Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Highest & Cheapest Gas Prices by Country

By Tom Randall - 2013-02-13T13:11:46Z

Photograph by SIME/eStock Photo

Company Symbol % Change
Hess Corp HES:US 3.03
BP PLC BP/:LN 7.17
Exxon Mobil Corp XOM:US 1.80
Chevron Corp CVX:US 2.94
ConocoPhillips COP:US 3.20
2 of 63


Price per gallon of gasoline: $9.89
Rank by most expensive gas: 1
Rank by pain at the pump: 7

Turkey's $800 billion economy is the biggest in Eastern Europe, but the world's most expensive gas doesn't make driving easy for Turks. The average daily income is $30, and it takes a third of a day's wages to buy a gallon of gas. So Turks don't buy much gas.

The country's long history of poor tax compliance has been an obstacle to its development. About 40 percent of the country's workers are part of an informal economy that pays no taxes, according to the World Bank. Only about 4 percent of the total population pays personal income tax.

In recent years Turkey has increased its revenue base through consumption taxes like a fuel tax, which is relatively easy to enforce. The country has one of the highest gas taxes, which accounts for more than half of the cost to fuel up.

Read more energy & sustainability news.