According to data from GlobalPetrolPrices.com, the country’s average petrol price stood at $1.029 per litre, placing it 48th globally.
Libya maintains position as cheapest fuel market in the world
Libya continues to offer the lowest fuel prices in both Africa and the world, with petrol priced at just $0.027 per litre. Angola and Egypt followed in second and third places with $0.328 and $0.331 per litre, respectively.
Other countries making up the top ten cheapest fuel markets in Africa include:
| Rank | Country | Petrol Price (USD/litre) |
|---|---|---|
|
4 |
Algeria |
$0.343 |
|
5 |
Nigeria |
$0.560 |
|
6 |
Sudan |
$0.700 |
|
7 |
Tunisia |
$0.831 |
|
8 |
Ethiopia |
$0.851 |
|
9 |
Liberia |
$0.871 |
|
10 |
Ghana |
$1.029 |
In Ghana, consumers saw a slight uptick in fuel prices at the start of April 2025. A report from the National Petroleum Authority (NPA) indicated that petrol prices rose by 2%, with the current rate at GH¢15.20 per litre. Diesel also increased by 1.1%, now selling at GH¢15.35 per litre.
Conversely, Liquefied Petroleum Gas (LPG) experienced a marginal price drop of 0.3%, selling at GH¢17.30 per kilogramme.
Crude oil prices remain relatively low
Despite fluctuations in local pump prices, global crude oil prices have remained subdued, hovering around $65 per barrel throughout the early months of 2025.
Ghana’s fuel pricing trends over time
Earlier this year, in January 2025, Ghana fell to 13th place among African countries with the lowest petrol prices. At that time, the national average was $1.051 per litre, down from $0.985 in December 2024, placing the country 53rd globally, compared to 43rd in the previous month.
Once again, Libya led the continent, offering petrol at $0.030 per litre, followed by Angola ($0.328) and Egypt ($0.337). Algeria, Sudan, Nigeria, Tunisia, Ethiopia, and Liberia rounded out the top ten.
These trends highlight Ghana’s ongoing struggle to stabilise fuel prices amidst global market shifts and domestic economic pressures.
