Top 100 Countries by Household Electricity Prices, 2026
How to read the 2023–2026 household electricity price benchmark
This page ranks the first 100 countries, territories and economies in the current GlobalPetrolPrices residential electricity comparison. The values are averages for the period from 2023 through Q2 2026, not prices for a single month or quarter in 2026. Using a multi-year average reduces short-term volatility and makes broad cross-market comparisons easier, but it also means the table should not be read as a live tariff sheet.
The source publishes final household prices in U.S. dollars per kilowatt-hour and states that the figures include the principal items on an electricity bill: energy, transmission and distribution, applicable taxes, fees and other charges. National averages can still differ from an individual household's tariff because consumption bands, fixed charges, regional networks, suppliers and support programs vary within many markets.
Direct answer: Bermuda has the highest 2023–Q2 2026 average among the first 100 entries at $0.465/kWh. Ireland follows at $0.450/kWh. Indonesia and Jordan share the displayed Top 100 boundary value of $0.090/kWh; their positions follow the order shown by the source.
Bermuda, per kWh.
Midpoint between ranks 50 and 51.
First to third quartile, using the median-of-halves method.
Indonesia and Jordan share the displayed value.
Top 100 household electricity price averages
The table is sorted by the source's published residential average. Use the controls to search, isolate a UN M49 macroregion or change the order. The rank column always preserves the original position in the full benchmark, while the Show control limits the current filtered and sorted result set.
| Rank | Country or economy | Average price | UN M49 region |
|---|---|---|---|
| 1 | Bermuda | $0.465/kWh | Americas |
| 2 | Ireland | $0.450/kWh | Europe |
| 3 | Italy | $0.414/kWh | Europe |
| 4 | Cayman Islands | $0.410/kWh | Americas |
| 5 | Germany | $0.406/kWh | Europe |
| 6 | Belgium | $0.406/kWh | Europe |
| 7 | United Kingdom | $0.402/kWh | Europe |
| 8 | Liechtenstein | $0.399/kWh | Europe |
| 9 | Switzerland | $0.367/kWh | Europe |
| 10 | Denmark | $0.355/kWh | Europe |
| 11 | Austria | $0.353/kWh | Europe |
| 12 | Czech Republic | $0.351/kWh | Europe |
| 13 | Bahamas | $0.348/kWh | Americas |
| 14 | Cyprus | $0.343/kWh | Asia |
| 15 | Cabo Verde | $0.329/kWh | Africa |
| 16 | Barbados | $0.314/kWh | Americas |
| 17 | Guatemala | $0.299/kWh | Americas |
| 18 | Estonia | $0.292/kWh | Europe |
| 19 | Jamaica | $0.290/kWh | Americas |
| 20 | Netherlands | $0.286/kWh | Europe |
| 21 | Lithuania | $0.285/kWh | Europe |
| 22 | Latvia | $0.280/kWh | Europe |
| 23 | France | $0.276/kWh | Europe |
| 24 | Luxembourg | $0.261/kWh | Europe |
| 25 | Australia | $0.259/kWh | Oceania |
| 26 | Spain | $0.255/kWh | Europe |
| 27 | Uruguay | $0.255/kWh | Americas |
| 28 | El Salvador | $0.254/kWh | Americas |
| 29 | Greece | $0.254/kWh | Europe |
| 30 | Sweden | $0.243/kWh | Europe |
