I came across this chart in a report by Jake Johnston and Sara Kozameh for the Center for Economic and Policy Research in Washington, D.C. Click on Venezuela: Economic and Social Performance Under Hugo Chavez, in Graphs for their complete report and more charts. Johnston and Kozemeh make the point that Venezuela was devastated by a strike in 2002-2003 by workers in the Venzuelan government oil company. It was only after the strike that the Venezuela economy really took off.
The charts I’ve posted present information from diverse sources, but they tell the same story.
Tags: Hugo Chavez, Hugo Chavez's Record, Venezuela, Venezuelan Economy, Venezuelan GDP
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