Venezuela

Compared with Uruguay, using real observed prices.

Baseline: Uruguay = 1×

Venezuela vs

Uruguay

Overall verdict

Venezuela is about 0.09× Uruguay.

Average across 3 categories, 4 items with data

The shape of prices (vs Uruguay = 1×)

How to read this

The centre line is Uruguay. 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

Uruguay Uruguay = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.46
⚡ Utilities 1 item

×0.27
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 0.5× what it does in Uruguay — 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 ×0.46

Venezuela UYU 156.55 VES 1,370

Uruguay UYU 339.00 UYU 339

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.27

Venezuela UYU 2.67 USD 0.069

Uruguay UYU 9.87 USD 0.255

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

Venezuela UYU 1.35 USD 0.035

Uruguay UYU 85.58 USD 2.211

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

Venezuela UYU 0.15 USD 0.004

Uruguay UYU 56.63 USD 1.463

Observed 2026-07-20 · GlobalPetrolPrices.com