The Economy of Venezuela
The Exodus
Around seven to eight million Venezuelans left the country, one of the largest displacement crises in the world.
People voted with their feet.
Numbers
Estimates put emigrants at more than seven million, roughly a quarter of the population.
Destinations
Most went to neighbours such as Colombia, Peru, Chile and Brazil, and others to the US and Spain.
Effects on hosts
Host countries faced strain on services but also gained workers.
Remittances
Money sent home became a lifeline for many families.
A long walk
Families crossed borders on foot with few belongings.
Ignoring the cost to hosts and migrants alike
Both faced hardship.
Key takeaways
- Over seven million left.
- Neighbours hosted most.
- Hosts faced strains.
- Remittances helped families.
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