Caracazo

The Caracazo is the name given to the wave of protests, riots and looting that started on 27 February 1989 in the Venezuelan city of Guarenas, spreading to Caracas and surrounding towns following austerity measures from President Carlos Andrés Pérez. The weeklong clashes resulted in the deaths of hundreds, thousands by some accounts, mostly at the hands of security forces and the military. The riots and the protests began mainly in response to the government's economic reforms and the resulting increase in the price of gasoline and transportation

Caracazo
Part of Protests in Venezuela
Top, left, right: Venezuelans cheering during the rioting; the looting of stores in Caracas; and police responding to a scene
Date27 February 1989 – 5 March 1989
(6 days)
Location
Caused byAusterity measures
Methods
  • Protests
  • Riots
  • Looting
Resulted in
  • Civilian casualties
  • $212 million of damage (2022 USD)
  • Political instability
Parties
Protesters
Government of Venezuela
Casualties
Death(s)277 (government)
2,000–5,000 (independent est.)
Injuries2,000+
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