Highest and Cheapest Gasoline Prices by Country

By Tom Randall - 2014-06-02T04:03:46Z

Photograph by Gallery Stock

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Pain at the Pump

The summer driving season is upon us, a time when road-trip dreams meet the open road. There’s just one thing standing in the way: the gas station.

Think filling up is expensive? It’s all relative. The cost of filling up the 39-gallon tank of a Chevrolet Suburban in Norway is $381.81. In Venezuela, it’s just $1.56. Drivers in India must put in more than a full day’s work to afford a single gallon.

The Bloomberg Gas Price Ranking sorts 61 countries by average price at the pump and by "pain at the pump," which measures the percentage of an average day’s wages needed to buy a gallon of fuel. See where your country stacks up.

Sources: Created by Bloomberg Rankings using data compiled by Bloomberg, Associates for International Research Inc. (AIRINC), Europe's Energy Portal, the International Monetary Fund and the U.S. Energy Information Administration. Country descriptions also draw from the World Bank, OECD and CIA World Factbook.

Gas prices are from March 31-April 29. Octane levels for regular gasoline vary, so the cheapest widespread option was used for each country. Data weren't available for all nations, and the list excludes countries with per capita daily income less than $3.50.

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