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Rediff.com  » Business » 30 countries where petrol costs more than India

30 countries where petrol costs more than India

Last updated on: June 26, 2014 15:30 IST

Image: A woman fills her car with petrol on "Dump the Pump Day" in central London.
Photographs: Russell Boyce/Reuters

After the government allowed the oil and gas companies to fix petrol prices, we have seen more hikes in price than reduction. As Iraq crisis deepens, there are chances of further upward revision.

There is a general perception that India is among the countries that pay the highest for petrol. However, going by the current prices around the globe this does not hold true.

There are many more countries - 42 to be precise - that pay more than Indians for a litre of petrol and at least four countries pay double, according to Bloomberg.

Let’s look at 30 such nations that pay more than India for petrol.

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Bloomberg has stated price of 1 gallon (3.79 litres) of petrol in dollars. We calculated the price in rupees ($1 = Rs 60.09). In Mumbai, a gallon of petrol costs about Rs 303. 

Tags: India

30 countries where petrol costs more than India


Photographs: Reuters

Norway

Rank: 1

Price of one gallon (3.79 litres) of regular gasoline: Rs 588.28

Percentage of daily income needed to purchase one gallon of gasoline: 3.59 per cent

Percentage of income spent on gasoline: 0.86 per cent

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Tags: India , Norway

30 countries where petrol costs more than India


Photographs: Reuters

Netherlands

Rank: 2

Price of one gallon (3.79 litres) of regular gasoline: Rs 568.45

Percentage of daily income needed to purchase one gallon of gasoline: 6.94 per cent

Percentage of income spent on gasoline: 1.69 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Italy

Rank: 3

Price of one gallon (3.79 litres) of regular gasoline: Rs 561.24

Percentage of daily income needed to purchase one gallon of gasoline: 9.42 per cent

Percentage of income spent on gasoline: 1.57 per cent

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Tags: Italy , India

30 countries where petrol costs more than India


Photographs: Reuters

Denmark

Rank: 4

Price of one gallon (3.79 litres) of regular gasoline: Rs 549.22

Percentage of daily income needed to purchase one gallon of gasoline: 5.39 per cent

Percentage of income spent on gasoline: 1.49 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Greece

Rank: 5

Price of one gallon (3.79 litres) of regular gasoline: Rs 529.39

Percentage of daily income needed to purchase one gallon of gasoline: 14.24 per cent

Percentage of income spent on gasoline: 4.54 per cent

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Tags: Greece , India

30 countries where petrol costs more than India


Photographs: Reuters

Belgium

Rank: 6

Price of one gallon (3.79 litres) of regular gasoline: Rs 521.58

Percentage of daily income needed to purchase one gallon of gasoline: 6.63 per cent

Percentage of income spent on gasoline: 0.77 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Portugal

Rank: 7

Price of one gallon (3.79 litres) of regular gasoline: Rs 514.37

Percentage of daily income needed to purchase one gallon of gasoline: 14.36 per cent

Percentage of income spent on gasoline: 1.83 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Germany

Rank: 8

Price of one gallon (3.79 litres) of regular gasoline: Rs 510.77

Percentage of daily income needed to purchase one gallon of gasoline: 6.48 per cent

Percentage of income spent on gasoline: 1.51 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Turkey

Rank: 9

Price of one gallon (3.79 litres) of regular gasoline: Rs 508.96

Percentage of daily income needed to purchase one gallon of gasoline: 31.16 per cent

Percentage of income spent on gasoline: 0.86 per cent

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Tags: Turkey , India

30 countries where petrol costs more than India


Photographs: Reuters

Finland

Rank: 10

Price of one gallon (3.79 litres) of regular gasoline: Rs 507.16

Percentage of daily income needed to purchase one gallon of gasoline: 6.23 per cent

Percentage of income spent on gasoline: 1.90 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Israel

Rank: 11

Price of one gallon (3.79 litres) of regular gasoline: Rs 497.55

Percentage of daily income needed to purchase one gallon of gasoline: 7.95 per cent

Percentage of income spent on gasoline: 2.57 per cent

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Tags: Israel , India

30 countries where petrol costs more than India


Photographs: Reuters

Hong Kong

Rank: 12

Price of one gallon (3.79 litres) of regular gasoline: Rs 496.34

Percentage of daily income needed to purchase one gallon of gasoline: 7.50 per cent

Percentage of income spent on gasoline: 0.39 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

United Kingdom

Rank: 13

Price of one gallon (3.79 litres) of regular gasoline: Rs 495.74

Percentage of daily income needed to purchase one gallon of gasoline: 6.87 per cent

Percentage of income spent on gasoline: 1.61 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Ireland

Rank: 14

Price of one gallon (3.79 litres) of regular gasoline: Rs 489.73

Percentage of daily income needed to purchase one gallon of gasoline: 6.23 per cent

Percentage of income spent on gasoline: 1.97 per cent

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Tags: India

30 countries where petrol costs more than India


Photographs: Reuters

France

Rank: 15

Price of one gallon (3.79 litres) of regular gasoline: Rs 474.71

Percentage of daily income needed to purchase one gallon of gasoline: 6.39 per cent

