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POLITICS
&
SOCIETYPovertyandinequalityinVenezuelaCHAPTER
01LatinAmericanOverviewForecastedpercentagepointchangeinextremepovertyacrossLatinAmericanandCaribbeancountriesbetween2021and2022ChangeintheshareofpopulationlivinginextremepovertyinLAC2021-2022Percentagepointchange-1.0%Colombia-0.5%0.0%0.5%1.0%1.5%2.0%2.5%3.0%2.5%MexicoNicaraguaParaguayArgentinaHondurasGuatemalaElSalvadorCostaRicaPeru1.1%1%1%0.7%0.6%0.5%0.3%0.3%0.3%BrazilChile0.2%0.2%Uruguay0%3Description:InthemajorityoftheanalyzedcountriesinLatinAmericaandtheCaribbean,theshareofthepopulationlivinginextremepovertywasexpectedtogrowin2022comparedto2021.Colombiapresentedthemostadversesituation,asextremepovertyinthecountrywasexpectedtoincreaseby2.5percentagepoints.Ontheflipside,itwasforecastedthatexremepovertywoulddeclineinfourcountries:DominicanRepublic,Ecuador,PanamaandBolivia.
ReadmoreNote(s):2021and2022Source(s):EconomicCommissionforLatinAmericaandtheCaribbeanNumberofpeoplelivinginpovertyandextremepovertyinLatinAmericafrom1990to2022(inmillions)PeoplelivinginpovertyandextremepovertyinLatinAmerica1990-2022PovertyExtremepoverty25020015010050229212203201201186181176171868182706463625248019902002201020152018201920202021*20224Description:Overall,boththenumberofpeoplelivinginpovertyandextremepovertyinLatinAmericahasincreasedsince2015,reaching201and82millionpersonsin2022,respectively.Therecentsetbackexperiencedintheregionpartiallyrevertedtheimprovementswitnessedduringtheearly2000s.Furthermore,indigenouspeopleinLatinAmericacontinuetoexperienceextremelyhighpovertyrates.ReadmoreNote(s):LAC;1990to2022Source(s):EconomicCommissionforLatinAmericaandtheCaribbeanPovertyrateinselectedLatinAmericancountriesin2021,bygenderPovertyratebygenderinLatinAmericancountries2021MaleFemale60%50%40%30%20%10%0%5Description:In2021,allselectedLatinAmericancountriesregisteredahigherpovertyrateforwomenthanformen.MexicorankedamongthehighestpovertyratesbothformalesandfemalesonlybehindHonduras.
ReadmoreNote(s):LAC;2021;*Latestavailabledata.ReadmoreSource(s):EconomicCommissionforLatinAmericaandtheCaribbeanShareofindigenouspopulationlivinginpovertyinselectedLatinAmericancountriesin2021,bycountryPercentageofindigenouspeoplelivinginpovertyinLatinAmericancountries202170%62%60%49.1%50%40%30%20%10%0%47.2%35.4%31.5%23%6.1%ColombiaPanamaEcuadorBolivia*BrazilPeruUruguay6Description:Asof2021,Colombiahadthelargestshareofindigenouspopulationlivinginpoverty,with62percent.Ecuador,wherenearly49percentofindigenouspeoplehadanaveragepercapitaincomebelowthepovertylevel,rankedsecond.Bycontrast,thisfigurewasonly6.1percentincaseofUruguay.ReadmoreNote(s):2021;*DataforBoliviarefersto2019.Percentageofthepopulationwhoseaveragepercapitaincomeisbelowthepoverty.
ReadmoreSource(s):EconomicCommissionforLatinAmericaandtheCaribbeanCHAPTER
02PovertyPercentageofhouseholdsinpovertyandextremepovertyinVenezuelafrom2002to2021Venezuela:householdpovertyrate2002-2021PovertyExtremepoverty96.2%79.3%100%90%80%70%92.3%
92.6%90.61%
90.82%82.8%50.8%76.5%63.7%67.97%59.46%61.5%30%60.1%29.8%57%60%50%40%30%20%10%0%51.7%22.6%47%38%12%34.4%10.7%33.4%
32.9%9.5%
9.3%33.1%32.5%
32.4%31.7%29%25.3%20.6%11.4%8.9%
8.8%
8.8%8.2%2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020*
20218Description:Since2017,theshareofhouseholdslivingunderthepovertylineinVenezuelahasbeensurpassing90percent.Inaddition,morethansixoutofeverytenhouseholds(67.97percent)livedinextremepovertyin2021.TheoverallhouseholdpovertyrateinVenezuelahasregisteredasteadygrowthfrom2014to2019,afterhavingremainedrelativelystable,below40percent,since2005.Althoughpovertyiswidespreadamongthepopulationasawhole,somegroupsaremorevulnerablethan[...]
