Venezuela

Bolivarian Republic of VenezuelaRepublica Bolivariana de Venezuela

federal republicIndependence 5 July 1811 (from Spain)

Venezuela as the 2013 edition of the CIA World Factbook published it: 171 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-4.5
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
28.46 million July 2013 est. · 19.7m in 1990
Population growth% a year
1.44% 2013 est. · 2.22% in 1993
Median ageyears
26.6 years 2013 est. · 24.8 yrs in 2003
Life expectancyyears at birth
74.23 years 2013 est. · 72.69 yrs in 1993
Fertility ratechildren per woman
2.37 children per woman 2013 est. · 3.4 in 1990
Infant mortalitydeaths per 1,000 live births
19.75 deaths per 1,000 live births 2013 est. · 27 in 1990
GDP per capitaeach edition's own dollars
$13,500 2012 est. · $2,800 in 1993
GDP real growth% a year
5.6% 2012 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 from 1999 to 2013, sought to implement his "21st Century Socialism," which purported to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions.

Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, rampant violent crime, 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

20 fields

Land useshare of 912,050 sq km

arable land 2.85%permanent crops 0.71%other 96.44% (2011)irrigated 10,550 sq km (2008)
Area
912,050sq km
country comparison to the world: 33land: 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 Bolivarlowest 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

Freshwater withdrawal (domestic/industrial/agricultural)

total:
9.06 cu km/yr (23%/4%/74%)
per capita:
358.6 cu m/yr (2008)

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 and Society

37 fields

Age structuremale left, female right · (2013 est.)

722,234
65 and over5.8%
916,061
993,176
55-647.3%
1,094,586
5,520,689
25-5439.5%
5,727,432
2,686,366
15-2418.8%
2,664,062
4,144,958
0-1428.6%
3,989,521
MaleFemaleDependency ratios: total dependency ratio: 53.2 % · youth dependency ratio: 43.7 % · elderly dependency ratio: 9.5 % · potential support ratio: 10.6 (2013)
Population
28,459,085
(July 2013 est.)country comparison to the world: 46growth rate: 1.44% (2013 est.)country comparison to the world: 84

Per 1,000 population(2013 est.)

Birth
19.66Death
5.23Net migration
0

Male · female

TotalMale · femaleLife expectancy years (2013 est.)74.23
71.12 · 77.5Infant mortality deaths/1,000 live births (2013 est.)19.75
23.18 · 16.14Literacy (2009 est.)95.5%
95.7% · 95.4%
TotalMale · femaleMedian age years (2013 est.)26.6
25.9 · 27.3Youth unemployment ages 15-24 (2011)17.5%
15.1% · 22%
MaleFemaleLife expectancy country comparison to the world: 113 · Infant mortality country comparison to the world: 94 · Literacy definition: age 15 and over can read and write · Youth unemployment ages 15-24 country comparison to the world: 72

Religions

nominally Roman Catholic 96%Protestant 2%other 2%
Urban population
93%of total population
(2010)rate of urbanization: 1.7% annual rate of change (2010-15 est.)Major urban areas - population: CARACAS (capital) 3.051 million; Maracaibo 2.153 million; Valencia 1.738 million; Barquisimeto 1.159 million; Maracay 1.04 million (2009)
Improved drinking water
92%of population
improved: urban: 94% of populationrural: 74% of populationunimproved: urban: 6% of populationrural: 26% of populationtotal: 8% of population (2000 est.)
Improved sanitation
89%of population
improved: urban: 93% of populationrural: 54% of populationunimproved: urban: 7% of populationrural: 46% of populationtotal: 11% of population (2000 est.)
Maternal mortality rate
92deaths/100,000 live births
(2010)country comparison to the world: 80

Nationality

noun:
Venezuelan(s)
adjective:
Venezuelan

Ethnic groups

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

Languages

Spanish (official), numerous indigenous dialects

Demographic profile

Although poverty in Venezuela has declined during the CHAVEZ administration, dropping from nearly 50% in 1999 to about 27% in 2011, it remains high and some experts question how much of a role social expenditures have played in this poverty reduction. Progress in lowering poverty, income inequality, and unemployment may in fact be more closely linked to the rise and fall of prices for oil, Venezuela's dominant export.

In the long-run, education and healthcare spending may increase economic growth and reduce income inequality, but rising costs and the staffing of new healthcare jobs with foreigners are slowing development. In the meantime, social investment has led to better living standards, including increased school enrollment, a substantial reduction in infant and child mortality, and greater access to potable water and sanitation.

