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 …

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 …

Aug 27, 2025 · Venezuelans are facing severe food insecurity amid a prolonged crisis. The Associated Press found that economic collapse, U.S. sanctions, and cuts to aid and subsidies have made …

4 days ago · The impact of this imperialist step could worsen the already weak Venezuelan economy. But how did a petrostate with the most proven resources end up with a strained economy in the first …

Dec 27, 2025 · Venezuela’s minimum wage is barely $1 a month. Economic growth, following the collapse of the country’s productive system, has been uneven and far from sufficient, concentrated in …

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 …

Apr 4, 2025 · Economic and Humanitarian Crisis By most accounts, Maduro’s government has mismanaged the economy and engaged in widespread corruption. Between 2014 and 2021, …

Dec 2, 2025 · Discover how Venezuela fell from one of the world’s richest oil nations to a modern humanitarian, economic, and political crisis. A full 2025 geopolitical analysis.

Aug 7, 2024 · Due to its vast oil reserves, Venezuela, once one of the wealthiest countries in South America, is now mired in a severe political and economic crisis. Since 2015, over 7.7 million …

May 9, 2019 · Overspending, lower oil prices and political unrest all combined to trigger a decline for the once-prosperous nation. It wasn’t that long ago that Venezuela, which possesses the world’s largest...