Ielts Academic Writing Task 1 Sample 86

You should spend a maximum of 20 minutes on this task. Write about the following topic: 

The image provides information about the key facts about the Bolivarian Republic of Venezuela in 2024.

Summarize the information by selecting and reporting the main features, and make comparisons where relevant.

You should write at least 150 words.

The infographic provides key data on Venezuela’s economic and social indicators as of 2024. The country’s population is recorded at 26.5 million, and the gross domestic product (GDP) at current prices stands at 102.3 billion U.S. dollars. 

In terms of debt, Venezuela’s national debt reached 4.2 trillion dollars in 2023. The inflation rate for June 2024 is extremely high at 51.4%, which reflects the country’s ongoing economic challenges. Meanwhile, the unemployment rate for 2023 is relatively moderate at 5.5%.

Concerning the standard of living, the minimum monthly salary is reported to be 130 U.S. dollars, which is supplemented by various food and economic vouchers to aid low-income individuals. Despite these measures, poverty levels remain significant, with 82% of the population living below the poverty line and 53% classified as living in extreme poverty.

Overall, Venezuela’s economy continues to face significant difficulties, marked by high inflation and substantial debt, alongside widespread poverty affecting the majority of the population.