The prices of fuel at the gas station go up and up and up. Motorists have to work longer for a liter of petrol than they did a year ago.
The Fuel prices of more than 2 euros per liter make drivers frown with anger and worry. A noticeable decline is currently not in sight. payment service provider The report of Statista investigated the question of how long an employee currently has to work for one liter of petrol.
Last year less than 5 minutes for petrol
The result is: as long as never before in the past 50 years. The Statista graphic based on data from the Federal Statistical Office and the Mineral Oil Industry Association shows that it currently takes more than 6 minutes for a liter at a price of 2,23 euros (as of March 16.3.2022, 2021). For comparison: In 3,5, this only took a little less than four and a half minutes. In the first year of the pandemic, it was just a little over XNUMX minutes due to the sharp drop in petrol prices.
In 1972, at the beginning of the survey, it took less than 5 minutes of work (4,91 min) to earn the money for a liter of fuel. The relationship between working hours and the price of fuel was at its best at the end of the 80s. At that time it was enough to work 3 minutes on average to be able to afford a liter of petrol.
For their calculation, the statisticians used the average price per liter of super in relation to the average hourly wage. Over the past 50 years it has become clear that although petrol has become more and more expensive, the time required to buy a liter has not increased to the same extent due to the increased level of earnings. In the 1970s, this was between 4 and 7 euros per hour worked in euros, in 2021 (as of the third quarter of 3) an average of 2021 euros.