Inflation Rate in Venezuela decreased to 1946 percent in September from 2343.90 percent in August of 2021. source: Banco Central De Venezuela

Inflation Rate in Venezuela averaged 3766.37 percent from 1973 until 2021, 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 - values, historical data and charts - was last updated on October of 2021.

Inflation Rate in Venezuela is expected to be 1500.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Venezuela Inflation Rate is projected to trend around 750.00 percent in 2022 and 150.00 percent in 2023, according to our econometric models.

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Venezuela Inflation Rate


Venezuela Last Unit Reference
Inflation Rate 1946.00 percent Sep/21
Inflation Rate Mom 28.50 percent May/21
Consumer Price Index CPI 2069027.70 million points Sep/21
Core Inflation Rate 60.30 percent Dec/13
Core Consumer Prices 594.30 points Dec/13
Food Inflation 2190.00 percent May/21
CPI Transportation 2286374647.57 thousand points Sep/21


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.