Oppositionen: Inflationen på 176 procent

The Crisis in Venezuela refers to the socioeconomic crisis that Venezuela has undergone since Hugo Chávez's tenure and which extended over the years into the current presidency of Nicolás Maduro. During the year 2016, for example, consumer prices rose 800%, the economy contracted by 18.6%, and hunger escalated to the point that the "Venezuela's Living Conditions Survey" (ENCOVI) found nearly 75 percent of the population had lost an average of at least 8.7 kg (19.4 lb) in weight due to a lack of proper nutrition. The murder rate in 2015 was 90 per 100,000 people according to the Observatory of Venezuelan Violence (compared to 5 per 100,000 in the US). The crisis affected the average life of Venezuelans on various levels; the rise of unemployment, which resulted in the emergence of social movements aimed at changing the economic and productive model, as well as questioning the political system and demanding a democratic renewal. The most important social movement is the Venezuelan student movement, which has arisen mainly due to precariousness and economic conditions. Political corruption, scarcity of basic products, closure of companies, deterioration of productivity and competitiveness, and high dependence on oil are other problems that have also contributed to the worsening crisis.