Consumer price inflation — all countries

Consumer price inflation — Venezuela

Consumer price inflation in Venezuela in 2016 — 254.95%. Ranked 188 in the world out of 189. Since 2009, the indicator has risen by 227.87 pp.

2016 254.95% +133.21 pp vs 2015
World rank 188of 189
Period maximum 254.95%2016
Period minimum 21.07%2012

Trend over time

2009–2016 · % per year

Consumer price inflation — Venezuela, 2009–20160100200300200920102011201220132014201520162009: 27.08%2010: 28.19%2011: 26.09%2012: 21.07%2013: 40.64%2014: 62.17%2015: 121.74%2016: 254.95%
Change over the period: +227.87 pp Annual average: 32.55 pp

Comparison, 2016

How the value compares with the world and the groups this territory belongs to: Venezuela

Venezuela 254.95%
World 1.6%
South America computed 27.94%
Consumer price inflation — Venezuela, by year Venezuela All countries CSV XLSX
Year % Change, pp
2016 254.95 +133.21 pp
2015 121.74 +59.57 pp
2014 62.17 +21.53 pp
2013 40.64 +19.57 pp
2012 21.07 −5.02 pp
2011 26.09 −2.1 pp
2010 28.19 +1.11 pp
2009 27.08

About the indicator

The annual growth rate of the consumer price index — the cost of a fixed or periodically updated basket of goods and services for households. Negative values mean deflation. The composition of the basket and its weights are set by national statistical offices, so the figures are comparable in order of magnitude but not identical in method.

Important: In countries with hyperinflation the indicator can run into hundreds and thousands of percent, which is worth keeping in mind when reading charts.

Source: World Development Indicators (World Bank), license CC BY 4.0.