Indonesia ranks ninth among countries with the cheapest fuel prices globally. According to data released by Bloomberg, Indonesian fuel prices are approximately US$0.59 or Rp 7,723 per liter. Out of 61 countries, Venezuela has the cheapest fuel at US$0.01 or Rp 130 per liter.
Despite being in the top ten for cheapest fuel prices, Bloomberg assesses that this price is still not affordable enough for most Indonesians. With an average income of US$10.16 or Rp 133,000 per day, Indonesians must allocate 5.83 percent of their daily income to fuel. Furthermore, Indonesian drivers must spend an average of 118.71 liters of fuel annually. This figure equates to 1.9 percent of their average total annual salary.
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