But not all numbers are negative in the American region: Cuba and Bolivia they maintained their prices during the first semester due to the regulation strategy. Colombia and Ecuador they are the only two countries that managed to reduce the value of gasoline: -0.2% and -0.1% respectively.
Argentine fuel, one of the lowest
According to the consultant Picodi, Argentine gasoline is one of the cheapest in the American continent: It is ranked 18th out of 21 countries, with a price of $1.04. Colombia (US$0.61) and Bolivia (US$0.54)two of the countries that decreased or maintained the percentage value, enjoy the cheapest fuel.
In 2021, Argentina faced an increase of 49% and the average price in the first half of that year was 0.91 dollars, which placed it in position 9 among 22 countries.
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liters of gasoline per salary average in Argentina
The average salary in Argentina is $55,512 gross and represents 360 liters of gasoline in terms of the national salary, according to data from the National Institute of Statistics and Censuses (Indec). Compared to the previous year’s rate, the purchasing power of the Argentine average salary increased slightly.
Thus, an increase can be seen with respect to the previous year in terms of the gasoline index per average salary in Argentina:
- 2019 – 607 liters
- 2020 – 430 liters
- 2021 – 311 liters
- 2022 – 360 liters
Source: Ambito
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