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UK has the world’s fourth most expensive diesel

Diesel in the UK is the fourth most expensive in the world, new figures have revealed. Research by this is Money and Looking4Parking.com show the average price of diesel in Britain is £1.41 per litre – just 9p shy of Norway, which has the most expensive diesel on the planet.

Diesel in 'bloody expensive' shocker
Diesel in ‘bloody expensive’ shocker

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Norway, Italy, Turkey and the UK rounded out the top four most expensive nations, while Israel, Sweden, Denmark, Iceland and Finland were shown to offer lower rates for the fuel. Ireland and Germany were the best of a bad bunch, with diesel prices quoted as being £1.26 per litre.

It’s not all bad news for Brits, however. The study suggests UK motorists only spend 7.9 per cent of their monthly income after tax on diesel. Diesel in Turkey, which has the third highest diesel prices in the world, accounts for a huge 25.8 per cent of monthly post-tax income.

Diesel in Norway, by way of contrast, accounts for 5.2 per cent of monthly spend.

The full top 10 list of the world’s highest diesel prices are listed below, with fuel spend calculations based on 833.33 miles per month at 40mpg. Nine out of the 10 most expensive nations are European, with the highest proportion being Scandinavian.

The Most Expensive Diesel nations

10. Ireland And Germany (tied)

Price of diesel per litre: 126p

Average monthly disposable income after tax (Germany): £1728.50

Average monthly disposable income after tax (Ireland): £1703.09*

Average monthly diesel expenditure: £119.32**

Percentage of monthly income spent on diesel (Germany): 6.9%

Percentage of monthly income spent on diesel (Ireland): 7%

9. Finland

Price of diesel per litre: 128p

Average monthly disposable income after tax: £1788.24

Average monthly diesel expenditure: £121.22

Percentage of monthly income spent on diesel: 6.8%

8. Iceland

Price of diesel per litre: 131p

Average monthly disposable income after tax: £1322.85

Average monthly diesel expenditure: £124.06

Percentage of monthly income spent on diesel: 9.4%

7. Demark

Price of diesel per litre: 133p

Average monthly disposable income after tax: £2177.32

Average monthly diesel expenditure: £125.95

Percentage of monthly income spent on diesel: 5.8%

6. Sweden

Price of diesel per litre: 135p

Average monthly disposable income after tax: £1962.31

Average monthly diesel expenditure: £127.85

Percentage of monthly income spent on diesel: 6.5%

5. Israel

Price of diesel per litre: 138p

Average monthly disposable income after tax: £1170.28

Average monthly diesel expenditure: £130.69

Percentage of monthly income spent on diesel: 11.2%

4. United Kingdom

Price of diesel per litre:  141p

Average monthly disposable income after tax: £1700

Average monthly diesel expenditure: £133.53

Percentage of monthly income spent on diesel: 7.9%

3. Turkey

Price of diesel per litre:  144p

Average monthly disposable income after tax: £528.56

Average monthly diesel expenditure: £136.37

Percentage of monthly income spent on diesel: 25.8%

2. Italy

Price of diesel per litre:  147p

Average monthly disposable income after tax: £1366.15

Average monthly diesel expenditure: £139.21

Percentage of monthly income spent on diesel: 10.2%

1. Norway

Price of diesel per litre:  150p

Average monthly disposable income after tax: £2707

Average monthly diesel expenditure: £142.05

Percentage of monthly income spent on diesel: 5.2%

 

Via: MSN Cars

Image: Flickr

 

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