Venezuela: The Land of 500% Inflation

http://money.cnn.com/2016/04/12/news/economy/venezuela-imf-economy/index.html

Inflation in Venezuela is projected to increase 481% this year and by a staggering 1,642% next year, according to new estimates released Tuesday by the International Monetary Fund.

"Venezuela is on the precipice of hyper inflation," says Kathryn Rooney Vera, research director at BullTick Capital Markets in Miami.
The IMF also forecasts that Venezuela -- which rarely publishes its own economic data -- will have an unemployment rate of 17% this year and nearly 21% next year.
For some context, the last time the unemployment rate hit that high in the United States was during the Great Depression in the 1930s, when it spiked to as much as 25%.