The crisis in Venezuela is an ongoing socioeconomic and political crisis that began in Bolivarian Venezuela during the presidency of Hugo Chávez and has continued since. It has been marked by hyperinflation, escalating starvation, disease, crime and mortality rates, resulting in massive emigration from the country.

When did Venezuela's economic crisis began?

According to NPR, the economic crisis in Venezuela started in 2010, and the health crisis followed by two years and significantly worsened in 2017, but the situation in 2019 "is even more dismal than researchers expected".

When did Venezuela inflation start?

Venezuela began experiencing continuous and uninterrupted inflation in 1983, with double-digit annual inflation rates. Inflation rates became the highest in the world in 2014 under Nicolás Maduro, and continued to increase in the following years, with inflation exceeding 1,000,000% by 2018.