Countries by Petrol Prices

Source	www.globalpetrolprices.com
Date	24 Jun 2021

Top Statistics

List of continents by gdp

Comparing United States and EU by Economy

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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 $72-$73 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 $0.45-$0.46 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 1.17 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 167 countries/regions listed, 57 have a price below 1 USD dollar. Seventy-one have between $1.00-$1.50, 35 have between $1.50-$2.00, and four have over $2. Prices are as per the date 21 Jun 2021.

Venezuela has the cheapest price, just $0.02 per liter, followed by Iran ($0.06). 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 $2.50, followed by Central African Rep., Netherlands and Norway.

Qatar and the USA are among the top 10 richest economies but has low gasoline price below $1. Even developed country Australia have a price close to $1. Prices are high in European nations as only five countries have less than one dollar. Azerbaijan has the lowest rate in Europe. 42 out of 47 European countries have a price above $1. This figure is 18 out of 38 in Asia, 23 out of 42 in Africa, 17 out of 23 in North America, 6 out of 12 in South America and 0 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	1.48	South America	1
2	Iran	0.07	0.06	4.82	Asia	1
3	Angola	0.25	0.21	18.48	Africa	1
4	Algeria	0.34	0.29	25.45	Africa	2
5	Kuwait	0.35	0.29	25.85	Asia	2
6	Nigeria	0.41	0.34	30.29	Africa	3
7	Turkmenistan	0.43	0.36	31.74	Asia	3
8	Kazakhstan	0.44	0.37	32.93	Asia	4
9	Ethiopia	0.49	0.41	36.53	Africa	4
10	Malaysia	0.49	0.42	36.63	Asia	5
11	Iraq	0.52	0.43	38.16	Asia	6
12	Qatar	0.52	0.44	38.69	Asia	7
13	Bahrain	0.53	0.45	39.32	Asia	8
14	Bolivia	0.54	0.46	40.28	South America	2
15	Ecuador	0.55	0.46	40.93	South America	3
16	Suriname	0.56	0.47	41.30	South America	4
17	Egypt	0.56	0.47	41.42	Africa	5
18	Haiti	0.58	0.49	42.96	North America	1
19	Azerbaijan	0.59	0.49	43.61	Europe	1
20	Oman	0.59	0.50	43.71	Asia	9
21	Colombia	0.60	0.50	44.34	South America	5
22	United Arab Emirates	0.62	0.52	45.82	Asia	10
23	Saudi Arabia	0.62	0.52	46.06	Asia	11
24	Kyrgyzstan	0.63	0.53	46.93	Asia	12
25	Afghanistan	0.66	0.56	49.04	Asia	13
26	Russia	0.68	0.57	50.03	Europe	2
27	Burma	0.68	0.57	50.11	Asia	14
28	Pakistan	0.70	0.59	52.12	Asia	15
29	Uzbekistan	0.71	0.59	52.43	Asia	16
30	Indonesia	0.74	0.62	54.67	Asia	17
31	Tunisia	0.74	0.62	55.09	Africa	6
32	Liberia	0.77	0.65	57.10	Africa	7
33	Belarus	0.78	0.65	57.73	Europe	3
34	Zambia	0.78	0.66	57.90	Africa	8
35	Sierra Leone	0.83	0.70	61.42	Africa	9
