Venezuela inflation rate for 2016 was 254.95%, a 133.21% increase from 2015.
Venezuela inflation rate for 2015 was 121.74%, a 59.57% increase from 2014.
Venezuela inflation rate for 2014 was 62.17%, a 21.53% increase from 2013.
Venezuela inflation rate for 2013 was 40.64%, a 19.57% increase from 2012.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
