Grover.com, a Berlin, Germany-based consumer electronics rental company, has released a study comparing the price of electronic goods around the world. As first-hand observers of global electronics shortages since the pandemic, the company decided to investigate further by using data to analyze how global supply chain bottlenecks and import tariffs have affected the availability and cost of electronics around the world. Grover’s Global Price Index compares the cost of in-demand electronics in light of unprecedented retail industry supply chain shortages, as well as currency fluctuations, leaving many customers either unable to find seasonal items such as gaming consoles or paying far more for their items.

Grover found that out of the 50 countries in the study, United States has the #49 most expensive electronics. On average, Argentina is the most expensive country to purchase electronics in the index, with a total deviation of 67.34 percent above the average cost of common electronic goods. Hong Kong offers the cheapest electronic items, with costs averaging at 16.46 percent below the median, followed by the U.S. and Indonesia.

Mainly due to the rise of the cryptocurrency industry, graphics cards record the highest deviation above the median price of any item, at 166.84 percent above average. Of all the electronic goods in the study, the Playstation 5 is the worst impacted by global supply shortages, with availability in only 12 out of 50 countries in brick-and-mortar stores and 18 out of 50 on e-commerce platforms.

“At Grover, we’ve witnessed the impact supply chain disruptions have had on the availability and affordability of electronic goods. Though we took proactive measures to maintain our own stock, the severity of supply chain disruption had market-wide ramifications, said Giacomo Dalle Vedove, Grover’s VP international and growth. “Technology is ubiquitous within the modern world and will only increase in importance as further advances are made. We decided to conduct this study to draw attention to the fragility of current supply chains and in the hope that these issues do not become commonplace.”