2/3/2021 Countries by Petrol Prices and GDP per capita - StatisticsTimes.

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Countries by Petrol Prices

Source www.globalpetrolprices.com
Date 17 Dec 2020

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 $48-$49 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 $0.30-$0.31 per Top Statistics
liter. Taxes and subsidies, cost of refining and transporting, commission, etc., are included in retail
price. Coronavirus Pandemic (COVID-19)

The average price of gasoline around the world is 1.03 U.S. Dollars per liter. As a general rule, richer United States vs China by population
countries have higher prices while poorer countries and the countries that produce and export oil have World GDP per capita
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. See Also:
» Countries by projected GDP per capita
Out of the 166 countries/regions listed, 89 have a price below 1 USD dollar. Fifty-one have between
» Countries by projected GDP
$1.00-$1.50, 23 have between $1.50-$2.00, and three have over $2. Prices are as per the date 14 Dec » Countries by projected GDP Growth
2020.
View More Economy Statistics
Venezuela has the cheapest price, just $0.02 per liter, followed by Iran ($0.06). Among the top ten
cheapest, six countries are located in Asia, three in Africa, and one in South America. Hong Kong has
the most expensive price of $2.30, followed by Central African Rep. and Syria.

Qatar and the USA are among the top 10 richest economies but has low gasoline price below $1. Even
developed countries Australia and Canada, have a price below $1. Prices are high in European nations
as only seven countries have less than one dollar. Azerbaijan has the lowest rate in Europe. 40 out of
47 European countries have a price above $1. This figure is 11 out of 38 in Asia, 16 out of 42 in Africa,
6 out of 23 in North America, 2 out of 12 in South America and 2 out of 4 in Oceania.

Choropleth Map Bubble Map Bubble Chart

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Countries by petrol prices (14 Dec 2020)

Petrol prices in USD, EURO and INR

Gasoline/Petrol Prices per liter Continent
Rank Country
USD ($) EURO (€) INR (₹) Name Rank

1 Venezuela 0.02 0.02 1.47 South America 1

2 Iran 0.06 0.05 4.24 Asia 1
3 Angola 0.24 0.20 17.93 Africa 1
4 Qatar 0.34 0.28 25.29 Asia 2
5 Kuwait 0.34 0.28 25.32 Asia 3
6 Algeria 0.35 0.29 25.76 Africa 2
7 Kazakhstan 0.41 0.33 29.93 Asia 4
8 Sudan 0.41 0.34 30.03 Africa 3
9 Saudi Arabia 0.41 0.34 30.44 Asia 5
10 Malaysia 0.43 0.35 31.35 Asia 6
11 Nigeria 0.43 0.35 31.49 Africa 4
12 Turkmenistan 0.43 0.35 31.60 Asia 7
13 Kyrgyzstan 0.46 0.37 33.54 Asia 8
14 Ecuador 0.46 0.38 34.21 South America 2
15 Azerbaijan 0.47 0.39 34.67 Europe 1
16 Afghanistan 0.48 0.40 35.43 Asia 9
United Arab
17 0.49 0.40 36.10 Asia 10
Emirates
18 Oman 0.50 0.41 37.12 Asia 11
19 Bahrain 0.53 0.44 39.07 Asia 12
20 Egypt 0.54 0.44 39.81 Africa 5
21 Bolivia 0.54 0.45 39.88 South America 3
22 Ethiopia 0.55 0.45 40.65 Africa 6
23 Burma 0.57 0.47 41.90 Asia 13
24 Dominica 0.60 0.49 44.11 North America 1
25 Colombia 0.61 0.50 44.82 South America 4
26 Pakistan 0.63 0.52 46.29 Asia 14
27 Iraq 0.63 0.52 46.39 Asia 15
28 Russia 0.64 0.52 46.86 Europe 2
29 Indonesia 0.64 0.53 47.41 Asia 16
30 Panama 0.65 0.53 47.55 North America 2
31 USA 0.66 0.55 48.83 North America 3
32 Bhutan 0.67 0.55 49.56 Asia 17
33 Puerto Rico 0.69 0.57 50.61 North America 4
34 Sierra Leone 0.69 0.57 51.01 Africa 7
35 Vietnam 0.70 0.58 51.64 Asia 18
36 Tunisia 0.71 0.58 52.16 Africa 8
37 El Salvador 0.71 0.58 52.16 North America 5
38 Botswana 0.71 0.58 52.33 Africa 9
39 Belarus 0.71 0.59 52.44 Europe 3
40 Lesotho 0.72 0.59 52.86 Africa 10
41 Guatemala 0.72 0.59 52.92 North America 6
42 Georgia 0.73 0.60 53.51 Europe 4
43 Guyana 0.74 0.61 54.69 South America 5
44 Haiti 0.75 0.62 55.08 North America 7
45 Suriname 0.76 0.62 55.69 South America 6
46 Uzbekistan 0.76 0.62 55.83 Asia 19
47 Namibia 0.76 0.63 56.15 Africa 11
48 Togo 0.79 0.65 58.04 Africa 12
49 Swaziland 0.80 0.66 58.77 Africa 13
50 Argentina 0.80 0.66 59.00 South America 7
51 Tanzania 0.80 0.66 59.25 Africa 14
52 Lebanon 0.81 0.67 59.98 Asia 20
53 Liberia 0.82 0.67 60.21 Africa 15
54 Ghana 0.82 0.67 60.29 Africa 16
55 Mozambique 0.84 0.69 61.80 Africa 17
56 Trinidad & Tobago 0.85 0.70 62.50 North America 8
57 Honduras 0.86 0.70 63.11 North America 9
58 Sri Lanka 0.86 0.71 63.41 Asia 21
59 Paraguay 0.86 0.71 63.60 South America 8

