• Chart: How Gas Prices Compare Around the World | Statista

Europe has some of the highest gasoline prices in the world. Most of Western Europe was paying upwards of $6.00 for a gallon of gas as of May 2, with some of the highest prices being charged in Iceland, Finland, Greece, Denmark and Norway. Germany was the most expensive major European economy in terms of gas prices most recently, as a gallon was going for $7.97. Norway is an outlier among oil producing countries as it taxes gasoline at a premium. The country bases lots of its wealth on oil but has for many years pursued a plan to make its own economy independent of the fossil fuel.

The most expensive gallon of gas included in the ranking, however, was being sold in Hong Kong at $10.87, which would typically cause filling up even a small car to break the $100 barrier. Eastern Asia was the priciest part of the world for gas after Europe, with prices high in India, China, South Korea and Thailand – all of which are major oil consumers, but not producers. Deep pockets are also needed in a few countries where weak government or trade structures have led to a hike in prices, like in the Central African Republic.

• Chart: How Gas Prices Compare Around the World | Statista