Political map of South American nations 21 January 2018 (South America Today): In 2016 Colombia finally negotiated an end to its five decades-long civil war (Colombian peace process). Meanwhile, with falling oil prices undermining Venezuela's economy and political stability (Crisis in Venezuela (2012–present)), and protests challenging leftist governments in many nations, the future of Latin America's Pink Tide seemed far from certain. As Venezuela descended into chaos, its GDP per capita fell below Colombia's for the first time in modern history.