As of July 2023, Puerto Rico was the market with the highest gasoline purchasing power in Latin America and the Caribbean. At that point in time, an average salary in this Latin American nation could buy 1,696 liters of gasoline. Ecuador followed in second, with a purchasing power of 822 liters of gasoline per average net salary. Meanwhile, Cuba had the worst result in the region - the average Cuban salary could only afford 27 liters of gasoline.
Gasoline purchasing power in selected countries in Latin America and the Caribbean from July 2020 to July 2023, based on average net salary
(in liters per salary)
Characteristic
July 2020
July 2021
July 2022
July 2023
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Figures were calculated based on the average gasoline price reported between January and June 2022. The average net salary considered corresponds to the latest available data provided by the national institutes.
Figures for Venezuela were not available for 2022 and 2023.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Picodi. (July 12, 2023). Gasoline purchasing power in selected countries in Latin America and the Caribbean from July 2020 to July 2023, based on average net salary (in liters per salary) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1168039/gasoline-purchasing-power-latin-america-country/
Picodi. "Gasoline purchasing power in selected countries in Latin America and the Caribbean from July 2020 to July 2023, based on average net salary (in liters per salary)." Chart. July 12, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1168039/gasoline-purchasing-power-latin-america-country/
Picodi. (2023). Gasoline purchasing power in selected countries in Latin America and the Caribbean from July 2020 to July 2023, based on average net salary (in liters per salary). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1168039/gasoline-purchasing-power-latin-america-country/
Picodi. "Gasoline Purchasing Power in Selected Countries in Latin America and The Caribbean from July 2020 to July 2023, Based on Average Net Salary (in Liters per Salary)." Statista, Statista Inc., 12 Jul 2023, https://www.statista.com/statistics/1168039/gasoline-purchasing-power-latin-america-country/
Picodi, Gasoline purchasing power in selected countries in Latin America and the Caribbean from July 2020 to July 2023, based on average net salary (in liters per salary) Statista, https://www.statista.com/statistics/1168039/gasoline-purchasing-power-latin-america-country/ (last visited August 24, 2024)
Gasoline purchasing power in selected countries in Latin America and the Caribbean from July 2020 to July 2023, based on average net salary (in liters per salary) [Graph], Picodi, July 12, 2023. [Online]. Available: https://www.statista.com/statistics/1168039/gasoline-purchasing-power-latin-america-country/