Venezuela

Bolivarian Republic of VenezuelaRepublica Bolivariana de Venezuela

federal republicIndependence 5 July 1811 (from Spain)

Venezuela as the 2006 edition of the CIA World Factbook published it: 129 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, UTC-4
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
25.73 million July 2006 est. · 19.7m in 1990
Population growth% a year
1.38% 2006 est. · 2.22% in 1993
Median ageyears
26 years 2006 est. · 24.8 yrs in 2003
Life expectancyyears at birth
74.54 years 2006 est. · 72.69 yrs in 1993
Fertility ratechildren per woman
2.23 children per woman 2006 est. · 3.4 in 1990
Infant mortalitydeaths per 1,000 live births
21.54 deaths per 1,000 live births 2006 est. · 27 in 1990
GDP per capitaeach edition's own dollars
$6,400 2005 est. · $2,800 in 1993
GDP real growth% a year
9.3% 2005 est. · 7.3% in 1993

Introduction

1 field

Background

Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). 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. Hugo CHAVEZ, president since 1999, has promoted a controversial policy of "democratic socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability.

Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence 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 fields

Land useshare of 912,050 sq km

arable land 2.85%permanent crops 0.88%other 96.27% (2005)irrigated 5,750 sq km (2003)
Area
912,050sq km
land: 882,050 sq kmwater: 30,000 sq kmslightly more than twice the size of California
Coastline
2,800km
territorial sea: 12 nmcontiguous zone: 15 nmexclusive economic zone: 200 nmcontinental shelf: 200-m depth or to the depth of exploitation
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, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands; signed but not ratified:: none of the selected agreements

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

19 fields

Age structuremale left, female right · (2006 est.)

609,101
65 and over5.2%
734,960
8,494,944
15-6465.7%
8,410,874
3,860,116
0-1429.1%
3,620,440
MaleFemale
Population
25,730,435
(July 2006 est.)growth rate: 1.38% (2006 est.)

Per 1,000 population(2006 est.)

Birth
18.71Death
4.92Net migration
0

Male · female

TotalMale · femaleLife expectancy years (2006 est.)74.54
71.49 · 77.81Infant mortality deaths/1,000 live births (2006 est.)21.54
24.58 · 18.27
TotalMale · femaleLiteracy (2003 est.)93.4%
93.8% · 93.1%Median age years (2006 est.)26
25.4 · 26.6
MaleFemaleLiteracy definition: age 15 and over can read and write

Religions

nominally Roman Catholic 96%Protestant 2%other 2%
HIV/AIDS - adult prevalence rate
0.7%
- note - no country specific models provided (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:
0.83 male(s)/female
total population:
1.02 male(s)/female (2006 est.)

Total fertility rate

2.23 children born/woman (2006 est.)

HIV/AIDS - deaths

4,100 (2003 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)

18 fields

Presidential electionpercent of vote

63%
Hugo CHAVEZ Frias 63%Manuel ROSALES 37%election last held 3 December 2006 (next to be held December 2012)

National Assembly or Asamblea Nacional, 167 seats, elected 4 December 2005one dot, one seat

pro-government (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25) 167opposition 0

Country name

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

Government type

federal republic

Capital

name:
Caracas
geographic coordinates:
10 30 N, 66 56 W
time difference:
UTC-4 (1 hour ahead of Washington, DC during Standard Time)

Administrative divisions

  • 23 states (estados, singular - estado), 1 capital district* (distrito capital), 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 Vale (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 Vale (since 28 April 2002)
cabinet:
Council of Ministers appointed by the president
elections:
president elected by popular vote for a six-year term (eligible for a second term); election last held 3 December 2006 (next to be held December 2012)

note: in 1999, a National Constituent Assembly drafted a new constitution that increased the presidential term to six years; an election was subsequently held on 30 July 2000 under the terms of this new constitution

election results:
Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 63%, Manuel ROSALES 37%

Legislative branch

unicameral National Assembly or Asamblea Nacional (167 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)

elections:
last held 4 December 2005 (next to be held in 2010)
election results:
percent of vote by party - NA%; seats by party - pro-government 167 (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25), opposition 0

