Inflation, consumer prices in Venezuela
Venezuela: Inflation, consumer prices was 254.9% in 2016. ◆ Volatile
Inflation, consumer prices in Venezuela, 2009–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for inflation, consumer prices in Venezuela is 254.9%, measured in 2016. That is the highest value across all 8 years on record.
The figure is up 109.4% on the previous year and up 841.4% over ten years.
Venezuela ranks 1st of 191 countries on this measure, in the top 10%.
Inflation, consumer prices in Venezuela, year by year
| Year | annual % | Change |
|---|---|---|
| 2009 | 27.1% | — |
| 2010 | 28.2% | +4.1% |
| 2011 | 26.1% | -7.4% |
| 2012 | 21.1% | -19.2% |
| 2013 | 40.6% | +92.9% |
| 2014 | 62.2% | +53.0% |
| 2015 | 121.7% | +95.8% |
| 2016 | 254.9% | +109.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.1% | 27.1% | 27.1% | 1 |
| 2010s | 79.3% | 21.1% | 254.9% | 7 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -100 % change on previous year (1991)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0 current US$ per US$ of GDP (2011)
- Gross value added at basic prices (GVA) (current US$), per capita 0 current US$ per person (2011)
- Gross value added at basic prices (GVA) (current LCU), annual growth -100 % change on previous year (1991)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2011)
- Gross value added at basic prices (GVA) (current LCU), per capita 0 current LCU per person (2011)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -3.26 % change on previous year (2014)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.2184 constant LCU per US$ of GDP (2014)
Frequently asked questions
- What is inflation, consumer prices in Venezuela?
- Inflation, consumer prices in Venezuela was 254.9% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Venezuela?
- The highest recorded value was 254.9% in 2016.
- What is the lowest inflation, consumer prices recorded in Venezuela?
- The lowest recorded value was 21.1% in 2012.
- How does Venezuela rank for inflation, consumer prices?
- Venezuela ranks 1st out of 191 countries with data for 2016.
- Is inflation, consumer prices rising or falling in Venezuela?
- Over the last ten years it is up 841.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.