Inflation Rate in Venezuela decreased to 2719.50 percent in May from 2940.80 percent in April of 2021. source: Banco Central De Venezuela
Inflation Rate in Venezuela averaged 3776.40 percent from 1973 until 2021, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. This page provides - Venezuela Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Inflation Rate - values, historical data and charts - was last updated on July of 2021.
Inflation Rate in Venezuela is expected to be 2800.00 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 980.00 in 12 months time. In the long-term, the Venezuela Inflation Rate is projected to trend around 750.00 percent in 2022 and 150.00 percent in 2023, according to our econometric models.