36	Trinidad & Tobago	0.85	0.71	62.82	North America	2
37	Puerto Rico	0.87	0.73	64.28	North America	3
38	Vietnam	0.89	0.75	65.82	Asia	18
39	Turkey	0.89	0.75	65.84	Europe	4
40	Botswana	0.89	0.75	65.90	Africa	10
41	Panama	0.90	0.76	66.90	North America	4
42	USA	0.90	0.76	66.94	North America	5
43	Togo	0.92	0.77	67.97	Africa	11
44	Benin	0.92	0.77	67.97	Africa	12
45	Guinea	0.92	0.77	68.07	Africa	13
46	Dominica	0.92	0.77	68.09	North America	6
47	Bhutan	0.92	0.78	68.44	Asia	19
48	Swaziland	0.92	0.78	68.49	Africa	14
49	Namibia	0.92	0.78	68.51	Africa	15
50	Guyana	0.93	0.78	68.57	South America	6
51	Sri Lanka	0.93	0.78	68.64	Asia	20
52	Chad	0.94	0.79	69.72	Africa	16
53	Georgia	0.95	0.80	70.54	Europe	5
54	Lesotho	0.96	0.81	71.37	Africa	17
55	Guatemala	0.96	0.81	71.49	North America	7
56	Tanzania	0.97	0.82	72.00	Africa	18
57	Mozambique	0.99	0.83	73.35	Africa	19
58	El Salvador	1.00	0.84	74.36	North America	8
59	DR Congo	1.00	0.84	74.46	Africa	20
60	Paraguay	1.01	0.85	74.90	South America	7
61	Argentina	1.01	0.85	75.02	South America	8
62	Peru	1.02	0.86	75.47	South America	9
63	Sudan	1.04	0.87	76.78	Africa	21
64	Bahamas	1.04	0.87	77.19	North America	9
65	Taiwan	1.04	0.88	77.26	Asia	21
66	Cambodia	1.04	0.88	77.29	Asia	22
67	Australia	1.05	0.88	77.83	Oceania	1
68	Bangladesh	1.05	0.88	77.92	Asia	23
69	Nepal	1.06	0.89	78.23	Asia	24
70	Mexico	1.07	0.90	79.46	North America	10
71	Ukraine	1.08	0.90	79.80	Europe	6
72	Rwanda	1.08	0.91	80.32	Africa	22
73	Madagascar	1.08	0.91	80.32	Africa	23
74	Ghana	1.09	0.91	80.68	Africa	24
75	Gabon	1.10	0.92	81.43	Africa	25
76	Honduras	1.10	0.93	81.75	North America	11
77	Burkina Faso	1.12	0.94	82.77	Africa	26
78	Ivory Coast	1.12	0.94	82.77	Africa	27
79	Malawi	1.12	0.94	82.78	Africa	28
80	Philippines	1.13	0.95	83.55	Asia	25
81	Nicaragua	1.13	0.95	83.65	North America	12
82	Saint Lucia	1.13	0.95	83.94	North America	13
83	Thailand	1.13	0.95	83.99	Asia	26
84	Brazil	1.13	0.95	84.01	South America	10
85	Moldova	1.14	0.96	84.38	Europe	7
86	Fiji	1.14	0.96	84.68	Oceania	2
87	Cameroon	1.14	0.96	84.79	Africa	29
88	China	1.15	0.96	85.11	Asia	27
89	Morocco	1.16	0.97	85.83	Africa	30
90	Dominican Republic	1.17	0.98	86.74	North America	14
91	South Africa	1.18	0.99	87.21	Africa	31
92	Mauritius	1.18	0.99	87.46	Africa	32
93	Costa Rica	1.19	1.00	88.00	North America	15
94	Uganda	1.20	1.00	88.62	Africa	33
95	Kenya	1.20	1.01	88.91	Africa	34
96	Cuba	1.20	1.01	88.96	North America	16
97	Laos	1.20	1.01	89.02	Asia	28
98	Burundi	1.22	1.02	90.04	Africa	35
99	Mali	1.22	1.02	90.31	Africa	36
100	Canada	1.23	1.04	91.46	North America	17
101	Jamaica	1.23	1.04	91.47	North America	18
102	Aruba	1.25	1.05	93.00	North America	19
103	Bulgaria	1.26	1.05	93.06	Europe	8
