Inflation Venezuela 2016
Average inflation: 249.0%
Current Inflation
Inflation is very high at 249.0%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 296.4%. The lowest inflation was in January at 184.8%.
- Highest month
- June: 296.4%
- Lowest month
- January: 184.8%
- Difference
- 111.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 151.3% higher than the 5-year average of 97.7%. This approaches the highest level since records began (249.0% in 2016).
- 5-year average
- 97.7%
- 10-year average
- 85.7%
- All-time high (2016)
- 249%
- All-time low (2012)
- 21.3%
Trend
Inflation shows an upward trend. Compared to 2015, inflation has risen by +132.8 percentage point.
- Change vs. previous year
- +132.8 percentage points
- Largest monthly swing
- June: +199.2 percentage points
ECB Target
Inflation is 247.0% 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 €349.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 184.8% | +109.0 |
| February | 195.1% | +114.9 |
| March | 209.6% | +127.2 |
| April | 232.9% | +149.3 |
| May | 265.2% | +177.7 |
| June | 296.4% | +199.2 |
| July | 289.1% | +179.3 |
| August | 270.9% | +144.0 |
| September | 263.2% | +121.7 |
| October | 252.3% | +96.2 |
| November | 253.6% | +81.6 |
| December | 274.4% | +93.5 |
| Average | 249.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.