
Venezuela in the World
Venezuela - Introduction 2007
top of pageBackground: 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 has promoted a controversial policy of 'democratic 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.
Venezuela - Geography 2007
top of pageLocation: Northern South America bordering the Caribbean Sea and the North Atlantic Ocean between Colombia and Guyana
Geographic coordinates: 8 00 N 66 00 W
Map reference: South America
Area
Total: 912,050 km²
Land: 882,050 km²
Water: 30,000 km²
Comparative: slightly more than twice the size of California
Land boundaries
Total: 4,993 km
Border countries: (3) Brazil 2,200 km; , Colombia 2,050 km; , Guyana 743 km
Coastline: 2,800 km
Maritime claims
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: tropical; hot humid; more moderate in highlands
Terrain: Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
Elevation
Extremes lowest point: Caribbean Sea 0 m
Extremes highest point: Pico Bolivar (La Columna) 5,007 m
Natural resources: petroleum natural gas iron ore gold bauxite other minerals hydropower diamonds
Land use
Land use
Arable land: 2.85%
Permanent crops: 0.88%
Other: 96.27% (2005)
Irrigated land: 5,750 km² (2003)
Major rivers
Major watersheds area km²
Total water withdrawal
Total renewable water resources
Natural hazards: subject to floods rockslides mudslides; periodic droughts
Geography
Note: on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall
Venezuela - People 2007
top of pagePopulation: 26,023,528 (July 2007 est.)
Growth rate: 1.486% (2007 est.)
Below poverty line: 37.9% (end 2005 est.)
Nationality
Noun: Venezuelan
Adjective: Venezuelan
Ethnic groups: Spanish Italian Portuguese Arab German African indigenous people
Languages: Spanish (official) numerous indigenous dialects
Religions: nominally Roman Catholic 96% Protestant 2% other 2%
Demographic profile
Age structure
Age structure
0-14 years: 31.6% (male 4,169,979/female 4,046,170)
15-64 years: 63.4% (male 8,120,661/female 8,369,065)
65 years and over: 5.1% (male 586,863/female 730,790) (2007 est.)
Dependency ratios
Median age
Total: 24.9 years
Male: 24.3 years
Female: 25.5 years (2007 est.)
Population growth rate: 1.486% (2007 est.)
Birth rate: 21.22 births/1000 population (2007 est.)
Death rate: 5.08 deaths/1000 population (2007 est.)
Net migration rate: -1.28 migrant(s)/1000 population (2007 est.)
Population distribution
Urbanization
Major urban areas
Environment
Current issues: 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
International agreements 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
International agreements signed but not ratified: none of the selected agreements
Air pollutants
Sex ratio
At birth: 1.05 male/female
Under 15 years: 1.031 male/female
15-64 years: 0.97 male/female
65 years and over: 0.803 male/female
Total population: 0.98 male/female (2007 est.)
Mothers mean age at first birth
Maternal mortality ratio
Infant mortality rate
Total: 22.52 deaths/1000 live births
Male: 26.14 deaths/1000 live births
Female: 18.72 deaths/1000 live births (2007 est.)
Life expectancy at birth
Total population: 73.28 years
Male: 70.24 years
Female: 76.48 years (2007 est.)
Total fertility rate: 2.55 children born/woman (2007 est.)
Contraceptive prevalence rate
Drinking water source
Current health expenditure
Physicians density
Hospital bed density
Sanitation facility access
Hiv/Aids
Adult prevalence rate: 0.7%; note - no country specific models provided (2001 est.)
People living with hivaids: 110,000 (1999 est.)
Deaths: 4,100 (2003 est.)