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Gasoline/Petrol Prices per liter Continent

Rank Country
USD ($) EURO (€) INR (₹) Name Rank

60 Taiwan 0.86 0.71 63.60 Asia 22

61 Nicaragua 0.87 0.71 63.98 North America 10
62 Cambodia 0.87 0.72 64.43 Asia 23
63 Brazil 0.88 0.72 64.48 South America 9
64 Seychelles 0.89 0.73 65.27 Africa 18
65 Ukraine 0.89 0.73 65.54 Europe 5
66 Peru 0.90 0.74 66.37 South America 10
67 Malawi 0.91 0.74 66.68 Africa 19
68 Guinea 0.91 0.75 66.77 Africa 20
69 Costa Rica 0.91 0.75 67.26 North America 12
70 Mexico 0.91 0.75 67.38 North America 11
71 Jamaica 0.92 0.76 67.62 North America 13
72 Nepal 0.92 0.76 67.66 Asia 24
73 Turkey 0.93 0.76 68.20 Europe 6
74 Australia 0.93 0.76 68.21 Oceania 1
75 Fiji 0.93 0.76 68.28 Oceania 2
76 Benin 0.94 0.77 68.96 Africa 22
77 South Africa 0.94 0.77 69.05 Africa 21
78 China 0.95 0.78 69.77 Asia 25
79 Canada 0.95 0.78 70.13 North America 14
80 Philippines 0.96 0.79 70.56 Asia 26
81 Chad 0.96 0.79 70.74 Africa 23
82 Dominican Republic 0.96 0.79 70.85 North America 15
83 Laos 0.97 0.80 71.28 Asia 27
84 Moldova 0.97 0.80 71.32 Europe 7
85 Zambia 0.97 0.80 71.48 Africa 24
86 Kenya 0.98 0.80 71.92 Africa 25
87 Aruba 0.98 0.81 72.32 North America 16
88 Rwanda 0.99 0.81 72.67 Africa 26
89 Saint Lucia 0.99 0.81 72.78 North America 17
90 Thailand 1.01 0.83 74.32 Asia 28
91 DR Congo 1.01 0.83 74.72 Africa 27
92 Madagascar 1.04 0.85 76.44 Africa 28
93 Bahamas 1.04 0.86 76.64 North America 18
94 Morocco 1.05 0.86 77.25 Africa 29
95 Bangladesh 1.05 0.86 77.37 Asia 29
96 Grenada 1.05 0.86 77.41 North America 19
97 Chile 1.07 0.88 78.48 South America 11
98 Uganda 1.08 0.89 79.52 Africa 30
99 Bulgaria 1.09 0.89 80.01 Europe 8
100 Cape Verde 1.09 0.90 80.18 Africa 31
101 Mauritius 1.11 0.91 81.53 Africa 32
102 Ivory Coast 1.11 0.92 81.94 Africa 33
103 Burkina Faso 1.12 0.92 82.62 Africa 34
104 Gabon 1.12 0.92 82.62 Africa 35
105 Cayman Islands 1.12 0.92 82.77 North America 20
106 Bosnia & Herz. 1.13 0.93 82.90 Europe 9
107 Romania 1.17 0.96 85.98 Europe 10
108 Cameroon 1.17 0.96 86.03 Africa 36
109 Zimbabwe 1.17 0.96 86.14 Africa 37
110 India 1.17 0.97 86.44 Asia 30
111 Yemen 1.18 0.97 86.96 Asia 31
112 Northern Macedonia 1.18 0.97 87.23 Europe 11
113 Cuba 1.20 0.99 88.40 North America 21
114 Belize 1.20 0.99 88.70 North America 22
115 Slovenia 1.21 1.00 89.08 Europe 12
116 Andorra 1.22 1.01 90.15 Europe 13
117 Poland 1.22 1.01 90.24 Europe 14
118 South Korea 1.23 1.01 90.76 Asia 32
119 Burundi 1.24 1.02 91.23 Africa 38
120 Jordan 1.24 1.02 91.44 Asia 33
121 Mali 1.24 1.02 91.63 Africa 39
122 Japan 1.25 1.03 92.38 Asia 34

