Venezuela

Compared with Indonesia, using real observed prices.

Baseline: Indonesia = 1×

Venezuela vs

Indonesia

Overall verdict

Venezuela is about 0.24× Indonesia.

Average across 3 categories, 4 items with data

The shape of prices (vs Indonesia = 1×)

How to read this

The centre line is Indonesia. 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

Indonesia Indonesia = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×1.61
⚡ Utilities 1 item

×0.77
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 1.6× what it does in Indonesia — 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 ×1.61

Venezuela IDR 68,293 VES 1,370

Indonesia IDR 42,500 IDR 42,500

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.77

Venezuela IDR 1,167 USD 0.069

Indonesia IDR 1,522 USD 0.09

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.04

Venezuela IDR 629 USD 0.035

Indonesia IDR 17,045 USD 0.949

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

Venezuela IDR 72 USD 0.004

Indonesia IDR 21,392 USD 1.191

Observed 2026-07-20 · GlobalPetrolPrices.com