10 countries with the cheapest gasoline

Review of the best according to the editors. About the selection criteria. The the material is subjective, is not advertising and is not serves as a guide to the purchase. Before purchase is needed consultation with a specialist.

Gasoline prices in Russia have long become a byword. It seems to be and a raw country, and there are a lot of oil refineries – literally in every more or less large city there is – but still for “fuel” has to give a considerable part of the salary. Yeah what’s up to say – residents of the border areas with Kazakhstan go to gas station to neighbors. They have gas – only about 25 rubles (in terms of Russian currency) per liter of the 95th.

But maybe trips to Kazakhstan are not the most profitable option, and Is there a way to refuel cheaper? We’ll figure it out now making a rating from 10 countries with the cheapest gasoline. For the top used data from a study by the Bloomberg financial group, held in 2018.

Rating of countries with the cheapest gasoline

Nomination a place Country price per liter
Rating of countries with the cheapest gasoline 10 Russia $ 0.72
9 UAE $ 0.68
8 Indonesia $ 0.67
7 Malaysia $ 0.54
6 Saudi Arabia $ 0.54
5 Egypt $ 0.43
4 Nigeria $ 0.41
3 Kazakhstan $ 0.39
2 Kuwait $ 0.35
1 Iran $ 0.28
Bonus Venezuela $ 0.01

10th place: Russia ($ 0.72 / l)

Rating: 4.1

Russia

Surprisingly, the country, whose inhabitants accustomed to complaining about high and constantly rising prices for fuel. The weighted average price of gasoline in Russia is only 0.72 dollars per liter – it’s about three times cheaper than in European states. Perhaps that is why the citizens of the country increasingly, regardless of income level, they choose as personal transport car.

Bloomberg reports that an average car owner in Russia spends 330 liters of gasoline per year. This suggests that in the first place the car is used for short-distance routine trips – to work and home. Well, that is, it replaces the bus. True, it’s more expensive since average fuel costs are just over $ 0.6 a day.

Gasoline can afford the Russians. According to published information, about 2.5% of revenue is spent on fuel.

9th place: UAE ($ 0.68 / l)

Rating: 4.2

UAE

Petrol in the United Arab Emirates amazing things. Not only is it objectively inexpensive, it’s also and subjectively cheap! Bloomberg Agency gave the UAE 5th place in fuel availability – that is, even a poor Arab can imagine allow regular refueling without much damage to family the budget.

The weighted average price of a liter of gasoline in this country (which also specializes in the extraction and processing of petroleum products) just 68 cents per liter. At the same time, Arabs are actively spending it like that. Each local car owner spends a little over 1100 liters per year fuel.

This high flow rate is primarily due to significant the discrepancy between the social classes of the “rich” and the “poor.” “Middle” Arabs, who would cut across the country into economical Ford Focus, almost none. Rich people drive huge SUVs and sports cars that burn fuel like a good plane; and the poor – on old and consuming fuel with an offensively low efficiency cars.

8th place: Indonesia ($ 0.67 / l)

Rating: 4.3

Indonesia

The inhabitants of Indonesia are extremely careful and economical motorists. According to statistics, on average, the owner of a car burns only 120 liters fuel per year. And this is due to the extremely high price of fuel.

The fact is that despite the objective cheapness of fuel, salaries in Indonesia are offensively low. Average daily income the citizen of this country is only 10 dollars. It means, that most Indonesians and half of this amount do not receive (and we all know how statistics work). As a result, ride on the car for most citizens of Indonesia is simply not for pocket – a liter of gasoline at a price of $ 0.67 costs 6-10% from daily earnings.

Therefore, the streets of Indonesian cities are empty. Rarely here you’ll meet a private car, and traffic jams do happen once in a while. Just gasoline in Indonesia is objectively cheap, but subjectively – very expensive.

7th place: Malaysia ($ 0.54 / l)

Rating: 4.4

Malaysia

Malaysia is a country of contrasts. On the one hand it’s fast a developing state in which more and more industrial and production centers. On the other hand – 19% of the population are employed in low-budget agriculture, which accounts for 7.3% of GDP. But it is in Malaysia that they are manufacturing facilities of Intel, Texas Instruments, AMD and others high-tech companies.

As a result, with gasoline everything is also quite average here. Private the car can afford mostly representatives of the middle class, car owners are relatively few, and each of them, by According to statistics, it consumes 526 liters of fuel per year.

On average, a liter of gasoline will cost 54 cents. It’s about 2 percent of daily income. Gasoline is available – but not really needed because with a huge population density and developed Malaysians prefer to use transport infrastructure public buses and subways.

6th place: Saudi Arabia ($ 0.54 / l)

Rating: 4.5

Saudi Arabia

Saudi Arabia is another country that specializes in the extraction, supply and processing of petroleum products. Therefore, it would be foolish to expect high gas prices here. But here with the economic situation, everything is much more interesting.

The fact is that in Saudi Arabia there is a brutal stratification of social classes. This country scored 45.9 points in Gini index – an indicator of socioeconomic inequality (for comparison, in Russia it is 41.4 points). Observed hyperconcentration of wealth in the capital of the ruling elite, at that time as 9% of the population cannot even afford primary school to walk.

As a result, cars here are a luxury, not a means. movement. But gasoline is inexpensive. Only 54 cents per liter, according to statistics. It’s worth remembering that the ruling elite prefers powerful and expensive cars that burn fuel like plane. According to economic studies, the average owner cars in this country burn up to 1200 liters of fuel per year.

