Countries by Petrol Prices

Source	www.globalpetrolprices.com
Date	03 Jul 2020

Top Statistics

Continents by population

Gender ratio in the United States

Global Peace Index

The biggest single component of retail gasoline or petrol prices is the cost of the crude oil used to produce the gasoline. Recently, that price of WTI crude oil has been $39-$40 a barrel. In the worldwide oil industry, an oil barrel is defined as 42 US gallons, which is about 159 liters. This calculates price of crude oil $0.24-$0.25 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 0.97 U.S. Dollar 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 164 countries/regions listed, 93 have price below 1 USD dollar. 53 have between $1.00-$1.50, 16 have between $1.50-$2.00 and two have over $2. Prices are as per the date 29 Jun 2020.

Venezuela has the cheapest price just $0.02 per liter followed by Iran ($0.07). Among the top ten cheapest, five countries are located in Asia continent, four in Africa and one in South America. Zimbabwe has the most expensive price of $2.86 followed by Hong Kong.

Qatar and USA are among top 10 richest economies but has low gasoline price below $1. Even developed countries Australia and Canada has price below $1. Prices are high in European nations as only 8 countries have less than one dollar. Azerbaijan has the lowest rate in Europe. 35 out of 47 European countries has price above $1. This figure is 9 out of 37 in Asia, 14 out of 41 in Africa, 6 out of 23 in North America, 1 out of 12 in South America and 2 out of 4 in Oceania.

