In thirteen years, Venezuela saw its GDP per capita plummet by more than 75%, while Indonesia increased it by 35%. Two emerging economies, two completely opposite destinies. What does this tell us about economic policies and resource management?
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GDP per capita: a tale of two paths
2012:
🇻🇪 Venezuela: $12,690
🇮🇩 Indonesia: $3,740
2025:
🇻🇪 Venezuela: $3,100
🇮🇩 Indonesia: $5,070
In thirteen years, Venezuela saw its GDP per capita plummet by more than 75%, while Indonesia increased it by 35%. Two emerging economies, two completely opposite destinies. What does this tell us about economic policies and resource management?