Saturday, February 25, 2017

VENEZUELA - 82% of Venezuelan households live in poverty

Due to the severe economic crisis that continues to affect Venezuela, there is a lack of food and basic products in the Country.

The inflation index indicated by the Central Bank in 2015 is 180.9%. 

From a survey, carried out by the Central de Venezuela, Católica Andrés Bello and Simón Bolivar universities, it emerges that 82% of households in the Country lives in poverty, 52% in extreme poverty, and only 18% of households are not poor. 

The study, entitled Encuesta sobre Condiciones de Vida en Venezuela, was conducted on 6,500 households in 2016. 

From 2014 to 2016, it recorded a brutal change in the quality of life of Venezuelans, the rate poverty went from 48% to 82%.

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