$391 Per Worker: Venezuela's Productivity Collapse and What It Means for Anyone Who Wants to Produce There

Rating B- · Outlook positivo · Outlook stable. Rating B- · Positive outlook. Real output per worker in Venezuela fell from $1,014 in 2008 to $391 in 2025. To match the output of one American worker, you need 286 Venezuelans. The most devastating number in the country isn't inflation or debt — it's productivity. And no OFAC license fixes it.