Venezuela
republicIndependence 5 July 1811 (from Spain)
Venezuela as the 1991 edition of the CIA World Factbook published it: 71 fields, one of 36 editions from 1990 to 2025.
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Geography
11 fieldsCoastline
- 2,800 km Contiguous zone: 15 nm;
- Continental shelf: 200 m (depth) or to depth of exploitation;
- Exclusive economic zone: 200 nm;
- Territorial sea: 12 nm
Disputes
claims all of Guyana west of the Essequibo river; maritime boundary dispute with Colombia in the Gulf of Venezuela
Terrain
- Andes mountains and Maracaibo lowlands in northwest;
- central plains (llanos);
- Guyana highlands in southeast
Natural resources
crude oil, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Land use
- arable land 3%;
- permanent crops 1%;
- meadows and pastures 20%;
- forest and woodland 39%;
- other 37%;
- includes irrigated NEGL%
Environment
- subject to floods, rockslides, mudslides;
- periodic droughts;
- increasing industrial pollution in Caracas and Maracaibo
People
14 fieldsPer 1,000 population(1991)
Language
Spanish (official); Indian dialects spoken by about 200,000 Amerindians in the remote interior
Government
Republic
17 fieldsPresidential electionpercent of vote
Senate, 49 seats, elected 4 December 1988one dot, one seat
Administrative divisions
- 20 states (estados, singular--estado), 2 territories* (territorios, singular--territorio), 1 federal district** (distrito federal), and 1 federal dependence*** (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, Yaracuy, Zulia;
- note--the federal dependence consists of 11 federally controlled island groups with a total of 72 individual islands
Legal system
- based on Napoleonic code;
- judicial review of legislative acts in Cassation Court only;
- has not accepted compulsory ICJ jurisdiction
Legislative branch
bicameral Congress of the Republic (Congreso de la Republica) consists of an upper chamber or Senate (Senado) and a lower chamber or Chamber of Deputies (Camara de Diputados)
Judicial branch
- Supreme Court of Justice (Corte Suprema de Justica) Chief of State and Head of Government--President Carlos Andres PEREZ (since 2 February 1989) Social Christian Party (COPEI), Eduardo FERNANDEZ, secretary general;
- Democratic Action (AD), Gonzalo BARRIOS, president, and Humberto CELLI, secretary general;
- Movement Toward Socialism (MAS), Argelia LAYA, president, and Freddy MUNOZ, secretary general
Suffrage
- universal and compulsory at age 18, though poorly enforced President--last held 4 December 1988 (next to be held December 1993);
- results--Carlos Andres PEREZ (AD) 54.6%, Eduardo FERNANDEZ (COPEI) 41.7%, other 3.7%;
- Senate--last held 4 December 1988 (next to be held December 1993);
- results--percent of vote by party NA;
- seats--(49 total) AD 23, COPEI 22, other 4;
- note--3 former presidents (1 from AD, 2 from COPEI) hold lifetime senate seats;
- Chamber of Deputies--last held 4 December 1988 (next to be held December 1993);
- results--AD 43.7%, COPEI 31.4%, MAS 10.3%, other 14.6%;
- seats--(201 total) AD 97, COPEI 67, MAS 18, other 19
Other political or pressure groups
FEDECAMARAS, a conservative business group; Venezuelan Confederation of Workers, the Democratic Action-dominated labor organization
Member of
AG, CDB, CG, ECLAC, FAO, G-3, G-11, G-19, G-24, G-77, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LAES, LAIA, LORCS, NAM, OAS, OPANAL, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation
- Ambassador Simon Alberto CONSALVI Bottaro;
- Chancery at 2445 Massachusetts Avenue NW, Washington DC 20008;
- telephone (202) 797-3800;
- there are Venezuelan Consulates General in Baltimore, Boston, Chicago, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, and San Juan (Puerto Rico);
- US--Ambassador Michael Martin SKOL;
- Embassy at Avenida Francisco de Miranda and Avenida Principal de la Floresta, Caracas (mailing address is P. O. Box 62291, Caracas 1060-A, or APO Miami 34037);
- telephone [58] (2) 285-3111 or 2222;
- there is a US Consulate in Maracaibo
Flag
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
Economy
Petroleum is the cornerstone of the economy and accounted for 21% of GDP, 60% of central government revenues, and 81% of export earnings in 1989.
17 fieldsOverview
Petroleum is the cornerstone of the economy and accounted for 21% of GDP, 60% of central government revenues, and 81% of export earnings in 1989. President Perez introduced an economic readjustment program when he assumed office in February 1989. Lower tariffs and price supports, a free market exchange rate, and market-linked interest rates have thrown the economy into confusion, causing about an 8% decline in GDP in 1989, but the economy recovered part way in 1990.
Exports
- $12.1 billion (f.o.b., 1989 est.);
- commodities--petroleum 81%, bauxite and aluminum, iron ore, agricultural products, basic manufactures;
- partners--US 50.7%, Europe 13.7%, Japan 4.0% (1989)
Imports
- $8.7 billion (f.o.b., 1989);
- commodities--foodstuffs, chemicals, manufactures, machinery and transport equipment;
- partners--US 44%, FRG 8.0%, Japan 4%, Italy 7%, Canada 2% (1989)
Industrial production
growth rate - 11% (1989 est.); accounts for one-fourth of GDP, including petroleum
Industries
petroleum, iron-ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly
Agriculture
- accounts for 6% of GDP and 16% of labor force;
- products--corn, sorghum, sugarcane, rice, bananas, vegetables, coffee, beef, pork, milk, eggs, fish;
- not self-sufficient in food other than meat
Illicit drugs
illicit producer of cannabis and coca leaf for the international drug trade on a small scale; however, large quantities of cocaine do transit the country
Economic aid
US commitments, including Ex-Im (FY70-86), $488 million; Communist countries (1970-89), $10 million
Exchange rates
bolivares (Bs) per US$1--51.331 (January 1991), 46.900 (1990), 34.6815 (1989), 14.5000 (fixed rate 1987-88), 8.0833 (1986), 7.5000 (1985)
Communications
9 fieldsMerchant marine, 58 ships by typeone square, one ship
Airports, 296 total, 277 usable
Networkskm
Railroads
- 542 km total;
- 363 km 1.435-meter standard gauge all single track, government owned;
- 179 km 1.435-meter gauge, privately owned
Highways
77,785 km total; 22,780 km paved, 24,720 km gravel, 14,450 km earth roads, and 15,835 km unimproved earth
Telecommunications
- modern and expanding;
- 1,440,000 telephones;
- stations--181 AM, no FM, 59 TV, 26 shortwave;
- 3 submarine coaxial cables;
- satellite communications ground stations--1 Atlantic Ocean INTELSAT and 3 domestic
Defense Forces
Ground Forces (Army), Naval Forces (including Navy, Marines, Coast Guard), Air Forces, Armed Forces of Cooperation (National Guard)
3 fieldsBranches
Ground Forces (Army), Naval Forces (including Navy, Marines, Coast Guard), Air Forces, Armed Forces of Cooperation (National Guard)
Manpower availability
- males 15-49, 5,220,183;
- 3,782,548 fit for military service;
- 216,132 reach military age (18) annually
Cite this entry
Central Intelligence Agency. “Venezuela.” The World Factbook 1991. Archived by The Factbook, thefactbook.org/venezuela/1991.