Inflation Venezuela 2013

Average inflation: 40.0%

Current Inflation

Inflation is very high at 40.0%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 58.2%. The lowest inflation was in January at 22.2%.

Highest month
November: 58.2%
Lowest month
January: 22.2%
Difference
36.0 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 10.9% higher than the 5-year average of 29.1%. This approaches the highest level since records began (40.0% in 2013).

5-year average
29.1%
10-year average
29.1%
All-time high (2013)
40%
All-time low (2012)
21.3%

Trend

Inflation shows an upward trend. Compared to 2012, inflation has risen by +18.7 percentage point.

Change vs. previous year
+18.7 percentage points
Largest monthly swing
November: +40.2 percentage points

ECB Target

Inflation is 38.0% 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 €140.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2013

Month overview

Month Inflation Difference vs. 2012
January 22.2% -3.8
February 22.8% -2.5
March 25.1% +0.5
April 29.4% +5.6
May 35.2% +12.6
June 39.6% +18.3
July 42.6% +23.2
August 45.4% +27.3
September 49.4% +31.4
October 54.3% +36.4
November 58.2% +40.2
December 56.2% +36.1
Average 40.0%

Data source

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

See also