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Poverty in Venezuela increased during the 1980s and early 1990s, but it decreased greatly in the mid to late 1990s. The decreasing trend continued through the Chávez presidency, with the exception of the troubled years 2002 and 2003.
In 2015, Venezuela had over 100% inflation—the highest in the world and the highest in the country's history at that time. [36] According to independent sources, the rate increased to 80,000% at the end of 2018 [37] with Venezuela spiraling into hyperinflation [38] while the poverty rate was nearly 90 percent of the population. [39]
In 2018, Venezuela's murder rate–described as the highest in the world–had begun to decrease to 81.4 per 100,000 people according to the Venezuelan Violence Observatory (OVV), with the organization stating that this downward trend was due to the millions of Venezuelans that emigrated from the country at the time. [252]
For Yeri Guerra, getting by during hard times in Venezuela means sometimes skipping meals so her two young boys still at home can eat before heading to school. According to a survey recently ...
Shortages in Venezuela of food staples and basic necessities occurred throughout Venezuela's history. [6] Scarcity became more widespread following the enactment of price controls and other policies under the government of Hugo Chávez [7] [8] and exacerbated by the policy of withholding United States dollars from importers under the government of Nicolás Maduro. [9]
Nicolás Maduro is the authoritarian leader of Venezuela. Last weekend, ... and crippling poverty. Socialism is brutal, as the people of Venezuela know perfectly well.
ECLAC showed a 2013 poverty rate of 32% while Pedro España calculated a 2015 rate of 48% with a poverty rate of 70% possible by the end of 2015. [30] According to Venezuelan NGO PROVEA, by the end of 2015, there would be the same number of Venezuelans living in poverty as there was in 2000, reversing the advancements against poverty by Hugo ...
This means that anyone living on less than $2.15 a day is considered to be living in extreme poverty. About 692 million people globally were in this situation in 2024. [8] The second table lists countries by the percentage of the population living below the national poverty line—the poverty line deemed appropriate for a country by its ...