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Venezuela has wartime levels of violence but Maduro's government stopped giving crime figures long ago

Experts say armed assaults and killings have fallen, with gangsters complaining about the price of bullets

But the lawlessness in the failing socialist state has increased thefts, drug trafficking and illegal gold mining

The 'Crazy Boys' of Caracas rule the sprawling Petare slum which clears of residents when night falls

Feared killer El Negrito, 24, says firing his gun is now a luxury with inflation meaning a clip of ammo costs $15

Venezuela's murderous 'Crazy Boys' gang who make their living by kidnapping in one of the world's most violent cities - Caracas - have given an astonishing interview shedding light on the reality of life inside the failing socialist state.

The gangsters make money by kidnapping ordinary citizens off the streets and demanding ransoms that can be as little as a car or fancy watch, but such meagre items still represent a tidy profit in the impoverished nation.

Venezuela has been ruled by Nicolás Maduro for five years.

However Maduro clung to power and socialist rule continues in the nation amid soaring hyper inflation that is making many of Caracas' hardened criminals consider leaving the country.

Feared Caracas street gangster El Negrito, 24, sleeps with a silver revolver under his pillow and says he's lost track of his murder count.

El Negrito says the hyperinflation has disrupted his bloody track record and firing his gun has become an expensive luxury. Ten bolivars - now worth just $1 - used to get you a gun, now that doesn't even get you a pack of cigarettes.

'If you empty your clip, you're shooting off $15,' said El Negrito, speaking to The Associated Press on the condition he be identified only by his street name and photographed wearing a hoodie and face mask to avoid attracting unwelcome attention. 'You lose your pistol or the police take it and you're throwing away $800.'

He leads for-hire hoodlums called the Crazy Boys, a band that forms part of an intricate criminal network in Petare, one of Latin America's largest and most feared slums.