top of pageBackground: Venezuela was one of 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: a polarized political environment 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: 30.5% (male 3,930,413; female 3,687,744)
15-64 years: 64.5% (male 8,107,382; female 8,034,905)
65 years and over: 5% (male 571,289; female 685,654) (2004 est.)
Birth rate: 19.34 births/1000 population (2004 est.)
Death rate: 4.9 deaths/1000 population (2004 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, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
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
Elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006)
Election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60%
Note: a special presidential recall vote on 15 August 2004 resulted in a victory for CHAVEZ; percent of vote - 58% in favor of CHAVEZ fulfilling the remaining two years of his term, 42% in favor of terminating his presidency immediately
Legislative branchElections: last held 30 July 2000 (next to be held July 2005)
Election 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)
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 [Henry RAMOS Allup]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Homeland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Eduardo FERNANDEZ]; Venezuela Project or PV [Henrique SALAS Romer]
International organization participation: CAN CDB FAO G-3 G-15 G-24 G-77 IADB IAEA IBRD ICAO ICC ICCt ICFTU ICRM IFAD IFC IFRCS IHO ILO IMF IMO Interpol IOC IOM ISO ITU LAES LAIA Mercosur (associate) MIGA NAM OAS OPANAL OPCW OPEC PCA RG UN UNCTAD UNESCO UNHCR UNIDO UPU WCL WCO WFTU WHO WIPO WMO WToO WTO
Diplomatic representationIn the us chief of mission: Ambassador Bernardo ALVAREZ
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, and 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 seven white five-pointed stars centered in the blue band
top of pageEconomy overview: Venezuela continues to be highly dependent on the petroleum sector which accounts for roughly one-third of GDP around 80% of export earnings and more than half of government operating revenues. Despite higher oil prices at the end of 2002 and into 2003 domestic political instability culminating in a disastrous two-month national oil strike from December 2002 to February 2003 temporarily halted economic activity. The economy remained in depression in 2003 declining by 9.2% after an 8.9% fall in 2002. In late 2003 President CHAVEZ committed himself to $1 billion in new social programs money the government does not have.
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: $25.86 billion f.o.b. (2003 est.)
Commodities: petroleum bauxite and aluminum steel chemicals agricultural products basic manufactures
Partners: US 52.9% Netherlands Antilles 5% Dominican Republic 3% (2003)
Imports: $10.71 billion f.o.b. (2003 est.)
Commodities: raw materials machinery and equipment transport equipment construction materials
Partners: US 28.8% Colombia 7% Brazil 6.6% Mexico 4.3% (2003)
Exchange rates: bolivares per US dollar - 1607.79 (2003) 1160.95 (2002) 723.666 (2001) 679.96 (2000) 605.717 (1999)
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: 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
top of pagetop of pagePipelines: extra heavy crude 992 km; gas 5,262 km; oil 7,360 km; refined products 1681 km; unknown (oil/water) 141 km (2004)
WaterwaysNote: Orinoco River and Lake de Maracaibo navigable by oceangoing vessels, Orinoco for 400 km (2004)
Merchant marineTotal: 48 ships (1,000 GRT or over) 740,919 GRT/1,191,483 DWT
By type: bulk 6, cargo 7, container 2, liquefied gas 5, multi-functional large load carrier 1, passenger 1, passenger/cargo 1, petroleum tanker 16, roll on/roll off 8, short-sea/passenger 1
Foreign owned: Belgium 1, Denmark 2, Greece 2, Spain 1, United States 2
Registered in other countries: 4 (2004 est.)
top of pageDisputes international: claims all of the area west of the Essequibo River preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before UNCLOS that the Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; maritime boundary dispute with Colombia in the Gulf of Venezuela and the Caribbean Sea; US France and the Netherlands recognize Venezuela's claim to give full effect to Aves Island which creates a Venezuelan EEZ/continental shelf extending over a large portion of the Caribbean Sea; Dominica Saint Kitts and Nevis Saint Lucia and Saint Vincent and the Grenadines protest Venezuela's claim that Aves Island sustains human habitation and other states' recognition of it
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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