Countries by Petrol Prices

Source	www.globalpetrolprices.com
Date	02 Jul 2022

Top Statistics

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List of continents by gdp per capita

World urban population

The cost of crude oil is the largest component of the retail price of gasoline or petrol. Recently, the price of WTI crude oil has been $110-$111 a barrel. In the worldwide oil industry, an oil barrel is defined as 42 U.S. gallons, which is about 159 liters. This calculates the price of crude oil to $0.69-$0.70 per liter. Taxes and subsidies, cost of refining and transporting, commission, etc., are included in retail price.

The average price of gasoline around the world is 1.47 U.S. Dollars per liter. As a general rule, richer countries have higher prices while poorer countries and the countries that produce and export oil have significantly lower prices. The differences in prices across countries are mainly due to the various taxes and subsidies for gasoline. All countries have access to the same petroleum prices of international markets but then decide to impose different taxes.

Out of the 168 countries/regions listed, 32 have a price below 1 USD dollar. Fifty-nine have between $1.00-$1.50, 44 have between $1.50-$2.00, 32 have between $2.0-$3.0, and one have over $3. Prices are as per the date 27 Jun 2022.

Venezuela has the cheapest price, just $0.02 per liter, followed by Libya ($0.03) and Iran ($0.05). Among the top ten cheapest, five countries are located in Asia, four in Africa, and one in South America. Hong Kong has the most expensive price of $3.03, followed by Norway.

Qatar is among the top 10 richest economies but has low gasoline price below $1. Even developed country USA and Australia have a price below $1.5. Prices are high in European nations as only three countries have less than one dollar. Azerbaijan has the lowest rate in Europe. Other three having below $1 are Russia and Belarus. 44 out of 47 European countries have a price above $1. This figure is 24 out of 39 in Asia, 33 out of 42 in Africa, 22 out of 24 in North America, 8 out of 12 in South America and 4 out of 4 in Oceania.

