Venezuela

Compared with Switzerland, using real observed prices.

Baseline: Switzerland = 1×

Venezuela vs

Switzerland

Overall verdict

Venezuela is about 0.07× Switzerland.

Average across 3 categories, 4 items with data

The shape of prices (vs Switzerland = 1×)

How to read this

The centre line is Switzerland. 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

Switzerland Switzerland = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.45
⚡ Utilities 1 item

×0.19
⛽ Transport 2 items

×0.00

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

In Venezuela, Big Mac costs 0.4× what it does in Switzerland — 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 ×0.45

Venezuela CHF 3.25 VES 1,370

Switzerland CHF 7.30 CHF 7.3

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.19

Venezuela CHF 0.05 USD 0.069

Switzerland CHF 0.29 USD 0.367

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.02

Venezuela CHF 0.03 USD 0.035

Switzerland CHF 1.87 USD 2.307

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

Venezuela CHF 0.00 USD 0.004

Switzerland CHF 2.09 USD 2.58

Observed 2026-07-20 · GlobalPetrolPrices.com