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Venezuela's economy grew more than 5% in 2023 and growth will reach 8% this year, President Nicolas Maduro said on Monday during his annual address to the government-allied legislature. Venezuela ...
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Venezuela’s complex social, economic and political crisis has driven more than 7.4 million people to migrate and pushed millions of others into poverty. Food insecurity has been a deciding ...
It is the worst economic crisis in Venezuela's history, and the worst facing a country in peacetime since the mid-20th century. The crisis is often considered more severe than the Great Depression in the United States, the 1985–1994 Brazilian economic crisis, or the 2008–2009 hyperinflation in Zimbabwe. [5]
In 2014 The Central Bank of Venezuela stopped releasing statistics for the first time in its history as a way to possibly manipulate the image of the economy. [199] Venezuela has also dismantled CADIVI, a government body in charge of currency exchange. [121] In May 2019, the Central Bank of Venezuela released economic data for the first time ...
This article needs to be updated. Please help update this article to reflect recent events or newly available information. (April 2023) Economy of Venezuela Plaza Venezuela in Caracas Currency Bolívar Digital (VES) Fiscal year Calendar year Trade organizations WTO, OPEC, Unasur, ALBA Statistics Population 28,301,696 (2022) GDP $102.328 billion (nominal, 2024 est.) $224.526 billion (PPP, 2024 ...
Venezuela's exact population is unclear as the last census in the South American country was conducted in 2011. At the time, it concluded there were 27.2 million people — but since the country’s political, economic and social crisis over the last decade, more than 7.7 million have left.
China and Venezuela signed several bilateral cooperation documents focused on various areas including economy, trade and tourism, China's state broadcaster China Central Television (CCTV) said on ...