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Gasoline/Petrol Prices per liter Continent

Rank Country
USD ($) EURO (€) INR (₹) Name Rank

123 Hungary 1.26 1.03 92.60 Europe 15

124 Czech Republic 1.29 1.06 94.87 Europe 16
125 Uruguay 1.29 1.06 95.33 South America 12
126 Lithuania 1.29 1.07 95.35 Europe 17
127 Cyprus 1.30 1.07 95.79 Europe 18
128 Luxembourg 1.30 1.07 95.88 Europe 19
129 Austria 1.30 1.07 96.06 Europe 20
130 Serbia 1.37 1.13 101.16 Europe 21
131 Montenegro 1.37 1.13 101.17 Europe 22
132 Latvia 1.38 1.14 101.97 Europe 23
133 Spain 1.43 1.18 105.33 Europe 24
134 Senegal 1.44 1.18 105.83 Africa 40
135 Slovakia 1.44 1.19 106.18 Europe 25
136 Croatia 1.46 1.21 107.91 Europe 26
137 Liechtenstein 1.47 1.21 108.14 Europe 27
138 Singapore 1.47 1.21 108.54 Asia 35
139 Germany 1.48 1.22 109.13 Europe 28
140 New Zealand 1.50 1.24 110.59 Oceania 3
141 Switzerland 1.50 1.24 110.85 Europe 29
142 Estonia 1.51 1.24 111.37 Europe 30
143 Ireland 1.54 1.26 113.08 Europe 31
144 United Kingdom 1.54 1.26 113.14 Europe 32
145 Wallis and Futuna 1.54 1.27 113.29 Oceania 4
146 Belgium 1.56 1.28 114.59 Europe 33
147 Barbados 1.62 1.33 119.03 North America 23
148 San Marino 1.63 1.34 119.88 Europe 34
149 Malta 1.63 1.34 119.97 Europe 35
150 France 1.65 1.36 121.31 Europe 36
151 Albania 1.66 1.37 122.42 Europe 37
152 Mayotte 1.66 1.37 122.65 Africa 41
153 Sweden 1.68 1.38 123.42 Europe 38
154 Finland 1.69 1.39 124.53 Europe 39
155 Portugal 1.70 1.40 125.25 Europe 40
156 Iceland 1.71 1.40 125.64 Europe 41
157 Italy 1.73 1.42 127.22 Europe 42
158 Israel 1.73 1.42 127.43 Asia 36
159 Norway 1.74 1.43 127.90 Europe 43
160 Denmark 1.74 1.43 128.30 Europe 44
161 Greece 1.75 1.44 128.65 Europe 45
162 Monaco 1.78 1.46 131.07 Europe 46
163 Netherlands 1.88 1.55 138.32 Europe 47
164 Syria 2.04 1.68 150.20 Asia 37
165 Central African Rep. 2.04 1.68 150.21 Africa 42
166 Hong Kong 2.30 1.89 169.54 Asia 38

Petrol prices and GDP per capita

per capita/petrol
Gasoline/Petrol Per capita prices
Rank Country
Prices ($) Income ($)
Ratio Rank

