An ongoing socioeconomic and political crisis began in Venezuela during the presidency of Hugo Chávez and has worsened during the presidency of successor Nicolás Maduro. It has been marked by hyperinflation, escalating starvation, [3] disease, crime and mortality rates, resulting in massive emigration. [4]

May 9, 2019 · With Venezuela’s gross domestic product plummeting even more than the United States during the Great Depression, many of its nearly 32 million inhabitants became unable …

Sep 23, 2024 · The Venezuelan economy has suffered from decades of disastrous economic policies – and more recently, from economic sanctions. The country has seen the largest ever decline in living standards outside war, revolution or the collapse of the state.

Jul 31, 2024 · In recent years, Venezuela has suffered economic collapse, with output shrinking significantly and rampant hyperinflation contributing to a scarcity of basic goods, such as food and medicine....

1 day ago · Trump's 2025 policy reversal on Venezuelan oil deals and Maduro’s disputed re-election have triggered massive protests, economic turmoil, and global fallout. Here’s what it means for Venezuela and the world.

Jul 24, 2024 · Since 2015, seven million Venezuelans have left the country, according to The International Organisation of Migration. The human rights organization Foro Penal recently reported that the military and police have made 15,848 arbitrary arrests since 2014, and that 287 remain as political prisoners.

Aug 18, 2024 · The downfall of Venezuela is a complex narrative of political and economic mismanagement. The combination of nationalization, centralization of power, media control, and the suppression of opposition laid the groundwork for the country's current crisis.

Aug 7, 2024 · Since 2015, over 7.7 million Venezuelans have fled the country, escaping economic hardship and political repression. How did this oil-rich nation reach such a troubled state? The crisis can be traced back to 1999 when Hugo Chávez was elected president.

5 days ago · Until the 1990s, Venezuela was home to one of the most established democracies in Latin America. Today, however, it stands as one of the region's most firmly entrenched authoritarian regimes.

Nov 12, 2019 · In The Collapse of Venezuela, Foreign Affairs examines the failed policies that drove the country to disaster and the forces that have kept it in a state of emergency.