Argentina’s Gas Prices Still Among Lowest

Inflation has been eating away at Argentina’s comparatively low prices in recent years, but the cost of a gallon of gas here is still relatively inexpensive compared with many countries. The average price of a gallon of gas in July was $3.56, according to a global survey by Portfolio.com. That’s much higher than the 12 cents it costs in Venezuela (the cheapest in the world) but much less than the $11.18 paid in Turkey (the world’s most expensive).

The average price in South America is $3.96 while in Uruguay it is $6.44 and in Chile it is $5.18. In Brazil a gallon goes for $6.38.

In the U.S. a gallon is $3.73 while in Canada it is $4.66. In Europe the average cost is $7.52, with the highest price being $9.97 in The Netherlands and the lowest $3 in Greenland.

Portfolio.com has an excellent interactive graphic that allows you to hover over each country and look at its gas prices as well as its per capita GDP. You can see the map here.

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