104	Curacao	1.26	1.06	93.08	North America	20
105	Chile	1.26	1.06	93.37	South America	11
106	Grenada	1.30	1.09	96.18	North America	21
107	Bosnia & Herz.	1.30	1.09	96.37	Europe	9
108	Cayman Islands	1.31	1.10	96.75	North America	22
109	Cape Verde	1.33	1.11	98.24	Africa	37
110	India	1.34	1.13	99.29	Asia	29
111	Northern Macedonia	1.34	1.13	99.59	Europe	10
112	Zimbabwe	1.35	1.13	100.13	Africa	38
113	Romania	1.35	1.14	100.31	Europe	11
114	Japan	1.37	1.15	101.83	Asia	30
115	Poland	1.39	1.17	103.09	Europe	12
116	South Korea	1.40	1.18	104.00	Asia	31
117	Senegal	1.41	1.18	104.31	Africa	39
118	Albania	1.41	1.18	104.40	Europe	13
119	Andorra	1.42	1.19	105.04	Europe	14
120	Seychelles	1.42	1.19	105.43	Africa	40
121	Jordan	1.43	1.20	105.61	Asia	32
122	Lebanon	1.44	1.21	106.80	Asia	33
123	Slovenia	1.44	1.21	107.07	Europe	15
124	Syria	1.46	1.22	107.97	Asia	34
125	Hungary	1.46	1.23	108.29	Europe	16
126	Lithuania	1.46	1.23	108.48	Europe	17
127	Cyprus	1.49	1.25	110.16	Europe	18
128	Uruguay	1.49	1.26	110.76	South America	12
129	Austria	1.51	1.27	111.84	Europe	19
130	Czech Republic	1.52	1.27	112.33	Europe	20
131	Yemen	1.52	1.28	112.69	Asia	35
132	Belize	1.53	1.29	113.56	North America	23
133	Luxembourg	1.57	1.32	116.34	Europe	21
134	Serbia	1.57	1.32	116.72	Europe	22
135	Latvia	1.58	1.33	117.31	Europe	23
136	Montenegro	1.58	1.33	117.40	Europe	24
137	Wallis and Futuna	1.59	1.33	117.68	Oceania	3
138	Malta	1.60	1.34	118.28	Europe	25
139	New Zealand	1.63	1.37	120.50	Oceania	4
140	Spain	1.63	1.37	120.84	Europe	26
141	Slovakia	1.63	1.37	120.93	Europe	27
142	Croatia	1.63	1.37	120.95	Europe	28
143	Switzerland	1.70	1.43	125.78	Europe	29
144	Estonia	1.70	1.43	125.87	Europe	30
145	Liechtenstein	1.73	1.45	127.90	Europe	31
146	Belgium	1.74	1.46	129.05	Europe	32
147	Singapore	1.76	1.48	130.66	Asia	36
148	Ireland	1.77	1.48	130.82	Europe	33
149	Germany	1.78	1.49	131.61	Europe	34
150	San Marino	1.80	1.51	133.38	Europe	35
151	Mayotte	1.82	1.53	135.05	Africa	41
152	United Kingdom	1.82	1.53	135.22	Europe	36
153	France	1.83	1.54	135.85	Europe	37
154	Sweden	1.91	1.60	141.46	Europe	38
155	Italy	1.92	1.61	142.06	Europe	39
156	Barbados	1.92	1.62	142.62	North America	24
157	Israel	1.94	1.63	143.79	Asia	37
158	Greece	1.94	1.63	143.79	Europe	40
159	Portugal	1.94	1.63	143.97	Europe	41
160	Finland	1.94	1.63	143.97	Europe	42
161	Iceland	1.95	1.64	144.39	Europe	43
162	Monaco	1.95	1.64	144.59	Europe	44
163	Denmark	1.96	1.65	145.56	Europe	45
164	Norway	2.05	1.72	152.13	Europe	46
165	Netherlands	2.13	1.79	157.74	Europe	47
166	Central African Rep.	2.18	1.83	161.50	Africa	42
167	Hong Kong	2.50	2.10	185.60	Asia	38

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	1,542	77,085	5
2	Iran	0.07	8,034	133,902	2
