While it’s one of the cheapest places in the world for petrol, the UAE is among the most expensive in the GCC, according to a new survey.
Online car marketplace Carmundi, in a study of petrol prices in the 19 countries it operates in, has found that the cheapest country to buy a litre of petrol in the GCC region was Saudi Arabia, where it costs $0.15 per litre, while in Qatar is costs $0.26 per litre. The cost of a litre in the UAE was $0.47, according to the survey based on Q2 2015 prices.
The cost of filling a vehicle at the petrol pumps in the GCC remains exceptionally low.
The Carmundi survey found that the percentage of income needed to buy a single litre of petrol in Qatar was 0.07 percent. Saudi Arabia 0.10 percent and UAE 0.28 percent, which compares with 21.35 percent in Pakistan, 43.84 percent in Sri Lanka ($0.96 a litre) and 112.69 percent in the Democratic Republic of Congo ($1.51 a litre).