Venezuela  
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This page was last updated on 4 September 2008


Map of Venezuela



Legend: DefinitionDefinition Field ListingField Listing Rank OrderRank Order
   Introduction    Venezuela Top of Page
Background:
Definition Field Listing
Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.
   Geography    Venezuela Top of Page
Location:
Definition Field Listing
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
Geographic coordinates:
Definition Field Listing
8 00 N, 66 00 W
Map references:
Definition Field Listing
South America
Area:
Definition Field Listing Rank Order
total: 912,050 sq km
land: 882,050 sq km
water: 30,000 sq km
Area - comparative:
Definition Field Listing
slightly more than twice the size of California
Land boundaries:
Definition Field Listing
total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
Coastline:
Definition Field Listing
2,800 km
Maritime claims:
Definition Field Listing
territorial sea: 12 nm
contiguous zone: 15 nm
exclusive economic zone: 200 nm
continental shelf: 200-m depth or to the depth of exploitation
Climate:
Definition Field Listing
tropical; hot, humid; more moderate in highlands
Terrain:
Definition Field Listing
Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
Elevation extremes:
Definition Field Listing
lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 m
Natural resources:
Definition Field Listing
petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Land use:
Definition Field Listing
arable land: 2.85%
permanent crops: 0.88%
other: 96.27% (2005)
Irrigated land:
Definition Field Listing
5,750 sq km (2003)
Total renewable water resources:
Definition Field Listing
1,233.2 cu km (2000)
Freshwater withdrawal (domestic/industrial/agricultural):
Definition Field Listing
total: 8.37 cu km/yr (6%/7%/47%)
per capita: 313 cu m/yr (2000)
Natural hazards:
Definition Field Listing
subject to floods, rockslides, mudslides; periodic droughts
Environment - current issues:
Definition Field Listing
sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations
Environment - international agreements:
Definition Field Listing
party to: Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
signed but not ratified:: none of the selected agreements
Geography - note:
Definition Field Listing
on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall
   People    Venezuela Top of Page
Population:
Definition Field Listing Rank Order
26,414,816 (July 2008 est.)
Age structure:
Definition Field Listing
0-14 years: 31% (male 4,162,862/female 4,034,044)
15-64 years: 63.8% (male 8,299,266/female 8,562,290)
65 years and over: 5.1% (male 602,725/female 753,628) (2008 est.)
Median age:
Definition Field Listing
total: 25.2 years
male: 24.6 years
female: 25.8 years (2008 est.)
Population growth rate:
Definition Field Listing
1.498% (2008 est.)
Birth rate:
Definition Field Listing Rank Order
20.92 births/1,000 population (2008 est.)
Death rate:
Definition Field Listing Rank Order
5.1 deaths/1,000 population (2008 est.)
Net migration rate:
Definition Field Listing Rank Order
-0.84 migrant(s)/1,000 population (2008 est.)
Sex ratio:
Definition Field Listing
at birth: 1.05 male(s)/female
under 15 years: 1.03 male(s)/female
15-64 years: 0.97 male(s)/female
65 years and over: 0.8 male(s)/female
total population: 0.945 male(s)/female (2008 est.)
Infant mortality rate:
Definition Field Listing Rank Order
total: 22.02 deaths/1,000 live births
male: 25.61 deaths/1,000 live births
female: 18.26 deaths/1,000 live births (2008 est.)
Life expectancy at birth:
Definition Field Listing Rank Order
total population: 73.45 years
male: 70.4 years
female: 76.65 years (2008 est.)
Total fertility rate:
Definition Field Listing Rank Order
2.52 children born/woman (2008 est.)
HIV/AIDS - adult prevalence rate:
Definition Field Listing Rank Order
0.7%; note - no country specific models provided (2001 est.)
HIV/AIDS - people living with HIV/AIDS:
Definition Field Listing Rank Order
110,000 (1999 est.)
HIV/AIDS - deaths:
Definition Field Listing Rank Order
4,100 (2003 est.)