Percentage of income spent on gasoline: 0.76 per cent

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Tags: France , India

30 countries where petrol costs more than India


Photographs: Reuters

Sweden

Rank: 16

Price of one gallon (3.79 litres) of regular gasoline: Rs 474.11

Percentage of daily income needed to purchase one gallon of gasoline: 4.82 per cent

Percentage of income spent on gasoline: 1.70 per cent

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Tags: India , Sweden

30 countries where petrol costs more than India


Photographs: Reuters

Slovenia

Rank: 17

Price of one gallon (3.79 litres) of regular gasoline: Rs 465.10

Percentage of daily income needed to purchase one gallon of gasoline: 11.93 per cent

Percentage of income spent on gasoline: 3.23 per cent

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Tags: India , Sweden

30 countries where petrol costs more than India


Photographs: Reuters

Malta

Rank: 18

Price of one gallon (3.79 litres) of regular gasoline: Rs 460.29

Percentage of daily income needed to purchase one gallon of gasoline: 11.49 per cent

Percentage of income spent on gasoline: 1.77 per cent

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Tags: India , Sweden

30 countries where petrol costs more than India


Photographs: Reuters

Cyprus

Rank: 19

Price of one gallon (3.79 litres) of regular gasoline: Rs 452.48

Percentage of daily income needed to purchase one gallon of gasoline: 11.37 per cent

Percentage of income spent on gasoline: 3.97 per cent

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Tags: Cyprus , India

30 countries where petrol costs more than India


Photographs: Reuters

Slovakia

Rank: 20

Price of one gallon (3.79 litres) of regular gasoline: Rs 451.88

Percentage of daily income needed to purchase one gallon of gasoline: 14.61 per cent

Percentage of income spent on gasoline: 1.64 per cent

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Tags: Cyprus , India

30 countries where petrol costs more than India


Photographs: Reuters

Switzerland

Rank: 21

Price of one gallon (3.79 litres) of regular gasoline: 451.28

Percentage of daily income needed to purchase one gallon of gasoline: 3.18 per cent

Percentage of income spent on gasoline: 1.25 per cent

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Tags: Cyprus , India

30 countries where petrol costs more than India


Photographs: Reuters

Spain

Rank: 22

Price of one gallon (3.79 litres) of regular gasoline: Rs 446.47

Percentage of daily income needed to purchase one gallon of gasoline: 8.92 per cent

Percentage of income spent on gasoline: 1.06 per cent

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Tags: Cyprus , India

30 countries where petrol costs more than India


Photographs: Reuters

Croatia

Rank: 23

Price of one gallon (3.79 litres) of regular gasoline: Rs 444.67

Percentage of daily income needed to purchase one gallon of gasoline: 19.34 per cent

Percentage of income spent on gasoline: 2.79 per cent

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Tags: Cyprus , India

30 countries where petrol costs more than India


Photographs: Reuters

Romania

Rank: 24

Price of one gallon (3.79 litres) of regular gasoline: Rs 443.46

Percentage of daily income needed to purchase one gallon of gasoline: 28.30 per cent

Percentage of income spent on gasoline: 1.96 per cent

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Tags: Cyprus , India

30 countries where petrol costs more than India


Photographs: Reuters

Austria

Rank: 25

Price of one gallon (3.79 litres) of regular gasoline: Rs 428.44

Percentage of daily income needed to purchase one gallon of gasoline: 4.98 per cent

Percentage of income spent on gasoline: 1.05 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Hungary

Rank: 26

Price of one gallon (3.79 litres) of regular gasoline: Rs 423.63

Percentage of daily income needed to purchase one gallon of gasoline: 19.25 per cent

Percentage of income spent on gasoline: 2.58 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Luxembourg

Rank: 27

Price of one gallon (3.79 litres) of regular gasoline: Rs 421.83

Percentage of daily income needed to purchase one gallon of gasoline: 2.21 per cent

Percentage of income spent on gasoline: 1.49 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

New Zealand

Rank: 28

Price of one gallon (3.79 litres) of regular gasoline: Rs 417.02

Percentage of daily income needed to purchase one gallon of gasoline: 5.83 per cent

Percentage of income spent on gasoline: 3.06 per cent

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30 countries where petrol costs more than India


Photographs: Reuters

Latvia

Rank: 29

Price of one gallon (3.79 litres) of regular gasoline: Rs 415.82

Percentage of daily income needed to purchase one gallon of gasoline: 15.19 per cent

Percentage of income spent on gasoline: 1.91 per cent

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Tags: India , Latvia

30 countries where petrol costs more than India


Photographs: Reuters

Czech Republic

Rank: 30

Price of one gallon (3.79 litres) of regular gasoline: Rs 411.62

Percentage of daily income needed to purchase one gallon of gasoline: 13.27 per cent

Percentage of income spent on gasoline: 2.29 per cent

Tags: India , Latvia