Venezuela

Compared with Denmark, using real observed prices.

Baseline: Denmark = 1×

Venezuela vs

Denmark

Overall verdict

Venezuela is about 0.08× Denmark.

Average across 3 categories, 4 items with data

The shape of prices (vs Denmark = 1×)

How to read this

The centre line is Denmark. 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

Denmark Denmark = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.57
⚡ Utilities 1 item

×0.19
⛽ Transport 2 items

×0.00

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

In Venezuela, Big Mac costs 0.6× what it does in Denmark — 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 ×0.57

Venezuela DKK 26.05 VES 1,370

Denmark DKK 46.00 DKK 46

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.19

Venezuela DKK 0.44 USD 0.069

Denmark DKK 2.29 USD 0.355

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.01

Venezuela DKK 0.23 USD 0.035

Denmark DKK 17.91 USD 2.728

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

Venezuela DKK 0.03 USD 0.004

Denmark DKK 18.11 USD 2.758

Observed 2026-07-20 · GlobalPetrolPrices.com