TurkeyTurkey

Venezuela

Compared with Turkey, using real observed prices.

Baseline: TurkeyTurkey = 1×

VenezuelaVenezuela vs TurkeyTurkey
Overall verdict

VenezuelaVenezuela is about 0.18× TurkeyTurkey.

Average across 3 categories, 4 items with data

The shape of prices (vs TurkeyTurkey = 1×)

How to read this

The centre line is Turkey. 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 TurkeyTurkey Turkey = 1× VenezuelaVenezuela is pricier →
  • Utilities 1 item
    ×1.03
  • 🍔 Food & Dining 1 item
    ×0.69
  • Transport 2 items
    ×0.01

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

In Venezuela, Electricity 1kWh (household) costs 1.0× what it does in Turkey — 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 ×1.03
    VenezuelaVenezuela TRY 3.07 USD 0.069
    TurkeyTurkey TRY 2.98 USD 0.067
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Big Mac 1 burger ×0.69
    VenezuelaVenezuela TRY 174.70 VES 1,370
    TurkeyTurkey TRY 255.00 TRY 255
    Observed 2026-01-01 · The Economist Big Mac Index
  • Gasoline 1L 1 L ×0.03
    VenezuelaVenezuela TRY 1.63 USD 0.035
    TurkeyTurkey TRY 64.97 USD 1.392
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×0.00
    VenezuelaVenezuela TRY 0.19 USD 0.004
    TurkeyTurkey TRY 73.42 USD 1.573
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed Venezuela

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
-100%
in VES
16020000 → 1370
vs
At today's rateUsing today's exchange rate
+361%
in TRY

It rose -100% in local currency, but 361% in yours. Most of what you feel is the exchange rate, not Venezuela's inflation.