Kuwait

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Kuwait vs

Venezuela

Overall verdict

Kuwait is about 2.69× Venezuela.

Average across 3 categories, 4 items with data

The shape of prices (vs Venezuela = 1×)

How to read this

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

Kuwait is pricier →

⛽ Transport 2 items

×29.93
🍔 Food & Dining 1 item

×1.12
⚡ Utilities 1 item

×0.58

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

In Kuwait, Diesel 1L costs 92.8× what it does in Venezuela — but Electricity 1kWh (household) 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 ×92.75

Kuwait VES 125.67 USD 0.371

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×9.66

Kuwait VES 114.49 USD 0.338

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.12

Kuwait VES 1,538 KWD 1.4

Venezuela VES 1,370 VES 1,370

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.58

Kuwait VES 13.55 USD 0.04

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com