Major infectious diseases
Obesity adult prevalence rate
Alcohol consumption
Tobacco use
Children under the age of 5 years underweight
Education expenditures
Literacy
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
Youth unemployment
Venezuela - Government 2007
top of pageCountry name
Conventional long form: Bolivarian Republic of Venezuela
Conventional short form: Venezuela
Local long form: Republica Bolivariana de Venezuela
Local short form: Venezuela
Government type: federal republic
Capital
Name: Caracas
Geographic coordinates: 10 30 N, 66 56 W
Time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Administrative divisions
Note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands
Dependent areas
Independence: 5 July 1811 (from Spain)
National holiday: Independence Day 5 July (1811)
Constitution: 30 December 1999
Legal system: open adversarial court system
International law organization participation
Citizenship
Suffrage: 18 years of age; universal
Executive branch
Chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jorge RODRIGUEZ Gomez (since 3 January 2007); note - the president is both the chief of state and head of government
Head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jorge RODRIGUEZ Gomez (since 3 January 2007)
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
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
Judicial branch: 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: A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Democratic Action or AD [Henry RAMOS Allup]; Fatherland for All or PPT [Jose ALBORNOZ]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; Venezuela Project or PV [Henrique SALAS Romer]; We Can or PODEMOS [Ismael GARCIA]
International organization participation: CAN Caricom (observer) CDB CSN FAO G-3 G-15 G-24 G-77 IADB IAEA IBRD ICAO ICC ICCt ICRM IFAD IFC IFRCS IHO ILO IMF IMO Interpol IOC IOM IPU ISO ITSO ITU ITUC LAES LAIA Mercosur MIGA NAM OAS OPANAL OPCW OPEC PCA RG UN UNCTAD UNESCO UNHCR UNIDO Union Latina UNWTO UPU WCL WCO WFTU WHO WIPO WMO WTO
Diplomatic representation
In the us chief of mission: Ambassador Bernardo ALVAREZ Herrera
In the us chancery: 1099 30th Street NW, Washington, DC 20,007
In the us telephone: [1] (202) 342-2,214
In the us fax: [1] (202) 342-6,820
In the us consulates general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, San Juan (Puerto Rico)
From the us chief of mission: Ambassador William R. BROWNFIELD
From the us embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080
From the us mailing address: P. O. Box 62,291, Caracas 1060-A; APO AA 34,037
From the us telephone: [58] (212) 975-9,234, 975-6,411
From the us fax: [58] (212) 975-8,991
Flag description: 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
National symbols
National anthem
National heritage
Venezuela - Economy 2007
top of pageEconomy overview: 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. Tax collection - Venezuela's primary source of non-oil revenue - is expected to surpass $23 billion in 2006 exceeding the yearend collection goal by more than 20%. 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 higher oil prices record government spending helped to boost GDP growth in 2004 and 2005 to approximately 18% and 11% respectively. Economic growth in 2006 reached about 9%. This spending combined with recent minimum wage hikes and improved access to domestic credit has fueled a consumption boom - car sales in 2006 increased by around 70% - but has come at the cost of higher inflation. Despite government attempts to withdraw liquidity from the economy Venezuela's money supply set a record in June 2006 approximately 70% higher than the previous year. Imports have also jumped significantly.
Real gdp purchasing power parity: $186.3 billion (2006 est.)
Real gdp growth rate: 10.3% (2006 est.)
Real gdp per capita: $7,200 (2006 est.)
Gross national saving
Gdp composition by sector of origin
Gdp composition by end use
Gdp composition by sector of origin
Agriculture: 3.7%
Industry: 40.5%
Services: 55.9% (2006 est.)
Agriculture products: corn sorghum sugarcane rice bananas vegetables coffee; beef pork milk eggs; fish
Industries: petroleum construction materials food processing textiles; iron ore mining steel aluminum; motor vehicle assembly
Industrial production growth rate: 7% (2006 est.)
Labor force: 12.19 million (2006 est.)
By occupation agriculture: 13%
By occupation industry: 23%
By occupation services: 64% (1997 est.)
Labor force
Unemployment rate: 8.9% (2006 est.)
Youth unemployment
Population below poverty line: 37.9% (end 2005 est.)
Gini index
Household income or consumption by percentage share
Lowest 10: 0.7%
Highest 10: 35.2% (2003)
Distribution of family income gini index: 48.2 (2003)
Budget
Revenues: $54.65 billion
Expenditures: $54.61 billion (2006 est.)
Taxes and other revenues
Public debt: 24.3% of GDP (2006 est.)
Revenue
Fiscal year: calendar year
Inflation rate consumer prices: 13.7% (2006 est.)
