Venezuelan inflation rate in 2010: 28.20%

Bs.

Inflation in 2010 and its effect on bolivar value

Bs. 1 in 2009 is equivalent in purchasing power to about Bs. 1.28 in 2010. The bolivar had an average inflation rate of 28.20% per year between 2009 and 2010, producing a cumulative price increase of 28.20%. Purchasing power decreased by 28.20% in 2010 compared to 2009. On average, you would have to spend 28.20% more money in 2010 than in 2009 for the same item.

This means that prices in 2010 are 1.28 times as high as average prices in 2009, according to the International Monetary Fund consumer price index.

The inflation rate in 2009 was 26.00%. The inflation rate in 2010 was 28.20%. The 2010 inflation rate is lower compared to the average inflation rate of 412.87% per year between 2010 and 2021.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 2010 was 263,437.12. It was 205,489.18 in the previous year, 2009. The difference in CPI between the years is used by the International Monetary Fund to officially determine inflation.

⌃
Inflation from 2009 to 2010
Average inflation rate 28.20%
Converted amount
Bs. 1 base		 Bs. 1.28
Price difference
Bs. 1 base		 Bs. 0.28
CPI in 2009 205,489.176
CPI in 2010 263,437.123
Inflation in 2009 26.00%
Inflation in 2010 28.20%
Bs. 1 in 2009 Bs. 1.28 in 2010
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
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How to calculate inflation rate for Bs. 1, 2009 to 2010

Our calculations use the following inflation rate formula to calculate the change in value between 2009 and 2010:

CPI in 2010CPI in 2009
×
2009 VEF value
=
2010 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 205489.1757 in the year 2009 and 263437.1233 in 2010:

263437.1233205489.1757
×
Bs. 1
=
Bs. 1.28

Bs. 1 in 2009 has the same "purchasing power" or "buying power" as Bs. 1.28 in 2010.

To get the total inflation rate for the 1 years between 2009 and 2010, we use the following formula:

CPI in 2010 - CPI in 2009CPI in 2009
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

263437.1233 - 205489.1757205489.1757
×
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 2010 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/Venezuela-inflation-rate-in-2010.

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 2009 to 2010
Average inflation rate 28.20%
Converted amount
Bs. 1 base		 Bs. 1.28
Price difference
Bs. 1 base		 Bs. 0.28
CPI in 2009 205,489.176
CPI in 2010 263,437.123
Inflation in 2009 26.00%
Inflation in 2010 28.20%
Bs. 1 in 2009 Bs. 1.28 in 2010