Venezuela
Republic of VenezuelaRepublica de Venezuela
republicIndependence 5 July 1811 (from Spain)
Venezuela as the 1995 edition of the CIA World Factbook published it: 83 fields, one of 36 editions from 1990 to 2025.
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Geography
Northern South America, bordering the Caribbean Sea and the | North Atlantic Ocean, between Colombia and Guyana
14 fieldsLand useshare of 912,050 sq km
Location
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
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);
- Guiana Highlands in southeast
Natural resources
petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
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
- natural hazards:
- subject to floods, rockslides, mudslides; periodic droughts
- international agreements:
- party to - Biodiversity, Climate Change, Endangered Species, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling;
- signed, but not ratified - Hazardous Wastes, Marine Dumping
People
15 fieldsPer 1,000 population(1995 est.)
Male · female(1995 est.)
Age structure
- 0-14 years:
- 35% (female 3,650,705; male 3,795,032)
- 15-64 years:
- 60% (female 6,350,466; male 6,313,887)
- 65 years and over:
- 5% (female 486,020; male 408,663) (July 1995 est.)
Languages
Spanish (official), native dialects spoken by about 200,000 Amerindians in the remote interior
Government
Republic
22 fieldsPresidential electionpercent of vote
Legislature, 53 seatsone dot, one seat
Legislature, 203 seatsone dot, one seat
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** (distrito federal), and 1 federal dependency*** (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 dependency 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
Executive branch
- chief of state and head of government:
- President Rafael CALDERA Rodriguez (since 2 February 1994);
- election last held 5 December 1993 (next to be held NA December 1998);
- results - Rafael CALDERA (National Convergence) 30.45%, Claudio FERMIN (AD) 23.59%, Oswaldo ALVAREZ PAZ (COPEI) 22.72%, Andres VELASQUEZ (Causa R) 21.94%, other 1.3%
- cabinet:
- Council of Ministers; appointed by the president
Senate (Senado)
- elections last held 5 December 1993 (next to be held NA December 1998);
- results - percent of vote by party NA;
- seats - (53 total) AD 18, COPEI 15, Causa R 9, MAS 5, National Convergence 6;
- note - 3 former presidents (2 from AD, 1 from COPEI) hold lifetime senate seats
Chamber of Deputies (Camara de Diputados)
- elections last held 5 December 1993 (next to be held NA December 1998);
- results - AD 27.9%, COPEI 26.9%, MAS 12.4%, National Convergence 12.9%, Causa R 19.9%;
- seats - (203 total) AD 55, COPEI 53, MAS 24, National Convergence 26, Causa R 40, other 5
Political parties and leaders
- National Convergence (Convergencia), Jose Miguel UZCATEGUI, president, Juan Jose CALDERA, national coordinator;
- Social Christian Party (COPEI), Luis HERRERA Campins, president, and Donald RAMIREZ, secretary general;
- Democratic Action (AD), Pedro PARIS Montesinos, president, and Luis ALFARO Ucero, secretary general;
- Movement Toward Socialism (MAS), Gustavo MARQUEZ, president, and Enrique OCHOA Antich, secretary general;
- Radical Cause (La Causa R), Pablo MEDINA, secretary general
Other political or pressure groups
- FEDECAMARAS, a conservative business group;
- Venezuelan Confederation of Workers (CTV, labor organization dominated by the Democratic Action);
- VECINOS groups
Member of
AG, BCIE, CARICOM (observer), CDB, CG, ECLAC, FAO, G-11, G-15, G-19, G-24, G-77, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LAES, LAIA, MINURSO, NAM, OAS, ONUSAL, OPANAL, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNMIH, UNPROFOR, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US
- chief of mission:
- Ambassador Pedro Luis ECHEVERRIA
- chancery:
- 1099 30th Street NW, Washington, DC 20007
- telephone:
- [1] (202) 342-2214
- consulate(s) general:
- Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
US diplomatic representation
- chief of mission:
- Ambassador Jeffrey DAVIDOW
- embassy:
- Avenida Francisco de Miranda and Avenida Principal de la Floresta, Caracas
- mailing address:
- P. O. Box 62291, Caracas 1060-A; APO AA 34037
- telephone:
- [58] (2) 285-2222, 3111
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
Despite efforts to broaden the base of the economy, | petroleum continues to play a dominant role.
19 fieldsInstalled generating capacity, 18,740,000 kW
Overview
Despite efforts to broaden the base of the economy, petroleum continues to play a dominant role. In 1994, as GDP declined 3.3%, the oil sector - which accounts for 24% of the total - enjoyed a 6% expansion, provided 45% of the budget revenues, and generated 70% of the export earnings.
President CALDERA, who assumed office in February 1994, has used an interventionist, reactive approach to managing the economy, instituting price and foreign exchange controls in mid-year to slow inflation and stop the loss of foreign exchange reserves. The government claims it will remove these controls once inflationary pressures abate, but the $8 billion bailout of the banking sector in 1994 has made it difficult for the government to make good on its promise.
Economic controls, coupled with political uncertainty driven by recurrent coup rumors, continue to deter foreign and domestic investment; private forecasters see the recession persisting for a third year in 1995.
Exports
$15.2 billion (f.o.b., 1994 est.)
- commodities:
- petroleum 72%, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
- partners:
- US and Puerto Rico 55%, Japan, Netherlands, Italy
Imports
$7.6 billion (f.o.b., 1994 est.)
- commodities:
- raw materials, machinery and equipment, transport equipment, construction materials
- partners:
- US 40%, Germany, Japan, Netherlands, Canada
Industries
petroleum, iron-ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly
Agriculture
- accounts for 6% of GDP;
- 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, opium, and coca leaf for the international drug trade on a small scale;
- however, large quantities of cocaine and heroin transit the country from Colombia;
- important money-laundering hub
Economic aid
recipient: US commitments, including Ex-Im (FY70-86), $488 million; Communist countries (1970-89), $10 million
Exchange rates
bolivares (Bs) per US$1 - 169.570 (January 1995), 148.503 (1994), 90.826 (1993), 68.38 (1992), 56.82 (1991), 46.90 (1990)
Transportation
7 fieldsAirports by runway lengthpaved left, unpaved right · 431 in all
Networkskm
Railroads
- total:
- 542 km (363 km single track; 179 km privately owned)
- standard gauge:
- 542 km 1.435-m gauge
Highways
- total:
- 81,000 km
- paved:
- 31,200 km
- unpaved:
- gravel 24,800 km; earth and unimproved earth 25,000 km
Ports
Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon
Merchant marine
- total:
- 39 ships (1,000 GRT or over) totaling 686,811 GRT/1,110,829 DWT
- ships by type:
- bulk 4, cargo 11, combination bulk 1, liquefied gas tanker 2, oil tanker 15, passenger-cargo 1, roll-on/roll-off cargo 4, short-sea passenger 1
Communications
3 fieldsTelephone system
1,440,000 telephones; modern and expanding
- local:
- NA
- intercity:
- 3 domestic satellite earth stations
- international:
- 3 submarine coaxial cables; 1 INTELSAT (Atlantic Ocean) earth station
Defense Forces
3 fieldsBranches
National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperation or Guardia Nacional)
Manpower availability
- males age 15-49 5,491,524;
- males fit for military service 3,981,190;
- males reach military age (18) annually 227,292 (1995 est.)
Cite this entry
Central Intelligence Agency. “Venezuela.” The World Factbook 1995. Archived by The Factbook, thefactbook.org/venezuela/1995.