Venezuela is currently immersed in one of the worst humanitarian and economic crisis in the Americas. Unfortunately, many still doubt the news about Venezuela and believe the issues to be exaggerated. The mission of Ask A Venezuelan is to inform the international community about the harsh realities of what is happening in Venezuela.
Venezuela has had the highest inflation level in the world and it has been in the top 10 countries with the highest inflation since 2002 (Source: IMF). From 2013 onward, the country has experienced the largest recession the western hemisphere has ever seen. Almost twice as large as the great depression in the United States!
According to The Washington Post, in the 20 years since chavismo took power, Venezuela has seen its economy shrink by 47% and has the world’s highest inflation rate, expected to reach 10,000,000% in 2019.
Venezuela has had the highest inflation level in the world and it has been in the top 10 countries with the highest inflation since 2002 (Source: IMF). From 2013 onward, the country has experienced the largest recession the western hemisphere has ever seen. Almost twice as large as the great depression in the United States!
According to The Washington Post, in the 20 years since chavismo took power, Venezuela has seen its economy shrink by 47% and has the world’s highest inflation rate, expected to reach 10,000,000% in 2019.
Venezuelan Refugee Crisis in Latin America
Colombia
Venezuelan Refugees
|
Peru
Venezuelan Refugees
|
Chile
Venezuelan Refugees
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Ecuador
Venezuelan Refugees
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Brazil
Venezuelan Refugees
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Source: UNHCR (June 2019)