Inflation Rate in Venezuela decreased to 167.15 percent in May from 222.30 percent in April of 2022. source: Banco Central De Venezuela

Inflation Rate in Venezuela averaged 3729.91 percent from 1973 until 2022, 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 July of 2022.

Inflation Rate in Venezuela is expected to be 150.00 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 150.00 percent in 2023, according to our econometric models.

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Venezuela Inflation Rate



Related Last Previous Unit Reference
Inflation Rate 167.15 222.30 percent May 2022
Inflation Rate Mom 6.50 4.40 percent May 2022
Consumer Price Index CPI 3194057.16 2997960.56 million points May 2022
Core Inflation Rate 60.30 60.90 percent Dec 2013
Core Consumer Prices 594.30 582.30 points Dec 2013
Food Inflation 154.60 192.90 percent May 2022
CPI Transportation 3841426731.66 3731895595.92 thousand points May 2022

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
167.15 222.30 344509.50 3.22 1973 - 2022 percent Monthly
2007=100