CPI: National consumer price index, percentage change in Venezuela
Venezuela: CPI: National consumer price index, percentage change was 254.95 in 2016. ◆ Volatile
CPI: National consumer price index, percentage change from previous in Venezuela, 2011–2016
Source: International Labour Organization.
Analysis
In 2016, cpi: national consumer price index, percentage change from previous in Venezuela stood at 254.95. That is the highest value across all 6 years on record.
Compared with earlier readings it is up 109.4% on the previous year and up 877.2% over ten years.
That places Venezuela 1st out of 193 countries with data for 2016, putting it in the top 10%.
CPI: National consumer price index, percentage change in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 26.09 | — |
| 2012 | 21.07 | -19.2% |
| 2013 | 40.64 | +92.9% |
| 2014 | 62.17 | +53.0% |
| 2015 | 121.74 | +95.8% |
| 2016 | 254.95 | +109.4% |
Venezuela compared with similar countries
- Venezuela's 254.95 is above the median for lower middle income countries, which is 3.56, 71.6× the median. (47 countries reporting)
- Venezuela's 254.95 is above the median for Latin America & Caribbean, which is 2.53, 100.8× the median. (35 countries reporting)
Countries ranked near Venezuela
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Unemployment rate (ILO modelled estimates) 5.73 (2027)
- Labour dependency ratio 1.69 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,625 (2027)
- Output per worker, GDP constant 2015 US $ 10,899 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
Frequently asked questions
- What is cpi: national consumer price index, percentage change from previous in Venezuela?
- Cpi: national consumer price index, percentage change from previous in Venezuela was 254.95 in 2016, according to International Labour Organization.
- What is the highest cpi: national consumer price index, percentage change from previous recorded in Venezuela?
- The highest recorded value was 254.95 in 2016.
- What is the lowest cpi: national consumer price index, percentage change from previous recorded in Venezuela?
- The lowest recorded value was 21.07 in 2012.
- How does Venezuela rank for cpi: national consumer price index, percentage change from previous?
- Venezuela ranks 1st out of 193 countries with data for 2016.
- Is cpi: national consumer price index, percentage change from previous rising or falling in Venezuela?
- Over the last ten years it is up 877.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from International Labour Organization, published as part of CPI: National consumer price index, percentage change from previous year (General - Individual consumption expenditure of households). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
This indicator shows the percentage change of the CPI between a period and the same period of the previous year. Data are disaggregated by the Classification of Individual Consumption According to Purpose (COICOP). For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.