Central bank discount rate
Commercial bank prime lending rate
Stock of narrow money
Stock of broad money
Stock of domestic credit
Market value of publicly traded shares: $8.251 billion (2006)
Current account balance: $27.17 billion (2006 est.)
Exports: $65.21 billion f.o.b. (2006 est.)
Commodities: petroleum bauxite and aluminum steel chemicals agricultural products basic manufactures
Partners: US 46.3% Netherlands Antilles 13.5% China 3.2% (2006)
Imports: $32.23 billion f.o.b. (2006 est.)
Commodities: raw materials machinery and equipment transport equipment construction materials
Partners: US 30.6% Colombia 10.2% Brazil 10.1% Mexico 5.9% China 4.9% Panama 4.8% (2006)
Reserves of foreign exchange and gold: $36.67 billion (2006 est.)
Debt external: $41.4 billion (2006 est.)
Stock of direct foreign investment at home: $45.4 billion (2006 est.)
Stock of direct foreign investment abroad: $11.56 billion (2006 est.)
Exchange rates: bolivares per US dollar - 2,147 (2006) 2,090 (2005) 1891.3 (2004) 1607 (2003) 1161 (2002)
Venezuela - Energy 2007
top of pageElectricity
Production: 99.2 billion kWh (2005)
Consumption: 73.36 billion kWh (2005)
Exports: 0 kWh (2005)
Imports: 0 kWh (2005)
Coal
Petroleum
Crude oil
Refined petroleum
Natural gas
Production: 27.53 billion m³ (2005 est.)
Consumption: 27.53 billion m³ (2005 est.)
Exports: 0 m³ (2005 est.)
Imports: 0 m³ (2005)
Proven reserves: 4.112 trillion m³ (1 January 2006 est.)
Carbon dioxide emissions
Energy consumption per capita
Venezuela - Communication 2007
top of pageTelephones
Main lines in use: 4.217 million (2006)
Mobile cellular: 18.79 million (2006)
Telephone system
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
International: country code - 58; 3 submarine coaxial cables; 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
Broadcast media
Internet
Country code: .ve
Hosts: 126,500 (2007)
Users: 4.14 million (2006)
Broadband fixed subscriptions
Venezuela - Military 2007
top of pageMilitary expenditures
Percent of gdp: 1.2% (2005 est.)
Military and security forces
Military service age and obligation: 18 years of age for compulsory and voluntary military service; conscript service obligation - 30 months; all citizens of military service age (between 18 and 50 years old) are obligated to register for military service (2007)
Space program
Terrorist groups
Venezuela - Transportation 2007
top of pageNational air transport system
Civil aircraft registration country code prefix
Airports: 390 (2007)
With paved runways total: 128
With paved runways over 3047 m: 5
With paved runways 2438 to 3047 m: 10
With paved runways 15-24 to 2437 m: 34
With paved runways 914 to 1523 m: 61
With paved runways under 914 m: 18 (2007)
With unpaved runways total: 262
With unpaved runways 2438 to 3047 m: 1
With unpaved runways 15-24 to 2437 m: 15
With unpaved runways 914 to 1523 m: 97
With unpaved runways under 914 m: 149 (2007)
Heliports: 2 (2007)
Pipelines: extra heavy crude oil 992 km; gas 5,369 km; oil 7,607 km; refined products 1681 km; unknown (oil/water) 141 km (2006)
Railways
Total: 682 km
Standard gauge: 682 km 1.435-m gauge (2006)
Roadways
Total: 96,155 km
Paved: 32,308 km
Unpaved: 63,847 km (1999)
Waterways
Note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005)
Merchant marine
Total: 59 ships (1000 GRT or over) 808,721 GRT/1,285,783 DWT
By type: bulk carrier 7, cargo 14, chemical tanker 3, container 1, liquefied gas 6, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 1
Foreign owned: 12 (Denmark 3, Greece 3, Mexico 3, Panama 1, Russia 1, Spain 1)
Registered in other countries: 11 (Bahamas 1, Panama 10) (2007)
Ports and terminals: Amuay La Guaira Maracaibo Puerto Cabello Punta Cardon
Venezuela - Transnational issues 2007
top of pageDisputes international: 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
Refugees and internally displaced persons
Illicit drugs: 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
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