Venezuelan inflation rate in 2011: 26.10%

Bs.

Inflation in 2011 and its effect on bolivar value

Bs. 1 in 2010 is equivalent in purchasing power to about Bs. 1.26 in 2011. The bolivar had an average inflation rate of 26.10% per year between 2010 and 2011, producing a cumulative price increase of 26.10%. Purchasing power decreased by 26.10% in 2011 compared to 2010. On average, you would have to spend 26.10% more money in 2011 than in 2010 for the same item.

This means that prices in 2011 are 1.26 times as high as average prices in 2010, according to the International Monetary Fund consumer price index.

The inflation rate in 2010 was 28.20%. The inflation rate in 2011 was 26.10%. The 2011 inflation rate is lower compared to the average inflation rate of 490.12% per year between 2011 and 2021.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 2011 was 332,194.21. It was 263,437.12 in the previous year, 2010. The difference in CPI between the years is used by the International Monetary Fund to officially determine inflation.

⌃
Inflation from 2010 to 2011
Average inflation rate 26.10%
Converted amount
Bs. 1 base		 Bs. 1.26
Price difference
Bs. 1 base		 Bs. 0.26
CPI in 2010 263,437.123
CPI in 2011 332,194.212
Inflation in 2010 28.20%
Inflation in 2011 26.10%
Bs. 1 in 2010 Bs. 1.26 in 2011
Recent VEF inflation
Annual Rate, the International Monetary Fund CPI
Download

How to calculate inflation rate for Bs. 1, 2010 to 2011

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and 2011:

CPI in 2011CPI in 2010
×
2010 VEF value
=
2011 VEF value

Then plug in historical CPI values. The Venezuelan CPI was 263437.1233 in the year 2010 and 332194.2124 in 2011:

332194.2124263437.1233
×
Bs. 1
=
Bs. 1.26

Bs. 1 in 2010 has the same "purchasing power" or "buying power" as Bs. 1.26 in 2011.

To get the total inflation rate for the 1 years between 2010 and 2011, we use the following formula:

CPI in 2011 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

332194.2124 - 263437.1233263437.1233
×
100
=
26%

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 2011 | Venezuela Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/Venezuela-inflation-rate-in-2011.

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 2010 to 2011
Average inflation rate 26.10%
Converted amount
Bs. 1 base		 Bs. 1.26
Price difference
Bs. 1 base		 Bs. 0.26
CPI in 2010 263,437.123
CPI in 2011 332,194.212
Inflation in 2010 28.20%
Inflation in 2011 26.10%
Bs. 1 in 2010 Bs. 1.26 in 2011