Venezuela

Compared with Ukraine, using real observed prices.

Baseline: Ukraine = 1×

Venezuela vs

Ukraine

Overall verdict

Venezuela is about 0.19× Ukraine.

Average across 3 categories, 4 items with data

The shape of prices (vs Ukraine = 1×)

How to read this

The centre line is Ukraine. 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

Ukraine Ukraine = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×1.27
⚡ Utilities 1 item

×0.82
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 1.3× what it does in Ukraine — 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 ×1.27

Venezuela UAH 176.14 VES 1,370

Ukraine UAH 139.00 UAH 139

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.82

Venezuela UAH 3.00 USD 0.069

Ukraine UAH 3.66 USD 0.084

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

Venezuela UAH 1.52 USD 0.035

Ukraine UAH 77.48 USD 1.779

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

Venezuela UAH 0.17 USD 0.004

Ukraine UAH 79.52 USD 1.826

Observed 2026-07-20 · GlobalPetrolPrices.com