Inflation Venezuela 2012

Average inflation: 21.3%

Current Inflation

Inflation is very high at 21.3%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 26.0%. The lowest inflation was in October at 17.9%.

Highest month
January: 26.0%
Lowest month
October: 17.9%
Difference
8.1 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.4% lower than the 5-year average of 23.7%. This approaches the lowest level since records began (21.3% in 2012).

5-year average
23.7%
10-year average
23.7%
All-time high (2011)
26.1%
All-time low (2012)
21.3%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +4.8 percentage point.

Change vs. previous year
-4.8 percentage points
Largest monthly swing
November: -9.6 percentage points

ECB Target

Inflation is 19.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €121.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Month overview

Month Inflation Difference vs. 2011
January 26.0% -2.5
February 25.3% -3.4
March 24.6% -2.8
April 23.8% +0.9
May 22.6% -0.2
June 21.3% -2.3
July 19.4% -5.7
August 18.1% -7.7
September 18.0% -8.5
October 17.9% -9.0
November 18.0% -9.6
December 20.1% -7.5
Average 21.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also