South Africa
Compared with Venezuela, using real observed prices.
Baseline: Venezuela = 1×
Overall verdict
South Africa is about 7.00×
Venezuela.
Average across 3 categories, 5 items with data
The shape of prices (vs
Venezuela = 1×)
How to read this
The centre line is Venezuela. A bar running right means South Africa 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×
South Africa is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In South Africa, Diesel 1L costs 417.5× what it does in Venezuela — but Big Mac costs only 0.8×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×417.50
South Africa VES 565.67 USD 1.67
Venezuela VES 1.35 USD 0.004
-
Gasoline 1L 1 L ×44.54
South Africa VES 528.07 USD 1.559
Venezuela VES 11.86 USD 0.035
-
Electricity 1kWh (household) 1 kWh ×3.03
South Africa VES 70.79 USD 0.209
Venezuela VES 23.37 USD 0.069
-
Big Mac 1 burger ×0.83
South Africa VES 1,137 ZAR 54.9
Venezuela VES 1,370 VES 1,370
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+64%
in ZAR
33.5 → 54.9
33.5 → 54.9
vs
At today's rateUsing today's exchange rate
-100%
in VES
It rose 64% in local currency, but -100% in yours. Most of what you feel is the exchange rate, not South Africa's inflation.