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Energy > Gasoline prices: Countries Compared

Author: Ian Graham <br>Staff Editor

Author: Ian Graham <br>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 UruguayUruguay 1.95 2002
2 United KingdomUnited Kingdom 1.92 2002
3 IsraelIsrael 1.87 2002
4 ArgentinaArgentina 1.75 2002
5 FinlandFinland 1.74 2002
6 JapanJapan 1.74 2002
7 IcelandIceland 1.72 2002
8 NetherlandsNetherlands 1.69 2002
9 DenmarkDenmark 1.66 2002
10 BurundiBurundi 1.66 2002
11 ZambiaZambia 1.64 2002
12 FranceFrance 1.62 2002
13 Central African RepublicCentral Africa 1.62 2002
14 ItalyItaly 1.59 2002
15 BelgiumBelgium 1.57 2002
16 SwedenSweden 1.54 2002
17 South KoreaSouth Korea 1.51 2002
18 BrazilBrazil 1.51 2002
19 GermanyGermany 1.49 2002
20 RwandaRwanda 1.46 2002
21 North KoreaNorth Korea 1.46 2002
22 TurkeyTurkey 1.44 2002
Group of 7 countries (G7) averageGroup of 7 countries (G7) average 1.44 2002
23 UgandaUganda 1.41 2002
24 GuineaGuinea 1.39 2002
25 ZimbabweZimbabwe 1.39 2002
High income OECD countries averageHigh income OECD countries average 1.35 2002
26 Sierra LeoneSierra Leone 1.34 2002
27 MoroccoMorocco 1.34 2002
28 AustriaAustria 1.34 2002
Eurozone averageEurozone average 1.34 2002
European Union averageEuropean Union average 1.33 2002
29 HungaryHungary 1.33 2002
30 BoliviaBolivia 1.31 2002
31 PeruPeru 1.31 2002
NATO countries averageNATO average 1.3 2002
32 SwitzerlandSwitzerland 1.28 2002
33 PortugalPortugal 1.26 2002
34 Czech RepublicCzech Republic 1.26 2002
35 MadagascarMadagascar 1.25 2002
36 Republic of MacedoniaMacedonia Rep. 1.25 2002
37 Cote d'IvoireCote d'Ivoire 1.25 2002
38 CroatiaCroatia 1.25 2002
39 PolandPoland 1.25 2002
40 TanzaniaTanzania 1.23 2002
Non-religious countries averageNon-religious countries average 1.23 2002
41 NorwayNorway 1.21 2002
42 SenegalSenegal 1.2 2002
43 SpainSpain 1.2 2002
44 IrelandIreland 1.18 2002
45 GreeceGreece 1.18 2002
46 ParaguayParaguay 1.18 2002
47 DominicaDominica 1.16 2002
48 KenyaKenya 1.16 2002
49 MaliMali 1.15 2002
50 BulgariaBulgaria 1.15 2002
51 SlovakiaSlovakia 1.13 2002
52 MalawiMalawi 1.13 2002
Cold countries averageCold countries average 1.11 2002
53 Burkina FasoBurkina Faso 1.11 2002
54 Bosnia and HerzegovinaBosnia+ 1.11 2002
55 ChadChad 1.11 2002
56 NigerNiger 1.11 2002
57 El SalvadorEl Salvador 1.1 2002
58 MauritaniaMauritania 1.1 2002
59 LatviaLatvia 1.1 2002
60 LithuaniaLithuania 1.08 2002
61 Sri LankaSri Lanka 1.08 2002
62 Costa RicaCosta Rica 1.07 2002
63 BurmaBurma 1.06 2002
64 The GambiaThe Gambia 1.05 2002
65 ChileChile 1.05 2002
66 HaitiHaiti 1.05 2002
67 Guinea-BissauGuinea-Bissau 1.05 2002
Former Spanish colonies averageFormer Spanish colonies average 1.03 2002
68 NepalNepal 1.03 2002
69 SloveniaSlovenia 1.03 2002
70 JamaicaJamaica 1.02 2002
71 NicaraguaNicaragua 1.02 2002
72 HondurasHonduras 1.02 2002
Former French colonies averageFormer French colonies average 1 2002
