Belgium
Compared with Venezuela, using real observed prices.
Baseline: Venezuela = 1×
Overall verdict
Belgium is about 33.36×
Venezuela.
Average across 2 categories, 6 items with data
The shape of prices (vs
Venezuela = 1×)
How to read this
The centre line is Venezuela. A bar running right means Belgium is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Venezuela
Venezuela = 1×
Belgium is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Belgium, Diesel 1L costs 590.0× what it does in Venezuela — but Electricity 1kWh (household) costs only 5.9×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×590.00
Belgium VES 799.39 USD 2.36
Venezuela VES 1.35 USD 0.004
-
Gasoline 1L 1 L ×60.66
Belgium VES 719.11 USD 2.123
Venezuela VES 11.86 USD 0.035
-
Electricity 1kWh (household) 1 kWh ×5.88
Belgium VES 137.52 USD 0.406
Venezuela VES 23.37 USD 0.069