Since CHAVEZ came to power in 1999, more than a million predominantly middle- and upper-class Venezuelans are estimated to have emigrated. The brain drain is attributed to a repressive political system, lack of economic opportunities, steep inflation, a high crime rate, and corruption.

Thousands of oil engineers emigrated to Canada, Colombia, and the United States following CHAVEZ's firing of over 20,000 employees of the state-owned petroleum company during a 2002-2003 oil strike. Additionally, thousands of Venezuelans of European descent have taken up residence in their ancestral homelands.

Nevertheless, Venezuela continues to attract immigrants from South America and southern Europe because of its lenient migration policy and the availability of education and healthcare. Venezuela also has been a fairly accommodating host to more than 200,000 Colombian refugees.

Sex ratio

at birth:
1.05 male(s)/female
0-14 years:
1.04 male(s)/female
15-24 years:
1.01 male(s)/female
25-54 years:
0.96 male(s)/female
55-64 years:
0.91 male(s)/female
65 years and over:
0.79 male(s)/female
total population:
0.98 male(s)/female (2013 est.)

Total fertility rate

2.37 children born/woman (2013 est.) country comparison to the world: 92

Health expenditures

5.2% of GDP (2011) country comparison to the world: 138

Physicians density

1.94 physicians/1,000 population (2001)

Hospital bed density

0.9 beds/1,000 population (2011)

HIV/AIDS - adult prevalence rate

NA; note - no country specific models provided

Major infectious diseases

degree of risk:
high
food or waterborne diseases:
bacterial diarrhea and hepatitis A
vectorborne diseases:
dengue fever and malaria (2013)

Obesity - adult prevalence rate

30.3% (2008) country comparison to the world: 26

Children under the age of 5 years underweight

3.7% (2007) country comparison to the world: 98

Education expenditures

3.6% of GDP (2007) country comparison to the world: 124

Child labor - children ages 5-14

total number:
404,092
percentage:
8 % (2000 est.)

Government

Federal republic; President Nicolas MADURO Moros (since 8 March 2013); President Nicolas MADURO Moros (since 8 March 2013)

21 fields

Presidential electionpercent of vote

50.08%
Nicolas MADURO Moros 50.08%Henrique CAPRILES Radonski 49%other 0.92%election last held on 14 April 2013

National Assembly or Asamblea Nacional, 165 seats, elected 26 September 2010one dot, one seat

pro-government 98opposition 65other 2

Percent of vote

pro-government 48.9%opposition coalition 47.9%other 3.2%

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 29 N, 66 52 W
time difference:
UTC-4.5 (half an 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 (Federal Dependencies)**, Distrito Capital (Capital District)*, 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

  • many previous;
  • latest adopted 15 December 1999, effective 30 December 1999;
  • amended 2009 (2013)

International law organization participation

has not submitted an ICJ jurisdiction declaration; state party to the ICCT

Suffrage

18 years of age; universal

Executive branch

chief of state:
  • President Nicolas MADURO Moros (since 8 March 2013);
  • Executive Vice President Jorge Alberto ARREAZA Montserrat (since 8 March 2013);
  • note - the president is both chief of state and head of government;
  • former Executive Vice President Nicolas MADURO Moros assumed presidential responsibilites after the death of President Hugo CHAVEZ Frias on 5 March 2013, and was officially sworn in on 8 March 2013
head of government:
President Nicolas MADURO Moros (since 8 March 2013); Executive Vice President Jorge Alberto ARREAZA Montserrat (since 8 March 2013)
cabinet:
Council of Ministers appointed by the president; (For more information visit theWorld Leaders website)
elections:
  • president elected by popular vote for a six-year term (eligible for unlimited reelection);
  • election last held on 14 April 2013;
  • note - this was a special election held following the death of President Hugo CHAVEZ Frias on 5 March 2013;
  • the next scheduled election after this is expected to be held in October 2018 pending official convocation by the country's electoral body)

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 constitution;

in 2009, a national referendum approved the elimination of term limits on all elected officials, including the presidency

election results:
  • Nicolas MADURO Moros elected president;
  • percent of vote - Nicolas MADURO Moros 50.08%, Henrique CAPRILES Radonski 49%, other 0.92%;
  • note - official results pending

Legislative branch

unicameral National Assembly or Asamblea Nacional (165 seats; members elected by popular vote on a proportional basis to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)

elections:
last held on 26 September 2010 (next to be held in 2015)
election results:
percent of vote by party - pro-government 48.9%, opposition coalition 47.9%, other 3.2%; seats by party - pro-government 98, opposition 65, other 2

