Venezuela is among the poorest economies in the region, with nearly 80% of its citizens living in extreme poverty, yet it has been excluded from vaccination programs for poor countries because its economic data has not been updated since 2014, when it reported a per capita income of $13,080. According to the Spanish newspaper, El Pais.
The newspaper pointed out that Venezuela exited an initiative led by the World Health Organization, the United Nations and the Global Alliance for Vaccines (GAVI), to ensure access to vaccines against the Corona virus in developing countries.
The distribution of countries between the two accesses to Kovacs (self-financed or subsidized by donations from the richest countries) is based on the World Bank's 2019 gross per capita income data.
Venezuela, in numbers from 2014, is listed as a high-income country, which is why it was excluded from the list of 92 countries that can receive free vaccinations, such as Haiti, Honduras or El Salvador. Oil is at an all-time low, and citizens are struggling vainly against hyperinflation amid a humanitarian crisis that has raged for years.
The Venezuelan economy, traditionally the fifth largest in Latin America with a GDP per capita of $12,000, currently has a similar size to that of countries like Honduras or El Salvador, at $1,500 per capita, and Venezuela continues to emerge as a rich country, although it has not longer as well.
However, at the beginning of June, the GAVI Alliance warned that the government still had to pay part of the $120 million in Venezuela's purchase and that banks had halted four transactions.
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