China

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

China vs

Venezuela

Overall verdict

China is about 4.54× Venezuela.

Average across 3 categories, 7 items with data

The shape of prices (vs Venezuela = 1×)

How to read this

The centre line is Venezuela. A bar running right means China 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×

China is pricier →

⛽ Transport 2 items

×93.81
⚡ Utilities 1 item

×1.10
🍔 Food & Dining 1 item

×0.91

Thin bar shows the range (cheapest to priciest item in the category)

In China, Diesel 1L costs 261.3× what it does in Venezuela — but Big Mac costs only 0.9×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×261.25

China VES 353.97 USD 1.045

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×33.69

China VES 399.36 USD 1.179

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×1.10

China VES 25.74 USD 0.076

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.91

China VES 1,241 CNY 25.5

Venezuela VES 1,370 VES 1,370

Observed 2026-01-01 · The Economist Big Mac Index