Judicial branch

highest court(s):
Supreme Tribunal of Justice (consists of 32 judges organized into six divisions - constitutional, political administrative, electoral, civil appeals, criminal appeals, and social (mainly agrarian and labor issues)
judge selection and term of office:
  • judges proposed by the Committee of Judicial Postulation (an independent body of organizations dealing with legal issues and of the organs of citizen power) and appointed by the National Assembly;
  • judges serve non-renewable 12-year terms
subordinate courts:
  • Superior or Appeals Courts (Tribunales Superiores);
  • District Tribunals (Tribunales de Distrito);
  • Courts of First Instance (Tribunales de Primera Instancia);
  • Parish Courts (Tribunales de Parroquia);
  • Justices of the Peace (Justicia de Paz) Network

Political parties and leaders

  • A New Time or UNT [Omar BARBOZA]
  • Brave People's Alliance or ABP [Antonio LEDEZMA]
  • Christian Democrats or COPEI [Roberto ENRIQUEZ]
  • Communist Party of Venezuela or PCV [Oscar FIGUERA]
  • Democratic Action or AD [Henry RAMOS ALLUP]
  • Fatherland for All or PPT [Rafael UZCATEGUI]
  • For Social Democracy or PODEMOS [Ismael GARCIA]
  • Justice First [Julio BORGES]
  • Movement Toward Socialism or MAS [Nicolas SOSA]
  • Popular Will or VP [Leopoldo LOPEZ]
  • Progressive Wave or AP [Henri FALCON]
  • The Democratic Unity Table or MUD [Ramon Guillermo AVELEDO]
  • The Radical Cause [Daniel SANTOLO]
  • United Socialist Party of Venezuela or PSUV [Hugo CHAVEZ]
  • Venezuelan Progressive Movement or MPV [Simon CALZADILLA]
  • Venezuela Project or PV [Henrique SALAS ROMER]

Political pressure groups and leaders

Bolivarian and Socialist Workers' Union (a ruling party labor union)

Confederacion Venezolana de Industriales or Coindustria (a conservative business group)

Consejos Comunales (pro-Chavez local cooperatives)

FEDECAMARAS (a conservative business group)

Union of Oil Workers of Venezuela or FUTPV

Venezuelan Confederation of Workers or CTV (opposition-oriented labor organization)

various civil society groups and human rights organizations

International organization participation

Caricom (observer), CD, CDB, CELAC, FAO, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC (NGOs), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC (NGOs), LAES, LAIA, LAS (observer), Mercosur, MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, Petrocaribe, UN, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Diplomatic representation in the US

chief of mission:
Ambassador (vacant)
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 (vacant)
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) 975-6411, 907-8400 (after hours)
FAX:
[58] (212) 907-8199

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;
  • the flag retains the three equal horizontal bands and three main colors of the banner of Gran Colombia, the South American republic that broke up in 1830;
  • yellow is interpreted as standing for the riches of the land, blue for the courage of its people, and red for the blood shed in attaining independence;
  • the seven stars on the original flag represented the seven provinces in Venezuela that united in the war of independence;
  • in 2006, President Hugo CHAVEZ ordered an eighth star added to the star arc - a decision that sparked much controversy - to conform with the flag proclaimed by Simon Bolivar in 1827 and to represent the province of Guayana

National symbol(s)

troupial (bird)

National anthem

name: "Gloria al bravo pueblo" (Glory to the Brave People)

Economy

41 fields
GDP, purchasing power parity
$397.9billion
(2012 est.)country comparison to the world: 34$376.7 billion (2011 est.) · $361.6 billion (2010 est.)note: data are in 2012 US dollarsofficial exchange rate: $376.1 billion (2012 est.)
GDP per capita, PPP
$13,500
(2012 est.)country comparison to the world: 98$13,000 (2011 est.) · $12,600 (2010 est.)note: data are in 2012 US dollars
Real growth rate
5.6%
(2012 est.)country comparison to the world: 514.2% (2011 est.) · -1.5% (2010 est.)industrial production growth: 4.7% (2012 est.)country comparison to the world: 60
Inflation, consumer prices
21.1%
(2012 est.)country comparison to the world: 21726.1% (2011 est.)

GDP - composition, by sector of origin(2012 est.)

agriculture 3.7%industry 35.5%services 60.8% (2012 est.)

