Wednesday, 8 June 2016

Comparison between Chile and Venezuela

The chart below, based on data from the IMF, shows change in real GDP per capita in Chile and Venezuela since 1980. GDP per capita has increased by 177% in Chile, but has fallen by 22% in Venezuela. According to the CIA World Factbook, 14% of Chileans live in poverty, compared to 32% of Venezuelans (the latter figure, from 2013, is almost certainly an underestimate). 

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