Venezuela Economic Impact Database 2024-2025: Key Indicators and Influencing Factors

Description

This database compiles key economic indicators and principal influencing factors for Venezuela's economy during 2024-2025, based on data retrieved from Perplexity.ai and its cited sources including Bloomberg, Trading Economics, Americas Quarterly, CEIC Data, Al Jazeera, Statista, Morgan Lewis, Mercopress, ACAPS, CFR, and Yahoo Finance. The dataset covers: GDP growth rate, inflation rate, unemployment rate, oil production (bpd), official and black-market exchange rates (Bs/USD), household poverty rate, foreign exchange reserves, remittances, external public debt, trade balance, and dollarization rate. Key influencing factors analyzed include: U.S. sanctions on PDVSA, oil sector performance, informal dollarization, the migration crisis (7.7M+ emigrants), the political crisis and Maduro's removal, remittance flows, public debt constraints, and trade balance dynamics. Data period: 2024–2025 (with 2023 baseline where available). Sources are cited per indicator. Official Venezuelan figures are noted where applicable, with caveats on reliability due to limited independent verification access.

Institutions

• Universidad Internacional De La Rioja

  La Rioja, Logroño

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