5th place: Egypt ($ 0.43 / l)

Rating: 4.6

Egypt

Egypt also has oil fields and refineries plants. But at the same time, “black gold” occupies a relatively small place in the country’s export – that is, it is almost completely spent by citizens. And therefore, gasoline in Egypt is very cheap.

That’s just no one to spend it. Most of the country’s inhabitants are in favor poverty line. According to UN studies, 31% of Egyptian children malnourished, in the state the threat of hunger, the government leads strange politics, and the unemployment rate is 19%! Index Gini – even higher than that of Saudi Arabia, 47 points. Income distributed extremely unevenly. And therefore it is not surprising that tourism occupies almost a leading place in the country’s income.

As a result, with the price of gas at 43 cents per liter of its average annual consumption is only 99 liters per owner.

4th place: Nigeria ($ 0.41 / l)

Rating: 4.7

Nigeria

Nigeria is the same country in which poverty scares people. how as a result, gasoline is cheap here, only they don’t buy it. Car you can hardly find it on Nigerian roads – too much dear it is a pleasure, the ordinary citizen of this state does not can afford a car.

The average daily salary of a Nigerian employee is 5.19 dollars. So if a liter of gasoline – even if you consider it practically a penny price of 41 cents – will cost 8% of daily income. Here already it remains only to choose – to buy food or go to work for a car.

There is another important factor stopping Nigerians from buying personal vehicles is a very high crime rate. You leave the car unattended like that – and you will continue to walk. Street thefts and robberies lead in the number of committed crime, so bragging about the availability of vehicles is incredible adventurism and riskiness.

The average annual fuel consumption is 54 liters per driver.

3rd place: Kazakhstan ($ 0.39 / l)

Rating: 4.8

Kazakhstan

As mentioned in the introduction to this rating, many Russians living in close proximity to Kazakhstan travel to neighboring state for refueling. Why not? At a price 39 cents per liter of gasoline (on average) the savings are very significant.

Kazakhstan is trying to use its own oil. In the country quite a lot of fields and mining companies. Furthermore, Kazakhstan also exports a little oil. As a result, he may afford to sell fuel relatively inexpensively.

However, at some Kazakhstan gas stations you can find Russian fuel. The Gazpromneft network operates in this country. AND the prices for gasoline presented there practically do not differ from local cost. Truly amazing excise magic pricing and other economic features.

At the same time, Kazakhstan is not quite the country to which worth moving. Gini index is 28.8 points, volume unemployment – 4.9%. That is, in principle, everything is a little better than in Russia, but perfection is still far away.

2nd place: Kuwait ($ 0.35 / l)

Rating: 4.9

Kuwait

The cheapness of gasoline in Kuwait is understandable. This country is one of the largest oil producers and exporters. However, her the economic situation is more stable and favorable than in Saudi Arabia and Egypt.

See for yourself. Gini coefficient (measure of income gap between rich and poor) is just over 30 points. Level unemployment – only 1.3%. Inflation in 2018-2019 is less than 1%. Kuwait is an economically stable and rapidly developing country. Therefore, there are many cars, motorists and an adequate price. gasoline.

In particular, for a liter of fuel on average you have to pay about 35 cents. This is less than half a percent of Kuwaiti average daily income. Statistically every driver in Kuwait consumes about 960 liters of fuel per year. Security transport – 1 car for 2.25 people (though this leads to huge mortality in road accidents, and each driver receives an average of at least 2 fines per year, but this is already particular).

1st place: Iran ($ 0.28 / l)

Rating: 5.0

Iran

Iran tops the list of countries with the cheapest gasoline. Liter fuel (on average) in this state will cost 28 cents. True, subjectively, he is still a little expensive.

An average Iranian earns $ 14 a day. If he each bought a liter of gasoline, it would take 2% of the income. So that subjectively, not every Iranian can simply afford so dissect the country by car – this requires at least secured. And the flow only confirms this. The average annual cost of gasoline per driver is only 325 liters – even a little less than in Russia.

Such a low gas price is due to the fact that Iran is one of the largest oil exporters. He owns about 10% of the world stock of “black gold”. In addition, Iran occupies 5.5% of the world oil market. But, as is often the case with commodity states, incomes are distributed to the offensive unevenly – and almost 10% The country’s population is below the poverty line.

Bonus: Venezuela ($ 0.01 / L)

Rating: 5.0

Venezuela

Yes, Venezuela is a country with almost free gasoline. A liter of fuel will cost only 1 cent – well, or less than a ruble. Thanks to this, almost every adult in Venezuela has a private car, and the average annual consumption is almost 500 liters.

However, not everything is so rosy. Venezuela – incredible, crazy, before horror poor country. The average daily income is 92 centers. But even for this money will not work just to buy a bottle of mineral water or cola – they cost about two dollars. A cup of espresso in a coffee shop will cost about one full refueling of some Ford Focus III generation.

Such a crazy pricing policy (almost free gasoline and very expensive everything else) is due to actions President Hugo Chavez. It was he who began to subsidize oil production and oil refining industry in the country. Each year, the state allocates $ 12 million to companies that are engaged in pumping and distillation of “black gold”.

As a result, the cost of a liter of gasoline is 28 times higher its price.

Interestingly, many Venezuelans transport fuel to neighboring countries smuggling. However, with an average daily salary at 92 cents and 20% of the population below the poverty line, people somehow need survive.


Attention! This rating is subjective, not advertising and does not serve as a guide to the purchase. Before the purchase consultation with a specialist is necessary.

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