Venezuelan inflation rate in 2000: 16.20%

Bs.

Inflation in 2000 and its effect on bolivar value

Bs. 1 in 1999 is equivalent in purchasing power to about Bs. 1.16 in 2000. The bolivar had an average inflation rate of 16.20% per year between 1999 and 2000, producing a cumulative price increase of 16.20%. Purchasing power decreased by 16.20% in 2000 compared to 1999. On average, you would have to spend 16.20% more money in 2000 than in 1999 for the same item.

This means that prices in 2000 are 1.16 times as high as average prices in 1999, according to the International Monetary Fund consumer price index.

The inflation rate in 1999 was 23.60%. The inflation rate in 2000 was 16.20%. The 2000 inflation rate is lower compared to the average inflation rate of 158.83% per year between 2000 and 2021.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 2000 was 36,085.00. It was 31,054.21 in the previous year, 1999. The difference in CPI between the years is used by the International Monetary Fund to officially determine inflation.

⌃
Inflation from 1999 to 2000
Average inflation rate 16.20%
Converted amount
Bs. 1 base		 Bs. 1.16
Price difference
Bs. 1 base		 Bs. 0.16
CPI in 1999 31,054.213
CPI in 2000 36,084.996
Inflation in 1999 23.60%
Inflation in 2000 16.20%
Bs. 1 in 1999 Bs. 1.16 in 2000
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
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How to calculate inflation rate for Bs. 1, 1999 to 2000

Our calculations use the following inflation rate formula to calculate the change in value between 1999 and 2000:

CPI in 2000CPI in 1999
×
1999 VEF value
=
2000 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 31054.21308 in the year 1999 and 36084.9956 in 2000:

36084.995631054.21308
×
Bs. 1
=
Bs. 1.16

Bs. 1 in 1999 has the same "purchasing power" or "buying power" as Bs. 1.16 in 2000.

To get the total inflation rate for the 1 years between 1999 and 2000, we use the following formula:

CPI in 2000 - CPI in 1999CPI in 1999
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

36084.9956 - 31054.2130831054.21308
×
100
=
16%

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 2000 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/Venezuela-inflation-rate-in-2000.

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 1999 to 2000
Average inflation rate 16.20%
Converted amount
Bs. 1 base		 Bs. 1.16
Price difference
Bs. 1 base		 Bs. 0.16
CPI in 1999 31,054.213
CPI in 2000 36,084.996
Inflation in 1999 23.60%
Inflation in 2000 16.20%
Bs. 1 in 1999 Bs. 1.16 in 2000