Venezuela

Compared with Czechia, using real observed prices.

Baseline: Czechia = 1×

Venezuela vs

Czechia

Overall verdict

Venezuela is about 0.10× Czechia.

Average across 3 categories, 4 items with data

The shape of prices (vs Czechia = 1×)

How to read this

The centre line is Czechia. 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

Czechia Czechia = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.74
⚡ Utilities 1 item

×0.20
⛽ 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 Czechia — 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 ×0.74

Venezuela CZK 84.64 VES 1,370

Czechia CZK 115.00 CZK 115

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.20

Venezuela CZK 1.46 USD 0.069

Czechia CZK 7.41 USD 0.351

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.02

Venezuela CZK 0.75 USD 0.035

Czechia CZK 39.97 USD 1.876

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

Venezuela CZK 0.09 USD 0.004

Czechia CZK 36.95 USD 1.734

Observed 2026-07-20 · GlobalPetrolPrices.com