Venezuela
Compared with Saudi Arabia, using real observed prices.
Baseline: Saudi Arabia = 1×
Overall verdict
Venezuela is about 0.28×
Saudi Arabia.
Average across 3 categories, 4 items with data
The shape of prices (vs
Saudi Arabia = 1×)
How to read this
The centre line is Saudi Arabia. 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
Saudi Arabia
Saudi Arabia = 1×
Venezuela is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Venezuela, Electricity 1kWh (household) costs 1.3× what it does in Saudi Arabia — 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 ×1.33
Venezuela SAR 0.26 USD 0.069
Saudi Arabia SAR 0.20 USD 0.052
-
Big Mac 1 burger ×0.80
Venezuela SAR 15.17 VES 1,370
Saudi Arabia SAR 19.00 SAR 19
-
Gasoline 1L 1 L ×0.06
Venezuela SAR 0.13 USD 0.035
Saudi Arabia SAR 2.33 USD 0.62
-
Diesel 1L 1 L ×0.01
Venezuela SAR 0.02 USD 0.004
Saudi Arabia SAR 1.79 USD 0.477
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
-9%
in SAR
It rose -100% in local currency, but -9% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.