FX.co ★ Countries with the cheapest gasoline
Countries with the cheapest gasoline
1. Venezuela
Price per liter: $0.01
The residents of Venezuela spend the least for automobile fuel. The country is also leading in terms of gasoline affordability. With an average daily income of $0.92, people spend 0.00% of their income on a liter of gasoline.
On average, a driver spends 483.76 liters of gasoline a year, which accounts for 0.00% of the average salary.
On the contrary, the most expensive gasoline in the world is in Hong Kong ($2.09).
2. Iran
Price per liter: $0.28
Despite the fact that Iran has become the second in the ranking of countries with the cheapest gasoline, in terms of gasoline affordability it ranks 30th in the world.
With an average daily income of $14.07, people spend 2.01% of the revenue to buy a liter of gasoline.
On average, a driver spends 325.55 liters of gasoline a year, which takes 1.79% of the average salary.
3. Kuwait
Price per liter: $0.35
Kuwait closes the top three. With an average daily income of $81.73, the purchase of a liter of gasoline takes 0.42% of revenue.
On average, a driver spends 960.1 liters of gasoline a year, which accounts for 1.12% of the average salary.
Kuwait occupies the second place in the world in terms of the affordability of automotive fuel.
4. Nigeria
Price per liter: $0.41
The average daily income of a resident of Nigeria is $5.19, while it takes 8.00% of his income for purchasing a liter of fuel. In terms of gasoline affordability, the country is on the 58th place in the world.
On average, a driver spends 54.96 liters of gasoline a year, which takes 1.21% of the average salary.
5. Egypt
Price per liter: $0.43
Experts placed Egypt on the 55th place in the ranking of countries in terms of gasoline affordability.
With an average daily income of $6.97, it takes 6.21% of revenue to buy a liter of gasoline.
On average, a driver spends 98.93 liters a year, which accounts for 1.68% of the average salary.
6. Saudi Arabia
Price per liter: $0.54
In Saudi Arabia, the affordability of gasoline is considered to be one of the highest in the world. The country occupies the 9th place.
With an average daily income of $62.05, it takes 0.88% of income to buy a liter of gasoline.
On average, a driver spends 1,192.97 liters of gasoline a year that is about 2.87% of his average salary.
7. Malaysia
Price per liter: $0.54
Purchasing a liter of fuel accounts for 1.78% of the income of a resident of the country, while average earnings are $30.75.
On average, a driver spends 525.39 liters of gasoline a year, which takes 2.56% of the average salary.
8. Indonesia
Price per liter: $0.67
With an average daily income of $10.79, it takes 6.26% of revenue to buy a liter of gasoline.
On average, a driver spends 120 liters a year, which accounts for 2.06% of the average salary.
In terms of the affordability of gasoline, the country is om the 56th place in the world.
9. UAE
Price per liter: $0.68
The country ranks 5th in the world in terms of the affordability of automobile fuel.
With an average daily income of $108.16, it takes 0.63% of revenue to purchase a liter of gasoline.
On average, a driver spends 1,107.59 liters a year, which is 1.92% of the average salary.
In 2016, gasoline in the United Arab Emirates was cheaper than water. Due to the decline in oil prices, a liter of gasoline was half the price of a liter of soda.
10. Russia
Price per liter: $0.72
Russia closes the top ten, which is 34th in the world in terms of motor fuel affordability.
With an average daily income of $29.56, a resident of Russia uses 2.44% of his revenue to buy a liter of gasoline.
On average, a driver spends 329.74 liters a year, which accounts for 2.20% of the average salary.