ReadmoreNote(s):Venezuela;2002to2021;*Figurespriorto2020wereretrievedfromEncuestaNacionaldeCondicionesdeVida2019-2020:Lapobrezaensusmúltiplesdimensiones,page4.Atotalof9.932householdsweresurveyedinthe2019edition[...]
ReadmoreSource(s):UniversidadCatólicaAndrésBelloPercentageofpopulationlivingbelowthepovertylineinVenezuelain2021,bystateVenezuela:povertyratebystate2021Shareofpopulation50%
60%0%10%20%30%40%70%80%90%100%110%AmazonasYaracuySucreMonagasBarinasTrujillo99%99%98%97%97%97%97%97%97%PortuguesaFalcónCojedesGuáricoBolívar96%96%96%96%ApureZulia9Description:Amazonas,asparselypopulatedstatelocatedinthesouthernpartofVenezuela,istheregionwiththehighestpovertyrateinVenezuela.In2021,99percentofthepopulationinAmazonasstatewasconsideredtolivebelowthepovertyline.YaracuyandSucrewereotherVenezuelanstatesthatregisteredthehighestpovertyratesthatyear,bothabove97percent.MorethanhalfofhouseholdsinVenezuelaareestimatedtobeunderextremepoverty.
ReadmoreNote(s):Venezuela;2021Source(s):UniversidadCatólicaAndrésBelloPercentageofpopulationlivinginextremepovertyinVenezuelain2021,bystateVenezuela:extremepovertyratebystate2021Shareofpopulation40%
50%0%10%20%30%60%70%80%90%100%AmazonasMonagasFalcón87%86%84%84%83%82%81%YaracuySucreBolívarTrujilloAnzoáteguiZulia81%81%DeltaAmacuroAraguaPortuguesaNationalaverage80%80%79%77%10Description:Amazonas,oneofthe24Venezuelanfederalentities,registeredthehighestextremepovertyrateinthecountryin2021.Thatyear,around87percentofthepopulationofAmazonaswasconsideredtolivebelowtheextremepovertyline.MonagaswastheVenezuelanstatewiththesecondhighestextremepovertyrate,at86percent.MorethanhalfofhouseholdsinVenezuelaareestimatedtobeunderextremepoverty.
ReadmoreNote(s):Venezuela;2021Source(s):UniversidadCatólicaAndrésBelloMunicipalitieswiththehighestshareofpopulationlivinginpovertyinVenezuelain2021Venezuela:citydistrictswiththehighestpovertyrate2021Shareofpopulation40%
50%0%10%20%30%60%70%80%90%100%110%ManapiareBolívar*99.98%99.98%99.95%99.95%99.94%99.94%99.94%99.94%99.94%99.94%99.94%99.94%99.93%JesúsEnriqueLossadaPeñaOcumaredelaCostadeOroAndrésEloyBlancoAndrésMataBenítezBolívar***CajigalMejíaRiberoPíritu****11Description:ThemunicipalitiesofManapiareandBolívar,locatedintheVenezuelanstatesofAmazonasandFalcón,respectively,registeredthehighestshareofpopulationlivingunderthepovertylineinthecountryin2021.Thatyear,almosttheentirepopulationofthesemunicipalitieswasreportedtobelivinginpoverty.Allthe25Venezuelancitieslistedinthisstatistichadatleast99.7percentoftheirpopulationlivingunderthepovertyline.ReadmoreNote(s):Venezuela;2021Source(s):UniversidadCatólicaAndrésBelloPercentageofpopulationlivinginpovertyinVenezuelain2021,bygenderVenezuela:shareofpopulationlivinginpovertybygender2021100%90%80%70%60%50%40%30%20%10%0%95.12%94.46%93.78%WomenNationalaverageMen12Description:In2021,thenationalpovertyrateofVenezuelawasreportedat94.46percent.Incomparison,morewomenthanmenwereestimatedtoliveinpoverty.Upto95.1percentofthefemalepopulationinVenezuelalivedinpoverty,whereasthemalepovertyratestood1.34percentagepointslower.YoungersegmentsoftheVenezuelanpopulationregisteredhigherpovertyratesthanthenationalaverage.
