Change in the price of gasoline per liter in selected countries from May 2017 to May 2018

Change of gasoline price in selected countries 2017-2018 This statistic shows the change in the price of gasoline per liter in selected countries for the period between May 2017 to May 2018. The price changes concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom, and regular unleaded for Canada, Japan, and the United States. In May 2018, the gasoline price per liter in the U.S. was 21.2 percent higher than it was in May 2017.
Gasoline prices worldwide

The price of gasoline is a frequently discussed issue, and is a part of almost everybody’s life in developed countries. Gasoline prices worldwide are dependent of a number of factors: crude oil prices, costs for processing and distribution, demand, strength of currencies, taxation, and availability. The most influential factor is the crude oil price. This price includes the costs for exploration, extraction, and transport.

What the consumer pays in the end is also an issue of national oil pricing policy. Typical regions with high taxes on gasoline are European countries and Japan. Other countries keep consumer prices low by subsidizing the costs for gasoline. Among latter countries are the United States, Saudi Arabia, Iran, Venezuela, Egypt, Malaysia, Bolivia, et cetera.

There are many other factors, however, which directly influence the price of gasoline. Wars, crises, and natural disasters in oil producing regions, for example, can obstruct the production and transportation, and thus cause higher crude oil prices. Last but not least, the end-consumer defines the price through his or her demand. A higher number of people driving cars means higher prices for gasoline, which is often the case in the summer months or holiday seasons.

The gasoline prices in this statistic are compared based on unleaded premium gasoline (RON 95) for France, Germany, Italy, Spain and the United Kingdom, and regular unleaded gasoline for Canada, Japan and the United States (AKI 87). RON stands for Research Octane Number, while AKI means Anti-Knock Index. Both represent the most common octane rating in the countries shown.
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Change in gasoline price
Canada21.8%
United States21.2%
Japan11.4%
France11.4%
United Kingdom7.6%
Spain7.7%
Germany5.3%
Italy5.2%
Change in gasoline price
Canada21.8%
United States21.2%
Japan11.4%
France11.4%
United Kingdom7.6%
Spain7.7%
Germany5.3%
Italy5.2%
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Description Source More information
This statistic shows the change in the price of gasoline per liter in selected countries for the period between May 2017 to May 2018. The price changes concern unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom, and regular unleaded for Canada, Japan, and the United States. In May 2018, the gasoline price per liter in the U.S. was 21.2 percent higher than it was in May 2017.
Gasoline prices worldwide

The price of gasoline is a frequently discussed issue, and is a part of almost everybody’s life in developed countries. Gasoline prices worldwide are dependent of a number of factors: crude oil prices, costs for processing and distribution, demand, strength of currencies, taxation, and availability. The most influential factor is the crude oil price. This price includes the costs for exploration, extraction, and transport.

What the consumer pays in the end is also an issue of national oil pricing policy. Typical regions with high taxes on gasoline are European countries and Japan. Other countries keep consumer prices low by subsidizing the costs for gasoline. Among latter countries are the United States, Saudi Arabia, Iran, Venezuela, Egypt, Malaysia, Bolivia, et cetera.

There are many other factors, however, which directly influence the price of gasoline. Wars, crises, and natural disasters in oil producing regions, for example, can obstruct the production and transportation, and thus cause higher crude oil prices. Last but not least, the end-consumer defines the price through his or her demand. A higher number of people driving cars means higher prices for gasoline, which is often the case in the summer months or holiday seasons.

The gasoline prices in this statistic are compared based on unleaded premium gasoline (RON 95) for France, Germany, Italy, Spain and the United Kingdom, and regular unleaded gasoline for Canada, Japan and the United States (AKI 87). RON stands for Research Octane Number, while AKI means Anti-Knock Index. Both represent the most common octane rating in the countries shown.
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Release date
June 2018
Region
Worldwide
Survey time period
May 2017 to May 2018
Supplementary notes
Average end-use total prices in national currencies. Unleaded premium (95 RON) for France, Germany, Italy, Spain, and the United Kingdom. Regular unleaded for Canada, Japan, and the United States.

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