Andrés Bello Catholic University
In a multi-university study by the Andrés Bello Catholic University (UCAB), the Central University of Venezuela (UCV) and the Simon Bolivar University (USB), a comparison to the Venezuelan government's National Statistics Institute (INE) showed that overall poverty trends eventually reversed and increased between 1999 and 2015, rising from approximately 45% in 1999 to 48.4% in 2015 according to the study performed by universities. Months later, the same universities found that 73% of Venezuelan households lived in poverty, with poverty increasing over 24% in about one year.