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Venezuelan real salary has fallen 89.9% by March

Monday, February 20, 2017

Venezuela becomes the poorest country, ahead of Haiti

While Haiti had occupied for many years the first place of the ranking of countries, as the poorest of the hemisphere, now it is dethroned by Venezuela of this first position unenviable. Indeed, the Venezuelan national survey conducted in Venezuela in 2016 on the living conditions of Venezuelan households confirms that Venezuela has become one of the poorest countries in the world and at the top of the list in America Latin. The figures show that 82% of Venezuelan households live in a decadent condition, of which 52% are in extreme poverty and 18% are close to entering this category. In 2014, 51% of Venezuelan households were not considered poor, 24.8% were in moderate poverty, and 23% were in extreme poverty. More…

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