Venezuela

Compared with Italy, using real observed prices.

Baseline: Italy = 1×

Venezuela vs

Italy

Overall verdict

Venezuela is about 0.03× Italy.

Average across 2 categories, 4 items with data

The shape of prices (vs Italy = 1×)

How to read this

The centre line is Italy. 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

Italy Italy = 1×

Venezuela is pricier →

⚡ Utilities 1 item

×0.17
⛽ Transport 2 items

×0.01

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

In Venezuela, Electricity 1kWh (household) costs 0.2× what it does in Italy — but Diesel 1L costs only 0.0×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Electricity 1kWh (household) 1 kWh ×0.17

Venezuela €0.06 USD 0.069

Italy €0.36 USD 0.414

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

Venezuela €0.03 USD 0.035

Italy €1.95 USD 2.22

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

Venezuela €0.00 USD 0.004

Italy €2.11 USD 2.407

Observed 2026-07-20 · GlobalPetrolPrices.com