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.
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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: 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
18 fieldsLand useshare of 912,050 sq km
Location
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
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
18 fieldsPer 1,000 population(2002 est.)
Male · female
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.)
Government
Federal republic; President Hugo CHAVEZ Frias (since 3 February 1999); President Hugo CHAVEZ Frias (since 3 February 1999)
18 fieldsNational Assembly or Asamblea Nacional, 165 seats, elected 30 July 2000one dot, one seat
Country name
- conventional long form:
- Bolivarian Republic of Venezuela
- conventional short form:
- Venezuela
- local short form:
- Venezuela
- local long form:
- Republica Bolivariana de 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 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.
33 fieldsGDP - composition by sector(2001 est.)
Trading partnersexports left, imports right
Electricity
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.
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
Imports - commodities
raw materials, machinery and equipment, transport equipment, construction materials
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)
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 fieldsAirports by runway lengthpaved left, unpaved right
Networkskm
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)
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
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 - 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)
Transnational Issues
2 fieldsDisputes - 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.