THE WORLD'S MOST EXPENSIVE AND CHEAPEST GASOLINE

In 2024, the average cost per liter of gasoline in the world is $1.35. This figure varies considerably from country to country. The range varies from $0.029 in Iran, to $6.552 in Cuba.

Usually in richer countries, fuel prices are higher than in poorer countries or those that produce and export oil. But there are exceptions. In addition, government regulation, including the amount of taxes, subsidies and so on, has a significant impact on the cost of gasoline.

The most expensive and cheapest gasoline in the world

Next, we will find out where the most expensive and cheapest gasoline in the world in 2024.

TOP 10 COUNTRIES WITH THE MOST EXPENSIVE GASOLINE IN THE WORLD

No. COUNTRY PRICE (DOLLARS PER LITER)
1. Cuba 6.552
2. Hong Kong 3.117
3. Monaco 2.312
4. Iceland 2.297
5. Denmark 2.208
6. Norway 2.159
7. Netherlands 2.154
8. Israel 2.118
9. Barbados 2.091
10. Liechtenstein 2.083

TOP 10 COUNTRIES WITH THE CHEAPEST GASOLINE IN THE WORLD

No. COUNTRY PRICE (DOLLARS PER LITER)
1. Iran 0.029
2. Libya 0.031
3. Venezuela 0.035
4. Kuwait 0.341
5. Algeria 0.342
6. Angola 0.362
7. Egypt 0.404
8. Nigeria 0.428
9. Turkmenistan 0.428
10. Malaysia 0.433

Note. Information about the cost of gasoline is based on current information from the authoritative portal GlobalPetrolPrices, which tracks the average national fuel and electricity prices in 150 countries and more than 250 cities around the world.

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