Philippines

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Philippines vs

Venezuela

Overall verdict

Philippines is about 6.15× Venezuela.

Average across 3 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 Philippines 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×

Philippines is pricier →

⛽ Transport 2 items

×109.12
⚡ Utilities 1 item

×3.03
🍔 Food & Dining 1 item

×0.70

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

In Philippines, Diesel 1L costs 315.2× what it does in Venezuela — but Big Mac costs only 0.7×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×315.25

Philippines VES 427.13 USD 1.261

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×37.77

Philippines VES 447.80 USD 1.322

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×3.03

Philippines VES 70.79 USD 0.209

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.70

Philippines VES 962.50 PHP 169

Venezuela VES 1,370 VES 1,370

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