Venezuela
Republic of VenezuelaRepublica de Venezuela
republicIndependence 5 July 1811 (from Spain)
Venezuela as the 1993 edition of the CIA World Factbook published it: 79 fields, one of 36 editions from 1990 to 2025.
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Geography
Northern South America, bordering the Caribbean Sea between Colombia and | Guyana
14 fieldsLand useshare of 912,050 km2
International 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
petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Environment
- subject to floods, rockslides, mudslides;
- periodic droughts;
- increasing industrial pollution in Caracas and Maracaibo
People
14 fieldsPer 1,000 population(1993 est.)
Life expectancy at birth
- total population:
- 72.69 years
- male:
- 69.76 years female: 75.77 years (1993 est.)
Languages
Spanish (official), Indian dialects spoken by about 200,000 Amerindians in the remote interior
Government
Republic
21 fieldsPresidential electionpercent of vote
Names
- conventional long form:
- Republic of Venezuela
- conventional short form:
- Venezuela
- local long form:
- Republica de Venezuela
- local short form:
- Venezuela
Administrative divisions
21 states (estados, singular - estado), 1 territory* ( territorio), 1, federal district**, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales***,, Distrito Federal**,, 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
Political parties and leaders
- Social Christian Party (COPEI), Hilarion CARDOZO, president, and Jose CURIEL, secretary general (acting);
- Democratic Action (AD), Humberto CELLI, president, and Luis ALFARO Ucero, secretary general;
- Movement Toward Socialism (MAS), Argelia LAYA, president, and Freddy MUNOZ, secretary general;
- The Radical Cause ( La Causa R), Pablo Medina, secretary general
Other political or pressure groups
- FEDECAMARAS, a conservative business group;
- Venezuelan Confederation of Workers (labor organization dominated by the Democratic Action);
- VECINOS groups
Elections
- President:
- last held 4 December 1988 (next to be held 5 December 1993);
- results - Carlos Andres PEREZ (AD) 54.6%, Eduardo FERNANDEZ (COPEI) 41.7%, other 3.7%;
- note - President Carlos Andres PEREZ suspended pending trial on corruption charges
- Senate:
- last held 4 December 1988 (next to be held 5 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 1992 (next to be held 5 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
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)
Leaders
Chief of State and Head of Government: Interim President Ramon Jose VELASQUEZ (since 5 June 1993); note - President Carlos Andres PEREZ suspended pending trial on corruption charges
Member of
AG, CARICOM (observer), CDB, CG, ECLAC, FAO, G-3, G-11, G-15, 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, MINURSO, NAM, OAS, ONUSAL, OPANAL, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNPROFOR, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US
- chief of mission:
- Ambassador Simon Alberto CONSALVI Bottaro
- chancery:
- 1099 30th Street NW, Washington, DC 20007
- telephone:
- (202) 342-2214
- consulates general:
- Baltimore, Boston, Chicago, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, and San Juan (Puerto Rico)
US diplomatic representation
- chief of mission:
- Ambassador Michael Martin SKOL
- embassy:
- Avenida Francisco de Miranda and Avenida Principal de la Floresta, Caracas
- mailing address:
- P. O. Box 62291, Caracas 1060-A, or APO AA 34037
- telephone:
- [58] (2) 285-2222
- FAX:
- [58] (2) 285-0336
- consulate:
- 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 backbone of the economy, accounting for 23% of GDP, 70% of | central government revenues, and 82% of export earnings in 1992.
19 fieldsOverview
Petroleum is the backbone of the economy, accounting for 23% of GDP, 70% of central government revenues, and 82% of export earnings in 1992. President PEREZ introduced an economic readjustment program when he assumed office in February 1989. Lower tariffs and the removal of price controls, a free market exchange rate, and market-linked interest rates threw the economy into confusion, causing an 8% decline in GDP in 1989. However, the economy recovered part way in 1990 and grew by 10.4% in 1991 and 7.3% in 1992, led by the non-petroleum sector.
Exports
$14.0 billion (f.o.b., 1992 est.)
- commodities:
- petroleum 82%, bauxite and aluminum, iron ore, agricultural products, basic manufactures
- partners:
- US 50.7%, Europe 13.7%, Japan 4.0% (1989)
Imports
$12.4 billion (f.o.b., 1992 est.)
- commodities:
- foodstuffs, chemicals, manufactures, machinery and transport equipment
- partners:
- US 44%, FRG 8.0%, Japan 4%, Italy 7%, Canada 2% (1989)
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 transit the country from Colombia;
- important money-laundering hub
Economic aid
US commitments, including Ex-Im (FY70-86), $488 million; Communist countries (1970-89), $10 million
Exchange rates
bolivares (Bs) per US$1 - 80.18 (January 1993), 68.38 (1992), 56.82 (1991), 46.90 (1990), 34.68 (1989), 14.50 (fixed rate 1987-88)
Communications
8 fieldsMerchant marine, 56 ships by typeone square, one ship
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
Airports
- total:
- 360
- usable:
- 331
- with permanent-surface runways:
- 133
- with runways over 3,659 m:
- 0
- with runways 2,440-3,659 m:
- 15
- with runways 1,220-2,439 m:
- 87
Telecommunications
- modern and expanding;
- 1,440,000 telephones;
- broadcast stations - 181 AM, no FM, 59 TV, 26 shortwave;
- 3 submarine coaxial cables;
- satellite ground stations - 1 Atlantic Ocean INTELSAT and 3 domestic
Defense Forces
3 fieldsBranches
National Armed Forces (Fuerzas Armadas Nacionales, FAN) includes - Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada), Air Forces (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperation or Guardia Nacional)
Manpower availability
- males age 15-49 5,192,107;
- fit for military service 3,769,441;
- reach military age (18) annually 221,043 (1993 est.)
Cite this entry
Central Intelligence Agency. “Venezuela.” The World Factbook 1993. Archived by The Factbook, thefactbook.org/venezuela/1993.