top of pageBackground: Venezuela was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). 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. Current concerns include: an embattled president who is losing his once solid support among Venezuelans a divided military drug-related conflicts 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.
Climate: tropical; hot humid; more moderate in highlands
Terrain: Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
Natural resources: petroleum natural gas iron ore gold bauxite other minerals hydropower diamonds
GeographyNote: on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall
top of pageEthnic groups: Spanish Italian Portuguese Arab German African indigenous people
Languages: Spanish (official) numerous indigenous dialects
Religions: nominally Roman Catholic 96% Protestant 2% other 2%
Age structure0-14 years: 31.6% (male 3,955,132; female 3,710,159)
15-64 years: 63.6% (male 7,756,362; female 7,695,738)
65 years and over: 4.8% (male 533,559; female 636,720) (2002 est.)
Birth rate: 20.22 births/1000 population (2002 est.)
Death rate: 4.91 deaths/1000 population (2002 est.)
EnvironmentCurrent 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, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
International agreements signed but not ratified: Marine Dumping
top of pageLegal system: based on organic laws as of July 1999; open adversarial court system; has not accepted compulsory ICJ jurisdiction
Executive branchChief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); 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 Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government
Cabinet: Council of Ministers appointed by the president
Election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60%
Elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006)
Legislative branchElection results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13)
Elections: last held 30 July 2000 (next to be held NA 2005)
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: Democratic Action or AD [Claudio FERMIN]; Fifth Republic Movement or MVR [Garcia PONCE]; Homeland for All or PPT [Jose ALBORNIZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Antonio HERRERA]; Social Christian Party or COPEI [Oswaldo ALVAREZ Paz]; Venezuela Project or PV [Henrique SALAS Romer]
International organization participation: CAN Caricom (observer) CCC CDB ECLAC FAO G-3 G-15 G-19 G-24 G-77 IADB IAEA IBRD ICAO ICC ICFTU ICRM IFAD IFC IFRCS IHO ILO IMF IMO Interpol IOC IOM ISO ITU LAES LAIA NAM OAS OPANAL OPCW OPEC PCA RG UN UNCTAD UNESCO UNHCR UNIDO UNIKOM UNU UPU WCL WFTU WHO WIPO WMO WToO WTrO
Diplomatic representationIn the us chief of mission: Ambassador (vacant); Charge d' Affaires Luis HERERRA Marcano
In the us chancery: 1099 30th Street NW, Washington, DC 20,007
In the us consulates general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
In the us fax: [1] (202) 342-6,820
In the us telephone: [1] (202) 342-2,214
From the us chief of mission: Ambassador Charles S. SHAPIRO
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 seven white five-pointed stars centered in the blue band
top of pageEconomy overview: The petroleum sector dominates the economy accounting for roughly a third of GDP around 80% of export earnings and more than half of government operating revenues. Venezuelan officials estimate that GDP grew by 2.7% in 2001. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999. Nevertheless a weak nonoil sector and capital flight - and a temporary fall in oil prices - undercut the recovery. In early 2002 President CHAVEZ changed the exchange rate regime from a crawling peg to a free floating exchange rate causing the bolivar to depreciate significantly.
Agriculture products: corn sorghum sugarcane rice bananas vegetables coffee; beef pork milk eggs; fish
Industries: petroleum iron ore mining construction materials food processing textiles steel aluminum motor vehicle assembly
Exports: $29.5 billion f.o.b. (2001)
Commodities: petroleum bauxite and aluminum steel chemicals agricultural products basic manufactures
Partners: US 60% Brazil 5.5% Colombia 3.5% Italy 3.5% Spain 3.4% (2000)
Imports: $18.4 billion f.o.b. (2001)
Commodities: raw materials machinery and equipment transport equipment construction materials
Partners: US 35.8% Colombia 6.8% Brazil 4.5% Germany 3.9% Italy 3.9% (2000)
Exchange rates: bolivares per US dollar - 761.225 (January 2002) 723.666 (2001) 679.960 (2000) 605.717 (1999) 547.556 (1998) 488.635 (1997)
top of pagetop of pageTelephone systemGeneral 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: 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
top of pagetop of pagePipelines: crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km
RailwaysTotal: 682 km
Standard gauge: 682 km 1.435-m gauge
Note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001)
WaterwaysNote: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels
Merchant marineTotal: 45 ships (1,000 GRT or over) totaling 716,361 GRT/1,267,095 DWT
Note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 1, Greece 1, Italy 1, United Kingdom 1, United States 2 (2002 est.)
Ships by type: bulk 7, cargo 9, liquefied gas 3, passenger/cargo 1, petroleum tanker 14, roll on/roll off 10, short-sea passenger 1
top of pageDisputes international: claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela; several Caribbean states protest Venezuela's claim to Islas des Aves (Bird Islands) 565 km from Venezuelan mainland
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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