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Petrol prices in USD, EURO and INR
Rank	Country	Gasoline/Petrol Prices per liter			Continent
Rank	Country	USD ($)	EURO (€)	INR (₹)	Name	Rank
1	Venezuela	0.02	0.02	1.76	South America	1
2	Libya	0.03	0.03	2.47	Africa	1
3	Iran	0.05	0.05	4.23	Asia	1
4	Syria	0.29	0.27	22.61	Asia	2
5	Algeria	0.32	0.30	24.88	Africa	2
6	Kuwait	0.34	0.33	27.06	Asia	3
7	Angola	0.37	0.36	29.56	Africa	3
8	Nigeria	0.42	0.40	32.98	Africa	4
9	Turkmenistan	0.43	0.41	33.86	Asia	4
10	Kazakhstan	0.45	0.43	35.73	Asia	5
11	Malaysia	0.47	0.44	36.87	Asia	6
12	Iraq	0.51	0.49	40.65	Asia	7
13	Egypt	0.52	0.49	41.02	Africa	5
14	Bahrain	0.53	0.50	41.96	Asia	8
15	Bolivia	0.54	0.52	42.99	South America	2
16	Haiti	0.57	0.54	45.03	North America	1
17	Colombia	0.57	0.55	45.40	South America	3
18	Qatar	0.58	0.55	45.62	Asia	9
19	Azerbaijan	0.59	0.56	46.52	Europe	1
20	Oman	0.62	0.59	49.09	Asia	10
21	Saudi Arabia	0.62	0.59	49.10	Asia	11
22	Ecuador	0.65	0.62	51.19	South America	4
23	Ethiopia	0.71	0.67	55.93	Africa	6
24	Belarus	0.73	0.69	57.61	Europe	2
25	Tunisia	0.76	0.72	59.95	Africa	7
26	Kyrgyzstan	0.83	0.79	65.66	Asia	12
27	Uzbekistan	0.93	0.89	73.89	Asia	13
28	Afghanistan	0.95	0.90	75.14	Asia	14
29	Bangladesh	0.95	0.91	75.34	Asia	15
30	Russia	0.96	0.91	76.06	Europe	3
31	Benin	0.97	0.92	76.53	Africa	8
32	Gabon	0.98	0.93	77.15	Africa	9
33	Trinidad & Tobago	1.00	0.95	78.67	North America	2
34	Madagascar	1.01	0.96	79.57	Africa	10
35	Togo	1.01	0.96	79.72	Africa	11
36	Argentina	1.03	0.97	81.04	South America	5
37	Cameroon	1.05	1.00	82.89	Africa	12
38	Taiwan	1.06	1.01	83.84	Asia	16
39	Maldives	1.08	1.03	85.27	Asia	17
40	United Arab Emirates	1.10	1.04	86.78	Asia	18
41	Suriname	1.11	1.05	87.40	South America	6
42	Botswana	1.13	1.08	89.70	Africa	13
43	Pakistan	1.14	1.08	89.90	Asia	19
44	El Salvador	1.14	1.08	90.05	North America	3
45	Burkina Faso	1.15	1.10	91.20	Africa	14
46	Bhutan	1.16	1.11	92.08	Asia	20
47	Mexico	1.17	1.11	92.69	North America	4
48	DR Congo	1.17	1.12	92.77	Africa	15
49	Ivory Coast	1.19	1.13	93.75	Africa	16
50	Indonesia	1.19	1.14	94.46	Asia	21
51	Grenada	1.22	1.16	96.56	North America	5
52	Japan	1.25	1.19	99.21	Asia	22
53	Cuba	1.26	1.20	99.65	North America	6
54	Dominica	1.26	1.20	99.97	North America	7
55	Sudan	1.27	1.21	100.28	Africa	17
56	Tanzania	1.28	1.22	101.54	Africa	18
57	Guyana	1.29	1.22	101.85	South America	7
58	Namibia	1.29	1.22	101.86	Africa	19
59	Liberia	1.29	1.23	102.11	Africa	20
60	Kenya	1.29	1.23	102.13	Africa	21
61	Burma	1.29	1.23	102.22	Asia	23
62	Mozambique	1.30	1.24	103.15	Africa	22
63	Mali	1.31	1.24	103.44	Africa	23
64	India	1.32	1.25	104.18	Asia	24
65	Georgia	1.33	1.26	104.84	Europe	4
66	Burundi	1.33	1.26	104.92	Africa	24
67	Chile	1.34	1.28	106.19	South America	8
68	Swaziland	1.35	1.28	106.89	Africa	25
69	Nicaragua	1.35	1.29	108.02	North America	8
70	Sierra Leone	1.37	1.30	108.10	Africa	26
71	USA	1.37	1.30	108.46	North America	9
72	Guinea	1.38	1.31	109.27	Africa	27
73	Puerto Rico	1.39	1.32	109.50	North America	10
74	Guatemala	1.39	1.32	109.55	North America	11
75	Fiji	1.40	1.33	110.89	Oceania	1
76	Brazil	1.40	1.33	110.95	South America	9
77	Malta	1.41	1.34	111.51	Europe	5
78	Lebanon	1.42	1.34	111.88	Asia	25
79	Nepal	1.42	1.35	112.39	Asia	26
80	Dominican Republic	1.42	1.35	112.52	North America	12
81	Rwanda	1.43	1.36	112.94	Africa	28
82	Mongolia	1.43	1.36	113.19	Asia	27
83	Senegal	1.44	1.36	113.52	Africa	29
84	Vietnam	1.44	1.37	113.90	Asia	28
