Venezuela

Compared with Brazil, using real observed prices.

Baseline: Brazil = 1×

Venezuela vs

Brazil

Overall verdict

Venezuela is about 0.15× Brazil.

Average across 3 categories, 4 items with data

The shape of prices (vs Brazil = 1×)

How to read this

The centre line is Brazil. 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

Brazil Brazil = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.91
⚡ Utilities 1 item

×0.42
⛽ Transport 2 items

×0.01

Thin bar shows the range (cheapest to priciest item in the category)

In Venezuela, Big Mac costs 0.9× what it does in Brazil — but Diesel 1L costs only 0.0×. What is expensive here is labour, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Big Mac 1 burger ×0.91

Venezuela R$21.72 VES 1,370

Brazil R$23.90 BRL 23.9

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.42

Venezuela R$0.36 USD 0.069

Brazil R$0.85 USD 0.164

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.03

Venezuela R$0.18 USD 0.035

Brazil R$6.68 USD 1.288

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×0.00

Venezuela R$0.02 USD 0.004

Brazil R$6.70 USD 1.292

Observed 2026-07-20 · GlobalPetrolPrices.com