Canada is number six on a list that ranks which countries experienced the largest gas price increase around the globe. Canada saw prices increase 10.9 per cent in 2022 from 2021.
The research was conducted by DriveElectric, which looked at the average price of filling a tank of gas, along with the cost of driving approximately 161 kilometres with a gas engine in both 2021 and 2022.
Chile slotted number one on the list with a gas price increase of 21.3 per cent, followed by the United States (18.3 per cent), United Arab Emirates (14 per cent), China (13.6 per cent), and Turkey (13.5 per cent). Below Canada, in seventh place, was Hong Kong (8 per cent), followed by Norway (3.8 per cent).
All of these countries are considered in the “red,” as all countries below experienced a decrease in fuel prices — including Austria, in eighth place (-0.7 per cent), and Saudi Arabia, in twelfth place (-2.6 per cent).
Canada is also in eighth place on a list of countries slotted based on which one has the biggest price difference between gas and electricity. The list includes data on the average cost to fill a tank of gas and to fully charge a car, based on approximately 16 and 161 kilometres (10 and 100 miles), respectively.
“Using the average calculated above [on the chart], we were able to calculate the average cost per miles for each country, for both electric and petrol, we then times that number by 100 for the rate per 100 miles,” said DriveElectric in a press release. “We then ranked each country on the price difference between electric and petrol vehicles per 100 miles.”
Hong Kong slots number one (based on around 161 kilometres or 100 miles) with 817.06 per cent, followed by Hungary, Norway, China, Turkey, South Korea, and Saudi Arabia. Canada is number eight with 496.54 per cent.
