Inflation Rate in Venezuela decreased to 317.60 percent in September from 394.80 percent in August of 2023. source: Banco Central De Venezuela

Inflation Rate in Venezuela averaged 3633.79 percent from 1973 until 2023, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. This page provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2023.

Inflation Rate in Venezuela is expected to be 385.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Venezuela Inflation Rate


Calendar GMT Reference Actual Previous Consensus TEForecast
2013-10-10 10:00 PM
Inflation Rate YoY
Sep 2013 49.4% 45.5% 46.2% 47.59%
2013-11-07 08:05 PM
Inflation Rate YoY
Oct 2013 46.85% 49.4% 48.65%


Related Last Unit Reference
Inflation Rate 317.60 percent Sep 2023
Inflation Rate MoM 8.70 percent Sep 2023
Consumer Price Index CPI 22244633.25 million points Sep 2023
Core Inflation Rate 60.30 percent Dec 2013
Core Consumer Prices 594.30 points Dec 2013
Food Inflation 318.10 percent Sep 2023
CPI Transportation 23114478574.73 thousand points Sep 2023

Venezuela Inflation Rate
In Venezuela, the main components of the consumer price index are: Food and Noon-Alcoholic Beverages (32.2 percent of the total weight); Transports (10.8 percent) and House Rental (9.8 percent). Restaurants and Hotels account for 8.8 percent; Clothing and Footwear for 7.2 percent; Miscellaneous Goods and Services for 5.8 percent and Household Equipment for 5.6 percent. Others include: Health Care (4.3 percent); Communications (3.8 percent); Leisure and Culture (3.6 percent); Alcoholic Beverages and Tobacco (3 percent); Education (2.7 percent) and Household Services (2.3 percent). The national index has a base of 100 as of December 2007. The CPI covers 10 metropolitan areas, plus 74 other localities in the rest of the country.
Actual Previous Highest Lowest Dates Unit Frequency
317.60 394.80 344509.50 3.22 1973 - 2023 percent Monthly
2007=100