Trading partnersexports left, imports right

39.1%
US
31.7%
14.3%
China
16.8%
12%
India
Brazil
9.1%
7.8%
Netherlands Antilles
Colombia
4.8%
4.6%
Cuba
Exports $97.34 billion (2012 est.)Imports $59.31 billion (2012 est.)(2012)

By end use% of GDP

Household consumption
58.9%Government consumption
12.2%Fixed capital
19.9%Inventories
6.1%Exports
25.8%Imports
-22.9%
(2012 est.)

Budget

Revenues
$109.8 billionExpenditures
$165.3 billion (2012 est.)

Economy - overview

Venezuela remains highly dependent on oil revenues, which account for roughly 95% of export earnings, about 45% of federal budget revenues, and around 12% of GDP. Fueled by high oil prices, record government spending helped to boost GDP growth by 4.2% in 2011, after a sharp drop in oil prices caused an economic contraction in 2009-10.

Government spending, minimum wage hikes, and improved access to domestic credit created an increase in consumption which combined with supply problems to cause higher inflation - roughly 26% in 2011 and 21% in 2012. President Hugo CHAVEZ's efforts to increase the government's control of the economy by nationalizing firms in the agribusiness, financial, construction, oil, and steel sectors have hurt the private investment environment, reduced productive capacity, and slowed non-petroleum exports.

In the first half of 2010 Venezuela faced the prospect of lengthy nationwide blackouts when its main hydroelectric power plant - which provides more than 35% of the country's electricity - nearly shut down. In May 2010, CHAVEZ closed the unofficial foreign exchange market - the "parallel market" - in an effort to stem inflation and slow the currency's depreciation.

In June 2010, the government created the "Transaction System for Foreign Currency Denominated Securities" to replace the "parallel" market. In December 2010, CHAVEZ eliminated the dual exchange rate system and unified the exchange rate at 4.3 bolivars per dollar. In January 2011, CHAVEZ announced the second devaluation of the bolivar within twelve months.

In December 2010, the National Assembly passed a package of five organic laws designed to complete the transformation of the Venezuelan economy in line with CHAVEZ's vision of 21st century socialism. In 2012, Venezuela continued to wrestle with a housing crisis, high inflation, an electricity crisis, and rolling food and goods shortages - all of which were fallout from the government's unorthodox economic policies.

The budget deficit for the entire government reached 17% of GDP in 2012, and public debt as a percent of GDP climbed steeply to 49%, despite record oil prices.

Gross national saving

28.9% of GDP (2012 est.) · 30.8% of GDP (2011 est.) · 24.2% of GDP (2010 est.) country comparison to the world: 30

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, chemical products, paper products

Labor force

13.49 million (2012 est.) country comparison to the world: 40

Labor force - by occupation

agriculture:
7.3%
industry:
21.8%
services:
70.9% (4th quarter, 2011)

Unemployment rate

7.8% (2012 est.) · 8.2% (2011 est.) country comparison to the world: 87

Household income or consumption by percentage share

lowest 10%:
1.7%
highest 10%:
32.7% (2006)

Distribution of family income - Gini index

39 (2011) · 49.5 (1998) country comparison to the world: 69

Taxes and other revenues

29.2% of GDP (2012 est.) country comparison to the world: 100

Budget surplus (+) or deficit (-)

-14.8% of GDP (2012 est.) country comparison to the world: 213

Public debt

26.8% of GDP (2012 est.) · 25.1% of GDP (2011 est.) country comparison to the world: 121 note: data cover central government debt, as well as the debt of state-owned oil company PDVSA; the data include treasury debt held by foreign entities; the data include some debt issued by subnational entities, as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment; some debt instruments for the social funds are sold at public auctions

Fiscal year

calendar year

Central bank discount rate

29.5% (31 December 2010) · 29.5% (31 December 2009) country comparison to the world: 3

Commercial bank prime lending rate

16.38% (31 December 2012 est.) · 17.15% (31 December 2011 est.) country comparison to the world: 27

Stock of narrow money

$162.7 billion (31 December 2012 est.) · $99.46 billion (31 December 2011 est.) country comparison to the world: 23

Stock of broad money

$188.2 billion (31 December 2012 est.) · $115.9 billion (31 December 2011 est.) country comparison to the world: 43

Stock of domestic credit

$160.1 billion (31 December 2012 est.) · $92.82 billion (31 December 2011 est.) country comparison to the world: 45

