Venezuela
Bolivarian Republic of Venezuela conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela
federal republicIndependence 5 July 1811 (from Spain)
Venezuela as the 2001 edition of the CIA World Factbook published it: 119 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
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: 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.
Geography
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
18 fieldsLocation
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
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
Land use
arable land: 4% permanent crops: 1% permanent pastures: 20% forests and woodland: 34% other: 41% (1993 est.)
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;
- threat to the rainforest ecosystem from irresponsible mining operations
Environment - 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 signed, but not ratified: Marine Dumping
People
18 fieldsPer 1,000 population(2001 est.)
Age structure
0-14 years: 32.11% (male 3,962,517; female 3,716,880) 15-64 years: 63.17% (male 7,581,589; female 7,526,467) 65 years and over: 4.72% (male 515,687; female 613,670) (2001 est.)
Sex ratio
at birth: 1.08 male(s)/female under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.84 male(s)/female total population: 1.02 male(s)/female (2001 est.)
Life expectancy at birth
total population: 73.31 years male: 70.29 years female: 76.56 years (2001 est.)
Literacy
definition: age 15 and over can read and write total population: 91.1% male: 91.8% female: 90.3% (1995 est.)
Government
Federal republic; President Hugo CHAVEZ Frias (since 3 February 1999)
21 fieldsCountry name
conventional long form: Bolivarian Republic of Venezuela conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela
Administrative divisions
- 23 states (estados, singular - estado),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, Vargas, Yaracuy, Zulia note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands
Legal system
- based on organic laws as of July 1999;
- open, adversarial court system;
- has not accepted compulsory ICJ jurisdiction
Executive branch
- chief of state:
- President Hugo CHAVEZ Frias (since 3 February 1999);
- Vice President Adina BASTIDAS Castillo;
- 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 Adina BASTIDAS Castillo;
- 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 elected president;
- percent of vote - 60% note: government coalition - Patriotic Pole or Polo Patriotico consists of MVR, MAS, and PPT
Legislative branch
- unicameral National Assembly or Asamblea Nacional;
- 165 seats;
- members elected by popular vote to serve five-year terms;
- three seats reserved for the indigenous peoples of Venezuela elections: last held 30 July 2000 (next to be held NA 2005) election results: Pro-government: percent of vote by party - NA%;
- seats by party - MVR 92, MAS 6, indigenous 3, other parties 7;
Opposition
percent of vote by party - NA%; seats by party - AD 33, COPEI 6, Justice First 5, other parties 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
- Brave Peoples Alliance or ABP [leader NA];
- Democratic Action or AD [Henry RAMOS Allup];
- Fifth Republic Movement or MVR [leader Luis MIQUILENA];
- Homeland for All or PPT [Pablo MEDINA];
- Justice First [leader NA];
- Movement Toward Socialism or MAS [Felipe MUJICA];
- National Convergence or Convergencia [Dr. Rafael CALDERA Rodriguez];
- Radical Cause or La Causa R [Andres VELASQUEZ];
- Social Christian Party or COPEI [Jose CURIEL];
- Venezuela Project or PV [Henrique SALAS Ronier]
Political pressure groups and leaders
- FEDECAMARAS, a conservative business group;
- VECINOS groups;
- Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action)
International organization participation
CAN, Caricom (observer), CCC, CDB, ECLAC, FAO, G- 3, G-11, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Intelsat, 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 representation in the US
chief of mission: Ambassador Alfredo TORO Hardy chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214
FAX
[1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
Diplomatic representation from the US
- chief of mission:
- Ambassador Donna J. HRINAK embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A;
- APO AA 34037 telephone: [58] (2) 975-6411
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
Economy
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.
32 fieldsElectricity
Economy - 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 3.2% in 2000. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999.
Nevertheless, a weak nonoil sector and capital flight undercut the recovery. The bolivar is widely believed to be overvalued by as much as 50%. The government is still rebuilding after massive flooding and landslides in December 1999 caused an estimated $15 billion to $20 billion in damage.
Budget
revenues: $26.4 billion expenditures: $27 billion, including capital expenditures of $NA (2000 est.)
Industries
petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly
Agriculture - products
- corn, sorghum, sugarcane, rice, bananas, vegetables, coffee;
- beef, pork, milk, eggs;
- fish
Exports - commodities
petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
Exports - partners
US and Puerto Rico 57%, Colombia, Brazil, Japan, Germany, Netherlands, Italy (1999)
Imports - commodities
raw materials, machinery and equipment, transport equipment, construction materials
Exchange rates
bolivares per US dollar - 699.700 (January 2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997), 417.333 (1996)
Communications
10 fieldsTelephone system
- general 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
Transportation
10 fieldsPorts and harbors
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: 36 ships (1,000 GRT or over) totaling 490,160 GRT/897,694 DWT ships by type: bulk 7, cargo 10, liquefied gas 2, passenger/cargo 1, petroleum tanker 7, roll on/roll off 8, short-sea passenger 1 (2000 est.)
Airports - with paved runways
total: 124 over 3,047 m: 4 2,438 to 3,047 m: 12 1,524 to 2,437 m: 32 914 to 1,523 m: 59 under 914 m: 17 (2000 est.)
Airports - with unpaved runways
total: 247 1,524 to 2,437 m: 10 914 to 1,523 m: 97 under 914 m: 140 (2000 est.)
Military
7 fieldsMilitary branches
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 Cooperacion or Guardia Nacional)
Transnational Issues
2 fieldsDisputes - international
claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela
Illicit drugs
- illicit producer of opium for the international drug trade on a small scale;
- however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe;
- important money-laundering center;
- active eradication program primarily targeting opium;
- increasing signs of drug-related activities by Colombian insurgents on border
Cite this entry
Central Intelligence Agency. “Venezuela.” The World Factbook 2001. Archived by The Factbook, thefactbook.org/venezuela/2001.