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2 clusters · 9 sources · 3 days · First seen · Last updated

Venezuela food insecurity and economic access

Overview

Economic barriers in Venezuela have created a significant gap between food availability and household access. In September, the cost of a monthly food basket for a family of five reached $761.35, representing a 29.8% increase in dollar terms over the previous 12 months. Because the minimum wage has remained unchanged since March 2022, workers can only cover approximately 0.02% of this subsistence budget, necessitating roughly 4,860 monthly salaries to meet basic needs.

Research indicates that approximately 71% of the population lacks the income required to afford a healthy diet. This financial constraint has forced a shift in consumption patterns toward carbohydrates, oils, and sugars, while reducing the intake of proteins, thereby increasing risks of obesity and diabetes. Additionally, infrastructure issues such as power outages and poor road conditions contribute to food loss, particularly for perishable goods.

Entities

Central Bank of Venezuela · Luisa Molina · Venezuela · University of Los Andes · Cendas-FVM

Timeline

  1. [HEALTH] 3 sources
    Venezuela: 71% of population unable to afford healthy diet

    Research indicates 71% of Venezuelans cannot afford a healthy diet due to insufficient income, leading to increased carbohydrate consumption and nutritional imbalances despite improved food availability.

  2. [BUSINESS] 6 sources
    Venezuela food basket costs $761 per month for a family of five

    In September, a family of five in Venezuela required $761.35 for food, a figure that covers only 0.02% of the current monthly minimum wage.

Sources

alertas24.com · curadas.com · diariosanrafael.com.ar · el-carabobeno.com · eldiario.com · elobservadordelsur.com · laverdaddevargas.com · notiespartano.com · primicia.com.ve