Venezuela

Compared with Guatemala, using real observed prices.

Baseline: Guatemala = 1×

Venezuela vs

Guatemala

Overall verdict

Venezuela is about 0.12× Guatemala.

Average across 3 categories, 4 items with data

The shape of prices (vs Guatemala = 1×)

How to read this

The centre line is Guatemala. 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

Guatemala Guatemala = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.94
⚡ Utilities 1 item

×0.23
⛽ 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 Guatemala — 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 ×0.94

Venezuela GTQ 31.00 VES 1,370

Guatemala GTQ 33.00 GTQ 33

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.23

Venezuela GTQ 0.53 USD 0.069

Guatemala GTQ 2.29 USD 0.299

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

Venezuela GTQ 0.27 USD 0.035

Guatemala GTQ 10.79 USD 1.407

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

Venezuela GTQ 0.03 USD 0.004

Guatemala GTQ 10.78 USD 1.406

Observed 2026-07-20 · GlobalPetrolPrices.com