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Five most expensive (and cheapest) places in the world to buy gas

The next time you're filling up your car -- and grumbling about the cost -- consider the folks in Turkey, where the average price for a gallon of gas is nearly three times higher than in the U.S.
Written by Kirsten Korosec, Contributor

The next time you're filling up your car -- and likely grumbling about the cost -- consider the folks in Turkey, a country where the average price for a gallon of gas is nearly three times higher than in the United States.

In Turkey, it costs $123.75 to fill up a 12.4-gallon Ford Focus sedan. In the U.S., which ranks 51 out of 60 countries surveyed, it costs $43.64.

The result of such costly gas, thanks to one of the highest fuel taxes in the the world, is low daily gas consumption, which makes sense considering a gallon of gas sucks up about 32.41 percent of a day's wages in Turkey.

Bloomberg surveyed 60 countries to find out which drivers are paying the most—and the least—to fill up their gas tanks. Check out Bloomberg's interactive tool for the complete 60-country ranking, which includes data on how much gasoline citizens in each country consumes, the percentage of daily wages needed to buy a gallon of gas and how much of their annual income is spent on fuel.

The most expensive countries to buy gas

1. Turkey:

  • $9.98 average price of a gallon of gas
  • 32.41 percent of a day's wages is needed to buy a gallon of gas

2. Norway

  • $9.97 average price of a gallon of gas
  • 3.45 percent of a day's wages is needed to buy a gallon of gas

3. Netherlands

  • $8.95 average price of a gallon of gas
  • 6.79 percent of a day's wages is needed to buy a gallon of gas

4. Italy

  • $8.92 average price of a gallon of gas
  • 9.57 percent of a day's wages is needed to buy a gallon of gas

5. France

  • $8.52 average price of a gallon of gas
  • 7.23 percent of a day's wages is needed to buy a gallon of gas

The cheapest countries to buy gas

1. Venezuela

  • $0.04 average price of a gallon of gas
  • 0.13 percent of a day's wages is needed to buy a gallon of gas

2. Saudi Arabia

  • $0.45 average price of a gallon of gas
  • 0.66 percent of a day's wages is needed to buy a gallon of gas

3. Kuwait

  • $0.80 average price of a gallon of gas
  • 0.65 percent of a day's wages is needed to buy a gallon of gas

4. Egypt

  • $1.03 average price of a gallon of gas
  • 12 percent of a day's wages is needed to buy a gallon of gas

5. United Arab Emirates

  • $1.77 average price of a gallon of gas
  • 1 percent of a day's wages is needed to buy a gallon of gas

Photo: Flickr user David Wilson

This post was originally published on Smartplanet.com

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