10 Countries With Most Expensive Diesel Prices


8. Israel

Average Price For Litre Of Diesel: 107.62

Percentage Of Income Spent On Diesel: 9.47 Percent

Israel is considered one of the most advanced countries in Southwest Asia in economic and industrial development. In 2010, it joined the OECD.  The country is ranked 3rd in the region on the World Bank's Ease of Doing Business Index as well as in the World Economic Forum's Global Competitiveness Report. It has the second-largest number of startup companies in the world (after the United States) and the largest number of NASDAQ-listed companies outside North America.

7. Iceland

Average Price For Litre Of Diesel: 108.49

Percentage Of Income Spent On Diesel: 8.97 Percent

In 2007, Iceland was the seventh most productive country in the world per capita ($54,858), and the fifth most productive by GDP at purchasing power parity ($40,112). Except for its abundant hydroelectric and geothermal power, Iceland lacks natural resources; historically its economy depended heavily on fishing, which still provides 40 percent of export earnings and employs 7 percent of the work force. Iceland is ranked 27th in the 2012 Index of Economic Freedom, lower than in prior years but still among the freest in the world.   As of 2012, it ranks 30th in the World Economic Forum's Global Competitive Index, one place higher than in 2011. According to INSEAD's Global Innovation Index, Iceland is the 11th most innovative country in the world.