Venezuela

Bolivarian Republic of VenezuelaRepublica Bolivariana de Venezuela

federal republicIndependence 5 July 1811 (from Spain)

Venezuela as the 2002 edition of the CIA World Factbook published it: 117 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalCaracas
Position8 00 N, 66 00 W
Area912,050 sq km
LocationNorthern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
Populationas each edition published it
24.29 million July 2002 est. · 19.7m in 1990
Population growth% a year
1.52% 2002 est. · 2.22% in 1993
Median ageyears
Not in this edition 24.8 yrs in 2003
Life expectancyyears at birth
73.56 years 2002 est. · 72.69 yrs in 1993
Fertility ratechildren per woman
2.41 children per woman 2002 est. · 3.4 in 1990
Infant mortalitydeaths per 1,000 live births
24.58 deaths per 1,000 live births 2002 est. · 27 in 1990
GDP per capitaeach edition's own dollars
$6,100 2001 est. · $2,800 in 1993
GDP real growth% a year
2.7% 2001 est. · 7.3% in 1993

Introduction

1 field

Background

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: an embattled president who is losing his once solid support among Venezuelans, 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.

Geography

Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana

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Land useshare of 912,050 sq km

arable land 2.99%permanent crops 0.96%other 96.05% (1998 est.)irrigated 540 sq km (1998 est.)
Area
912,050sq km
land: 882,050 sq kmwater: 30,000 sq kmslightly more than twice the size of California
Coastline
2,800km
contiguous zone: 15 NMterritorial sea: 12 NMcontinental shelf: 200-m depth or to the depth of exploitationexclusive economic zone: 200 NM
Highest point
5,007m
Pico Bolivar (La Columna)lowest point: Caribbean Sea 0 m
Land boundaries
4,993km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km

Location

Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana

Geographic coordinates

8 00 N, 66 00 W

Map references

South America

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

Natural hazards

subject to floods, rockslides, mudslides; periodic droughts

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

Geography - note

on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall

People

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Population
24,287,670
(July 2002 est.)growth rate: 1.52% (2002 est.)

Per 1,000 population(2002 est.)

Birth
20.22Death
4.91Net migration
-0.11

Male · female

TotalMale · femaleLife expectancy years (2002 est.)73.56
70.53 · 76.81
TotalMale · femaleLiteracy (1995 est.)91.1%
91.8% · 90.3%
MaleFemaleLiteracy definition: age 15 and over can read and write

Religions

nominally Roman Catholic 96%Protestant 2%other 2%

Age structure

0-14 years:
31.6% (male 3,955,132; female 3,710,159)
15-64 years:
63.6% (male 7,756,362; female 7,695,738)
65 years and over:
4.8% (male 533,559; female 636,720) (2002 est.)

Sex ratio

at birth:
1.07 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 (2002 est.)

Infant mortality rate

24.58 deaths/1,000 live births (2002 est.)

Total fertility rate

2.41 children born/woman (2002 est.)

HIV/AIDS - deaths

2,000 (1999 est.)

Nationality

noun:
Venezuelan(s)
adjective:
Venezuelan

Ethnic groups

Spanish, Italian, Portuguese, Arab, German, African, indigenous people

Languages

Spanish (official), numerous indigenous dialects

Government

Federal republic; President Hugo CHAVEZ Frias (since 3 February 1999); President Hugo CHAVEZ Frias (since 3 February 1999)

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National Assembly or Asamblea Nacional, 165 seats, elected 30 July 2000one dot, one seat

pro-government (MVR 92, MAS 6, indigenous 3, other 7) 108opposition (AD 33, COPEI 6, Justice First 5, other 13) 57

Country name

conventional long form:
Bolivarian Republic of Venezuela
conventional short form:
Venezuela
local short form:
Venezuela
local long form:
Republica Bolivariana de Venezuela

Government type

federal republic

Capital

Caracas

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

Independence

5 July 1811 (from Spain)

National holiday

Independence Day, 5 July (1811)

Constitution

30 December 1999

Suffrage

18 years of age; universal

Executive branch

chief 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
election results:
Hugo CHAVEZ Frias reelected president; percent of vote - 60%
elections:
president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006)

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)

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)
elections:
last held 30 July 2000 (next to be held NA 2005)

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 [Claudio FERMIN];
  • Fifth Republic Movement or MVR [Garcia PONCE];
  • Homeland for All or PPT [Jose ALBORNIZ];
  • Justice First [Julio BORGES];
  • Movement Toward Socialism or MAS [Hector MUJICA];
  • National Convergence or Convergencia [Juan Jose CALDERA];
  • Radical Cause or La Causa R [Antonio HERRERA];
  • Social Christian Party or COPEI [Oswaldo ALVAREZ Paz];
  • Venezuela Project or PV [Henrique SALAS Romer]

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-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, 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 (vacant); Charge d' Affaires Luis HERERRA Marcano
chancery:
1099 30th Street NW, Washington, DC 20007
consulate(s) general:
Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, and San Juan (Puerto Rico)
FAX:
[1] (202) 342-6820
telephone:
[1] (202) 342-2214

Diplomatic representation from the US

chief of mission:
Ambassador Charles S. SHAPIRO
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] (212) 975-9234, 975-6411
FAX:
[58] (212) 975-8991

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.

