Inflation Rate in Venezuela increased to 172 percent in April from 136 percent in March of 2025. This dataset provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Due to the recent hyperinflation crisis in Venezuela, the average inflation rate in Venezuela is estimated to be around 225 percent in 2026. However, this is well below the peak of 63,000 percent observed in 2018.What is hyperinflation?In short, hyperinflation is a very high inflation rate that accelerates quickly. It can be caused by a government printing huge amounts of new money to pay for its expenses. The subsequent rapid increase of prices causes the country’s currency to lose value and shortages in goods to occur. People then typically start hoarding goods, which become even more scarce and expensive, money becomes worthless, financial institutions go bankrupt, and eventually, the country’s economy collapses. The Venezuelan descent into hyperinflationIn Venezuela, the economic catastrophe began with government price controls and plummeting oil prices, which caused state-run oil companies to go bankrupt. The government then starting printing new money to cope, thus prices rose rapidly, unemployment increased, and GDP collapsed, all of which was exacerbated by international sanctions. Today, many Venezuelans are emigrating to find work and supplies elsewhere, and population growth is at a decade-low. Current president Nicolás Maduro does not seem inclined to steer away from his course of price controls and economic mismanagement, so the standard of living in the country is not expected to improve significantly anytime soon.

The Consumer Price Index in Venezuela increased 18.40 percent in April of 2025 over the previous month. This dataset provides - Venezuela Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Venezuela increased 60.30 percent in December of 2013 over the same month in the previous year. This dataset provides - Venezuela Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Historical dataset showing Venezuela inflation rate by year from 2009 to 2016.

In October 2024, the inflation rate of food in Venezuela increased by 21.9 percent compared to the same month from the previous year.

View yearly updates and historical trends for Venezuela Inflation Rate Outlook, End of Period Consumer Prices. Source: International Monetary Fund. Track …

Graph and download economic data for Inflation, consumer prices for the Bolivarian Republic of Venezuela (FPCPITOTLZGVEN) from 2009 to 2016 about Venezuela, consumer, CPI, inflation, price index, indexes, and price.

View yearly updates and historical trends for Venezuela Inflation Rate Outlook, Average Consumer Prices. Source: International Monetary Fund. Track econom…

Cost of food in Venezuela increased 21.90 percent in October of 2024 over the same month in the previous year. This dataset provides - Venezuela Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation rate of Venezuela (Bolivarian Republic of) rocketed by 109.42% from 121.7 % in 2015 to 254.9 % in 2016. Since the 19.25% drop in 2012, inflation rate shot up by 1,110.06% in 2016. 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. The Laspeyres formula is generally used.

The annual end-of-period inflation rate of Venezuela was estimated at approximately 47.17 percent in 2024. Between 1985 and 2024, the rate rose by around 38.05 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. From 2024 to 2026, the rate will increase by about 171.05 percentage points.The International Monetary Fund describes this indicator as a measure of inflation based upon the year-on-year percent change in the end-of-period consumer price index (CPI). The said index measure is based upon the cost of a typical basket of goods and services at the end of a given time period.

Venezuela VE: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 40.440 % in 2014. This records an increase from the previous number of 35.503 % for 2013. Venezuela VE: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 16.676 % from Dec 1961 (Median) to 2014, with 54 observations. The data reached an all-time high of 115.525 % in 1996 and a record low of 0.469 % in 1961. Venezuela VE: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Inflation, GDP deflator (annual %) in Venezuela was reported at 748 % in 2017, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

During the depicted period, Venezuela's monthly inflation rate has oscillated, hitting its highest point in January 2023 at 39.4 percent. As of August 2024, the inflation rate was around 2.8 percent.

Inflation, consumer prices (annual %) in Venezuela was reported at 255 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources. Venezuela - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

Venezuela VE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 67.147 % in 2014. This records an increase from the previous number of 35.503 % for 2013. Venezuela VE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 30.132 % from Dec 1990 (Median) to 2014, with 25 observations. The data reached an all-time high of 115.525 % in 1996 and a record low of 7.832 % in 2009. Venezuela VE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

The benchmark interest rate in Venezuela was last recorded at 58.95 percent. This dataset provides the latest reported value for - Venezuela Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This scatter chart displays inflation (annual %) against birth rate (per 1,000 people) in Venezuela. The data is about countries per year.

In August 2024, the economic sector registering the most elevated inflation rate was communications, standing at 6.4 percent, trailed by housing at 4.3 percent, and home equipment at 3.3 percent when compared to the previous month.