Colombia

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Colombia vs

Venezuela

Overall verdict

Colombia is about 7.50× Venezuela.

Average across 3 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 Colombia 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×

Colombia is pricier →

⛽ Transport 2 items

×91.64
⚡ Utilities 1 item

×3.00
🍔 Food & Dining 1 item

×1.54

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

In Colombia, Diesel 1L costs 228.8× what it does in Venezuela — but Big Mac costs only 1.5×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×228.75

Colombia VES 309.93 USD 0.915

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×36.71

Colombia VES 435.26 USD 1.285

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×3.00

Colombia VES 70.12 USD 0.207

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.54

Colombia VES 2,104 COP 22,900

Venezuela VES 1,370 VES 1,370

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