Market value of publicly traded shares

$5.143 billion (31 December 2011) · $3.991 billion (31 December 2010) · $8.86 billion (31 December 2010) country comparison to the world: 89

Current account balance

$11.02 billion (2012 est.) · $24.39 billion (2011 est.) country comparison to the world: 25

Exports

$97.34 billion (2012 est.) · $92.81 billion (2011 est.) country comparison to the world: 39

Exports - commodities

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

Imports

$59.31 billion (2012 est.) · $46.78 billion (2011 est.) country comparison to the world: 50

Imports - commodities

agricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, pharmaceuticals, chemicals, iron and steel products

Reserves of foreign exchange and gold

$29.89 billion (31 December 2012 est.) · $29.89 billion (31 December 2011 est.) country comparison to the world: 51

Debt - external

$75.75 billion (31 December 2012 est.) · $67.91 billion (31 December 2011 est.) country comparison to the world: 53

Stock of direct foreign investment - at home

$47.4 billion (31 December 2012 est.) · $45.2 billion (31 December 2011 est.) country comparison to the world: 55

Stock of direct foreign investment - abroad

$21.25 billion (31 December 2012 est.) · $19.81 billion (31 December 2011 est.) country comparison to the world: 46

Exchange rates

bolivars (VEB) per US dollar - 4.29 (2012 est.) · 4.29 (2011 est.) · 2.58 (2010 est.) · 2.15 (2009) · 2.15 (2008)

Energy

23 fields

Installed generating capacity, 27.5 million kW(2012 est.)

Fossil fuels 35.7% of total installed capacity (2012 est.)Hydroelectric plants 64.3% of total installed capacity (2012 est.)Nuclear fuels 0% · Other renewable sources 0%
Electricity production
127.6 billion (2012 est.)Electricity consumption
85.05 billion (2011 est.)Electricity exports
626 million (2010 est.)Refined petroleum imports
16,660 (2011 est.)Refined petroleum consumption
571,000 (2011 est.)Refined petroleum production
1.11 million (2010 est.)Refined petroleum exports
638,000 (2010 est.)

Crude oil - production

2.489 million bbl/day (2012 est.) country comparison to the world: 13

Crude oil - exports

1.645 million bbl/day (2010 est.) country comparison to the world: 8

Crude oil - imports

0 bbl/day (2010 est.) country comparison to the world: 137

Crude oil - proved reserves

297.6 billion bbl (1 January 2013 es) country comparison to the world: 1

Natural gas - production

25.28 billion cu m (2012 est.) country comparison to the world: 30

Natural gas - consumption

27.11 billion cu m (2010 est.) country comparison to the world: 30

Natural gas - exports

0 cu m (2011 est.) country comparison to the world: 201

Natural gas - imports

2.11 billion cu m (2011 est.) country comparison to the world: 47

Natural gas - proved reserves

5.524 trillion cu m (1 January 2013 es) country comparison to the world: 8

Carbon dioxide emissions from consumption of energy

182.7 million Mt (2011 est.) country comparison to the world: 33

Communications

7 fields
Mobile cellular
30.52 million
(2012)
Internet users
1.016 million
(2012)
Fixed lines
7.65 million
(2012) · 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;
  • combined fixed and mobile-cellular telephone subscribership 130 per 100 persons
international:
  • country code - 58;
  • submarine cable systems provide connectivity to the Caribbean, Central and South America, and US;
  • 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;
  • constructing submarine cable to provide connectivity to Cuba with an estimated date of completion in late 2011 (2010)

Broadcast media

  • government supervises a mixture of state-run and private broadcast media;
  • 1 state-run TV network, 4 privately owned TV networks, a privately owned news channel with limited national coverage, and a government-backed pan-American channel;
  • state-run radio network includes 65 news stations and roughly another 30 stations targeted at specific audiences;
  • state-sponsored community broadcasters include 244 radio stations and 36 TV stations;
  • the number of private broadcast radio stations has been declining, but many still remain in operation (2010)

Internet users

8.918 million (2009) country comparison to the world: 32

Transportation

11 fields

Merchant marine, 53 ships by typeone square, one ship

bulk carrier 4cargo 12chemical tanker 1liquefied gas 5passenger 1passenger/cargo 14petroleum tanker 16foreign-owned: 9 (Denmark 1, Estonia 1, Germany 1, Greece 4, Mexico 1, Spain 1) · registered in other countries: 14 (Panama 13, Saint Vincent and the Grenadines 1) (2010)

