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Saturday 19.08.2017 | Name days: Melānija, Imanta

Latvians work nearly five time more than Danes to afford to drive 100 km by car

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUConsidering average income and average purchasing power in the country, Latvians work four and a half times longer than Danes in order to afford 100 km worth of fuel.

In order to afford 7 litres of diesel fuel to travel 100 km, Latvian, given that the average monthly salary is LVL 361 in the country, need to work three and a half hours. Danes, on the other hand, need to work for a mere 44 minutes in order to afford the same 7 litres of diesel fuel (average salary in Denmark is approximately LVL 2,000), according to calculations of Autoplius.lv experts.

Average salary in Denmark is nearly LVL 2,000, nearly five times larger than that of Latvia. Diesel fuel costs LVL 1.092 per 1 litre in Denmark. Diesel fuel in Denmark costs only 18 santim more than it does in Latvia (LVL 0.9121).

“The calculation is simple – if there were 24 work days in Latvia and Denmark this October (192 hours of work), it means Danes earned LVL 10.50 per each hour of work, while Latvians earned approximately LVL 1.88 per each work hour. This means Danes need to work a total of 44 minutes in order to be able to afford 7 litres of diesel fuel. Latvians, on the other hand, need to work for a total of 3 hours and 23 minutes in order to be able to afford the same amount of diesel fuel,” – said Autoplius.lv sales manager Andris Mālnieks.

“If Latvians drive approximately 1,000 km in one month, diesel fuel expenses only eat up one-sixth of their monthly income – LVL 64 or 4.5 work days. Danes “secure” their transport costs in a matter of less than a single work day,” – he added.

“The gap between average remuneration and daily transport costs in Latvia, in comparison with other European countries, will only grow. It is planned to increase excise tax on LPG by 25.5% starting January 1, 2014. It is rumoured in the industry that this will increase the price of LPG by 1.5 santim. Cars that are fitted with LPG equipment have become rather popular in Latvia these past couple of years. Compared to other Baltic countries, LPG is the cheapest in Latvia – LVL 0.4090 per 1 litre. LPG costs LVL 0.5003 in Lithuania and LVL 0.509 in Estonia,” – he commented.

Petrol prices also differ in Latvia, Lithuania and Estonia. Estonians, who have the highest average salary among Baltic States, pay for A95 petrol brand than Latvians and Lithuanians – LVL 0.8869. The price of this petrol brand in Latvia and Lithuania is approximately LVL 0.9567.

Ref: 102.109.109.9952


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