In Venezuela, almost 95% are already poor and 76% suffer from extreme poverty

94.5% of Venezuelans are poor, while 76.6% live in the extreme poverty, because their income is not sufficient to cover their food needs.

“We reached a roof of the poverty“As extreme poverty continues to worsen, said sociologist Luis Pedro Espaa during the presentation of the National survey on living conditions 2021, made by the Andrés Bello Catholic University (UCAB). Compared to the period 2019-2020 poverty increased by three percentage points (91.5%, the previous measure) while extreme poverty increased by 9 points (67.7%).

The figures contrast sharply with those presented Nicolas maduro before Parliament: according to the government, in 2020 only 17% of the population lives in poverty, and 4% in extreme poverty.

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Meanwhile, Spain claims that only 5.5% of the population is located above the poverty, the minority who were able to “index” their income to the inflacine and the depreciation of bolvar.

El pas is in recession eight years ago and suffered a severe hyperinflacin, an economic scenario that has worsened with childbirth for pandemic and the fuel shortage by the collapse of the oil industry. According to Spain, this has resulted in a “mobility crisis” which has had an impact on the number of active workers. In this direction, only 50% of the economically active population (around 7.6 million Venezuelans) has a job.

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“Why in Venezuela Do people leave work? (…) The cost of going to work starts to be higher than the remuneration you will receive“, Explain.

In this context, the minimum wage added to a food voucher -86.5% of households receive government assistance – equivalent to only u $ s 2. In contrast, the average income in the private sector is $ 50 per month.

The survey, carried out between March and April, covers a universe of 14,000 families.

It is estimated that some 5,000,000 people have emigrated from the country since 2014.