5 African countries with the cheapest gas prices in 2022

The report, which examines gas prices in over 150 countries and territories, used the best-selling car across the world – the Toyota Corolla – as the car to calculate how far you can travel on $50 worth of fuel in each country.

According to data from the report, the countries with the cheapest petrol include mostly oil-rich countries, with the South American country, Venezuela, topping the chart. The country has the largest known reserves of crude oil in the world. It sells petrol at $0.03 per litre ($0.11 per gallon).

Conversely, Hong Kong has the highest price of petrol anywhere globally. The report said that the price of a gallon is $13.10 – double the global average and $1.15 more than the second most expensive place.

Let’s look at the Top 5 African countries with the cheapest gas prices

Libya ($0.15 per gallon)

Algeria ($1.46 per gallon)

Angola ($1.60 per gallon)

Nigeria ($1.82 per gallon)

Egypt ($2.37 per gallon)

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