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

  • Christian Democrats or COPEI [Eduardo FERNANDEZ];
  • Democratic Action or AD [Jesus MENDEZ Quijada];
  • Fatherland for All or PPT [Jose ALBORNOZ];
  • Fifth Republic Movement or MVR [Hugo CHAVEZ];
  • Justice First [Julio BORGES];
  • Movement Toward Socialism or MAS [Hector MUJICA];
  • Venezuela Project or PV [Henrique SALAS Romer];
  • We Can or PODEMOS [Ismael GARCIA]

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, CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, LAES, LAIA, Mercosur, MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO

Diplomatic representation in the US

chief of mission:
Ambassador Bernardo ALVAREZ Herrera
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, San Juan (Puerto Rico)

Diplomatic representation from the US

chief of mission:
Ambassador William R. BROWNFIELD
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 eight white five-pointed stars centered in the blue band

Economy

Venezuela continues to be highly dependent on the petroleum sector, accounting for roughly one-third of GDP, around 80% of export earnings, and over half of government operating revenues.

46 fields
GDP, purchasing power parity
$162.1billion
(2005 est.)official exchange rate: $106.1 billion (2005 est.)
GDP per capita, PPP
$6,400
(2005 est.)
Real growth rate
9.3%
(2005 est.)industrial production growth: 7.2% (2005 est.)

GDP - composition by sector(2005 est.)

agriculture 4%industry 41.9%services 54.1% (2005 est.)

Trading partnersexports left, imports right

51.2%
US
31.6%
Colombia
11%
Brazil
9.1%
7.3%
Netherlands Antilles
Mexico
6.9%
2.4%
Canada
Exports $52.73 billion f.o.b. (2005 est.)Imports $24.63 billion f.o.b. (2005 est.)(2005)

Budget

Revenues
$39.63 billionExpenditures
$41.27 billion (2005 est.)
expenditures including capital expenditures of $2.6 billion

Electricity

Electricity production
87.44 billion (2003)Electricity consumption
81.32 billion (2003)

Economy - overview

Venezuela continues to be highly dependent on the petroleum sector, accounting for roughly one-third of GDP, around 80% of export earnings, and over half of government operating revenues. Government revenue also has been bolstered by increased tax collection, which has surpassed its 2005 collection goal by almost 50%. Tax revenue is the primary source of non-oil revenue, which accounts for 53% of the 2006 budget.

A disastrous two-month national oil strike, from December 2002 to February 2003, temporarily halted economic activity. The economy remained in depression in 2003, declining by 9.2% after an 8.9% fall in 2002. Output recovered strongly in 2004-2005, aided by high oil prices and strong consumption growth. Venezuela continues to be an important source of crude oil for the US market. Both inflation and unemployment remain fundamental problems.

Labor force

12.31 million (2005 est.)

Labor force - by occupation

agriculture:
13%
industry:
23%
services:
64% (1997 est.)

Unemployment rate

12.2% (2005 est.)

Household income or consumption by percentage share

lowest 10%:
0.8%
highest 10%:
36.5% (1998)

Investment (gross fixed)

19% of GDP (2005 est.)

Public debt

34.2% of GDP (2005 est.)

Agriculture - products

  • corn, sorghum, sugarcane, rice, bananas, vegetables, coffee;
  • beef, pork, milk, eggs;
  • fish

Industries

  • petroleum, construction materials, food processing, textiles;
  • iron ore mining, steel, aluminum;
  • motor vehicle assembly

Oil - production

3.081 million bbl/day (2005 est.)

Oil - consumption

530,000 bbl/day (2003 est.)

Oil - exports

2.1 million bbl/day (2004 est.)

Oil - imports

NA bbl/day

Oil - proved reserves

75.59 billion bbl (2005 est.)

Natural gas - production

29.7 billion cu m (2003 est.)

Natural gas - consumption

29.7 billion cu m (2003 est.)

Natural gas - exports

0 cu m (2004 est.)

Natural gas - imports

0 cu m (2004 est.)

Natural gas - proved reserves

4.191 trillion cu m (2005)

Current account balance

$25.36 billion (2005 est.)

Exports

$52.73 billion f.o.b. (2005 est.)

Exports - commodities

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

Imports

$24.63 billion f.o.b. (2005 est.)

Imports - commodities

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

Reserves of foreign exchange and gold

$29.64 billion (2005 est.)

