Economic
Venezuela Faces Soaring Inflation And Growing Unrest
Venezuela's economy faces severe inflation and worsening living conditions after Maduro's ouster in January 2026.
Venezuela is experiencing a new wave of economic hardship following the ouster of President Nicolas Maduro in January 2026. The country's annual inflation rate reached around 600% in February 2026, with the bolivar rapidly losing value. Oil production dropped by 21% in January 2026, reducing export revenues and dollar inflows. A typical family now needs about 677 US dollars per month for basic groceries, while wages remain at poverty levels with the minimum wage effectively frozen for years. Roughly 80% of surveyed Venezuelans report that the economic situation has not improved compared to 2025, contributing to widespread frustration and social unrest.
- Status
- active
- Location
- Venezuela
- Date added
- 2026-04-01 14:13 UTC
- Added by
- gregoryamericaapdrmis
- Last updated
- Source published dsate/time
- Not provided
- Event date/time
- Not provided
- Connected threats
-
- Not Available