In Germany households have to pay more for electricity than in any other country in the world.

This is the result of a price analysis of 145 countries, which the comparison portal Verivox carried out with data from the energy service Global Petrol Prices.

Consumers in this country have to pay 31.80 cents per kilowatt hour - the international average is 11.62 cents.

Denmark follows in second place with 29.38 cents, followed by Belgium (26.60 cents), the Cayman Islands (25.60 cents), Cape Verde (24.72 cents), Ireland (24.20 cents) and the United Kingdom (24.17 cents).

USA are much cheaper

Christian Siedenbiedel

Editor in business.

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Accordingly, electricity is cheapest in Venezuela.

Due to the ongoing hyperinflationary development, a kilowatt hour here converted into euros costs 0.00036 cents, followed by Sudan with 0.24 cents.

In Libya (0.38 cents), Iran (0.46 cents), Ethiopia (0.68 cents) and Kyrgyzstan (0.84 cents) the costs are also less than one cent per kilowatt hour.

But electricity is also sometimes considerably cheaper in other large industrialized countries than in Germany.

For example, private consumers in the US have to pay 12.69 cents for a kilowatt hour, not even half of what consumers in this country should shoulder.

In Saudi Arabia, Russia, Mexico, China, India, Argentina, Indonesia, Turkey, Canada and South Korea, less than 10 cents per kilowatt hour of electricity are due. 

Adjusted for purchasing power in 15th place

If you adjust the prices for the purchasing power in the respective countries, Germany still comes in 15th place. “In no other G20 country is electricity more expensive,” it says in the comparison.

In the group of the most important industrialized and emerging countries, Italy and the United Kingdom followed by some distance.

The most expensive of all countries is Rwanda, after adjustment for purchasing power, followed by Mali and Burkina Faso.