1 Venezuela 0.02 1,739 86,956 4

2 Iran 0.06 7,257 120,949 2
3 Angola 0.24 2,021 8,422 77
4 Qatar 0.34 52,751 155,150 1
5 Kuwait 0.34 22,252 65,448 6
6 Algeria 0.35 3,331 9,517 69
7 Kazakhstan 0.41 8,782 21,419 37
8 Sudan 0.41 735 1,792 127
9 Saudi Arabia 0.41 19,587 47,772 11
10 Malaysia 0.43 10,192 23,703 35
11 Nigeria 0.43 2,149 4,997 102
12 Turkmenistan 0.43 8,074 18,776 43

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per capita/petrol
Gasoline/Petrol Per capita prices
Rank Country
Prices ($) Income ($)
Ratio Rank

13 Kyrgyzstan 0.46 1,148 2,495 119

14 Ecuador 0.46 5,316 11,555 62
15 Azerbaijan 0.47 4,125 8,776 74
16 Afghanistan 0.48 499 1,041 136
United Arab
17 0.49 31,948 65,200 7
Emirates
18 Oman 0.50 14,423 28,847 25
19 Bahrain 0.53 22,878 43,165 14
20 Egypt 0.54 3,561 6,595 84
21 Bolivia 0.54 3,322 6,152 88
22 Ethiopia 0.55 974 1,771 128
23 Burma 0.57 1,333 2,338 120
24 Dominica 0.60 7,709 12,848 53
25 Colombia 0.61 5,207 8,536 76
26 Pakistan 0.63 1,260 2,000 124
27 Iraq 0.63 4,438 7,045 83
28 Russia 0.64 9,972 15,582 48
29 Indonesia 0.64 4,038 6,310 87
30 Panama 0.65 14,090 21,678 36
31 USA 0.66 63,051 95,532 3
32 Bhutan 0.67 3,431 5,121 98
33 Puerto Rico 0.69 30,113 43,642 13
34 Sierra Leone 0.69 518 751 145
35 Vietnam 0.70 3,498 4,996 103
36 Tunisia 0.71 3,295 4,641 105
37 El Salvador 0.71 3,821 5,382 96
38 Botswana 0.71 6,558 9,236 71
39 Belarus 0.71 6,134 8,639 75
40 Lesotho 0.72 924 1,284 132
41 Guatemala 0.72 4,240 5,888 90
42 Georgia 0.73 4,405 6,035 89
43 Guyana 0.74 8,649 11,687 61
44 Haiti 0.75 732 976 139
45 Suriname 0.76 4,199 5,525 94
46 Uzbekistan 0.76 1,763 2,320 121
47 Namibia 0.76 4,052 5,331 97
48 Togo 0.79 690 874 140
49 Swaziland 0.80 3,415 4,269 108
50 Argentina 0.80 8,433 10,541 65
51 Tanzania 0.80 1,106 1,382 130
52 Lebanon 0.81 2,745 3,389 111
53 Liberia 0.82 654 797 143
54 Ghana 0.82 2,188 2,668 117
55 Mozambique 0.84 455 542 150
Trinidad &
56 0.85 16,197 19,056 42
Tobago
57 Honduras 0.86 2,412 2,805 116
58 Sri Lanka 0.86 3,698 4,300 107
59 Paraguay 0.86 4,909 5,709 92
60 Taiwan 0.86 26,910 31,291 20
61 Nicaragua 0.87 1,832 2,106 123
62 Cambodia 0.87 1,572 1,807 125
63 Brazil 0.88 6,450 7,330 81
64 Seychelles 0.89 12,323 13,846 51
65 Ukraine 0.89 3,425 3,848 109
66 Peru 0.90 5,845 6,494 85
67 Malawi 0.91 399 439 153
68 Guinea 0.91 1,019 1,120 135
69 Costa Rica 0.91 11,629 12,779 54
70 Mexico 0.91 8,069 8,867 73
71 Jamaica 0.92 5,221 5,675 93
72 Nepal 0.92 1,116 1,213 134
73 Turkey 0.93 7,715 8,296 78
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per capita/petrol
Gasoline/Petrol Per capita prices
Rank Country
Prices ($) Income ($)
Ratio Rank