Airports by runway lengthpaved only

over 3,047 m
6under 914 m
17

Airports by runway lengthunpaved only

under 914 m
130

Networkskm

Roadways
96,155Railways
806Waterways
7,100 (2011)
Roadways: paved: 32,308 km · unpaved: 63,847 km (2002) · Railways: standard gauge: 806 km 1.435-m gauge (41 km electrified) (2008) · Waterways: (the Orinoco River (400 km) and Lake de Maracaibo are navigable by oceangoing vessels)

Airports

444 (2013) country comparison to the world: 19

Heliports

3 (2013)

Pipelines

  • extra heavy crude 981 km;
  • gas 5,941 km;
  • oil 7,588 km;
  • refined products 1,778 km (2013)

Railways

total:
806 km

country comparison to the world: 98

standard gauge:
806 km 1.435-m gauge (41 km electrified) (2008)

Roadways

total:
96,155 km

country comparison to the world: 48

paved:
32,308 km
unpaved:
63,847 km (2002)

Waterways

7,100 km (the Orinoco River (400 km) and Lake de Maracaibo are navigable by oceangoing vessels) (2011) country comparison to the world: 21

Ports and terminals

La Guaira, Maracaibo, Puerto Cabello, Punta Cardon; oil terminals: Jose terminal

Transportation - note

  • the International Maritime Bureau reports the territorial and offshore waters in the Caribbean Sea as a significant risk for piracy and armed robbery against ships;
  • numerous vessels, including commercial shipping and pleasure craft, have been attacked and hijacked both at anchor and while underway;
  • crews have been robbed and stores or cargoes stolen

Military

6 fields
Military expenditures
0.7%of GDP
(2012)country comparison to the world: 154

Military branches

Bolivarian National Armed Forces (Fuerza Armada Nacional Bolivariana, FANB): Bolivarian Army (Ejercito Bolivariano, EB), Bolivarian Navy (Armada Bolivariana, AB; includes Naval Infantry, Coast Guard, Naval Aviation), Bolivarian Military Aviation (Aviacion Militar Bolivariana, AMB; includes Air National Guard), Bolivarian National Guard (Guardia Nacional Bolivaria, GNB) (2013)

Military service age and obligation

  • 18-30 years of age for compulsory and voluntary military service;
  • 30-month conscript service obligation;
  • Navy requires 6th-grade education for enlisted personnel;
  • all citizens of military service age (18-60 years old) are obligated to register for military service (2012)

Manpower available for military service

males age 16-49:
7,013,854
females age 16-49:
7,165,661 (2010 est.)

Manpower fit for military service

males age 16-49:
5,614,743
females age 16-49:
6,074,834 (2010 est.)

Manpower reaching militarily significant age annually

male:
277,210
female:
273,353 (2010 est.)

Transnational Issues

4 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 that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters;
  • dispute with Colombia over maritime boundary and Venezuelan administered Los Monjes islands near the Gulf of Venezuela;
  • Colombian organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region;
  • in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela;
  • US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan Economic Exclusion Zone/continental shelf extending over a large portion of the eastern Caribbean Sea;
  • Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's full effect claim

Refugees and internally displaced persons

refugees (country of origin): 203,563 (Colombia) (2012)

Trafficking in persons

current situation:
  • Venezuela is a source, transit, and destination country for men, women, and children subjected to sex trafficking and forced labor;
  • Venezuelan women and girls are trafficked within the country for sexual exploitation, lured from the nation's interior to urban and tourist areas;
  • women from Colombia, Peru, Haiti, China, and South Africa are also reported to have been sexually exploited in Venezuela;
  • some Venezuelan women are transported to Caribbean islands, particularly Aruba, Curacao, and Trinidad & Tobago, where they are subjected to forced prostitution;
  • some Venezuelan children are forced to beg on the streets or work as domestic servants, while Ecuadorian children, who are often from indigenous communities, are subjected to forced labor
tier rating:
  • Tier 2 Watch List - Venezuela does not fully comply with the minimum standards for the elimination of trafficking;
  • however, it is making significant efforts to do so;
  • the government has increased the investigation of forced labor crimes but has not publicly document progress on prosecutions and convictions of trafficking offenders or on victim identification or assistance;
  • the government also does not report on the existence of formal procedures for identifying trafficking victims and referring them to victim services;
  • authorities provide limited funding to some NGOs providing victim services;
  • public service announcements and an awareness campaign on human trafficking have continued (2013)

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 2013. Archived by The Factbook, thefactbook.org/venezuela/2013.