The country where locals are desperately poor despite having more oil than Saudi Arabia
Venezuela holds 18 percent of the world's oil reserves but is unable to capitalise on this due to economic ruin.
Venezuela is one of the world's most crisis-stricken countries, with millions living in abject poverty and in fear for their lives due to rampant crime in the capital Caracas and elsewhere.
This is despite the South American nation being the most oil-rich country on the planet.
The country used to be one of the most affluent on the continent.
In 2004, the country's previous leader, Hugo Chavez, oversaw a period of progress thanks largely to surging oil prices.
This enabled Chavez to make billions and then invest the earnings in public services such as healthcare, education, and food subsidies.
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However, Venezuela would then be left with a huge deficit when oil prices came down again, resulting in an economic crisis.
Once a respected democracy, the country has now been taken over by authoritarian leader Nicolas Maduro, who, since being elected in 2013, has used the military and judiciary to consolidate his power.
During this time, Venezuela's economy plunged into catastrophe, with hyperinflation leaving millions in dire straits.
According to Worldometer, Venezuela ranks highest on the list of oil-rich countries with 18.2 percent of the world's share.
Second is Saudi Arabia with 16.2 percent. Crown Prince Mohammed Bin Salman has been able to use this to his advantage to create a booming economy.
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While Venezuela has a lot of oil, mismanagement at Petróleos de Venezuela (PDVSA), Venezuela's state-run oil company, has meant the country has been unable to make the most of these reserves.
The country lacks the basic equipment, supplies, and expertise to extract the oil efficiently.
Venezuela has been heavily bankrolled by China and Russia in recent years. In 2014, Venezuela borrowed nearly $50billion (£39billion) from China and an estimated $5billion (£3.9billion) from Russia.
The crisis has resulted in millions fleeing the country to neighbouring Colombia, Peru, and Brazil among others.
Around 8 million Venezuelans are displaced globally, with 3 million of these in Colombia.
