They helped Venezuela catch up with North Korea in economic freedom, that is. That’s according to the recent 2017 Index of Economic Freedom ranking, which places Venezuela in 179th position -- next to North Korea, which occupies the 180th. Published by the Heritage Foundation, the Economic Freedom report measures such things as trade freedom, business freedom, investment freedom, and the degree of property rights protection in 180 countries actually ranked. Venezuela is also catching up with North Korea in corruption, while it is well ahead in inflation, which runs at 800%. Which in this case, is next to North Korea.

Source: Forbes March 05, 2017 14:18 UTC