CanadaCanada

Venezuela

Compared with Canada, using real observed prices.

Baseline: CanadaCanada = 1×

VenezuelaVenezuela vs CanadaCanada
Overall verdict

VenezuelaVenezuela is about 0.15× CanadaCanada.

Average across 3 categories, 4 items with data

The shape of prices (vs CanadaCanada = 1×)

How to read this

The centre line is Canada. 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 CanadaCanada Canada = 1× VenezuelaVenezuela is pricier →
  • 🍔 Food & Dining 1 item
    ×0.73
  • Utilities 1 item
    ×0.56
  • Transport 2 items
    ×0.01

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

In Venezuela, Big Mac costs 0.7× what it does in Canada — 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 ×0.73
    VenezuelaVenezuela C$5.62 VES 1,370
    CanadaCanada C$7.70 CAD 7.7
    Observed 2026-01-01 · The Economist Big Mac Index
  • Electricity 1kWh (household) 1 kWh ×0.56
    VenezuelaVenezuela C$0.10 USD 0.069
    CanadaCanada C$0.17 USD 0.123
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×0.02
    VenezuelaVenezuela C$0.05 USD 0.035
    CanadaCanada C$2.03 USD 1.426
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×0.00
    VenezuelaVenezuela C$0.01 USD 0.004
    CanadaCanada C$2.19 USD 1.54
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed Venezuela

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
-100%
in VES
16020000 → 1370
vs
At today's rateUsing today's exchange rate
-1%
in CAD

It rose -100% in local currency, but -1% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.