Taiwan
Compared with Venezuela, using real observed prices.
Baseline: Venezuela = 1×
Overall verdict
Taiwan is about 4.08×
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 Taiwan 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×
Taiwan is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Taiwan, Diesel 1L costs 222.5× what it does in Venezuela — but Big Mac costs only 0.6×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×222.50
Taiwan VES 301.47 USD 0.89
Venezuela VES 1.35 USD 0.004
-
Gasoline 1L 1 L ×27.66
Taiwan VES 327.89 USD 0.968
Venezuela VES 11.86 USD 0.035
-
Electricity 1kWh (household) 1 kWh ×1.42
Taiwan VES 33.20 USD 0.098
Venezuela VES 23.37 USD 0.069
-
Big Mac 1 burger ×0.61
Taiwan VES 836.96 TWD 78
Venezuela VES 1,370 VES 1,370
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+8%
in TWD
72 → 78
72 → 78
vs
At today's rateUsing today's exchange rate
-100%
in VES
It rose 8% in local currency, but -100% in yours. Most of what you feel is the exchange rate, not Taiwan's inflation.