Venezuela economic crisis

URI: https://gptkb.org/entity/Venezuela_economic_crisis

GPTKB entity

Predicate	Object
gptkbp:instanceOf	economic crisis
gptkbp:affectedIndustry	gptkb:industry agriculture education healthcare public services
gptkbp:cause	government mismanagement falling oil prices
gptkbp:country	gptkb:Venezuela
gptkbp:currency	gptkb:Venezuelan_bolívar
gptkbp:effect	food shortages hyperinflation mass emigration medicine shortages poverty increase
gptkbp:emigrationNumber	over 7 million by 2023
gptkbp:GDP	over 60% from 2013 to 2020
https://www.w3.org/2000/01/rdf-schema#label	Venezuela economic crisis
gptkbp:inflation_rate	over 1,000,000% in 2018
gptkbp:internationalResponse	sanctions by European Union sanctions by United States humanitarian aid offers
gptkbp:mainExports	gptkb:oil
gptkbp:notableFigure	gptkb:Hugo_Chávez gptkb:Nicolás_Maduro gptkb:Juan_Guaidó
gptkbp:notableFor	gptkb:Amnesty_International gptkb:United_Nations_Human_Rights_Council gptkb:Human_Rights_Watch 2016 2017 2018
gptkbp:notableOrganization	gptkb:International_Monetary_Fund gptkb:United_Nations gptkb:World_Bank
gptkbp:oilProductionDecline	from 2.5 million barrels/day in 2013 to under 1 million in 2020
gptkbp:populationBelowPovertyLine	over 90% by 2021
gptkbp:precededBy	Venezuelan oil boom
gptkbp:presidentDuringTerm	gptkb:Nicolás_Maduro
gptkbp:relatedEvent	gptkb:Venezuelan_refugee_crisis gptkb:2017_Venezuelan_protests gptkb:2014_Venezuelan_protests
gptkbp:replacedBy	redenomination in 2018 redenomination in 2021
gptkbp:startDate	2013
gptkbp:unemploymentRate	over 35% in 2018
gptkbp:bfsParent	gptkb:Hyperinflation_in_Zimbabwe
gptkbp:bfsLayer	8