Venezuela

Compared with Russia, using real observed prices.

Baseline: Russia = 1×

Venezuela vs

Russia

Overall verdict

Venezuela is about 0.30× Russia.

Average across 3 categories, 4 items with data

The shape of prices (vs Russia = 1×)

How to read this

The centre line is Russia. 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

Russia Russia = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×2.32
⚡ Utilities 1 item

×1.00
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 2.3× what it does in Russia — 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 ×2.32

Venezuela RUB 424.68 VES 1,370

Russia RUB 135.00 RUB 135

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×1.00

Venezuela RUB 7.25 USD 0.069

Russia RUB 7.25 USD 0.069

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

Venezuela RUB 3.68 USD 0.035

Russia RUB 97.13 USD 0.925

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

Venezuela RUB 0.42 USD 0.004

Russia RUB 108.88 USD 1.037

Observed 2026-07-20 · GlobalPetrolPrices.com