Major infectious diseases:
Definition Field Listing
degree of risk: high
food or waterborne diseases: bacterial diarrhea and hepatitis A
vectorborne disease: dengue fever, malaria, and Venezuelan equine encephalitis (2008)
Nationality:
Definition Field Listing
noun: Venezuelan(s)
adjective: Venezuelan
Ethnic groups:
Definition Field Listing
Spanish, Italian, Portuguese, Arab, German, African, indigenous people
Religions:
Definition Field Listing
nominally Roman Catholic 96%, Protestant 2%, other 2%
Languages:
Definition Field Listing
Spanish (official), numerous indigenous dialects
Literacy:
Definition Field Listing
definition: age 15 and over can read and write
total population: 93%
male: 93.3%
female: 92.7% (2001 census)
School life expectancy (primary to tertiary education):
Definition Field Listing
total: 12 years
male: 11 years
female: 12 years (2003)
Education expenditures:
Definition Field Listing Rank Order
3.7% (2006)
   Government    Venezuela Top of Page
Country name:
Definition Field Listing
conventional long form: Bolivarian Republic of Venezuela
conventional short form: Venezuela
local long form: Republica Bolivariana de Venezuela
local short form: Venezuela
Government type:
Definition Field Listing
federal republic
Capital:
Definition Field Listing
name: Caracas
geographic coordinates: 10 30 N, 66 56 W
time difference: UTC-4.5 (half an hour ahead of Washington, DC during Standard Time)
Administrative divisions:
Definition Field Listing
23 states (estados, singular - estado), 1 capital district* (distrito capital), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands
Independence:
Definition Field Listing
5 July 1811 (from Spain)
National holiday:
Definition Field Listing
Independence Day, 5 July (1811)
Constitution:
Definition Field Listing
30 December 1999
Legal system:
Definition Field Listing
open, adversarial court system; has not accepted compulsory ICJ jurisdiction
Suffrage:
Definition Field Listing
18 years of age; universal
Executive branch:
Definition Field Listing
chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Executive Vice President Ramon Alonzo CARRIZALEZ Rengifo (since 4 January 2008); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Executive Vice President Ramon Alonzo CARRIZALEZ Rengifo (since 4 January 2008)
cabinet: Council of Ministers appointed by the president
elections: president elected by popular vote for a six-year term (eligible for a second term); election last held 3 December 2006 (next to be held in December 2012)
note: in 1999, a National Constituent Assembly drafted a new constitution that increased the presidential term to six years; an election was subsequently held on 30 July 2000 under the terms of this constitution
election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9%
Legislative branch:
Definition Field Listing
unicameral National Assembly or Asamblea Nacional (167 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 4 December 2005 (next to be held in 2010)
election results: percent of vote by party - NA; seats by party - pro-government 167 (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25), opposition 0; total seats by party as of 1 January 2008 - pro-government 152 (PSUV 114, PPT 11, indigenous 2, other 25), PODEMOS 15
Judicial branch:
Definition Field Listing
Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term)
Political parties and leaders:
Definition Field Listing
A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Communist Party of Venezuela or PCV [Jeronimo CARRERA]; Democratic Action or AD [Henry RAMOS Allup]; Fatherland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; United Socialist Party of Venezuela or PSUV [Hugo CHAVEZ]; Venezuela Project or PV [Henrique SALAS Romer]; We Can or PODEMOS [Ismael GARCIA]
Political pressure groups and leaders:
Definition Field Listing
FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action)
International organization participation:
Definition Field Listing
Caricom (observer), CDB, FAO, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, LAS (observer), Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in the US:
Definition Field Listing
chief of mission: Ambassador Bernardo ALVAREZ Herrera
chancery: 1099 30th Street NW, Washington, DC 20007
telephone: [1] (202) 342-2214
FAX: [1] (202) 342-6820
consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, San Juan (Puerto Rico)
Diplomatic representation from the US:
Definition Field Listing
chief of mission: Ambassador Patrick DUDDY
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080
mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037
telephone: [58] (212) 975-9234, 975-6411
FAX: [58] (212) 975-8991
Flag description:
Definition Field Listing
three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of eight white five-pointed stars centered in the blue band
   Economy    Venezuela Top of Page
Economy - overview:
Definition Field Listing
Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, more than 50% of the federal budget revenues, and around 30% of GDP. A nationwide strike between December 2002 and February 2003 had far-reaching economic consequences - real GDP declined by around 9% in 2002 and 8% in 2003 - but economic output since then has recovered strongly. Fueled by high oil prices, record government spending helped to boost GDP in 2006 by about 9% and in 2007 by about 8%. This spending, combined with recent minimum wage hikes and improved access to domestic credit, has created a consumption boom but has come at the cost of higher inflation-roughly 20 percent in 2007. Imports also have jumped significantly. Embolden by his December 2006 reelection, President Hugo CHAVEZ in 2007 nationalized firms in the petroleum, communications, and electricity sectors, which reduced foreign influence in the economy. Although voters in December 2007 rejected CHAVEZ's proposed constitutional changes, CHAVEZ still has significant control of the economy and has indicated he intends to continue to consolidate and centralize authority over the economy by implementing "21st Century Socialism."
GDP (purchasing power parity):
Definition Field Listing Rank Order
$334.6 billion (2007 est.)
GDP (official exchange rate):
Definition Field Listing
$236.4 billion (2007 est.)
