Venezuela

Compared with Malaysia, using real observed prices.

Baseline: Malaysia = 1×

Venezuela vs

Malaysia

Overall verdict

Venezuela is about 0.28× Malaysia.

Average across 3 categories, 4 items with data

The shape of prices (vs Malaysia = 1×)

How to read this

The centre line is Malaysia. 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

Malaysia Malaysia = 1×

Venezuela is pricier →

⚡ Utilities 1 item

×1.38
🍔 Food & Dining 1 item

×1.19
⛽ Transport 2 items

×0.01

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

In Venezuela, Electricity 1kWh (household) costs 1.4× what it does in Malaysia — 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 ×1.38

Venezuela MYR 0.28 USD 0.069

Malaysia MYR 0.20 USD 0.05

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.19

Venezuela MYR 16.40 VES 1,370

Malaysia MYR 13.75 MYR 13.75

Observed 2026-01-01 · The Economist Big Mac Index
Gasoline 1L 1 L ×0.04

Venezuela MYR 0.14 USD 0.035

Malaysia MYR 3.42 USD 0.836

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

Venezuela MYR 0.02 USD 0.004

Malaysia MYR 4.07 USD 0.995

Observed 2026-07-20 · GlobalPetrolPrices.com