Venezuela Inflation Rate

Venezuela's inflation rate reached 172% in April 2025, a significant increase from 136% in March 2025. This rise is attributed to a sharp decline in oil production and the reintroduction of U.S. sanctions which have curtailed foreign currency earnings. Consequently, the government has resorted to monetary financing, increasing the money supply and driving up prices. The bolívar's depreciation, losing 13% against the U.S. dollar in March, further intensified these inflationary pressures due to the economy's dollar indexation. Venezuela's record low inflation was 25.75% in September 2024 and record high was 344509.5% in February 2019.