Venezuela

Compared with Thailand, using real observed prices.

Baseline: Thailand = 1×

Venezuela vs

Thailand

Overall verdict

Venezuela is about 0.17× Thailand.

Average across 3 categories, 4 items with data

The shape of prices (vs Thailand = 1×)

How to read this

The centre line is Thailand. 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

Thailand Thailand = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.94
⚡ Utilities 1 item

×0.54
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 0.9× what it does in Thailand — 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 ×0.94

Venezuela ฿126.98 VES 1,370

Thailand ฿135.00 THB 135

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.54

Venezuela ฿2.24 USD 0.069

Thailand ฿4.13 USD 0.127

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.03

Venezuela ฿1.17 USD 0.035

Thailand ฿44.54 USD 1.334

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

Venezuela ฿0.13 USD 0.004

Thailand ฿34.59 USD 1.036

Observed 2026-07-20 · GlobalPetrolPrices.com