Venezuela Inflation Rate  1973-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Venezuela jumped 800 percent year-on-year in 2016, following a 180.9 percent rise in 2015, according to preliminary figures. It is the highest inflation rate on record after the slump in oil prices led to a severe recession and food shortages. Inflation Rate in Venezuela averaged 31.10 percent from 1973 until 2016, reaching an all time high of 800 percent in December of 2016 and a record low of 3.22 percent in February of 1973.

Venezuela Inflation Rate
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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 800.00 180.90 800.00 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 [+]



Venezuela Inflation Rate Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
800.00 180.90 800.00 3.22 1973 - 2016 percent Monthly
2007=100



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Serbia 3.20 Feb/17
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Venezuela 800.00 Dec/16
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