CPI Price, nominal in Venezuela
Venezuela: CPI Price, nominal was 3,114 in 2016. ◆ Volatile
CPI Price, nominal in Venezuela, 2007–2016
Source: World Bank staff calculations based on Datastream data.
Analysis
Venezuela recorded 3,114 for cpi price, nominal in 2016. That is the highest value across all 10 years on record.
That represents a change of up 254.9% on the previous year and up 9,707.5% over ten years.
Over the whole period, cpi price, nominal in Venezuela peaked at 3,114 in 2016 and was at its lowest, 31.75, in 2007.
Venezuela ranks 2nd of 158 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
CPI Price, nominal in Venezuela, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 31.75 | — |
| 2008 | 36.87 | +16.1% |
| 2009 | 46.85 | +27.1% |
| 2010 | 113.62 | +142.5% |
| 2011 | 143.27 | +26.1% |
| 2012 | 173.45 | +21.1% |
| 2013 | 243.94 | +40.6% |
| 2014 | 395.6 | +62.2% |
| 2015 | 877.2 | +121.7% |
| 2016 | 3,114 | +254.9% |
Venezuela compared with similar countries
- Venezuela's 3,114 is above the median for lower middle income countries, which is 235.88, 13.2× the median. (36 countries reporting)
- Venezuela's 3,114 is above the median for Latin America & Caribbean, which is 179.23, 17.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.49 | 31.75 | 46.85 | 3 |
| 2010s | 722.96 | 113.62 | 3,114 | 7 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 384.74 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 1,190 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 14,168 (2050)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 31.16 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 51.45 (2050)
Frequently asked questions
- What is cpi price, nominal in Venezuela?
- Cpi price, nominal in Venezuela was 3,114 in 2016, according to World Bank staff calculations based on Datastream data.
- What is the highest cpi price, nominal recorded in Venezuela?
- The highest recorded value was 3,114 in 2016.
- What is the lowest cpi price, nominal recorded in Venezuela?
- The lowest recorded value was 31.75 in 2007.
- How does Venezuela rank for cpi price, nominal?
- Venezuela ranks 2nd out of 158 countries with data for 2016.
- Is cpi price, nominal rising or falling in Venezuela?
- Over the last ten years it is up 9,707.5%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from World Bank staff calculations based on Datastream data, published as part of CPI Price, nominal. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The consumer price index reflects the change in prices for the average consumer of a constant basket of consumer goods. Data is not seasonally adjusted.