Venezuela

Compared with Kuwait, using real observed prices.

Baseline: Kuwait = 1×

Venezuela vs

Kuwait

Overall verdict

Venezuela is about 0.37× Kuwait.

Average across 3 categories, 4 items with data

The shape of prices (vs Kuwait = 1×)

How to read this

The centre line is Kuwait. 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

Kuwait Kuwait = 1×

Venezuela is pricier →

⚡ Utilities 1 item

×1.73
🍔 Food & Dining 1 item

×0.89
⛽ Transport 2 items

×0.03

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

In Venezuela, Electricity 1kWh (household) costs 1.7× what it does in Kuwait — 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 ×1.73

Venezuela KWD 0.02 USD 0.069

Kuwait KWD 0.01 USD 0.04

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.89

Venezuela KWD 1.25 VES 1,370

Kuwait KWD 1.40 KWD 1.4

Observed 2026-01-01 · The Economist Big Mac Index
Gasoline 1L 1 L ×0.10

Venezuela KWD 0.01 USD 0.035

Kuwait KWD 0.10 USD 0.338

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×0.01

Venezuela KWD 0.00 USD 0.004

Kuwait KWD 0.11 USD 0.371

Observed 2026-07-20 · GlobalPetrolPrices.com