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30 countries where petrol costs more than India
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.
30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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
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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30 countries where petrol costs more than India
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
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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30 countries where petrol costs more than India
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
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
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
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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30 countries where petrol costs more than India
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
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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30 countries where petrol costs more than India
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
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
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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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30 countries where petrol costs more than India
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
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
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
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
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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30 countries where petrol costs more than India
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