GDP - real growth rate:
Definition Field Listing Rank Order
8.4% (2007 est.)
GDP - per capita (PPP):
Definition Field Listing Rank Order
$12,200 (2007 est.)
GDP - composition by sector:
Definition Field Listing
agriculture: 3.8%
industry: 38.4%
services: 57.8% (2007 est.)
Labor force:
Definition Field Listing Rank Order
12.37 million (2007 est.)
Labor force - by occupation:
Definition Field Listing
agriculture: 13%
industry: 23%
services: 64% (1997 est.)
Unemployment rate:
Definition Field Listing Rank Order
8.5% (2007 est.)
Population below poverty line:
Definition Field Listing
37.9% (end 2005 est.)
Household income or consumption by percentage share:
Definition Field Listing
lowest 10%: 0.7%
highest 10%: 35.2% (2003)
Distribution of family income - Gini index:
Definition Field Listing
48.2 (2003)
Inflation rate (consumer prices):
Definition Field Listing Rank Order
18.7% (2007)
Investment (gross fixed):
Definition Field Listing Rank Order
23.7% of GDP (2007 est.)
Budget:
Definition Field Listing
revenues: $65.83 billion
expenditures: $58.9 billion (2007 est.)
Public debt:
Definition Field Listing Rank Order
19.3% of GDP (2007 est.)
Agriculture - products:
Definition Field Listing
corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Industries:
Definition Field Listing
petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly
Industrial production growth rate:
Definition Field Listing Rank Order
3.9% (2007 est.)
Electricity - production:
Definition Field Listing Rank Order
99.2 billion kWh (2005)
Electricity - consumption:
Definition Field Listing Rank Order
73.36 billion kWh (2005)
Electricity - exports:
Definition Field Listing
0 kWh (2005)
Electricity - imports:
Definition Field Listing
0 kWh (2005)
Oil - production:
Definition Field Listing Rank Order
2.802 million bbl/day (2006 est.)
Oil - consumption:
Definition Field Listing Rank Order
599,000 bbl/day (2006 est.)
Oil - exports:
Definition Field Listing Rank Order
2.203 million bbl/day (2006 est.)
Oil - imports:
Definition Field Listing Rank Order
0 bbl/day (2006 est.)
Oil - proved reserves:
Definition Field Listing Rank Order
79.14 billion bbl (2007 est.)
Natural gas - production:
Definition Field Listing Rank Order
27.53 billion cu m (2005 est.)
Natural gas - consumption:
Definition Field Listing Rank Order
27.53 billion cu m (2005 est.)
Natural gas - exports:
Definition Field Listing Rank Order
0 cu m (2005 est.)
Natural gas - imports:
Definition Field Listing Rank Order
0 cu m (2005)
Natural gas - proved reserves:
Definition Field Listing Rank Order
4.112 trillion cu m (1 January 2006 est.)
Current account balance:
Definition Field Listing Rank Order
$23.23 billion (2007 est.)
Exports:
Definition Field Listing Rank Order
$69.17 billion f.o.b. (2007 est.)
Exports - commodities:
Definition Field Listing
petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
Exports - partners:
Definition Field Listing
US 44.1%, Netherlands Antilles 14.5%, China 3.1% (2006)
Imports:
Definition Field Listing Rank Order
$45.46 billion f.o.b. (2007 est.)
Imports - commodities:
Definition Field Listing
raw materials, machinery and equipment, transport equipment, construction materials
Imports - partners:
Definition Field Listing
US 27%, Colombia 9.8%, Brazil 9.6%, China 7.2%, Mexico 5.7%, Panama 4.6% (2006)
Economic aid - recipient:
Definition Field Listing
$48.66 million (2005)
Reserves of foreign exchange and gold:
Definition Field Listing Rank Order
$33.48 billion (31 December 2007 est.)
Debt - external:
Definition Field Listing Rank Order
$41.52 billion (31 December 2007 est.)
Stock of direct foreign investment - at home:
Definition Field Listing Rank Order
$46.04 million (2007 est.)
Stock of direct foreign investment - abroad:
Definition Field Listing Rank Order
$13.8 million (2007 est.)
