Venezuelan inflation rate in 1982: 9.60%

Bs.

Inflation in 1982 and its effect on bolivar value

Bs. 1 in 1981 is equivalent in purchasing power to about Bs. 1.10 in 1982. The bolivar had an average inflation rate of 9.60% per year between 1981 and 1982, producing a cumulative price increase of 9.60%. Purchasing power decreased by 9.60% in 1982 compared to 1981. On average, you would have to spend 9.60% more money in 1982 than in 1981 for the same item.

This means that prices in 1982 are 1.10 times as high as average prices in 1981, according to the International Monetary Fund consumer price index.

The inflation rate in 1981 was 16.20%. The inflation rate in 1982 was 9.60%. The 1982 inflation rate is lower compared to the average inflation rate of 91.92% per year between 1982 and 2021.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1982 was 154.61. It was 141.07 in the previous year, 1981. The difference in CPI between the years is used by the International Monetary Fund to officially determine inflation.

⌃
Inflation from 1981 to 1982
Average inflation rate 9.60%
Converted amount
Bs. 1 base		 Bs. 1.10
Price difference
Bs. 1 base		 Bs. 0.10
CPI in 1981 141.067
CPI in 1982 154.609
Inflation in 1981 16.20%
Inflation in 1982 9.60%
Bs. 1 in 1981 Bs. 1.10 in 1982
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
Download

How to calculate inflation rate for Bs. 1, 1981 to 1982

Our calculations use the following inflation rate formula to calculate the change in value between 1981 and 1982:

CPI in 1982CPI in 1981
×
1981 VEF value
=
1982 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 141.0668 in the year 1981 and 154.6092128 in 1982:

154.6092128141.0668
×
Bs. 1
=
Bs. 1.10

Bs. 1 in 1981 has the same "purchasing power" or "buying power" as Bs. 1.10 in 1982.

To get the total inflation rate for the 1 years between 1981 and 1982, we use the following formula:

CPI in 1982 - CPI in 1981CPI in 1981
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

154.6092128 - 141.0668141.0668
×
100
=
10%

Data source & citation

Raw data for these calculations comes from the government of Venezuela's annual (CPI) as provided by the International Monetary Fund.

You may use the following MLA citation for this page: “Inflation Rate in 1982 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/Venezuela-inflation-rate-in-1982.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter

Inflation from 1981 to 1982
Average inflation rate 9.60%
Converted amount
Bs. 1 base		 Bs. 1.10
Price difference
Bs. 1 base		 Bs. 0.10
CPI in 1981 141.067
CPI in 1982 154.609
Inflation in 1981 16.20%
Inflation in 1982 9.60%
Bs. 1 in 1981 Bs. 1.10 in 1982