Fleeing Venezuela’s Crushing Economic Crisis

The ongoing economic crisis in Venezuela is driving people to leave the country by the hundreds of thousands—often crossing borders on foot—seeking better lives in Brazil, Colombia, Ecuador, Peru, and beyond. They are fleeing a nation that now experiences frequent power outages and water shortages, and suffers from a severe lack of food and basic medical supplies. Hyperinflation has become such a burden that new currency was recently issued, at a conversion rate of 100,000 bolivars (old currency) to 1 sovereign bolivar (new). The IMF estimated that Venezuela’s rate of inflation might reach 1,000,000 percent this year. Just this week, several new economic measures will take effect, including a more-than-3,000 percent hike in the minimum wage. The rising numbers of refugees are causing problems in bordering countries as well, with countries like Ecuador and Peru tightening restrictions on immigration. Gathered here: a look inside Venezuela over the past few months, and at some of those who chose to leave their ailing country behind.

Read more
Hints: View this page full screen. Skip to the next and previous photo by typing j/k or ←/→.

Most Recent

  • Ezra Acayan / Getty

    Photos of the Week: Giant Boar, Ice Music, Patagonian Glacier

    A bull-taming festival in India, icy purification in Tokyo, locusts in Ethiopia, illuminated hats in Switzerland, a coming-of-age ceremony in Tokyo, bushfires in Australia, and much more.

  • Franck Fife / AFP / Getty

    Photos From the 2020 Dakar Rally

    Images of some of the 560 competitors taking part in a 12-day, 4,660-mile (7,500-kilometer) off-roading adventure held entirely in Saudi Arabia this year.

  • © Greg Lecoeur / Ocean Art

    Winners of the 2019 Ocean Art Underwater Photo Contest

    Some of the top images from the 16 categories of underwater photography in this year’s competition.

  • Ezra Acayan / Getty

    Photos of the Eruption of Taal Volcano

    Hundreds of thousands of residents within a 10-mile radius of the volcano are now being evacuated.