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	1.51	South America	1
2	Iran	0.07	0.07	5.52	Asia	1
3	Sudan	0.14	0.12	10.51	Africa	1
4	Angola	0.28	0.25	20.86	Africa	2
5	Saudi Arabia	0.29	0.26	21.73	Asia	2
6	Qatar	0.29	0.26	21.77	Asia	3
7	Nigeria	0.33	0.30	25.23	Africa	3
8	Kuwait	0.34	0.30	25.75	Asia	4
9	Algeria	0.36	0.32	26.90	Africa	4
10	Malaysia	0.39	0.35	29.80	Asia	5
11	Kazakhstan	0.43	0.38	32.20	Asia	6
12	Turkmenistan	0.43	0.38	32.28	Asia	7
13	Pakistan	0.44	0.39	33.42	Asia	8
14	Afghanistan	0.45	0.40	34.11	Asia	9
15	Ecuador	0.46	0.41	34.89	South America	2
16	Azerbaijan	0.47	0.42	35.52	Europe	1
17	Kyrgyzstan	0.49	0.43	36.65	Asia	10
18	United Arab Emirates	0.49	0.44	36.99	Asia	11
19	Burma	0.50	0.44	37.48	Asia	12
20	Oman	0.50	0.44	37.64	Asia	13
21	Egypt	0.53	0.47	39.75	Africa	5
22	Bahrain	0.53	0.47	39.98	Asia	14
23	Haiti	0.54	0.48	40.48	North America	1
24	Bolivia	0.54	0.48	40.65	South America	3
25	Colombia	0.56	0.50	42.13	South America	4
26	Lesotho	0.58	0.52	44.15	Africa	6
27	Panama	0.62	0.55	46.69	North America	2
28	Georgia	0.62	0.55	46.82	Europe	2
29	Iraq	0.63	0.56	47.24	Asia	15
30	Ethiopia	0.63	0.56	47.61	Africa	7
31	Puerto Rico	0.63	0.56	47.70	North America	3
32	Indonesia	0.64	0.57	48.15	Asia	16
33	Uzbekistan	0.64	0.57	48.59	Asia	17
34	Vietnam	0.65	0.58	49.15	Asia	18
35	Tanzania	0.66	0.58	49.49	Africa	8
36	Bhutan	0.66	0.58	49.56	Asia	19
37	Botswana	0.66	0.59	49.69	Africa	9
38	Russia	0.66	0.59	49.96	Europe	3
39	USA	0.66	0.59	50.12	North America	4
40	Tunisia	0.69	0.61	52.05	Africa	11
41	Guyana	0.69	0.62	52.20	South America	5
42	Swaziland	0.69	0.62	52.24	Africa	10
43	Namibia	0.70	0.62	52.46	Africa	12
44	El Salvador	0.71	0.63	53.57	North America	5
45	Sierra Leone	0.72	0.64	54.22	Africa	13
46	Togo	0.73	0.65	54.95	Africa	14
47	Belarus	0.74	0.66	55.69	Europe	4
48	Guatemala	0.74	0.66	56.03	North America	6
49	Brazil	0.74	0.66	56.18	South America	6
50	Liberia	0.75	0.66	56.24	Africa	15
51	South Africa	0.76	0.67	57.07	Africa	16
52	Fiji	0.77	0.68	57.82	Oceania	1
53	Lebanon	0.77	0.69	58.43	Asia	20
54	Nepal	0.79	0.70	59.75	Asia	21
55	Taiwan	0.80	0.71	60.24	Asia	22
56	Ghana	0.80	0.71	60.36	Africa	17
57	Argentina	0.81	0.72	61.23	South America	7
58	Cambodia	0.81	0.72	61.40	Asia	23
59	Mexico	0.81	0.72	61.41	North America	7
60	Ukraine	0.82	0.73	61.81	Europe	5
61	Australia	0.82	0.73	62.03	Oceania	2
62	Honduras	0.84	0.75	63.25	North America	8
63	Bahamas	0.85	0.75	63.88	North America	9
64	Trinidad & Tobago	0.85	0.75	63.93	North America	10
65	Nicaragua	0.85	0.75	63.95	North America	11
66	China	0.85	0.76	64.49	Asia	24
67	Kenya	0.86	0.76	64.70	Africa	18
68	Sri Lanka	0.86	0.77	65.00	Asia	25
69	Benin	0.87	0.77	65.30	Africa	19
70	Dominica	0.87	0.78	65.76	North America	12
71	Suriname	0.87	0.78	65.95	South America	8
72	Chad	0.89	0.79	66.98	Africa	20
73	Paraguay	0.89	0.79	67.02	South America	9
74	Laos	0.89	0.79	67.27	Asia	26
75	Canada	0.89	0.79	67.29	North America	13
76	Aruba	0.89	0.79	67.30	North America	14
77	Peru	0.90	0.80	68.20	South America	10
78	Moldova	0.91	0.81	68.37	Europe	6
79	Cape Verde	0.91	0.81	68.54	Africa	21
80	Turkey	0.91	0.81	68.55	Europe	7
81	Mozambique	0.92	0.81	69.10	Africa	22
82	Morocco	0.92	0.82	69.43	Africa	23
83	Dominican Republic	0.92	0.82	69.62	North America	15
