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Energy > Gasoline prices: Countries Compared

Ian Graham, Staff Editor

Author: Ian Graham, Staff Editor

The annual springtime increase of U.S. gasoline prices could lead to a national average price of $2.50 per gallon, which could make a full tank for an SUV cost $65 or more. California, where gas prices are usually highest, could be averaging almost $3 a gallon by June.

GasPriceWatch.com says the national average for unleaded gas is $2.30 a gallon, 40 or 50 cents higher than last year. California gas prices are averaging $2.50 per gallon, compared to $2.10 in April 2004. By summer, Americans could be spending $5 billion more per month on gasoline than they did last year.

A Goldman Sachs analysis of how high prices would have to go to spur changes in American driving behavior predicted that oil could reach $135 a barrel by 2008, which would lead to average gas prices of about $4.30. That price is considered high enough to substantially reduce gasoline consumption.

DEFINITION: Ratio of premium gasoline price to world average
Units: Ratio of Gasoline Price to World Average
Units: Pump price for super gasoline (US$ per liter): Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars, and the ratio of the gas price to the world average in the same time period was used in order to normalize the data. For more information, see World Development Indicators, Table 3.12.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Uruguay 1.95 2002
2 United Kingdom 1.92 2002
3 Israel 1.87 2002
4 Argentina 1.75 2002
=5 Finland 1.74 2002
=5 Japan 1.74 2002
7 Iceland 1.72 2002
8 Netherlands 1.69 2002
=9 Denmark 1.66 2002
=9 Burundi 1.66 2002
11 Zambia 1.64 2002
=12 France 1.62 2002
=12 Central African Republic 1.62 2002
14 Italy 1.59 2002
15 Belgium 1.57 2002
16 Sweden 1.54 2002
=17 South Korea 1.51 2002
=17 Brazil 1.51 2002
19 Germany 1.49 2002
=20 Rwanda 1.46 2002
=20 North Korea 1.46 2002
22 Turkey 1.44 2002
Group of 7 countries (G7) average (profile) 1.44 2002
23 Uganda 1.41 2002
=24 Guinea 1.39 2002
=24 Zimbabwe 1.39 2002
High income OECD countries average (profile) 1.35 2002
=26 Sierra Leone 1.34 2002
=26 Morocco 1.34 2002
=26 Austria 1.34 2002
Eurozone average (profile) 1.34 2002
European Union average (profile) 1.33 2002
29 Hungary 1.33 2002
=30 Bolivia 1.31 2002
=30 Peru 1.31 2002
NATO countries average (profile) 1.3 2002
32 Switzerland 1.28 2002
=33 Portugal 1.26 2002
=33 Czech Republic 1.26 2002
=35 Madagascar 1.25 2002
=35 Republic of Macedonia 1.25 2002
=35 Cote d'Ivoire 1.25 2002
=35 Croatia 1.25 2002
=35 Poland 1.25 2002
40 Tanzania 1.23 2002
Non-religious countries average (profile) 1.23 2002
41 Norway 1.21 2002
=42 Senegal 1.2 2002
=42 Spain 1.2 2002
=44 Ireland 1.18 2002
=44 Greece 1.18 2002
=44 Paraguay 1.18 2002
=47 Dominica 1.16 2002
=47 Kenya 1.16 2002
=49 Mali 1.15 2002
=49 Bulgaria 1.15 2002
=51 Slovakia 1.13 2002
=51 Malawi 1.13 2002
Cold countries average (profile) 1.11 2002
=53 Burkina Faso 1.11 2002
=53 Bosnia and Herzegovina 1.11 2002
=53 Chad 1.11 2002
=53 Niger 1.11 2002
=57 El Salvador 1.1 2002
=57 Mauritania 1.1 2002
=57 Latvia 1.1 2002
=60 Lithuania 1.08 2002
=60 Sri Lanka 1.08 2002
62 Costa Rica 1.07 2002
63 Burma 1.06 2002
=64 The Gambia 1.05 2002
=64 Chile 1.05 2002
=64 Haiti 1.05 2002
=64 Guinea-Bissau 1.05 2002
Former Spanish colonies average (profile) 1.03 2002
=68 Nepal 1.03 2002
=68 Slovenia 1.03 2002
=70 Jamaica 1.02 2002
=70 Nicaragua 1.02 2002
=70 Honduras 1.02 2002
Former French colonies average (profile) 1 2002
=73 Mexico 1 2002
=73 Cambodia 1 2002
=73 Cuba 1 2002
76 Somalia 0.99 2002
=77 Estonia 0.98 2002
=77 India 0.98 2002
failed states average (profile) 0.965 2002
=79 Canada 0.95 2002
=79 Bhutan 0.95 2002
=81 Australia 0.93 2002
=81 Albania 0.93 2002
Emerging markets average (profile) 0.927 2002
=83 Cameroon 0.92 2002
=83 Liberia 0.92 2002
=83 Azerbaijan 0.92 2002
=83 Mozambique 0.92 2002
87 Armenia 0.9 2002
South Asia average (profile) 0.887 2002
=88 Panama 0.87 2002
=88 Lebanon 0.87 2002
=88 Papua New Guinea 0.87 2002
=88 Guatemala 0.87 2002
=88 Pakistan 0.87 2002
=88 Gabon 0.87 2002
=88 Democratic Republic of the Congo 0.87 2002
95 South Africa 0.82 2002
=96 Colombia 0.8 2002
=96 Tunisia 0.8 2002
=98 New Zealand 0.79 2002
=98 Benin 0.79 2002
=98 Togo 0.79 2002
=101 United States 0.77 2002
=101 Namibia 0.77 2002
South and Central Asia average (profile) 0.767 2002
=103 Ethiopia 0.75 2002
=103 Bangladesh 0.75 2002
=103 Romania 0.75 2002
Muslim countries average (profile) 0.748 2002
=106 Tajikistan 0.74 2002
=106 Moldova 0.74 2002
=106 Jordan 0.74 2002
Former Soviet republics average (profile) 0.738 2002
=109 Syria 0.72 2002
=109 Kyrgyzstan 0.72 2002
111 Uzbekistan 0.7 2002
112 Botswana 0.69 2002
113 Belarus 0.68 2002
114 Laos 0.67 2002
115 China 0.66 2002
=116 Thailand 0.64 2002
=116 Trinidad and Tobago 0.64 2002
Middle Eastern and North Africa average (profile) 0.627 2002
=118 Mongolia 0.62 2002
=118 Vietnam 0.62 2002
=120 Philippines 0.61 2002
=120 Ukraine 0.61 2002
122 Kazakhstan 0.59 2002
123 Russia 0.54 2002
=124 Ecuador 0.51 2002
=124 Oman 0.51 2002
126 Angola 0.49 2002
=127 Malaysia 0.46 2002
=127 Sudan 0.46 2002
=129 Nigeria 0.44 2002
=129 Algeria 0.44 2002
131 Egypt 0.43 2002
=132 Libya 0.41 2002
=132 United Arab Emirates 0.41 2002
134 Saudi Arabia 0.39 2002
135 Kuwait 0.34 2002
136 Ghana 0.33 2002
OPEC countries average (profile) 0.325 2002
137 Indonesia 0.28 2002
138 Venezuela 0.2 2002
139 Iran 0.08 2002
140 Iraq 0.05 2002
141 Turkmenistan 0.03 2002

