The table compares the average income and the petrol expenditure (in dollars) in the ten most expensive countries for it.
Overall, there is no strong correlation between more expensive petrol prices and higher proportions of income spent on it. Nevertheless, there is a strong connection between higher incomes and lower percentages of income dedicated to petrol. Norway recorded the most expensive petrol and the lowest percentage of income used on petrol, while Eritrea saw the largest share of income spent on petrol.
Regarding the monthly spendings on petrol, Citizens in Norway and Turkey have to spend the most, at $319.85 and $315.96, respectively. The other countries’ figures range from $288.65 to $273.05, with Belgium ranking the lowest.
Concerning the average monthly disposable incomes, Norway maintains a lead at $4329.07, while the second place is Sweden with $3548.81. about $800 less. Thanks to its exceptionally high income, Norway’s population allocate the smallest share of income to petrol at 7.40%, followed by Sweden at 7.70%. This trend is still seen in all the remaining countries, where their rankings in the average income and the proportions of income dedicated to petrol are the same: Denmark sitting on third place, followed by Belgium, Holland, Britain, Italy, Greece, and Turkey. Eritrea ranks the lowest in both categories, with an average monthly income of $450.09 and the percentage of income spent on petrol of 61.10%.