| 31 | Portugal | $0.239/kWh | Europe |
| 32 | Poland | $0.236/kWh | Europe |
| 33 | Singapore | $0.233/kWh | Asia |
| 34 | Sierra Leone | $0.232/kWh | Africa |
| 35 | Honduras | $0.231/kWh | Americas |
| 36 | Chile | $0.228/kWh | Americas |
| 37 | Slovenia | $0.228/kWh | Europe |
| 38 | Japan | $0.227/kWh | Asia |
| 39 | Mali | $0.223/kWh | Africa |
| 40 | Romania | $0.222/kWh | Europe |
| 41 | Belize | $0.219/kWh | Americas |
| 42 | Kenya | $0.219/kWh | Africa |
| 43 | Slovakia | $0.215/kWh | Europe |
| 44 | New Zealand | $0.212/kWh | Oceania |
| 45 | Aruba | $0.211/kWh | Americas |
| 46 | Rwanda | $0.211/kWh | Africa |
| 47 | Burkina Faso | $0.209/kWh | Africa |
| 48 | South Africa | $0.209/kWh | Africa |
| 49 | Philippines | $0.209/kWh | Asia |
| 50 | Gabon | $0.208/kWh | Africa |
| 51 | Colombia | $0.207/kWh | Americas |
| 52 | Togo | $0.199/kWh | Africa |
| 53 | Andorra | $0.196/kWh | Europe |
| 54 | United States | $0.188/kWh | Americas |
| 55 | Peru | $0.186/kWh | Americas |
| 56 | Israel | $0.185/kWh | Asia |
| 57 | Hong Kong | $0.184/kWh | Asia |
| 58 | Senegal | $0.183/kWh | Africa |
| 59 | Croatia | $0.181/kWh | Europe |
| 60 | Iceland | $0.179/kWh | Europe |
| 61 | Moldova | $0.179/kWh | Europe |
| 62 | Nicaragua | $0.176/kWh | Americas |
| 63 | Panama | $0.176/kWh | Americas |
| 64 | Finland | $0.175/kWh | Europe |
| 65 | Uganda | $0.171/kWh | Africa |
| 66 | Costa Rica | $0.170/kWh | Americas |
| 67 | Norway | $0.165/kWh | Europe |
| 68 | Brazil | $0.164/kWh | Americas |
| 69 | Bulgaria | $0.155/kWh | Europe |
| 70 | Cambodia | $0.150/kWh | Asia |
| 71 | Malta | $0.148/kWh | Europe |
| 72 | Ghana | $0.147/kWh | Africa |
| 73 | Namibia | $0.143/kWh | Africa |
| 74 | Mauritius | $0.135/kWh | Africa |
| 75 | Côte d’Ivoire | $0.132/kWh | Africa |
| 76 | Madagascar | $0.130/kWh | Africa |
| 77 | Serbia | $0.130/kWh | Europe |
| 78 | Eswatini | $0.129/kWh | Africa |
| 79 | North Macedonia | $0.129/kWh | Europe |
| 80 | South Korea | $0.127/kWh | Asia |
| 81 | Thailand | $0.127/kWh | Asia |
| 82 | Mozambique | $0.127/kWh | Africa |
| 83 | Canada | $0.123/kWh | Americas |
| 84 | Morocco | $0.121/kWh | Africa |
| 85 | Montenegro | $0.120/kWh | Europe |
| 86 | Albania | $0.119/kWh | Europe |
| 87 | Dominican Republic | $0.115/kWh | Americas |
| 88 | Sri Lanka | $0.114/kWh | Asia |
| 89 | Armenia | $0.113/kWh | Asia |
| 90 | Hungary | $0.111/kWh | Europe |
| 91 | Mexico | $0.109/kWh | Americas |
| 92 | Bosnia and Herzegovina | $0.108/kWh | Europe |
| 93 | Lesotho | $0.108/kWh | Africa |
| 94 | Maldives | $0.104/kWh | Asia |
| 95 | Taiwan | $0.098/kWh | Asia |
| 96 | Ecuador | $0.097/kWh | Americas |
| 97 | Botswana | $0.094/kWh | Africa |
| 98 | Tanzania | $0.091/kWh | Africa |
| 99 | Indonesia | $0.090/kWh | Asia |
| 100 | Jordan | $0.090/kWh | Asia |
Regional labels use the five UN M49 macroregions. Taiwan is grouped with Asia for geographic analysis because the source lists it as a separate economy, while the UN M49 country-or-area table does not provide it as a separate entry.
