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Inflation in Venezuela in 2018 was 130 060 percent. The central bank said after four years of silence.
Economic data are, in principle, strictly kept secret from the authoritarian regime of Nicolas Maduro. The country's economy shrunk by 19.2% in the first nine months of 2018 on an annual basis, as private consumption has fallen sharply and inflation has risen.
Between 2013 and 2018, Venezuela's economy shrunk by 47.6 percent, according to data from the central bank.
Against this background, the International Monetary Fund estimated last year's inflation in Venezuela at 1 million and 370 thousand percent in April. For 2019, the IMF predicts in its report inflation of 10 million percent.
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According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
In a move set to reverberate through global markets and geopolitical dynamics, the United States has announced the renewal of sanctions against Venezuela, citing unmet political commitments by President Nicolás Maduro
Eurostat's latest report revealed a slowdown in annual inflation across the European Union, with the figure dropping to 2.6% in March 2024 from 2.8% the previous month
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%
Inflation in Turkey soared to a staggering 68.5% year-on-year in March, according to data released by the Turkish Statistical Institute Turkstat
Ukraine's Prime Minister, Denys Shmyhal, issued a stark warning, stating that a third world war would erupt if Russia emerged victorious in the ongoing conflict
In a widely expected outcome, Croatia's ruling conservative party, the Croatian Democratic Union (HDZ), emerged victorious in the parliamentary elections
Republican Congressman Mike Johnson from Louisiana has made a significant pivot in his stance on foreign aid, potentially swaying conservative opinion in favor of supporting aid to Ukraine
German authorities have apprehended two individuals holding dual German and Russian citizenship on suspicion of orchestrating acts of sabotage, including targeting United States military installations, to undermine military support for Ukraine.
Indonesia is grappling with a mounting crisis as rescue teams mobilize to evacuate thousands of people following a series of volcanic eruptions that have rattled the region
In a rare and highly anticipated move, Pavel Durov, the enigmatic owner and founder of the social platform Telegram, has emerged from years of relative seclusion to grant his first interview in a decade
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
