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.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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
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