Market value of publicly traded shares:
Definition Field Listing Rank Order
$8.251 billion (2006)
Currency (code):
Definition Field Listing
bolivar (VEB)
Exchange rates:
Definition Field Listing
bolivares per US dollar - 2,147 (2007), 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003)
note: On 1 January 2008 Venezuela revalued its currency with 1000 old bolivares equal to 1 new bolivar
Fiscal year:
Definition Field Listing
calendar year
   Communications    Venezuela Top of Page
Telephones - main lines in use:
Definition Field Listing Rank Order
4.217 million (2006)
Telephones - mobile cellular:
Definition Field Listing Rank Order
23.82 million (2007)
Telephone system:
Definition Field Listing
general assessment: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services; fixed-line teledensity is 16 per 100 persons; mobile-cellular subscribership jumped 50 percent in 2006
international: country code - 58; submarine cable systems provide connectivity to the Caribbean, Central and South America, and US; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network
Radio broadcast stations:
Definition Field Listing
AM 201, FM NA (20 in Caracas), shortwave 11 (1998)
Television broadcast stations:
Definition Field Listing
66 (plus 45 repeaters) (1997)
Internet country code:
Definition Field Listing
.ve
Internet hosts:
Definition Field Listing Rank Order
126,500 (2007)
Internet users:
Definition Field Listing Rank Order
4.14 million (2006)
   Transportation    Venezuela Top of Page
Airports:
Definition Field Listing Rank Order
390 (2007)
Airports - with paved runways:
Definition Field Listing
total: 128
over 3,047 m: 5
2,438 to 3,047 m: 10
1,524 to 2,437 m: 34
914 to 1,523 m: 61
under 914 m: 18 (2007)
Airports - with unpaved runways:
Definition Field Listing
total: 262
2,438 to 3,047 m: 1
1,524 to 2,437 m: 15
914 to 1,523 m: 97
under 914 m: 149 (2007)
Heliports:
Definition Field Listing
2 (2007)
Pipelines:
Definition Field Listing
extra heavy crude oil 992 km; gas 5,400 km; oil 7,607 km; refined products 1,650 km; unknown (oil/water) 141 km (2007)
Railways:
Definition Field Listing Rank Order
total: 682 km
standard gauge: 682 km 1.435-m gauge (2006)
Roadways:
Definition Field Listing Rank Order
total: 96,155 km
paved: 32,308 km
unpaved: 63,847 km (1999)
Waterways:
Definition Field Listing Rank Order
7,100 km
note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005)
Merchant marine:
Definition Field Listing Rank Order
total: 62 ships (1000 GRT or over) 815,971 GRT/1,294,171 DWT
by type: bulk carrier 8, cargo 16, chemical tanker 3, container 1, liquefied gas 5, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 2
foreign-owned: 11 (Chile 1, Denmark 1, Greece 3, Mexico 4, Panama 1, Spain 1)
registered in other countries: 11 (Bahamas 1, Panama 10) (2008)
Ports and terminals:
Definition Field Listing
La Guaira, Maracaibo, Puerto Cabello, Punta Cardon
   Military    Venezuela Top of Page
Military branches:
Definition Field Listing
National Armed Forces (Fuerza Armada Nacionale, FAN): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada; includes Marines, Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional)
Military service age and obligation:
Definition Field Listing
18-30 years of age for compulsory and voluntary military service; conscript service obligation - 30 months; all citizens of military service age (18-50 years old) are obligated to register for military service (2007)
Manpower available for military service:
Definition Field Listing
males age 16-49: 6,647,124
females age 16-49: 6,801,133 (2008 est.)
Manpower fit for military service:
Definition Field Listing
males age 16-49: 5,280,974
females age 16-49: 5,768,814 (2008 est.)
Manpower reaching militarily significant age annually:
Definition Field Listing
males age 16-49: 275,323
females age 16-49: 274,106 (2008 est.)
Military expenditures:
Definition Field Listing Rank Order
1.2% (2005 est.)
   Transnational Issues    Venezuela Top of Page
Disputes - international:
Definition Field Listing
claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before the United Nations Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; dispute with Colombia over maritime boundary and Venezuelan-administered Los Monjes islands near the Gulf of Venezuela; Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region; in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela; US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan EEZ/continental shelf extending over a large portion of the eastern Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's full effect claim
Trafficking in persons:
Definition Field Listing
current situation: Venezuela is a source, transit, and destination country for men, women, and children trafficked for the purposes of commercial sexual exploitation and forced labor; Venezuelan women and girls are trafficked within the country for sexual exploitation, lured from the nation's interior to urban and tourist areas; child prostitution in urban areas and child sex tourism in resort destinations appear to be growing; Venezuelan women and girls are trafficked for commercial sexual exploitation to Western Europe, Mexico, and Caribbean destinations
tier rating: Tier 2 Watch List - Venezuela is placed on the Tier 2 Watch List, up from Tier 3, as it showed greater resolve to address trafficking through law enforcement measures and prevention efforts in 2007, although stringent punishment of offenders and victim assistance remain lacking (2008)
Illicit drugs:
Definition Field Listing
small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border

This page was last updated on 4 September 2008


 

Source : The World Factbook