The annual inflation rate in Venezuela fell to 282,973 in April 2019 from 329,568 in the previous month, according to the Central Bank. Inflation Rate in Venezuela averaged 4374.19 percent from 1973 until 2019, reaching an all time high of 815194 percent in May of 2019 and a record low of 3.22 percent in February of 1973.
Inflation Rate in Venezuela is expected to be 2800000.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Venezuela to stand at 4000000.00 in 12 months time. In the long-term, the Venezuela Inflation Rate is projected to trend around 1800000.00 percent in 2020, according to our econometric models.