Inflation Rate in Venezuela decreased to 1575.30 percent in October from 1946 percent in September of 2021. source: Banco Central De Venezuela

Inflation Rate in Venezuela averaged 3762.64 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 November 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


Related Last Previous Unit Reference
Inflation Rate 1575.30 1946.00 percent Oct/21
Inflation Rate Mom 6.80 7.10 percent Oct/21
Consumer Price Index CPI 2210425.05 2069027.70 million points Oct/21
Core Inflation Rate 60.30 60.90 percent Dec/13
Core Consumer Prices 594.30 582.30 points Dec/13
Food Inflation 1298.00 1585.00 percent Oct/21
CPI Transportation 2512177007.76 2286374647.57 thousand points Oct/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.