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Belize is 27th in the list of the top countries with highest gas prices in the world

Posted: Tuesday, July 25, 2023. 12:50 pm CST.

By Rubén Morales Iglesias: Belize is ranked 27th in the list of countries with the highest gas prices in the world, according to Global Petrol Prices.

The average price for a gallon of gasoline in Belize from April 10 to July 17 was $13.86 or US$ 6.88, said Global Petrol Prices.

The source said the average price of gasoline in the world for this period was $13.48 per gallon (BZ $3.56 per litre).

“The data for the country and other countries in our database are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources,” Global Petrol Prices said, adding that they update the data every week.

Belize gasoline remained at $12.00 per gallon of regular gasoline for quite a while in Belize City before dropping to $11.88 per gallon over the last few weeks. Prices outside Belize City are higher depending on the distance from the Old Capital.

“Belize has two oil fields, the Spanish Outlook Oilfield and the Never Delay Oilfield, in production with the assistance of Belize Natural Energy Ltd., but both these fields are in decline,” Global Petrol Prices said about Belize.

The country with the cheapest gasoline is Venezuela where the fuel sells for US$0.15 per gallon.

The list of the 30 countries with most expensive gas prices, as displayed by GlobalPetrolPrices (Prices in US dollars) :

30. New Zealand $6.68
29. Croatia $6.7
28. Spain $6.72
27. Belize $6.88
26. Ireland $6.90
25. United Kingdom $6.95
24. Uruguay $6.97
23. Central African Republic $7.07
22. Sweden $7.10
21. Portugal $7.15
20. Estonia $7.16
19. San Marino $7.25
18. Belgium $7.28
17. Liechtenstein $7.34
16. Israel $7.4
15. Singapore $7.54
14. Albania $7.55
13. Germany $7.61
12. Barbados $7.63
11. France $7.70
10. Italy $7.85
9. Finland $7.89
8. Switzerland $7.91
7. Greece $7.93
6. Denmark $8.12
5. Norway $8.33
4. Netherlands $8.37
3. Monaco $8.42
2. Iceland $8.84
1. Hong Kong $11.42

 

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