10 Countries With Most Expensive Diesel Prices

Bangalore: Norway is considered as the costliest nation in the world to buy diesel, according to a research compiled by Evans Halshaw. Let’s have a look at world’s costliest nation where buying diesel can burn your wallets.

10. Finland

Average Price Of Litre Of Diesel: 104.1227

Percentage Of Income Spent On Diesel: 6.77 Percent

Finland has a highly industrialized mixed economy with a per capita output equal to that of other European economies such as France, Germany, Belgium or the UK. The largest sector of the economy is services at 66 percent, followed by manufacturing and refining at 31 percent. Primary production is 2.9 percent. With respect to foreign trade, the key economic sector is manufacturing. The largest industries are electronics (22 percent), machinery, vehicles and other engineered metal products (21.1 percent), forest industry (13 percent) and chemicals (11 percent).

9. Denmark

Average Price For Litre Of Diesel: 105

Percentage Of Income Spent On Diesel: 5.57 Percent

Denmark has a modern, prosperous and developed mixed market economy, ranking 16th in the world in terms of GDP (PPP) per capita and 5th in nominal GDP per capita. A liberalization of import tariffs in 1797 marked the end of mercantilism and further liberalization in the 19th and the beginning of the 20th century established the Danish liberal tradition in international trade that was only to be broken by the 1930s. Property rights have enjoyed strong protection. Denmark's economy stands out as one of the most free in the Index of Economic Freedom and the Economic Freedom of the World. The economy has high levels of international trade and Denmark is known as a free trade advocate in the European Union. Denmark is one of the most competitive economies in the world according to World Economic Forum 2008 report, IMD and The Economist.