Vietnam

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Vietnam vs

Venezuela

Overall verdict

Vietnam is about 3.88× Venezuela.

Average across 3 categories, 6 items with data

The shape of prices (vs Venezuela = 1×)

How to read this

The centre line is Venezuela. A bar running right means Vietnam 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

Venezuela Venezuela = 1×

Vietnam is pricier →

⛽ Transport 2 items

×72.05
⚡ Utilities 1 item

×1.13
🍔 Food & Dining 1 item

×0.72

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

In Vietnam, Diesel 1L costs 223.8× what it does in Venezuela — but Big Mac costs only 0.7×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×223.75

Vietnam VES 303.16 USD 0.895

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×23.20

Vietnam VES 275.05 USD 0.812

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×1.13

Vietnam VES 26.42 USD 0.078

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.72

Vietnam VES 979.98 VND 76,000

Venezuela VES 1,370 VES 1,370

Observed 2026-01-01 · The Economist Big Mac Index