صدى البلد البلد سبورت قناة صدى البلد صدى البلد جامعات صدى البلد عقارات
Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie
ads

Gasoline Prices Map Reveals Global Divide Between Cheapest, Most Expensive


Mon 27 Apr 2026 | 01:46 AM
Taarek Refaat

A new global infographic on gasoline prices as of April 20, 2026, based on data from GlobalPetrolPrices, highlights a dramatic divide in fuel costs worldwide, exposing how policy decisions, subsidies, and taxation continue to shape energy affordability across regions. The average global price stands at approximately $5.58 per gallon, but national figures vary sharply at both ends of the spectrum.

At the lowest end of the scale, Libya remains the cheapest country globally, with gasoline priced at just $0.09 per gallon, followed closely by Iran at $0.11 and Venezuela at $0.13. These exceptionally low prices reflect extensive government subsidies that keep domestic fuel costs artificially suppressed, despite ongoing economic pressures and volatility in global energy markets.

CHEAPEST GASOLINE (SUBSIDIZED MARKETS)

🇱🇾 Libya — $0.09 / gallon

🇮🇷 Iran — $0.11 / gallon

🇻🇪 Venezuela — $0.13 / gallon

MOST EXPENSIVE GASOLINE (HIGH TAX / IMPORT DEPENDENT)

🇭🇰 Hong Kong — $15.65 / gallon

🇲🇼 Malawi — $14.54 / gallon

🇳🇱 Netherlands — $10.61 / gallon

MAJOR ECONOMIES COMPARISON

🇨🇦 Canada — $5.63

🇨🇳 China — $5.31

🇧🇷 Brazil — $5.12

🇺🇸 United States — $4.45

🇮🇳 India — $4.09

🇷🇺 Russia — $3.07

In contrast, Hong Kong ranks as the most expensive gasoline market in the world, with prices reaching $15.65 per gallon. It is followed by Malawi at $14.54 and the Netherlands at $10.61, where high taxation, import dependency, and energy transition costs significantly inflate retail fuel prices.

Major global economies also show wide variation. Canada records gasoline at $5.63 per gallon, while China stands at $5.31 and Brazil at $5.12. The United States, despite being one of the world’s largest oil producers, averages $4.45 per gallon. Meanwhile, India reports $4.09, and Russia remains lower at $3.07 per gallon, reflecting differing subsidy frameworks and domestic pricing strategies.

The data underscores a widening global disparity driven by contrasting fiscal policies. Countries with heavy subsidies continue to shield consumers from international oil price fluctuations, while high-tax economies rely on fuel taxation as a major revenue source and as a tool to accelerate the transition toward cleaner energy alternatives.

Analysts note that these structural differences not only impact household expenses but also influence transportation costs, inflation levels, and industrial competitiveness worldwide, making fuel pricing a key indicator of broader economic policy direction.