Economy Under Siege: Venezuela's Crisis in Facts and Figures

With plots and explanations, we delve into Venezuela's economic struggles.

By Venezuelanalysis.com

Venezuela has suffered a years-long economic crisis that has seen GDP fall by more than 65%. The downturn was triggered by the 2014 oil price crash, with crushing US sanctions then multiplying the struggles and blocking any possible solutions.

In the following infographic, designed by Utopix’s Kael Abello, we look at some of the economic indicators from the Caribbean nation’s recession.

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A look at several indicators that showcase Venezuela's economic crisis as the country struggles to overcome years of recession under the weight of US sanctions. (Venezuelanalysis / Kael Abello)
A look at several indicators that showcase Venezuela's economic crisis as the country struggles to overcome years of recession under the weight of US sanctions. (Venezuelanalysis / Kael Abello)
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