Italy
Compared with Venezuela, using real observed prices.
Baseline: 
Venezuela = 1×
Italy
vs
Venezuela
Overall verdict
Italy is about 34.24× 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 Italy 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×
Italy is pricier →
Venezuela
Venezuela = 1×
Italy is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Italy, Diesel 1L costs 601.8× what it does in Venezuela — but Electricity 1kWh (household) costs only 6.0×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×601.75Italy
VES 815.31
USD 2.407Venezuela
VES 1.35
USD 0.004
-
Gasoline 1L 1 L ×63.43Italy
VES 751.97
USD 2.22Venezuela
VES 11.86
USD 0.035
-
Electricity 1kWh (household) 1 kWh ×6.00Italy
VES 140.23
USD 0.414Venezuela
VES 23.37
USD 0.069
United States
United Kingdom
India
Canada
Australia
Germany