Central America: Fuel Prices up to August 28

Price of a gallon of regular gasoline: Costa Rica $4.34, Nicaragua $3.96, Honduras $3.79, El Salvador $3.51, Guatemala $3.42 and Panama $3.25.

Tuesday, August 28, 2018

From a report by the Ministry of Economy of El Salvador:

According to the latest report from the Energy Information Administration Agency (EIA), gasoline stocks grew close to 1.2 million barrels at the end of the week, while distillates and diesel increased by approximately 1.8 million barrels, the increase recorded, confirms the favorable moment for refineries because the production rate has remained at 98.1%, providing sufficient supply to the market.

Other factors that have tended to boost prices upward is the prolonged economic conflict in the United States and China, the Asian country implemented a package of 25 percent tariffs with a value of 16 billion dollars applied to US products such as coal, oil, diesel, and gasoline, among others. Added to this, financial sanctions against Iran implemented this month by the United States, restricted a valuable contribution to the international market, as Iran is the third largest producer of the Organization of Petroleum Exporting Countries (OPEC) which in the future could generate uncertainty in the trends of international prices; it is due to these global events that oil and its derivatives remain in uncertainty, causing a mixed trend in the reference prices of fuels nationwide for the present fortnight.


Price in dollarsRegularSpecialDiesel
El Salvador3.513.703.21
Guatemala3.423.582.90
Honduras3.794.123.47
Nicaragua3.964.043.49
Costa Rica4.344.483.68
Panama*3.253.342.91
*Prices taken from Acodeco.gob.pa

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More on this topic

Central America: Fuel Prices up to July 30

July 2019

Price per gallon of regular gasoline: Costa Rica $4.12, Nicaragua $3.82, Honduras $3.44, El Salvador $3.29, Guatemala $3.22 and Panama $3.04.

From the Ministry of Economy of El Salvador statement:

The reference prices for gasoline and diesel show increases in this fortnight, because of the shortage presented by the United States in oil reserves by 10.8 million barrels according to the weekly report of the IEA.

Central America: Fuel Prices up to February 11

February 2019

Price per gallon of regular gasoline: Costa Rica $3.48, Nicaragua $3.28, Honduras $3.19, El Salvador $2.81, Guatemala $2.75 and Panama $2.56.

From the Ministry of Economy of El Salvador report:

The increase in the reference prices for the current fortnight, according to the last two reports provided by the IEA, is because the reserves of gasoline and diesel show decreases in the last two weeks.

Central America: Fuel Prices up to January 15th

January 2019

Price per gallon of regular gasoline: Costa Rica $3.59, Nicaragua $3.21, Honduras $3.20, El Salvador $2.74, Guatemala $2.66 and Panama $2.64.

From the Ministry of Economy of El Salvador report:

The downward trend of the reference prices for the present fortnight is mainly due to the increase of the gasoline reserves and the oil distillates of the United States of America (USA); according to the last report by the IEA, the gasoline reserves increased by 8.1 million barrels per week, the greatest increase in the last 6 weeks; likewise, the reserves of distilled fuels, such as diesel also increased by 10.6 million barrels per week, being the greatest increase in the last 3 weeks.

Central America: Fuel Prices up to July 16

July 2018

Price of a gallon of regular gasoline: Costa Rica $4.33, Nicaragua $3.97, Honduras $3.74, El Salvador $3.51, Guatemala $3.46 and Panama $3.22.

From a report by the Ministry of Economy of El Salvador:

Despite a drop in inventories of crude oil in the United States, of approximately 12 million barrels, reported in the last week by the International Energy Agency (IEA), inventories of oil derivatives such as gasoline and diesel have seen slight fluctuations, ranging between weeks of increase and reduction in reserves; Gasoline stocks were reduced by approximately 2,199 million barrels in the last two weeks, despite the fact that the trend after that date showed an increase of 1,156 million barrels, similarly heating and diesel distillates increased their reserves in the last week by 4,125 million barrels, after two weeks of no change in their reserves, all according to reports by the IEA.

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