A new study from the University Andrés Bello’s Center for Political and Governmental Studies projects a stable, yet undemocratic, Venezuela in 2026. The forecast anticipates significant growth in Venezuela’s petroleum-based GDP during the latter half of the forecast period. However, this economic improvement is not expected to trigger a political transition or democratization. Researchers predict a continuation of the current political landscape, lacking meaningful change. The report suggests the economic stability will be largely driven by oil sector performance, rather than broader political reforms. This scenario indicates a potential for economic growth occurring alongside sustained authoritarian rule. The study’s findings were recently published by EL NACIONAL.
