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.

Venezuela Inflation Rate
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Forecast Data Chart
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Venezuela Prices Last Previous Highest Lowest Unit
Inflation Rate 282972.80 329567.60 344509.50 3.22 percent [+]
Inflation Rate Mom 33.80 34.80 196.60 0.80 percent [+]
Consumer Price Index CPI 1268517191.00 948197209.50 1268517191.00 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 276776.00 346775.10 371545.60 17.89 percent [+]
CPI Transportation 692742985.90 461628618.20 692742985.90 103.40 Index Points [+]


Venezuela Inflation Rate

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 2019.

Actual Previous Highest Lowest Dates Unit Frequency
282972.80 329567.60 344509.50 3.22 1973 - 2019 percent Monthly
2007=100




Country Last Previous
Argentina 55.80 Jun/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.00 Jun/19
China 2.70 Jun/19
Euro Area 1.30 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.70 Jun/19
Japan 0.70 Jun/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 Jun/19
United States 1.60 Jun/19


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