Ameer Randolph
As of 28 July 2025, the price of gasoline in Turkey is TRY 51.33 per litre or USD 1.27 per litre. This is slightly higher than the average world price of USD 1.20 per litre. Turkey's gasoline prices have fluctuated over the past decade, with a recorded minimum of TRY 4.03 in February 2016 and a maximum of TRY 51.50 in June 2025.
| Characteristics | Values |
|---|---|
| Current gasoline price in Turkey | TRY 51.33 per liter or USD 1.27 per liter |
| Average price of gasoline in the world | USD 1.20 per liter |
| Average price of gasoline in Turkey from 2015-08-17 to 2025-07-28 | TRY 15.74 per liter |
| Minimum price of gasoline in Turkey during the above period | TRY 4.03 on 2016-02-15 |
| Maximum price of gasoline in Turkey during the above period | TRY 51.50 on 2025-06-23 |
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What You'll Learn
Gasoline price in Turkish lira
As of July 28, 2025, the price of gasoline in Turkey was 51.33 Turkish lira per liter or 1.27 US dollars per liter. This is slightly higher than the average world price of gasoline, which stands at 1.20 US dollars per liter.
Turkey's gasoline prices have fluctuated over the years. Between August 17, 2015, and July 28, 2025, the average price was 15.74 lira per liter, with a minimum of 4.03 lira on February 15, 2016, and a maximum of 51.50 lira on June 23, 2025.
The gasoline prices in Turkey are determined by various factors, including global oil prices, local taxes, and the exchange rate of the Turkish lira. These prices can have a significant impact on the country's economy and the daily lives of Turkish citizens, affecting transportation costs, the price of goods, and the overall cost of living.
The Turkish government and regulatory agencies play a role in managing gasoline prices. The government may intervene to fix prices for a period, resulting in a flat line on price charts. Additionally, petroleum companies and major media sources contribute to the dissemination of price information and market updates.
It is worth noting that gasoline prices can vary within Turkey due to factors such as regional differences in taxation and distribution costs. Motorists in Turkey typically refuel at petrol stations operated by major oil companies or smaller independent providers, and the pricing at these stations may differ slightly.
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Gasoline price in US dollars
As of 28 July 2025, the price of gasoline in Turkey is 1.27 US dollars per liter. This is slightly higher than the average world price of gasoline, which is 1.20 US dollars per liter.
To provide some context, the price of gasoline in Turkey has fluctuated over the past decade. Since 2015, the average price of gasoline in Turkey has been TRY 15.74 per liter (approximately USD 0.40-0.50 during this period). The price has reached lows of TRY 4.03 per liter (approximately USD 0.11) in February 2016 and highs of TRY 51.50 per liter (approximately USD 1.41) in June 2025.
It is worth noting that the Turkish government may have fixed prices during certain periods, as indicated by long flat lines in the price data. The data suggests that prices may have been fixed at certain levels for extended periods, potentially influencing the overall price trend.
The gasoline prices in Turkey, when compared to other countries, fall in the mid-range. For example, Hong Kong had the highest prices for premium gasoline in November 2024, with an average of 3.31 US dollars per liter. In contrast, oil-rich countries often enjoy lower gasoline prices, and drivers in large car markets like Europe typically pay around 2 US dollars per liter.
The gasoline price in Turkey, at 1.27 US dollars per liter, is higher than the world average but remains below the prices seen in some other regions. These prices can be influenced by various factors, including local taxes, oil production, and global economic conditions. It is essential to consider these prices in conjunction with other economic indicators and energy-specific factors to gain a comprehensive understanding of the energy market in Turkey and its relation to global trends.
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Average price of gasoline worldwide
As of 28 July 2025, the average price of gasoline around the world is 1.29 US dollars per litre. However, prices vary significantly from country to country. Generally, richer countries have higher prices, while poorer countries and oil-producing and exporting countries have significantly lower prices. For example, the United States, an economically advanced country, is an exception to this rule, as it has low gas prices. These price differences are due to varying taxes and subsidies for gasoline. All countries have access to the same international market petroleum prices but impose different taxes, resulting in different retail prices.
On 28 July 2025, the price of gasoline in Turkey was 1.27 US dollars per litre, slightly lower than the global average. Turkey's gasoline prices have fluctuated over time, with a minimum of TRY 4.03 on 15 February 2016 and a maximum of TRY 51.50 on 23 June 2025.
Hong Kong had the highest prices for premium gasoline (95-RON) on 11 November 2024, averaging 3.31 US dollars per litre, significantly more than in any other country.
Some sources provide information on premium gasoline prices by country in 2024, but they do not specify the dates or give a range of dates. These sources mention countries such as the United Kingdom, Denmark, France, Croatia, Austria, and Luxembourg.
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Minimum and maximum prices
As of 28 July 2025, the price of gasoline in Turkey is TRY 51.33 per litre or USD 1.27 per litre. This is slightly higher than the average price of gasoline worldwide, which is USD 1.20 per litre.
Data from official government sources, regulatory agencies, petroleum companies, and major media sources show that the price of gasoline in Turkey has fluctuated since 2015. The average price of Octane-95 gasoline in Turkey from 17 August 2015 to 28 July 2025 was TRY 15.74 per litre.
The minimum price during this period was TRY 4.03 on 15 February 2016. This is significantly lower than the average price of gasoline in Turkey and even further below the global average price. It is safe to assume that the price of fuel in Turkey has increased since 2016.
The maximum price during this period was TRY 51.50, recorded on 23 June 2025. This price is very close to the price of gasoline as of 28 July 2025, indicating that the price of fuel in Turkey has remained relatively stable in recent months.
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How often prices are updated
Fuel prices in Turkey are updated quite frequently. One source states that the data is updated three times a week, with current prices compared to prices from a week, month, and year ago. Another source, GlobalPetrolPrices.com, mentions that their data is updated weekly. They provide Octane-95 gasoline price data for Turkey from 17 August 2015 to 28 July 2025.
The frequency of updates for fuel prices in Turkey appears to be relatively regular and timely, ensuring that the information available to consumers and stakeholders is current and reflective of market dynamics. This allows individuals and businesses involved in the fuel industry or dependent on fuel prices to make informed decisions and plan accordingly.
It is important to note that fuel prices can be influenced by various factors, including global oil prices, local supply and demand dynamics, taxation policies, and government interventions. These factors may contribute to fluctuations in fuel prices over time, and the frequency of updates ensures that consumers are aware of any changes in the cost of fuel.
While the sources indicate a weekly update schedule, it is always advisable to refer to official government sources, regulatory agencies, or petroleum companies for the most up-to-date and accurate information regarding fuel prices in Turkey. These entities are responsible for monitoring and disseminating fuel price data, and their websites or platforms are likely to provide the most current details on fuel costs in the country.
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Frequently asked questions
As of July 28, 2025, the price of gasoline in Turkey is TRY 51.33 per liter or USD 1.27 per liter.
USD 1.27 per liter.
From August 17, 2015, to July 28, 2025, the average price of gasoline in Turkey was TRY 15.74 per liter.
TRY 51.33 per liter.
