The awarding of the 2025 Nobel Peace Prize to María Corina Machado highlights Venezuela's prolonged political crisis. Under Hugo Chávez (1999-2013) and Nicolás Maduro (2013-present), Venezuela has experienced economic collapse, hyperinflation, and massive emigration — over 7.7 million Venezuelans have fled the country.

In the July 2024 presidential election, Machado was barred from running by the regime but supported opposition candidate Edmundo González Urrutia. The opposition presented detailed tally sheets showing González won with over 67% of the vote, but the regime-controlled National Electoral Council declared Maduro the winner without releasing vote tallies. International observers, including the Carter Center, stated the election did not meet democratic standards.

Machado founded the Atenea Foundation in 1992 for street children and Súmate in 2002 for election integrity. The Norwegian Nobel Committee described the prize as recognition that 'peaceful, democratic change is the answer to Venezuela's crisis.' Machado is the first Venezuelan to receive a Nobel Prize. Her courage in remaining in Venezuela despite threats draws comparisons to Myanmar's Aung San Suu Kyi's 1991 Peace Prize.