ReadmoreNote(s):Venezuela;2021Source(s):UniversidadCatólicaAndrésBelloPercentageofpopulationlivinginpovertyinVenezuelain2021,byagegroupVenezuela:shareofpopulationlivinginpovertybyage2021120%98.03%95.98%100%80%60%40%20%0%94.46%92.62%90.61%Youngerthan1515to24yearsAverage25to64years65orolder13Description:In202!,theagegroupwiththelowestpovertyrateinVenezuelawasamongthoseaged65orolder,withashareof90.61percentofthisgrouplivingunderthepovertyline.Incomparison,thehighestpovertyratewasregisteredamongVenezuelansyoungerthan15,at98.03percent.ReadmoreNote(s):Venezuela;2021Source(s):UniversidadCatólicaAndrésBelloCHAPTER
03InequalityGINIcoefficientinVenezuelafrom2014to2022GINIcoefficientinVenezuela2014-20220.70.60.60.570.50.50.40.30.20.10.00.470.41201420162019-20202021202215/statistics/1416810/gini-coefficient-venezuelaDuringthedisplayedtimeperiodinVenezuela,theGINIcoefficient,whichreflectsthedegreeofwealthdistributioninequality,hasexhibitedapositivetrend,reachingavalueof0.6in2022.Thisindicatesagreaterincomedisparityamongthepopulation.ReadmoreNote(s):2014to2022Source(s):UniversidadCatólicaAndrésBelloGendergapindexinVenezuelafrom2014to2021Venezuela:gendergapindex2014-20210.710.710.710.70.690.690.69201420152016201720182020202116Description:AfterthreeconsecutiveyearsinwhichVenezuelascored0.71inthegendergapindex,thecountryscored0.699in2021.Thisdecreaserepresentsaslightworseningofgenderequalityinthecountry.Theindexscoreofalmost0.7revealsagendergapofapproximately30percent(womenare30percentlesslikelythanmentohaveequalopportunities).Duringthisperiod,thegendergapintheareaofpoliticalempowermentinVenezuelaamountedto80percent.
ReadmoreNote(s):2014to2021;1=equality;0=inequalitySource(s):WorldEconomicForumGendergapindexinVenezuelain2021,bycategoryVenezuela:gendergapindex2021,byarea10.980.70.620.2PoliticalempowermentEconomicparticipation&opportunityHealth&survivalEducationalattainmentOverallscore17Description:In2021,Venezuelawasatthebottomthreeinthegendergapindexoutof26LatinAmericancountries.Venezuelascored0.2intheareaofpoliticalempowerment,whichshowsagendergapofapproximately80percent(womenare80percentlesslikelythanmentohaveequalopportunitiesinpoliticalparticipation).TheoverallgendergapindexscoreofVenezuelaisat0.699.ReadmoreNote(s):2021;1=equality;0=inequalitySource(s):WorldEconomicForumGendergapindexintheareaofeconomicparticipationandopportunityinVenezuelain2021,bycategoryVenezuela:labormarketgendergapindex2021,byarea10.680.620.590.490.43Estimatedearnedincome*
Legislators,seniorofficials
Laborforceparticipation
Wageequalityforsimilar
Professionalandtechnicalandmanagers
work
workersOverallscore**18Description:In2021,Venezuelascored0.617inthegendergapindexareaofeconomicparticipationandopportunity.Thismeansthatwomenareatapproximately38percentdisadvantageinthesectorofeconomicopportunitiesincomparisontomen.Morespecifically,thatyear,thecountryscored0.43inestimatedearnedincome,whichshowsthat,onaverage,womeninVenezuelaonlyearn43percentoftheincomeearnedbymen.
ReadmoreNote(s):2021;1=equality;0=inequality;*BasedonconstantinternationalU.S.dollarsat2017values.**Includingotherindicatorswhicharenotshowninthegraph.Figureshavebeenrounded.Theindexscoresshowninthegraphmayslightly[...]
