Energy > Gasoline prices: Countries Compared

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. <p>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. <p>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.

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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.

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CONTENTS

MAP
INTERESTING
Q+A

Totals

#	COUNTRY	AMOUNT	DATE
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

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Energy > Gasoline prices: Countries Compared Map

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.

Posted on 07 Apr 2005

Ian Graham, Staff Editor

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

Posted on 25 Aug 2012

Waltteri

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

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.

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

Posted on 02 Apr 2011

Erez

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

Posted on 23 Aug 2008

Sikiu Bravo

Energy > Gasoline prices: Countries Compared

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