Venezuela, RB: Wholesale price index (2010 = 100)

Key figures

What the numbers say

In 2016, Venezuela, RB's wholesale price index (2010 = 100) rose 3,253 on 2015 (from 751.62 to 4,005).

Across the 30 yearly changes before that (1986 to 2015), the average change was +25.05 and a typical year strayed about 82.47 from that (the standard deviation). This year's change was 39.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 3,253 in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2007 to 2016 the straight-line trend is upward, about 253.78 a year. A straight line explains 40% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Venezuela, RB in the 2016 ranking

• Uruguay — 2nd of 5: 156.34
• Egypt, Arab Rep. — 3rd of 5: 111.48
• El Salvador — 4th of 5: 108.45

What this measures

Index of prices of a mix of agricultural and industrial goods at various stages of production and distribution, including import duties, as compared to a certain reference period (2010=100).

All 57 values

Wholesale price index (2010 = 100) in nearby economies

• Brazil — 275.21 (2021)
• El Salvador — 108.45 (2016)
• Panama — 107.92 (2016)
• Peru — 118.95 (2019)
• Uruguay — 156.34 (2016)

More financial sector data for Venezuela, RB

• GDP deflator (base year varies by country) — 97,055 (2025)
• DEC alternative conversion factor (LCU per US$) — US$165.46 (2025)
• Inflation, GDP deflator (annual % growth) — 227.09% (2025)
• Official exchange rate (LCU per US$, period average) — US$9.98 (2017)
• Domestic credit to private sector by banks (% of GDP) — 23.93% (2015)
• Real effective exchange rate index (2010 = 100) — 741.53 (2016)
• Inflation, GDP deflator, linked series (annual % growth) — 227.09% (2025)
• GDP deflator, linked series (base year varies by country) — 97,055 (2025)
• Deposit interest rate (%)

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Questions people ask

What is Venezuela, RB's wholesale price index (2010 = 100)?

4,005 in 2016, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 30.14 million% from 0.01 in 1960 (25.27% a year on average, compounded). The highest value was 4,005 in 2016 and the lowest 0.01 in 1960.

Is the latest change in wholesale price index (2010 = 100) unusual for Venezuela, RB?

In 2016, Venezuela, RB's wholesale price index (2010 = 100) rose 3,253 on 2015 (from 751.62 to 4,005). Across the 30 yearly changes before that (1986 to 2015), the average change was +25.05 and a typical year strayed about 82.47 from that (the standard deviation). This year's change was 39.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator FP.WPI.TOTL, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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