808% Inflation rate

Venezuela had the world's highest inflation rate in 2015 with over 808%', 'Venezuela, named the Bolivarian Republic of Venezuela since 1999, is located on the northern coast of South America. The country comprises a continental mainland and numerous islands in the Caribbean Sea. It borders Guyana to the east, Brazil to the south, and Colombia to the west. Its Caribbean neighbors off the northern coast are Trinidad and Tobago, Grenada, Barbados, Curaçao, Bonaire, Aruba, Saint Vincent and the Grenadines and the Leeward Antilles. Falling within the tropics, Venezuela sits closer to the Equator, in the Northern Hemisphere. Venezuela is known widely for its petroleum industry, the environmental diversity of its territory, and its natural features. Home to a huge diversity of wildlife in a variety of protected habitats, Venezuela is considered to be among the 17 most megadiverse countries in the world. Venezuela is also among the most urban countries in Latin America. The majority of the population is concentrated in the north, especially in the largest metropolis, Caracas.

Other major cities include Maracay, Maracaibo, Barquisimeto, Valencia, and Ciudad Guayana.Venezuela, named the Bolivarian Republic of Venezuela since 1999, is located on the northern coast of South America. The country comprises a continental mainland and numerous islands in the Caribbean Sea. It borders Guyana to the east, Brazil to the south, and Colombia to the west. Its Caribbean neighbors off the northern coast are Trinidad and Tobago, Barbados, Curaçao, Bonaire, Aruba, Saint Vicent and the Grenadines and the Leeward Antilles. Falling within the tropics, Venezuela sits closer to the Equator, in the Northern Hemisphere. Venezuela is known widely for its petroleum industry, the environmental diversity of its territory, and its natural features. Home to a huge diversity of wildlife in a variety of protected habitats, Venezuela is considered to be among the 17 most megadiverse countries in the world. Venezuela is also among the most urban countries in Latin America. The majority of the population is concentrated in the north, especially in the largest metropolis, Caracas. Other major cities include Maracay, Maracaibo, Barquisimeto, Valencia, and Ciudad Guayana.