Global Poverty

Poverty Hits 48.4% Of Households In Venezuela

venezuela-povertyPoverty in Venezuelan in 2014 hit 48.4% of households, thus exceeding the figures reported in recent years, according to a social survey disclosed on Thursday by the three most notorious universities of the country.

Based on the figures of the National Statistics Institute, households living in poverty amounted to 27.3% in the second half of 2013, versus 47% one year later. According to another survey conducted back in 1998, households living in poverty totaled 45%. Read Full Article