11 Worst Governed Countries in The World

Page 8 of 12

5. Venezuela

Score – 23

If you’ve been watching the news lately, you’ve surely noticed all the news about Venezuela and how the country has a record inflation, namely 141 percent. What’s worse, however, is that according to Economic Times, the inflation is expected to hit 720 percent this year after the price of oil plummeted.

Other issues the country has are with economic freedom – according to data from Heritage Foundation, Venezuela ranks 176th out of 178 nations. The country’s crime levels are also through the roof. Data from 2012 from the United Nations Office on Drugs and Crime puts Venezuela on the second spot when it comes to the crime rate.

Worst Governed Countries in The World

testing/Shutterstock.com

Page 8 of 12