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AMERICAS · VEN

Venezuela

Standing at elevated. One or more drivers escalating; watch armed. 1 report on file; updated 4 Aug 2026.

PoliticalEconomic

The call over time

  1. 3 Jul 2026Elevated
    Venezuela: managed consolidation drives a renewed migration wave

    Post-election consolidation without meaningful liberalization is the base case. The near-term regional risk is a renewed outward migration wave straining Colombian and Brazilian border capacity.

    TOMÁS REYES

Open forecasts

60%
Desk

Net monthly outflow from Venezuela rises above its 2025 average in at least two months before 2027-01-31.

RESOLVES BY 31 Jan 2027
WHERE DO YOU PUT IT?Log your own call →
60%
Desk

Net monthly outflow from Venezuela rises above its 2025 average in at least two months before 2027-01-31.

RESOLVES BY 31 Jan 2027
WHERE DO YOU PUT IT?Log your own call →
60%
Desk

Net monthly outflow from Venezuela rises above its 2025 average in at least two months before 2027-01-31.

RESOLVES BY 31 Jan 2027
WHERE DO YOU PUT IT?Log your own call →

Indicators on the board

  • ElevatedRegistration backlog at Cúcuta exceeds three weeks
  • ArmedMonthly outflow exceeds trailing-year mean by 40%
  • ElevatedRegistration backlog at Cúcuta exceeds three weeks
  • ArmedMonthly outflow exceeds trailing-year mean by 40%
  • ElevatedRegistration backlog at Cúcuta exceeds three weeks
  • ArmedMonthly outflow exceeds trailing-year mean by 40%