Global AveragesGlobal Averages

    Global Average Gas Price

    Last updated: January 25, 2026

    $1.31/L

    USD/liter

    The global average gasoline price is approximately $1.31 per liter ($4.96 per gallon). Prices range from under $0.03/L in Venezuela (heavily subsidized) to over $2.50/L in Hong Kong and parts of Europe due to high taxes.

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    Historical Trend

    Source: GlobalPetrolPrices

    Global Average Gas Price by Country

    Country Value (USD/liter) ↓Source
    Hong Kong2.72GlobalPetrolPrices
    Germany1.85GlobalPetrolPrices
    United Kingdom1.73GlobalPetrolPrices
    Japan1.35GlobalPetrolPrices
    United States0.94EIA
    Saudi Arabia0.62GlobalPetrolPrices
    Venezuela0.02GlobalPetrolPrices

    Why This Average Exists

    Gasoline prices directly affect transportation costs, inflation, and household budgets. They reflect a country's energy policy, taxation approach, and reliance on oil imports.

    Factors That Affect Global Average Gas Price

    • Crude oil prices
    • Government taxation
    • Subsidies
    • Refining capacity
    • Currency exchange rates
    • Transportation infrastructure

    Frequently Asked Questions

    Methodology & Data Sources

    The data presented on this page is compiled from publicly available datasets published by international organizations including the World Bank, World Health Organization (WHO), International Labour Organization (ILO), United Nations, NASA, and national statistical agencies.

    Global averages are calculated using population-weighted or arithmetic means depending on the metric. Country-level data reflects the most recent available figures, typically from 2024–2024. Where gaps exist, the latest available data point is used.

    All figures are subject to revision as source organizations update their datasets. For the most authoritative data, we encourage consulting the original sources linked in the table above.

    Further Reading