Venezuela Inflation Rate 2009-2020

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Venezuela inflation rate for 2016 was 254.95%, a 133.21% increase from 2015.
  • Venezuela inflation rate for 2015 was 121.74%, a 59.57% increase from 2014.
  • Venezuela inflation rate for 2014 was 62.17%, a 21.53% increase from 2013.
  • Venezuela inflation rate for 2013 was 40.64%, a 19.57% increase from 2012.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Venezuela 254.95%
Suriname 55.41%
Kazakhstan 14.55%
Azerbaijan 12.45%
Belarus 11.84%
Brazil 8.74%
Turkey 7.78%
Colombia 7.51%
Iran 7.25%
Russia 7.04%
Namibia 6.73%
South Africa 6.59%
Algeria 6.40%
Guatemala 4.45%
Paraguay 4.09%
Fiji 3.86%
Peru 3.59%
Mexico 2.82%
Botswana 2.82%
Tonga 2.58%
Jamaica 2.35%
Gabon 2.11%
Malaysia 2.09%
China 2.00%
Ecuador 1.73%
Grenada 1.65%
Dominican Republic 1.61%
Equatorial Guinea 1.41%
Samoa 1.30%
Albania 1.28%
Serbia 1.12%
Mauritius 0.98%
Guyana 0.84%
Iraq 0.56%
Maldives 0.50%
Thailand 0.19%
Dominica 0.14%
Costa Rica -0.02%
St. Vincent and the Grenadines -0.15%
North Macedonia -0.24%
Montenegro -0.27%
Jordan -0.78%
Lebanon -0.78%
Bulgaria -0.80%
Armenia -1.40%
Romania -1.54%
Bosnia -1.58%
St. Lucia -3.09%
Venezuela Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2016 254.95% 133.21%
2015 121.74% 59.57%
2014 62.17% 21.53%
2013 40.64% 19.57%
2012 21.07% -5.02%
2011 26.09% -2.10%
2010 28.19% 1.11%
2009 27.08% 1.11%