3	Angola	0.25	2,080	8,668	79
4	Algeria	0.34	3,364	9,611	74
5	Kuwait	0.35	25,290	74,382	6
6	Nigeria	0.41	2,432	5,655	99
7	Turkmenistan	0.43	9,032	21,005	43
8	Kazakhstan	0.44	9,828	23,970	36
9	Ethiopia	0.49	952	1,730	130
10	Malaysia	0.49	11,604	26,985	35
11	Iraq	0.52	4,632	7,353	85
12	Qatar	0.52	59,143	173,951	1
13	Bahrain	0.53	24,294	45,838	15
14	Bolivia	0.54	3,624	6,711	87
15	Ecuador	0.55	5,665	12,316	61
16	Suriname	0.56	4,030	5,303	102
17	Egypt	0.56	3,832	7,096	86
18	Haiti	0.58	1,943	2,591	119
19	Azerbaijan	0.59	4,883	10,389	69
20	Oman	0.59	16,212	32,424	24
21	Colombia	0.60	5,753	9,431	75
22	United Arab Emirates	0.62	35,171	71,778	7
23	Saudi Arabia	0.62	22,700	55,366	11
24	Kyrgyzstan	0.63	1,123	2,440	121
25	Afghanistan	0.66	592	1,233	139
26	Russia	0.68	11,654	18,210	48
27	Burma	0.68	1,423	2,496	120
28	Pakistan	0.70	1,302	2,067	125
29	Uzbekistan	0.71	1,775	2,335	122
30	Indonesia	0.74	4,256	6,651	88
31	Tunisia	0.74	3,683	5,187	103
32	Liberia	0.77	700	854	143
33	Belarus	0.78	6,487	9,137	76
34	Zambia	0.78	974	1,004	141
35	Sierra Leone	0.83	542	785	146
36	Trinidad & Tobago	0.85	15,752	18,532	47
37	Puerto Rico	0.87	32,233	46,714	14
38	Vietnam	0.89	3,609	5,156	104
39	Turkey	0.89	9,327	10,029	72
40	Botswana	0.89	7,817	11,010	67
41	Panama	0.90	13,690	21,061	42
42	USA	0.90	68,309	103,498	3
43	Togo	0.92	1,016	1,286	137
44	Benin	0.92	1,388	1,476	132
45	Guinea	0.92	1,141	1,254	138
46	Dominica	0.92	6,989	11,649	63
47	Bhutan	0.92	3,296	4,920	105
48	Swaziland	0.92	3,710	4,638	107
49	Namibia	0.92	4,371	5,752	97
50	Guyana	0.93	9,192	12,422	60
51	Sri Lanka	0.93	3,830	4,453	109
52	Chad	0.94	741	772	148
53	Georgia	0.95	4,361	5,974	93
54	Lesotho	0.96	1,178	1,636	131
55	Guatemala	0.96	4,439	6,166	91
56	Tanzania	0.97	1,104	1,380	135
57	Mozambique	0.99	425	506	151
58	El Salvador	1.00	4,031	5,678	98
59	DR Congo	1.00	588	582	150
60	Paraguay	1.01	5,146	5,983	92
61	Argentina	1.01	9,122	11,402	64
62	Peru	1.02	6,678	7,420	84
63	Sudan	1.04	787	1,921	128
64	Bahamas	1.04	30,070	28,913	31
65	Taiwan	1.04	32,123	37,352	20
66	Cambodia	1.04	1,720	1,977	127
67	Australia	1.05	62,724	67,445	8
68	Bangladesh	1.05	2,122	2,021	126
69	Nepal	1.06	1,236	1,343	136
70	Mexico	1.07	9,246	10,160	71
71	Ukraine	1.08	3,984	4,476	108
72	Rwanda	1.08	821	829	144
73	Madagascar	1.08	521	501	152
74	Ghana	1.09	2,374	2,895	117
75	Gabon	1.10	8,601	7,680	82
76	Honduras	1.10	2,586	3,007	116
77	Burkina Faso	1.12	876	782	147
78	Ivory Coast	1.12	-	-	-
79	Malawi	1.12	432	474	153
80	Philippines	1.13	3,646	3,798	110
81	Nicaragua	1.13	1,877	2,157	124
82	Saint Lucia	1.13	-	-	-
83	Thailand	1.13	7,702	7,625	83
84	Brazil	1.13	7,011	7,967	81
85	Moldova	1.14	4,638	4,781	106
86	Fiji	1.14	5,069	5,451	101