84	Thailand	0.92	0.82	69.76	Asia	27
85	Guinea	0.93	0.83	70.12	Africa	24
86	Malawi	0.93	0.83	70.31	Africa	25
87	Saint Lucia	0.94	0.83	70.66	North America	16
88	Philippines	0.95	0.84	71.40	Asia	28
89	Bulgaria	0.96	0.85	72.51	Europe	8
90	Zambia	0.97	0.86	73.23	Africa	26
91	Jamaica	0.98	0.87	74.09	North America	17
92	Chile	0.98	0.88	74.24	South America	11
93	Ivory Coast	0.99	0.88	75.00	Africa	27
94	Costa Rica	1.00	0.89	75.21	North America	18
95	Rwanda	1.01	0.90	75.93	Africa	28
96	DR Congo	1.02	0.91	76.93	Africa	29
97	Grenada	1.02	0.91	76.97	North America	19
98	Bosnia & Herz.	1.03	0.91	77.41	Europe	9
99	Romania	1.03	0.92	77.67	Europe	10
100	Gabon	1.04	0.92	78.23	Africa	30
101	Bangladesh	1.04	0.93	78.86	Asia	29
102	Burkina Faso	1.05	0.93	78.87	Africa	32
103	Madagascar	1.05	0.94	79.60	Africa	31
104	Poland	1.06	0.94	79.82	Europe	11
105	Uganda	1.06	0.94	79.84	Africa	33
106	Belize	1.07	0.96	81.10	North America	20
107	Cameroon	1.08	0.96	81.46	Africa	34
108	Lithuania	1.09	0.97	82.28	Europe	12
109	Mauritius	1.10	0.98	82.76	Africa	35
110	Northern Macedonia	1.10	0.98	83.29	Europe	13
111	India	1.10	0.98	83.34	Asia	30
112	Slovenia	1.12	1.00	84.83	Europe	14
113	South Korea	1.12	1.00	84.84	Asia	31
114	Cayman Islands	1.12	1.00	84.87	North America	21
115	Andorra	1.13	1.01	85.51	Europe	15
116	Hungary	1.14	1.01	86.00	Europe	16
117	Czech Republic	1.14	1.02	86.24	Europe	17
118	Jordan	1.16	1.03	87.29	Asia	32
119	Austria	1.18	1.05	88.90	Europe	18
120	Japan	1.18	1.05	88.91	Asia	33
121	Yemen	1.18	1.05	88.95	Asia	34
122	Luxembourg	1.20	1.07	90.34	Europe	19
123	Cuba	1.20	1.07	90.57	North America	22
124	Cyprus	1.20	1.07	90.94	Europe	20
125	Serbia	1.22	1.08	91.98	Europe	21
126	Mali	1.22	1.09	92.45	Africa	36
127	Burundi	1.24	1.10	93.74	Africa	37
128	Montenegro	1.25	1.11	94.16	Europe	22
129	Latvia	1.26	1.12	95.09	Europe	23
130	Spain	1.29	1.15	97.17	Europe	24
131	Croatia	1.29	1.15	97.43	Europe	25
132	Slovakia	1.30	1.16	98.06	Europe	26
133	New Zealand	1.30	1.16	98.13	Oceania	3
134	Uruguay	1.31	1.16	98.58	South America	12
135	Senegal	1.33	1.18	100.21	Africa	38
136	Estonia	1.35	1.20	101.63	Europe	27
137	United Kingdom	1.36	1.21	102.47	Europe	28
138	San Marino	1.38	1.23	104.26	Europe	29
139	Barbados	1.38	1.23	104.27	North America	23
140	Ireland	1.38	1.23	104.34	Europe	30
141	Switzerland	1.39	1.24	104.87	Europe	31
142	Liechtenstein	1.39	1.24	104.96	Europe	32
143	Singapore	1.40	1.24	105.50	Asia	35
144	Belgium	1.45	1.29	109.68	Europe	33
145	Germany	1.46	1.30	110.19	Europe	34
146	Mayotte	1.49	1.33	112.82	Africa	39
147	Malta	1.51	1.34	113.67	Europe	37
148	France	1.51	1.34	113.84	Europe	36
149	Sweden	1.51	1.35	114.14	Europe	35
150	Finland	1.52	1.35	114.60	Europe	38
151	Albania	1.53	1.36	115.23	Europe	39
152	Monaco	1.53	1.36	115.54	Europe	40
153	Portugal	1.55	1.38	116.89	Europe	41
154	Israel	1.57	1.40	118.73	Asia	36
155	Iceland	1.58	1.41	119.39	Europe	42
156	Italy	1.59	1.41	119.68	Europe	43
157	Denmark	1.59	1.42	120.27	Europe	44
158	Greece	1.61	1.43	121.39	Europe	45
159	Wallis and Futuna	1.65	1.47	124.80	Oceania	4
160	Norway	1.67	1.49	126.29	Europe	46
161	Netherlands	1.75	1.56	132.33	Europe	47
162	Central African Rep.	1.88	1.68	142.23	Africa	40
163	Hong Kong	2.24	1.99	168.86	Asia	37
164	Zimbabwe	2.86	2.55	216.22	Africa	41

