New Zealand

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

New Zealand vs

Venezuela

Overall verdict

New Zealand is about 7.97× 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 New Zealand 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×

New Zealand is pricier →

⛽ Transport 2 items

×134.77
⚡ Utilities 1 item

×3.07
🍔 Food & Dining 1 item

×1.22

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

In New Zealand, Diesel 1L costs 353.8× what it does in Venezuela — but Big Mac costs only 1.2×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×353.75

New Zealand VES 479.30 USD 1.415

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×51.34

New Zealand VES 608.69 USD 1.797

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×3.07

New Zealand VES 71.81 USD 0.212

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.22

New Zealand VES 1,673 NZD 8.6

Venezuela VES 1,370 VES 1,370

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