Debt - external

$41.51 billion (2005 est.)

Economic aid - recipient

$74 million (2000)

Currency (code)

bolivar (VEB)

Exchange rates

bolivares per US dollar - 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003), 1,161 (2002), 723.7 (2001)

Fiscal year

calendar year

Communications

8 fields
Mobile cellular
12.496 million
(2005)
Internet users
51,968
(2006)
Fixed lines
3,605,500
(2005) · 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:
  • country code - 58;
  • 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)

Television broadcast stations

66 (plus 45 repeaters) (1997)

Internet users

3.04 million (2005)

Transportation

10 fields

Airports by runway lengthpaved left, unpaved right

5
over 3,047 m
11
2,438 to 3,047 m
34
1,524 to 2,437 m
9
60
914 to 1,523 m
90
19
under 914 m
147
Paved 129Unpaved 246

Networkskm

Roadways
96,155Railways
682Waterways
7,100
Roadways: paved: 32,308 km · unpaved: 63,847 km (1999) · Railways: standard gauge: 682 km 1.435-m gauge (2005) · Waterways: note: Orinoco River and Lake de Maracaibo navigable by oceangoing vessels, Orinoco for 400 km (2005)

Airports

375 (2006)

Heliports

1 (2006)

Pipelines

  • extra heavy crude 992 km;
  • gas 5,369 km;
  • oil 7,607 km;
  • refined products 1,681 km;
  • unknown (oil/water) 141 km (2006)

Railways

total:
682 km
standard gauge:
682 km 1.435-m gauge (2005)

Roadways

total:
96,155 km
paved:
32,308 km
unpaved:
63,847 km (1999)

Waterways

7,100 km note: Orinoco River and Lake de Maracaibo navigable by oceangoing vessels, Orinoco for 400 km (2005)

Merchant marine

total:
56 ships (1000 GRT or over) 824,941 GRT/1,327,924 DWT
by type:
bulk carrier 7, cargo 10, chemical tanker 2, container 1, liquefied gas 6, passenger/cargo 12, petroleum tanker 18
foreign-owned:
13 (Denmark 3, Greece 3, India 1, Mexico 3, Panama 1, Russia 1, Spain 1)
registered in other countries:
15 (Bahamas 1, Panama 14) (2006)

Ports and terminals

Amuay, La Guaira, Maracaibo, Puerto Cabello, Punta Cardon

Military

6 fields

Military branches

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

Military service age and obligation

18 years of age for compulsory and voluntary military service; conscript service obligation - 30 months (2004)

Manpower available for military service

males age 18-49:
6,236,012
females age 18-49:
6,137,622 (2005 est.)

Manpower fit for military service

males age 18-49:
4,907,947
females age 18-49:
5,151,843 (2005 est.)

Manpower reaching military service age annually

males age 18-49:
252,396
females age 18-49:
237,300 (2005 est.)

Transnational Issues

3 fields

Disputes - international

  • claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary;
  • Guyana has expressed its intention to join Barbados in asserting claims before the United Nations Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters;
  • dispute with Colombia over Los Monjes islands and maritime boundary near the Gulf of Venezuela;
  • Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region resulting in several thousand residents migrating away from the border;
  • US, France, and the Netherlands recognize Venezuela's claim to give full effect to Aves Island, which creates a Venezuelan EEZ/continental shelf extending over a large portion of the Caribbean Sea;
  • Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's claim that Aves Island sustains human habitation and other states' recognition of it

Trafficking in persons

current situation:
  • Venezuela is a source, transit, and destination country for women and children trafficked for the purposes of sexual exploitation and forced labor;
  • women and children from Colombia, China, Peru, Ecuador, and the Dominican Republic are trafficked to and through Venezuela and subjected to commercial sexual exploitation or forced labor;
  • Venezuelans are trafficked internally and to Western Europe, particularly Spain and the Netherlands, and to countries in the Caribbean region for commercial sexual exploitation;
  • Venezuela is a transit country for illegal migrants from other countries in the region and for Asian nationals, some are believed to be trafficking victims
tier rating:
Tier 3 - Venezuela does not fully comply with the minimum standards for the elimination of trafficking and is not making significant efforts to do so

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 2006. Archived by The Factbook, thefactbook.org/venezuela/2006.