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	2,548	127,388	2
2	Iran	0.07	5,506	78,660	7
3	Sudan	0.14	714	5,102	105
4	Angola	0.28	3,038	10,850	73
5	Saudi Arabia	0.29	22,865	78,845	6
6	Qatar	0.29	69,688	240,302	1
7	Nigeria	0.33	2,222	6,733	93
8	Kuwait	0.34	29,267	86,079	5
9	Algeria	0.36	3,980	11,056	72
10	Malaysia	0.39	11,137	28,556	33
11	Kazakhstan	0.43	9,139	21,254	42
12	Turkmenistan	0.43	7,816	18,177	47
13	Pakistan	0.44	1,388	3,155	116
14	Afghanistan	0.45	513	1,140	136
15	Ecuador	0.46	6,249	13,586	57
16	Azerbaijan	0.47	4,689	9,977	75
17	Kyrgyzstan	0.49	1,293	2,639	121
18	United Arab Emirates	0.49	37,750	77,041	8
19	Burma	0.50	1,245	2,489	122
20	Oman	0.50	17,791	35,582	21
21	Egypt	0.53	3,047	5,748	99
22	Bahrain	0.53	25,273	47,685	14
23	Haiti	0.54	784	1,452	131
24	Bolivia	0.54	3,671	6,798	92
25	Colombia	0.56	6,508	11,622	69
26	Lesotho	0.58	1,339	2,308	124
27	Panama	0.62	16,245	26,202	37
28	Georgia	0.62	4,289	6,918	91
29	Iraq	0.63	5,738	9,109	80
30	Ethiopia	0.63	953	1,513	130
31	Puerto Rico	0.63	31,538	50,061	13
32	Indonesia	0.64	4,164	6,506	94
33	Uzbekistan	0.64	1,832	2,862	119
34	Vietnam	0.65	2,740	4,215	110
35	Tanzania	0.66	1,105	1,674	129
36	Bhutan	0.66	3,423	5,186	104
37	Botswana	0.66	7,859	11,908	66
38	Russia	0.66	11,163	16,913	50
39	USA	0.66	65,112	98,654	3
40	Tunisia	0.69	3,287	4,764	106
41	Guyana	0.69	5,252	7,612	88
42	Swaziland	0.69	4,177	6,053	98
43	Namibia	0.70	5,842	8,346	83
44	El Salvador	0.71	4,008	5,645	100
45	Sierra Leone	0.72	547	759	144
46	Togo	0.73	671	920	141
47	Belarus	0.74	6,604	8,924	81
48	Guatemala	0.74	4,617	6,239	96
49	Brazil	0.74	8,797	11,888	67
50	Liberia	0.75	704	938	140
51	South Africa	0.76	6,100	8,027	85
52	Fiji	0.77	6,380	8,285	84
53	Lebanon	0.77	9,655	12,539	60
54	Nepal	0.79	1,048	1,326	135
55	Taiwan	0.80	24,828	31,035	29
56	Ghana	0.80	2,223	2,779	120
57	Argentina	0.81	9,888	12,207	63
58	Cambodia	0.81	1,621	2,001	126
59	Mexico	0.81	10,118	12,492	61
60	Ukraine	0.82	3,592	4,381	109
61	Australia	0.82	53,825	65,640	9
62	Honduras	0.84	2,548	3,034	117
63	Bahamas	0.85	33,261	39,131	19
64	Trinidad & Tobago	0.85	16,366	19,254	46
65	Nicaragua	0.85	1,919	2,258	125
66	China	0.85	10,099	11,881	68
67	Kenya	0.86	1,998	2,323	123
68	Sri Lanka	0.86	3,947	4,589	108
69	Benin	0.87	1,217	1,398	133
70	Dominica	0.87	8,381	9,633	78
71	Suriname	0.87	6,311	7,254	89
72	Chad	0.89	861	968	139
73	Paraguay	0.89	5,692	6,396	95
74	Laos	0.89	2,670	3,000	118
75	Canada	0.89	46,213	51,925	12
76	Aruba	0.89	25,976	29,187	32
77	Peru	0.90	7,047	7,830	86
78	Moldova	0.91	3,300	3,626	113
79	Cape Verde	0.91	-	-	-
80	Turkey	0.91	8,958	9,844	77
81	Mozambique	0.92	484	527	148
82	Morocco	0.92	3,345	3,636	112
83	Dominican Republic	0.92	8,629	9,380	79
