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An earthquake has hit Venezuela, sparking fears of landslides in the crisis-hit Latin American nation.

The epicentre of the tremor was the city of Maracaibo which is in the north east of the country.

It is unclear how much damage the quake - which is believed to be as much as magnitude 5 - has caused, but parts of Venezuela are vulnerable to landslides.

The nation is in the middle of an economic crisis caused by years of mismanagement by its former President Hugo Chavez.

(Image: Google)

The country is reportedly set for hyperinflation of up to 1,500% by the beginning of next year.

The economy, which is heavily dependent upon oil is believed to be shrinking by around 11%.

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