page_title: Venezuela
section_title: Shortages
hierarchical_section_title: Venezuela / Economy / Shortages
caption_attribution_description: Español: Escasez en Venezuela, Central Madeirense
context_page_description: Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many small islands and islets in the Caribbean Sea. It has a territorial extension of 916,445 km² and the population of Venezuela was estimated at 28 million in 2019. The capital and largest urban agglomeration is the city of Caracas.
  The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the north and in the capital.
  The territory of Venezuela was colonized by Spain in 1522 amid resistance from indigenous peoples.
context_section_description: Shortages in Venezuela have been prevalent following the enactment of price controls and other policies during the economic policy of the Hugo Chávez government. Under the economic policy of the Nicolás Maduro government, greater shortages occurred due to the Venezuelan government's policy of withholding United States dollars from importers with price controls.
  Shortages occur in regulated products, such as milk, various types of meat, coffee, rice, oil, flour, butter, and other goods including basic necessities like toilet paper, personal hygiene products, and even medicine. As a result of the shortages, Venezuelans must search for food, wait in lines for hours and sometimes settle without having certain products. Maduro's government has blamed the shortages on "bourgeois criminals" hoarding goods.
  A drought, combined with a lack of planning and maintenance, has caused a hydroelectricity shortage.  To deal with lack of power supply, in April 2016 the Maduro government announced rolling blackouts and reduced the government workweek to only Monday and Tuesday. A multi-university study found that, in 2016 alone, about 75% of Venezuelans lost weight due to hunger, with the average losing about 8.6 kg (19 lbs) due to the lack of food.
  By late-2016 and into 2017, Venezuelans had to search for food on a daily basis, occasionally resorting to eating wild fruit or garbage, wait in lines for hours and sometimes settle without having certain products. By early 2017, priests began telling Venezuelans to label their garbage so needy individuals could feed on their refuse. In March 2017, Venezuela, with the largest oil reserves in the world, began having shortages of gasoline in some regions with reports that fuel imports had begun.
caption: Empty shelves in a store in Venezuela due to shortages
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