VENEZUELA ECONOMY CORRUPTION INDEX OF ECONOMIC FREEDOM COUNTRY RANKINGS GRAPH DATA HEAT MAP EXPLORE DOWNLOADS THE INDEX VENEZUELA CUBA NORTH KOREA OVERALL WORLD RULE OF LAW PROPERTY RIGHTS GOVERNMENT JUDICIAL SIZE GOVERNMENT SPENDING TAX BURDEN EFFICIENCY BUSINESS LABOR MONETARY FREEDOM OPEN MARKETS TRADE INVESTMENT FINANCIAL FREEDOM CREATE COMPARISON CHART ANOTHER COUNTRY READ CLOSE QUICK FACTS GDP BILLION COMPOUND ANNUAL GROWTH PER CAPITA INFLATION SHORTAGES CONSUMER GOODS ERODED MONETARY ALREADY FRAGILE DIRE ECONOMIC SUBSTANTIAL RISK CIVIL UNREST SPIRAL ECONOMY THE RULE OF LAW THE PRINCIPLE LIMITED GOVERNMENT PRIVATE SECTOR MARGINALIZED INSTITUTIONAL RELATED ENCROACHMENT THE MARKETPLACE JUDICIAL SYSTEM POLITICAL BACKGROUND DECADES GENERALLY MILITARY MODERN DEMOCRATIC HUGO PRESIDENT HANDPICKED CURRENT THE EXECUTIVE BRANCH EXERCISED INCREASINGLY VENEZUELANS ENJOY CIVIL LIBERTIES LITTLE VIOLENT CRIME MEMBER THE ORGANIZATION OF PETROLEUM EXPORTING LARGEST PROVEN OIL RESERVES DEPENDENT OIL ACCOUNT ALMOST ALL EXPORTS HALF STATE PRODUCTION FALLEN OIL COMPANY PDVSA RULE METHODOLOGY MEASUREMENT INTEGRITY EFFECTIVENESS EXPROPRIATIONS WEAK LACK JUDICIAL INDEPENDENCE UNDERMINE REAL PROPERTY PARTICULARLY CURRENCY PRICE CONTROLS OPPORTUNITIES COLLUSION PUBLIC OFFICIALS ORGANIZED CRIME SPIRALING RATES HEALTH PERSONAL INCOME TAX RATE CORPORATE TAX RATE TAXES PERCENT TOTAL DOMESTIC TOTAL OUTPUT THE PAST BUDGET DEFICITS AVERAGED PUBLIC DEBT EQUIVALENT FREEDOM UNDERCUT PRODUCTIVITY LABOR MARKET REMAINS DYNAMIC EMPLOYMENT CREATION THE CENTRAL BANK RELEASE STATISTICS CARACAS THINK TANK ANNUAL DRIVEN SCARCITY IMPORTED VALUE IMPORTS TAKEN AVERAGE TARIFF GOVERNMENT POLICIES DISCOURAGE FOREIGN DISTORT THE FINANCIAL SYSTEM UNCERTAINTY DIRECTION SCORE OVER TIME VIEW CHART SCORES REGIONAL RANKING RANK CHANGE VINCENT THE GRENADINES RICA SALVADOR ENTIRE REGION THE HERITAGE FOUNDATION ALL RIGHTS RESERVED HEAT