“If they steal your wallet, there’s nothing in it"

Fewer bank robberies are occurring, because there’s not much cash in banks. Who can afford to save?

There are fewer cars on the road to steal. With the price of imported parts soaring, many vehicles just sit in garages.

And even the criminals are migrating, the report said, joining a mass exodus of over 3 million people seeking better opportunities abroad.

“In Venezuela, it’s just not profitable to be a thief anymore,” said Roberto Briceño-Leon, a sociologist who coordinates the observatory.