Inflation Venezuela 2014
Average inflation: 61.8%
Current Inflation
Inflation is very high at 61.8%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 68.5%. The lowest inflation was in January at 56.3%.
- Highest month
- December: 68.5%
- Lowest month
- January: 56.3%
- Difference
- 12.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 24.5% higher than the 5-year average of 37.3%. This approaches the highest level since records began (61.8% in 2014).
- 5-year average
- 37.3%
- 10-year average
- 37.3%
- All-time high (2014)
- 61.8%
- All-time low (2012)
- 21.3%
Trend
Inflation shows an upward trend. Compared to 2013, inflation has risen by +21.8 percentage point.
- Change vs. previous year
- +21.8 percentage points
- Largest monthly swing
- February: +34.5 percentage points
ECB Target
Inflation is 59.8% 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 €161.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 56.3% | +34.1 |
| February | 57.3% | +34.5 |
| March | 59.3% | +34.2 |
| April | 61.5% | +32.1 |
| May | 60.9% | +25.7 |
| June | 60.5% | +20.9 |
| July | 62.0% | +19.4 |
| August | 63.4% | +18.0 |
| September | 64.0% | +14.6 |
| October | 63.9% | +9.6 |
| November | 63.6% | +5.4 |
| December | 68.5% | +12.3 |
| Average | 61.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.