This report tracks consumer inflation and the Consumer Price Index in Venezuela, RB, including recent values, long-term trends and international comparisons.
Consumer inflation in Venezuela, RB was 254.9% in 2016, up from 121.7% in 2015. The Consumer Price Index reached 2740.3 in 2016, representing a +2073.3% change over five years.
In the common comparison year 2016, Venezuela, RB recorded the 1st-highest consumer inflation rate among 193 economies with available data.
Venezuela, RB Consumer Prices and Inflation by Year
Data source: World Bank, World Development Indicators — Consumer Price Index (2010 = 100) (FP.CPI.TOTL); Consumer inflation, annual % (FP.CPI.TOTL.ZG).
License: CC BY-4.0. Retrieved 2026-07-12.
About the Indicators
Consumer Price Index (2010 = 100). Measures the change over time in the prices of a fixed basket of goods and services typically purchased by households, expressed as an index with the year 2010 set to 100. Compiled by national statistical agencies from regular retail price surveys.
Inflation, consumer prices, annual %. The year-on-year percentage change in the Consumer Price Index, the standard measure of how quickly the cost of living is rising or falling for the average household.