What the distribution shows beyond the ranking order
The Top 100 is not evenly distributed from the highest value to the boundary. Seven entries are at or above $0.400/kWh, 16 are at or above $0.300/kWh, and 29 are at or above $0.250/kWh. The midpoint is much lower: the median is $0.2075/kWh, calculated as the average of Gabon at rank 50 ($0.208) and Colombia at rank 51 ($0.207).
Upper quarter
The third quartile is $0.257/kWh. In practical terms, roughly one quarter of the Top 100 entries are above about 25.7 cents per kWh. This group includes high-cost island systems and a substantial cluster of European retail markets.
Lower quarter
The first quartile is $0.131/kWh. Values around this point appear in several African, Asian and southeastern European markets. A low published tariff does not automatically indicate low production cost or strong affordability because subsidies and household income are not included in the ranking.
Fivefold spread
Bermuda's $0.465/kWh value is about 5.17 times the $0.090/kWh value shared by Indonesia and Jordan. That ratio illustrates the scale of international tariff differences, but it should not be interpreted as a fivefold difference in annual household bills.
Where most entries sit
Fifty-one of the 100 entries are at or above $0.200/kWh, while 94 are at or above $0.100/kWh. The table is therefore concentrated in a broad middle band rather than being split evenly between very high and very low prices.
How to read a row: a value of $0.188/kWh for the United States means the source's average residential benchmark for 2023 through Q2 2026 equals 18.8 U.S. cents per kilowatt-hour. It does not mean every U.S. household paid that tariff, and it does not show the average monthly bill.
Regional medians within the Top 100
Regional medians provide a more stable summary than comparing only the highest-ranked member of each region. The calculations below use the 100 displayed values and the five UN M49 macroregions. They describe this Top 100 subset, not every electricity market in the world.
Oceania has only two entries in this subset—Australia and New Zealand—so its median is simply the midpoint of those two values and should not be treated as a broad regional estimate.
Why household electricity prices differ between markets
The retail price paid by households is the result of several layers rather than the wholesale cost of electricity alone. Generation, network investment, system balancing, retail service, taxes, levies and fixed charges may all appear in the final bill. The importance of each component depends on market design and national policy.
- Fuel and generation mix: systems that depend on imported oil or gas can face higher and more volatile costs. Remote islands often have limited generation scale and few opportunities to import electricity through interconnectors.
- Network costs: transmission and distribution charges reflect grid size, maintenance needs, reliability standards, losses and investment. Sparse populations or difficult geography can raise the network cost allocated to each customer.
- Taxes and policy charges: some governments recover environmental, social or energy-transition costs through the electricity bill. Eurostat reported that taxes and levies accounted for 28.9% of the average EU household electricity price in the second half of 2025.
- Regulation and subsidies: regulated tariffs can hold the household price below the full cost of supply. This may reduce the observed price without eliminating the cost, which can instead appear in public budgets, utility debt or deferred investment.
- Consumption bands and fixed fees: a standing charge raises the effective price per kWh for low-use households. Tiered tariffs, social rates and time-of-use plans can produce substantially different bills within the same country.
- Currency conversion: the comparison is published in USD. Exchange-rate changes can move a country up or down even when the tariff in local currency changes little.
These factors explain why a high price is not automatically evidence of an inefficient electricity system and why a low price is not automatically evidence of affordability. Annual burden depends on income, dwelling efficiency, climate, heating and cooling technology, household size, service reliability and total consumption. A separate affordability ranking would need income or expenditure data and would likely produce a different order.
Methodology, coverage and limitations
Metric
Average residential electricity price in USD per kWh as displayed by GlobalPetrolPrices for the period from 2023 through Q2 2026. The source describes the price as including the main energy, network, tax and fee components of the final household bill.
Ranking rule
The first 100 residential entries are retained in the same order as the public comparison table. Higher published values rank higher. Values are shown to three decimal places, so equal displayed values may conceal differences beyond the published precision.
Quartiles and median
The median is the mean of positions 50 and 51 in the ordered 100-row set. Q1 and Q3 use the median-of-halves method: the lower 50 and upper 50 values are each split at their midpoint.
