Venezuela

Compared with United Kingdom, using real observed prices.

Baseline: United Kingdom = 1×

Venezuela vs

United Kingdom

Overall verdict

Venezuela is about 0.08× United Kingdom.

Average across 3 categories, 4 items with data

The shape of prices (vs United Kingdom = 1×)

How to read this

The centre line is United Kingdom. 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

United Kingdom United Kingdom = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.57
⚡ Utilities 1 item

×0.17
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 0.6× what it does in United Kingdom — 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 ×0.57

Venezuela £3.02 VES 1,370

United Kingdom £5.29 GBP 5.29

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.17

Venezuela £0.05 USD 0.069

United Kingdom £0.30 USD 0.402

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

Venezuela £0.03 USD 0.035

United Kingdom £1.54 USD 2.037

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

Venezuela £0.00 USD 0.004

United Kingdom £1.69 USD 2.235

Observed 2026-07-20 · GlobalPetrolPrices.com