Venezuela Inflation Rate  1973-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Venezuela increased 180.9 percent year-on-year in December of 2015, reaching an-all time high, central bank data showed. The unexpected release comes one day after President Nicolas Maduro devalued the currency by 37 percent to 10 bolívares per USD and raised fuel prices for the first time in around 20 years, aiming to avoid a wider economic crisis. The biggest increase was recorded for cost of food and non-alcoholic beverages (+315 percent), followed by alcoholic beverages and tobacco (+273 percent), restaurants and hotels (+294 percent), clothing and footwear (+146 percent), transport (+130 percent), education (+112 percent), household equipment (+112 percent) and health (+111 percent). Housing prices grew 28 percent. On a monthly basis, consumer prices increased 8.7 percent. Inflation Rate in Venezuela averaged 29.61 percent from 1973 until 2015, reaching an all time high of 180.90 percent in December of 2015 and a record low of 3.22 percent in February of 1973. Inflation Rate in Venezuela is reported by the Banco Central De Venezuela.

Venezuela Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
180.90 172.00 180.90 3.22 1973 - 2015 percent Monthly
2007=100
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. This page provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-09-10 10:30 PM Aug 2013 45.4% 42.6% 44.18%
2013-10-10 10:00 PM Sep 2013 49.4% 45.5% 46.2% 47.59%
2013-11-07 08:05 PM Oct 2013 46.85% 49.4% 48.65%

Venezuela Prices Last Previous Highest Lowest Unit
Inflation Rate 180.90 172.00 180.90 3.22 percent [+]
Inflation Rate Mom 8.70 11.10 12.40 0.80 percent [+]
Consumer Price Index CPI 2146.10 2010.70 2146.10 0.10 Index Points [+]
Core Consumer Prices 594.30 582.30 594.30 18.20 Index Points [+]
Core Inflation Rate 60.30 60.90 60.90 20.20 percent [+]
Food Inflation 315.00 304.00 315.00 17.89 percent [+]
Cpi Transportation 1995.10 1809.40 1995.10 103.40 Index Points [+]




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Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
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Macau 2.64 May/16
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Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
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Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
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Morocco 1.90 May/16
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Russia 7.30 May/16
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Serbia 0.70 May/16
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Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
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Zambia 21.00 Jun/16
Zimbabwe -1.69 May/16