Petrol price index APAC 2019-2023, by country

Published by Leander von Kameke, Jul 31, 2023
As of June 2023, Australia had the highest petrol index across the Asia-Pacific region at 3,669 liters. In contrast, Sri Lanka's petrol index stood at 157 liters that year.
The petrol price index compares average petrol prices to average salaries in a given year. The higher the index, the more petrol can be purchased by the average salary in a country.

Amount of petrol affordable with one monthly salary in the Asia-Pacific region from 2019 to 2023, by country or territory (in liters)

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Source

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Release date

July 2023

Region

Asia, APAC

Survey time period

2019 to H1 2023

Supplementary notes

* As of June 2023
** Data available starting in 2021

Methodology:
The source states the following: "Petrol Index 2023, an annual ranking of the relation between petrol prices and salaries conducted by Picodi.com since 2019. The higher the index, the more petrol can be purchased by the average salary in the country.

The average petrol prices in 104 countries in the first half of 2023 were taken from GlobalPetrolPrices.com and other local sources. The difference between prices in June and January was calculated in local currencies. In order to calculate the “Petrol Index”, we divided the average net wage (obtained through local wage calculators) by an average price of a litre of petrol in June. For currency conversion, we used the average exchange rate data from Google Finance for June 2023."

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