VenezuelaVenezuela

Taiwan

Compared with Venezuela, using real observed prices.

Baseline: VenezuelaVenezuela = 1×

TaiwanTaiwan vs VenezuelaVenezuela
Overall verdict

TaiwanTaiwan is about 4.08× VenezuelaVenezuela.

Average across 3 categories, 7 items with data

The shape of prices (vs VenezuelaVenezuela = 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 VenezuelaVenezuela Venezuela = 1× TaiwanTaiwan is pricier →
  • Transport 2 items
    ×78.45
  • Utilities 1 item
    ×1.42
  • 🍔 Food & Dining 1 item
    ×0.61

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
    TaiwanTaiwan VES 301.47 USD 0.89
    VenezuelaVenezuela VES 1.35 USD 0.004
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×27.66
    TaiwanTaiwan VES 327.89 USD 0.968
    VenezuelaVenezuela VES 11.86 USD 0.035
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Electricity 1kWh (household) 1 kWh ×1.42
    TaiwanTaiwan VES 33.20 USD 0.098
    VenezuelaVenezuela VES 23.37 USD 0.069
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Big Mac 1 burger ×0.61
    TaiwanTaiwan VES 836.96 TWD 78
    VenezuelaVenezuela VES 1,370 VES 1,370
    Observed 2026-01-01 · The Economist Big Mac Index

See what really changed Taiwan

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+8%
in TWD
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.