73 MexicoMexico 1 2002
74 CambodiaCambodia 1 2002
75 CubaCuba 1 2002
76 SomaliaSomalia 0.99 2002
77 EstoniaEstonia 0.98 2002
78 IndiaIndia 0.98 2002
Failed states averageFailed states average 0.965 2002
79 CanadaCanada 0.95 2002
80 BhutanBhutan 0.95 2002
81 AustraliaAustralia 0.93 2002
82 AlbaniaAlbania 0.93 2002
Emerging markets averageEmerging markets average 0.927 2002
83 CameroonCameroon 0.92 2002
84 LiberiaLiberia 0.92 2002
85 AzerbaijanAzerbaijan 0.92 2002
86 MozambiqueMozambique 0.92 2002
87 ArmeniaArmenia 0.9 2002
South Asia averageSouth Asia average 0.887 2002
88 PanamaPanama 0.87 2002
89 LebanonLebanon 0.87 2002
90 Papua New GuineaPapua NG 0.87 2002
91 GuatemalaGuatemala 0.87 2002
92 PakistanPakistan 0.87 2002
93 GabonGabon 0.87 2002
94 Democratic Republic of the CongoCongo, DR. 0.87 2002
95 South AfricaSouth Africa 0.82 2002
96 ColombiaColombia 0.8 2002
97 TunisiaTunisia 0.8 2002
98 New ZealandNew Zealand 0.79 2002
99 BeninBenin 0.79 2002
100 TogoTogo 0.79 2002
101 United StatesUnited States 0.77 2002
102 NamibiaNamibia 0.77 2002
South and Central Asia averageSouth and Central Asia average 0.767 2002
103 EthiopiaEthiopia 0.75 2002
104 BangladeshBangladesh 0.75 2002
105 RomaniaRomania 0.75 2002
Muslim countries averageMuslim countries average 0.748 2002
106 TajikistanTajikistan 0.74 2002
107 MoldovaMoldova 0.74 2002
108 JordanJordan 0.74 2002
Former Soviet republics averageFormer Soviet republics average 0.738 2002
109 SyriaSyria 0.72 2002
110 KyrgyzstanKyrgyzstan 0.72 2002
111 UzbekistanUzbekistan 0.7 2002
112 BotswanaBotswana 0.69 2002
113 BelarusBelarus 0.68 2002
114 LaosLaos 0.67 2002
115 ChinaChina 0.66 2002
116 ThailandThailand 0.64 2002
117 Trinidad and TobagoTrinidad+ 0.64 2002
Middle Eastern and North Africa averageMiddle Eastern and North Africa average 0.627 2002
118 MongoliaMongolia 0.62 2002
119 VietnamVietnam 0.62 2002
120 PhilippinesPhilippines 0.61 2002
121 UkraineUkraine 0.61 2002
122 KazakhstanKazakhstan 0.59 2002
123 RussiaRussia 0.54 2002
124 EcuadorEcuador 0.51 2002
125 OmanOman 0.51 2002
126 AngolaAngola 0.49 2002
127 MalaysiaMalaysia 0.46 2002
128 SudanSudan 0.46 2002
129 NigeriaNigeria 0.44 2002
130 AlgeriaAlgeria 0.44 2002
131 EgyptEgypt 0.43 2002
132 LibyaLibya 0.41 2002
133 United Arab EmiratesUAE 0.41 2002
134 Saudi ArabiaSaudi Arabia 0.39 2002
135 KuwaitKuwait 0.34 2002
136 GhanaGhana 0.33 2002
OPEC countries averageOPEC countries average 0.325 2002
137 IndonesiaIndonesia 0.28 2002
138 VenezuelaVenezuela 0.2 2002
139 IranIran 0.08 2002
140 IraqIraq 0.05 2002
141 TurkmenistanTurkmenistan 0.03 2002

Citation

"All countries compared for Energy > Gasoline prices", 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

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 <br>Staff Editor

Ian Graham <br>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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