THE WORLD'S MOST EXPENSIVE AND CHEAPEST GASOLINE

In 2021, the average cost per liter of gasoline in the world is $1.18. This figure varies considerably from country to country. The range varies from $0.020 in Venezuela, to $2.537 in Hong Kong.

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 2021.

TOP 10 COUNTRIES WITH THE MOST EXPENSIVE GASOLINE IN THE WORLD

No. COUNTRY PRICE (DOLLARS PER LITER)
1. Hong Kong 2.537
2. Central African Republic 2.183
3. Netherlands 2.144
4. Norway 2.063
5. Lebanon 2.001
6. Portugal 1.968
7. Iceland 1.968
8. Greece 1.964
9. Monaco 1.951
10. Finland 1.949

TOP 10 COUNTRIES WITH THE CHEAPEST GASOLINE IN THE WORLD

No. COUNTRY PRICE (DOLLARS PER LITER)
1. Venezuela 0.020
2. Iran 0.065
3. Angola 0.247
4. Algeria 0.343
5. Kuwait 0.349
6. Nigeria 0.409
7. Turkmenistan 0.429
8. Kazakhstan 0.445
9. Ethiopia 0.493
10. Malaysia 0.494

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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