84	Thailand	0.92	7,792	8,470	82
85	Guinea	0.93	981	1,055	138
86	Malawi	0.93	371	399	151
87	Saint Lucia	0.94	-	-	-
88	Philippines	0.95	3,294	3,468	115
89	Bulgaria	0.96	9,518	9,915	76
90	Zambia	0.97	1,307	1,347	134
91	Jamaica	0.98	5,461	5,572	102
92	Chile	0.98	15,399	15,714	51
93	Ivory Coast	0.99	-	-	-
94	Costa Rica	1.00	12,015	12,015	65
95	Rwanda	1.01	825	817	142
96	DR Congo	1.02	501	491	149
97	Grenada	1.02	11,381	11,158	71
98	Bosnia & Herz.	1.03	5,742	5,575	101
99	Romania	1.03	12,483	12,119	64
100	Gabon	1.04	8,112	7,800	87
101	Bangladesh	1.04	1,906	1,832	128
102	Burkina Faso	1.05	718	684	147
103	Madagascar	1.05	464	442	150
104	Poland	1.06	14,902	14,058	56
105	Uganda	1.06	770	726	146
106	Belize	1.07	4,925	4,603	107
107	Cameroon	1.08	1,515	1,402	132
108	Lithuania	1.09	19,267	17,676	48
109	Mauritius	1.10	11,361	10,328	74
110	Northern Macedonia	1.10	6,096	5,542	103
111	India	1.10	2,172	1,974	127
112	Slovenia	1.12	26,170	23,366	38
113	South Korea	1.12	31,431	28,063	34
114	Cayman Islands	1.12	-	-	-
115	Andorra	1.13	-	-	-
116	Hungary	1.14	17,463	15,319	52
117	Czech Republic	1.14	23,214	20,363	44
118	Jordan	1.16	4,387	3,782	111
119	Austria	1.18	50,023	42,392	18
120	Japan	1.18	40,847	34,616	22
121	Yemen	1.18	943	799	143
122	Luxembourg	1.20	113,196	94,330	4
123	Cuba	1.20	-	-	-
124	Cyprus	1.20	27,720	23,100	40
125	Serbia	1.22	7,398	6,064	97
126	Mali	1.22	924	758	145
127	Burundi	1.24	310	250	153
128	Montenegro	1.25	8,704	6,963	90
129	Latvia	1.26	18,172	14,422	55
130	Spain	1.29	29,961	23,226	39
131	Croatia	1.29	14,950	11,589	70
132	Slovakia	1.30	19,548	15,037	53
133	New Zealand	1.30	40,634	31,257	27
134	Uruguay	1.31	17,029	12,999	59
135	Senegal	1.33	1,428	1,074	137
136	Estonia	1.35	23,524	17,425	49
137	United Kingdom	1.36	41,030	30,169	30
138	San Marino	1.38	47,280	34,261	23
139	Barbados	1.38	18,069	13,094	58
140	Ireland	1.38	77,771	56,356	11
141	Switzerland	1.39	83,717	60,228	10
142	Liechtenstein	1.39	-	-	-
143	Singapore	1.40	63,987	45,705	16
144	Belgium	1.45	45,176	31,156	28
145	Germany	1.46	46,564	31,893	26
146	Mayotte	1.49	-	-	-
147	Malta	1.51	30,650	20,298	45
148	France	1.51	41,761	27,656	35
149	Sweden	1.51	51,242	33,935	24
150	Finland	1.52	48,869	32,150	25
151	Albania	1.53	5,373	3,512	114
152	Monaco	1.53	-	-	-
153	Portugal	1.55	23,031	14,859	54
154	Israel	1.57	42,823	27,276	36
155	Iceland	1.58	67,037	42,429	17
156	Italy	1.59	32,947	20,721	43
157	Denmark	1.59	59,795	37,607	20
158	Greece	1.61	19,974	12,406	62
159	Wallis and Futuna	1.65	-	-	-
160	Norway	1.67	77,975	46,692	15
161	Netherlands	1.75	52,368	29,924	31
162	Central African Rep.	1.88	448	238	154
163	Hong Kong	2.24	49,334	22,024	41
164	Zimbabwe	2.86	860	301	152