Regional analysis
Regions follow the UN Statistics Division M49 macroregions: Africa, Americas, Asia, Europe and Oceania. This replaces ad hoc labels such as “Middle East” or separate Caribbean and Central American regions.
Why published coverage numbers differ
The source uses different coverage counts for different products and dates. The Q2 2026 public comparison table currently displays 145 residential entries. Elsewhere, the website describes electricity coverage in 150 countries, its API page refers to 145 electricity markets, the downloadable quarterly dataset page states 140 countries, and the Q4 2025 map lists 143. Those figures should not be combined because they refer to different interfaces, availability rules or snapshots. This page uses a narrow, reproducible definition: the first 100 residential rows visible in the Q2 2026 public 2023–2026 average table.
Important limits of the comparison
The ranking compares average prices, not annual bills. It does not adjust for purchasing power, disposable income, household electricity use, service interruptions, climate or dwelling efficiency. It also cannot show every tariff offered within a market. A household on a social tariff, time-of-use plan, rural network or high-consumption band may pay a materially different effective rate.
The averaging window is useful for reducing quarter-to-quarter noise, but it also softens recent changes. A sharp tariff increase in Q2 2026 affects only part of the 2023–Q2 2026 average, while an older high-price quarter remains in the calculation. For questions about current bills, consult the latest regulator, utility or national statistics release rather than relying on this multi-year ranking alone.
Data use and attribution: GlobalPetrolPrices states that its website is licensed under Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported. Attribution is provided below. Before using the complete 100-row table on a commercial page, confirm that the intended reproduction and presentation comply with the source's current license and terms.
Frequently asked questions
Is this a ranking of electricity prices only in 2026?
No. It is a ranking of averages covering 2023 through Q2 2026. The latest quarter included is Q2 2026, but earlier quarters remain part of every displayed value.
Which country or economy has the highest value?
Bermuda ranks first at $0.465/kWh. Ireland is second at $0.450/kWh, followed by Italy at $0.414/kWh.
Why do Indonesia and Jordan both appear at $0.090/kWh?
The source publishes both values to three decimal places. They share the displayed boundary value, while their positions follow the source order. The next entry outside this Top 100 is Malawi at $0.088/kWh.
Do the prices include taxes and network charges?
The source states that residential prices include the main bill components, including energy, transmission and distribution, applicable taxes, fees and related charges. Exact bill structures still vary by market.
Does the ranking measure electricity affordability?
No. Affordability requires income, consumption and household expenditure information. A country with a high unit price may have high incomes or efficient homes, while a lower tariff can still be burdensome where incomes are low.
Why can my bill differ from the national value?
Actual tariffs can vary by region, utility, supplier, consumption band, fixed charge, time of use, subsidy eligibility and contract type. The table is a cross-country benchmark, not a quote for an individual household.
Why use USD per kWh?
A common currency and unit make countries easier to compare. The trade-off is exchange-rate sensitivity: a market can move in the USD ranking even if its local-currency tariff changes less.
Why are territories and economies included?
The source table includes countries, territories and separately reported economies. The table therefore uses “country or economy” rather than implying that every row is a sovereign state.
Data sources and verification context
The ranking values come from one source so that every row uses the same published benchmark. Official and institutional sources below are used to explain price components, regional classification and current market context; they do not replace the row values.
GlobalPetrolPrices
Primary source for the 145-entry Q2 2026 public comparison table, the 2023–2026 averaging period, values, order and price methodology.
GlobalPetrolPrices data coverage
Used to distinguish the public table from the downloadable dataset, API and map coverage counts.
Quarterly electricity data download
Electricity data API coverage
Household electricity price map
Eurostat
Official European context for second-half 2025 household prices, taxes, levies and purchasing-power comparisons, published May 5, 2026.
United Nations Statistics Division
M49 country-or-area nomenclature and macroregional groupings used for the region filter and regional medians.
International Energy Agency
Institutional context for end-use energy prices, sectors and cross-country energy-price analysis.
U.S. Energy Information Administration
Explanation of generation, transmission, distribution, fuel and regulatory factors that influence retail electricity prices.
