UNDP: Venezuela Grows in 2025, but Oil Rebound Clashes with Inflation and Sanctions
The Venezuelan economy shows a mixed performance in 2025: GDP grew by 7.7% in the first half of the year, driven by oil production, which reached its highest levels since 2019, and the government implemented increases in public sector income. However, inflation, the devaluation of the bolivar, and U.S. oil sanctions threaten to undermine these advances, according to a report by the United Nations Development Programme (UNDP).