The economic crisis in Venezuela has led to a deterioration of the humanitarian conditions and increased humanitarian needs. Import restrictions and hyperinflation reduce availability and access to basic goods and services. The economic crisis is exacerbated by a political crisis revolving around the erosion of democratic institutions. While the number of people in need in Venezuela and the severity of need is unclear due to lack of data, surveys conducted by local organisations point to an increasingly dire situation. Migration to other countries in South America, particularly Colombia and Brazil, has significantly increased since 2017 and the host countries are increasingly struggling to receive these arrivals. Over one million Venezuelans are estimated to live in Colombia, up from some 300,000 in mid-2017. Priority needs of people affected by the crisis inside Venezuela include food, health, nutrition, and protection. Many migrants from Venezuela hosted by countries in the region also face growing humanitarian concerns, particularly protection and shelter needs.