85	China	1.45	1.38	114.68	Asia	29
86	Paraguay	1.46	1.38	115.09	South America	10
87	Zambia	1.46	1.39	115.38	Africa	30
88	Saint Lucia	1.46	1.39	115.60	North America	13
89	Australia	1.46	1.39	115.72	Oceania	2
90	South Africa	1.48	1.41	117.22	Africa	31
91	Ghana	1.49	1.42	118.02	Africa	32
92	Uganda	1.50	1.42	118.25	Africa	33
93	Lesotho	1.52	1.44	119.80	Africa	34
94	Thailand	1.52	1.44	119.99	Asia	30
95	Sri Lanka	1.53	1.45	120.82	Asia	31
96	Costa Rica	1.54	1.47	121.88	North America	14
97	Honduras	1.55	1.47	122.30	North America	15
98	Philippines	1.57	1.49	123.77	Asia	32
99	Cambodia	1.59	1.51	125.48	Asia	33
100	Panama	1.59	1.51	125.80	North America	16
101	Curacao	1.64	1.56	129.57	North America	17
102	Turkey	1.64	1.56	129.91	Europe	6
103	Mauritius	1.65	1.57	130.39	Africa	35
104	Cayman Islands	1.66	1.57	131.00	North America	18
105	Jordan	1.66	1.58	131.63	Asia	34
106	South Korea	1.67	1.59	132.20	Asia	35
107	Bahamas	1.71	1.63	135.38	North America	19
108	Ukraine	1.71	1.63	135.58	Europe	7
109	Canada	1.72	1.63	135.69	North America	20
110	Moldova	1.73	1.64	136.77	Europe	8
111	Jamaica	1.74	1.65	137.63	North America	21
112	Bosnia & Herz.	1.75	1.66	138.36	Europe	9
113	Wallis and Futuna	1.76	1.67	138.82	Oceania	3
114	Peru	1.76	1.67	138.91	South America	11
115	Belize	1.77	1.68	139.57	North America	22
116	Poland	1.77	1.69	140.24	Europe	10
117	Morocco	1.77	1.69	140.28	Africa	36
118	Serbia	1.77	1.69	140.32	Europe	11
119	Bulgaria	1.78	1.70	141.06	Europe	12
120	Aruba	1.79	1.70	141.33	North America	23
121	Montenegro	1.82	1.73	143.96	Europe	13
122	Cape Verde	1.83	1.74	144.67	Africa	37
123	Romania	1.84	1.75	145.39	Europe	14
124	Slovenia	1.85	1.76	146.04	Europe	15
125	Zimbabwe	1.87	1.78	147.86	Africa	38
126	Northern Macedonia	1.87	1.78	148.02	Europe	16
127	Laos	1.89	1.79	149.05	Asia	36
128	Mayotte	1.90	1.81	150.62	Africa	39
129	Seychelles	1.91	1.82	151.28	Africa	40
130	Cyprus	1.92	1.82	151.70	Europe	17
131	Liechtenstein	1.92	1.83	152.12	Europe	18
132	Andorra	1.93	1.83	152.53	Europe	19
133	Croatia	1.95	1.86	154.35	Europe	20
134	Malawi	1.96	1.86	155.13	Africa	41
135	Germany	1.97	1.87	155.78	Europe	21
136	Luxembourg	2.00	1.90	158.19	Europe	22
137	Slovakia	2.01	1.91	158.86	Europe	23
138	San Marino	2.02	1.92	160.02	Europe	24
139	Hungary	2.03	1.93	160.80	Europe	25
140	Czech Republic	2.04	1.94	161.11	Europe	26
141	Uruguay	2.06	1.96	163.09	South America	12
142	New Zealand	2.07	1.97	164.03	Oceania	4
143	Albania	2.09	1.99	165.33	Europe	27
144	Belgium	2.13	2.03	168.68	Europe	28
145	France	2.14	2.04	169.47	Europe	29
146	Lithuania	2.17	2.07	171.87	Europe	30
147	Latvia	2.18	2.07	172.59	Europe	31
148	Italy	2.18	2.08	172.74	Europe	32
149	Barbados	2.19	2.08	172.81	North America	24
150	Austria	2.20	2.09	173.84	Europe	33
151	Portugal	2.21	2.10	174.84	Europe	34
152	Spain	2.22	2.11	175.29	Europe	35
153	Estonia	2.28	2.17	180.49	Europe	36
154	Ireland	2.28	2.17	180.49	Europe	37
155	Sweden	2.28	2.17	180.61	Europe	38
156	Israel	2.31	2.19	182.61	Asia	37
157	Switzerland	2.32	2.20	183.41	Europe	39
158	United Kingdom	2.33	2.21	183.99	Europe	40
159	Singapore	2.34	2.23	185.18	Asia	38
160	Monaco	2.38	2.26	188.32	Europe	41
161	Central African Rep.	2.42	2.30	191.29	Africa	42
162	Netherlands	2.48	2.35	195.72	Europe	42
163	Greece	2.53	2.40	199.72	Europe	43
164	Denmark	2.56	2.43	202.06	Europe	44
165	Iceland	2.60	2.47	205.42	Europe	45
166	Finland	2.66	2.53	210.20	Europe	46
167	Norway	2.68	2.55	212.05	Europe	47
168	Hong Kong	3.03	2.88	239.26	Asia	39

