What is the average price of petrol around the world?
The average price for a tank of petrol in the UK is £85.
The average price for a tank of petrol in the US is £46, 46% less than in the UK.
The global average price for a tank of petrol is £60.
How do petrol prices in the UK compare to the rest of the world? We’ve looked across the world at petrol prices for a litre, estimated the average size of a fuel tank (55L) and calculated how much a trip to the station costs each one of us across the globe. Read on to find out where the UK is positioned globally and how petrol prices compare between the regions in the United Kingdom.
The most expensive place in the world to fill your car up is Hong Kong (too small to be seen on the map), where it will cost a massive £139 to fill up a tank – more than double the global average of £60. Meanwhile, the cheapest place when it comes to petrol prices is Iran, where it will cost just £1.30 to fill up your car.
Petrol prices in the UK are 42% higher than the global average, costing on average £85 for a full tank. The average petrol price in the UK is also 86% higher than in the US, costing £85 to fill up a tank compared to just £46 in the US.
The 5 most expensive countries
1. Hong Kong: £139 2. Iceland: £103 3. Monaco: £101 4. Liechtenstein: £99 5. The Netherlands: £98
What is the average price of petrol around the UK?
In the United Kingdom, the most expensive region for filling up your car is the South East (£86.11). This is followed by the East of England, where it costs £86.04 for a full tank, and London, where it costs £85.83 to fill up.
The cheapest UK region when it comes to the price of petrol is Northern Ireland, where it costs £82.80. This is £2.32 cheaper than the next most affordable region, which is Yorkshire and the Humber where it costs £85.12 for a full tank.
The 5 most expensive UK regions for a full tank of petrol
1. South East: £86.11 2. East: £86.04 3. London: £85.83 4. South West: £85.75 5. West Midlands: £85.72
The 5 cheapest UK regions for a full tank of petrol
1. Northern Ireland: £82.80 2. Yorkshire And The Humber: £85.12 3. North West: £85.16 4. Scotland: £85.23 5. Wales: £85.29
Secondly, if you are more economical in your car useage, this will reduce your premiums as the less time you spend on the road, the less chance you have of being involved in an accident – will reduce your overall risk to an insurer.
Finally, whilst its out of your control, your age and location play a big part in the cost of your insurance so its important to be aware of this when it comes to your renewal.
Methodology
The numbers in this piece are based on data from Globalpetrolprices.com and Forecourt Trader for the UK as of November 2023. We estimated the size of a petrol tank and the average amount of miles that can be driven on a full tank based on multiple sources.
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Matt Mckenna UK communications manager T: +44 20 8191 8806
Danny is a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance. Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC. See full bio
Danny's expertise
Danny has written 368 Finder guides across topics including:
Sophie Barber is a content marketing manager for Finder in the UK after previously working as a content manager at a digital marketing agency. She has over 5 years experience in writing and publishing clear, concise and informative online articles for a variety of websites. See full bio
Sophie's expertise
Sophie has written 68 Finder guides across topics including:
Publishing original personal finance research
Creating data-led statistics pages to highlight industry trends
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