74 Australia 0.93 51,885 55,791 8

75 Fiji 0.93 4,371 4,700 104
76 Benin 0.94 1,259 1,339 131
77 South Africa 0.94 4,736 5,038 101
78 China 0.95 10,839 11,410 63
79 Canada 0.95 42,080 44,295 12
80 Philippines 0.96 3,373 3,513 110
81 Chad 0.96 640 667 148
Dominican
82 0.96 7,445 7,755 80
Republic
83 Laos 0.97 2,567 2,646 118
84 Moldova 0.97 4,268 4,400 106
85 Zambia 0.97 1,001 1,032 137
86 Kenya 0.98 2,075 2,118 122
87 Aruba 0.98 20,310 20,725 38
88 Rwanda 0.99 823 832 142
89 Saint Lucia 0.99 - - -
90 Thailand 1.01 7,295 7,223 82
91 DR Congo 1.01 457 452 152
92 Madagascar 1.04 515 495 151
93 Bahamas 1.04 30,027 28,872 24
94 Morocco 1.05 3,121 2,973 114
95 Bangladesh 1.05 1,888 1,798 126
96 Grenada 1.05 9,824 9,357 70
97 Chile 1.07 12,612 11,787 60
98 Uganda 1.08 915 848 141
99 Bulgaria 1.09 9,826 9,015 72
100 Cape Verde 1.09 - - -
101 Mauritius 1.11 8,951 8,064 79
102 Ivory Coast 1.11 - - -
103 Burkina Faso 1.12 769 686 147
104 Gabon 1.12 7,185 6,416 86
Cayman
105 1.12 - - -
Islands
Bosnia &
106 1.13 5,762 5,099 100
Herz.
107 Romania 1.17 12,813 10,951 64
108 Cameroon 1.17 1,493 1,276 133
109 Zimbabwe 1.17 922 788 144
110 India 1.17 1,877 1,604 129
111 Yemen 1.18 645 547 149
Northern
112 1.18 6,019 5,101 99
Macedonia
113 Cuba 1.20 - - -
114 Belize 1.20 3,734 3,112 113
115 Slovenia 1.21 25,039 20,693 39
116 Andorra 1.22 - - -
117 Poland 1.22 15,304 12,544 56
118 South Korea 1.23 30,644 24,914 32
119 Burundi 1.24 264 213 155
120 Jordan 1.24 4,174 3,366 112
121 Mali 1.24 899 725 146
122 Japan 1.25 39,048 31,238 21
123 Hungary 1.26 15,373 12,201 58
Czech
124 1.29 22,627 17,541 46
Republic
125 Uruguay 1.29 15,332 11,885 59
126 Lithuania 1.29 19,883 15,413 49
127 Cyprus 1.30 26,240 20,185 40
128 Luxembourg 1.30 109,602 84,309 5
129 Austria 1.30 48,634 37,411 17
130 Serbia 1.37 7,497 5,472 95
131 Montenegro 1.37 7,933 5,791 91

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per capita/petrol
Gasoline/Petrol Per capita prices
Rank Country
Prices ($) Income ($)
Ratio Rank

132 Latvia 1.38 17,230 12,486 57

133 Spain 1.43 26,832 18,763 44
134 Senegal 1.44 1,455 1,011 138
135 Slovakia 1.44 18,669 12,965 52
136 Croatia 1.46 14,033 9,612 68
137 Liechtenstein 1.47 - - -
138 Singapore 1.47 58,484 39,785 15
139 Germany 1.48 45,466 30,720 22
140 New Zealand 1.50 38,675 25,784 29
141 Switzerland 1.50 81,867 54,578 9
142 Estonia 1.51 22,986 15,222 50
143 Ireland 1.54 79,669 51,733 10
United
144 1.54 39,229 25,473 31
Kingdom
Wallis and
145 1.54 - - -
Futuna
146 Belgium 1.56 43,814 28,086 27
147 Barbados 1.62 16,082 9,927 67
148 San Marino 1.63 41,683 25,572 30
149 Malta 1.63 28,469 17,465 47
150 France 1.65 39,257 23,792 34
151 Albania 1.66 4,898 2,951 115
152 Mayotte 1.66 - - -
153 Sweden 1.68 50,339 29,964 23
154 Finland 1.69 48,461 28,675 26
155 Portugal 1.70 21,608 12,711 55
156 Iceland 1.71 57,189 33,444 19
157 Italy 1.73 30,657 17,721 45
158 Israel 1.73 41,560 24,023 33
159 Norway 1.74 67,989 39,074 16
160 Denmark 1.74 58,439 33,586 18
161 Greece 1.75 18,168 10,382 66
162 Monaco 1.78 - - -
163 Netherlands 1.88 51,290 27,282 28
164 Syria 2.04 - - -
Central
165 2.04 480 236 154
African Rep.
166 Hong Kong 2.30 45,176 19,642 41

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