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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Venezuela

55.9

High · 50+Rank 4 of 192−1.3 against the previous edition · #4 → #4Americas · South America · 5 of 5 sub-indices available
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Rank in its region1 / 35Americas
Rank in its income group1 / 47Lower-middle income
Comparable countriesSouth SudanIGE 55.4 · distance 11.5Comparable countriesSudanIGE 51.8 · distance 13.8

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Designations under country programmes: 525 (2026), risk percentile 100.source
  • Export concentration (HHI): 0.95 (2013), risk percentile 100.source
  • Rule of law (WGI): 22.4 (2025), risk percentile 100.source
  • Control of corruption (WGI): 16.9 (2025), risk percentile 100.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints17Effective 25 %
Sanctions68Effective 25 %
Commodity concentration55Effective 20 %
Institutional fragility84Effective 15 %
Sovereign stress73Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

c2f429eef81f49632f14678820b1f516607dc7e47defc086b6a338fc249725e3

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 17.0

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)8.2 % of GDP · percentile 11
Total chokepoint exposure (2025)9.2 % of GDP · percentile 2
Net energy import dependence (2024)0 % · percentile 0
Fuel share of imports (2013)0.8 % · percentile 0
Landlocked (transit dependence) (2026)no · percentile 0
Logistics performance (LPI) (2022)2.3 · percentile 89

Sanctions · 68.4

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regime (2026)sectoral regime · percentile 60
Designations linked to the country (2026)340 · percentile 92
Designations under country programmes (2026)525 · percentile 100
Entities under US export controls (2026)5 · percentile 43
Exposure to sanctioned partners (2023)40.2 · percentile 47

Commodity concentration · 54.6

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2013)0.95 · percentile 100
Import concentration (HHI) (2013)0.54 · percentile 67
Fuel and food share of imports (2013)19.2 % · percentile 12
Natural resource rents (2014)11.9 % of GDP · percentile 40
Terms-of-trade volatilityinsufficient data

Institutional fragility · 84.3

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)22.4 · percentile 100
Political stability and absence of violence (WGI) (2025)39.2 · percentile 88
Government effectiveness (WGI) (2025)23.8 · percentile 95
Control of corruption (WGI) (2025)16.9 · percentile 100
INFORM risk index (2026)6.4 · percentile 79
Battle-related deaths per 100,000 peopleinsufficient data
Intentional homicides per 100,000 people (2022)12.65 · percentile 39
New conflict displacements per 1,000 peopleinsufficient data
Political and security events (90 days) (2026)84.3 · percentile 88
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 72.9

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2016)3.7 months · percentile 80
Current account balance (2025)0.6 % of GDP · percentile 42
Annual inflation (2016)255 % · percentile 100
Annual depreciation against the dollarinsufficient data
External debt to GNIinsufficient data
Debt service to exportsinsufficient data
Short-term debt to reservesinsufficient data
Broad money to reserves (2013)6.2× · percentile 42
Interest payments to revenueinsufficient data
Intelrift daily country risk (2026)54 · percentile 100