EU EnergyPrices

Energy prices Latvia

Electricity, gas, fuel and wholesale prices for Latvia at a glance — official sources, compared with the EU average.

4 datasets · Eurostat, EU Oil Bulletin, ENTSO-E and national statistics · updated automatically

Electricity (household)

24.15ct/kWh

H1 2026·Rank 15 of 30−3.5 %vs. EU average

Details

Natural gas (household)

8.12ct/kWh

H1 2026 · ≈ 0.86 €/m³·Rank 10 of 24−16.3 %vs. EU average

Details

Petrol (95)

1.93€/L

Oct 26·Rank 17 of 30+2.0 %vs. EU average

Details

Diesel

2.08€/L

Oct 26·Rank 14 of 30−0.3 %vs. EU average

Details

Energy prices in Latvia at a glance

Household electricity in Latvia costs 24.15 ct/kWh in H1 2026, which is 3.5 % below the EU average of 25.03 ct/kWh. In the ranking of 30 compared countries (EU, EFTA, UK), Latvia sits at rank 15 — rank 1 is the cheapest. Compared with the previous half-year the price has fallen by 1.5 %.

Household natural gas costs 8.12 ct/kWh (≈ 0.86 €/m³) in H1 2026, 16.3 % below the EU average of 9.70 ct/kWh. In the ranking of 24 compared countries (EU, EFTA, UK), Latvia sits at rank 10 — rank 1 is the cheapest.

At the pump, petrol (95 octane) costs 1.93 €/L and diesel 2.08 €/L in Latvia as of October 26, 2026; the EU averages are 1.89 €/L and 2.09 €/L respectively. In the ranking of 30 compared countries (EU, EFTA, UK), Latvia sits at rank 17 — rank 1 is the cheapest.

On the wholesale market the bidding zone LV (Latvia) currently trades at 50.00 €/MWh — about 5.00 ct/kWh before grid fees, taxes and levies.

Wholesale (day-ahead)

1 bidding zone(s) · hourly · ENTSO-E

LVLVLatvia50.00 €/MWhØ 24h 233.5

Neighbouring countries

EEEstonia⚡ 21.18 ct/kWh · ⛽ 1.89 €/LLTLithuania⚡ 21.62 ct/kWh · ⛽ 1.93 €/L

All pages about Latvia

FAQ

How much does electricity cost in Latvia?
Household electricity in Latvia costs 24.15 ct/kWh (H1 2026, all taxes included). That is 3.5 % below the EU average of 25.03 ct/kWh.
Is Latvia more expensive than the EU average?
Electricity is 3.5 % below the EU average. Gas is 16.3 % below the EU average. Petrol is 2.0 % above the EU average.
What do petrol and diesel cost in Latvia?
As of October 26, 2026, petrol costs 1.93 €/L and diesel 2.08 €/L in Latvia. The EU averages are 1.89 €/L (petrol) and 2.09 €/L (diesel).
Where does the data come from?
Household prices come from Eurostat (half-yearly, consumption bands DC / D2), fuel prices from the EU Weekly Oil Bulletin and national statistics offices, wholesale prices from ENTSO-E and Elexon. Non-EU countries are converted to euros at ECB reference rates. The EU average covers member states only.

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Sources: Eurostat · EU Oil Bulletin · ENTSO-E · national statistics · updated automatically