Petrol prices and GDP per capita
Rank	Country	Gasoline/Petrol Prices ($)	Per capita Income ($)	per capita/petrol prices
Rank	Country	Gasoline/Petrol Prices ($)	Per capita Income ($)	Ratio	Rank
1	Venezuela	0.02	1,627	73,970	5
2	Libya	0.03	4,069	131,245	2
3	Iran	0.05	12,725	240,095	1
4	Syria	0.29	-	-	-
5	Algeria	0.32	3,638	11,550	52
6	Kuwait	0.34	27,927	81,658	4
7	Angola	0.37	2,201	5,884	85
8	Nigeria	0.42	2,273	5,450	88
9	Turkmenistan	0.43	8,844	20,663	37
10	Kazakhstan	0.45	10,145	22,444	32
11	Malaysia	0.47	11,125	23,873	27
12	Iraq	0.51	4,893	9,519	61
13	Egypt	0.52	3,852	7,421	76
14	Bahrain	0.53	26,294	49,611	8
15	Bolivia	0.54	3,267	6,005	83
16	Haiti	0.57	1,692	2,973	107
17	Colombia	0.57	5,892	10,265	57
18	Qatar	0.58	61,791	107,089	3
19	Azerbaijan	0.59	5,167	8,788	65
20	Oman	0.62	17,633	28,394	18
21	Saudi Arabia	0.62	23,762	38,265	13
22	Ecuador	0.65	5,884	9,095	63
23	Ethiopia	0.71	940	1,329	132
24	Belarus	0.73	7,032	9,660	60
25	Tunisia	0.76	3,556	4,691	93
26	Kyrgyzstan	0.83	1,225	1,476	130
27	Uzbekistan	0.93	1,901	2,036	121
28	Afghanistan	0.95	644	678	147
29	Bangladesh	0.95	2,139	2,244	118
30	Russia	0.96	11,273	11,719	51
31	Benin	0.97	1,447	1,495	129
32	Gabon	0.98	8,569	8,780	66
33	Trinidad & Tobago	1.00	15,353	15,430	44
34	Madagascar	1.01	499	496	152
35	Togo	1.01	1,000	993	136
36	Argentina	1.03	9,929	9,687	59
37	Cameroon	1.05	1,646	1,570	127
38	Taiwan	1.06	33,402	31,511	15
39	Maldives	1.08	11,899	11,038	54
40	United Arab Emirates	1.10	43,538	39,688	12
41	Suriname	1.11	4,620	4,181	95
42	Botswana	1.13	7,350	6,481	80
43	Pakistan	1.14	1,401	1,232	133
44	El Salvador	1.14	4,244	3,726	98
45	Burkina Faso	1.15	926	803	142
46	Bhutan	1.16	3,296	2,832	110
47	Mexico	1.17	9,967	8,505	68
48	DR Congo	1.17	594	506	151
49	Ivory Coast	1.19	-	-	-
50	Indonesia	1.19	4,225	3,539	103
51	Grenada	1.22	9,575	7,842	74
52	Japan	1.25	40,704	32,460	14
53	Cuba	1.26	-	-	-
54	Dominica	1.26	7,777	6,153	82
55	Sudan	1.27	789	623	148
56	Tanzania	1.28	1,159	903	138
57	Guyana	1.29	9,369	7,274	78
58	Namibia	1.29	4,693	3,644	100
59	Liberia	1.29	703	545	150
60	Kenya	1.29	2,199	1,703	123
61	Burma	1.29	1,246	965	137
62	Mozambique	1.30	492	378	154
63	Mali	1.31	966	739	145
64	India	1.32	2,116	1,607	126
65	Georgia	1.33	4,808	3,626	101
66	Burundi	1.33	261	197	157
67	Chile	1.34	16,799	12,509	49
68	Swaziland	1.35	3,965	2,944	108
69	Nicaragua	1.35	2,047	1,514	128
70	Sierra Leone	1.37	541	396	153
71	USA	1.37	69,375	50,750	7
72	Guinea	1.38	1,168	845	140
73	Puerto Rico	1.39	34,143	24,652	25
74	Guatemala	1.39	4,542	3,280	105
75	Fiji	1.40	5,127	3,657	99
76	Brazil	1.40	7,741	5,518	87
77	Malta	1.41	31,997	22,693	31
78	Lebanon	1.42	3,109	2,197	120
79	Nepal	1.42	1,173	825	141
80	Dominican Republic	1.42	8,492	5,967	84
81	Rwanda	1.43	802	562	149
82	Mongolia	1.43	4,186	2,925	109
83	Senegal	1.44	1,603	1,117	134
