Despite the latest price increase, Macedonia currently has the lowest prices for gasoline and diesel compared to neighboring countries.
As of August 25, Eurosuper BS-95 in Macedonia has been sold at a price of MKD 93 per liter, which is about EUR 1.51.
Diesel costs MKD 101.5, or approximately EUR 1.65 per liter.
Gasoline in Kosovo is sold at approx. EUR 1.53, and diesel at EUR 1.79. The prices are similar in Bulgaria, where a liter of gasoline costs approx. EUR 1.53, and diesel at EUR 1.77.
Gasoline in Serbia is sold at EUR 1.72 per liter, while diesel costs about EUR 1.97. This means that a liter of diesel in Serbia is about 32 eurocents more expensive than in Macedonia.
Prices are even higher in Greece, where gasoline and diesel hover around the 2 euro mark per liter. Gasoline is EUR 2, and diesel is slightly below that price.
The most expensive fuel among its neighbors is Albania. Gasoline there costs around 2.04 euros per liter, and diesel approx. EUR 2.23. Compared to Macedonia, the difference is around 53 eurocents for gasoline and almost 58 eurocents for diesel.
If one calculates a 50-liter tank, gasoline in Macedonia would cost around EUR 75.5, while in Greece around EUR 100. As for diesel, 50 liters in Macedonia cost around EUR 82, and in Albania almost EUR 112.
The price differences depend not only on the movement of oil on world markets, but also on the amount of excise duties, VAT and other taxes that each country calculates in the final retail price.
According to the latest available data, Macedonia remains the cheapest place to refuel in the region, although diesel has already exceeded the mark of MKD 100 per liter.