87	Cameroon	1.14	1,649	1,409	134
88	China	1.15	11,819	12,441	59
89	Morocco	1.16	3,415	3,252	115
90	Dominican Republic	1.17	7,951	8,283	80
91	South Africa	1.18	5,444	5,791	95
92	Mauritius	1.18	9,639	8,684	78
93	Costa Rica	1.19	11,806	12,973	57
94	Uganda	1.20	972	900	142
95	Kenya	1.20	2,129	2,173	123
96	Cuba	1.20	-	-	-
97	Laos	1.20	2,773	2,859	118
98	Burundi	1.22	265	214	155
99	Mali	1.22	983	793	145
100	Canada	1.23	49,222	51,812	12
101	Jamaica	1.23	5,328	5,791	96
102	Aruba	1.25	22,852	23,318	37
103	Bulgaria	1.26	11,321	10,387	70
104	Curacao	1.26	-	-	-
105	Chile	1.26	15,617	14,595	53
106	Grenada	1.30	9,171	8,735	77
107	Bosnia & Herz.	1.30	6,728	5,954	94
108	Cayman Islands	1.31	-	-	-
109	Cape Verde	1.33	-	-	-
110	India	1.34	2,191	1,873	129
111	Northern Macedonia	1.34	6,657	5,641	100
112	Zimbabwe	1.35	1,684	1,439	133
113	Romania	1.35	14,968	12,793	58
114	Japan	1.37	42,928	34,342	23
115	Poland	1.39	16,930	13,877	56
116	South Korea	1.40	34,866	28,346	32
117	Senegal	1.41	1,622	1,126	140
118	Albania	1.41	5,991	3,609	112
119	Andorra	1.42	-	-	-
120	Seychelles	1.42	9,666	10,860	68
121	Jordan	1.43	4,358	3,515	113
122	Lebanon	1.44	2,951	3,643	111
123	Slovenia	1.44	28,104	23,226	38
124	Syria	1.46	-	-	-
125	Hungary	1.46	18,075	14,346	55
126	Lithuania	1.46	22,245	17,244	50
127	Cyprus	1.49	29,551	22,732	39
128	Uruguay	1.49	15,653	12,134	62
129	Austria	1.51	53,859	41,430	17
130	Czech Republic	1.52	25,732	19,947	45
131	Yemen	1.52	754	639	149
132	Belize	1.53	3,970	3,308	114
133	Luxembourg	1.57	131,782	101,371	4
134	Serbia	1.57	8,748	6,386	90
135	Latvia	1.58	19,824	14,365	54
136	Montenegro	1.58	9,064	6,616	89
137	Wallis and Futuna	1.59	-	-	-
138	Malta	1.60	31,576	19,372	46
139	New Zealand	1.63	47,499	31,666	27
140	Spain	1.63	30,996	21,675	40
141	Slovakia	1.63	21,529	14,951	51
142	Croatia	1.63	16,247	11,128	66
143	Switzerland	1.70	94,696	63,131	9
144	Estonia	1.70	26,470	17,530	49
145	Liechtenstein	1.73	-	-	-
146	Belgium	1.74	50,103	32,117	26
147	Singapore	1.76	64,103	43,608	16
148	Ireland	1.77	94,556	61,400	10
149	Germany	1.78	51,860	35,041	22
150	San Marino	1.80	49,765	30,531	29
151	Mayotte	1.82	-	-	-
152	United Kingdom	1.82	46,344	30,093	30
153	France	1.83	44,995	27,270	34
154	Sweden	1.91	58,977	35,105	21
155	Italy	1.92	34,997	20,229	44
156	Barbados	1.92	16,036	9,898	73
157	Israel	1.94	47,602	27,516	33
158	Greece	1.94	19,673	11,241	65
159	Portugal	1.94	25,065	14,744	52
160	Finland	1.94	54,330	32,148	25
161	Iceland	1.95	65,273	38,172	19
162	Monaco	1.95	-	-	-
163	Denmark	1.96	67,218	38,631	18
164	Norway	2.05	81,995	47,124	13
165	Netherlands	2.13	58,003	30,853	28
166	Central African Rep.	2.18	552	271	154
167	Hong Kong	2.50	49,036	21,320	41