Venezuela
Compared with Canada, using real observed prices.
Baseline: Canada = 1×
Overall verdict
Venezuela is about 0.15×
Canada.
Average across 3 categories, 4 items with data
The shape of prices (vs
Canada = 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
Canada
Canada = 1×
Venezuela is pricier →
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
Venezuela C$5.62 VES 1,370
Canada C$7.70 CAD 7.7
-
Electricity 1kWh (household) 1 kWh ×0.56
Venezuela C$0.10 USD 0.069
Canada C$0.17 USD 0.123
-
Gasoline 1L 1 L ×0.02
Venezuela C$0.05 USD 0.035
Canada C$2.03 USD 1.426
-
Diesel 1L 1 L ×0.00
Venezuela C$0.01 USD 0.004
Canada C$2.19 USD 1.54
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
-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.