Venezuela
Compared with Belgium, using real observed prices.
Baseline: 
Belgium = 1×
Venezuela
vs
Belgium
Overall verdict
Venezuela is about 0.03× Belgium.
Average across 2 categories, 4 items with data
The shape of prices (vs Belgium = 1×)
How to read this
The centre line is Belgium. 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 Belgium
Belgium = 1×
Venezuela is pricier →
Belgium
Belgium = 1×
Venezuela is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Venezuela, Electricity 1kWh (household) costs 0.2× what it does in Belgium — 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 ×0.17Venezuela
€0.06
USD 0.069Belgium
€0.35
USD 0.406
-
Gasoline 1L 1 L ×0.02Venezuela
€0.03
USD 0.035Belgium
€1.87
USD 2.123
-
Diesel 1L 1 L ×0.00Venezuela
€0.00
USD 0.004Belgium
€2.07
USD 2.36
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
-7%
in EUR
It rose -100% in local currency, but -7% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.
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