Venezuela
Compared with Netherlands, using real observed prices.
Baseline: Netherlands = 1×
Overall verdict
Venezuela is about 0.03×
Netherlands.
Average across 2 categories, 4 items with data
The shape of prices (vs
Netherlands = 1×)
How to read this
The centre line is Netherlands. 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
Netherlands
Netherlands = 1×
Venezuela is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Venezuela, Electricity 1kWh (household) costs 0.2× what it does in Netherlands — 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 ×0.24
Venezuela €0.06 USD 0.069
Netherlands €0.25 USD 0.286
-
Gasoline 1L 1 L ×0.01
Venezuela €0.03 USD 0.035
Netherlands €2.32 USD 2.638
-
Diesel 1L 1 L ×0.00
Venezuela €0.00 USD 0.004
Netherlands €2.18 USD 2.48
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
-100%
in VES
16020000 → 1370
16020000 → 1370
vs
At today's rateUsing today's exchange rate
-7%
in EUR
It rose -100% in local currency, but -7% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.