The 10 Most Expensive Countries to Buy Diesel
19/11/2014
The 10 Most Expensive Countries to Buy Diesel

The 10 Most Expensive Countries to Buy Diesel

Working in the UK haulage industry the price of diesel is always on our minds, but where do we rank amongst the most expensive countries to buy diesel?

The Government has recently urged fuel companies to reduce their prices at the pumps in line with the reduction in cost of crude oil which has gone down from over $100 to $78 a barrel.
 
Amidst the industry calling for an enquiry into the fuel pump prices Returnloads.net finds out just where we sit in comparison to the rest of the world.
 
10.
126p per litre – Ireland & Germany

In joint tenth position we find the unlikely pairing of Ireland and Germany.
Both countries spending on average £119.32 every month on diesel. Germany fairing marginally better than Ireland as they spend a lower percentage of their monthly income on diesel.
 
Average monthly diesel spend: £119.32
 
Germany

Average monthly disposable income: £1728.50
Percentage of income spent on diesel: 6.9%
 
Ireland
Average monthly disposable income: £1703.09
Percentage of income spent on diesel: 7%
 
9.
128p per litre – Finland


In ninth position we find Finland. A small population of only five and a half million have to spend 6.8% of their income on diesel.
 
Average monthly diesel spend: £121.22
Average monthly disposable income: £1788.24
Percentage of income spent on diesel: 6.8%
 
8.
131p per litre – Iceland


In eighth place we see the home of Bjork and frozen food, Iceland. With 9.4% of your monthly income going on diesel I don’t think the fuel price is ‘Why Peter goes to Iceland’
 
Average monthly diesel spend: £124.06
Average monthly disposable income: £1322.85
Percentage of income spent on diesel: 9.4%
 
7.
133p per litre – Denmark


Here we see the Danes, even though they are paying a hefty lump for their diesel they are still better off than most on the list as they have a high monthly income. Only 5.8% of their monthly income is spent on the black stuff.
 
Average monthly diesel spend: £125.95
Average monthly disposable income: £2177.32
Percentage of income spent on diesel: 5.8%
 
6.
135p per litre – Sweden


The home of ABBA are in sixth position, paying a higher percentage on diesel than their Nordic predecessor at 6.5%.
 
Average monthly diesel spend: £127.85
Average monthly disposable income: £1962.31
Percentage of income spent on diesel: 6.5%
 
5.
138p per litre – Israel


In fifth position with have our first non European country, Israel. With a monthly take home of £1170.28 if you live in Israel you will be spending 11.2% of your income on just diesel.
 
Average monthly diesel spend: £130.69
Average monthly disposable income: £1170.28
Percentage of income spent on diesel: 11.2%
 
4.
141p per litre – UK


It is no surprise to see the UK in the top five, although some people may have thought we were a little higher on the list. Brits spend 7.9% of their take home on diesel every month.
 
Average monthly diesel spend: £133.53
Average monthly disposable income: £1700
Percentage of income spent on diesel: 7.9%
 
3.
144p per litre – Turkey


Here is our number three, Turkey. Now spare a moments thought for the people who live in Turkey as they seem to have a bum deal. They spend, wait for it….. 25.8% of their monthly income on diesel, now if that isn’t a good enough excuse to move I don’t know what is!
 
Average monthly diesel spend: £136.37
Average monthly disposable income: £528.56
Percentage of income spent on diesel: 25.8%
 
2.
147p per litre – Italy


Our runners up are Italy, the lovers of fast, petrol driven, sports cars. They have to pay 147p per litre of their diesel, that’s 21p more than the Germans. That amounts to 10.2% of their monthly income.
 
Average monthly diesel spend: £139.21
Average monthly disposable income: £1366.15
Percentage of income spent on diesel: 10.2%
 
1.
150p per litre – Norway


So we are here at number one. Norway has to pay an incredible 150p per litre of diesel. Now this may seem high but due to the sky high wages in Norway that only amounts to 5.2% of their monthly income which is the lowest % of the top 10.
 
Average monthly diesel spend: £142.05
Average monthly disposable income: £2707
Percentage of income spent on diesel: 5.2%
 
Although it seems that our Nordic counterparts are paying most for their diesel it is actually less of a concern for them as they more than make up for it with their high monthly incomes.
 
It is not a surprise at all to see that European countries are paying the most for their diesel. Within Europe countries are heavily taxed with VAT and fuel duty accounting for upwards of 60% of the price.
 
It is interesting to note that our friends in America only pay 57p per litre. Although if you think that is cheap think again as in Iran and Venezuela they pay 1p – 2p per litre.
 
We do need to see the diesel prices come down in this country to help the UK road haulage industry remain competitive.

Prices based on figures for 2013

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