ReadmoreSource(s):WorldEconomicForumCHAPTER
04FoodinsecurityFoodinsecurityindexinVenezuelain2022,bytypeFoodinsecurityindexinVenezuela2022,bytype90%78.1%80%70%60%50%40%30%20%10%0%64.5%63.2%49.3%40.7%33%30.7%13.9%WorriedaboutrunningoutoffoodLittlevarietyinfoodconsumtionStoppedeatinghealthyfoodEatlessfoodStoppedmakingonemealRanoutoffood
Felthungrybutdid
Didnoteatforanoteat
day20Description:InVenezuela,asof2022,thefoodinsecurityindexhasbeenhighestamongthepopulationwhoexpressedconcernsaboutrunningoutoffood,registeringat78.1.Thisgroupwasfollowedbythosewhoreportedcompromisingtheirdietbyeatinglesshealthyfoodandexperiencingvariationsintheirfoodconsumption.ReadmoreNote(s):March2020toJuly2022Source(s):UniversidadCatólicaAndrésBelloFoodinsecurityrateinVenezuelain2021,bystateFoodinsecurityrateinVenezuela2021,bystateFoodinsecurityrate0%10%20%30%40%50%60%70%80%90%100%110%TrujilloAmazonasApure99.3%99.2%99.2%99.2%99.2%99.1%99%DeltaAmacuroGuaricoSucreYaracuyBarinas98.8%PortuguesaMonagasCojedes98%96.9%95.9%Tachira95.5%94.8%Zulia21Description:InVenezuela,asof2021,thefoodinsecurityrate,characterizedbyanindividual'sinsufficientaccesstosafeandnourishingfoodnecessaryforhealthygrowthanddevelopment,wasmostpronouncedinthestateofTrujillo,standingatastaggering99.3percent.ReadmoreNote(s):2021Source(s):UniversidadCatólicaAndrésBelloModerateorseverefoodinsecurityrateinVenezuelain2021,bystateModerateorseverefoodinsecurityrateinVenezuela2021,bystateFoodinsecurityrate0%10%20%30%40%50%60%70%80%90%AmazonasApureSucreDeltaAmacuroTachira82.3%80.4%78.7%77.5%74.2%73.4%72.9%71%69.8%68.5%67.9%65.2%64.1%GuaricoBarinasYaracuyPortuguesaTrujilloFalconZuliaMerida22Description:InVenezuelain2021,theprevalenceofindividualsexperiencingmoderatetoseverefoodinsecuritywasmorepronouncedinthestateofAmazonas,reaching82.3percent.Foodinsecurityisdefinedasaconditionwhereindividualslackconsistentaccesstoanadequatesupplyofsafeandnutritiousfoodessentialfornormalgrowth,development,andahealthy,activelife.ReadmoreNote(s):2021Source(s):UniversidadCatólicaAndrésBelloCHAPTER
05InflationVenezuela:Inflationratefrom1985to2024(comparedtothepreviousyear)InflationrateinVenezuela202470,000%60,000%50,000%40,000%30,000%20,000%10,000%65,374.08%19,906.02%2,355.15%1,588.51%1
1
.
3181%.
5248%.
1249%.
4874%.
4460%.
6364%.
2311%.
4328%.
1620%.
8529%.
9929%.
8580%.
0345%.
7283%.
5176%.
2112%.
5232%.
4331%.
0291%.
7155%.
9163%.
6
61
%8
.73
%1
.
4246%.
0248%.
1296%.
0291%.
0470%.
6642%.
172%1
.27544%.49358%.
1
2
%2
0
0
.39919%1.
9989%.
9
8
%0%24Description:DuetoVenezuelacurrentlybattlinghyperinflation,theaverageinflationrateinVenezuelaamountedtoabout438.12percentin2017comparedtothepreviousyear.Afterthatyear,thereareonlyestimatestopinpointinflationinthecountry,asVenezuela`seconomyiscollapsing.ReadmoreNote(s):*Estimate.Figureshavebeenrounded.ReadmoreSource(s):IMFAnnualaverageconsumerpriceindexinVenezuelafrom2002to2024AnnualaverageconsumerpriceindexinVenezuela2002-202425Description:TheannualaverageconsumerpriceindexinVenezuelawasforecasttocontinuouslyincreasebetween2023and2024byintotal39,929,891,733,371.4points(+199.99percent).Afterthetwentysecondconsecutiveincreasingyear,theindexisestimatedtoreach59,896,253,688,125pointsandthereforeanewpeakin2024.Notably,theannualaverageconsumerpriceindexwascontinuouslyincreasingoverthepastyears.
ReadmoreNote(s):Venezuela;2002to2024Source(s):IMFAnnualinflationrateofendofperiodconsumerpricesofVenezuelafrom2002to2024AnnualinflationrateofendofperiodconsumerpricesofVenezuela2002-2024140,000120,000100,00080,00060,00040,000130,060.2420,0009,585.492,959.8431.22
27.08
19.18
14.36
16.97
22.46
30.9
25.06
27.18
27.57
20.07
56.19
68.54
180.87274.35862.63686.38233.99249.99229.9902002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
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