VenezuelaVenezuela

Norway

Compared with Venezuela, using real observed prices.

Baseline: VenezuelaVenezuela = 1×

NorwayNorway vs VenezuelaVenezuela
Overall verdict

NorwayNorway is about 9.48× VenezuelaVenezuela.

Average across 3 categories, 6 items with data

The shape of prices (vs VenezuelaVenezuela = 1×)

How to read this

The centre line is Venezuela. A bar running right means Norway 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 VenezuelaVenezuela Venezuela = 1× NorwayNorway is pricier →
  • Transport 2 items
    ×191.61
  • Utilities 1 item
    ×2.39
  • 🍔 Food & Dining 1 item
    ×1.86

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

In Norway, Diesel 1L costs 556.8× what it does in Venezuela — but Big Mac costs only 1.9×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

  • Diesel 1L 1 L ×556.75
    NorwayNorway VES 754.34 USD 2.227
    VenezuelaVenezuela VES 1.35 USD 0.004
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×65.94
    NorwayNorway VES 781.78 USD 2.308
    VenezuelaVenezuela VES 11.86 USD 0.035
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Electricity 1kWh (household) 1 kWh ×2.39
    NorwayNorway VES 55.89 USD 0.165
    VenezuelaVenezuela VES 23.37 USD 0.069
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Big Mac 1 burger ×1.86
    NorwayNorway VES 2,546 NOK 76
    VenezuelaVenezuela VES 1,370 VES 1,370
    Observed 2026-01-01 · The Economist Big Mac Index

See what really changed Norway

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+33%
in NOK
57 → 76
vs
At today's rateUsing today's exchange rate
-100%
in VES

It rose 33% in local currency, but -100% in yours. Most of what you feel is the exchange rate, not Norway's inflation.