Venezuela
Compared with South Africa, using real observed prices.
Baseline: 
South Africa = 1×
Venezuela
vs
South Africa
Overall verdict
Venezuela is about 0.14× South Africa.
Average across 3 categories, 4 items with data
The shape of prices (vs South Africa = 1×)
How to read this
The centre line is South Africa. 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 South Africa
South Africa = 1×
Venezuela is pricier →
South Africa
South Africa = 1×
Venezuela is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Venezuela, Big Mac costs 1.2× what it does in South Africa — 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 ×1.20Venezuela
ZAR 66.12
VES 1,370South Africa
ZAR 54.90
ZAR 54.9
-
Electricity 1kWh (household) 1 kWh ×0.33Venezuela
ZAR 1.16
USD 0.069South Africa
ZAR 3.51
USD 0.209
-
Gasoline 1L 1 L ×0.02Venezuela
ZAR 0.58
USD 0.035South Africa
ZAR 25.62
USD 1.559
-
Diesel 1L 1 L ×0.00Venezuela
ZAR 0.07
USD 0.004South Africa
ZAR 27.44
USD 1.67
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
+2%
in ZAR
It rose -100% in local currency, but 2% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.
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