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)

28.02ct/kWh

H2 2025·Rank 12 of 31−2.5 %vs. EU average

Details

Natural gas (household)

8.05ct/kWh

H2 2025 · ≈ 0.85 €/m³·Rank 8 of 27−18.1 %vs. EU average

Details

Petrol (95)

1.98€/L

Sep 14·Rank 20 of 30+2.7 %vs. EU average

Details

Diesel

2.10€/L

Sep 14·Rank 16 of 30+1.0 %vs. EU average

Details

Energy prices in Latvia at a glance

Household electricity in Latvia costs 28.02 ct/kWh in H2 2025, which is 2.5 % below the EU average of 28.75 ct/kWh. In the ranking of 31 compared countries (EU, EFTA, UK), Latvia sits at rank 12 — rank 1 is the cheapest. Compared with the previous half-year the price has risen by 2.2 %.

Household natural gas costs 8.05 ct/kWh (≈ 0.85 €/m³) in H2 2025, 18.1 % below the EU average of 9.83 ct/kWh. In the ranking of 27 compared countries (EU, EFTA, UK), Latvia sits at rank 8 — rank 1 is the cheapest.

At the pump, petrol (95 octane) costs 1.98 €/L and diesel 2.10 €/L in Latvia as of September 14, 2026; the EU averages are 1.92 €/L and 2.08 €/L respectively. In the ranking of 30 compared countries (EU, EFTA, UK), Latvia sits at rank 20 — rank 1 is the cheapest.

On the wholesale market the bidding zone LV (Latvia) currently trades at 1.00 €/MWh — about 0.10 ct/kWh before grid fees, taxes and levies.

Wholesale (day-ahead)

1 bidding zone(s) · hourly · ENTSO-E

LVLVLatvia1.00 €/MWhØ 24h 24.7

Neighbouring countries

EEEstonia⚡ 25.44 ct/kWh · ⛽ 1.91 €/LLTLithuania⚡ 22.63 ct/kWh · ⛽ 1.92 €/L

All pages about Latvia

FAQ

How much does electricity cost in Latvia?
Household electricity in Latvia costs 28.02 ct/kWh (H2 2025, all taxes included). That is 2.5 % below the EU average of 28.75 ct/kWh.
Is Latvia more expensive than the EU average?
Electricity is 2.5 % below the EU average. Gas is 18.1 % below the EU average. Petrol is 2.7 % above the EU average.
What do petrol and diesel cost in Latvia?
As of September 14, 2026, petrol costs 1.98 €/L and diesel 2.10 €/L in Latvia. The EU averages are 1.92 €/L (petrol) and 2.08 €/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