The 10 countries with the highest and lowest gasoline prices

The prices of Gasoline vary widely across countries, with some paying significantly higher amounts than others. This disparity in gasoline prices around the world is an interesting phenomenon that impacts people's economy and lifestyle.

While some countries face high prices due to taxes, regulations and other factors, others have the advantage of own large oil reserves or receive government subsidies that lower the cost of gasoline to consumers.

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These differences in prices can directly influence how people plan their expenses, the feasibility of certain activities and even their choice of transport.

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Countries with the highest and lowest gasoline tariffs

According to recent data, the countries that pay the most for gasoline are mainly those with high fuel taxes and regulations. Some examples of these countries are:

  1. Hong Kong: $10,966 per gallon;
  2. Norway: $9,643 per gallon;
  3. Denmark: $9,323 per gallon;
  4. Central African Republic: $9,031 per gallon;
  5. Monaco: $8,938 per gallon;
  6. Finland: UA$8,894 per gallon;
  7. Iceland: $8.755 per gallon;
  8. Greece: $8,709 per gallon;
  9. Netherlands: $8,582 per gallon;
  10. Singapore: $8,399 per gallon.

On the other hand, some of the countries that pay the least for gasoline are those with large oil reserves or government subsidies. Some examples of these countries are:

  1. Venezuela: US$0.084 per gallon;
  2. Libya: US$0.118 per gallon;
  3. Iran: $0.202 per gallon;
  4. Algeria: $1,189 per gallon;
  5. Kuwait: $1,295 per gallon;
  6. Angola: US$1,480 per gallon;
  7. Nigeria: $1,574 per gallon;
  8. Turkmenistan: $1,621 per gallon;
  9. Malaysia: $1,764 per gallon;
  10. Kazakhstan: $1,816 per gallon.

It is important to note that these prices may vary over time due to factors such as fluctuations in oil prices, government policies and economic conditions.

Furthermore, the prices mentioned are only an average and may vary in different regions within a country.

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