Venezuelan inflation rate in 1987: 28.10%

Bs.

Inflation in 1987 and its effect on bolivar value

Bs. 1 in 1986 is equivalent in purchasing power to about Bs. 1.28 in 1987. The bolivar had an average inflation rate of 28.10% per year between 1986 and 1987, producing a cumulative price increase of 28.10%. Purchasing power decreased by 28.10% in 1987 compared to 1986. On average, you would have to spend 28.10% more money in 1987 than in 1986 for the same item.

This means that prices in 1987 are 1.28 times as high as average prices in 1986, according to the International Monetary Fund consumer price index.

The inflation rate in 1986 was 11.50%. The inflation rate in 1987 was 28.10%. The 1987 inflation rate is lower compared to the average inflation rate of 107.29% per year between 1987 and 2021.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1987 was 293.13. It was 228.83 in the previous year, 1986. The difference in CPI between the years is used by the International Monetary Fund to officially determine inflation.

⌃
Inflation from 1986 to 1987
Average inflation rate 28.10%
Converted amount
Bs. 1 base		 Bs. 1.28
Price difference
Bs. 1 base		 Bs. 0.28
CPI in 1986 228.830
CPI in 1987 293.131
Inflation in 1986 11.50%
Inflation in 1987 28.10%
Bs. 1 in 1986 Bs. 1.28 in 1987
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
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How to calculate inflation rate for Bs. 1, 1986 to 1987

Our calculations use the following inflation rate formula to calculate the change in value between 1986 and 1987:

CPI in 1987CPI in 1986
×
1986 VEF value
=
1987 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 228.8299158 in the year 1986 and 293.1311222 in 1987:

293.1311222228.8299158
×
Bs. 1
=
Bs. 1.28

Bs. 1 in 1986 has the same "purchasing power" or "buying power" as Bs. 1.28 in 1987.

To get the total inflation rate for the 1 years between 1986 and 1987, we use the following formula:

CPI in 1987 - CPI in 1986CPI in 1986
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

293.1311222 - 228.8299158228.8299158
×
100
=
28%

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 1987 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/Venezuela-inflation-rate-in-1987.

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.

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Inflation from 1986 to 1987
Average inflation rate 28.10%
Converted amount
Bs. 1 base		 Bs. 1.28
Price difference
Bs. 1 base		 Bs. 0.28
CPI in 1986 228.830
CPI in 1987 293.131
Inflation in 1986 11.50%
Inflation in 1987 28.10%
Bs. 1 in 1986 Bs. 1.28 in 1987