As of May 2022, the price of one liter of gasoline in Nicaragua represented around 14 percent of the average daily income of individuals in the country, more than in any other Latin American country that year. On the other side of the spectrum, one liter of gasoline in Venezuela cost some 1.3 percent of the average daily income in the country. This can be contextualized as relating to the fact that Venezuela accounts for the largest share of global oil reserves.
Price of gasoline as a share of average daily income in selected Latin American countries as of May 2022
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Visual Capitalist. (June 22, 2022). Price of gasoline as a share of average daily income in selected Latin American countries as of May 2022 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1361385/price-of-gasoline-as-a-share-of-daily-income-in-latin-american-countries/
Visual Capitalist. "Price of gasoline as a share of average daily income in selected Latin American countries as of May 2022." Chart. June 22, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1361385/price-of-gasoline-as-a-share-of-daily-income-in-latin-american-countries/
Visual Capitalist. (2022). Price of gasoline as a share of average daily income in selected Latin American countries as of May 2022. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1361385/price-of-gasoline-as-a-share-of-daily-income-in-latin-american-countries/
Visual Capitalist. "Price of Gasoline as a Share of Average Daily Income in Selected Latin American Countries as of May 2022." Statista, Statista Inc., 22 Jun 2022, https://www.statista.com/statistics/1361385/price-of-gasoline-as-a-share-of-daily-income-in-latin-american-countries/
Visual Capitalist, Price of gasoline as a share of average daily income in selected Latin American countries as of May 2022 Statista, https://www.statista.com/statistics/1361385/price-of-gasoline-as-a-share-of-daily-income-in-latin-american-countries/ (last visited November 04, 2024)
Price of gasoline as a share of average daily income in selected Latin American countries as of May 2022 [Graph], Visual Capitalist, June 22, 2022. [Online]. Available: https://www.statista.com/statistics/1361385/price-of-gasoline-as-a-share-of-daily-income-in-latin-american-countries/
