Inflation in Venezuela skyrocketed to 475% in 2025, the highest in the world
Venezuela closed 2025 with the highest inflation in the world: 475%, a brutal acceleration linked to exchange rate instability due to the intensification of U.S. sanctions against the deposed Nicolás Maduro.
TL;DR
- Venezuela recorded the world's highest inflation in 2025, reaching 475%.
- This acceleration is linked to exchange rate instability and intensified U.S. sanctions.
- The Central Bank of Venezuela (BCV) released the inflation data, the first in over a year.
- In 2024, inflation was reported at 48%, but without an official BCV report.
- Citizens face low average incomes ($100-$300/month) insufficient to cover basic needs.
- Food and beverage inflation was 532%, education 570%, rentals 340%, and health 445%.
- The BCV reported that the economy grew by almost 9% in 2025, driven by oil activity.
- Economists predict inflation to moderate in 2026, with estimates ranging from 108% to 200%.