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Real growth rate
2.7%
(2001 est.)industrial production growth: NA%
Inflation, consumer prices
12.3%
(2001) (2001)
Unemployment rate
14.1%
(2001 est.)

GDP - composition by sector(2001 est.)

agriculture 5%industry 40%services 55% (2001 est.)

Trading partnersexports left, imports right

60%
US
35.8%
3.5%
Colombia
6.8%
5.5%
Brazil
4.5%
3.5%
Italy
3.9%
Germany
3.9%
3.4%
Spain
Exports $29.5 billion f.o.b. (2001)Imports $18.4 billion f.o.b. (2001)(2000)

Budget

Revenues
$21.5 billionExpenditures
$27 billion (2000 est.)
expenditures including capital expenditures of $NA (2000 est.)

Electricity

fossil fuel 23%hydro 77%other 0% · nuclear 0%
Electricity production
80.754 billion (2000)Electricity consumption
75.101 billion (2000)

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 2.7% in 2001. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999.

Nevertheless, a weak nonoil sector and capital flight - and a temporary fall in oil prices - undercut the recovery. In early 2002, President CHAVEZ changed the exchange rate regime from a crawling peg to a free floating exchange rate, causing the bolivar to depreciate significantly.

GDP

purchasing power parity - $146.2 billion (2001 est.)

GDP - per capita

purchasing power parity - $6,100 (2001 est.)

Household income or consumption by percentage share

lowest 10%:
2%
highest 10%:
38% (1997) (1997)

Labor force

9.9 million (1999) (1999)

Labor force - by occupation

services 64%, industry 23%, agriculture 13% (1997 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

$29.5 billion f.o.b. (2001)

Exports - commodities

petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures

Imports

$18.4 billion f.o.b. (2001)

Imports - commodities

raw materials, machinery and equipment, transport equipment, construction materials

Debt - external

$34.5 billion (2000) (2000)

Economic aid - recipient

$35 million with more assistance likely as a result of flooding (1999)

Currency

bolivar (VEB)

Exchange rates

bolivares per US dollar - 761.225 (January 2002), 723.666 (2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997)

Fiscal year

calendar year

Communications

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Mobile cellular
2 million
(1998)
Fixed lines
2.6 million
(however, 3,500,000 have been installed) (1998) · country code .ve

Telephone 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

Radio broadcast stations

AM 201, FM NA (20 in Caracas), shortwave 11 (1998)

Radios

10.75 million (1997)

Television broadcast stations

66 (plus 45 repeaters) (1997)

Televisions

4.1 million (1997)

Internet users

1.3 million (2002)

Transportation

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Airports by runway lengthpaved left, unpaved right

5
over 3,047 m
11
2,438 to 3,047 m
61
914 to 1,523 m
97
18
under 914 m
139
32
1,524 to 2,437 m
10
Paved 127Unpaved 246

Networkskm

Highways
96,155Railways
682Waterways
7,100
Highways: paved: 32,308 km · unpaved: 63,847 km (1997 est.) · Railways: standard gauge: 682 km 1.435-m gauge note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001) · Waterways: note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels

Railways

total:
682 km
standard gauge:
682 km 1.435-m gauge

note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001)

Highways

total:
96,155 km
paved:
32,308 km
unpaved:
63,847 km (1997 est.)

Waterways

7,100 km note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels

Pipelines

  • crude oil 6,370 km;
  • petroleum products 480 km;
  • natural gas 4,010 km

Ports 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:
45 ships (1,000 GRT or over) totaling 716,361 GRT/1,267,095 DWT

note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 1, Greece 1, Italy 1, United Kingdom 1, United States 2 (2002 est.)

ships by type:
bulk 7, cargo 9, liquefied gas 3, passenger/cargo 1, petroleum tanker 14, roll on/roll off 10, short-sea passenger 1

Airports

372 (2001)

Heliports

1 (2002)

Military

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Military branches

National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional)

Military manpower - military age

18 years of age (2002 est.)

Military manpower - availability

males age 15-49: 6,647,718 (2002 est.)

Military manpower - fit for military service

males age 15-49: 4,786,849 (2002 est.)

Transnational Issues

2 fields

Disputes - international

  • claims all of Guyana west of the Essequibo (river);
  • maritime boundary dispute with Colombia in the Gulf of Venezuela;
  • several Caribbean states protest Venezuela's claim to Islas des Aves (Bird Islands), 565 km from Venezuelan mainland

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

Cite this entry

Central Intelligence Agency. “Venezuela.” The World Factbook 2002. Archived by The Factbook, thefactbook.org/venezuela/2002.