India

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

India vs

Venezuela

Overall verdict

India is about 3.98× 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 India 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×

India is pricier →

⛽ Transport 2 items

×90.57
⚡ Utilities 1 item

×1.12
🍔 Food & Dining 1 item

×0.62

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

In India, Diesel 1L costs 254.5× what it does in Venezuela — but Big Mac costs only 0.6×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×254.50

India VES 344.82 USD 1.018

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×32.23

India VES 382.08 USD 1.128

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×1.12

India VES 26.08 USD 0.077

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.62

India VES 851.55 INR 227

Venezuela VES 1,370 VES 1,370

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