Electricity price by country 2025| Statista
The cheapest electricity prices in the world could be found in Iran in 2023, whereas the cost of electricity per kwh was highest in Europe.
If we averaged out the electricity prices in every country in the world, we would arrive at 14.2 U.S. cents per kWh for household users and 12.7 U.S. cents per kWh for business users – the global average electricity price.
Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices.
The chart shows the global average residential electricity prices at several levels of electricity consumption: at 25 percent of the average annual consumption, 50 percent, and so forth. The distribution is U-shaped: prices are higher at low and high levels of electricity consumption.
On an annual basis, household rates increased by 7.68 percent and business rates increased by 5.36 percent since Q4 2024. Electricity prices in Europe increased by 0.81 percent for households and by 3.13 percent for businesses compared to Q3 2025.
The cheapest electricity prices in the world could be found in Iran in 2023, whereas the cost of electricity per kwh was highest in Europe.
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* Peak demand shortage and Total energy shortage data provided by individual states * Market price data as provided by Power Exchange * Transmission & Distribution charges apply *
The data refers to the State-wise average rate of electricity for domestic and industrial consumers in India (Rates in paise/kwh). It gives details regarding the average monthly tariff of
Residential and business electricity rates in 150 countries around the world. Several data points for low, medium and high consumption. Final retail prices with all taxes and fees included. Updated quarterly
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