Citation

"Countries Compared by Energy > Gasoline prices. International Statistics at NationMaster.com", German Agency for Technical Cooperation (GTZ), Fuel Prices and Taxation (1999) and the electronic update for2000. Available from World Bank, World Development Indicators 2002, WDI table 3.12. via ciesin.org. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/stats/Energy/Gasoline-prices

Energy > Gasoline prices: Countries Compared Map

NationMaster

Interesting observations about Energy > Gasoline prices

  • Turkey ranked first for gasoline prices amongst Muslim countries in 2002.
  • United Kingdom ranked first for gasoline prices amongst High income OECD countries in 2002.
  • Argentina ranked first for gasoline prices amongst Christian countries in 2002.
  • Uruguay ranked first for gasoline prices globally in 2002.
  • Brazil ranked second for gasoline prices amongst Emerging markets in 2002.
  • Zambia ranked first for gasoline prices amongst Hot countries in 2002.
  • Israel ranked first for gasoline prices amongst Former British colonies in 2002.
  • United States ranked last for gasoline prices amongst Group of 7 countries (G7) in 2002.
  • Finland ranked second for gasoline prices amongst Europe in 2002.
  • Japan ranked first for gasoline prices amongst Non-religious countries in 2002.

0

The annual springtime increase of U.S. gasoline prices could lead to a national average price of $2.50 per gallon, which could make a full tank for an SUV cost $65 or more. California, where gas prices are usually highest, could be averaging almost $3 a gallon by June.

GasPriceWatch.com says the national average for unleaded gas is $2.30 a gallon, 40 or 50 cents higher than last year. California gas prices are averaging $2.50 per gallon, compared to $2.10 in April 2004. By summer, Americans could be spending $5 billion more per month on gasoline than they did last year.

A Goldman Sachs analysis of how high prices would have to go to spur changes in American driving behavior predicted that oil could reach $135 a barrel by 2008, which would lead to average gas prices of about $4.30. That price is considered high enough to substantially reduce gasoline consumption.

Posted on 07 Apr 2005

Ian Graham, Staff Editor

Ian Graham, Staff Editor

0

1.74-1.80 per liter in Finland from what I've seen today

Posted on 25 Aug 2012

Waltteri

Waltteri

0

You have not included the most expensive country of all, Dominican Republic. The cost of Gas in my country is US$7,00.00 a gallon OVER SEVEN DOLLARS! you can find that info here: http://www.seic.gov.do/paginas/Informaci%C3%B3n.aspx

and in this article here: http://www.diariolibre.com/noticias_det.php?id=301256

Posted on 11 Aug 2011

Jose Delio Ares Garcia

Jose Delio Ares Garcia

0

Guys, the prices are CORRECT. They are not given in USD or Euros. The world average price is taken as unit (1). When it says that Uruguay's price is 1.95, what it means is that the price of gas in Uruguay is 1.95 times the world average.

Posted on 04 Apr 2011

Dr. Ajay B.

Dr. Ajay B.

0

it is 1.33/L 04/01/2011 in Montreal Quebec (Canada)

Posted on 02 Apr 2011

Erez

Erez

0

The oficial price in Venezuela for 95 Octane is US$0,032 that is Bs.68,8

Posted on 23 Aug 2008

Sikiu Bravo

Sikiu Bravo

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