Consumer Prices, Food Indices (2015 = 100) — Value in Venezuela (Bolivarian Republic of)

Venezuela (Bolivarian Republic of): Consumer Prices, Food Indices (2015 = 100) — Value was 2.89 trillion in 2024. ◆ Volatile

Latest (2024)
2.89 trillion
Change on year
up 16.5%
World rank
1st
of 12 countries
All-time high
2.89 trillion
in 2024
All-time low
0.7124
in 2000
Years of data
25
2000–2024

Consumer Prices, Food Indices (2015 = 100) — Value in Venezuela (Bolivarian Republic of), 2000–2024

01.0T2.0T3.0T2000201220242000: 0.7122001: 0.8272002: 1.12003: 1.52004: 22005: 2.42006: 2.82007: 3.62008: 5.12009: 6.12010: 8.22011: 112012: 13.62013: 23.62014: 47.72015: 197.92016: 953.62017: 11.1k2018: 15.9M2019: 1.3B2020: 38.8B2021: 254.7B2022: 910.4B2023: 2.5T2024: 2.9T

Source: Food and Agriculture Organization of the United Nations.

Analysis

Venezuela (Bolivarian Republic of) recorded 2.89 trillion for consumer prices, food indices (2015 = 100) — value in 2024. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 16.5% on the previous year and up 6,061,460,000,000.0% over ten years.

Over the whole period, consumer prices, food indices (2015 = 100) — value in Venezuela (Bolivarian Republic of) peaked at 2.89 trillion in 2024 and was at its lowest, 0.7124, in 2000.

The series is highly variable year to year, so single readings are best treated with caution.

Consumer Prices, Food Indices (2015 = 100) — Value in Venezuela (Bolivarian Republic of), year by year

Annual values for Consumer Prices, Food Indices (2015 = 100) — Value in Venezuela (Bolivarian Republic of), 2000 to 2024.
Year Value Change
2000 0.7124
2001 0.8275 +16.1%
2002 1.06 +28.3%
2003 1.46 +37.7%
2004 1.96 +33.8%
2005 2.37 +21.1%
2006 2.84 +20.1%
2007 3.61 +26.8%
2008 5.1 +41.3%
2009 6.13 +20.2%
2010 8.2 +33.8%
2011 10.96 +33.6%
2012 13.56 +23.7%
2013 23.58 +73.9%
2014 47.69 +102.2%
2015 197.94 +315.0%
2016 953.57 +381.8%
2017 11,086 +1062.6%
2018 15.95 million +143745.5%
2019 1.29 billion +7982.3%
2020 38.75 billion +2906.7%
2021 254.70 billion +557.2%
2022 910.38 billion +257.4%
2023 2.48 trillion +172.6%
2024 2.89 trillion +16.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.61 0.7124 6.13 10
2010s 130.48 million 8.2 1.29 billion 10
2020s 1.32 trillion 38.75 billion 2.89 trillion 5

Countries ranked near Venezuela (Bolivarian Republic of)

  1. 1 Côte d'Ivoire 140.21 compare
  2. 1 Zimbabwe 103,716 compare
  3. 2 Cabo Verde 133.94 compare
  4. 2 Sudan 56,388 compare
  5. 2 Syrian Arab Republic 4,287 compare
  6. 3 Iran (Islamic Republic of) 3,324 compare
  7. 3 Lebanon 37,792 compare
  8. 4 South Sudan 27,459 compare
  9. 4 Türkiye 1,894 compare

See the full ranking of 204 places →

More agriculture & rural data for Venezuela (Bolivarian Republic of)

All data for Venezuela (Bolivarian Republic of) →

Frequently asked questions

What is consumer prices, food indices (2015 = 100) — value in Venezuela (Bolivarian Republic of)?
Consumer prices, food indices (2015 = 100) — value in Venezuela (Bolivarian Republic of) was 2.89 trillion in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest consumer prices, food indices (2015 = 100) — value recorded in Venezuela (Bolivarian Republic of)?
The highest recorded value was 2.89 trillion in 2024.
What is the lowest consumer prices, food indices (2015 = 100) — value recorded in Venezuela (Bolivarian Republic of)?
The lowest recorded value was 0.7124 in 2000.
How does Venezuela (Bolivarian Republic of) rank for consumer prices, food indices (2015 = 100) — value?
Venezuela (Bolivarian Republic of) ranks 1st out of 12 countries with data for 2024.
Is consumer prices, food indices (2015 = 100) — value rising or falling in Venezuela (Bolivarian Republic of)?
Over the last ten years it is up 6,061,460,000,000.0%. The long-run trend across the full record is volatile.
Where does this Venezuela (Bolivarian Republic of) data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Consumer Prices, Food Indices (2015 = 100) — Value. Statizoid updates them automatically from the source API.

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Consumer Prices, Food Indices (2015 = 100) — Value in Venezuela (Bolivarian Republic of). Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 12 September 2026, from https://agriculture.statizoid.com/stat/consumer-prices-food-indices-2015-100-value/venezuela-bolivarian-republic-of/

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About this data

Indicator
Consumer Prices, Food Indices (2015 = 100) — Value
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
204 places, 5,445 data points, 2000–2026
Last refreshed

The FAOSTAT monthly Food CPI and General CPI database was based on the ILO CPI data until December 2014. In 2014, IMF-ILO-FAO agreed to transfer global CPI data compilation from ILO to IMF. Upon agreement, CPIs for all items and its subcomponents originates from the International Monetary Fund (IMF), and the UN Statistics Division (UNSD) for countries not covered by the IMF. However, due to a limited time coverage from IMF and UNSD for a number of countries, the Organisation for Economic Co-operation and Development (OECD), Central Bank of Western African States (BCEAO), Eastern Caribbean Central Bank (ECCB), UNdata, United Nations Conference on Trade and Development (UNCTAD) and the national statistics offices websites databases are used for filling the missing data of Food and General CPI. The FAO CPI dataset for all items (or General CPI) and the Food CPI, consists of a complete and consistent set of time series from January 2000 onwards. Data gaps on monthly Food CPI and General CPI are filled using statistical estimation procedures to have full data coverage for all countries for Food CPI and for General CPI. These indices measure the price change between the current and reference periods of the average basket of goods and services purchased by households. The General CPI is typically used to measure and monitor inflation, set monetary policy targets, index social benefits such as pensions and unemployment benefits, and to escalate thresholds and credits in the income tax systems and wages in public and private wage contracts. The FAOSTAT monthly Food CPI inflation rates are annual year-over-year inflation or percentage change over corresponding month of the previous year. The regional and subregional Food and General CPI, and the aggregated Food and General CPI at the different income levels (High-income economies, Low-income economies, Lower-middle-income economies and Upper-middle-income economies) are calculated using two different statistical methods: 1- A weighted average of Food and General CPI values of countries and territories within each region using the weights of Household final consumption expenditure (including non-profit institutions serving households) in 2015 in USD at constant prices of 2015. Household final consumption expenditure is available at https://unstats.un.org/unsd/snaama 2- Median of Food and General CPI values of countries and territories within each region. The Food CPI inflation rates for regional, subregional, and income groups are calculated by first computing, at the country level, the monthly percentage change between two consecutive years. These country-level inflation rates are then aggregated to the group level using two alternative methods: the median and the weighted average, whose weights are based on household final consumption expenditure at 2015 constant prices.