Venezuela
Compared with Azerbaijan, using real observed prices.
Baseline: Azerbaijan = 1×
Overall verdict
Venezuela is about 0.30×
Azerbaijan.
Average across 3 categories, 4 items with data
The shape of prices (vs
Azerbaijan = 1×)
How to read this
The centre line is Azerbaijan. A bar running right means Venezuela 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
Azerbaijan
Azerbaijan = 1×
Venezuela is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Venezuela, Electricity 1kWh (household) costs 1.4× what it does in Azerbaijan — but Diesel 1L costs only 0.0×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×1.44
Venezuela AZN 0.12 USD 0.069
Azerbaijan AZN 0.08 USD 0.048
-
Big Mac 1 burger ×1.04
Venezuela AZN 6.89 VES 1,370
Azerbaijan AZN 6.65 AZN 6.65
-
Gasoline 1L 1 L ×0.05
Venezuela AZN 0.06 USD 0.035
Azerbaijan AZN 1.15 USD 0.676
-
Diesel 1L 1 L ×0.01
Venezuela AZN 0.01 USD 0.004
Azerbaijan AZN 1.10 USD 0.647
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
-100%
in VES
16020000 → 1370
16020000 → 1370
vs
At today's rateUsing today's exchange rate
-9%
in AZN
It rose -100% in local currency, but -9% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.