Guatemala has the cheapest gasoline

At $0.85 per liter of regular gasoline, Guatemala has Central America’s lowest price, followed by Panama at 90 cents, according to globalpetrolprices.com.

Costa Rica has the highest price in the region, at $ 1.25.

Globally, Venezuela has the cheapest gas, at less than 2 cents per liter, while Hong Kong is the most expensive, at $ 1.96.

The average price of a liter of regular gasoline worldwide is $1.10.

Most of the variation in price among countries is due to taxes, since petroleum products cost substantially the same worldwide (numbers in parentheses indicate price per liter).

1. Guatemala ($ 0.85)
2. Panama ($ 0.90)
3. Honduras ($ 1.01)
4. El Salvador ($ 1.02)
5. Nicaragua ($ 1.17)
6. Costa Rica ($ 1.25)