Lebanon

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Lebanon vs

Venezuela

Overall verdict

Lebanon is about 11.23× Venezuela.

Average across 2 categories, 3 items with data

The shape of prices (vs Venezuela = 1×)

How to read this

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

Lebanon is pricier →

⛽ Transport 2 items

×95.18
🍔 Food & Dining 1 item

×1.33

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

In Lebanon, Diesel 1L costs 266.3× what it does in Venezuela — but Big Mac costs only 1.3×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×266.25

Lebanon VES 360.74 USD 1.065

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×34.03

Lebanon VES 403.42 USD 1.191

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.33

Lebanon VES 1,816 LBP 480,000

Venezuela VES 1,370 VES 1,370

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