84	Vietnam	1.44	3,743	2,599	114
85	China	1.45	11,891	8,201	70
86	Paraguay	1.46	5,028	3,456	104
87	Zambia	1.46	1,115	764	144
88	Saint Lucia	1.46	-	-	-
89	Australia	1.46	62,619	42,801	10
90	South Africa	1.48	6,861	4,630	94
91	Ghana	1.49	2,413	1,617	125
92	Uganda	1.50	1,018	681	146
93	Lesotho	1.52	1,188	784	143
94	Thailand	1.52	7,809	5,147	90
95	Sri Lanka	1.53	3,666	2,399	117
96	Costa Rica	1.54	11,860	7,696	75
97	Honduras	1.55	2,602	1,683	124
98	Philippines	1.57	3,492	2,231	119
99	Cambodia	1.59	1,647	1,038	135
100	Panama	1.59	13,861	8,712	67
101	Curacao	1.64	-	-	-
102	Turkey	1.64	9,407	5,725	86
103	Mauritius	1.65	8,682	5,265	89
104	Cayman Islands	1.66	-	-	-
105	Jordan	1.66	4,394	2,640	113
106	South Korea	1.67	35,196	21,063	34
107	Bahamas	1.71	27,437	16,026	42
108	Ukraine	1.71	4,384	2,558	115
109	Canada	1.72	52,791	30,764	16
110	Moldova	1.73	4,792	2,771	112
111	Jamaica	1.74	5,422	3,116	106
112	Bosnia & Herz.	1.75	6,648	3,801	97
113	Wallis and Futuna	1.76	-	-	-
114	Peru	1.76	6,677	3,802	96
115	Belize	1.77	4,458	2,526	116
116	Poland	1.77	17,319	9,768	58
117	Morocco	1.77	3,471	1,956	122
118	Serbia	1.77	8,794	4,957	91
119	Bulgaria	1.78	11,332	6,356	81
120	Aruba	1.79	25,701	14,382	46
121	Montenegro	1.82	8,838	4,856	92
122	Cape Verde	1.83	-	-	-
123	Romania	1.84	14,864	8,087	72
124	Slovenia	1.85	28,939	15,668	43
125	Zimbabwe	1.87	1,665	891	139
126	Northern Macedonia	1.87	6,712	3,585	102
127	Laos	1.89	2,626	1,393	131
128	Mayotte	1.90	-	-	-
129	Seychelles	1.91	13,140	6,869	79
130	Cyprus	1.92	29,486	15,373	45
131	Liechtenstein	1.92	-	-	-
132	Andorra	1.93	40,417	20,952	36
133	Croatia	1.95	15,808	8,098	71
134	Malawi	1.96	566	289	155
135	Germany	1.97	50,788	25,781	22
136	Luxembourg	2.00	131,302	65,651	6
137	Slovakia	2.01	21,383	10,644	55
138	San Marino	2.02	50,934	25,178	24
139	Hungary	2.03	18,528	9,113	62
140	Czech Republic	2.04	25,806	12,669	48
141	Uruguay	2.06	16,965	8,227	69
142	New Zealand	2.07	48,349	23,312	30
143	Albania	2.09	5,837	2,793	111
144	Belgium	2.13	50,413	23,635	28
145	France	2.14	45,028	21,012	35
146	Lithuania	2.17	22,412	10,314	56
147	Latvia	2.18	19,539	8,955	64
148	Italy	2.18	35,585	16,293	41
149	Barbados	2.19	16,105	7,371	77
150	Austria	2.20	53,793	24,474	26
151	Portugal	2.21	24,457	11,062	53
152	Spain	2.22	30,537	13,780	47
153	Estonia	2.28	27,101	11,876	50
154	Ireland	2.28	102,394	44,870	9
155	Sweden	2.28	58,639	25,674	23
156	Israel	2.31	49,840	21,585	33
157	Switzerland	2.32	93,515	40,326	11
158	United Kingdom	2.33	46,200	19,863	39
159	Singapore	2.34	66,263	28,306	19
160	Monaco	2.38	-	-	-
161	Central African Rep.	2.42	526	217	156
162	Netherlands	2.48	57,715	23,319	29
163	Greece	2.53	19,827	7,852	73
164	Denmark	2.56	67,920	26,583	20
165	Iceland	2.60	68,844	26,509	21
166	Finland	2.66	53,523	20,136	38
167	Norway	2.68	82,244	30,677	17
168	Hong Kong	3.03	49,485	16,359	40