Venezuela
Geography
Economy
Defense Forces
People
Transportation
Government
Communications
History
Travel
GEOGRAPHY
Location
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
Area
- Total area: 912,050 sq km
- Land area: 882,050 sq km
- Comparative area: slightly more than twice the size of California
Land Boundaries
Total 4,993 km, Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
Coastline
2,800 km
Maritime Claims
- Contiguous zone: 15 nm
- Continental shelf: 200-m depth or to the depth of exploitation
- Exclusive economic zone: 200 nm
- Territorial sea: 12 nm
International Disputes
Claims all of Guyana west of the Essequibo River; maritime boundary dispute with Colombia in the Gulf of Venezuela
Climate
Tropical; hot, humid; more moderate in highlands
Terrain
Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 m
Natural Resources
- Petroleum
- Natural gas
- Iron ore
- Gold
- Bauxite
- Other minerals
- Hydropower
- Diamonds
Land Use
- Arable land: 3%
- Permanent crops: 1%
- Meadows and pastures: 20%
- Forest and woodland: 39%
- Other: 37%
Irrigated Land
2,640 sq km (1989 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
- Natural hazards: subject to floods, rockslides, mudslides; periodic droughts
- International agreements: party to - Biodiversity, Climate Change, Endangered Species, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Wetlands, Whaling; signed, but not ratified - Hazardous Wastes, Marine Dumping
Note: On major sea and air routes linking North and South America
PEOPLE
Population
21,983,188 (July 1996 est.)
21,004,773 (July 1995 est.)
Age Structure
0-14 Years
35% (male 3,946,196; female 3,704,561) (July 1995 est.)
35% (male 3,795,032; female 3,650,705) (July 1995 est.)
15-64 Years
61% (male 6,702,404; female 6,666,626) (July 1995 est.)
60% (male 6,313,887; female 6,350,466) (July 1995 est.)
65 Years and Over
4% (male 442,659; female 520,742) (July 1996 est.)
5% (male 408,663; female 486,020) (July 1995 est.)
Population Growth Rate
1.89% (1996 est.)
2.1% (1995 est.)
Birth Rate
24.39 births/1,000 population (1996 est.)
25.11 births/1,000 population (1995 est.)
Death Rate
5.09 deaths/1,000 population (1996 est.)
4.57 deaths/1,000 population (1995 est.)
Net Migration Rate
-0.36 migrant(s)/1,000 population (1996 est.)
0.46 migrant(s)/1,000 population (1995 est.)
Sex ratio
at birth:
1.07 male(s)/female
under 15 years:
1.06 male(s)/female
15-64 years:
1 male(s)/female
65 years and over:
0.85 male(s)/female
all ages:
1.02 male(s)/female (1996 est.)
Infant Mortality Rate
29.5 deaths/1,000 live births (1996 est.)
26.5 deaths/1,000 live births (1995 est.)
Life Expectancy at Birth
- Total population: 72.09 years (1996 est.), 73.31 years (1995 est.)
- Male: 69.11 years (1996 est.), 70.48 years (1995 est.)
- Female: 75.29 years (1996 est.), 76.29 years (1995 est.)
Total Fertility Rate
2.87 children born/woman (1996 est.)
2.97 children born/woman (1995 est.)
Nationality
- Noun: Venezuelan(s)
- Adjective: Venezuelan
Ethnic Divisions
- Mestizo 67%
- White 21%
- Black 10%
- Amerindian 2%
Religions
Languages
Spanish (official), native dialects spoken by about 200,000 Amerindians in the remote interior
Literacy
Age 15 and over that can read and write (1995 est.)
- Total population: 91.1%
- Male: 91.8%
- Female: 90.3%
Labor Force
7.6 million
By occupation:
- Services 63%
- Industry 25%
- Agriculture 12% (1993)
GOVERNMENT
Names
- Conventional long form: Republic of Venezuela
- Conventional short form: Venezuela
- Local long form: Republica de Venezuela
- Local short form: Venezuela
Digraph
VE
Type
Republic
Capital
Caracas
Administrative Divisions
21 states (estados, singular - estado), 1 territory* (territorio), 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, 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
23 January 1961
Legal System
Based on Napoleonic code; judicial review of legislative acts in Cassation Court only; has not accepted compulsory ICJ jurisdiction
Suffrage
18 years of age; universal
Executive Branch
- Chief of state and head of government: President Rafael CALDERA Rodriguez (since 2 February 1994); election last held 5 December 1993 (next to be held NA December 1998); results - Rafael CALDERA (National Convergence) 30.45%, Claudio FERMIN (AD) 23.59%, Oswaldo ALVAREZ PAZ (COPEI) 22.72%, Andres VELASQUEZ (Causa R) 21.94%, other 1.3%
- Cabinet: Council of Ministers; appointed by the president
Legislative Branch
Bicameral Congress of the Republic (Congreso de la Republica)
Senate (Senado)
Elections last held 5 December 1993 (next to be held NA December 1998); results - percent of vote by party NA; seats - (53 total) AD 18, COPEI 15, Causa R 9, MAS 5, National Convergence 6; note - 3 former presidents (2 from AD, 1 from COPEI) hold lifetime senate seats
Chamber of Deputies (Camara De Diputados)
Elections last held 5 December 1993 (next to be held NA December 1998); results - AD 27.9%, COPEI 26.9%, MAS 12.4%, National Convergence 12.9%, Causa R 19.9%; seats - (203 total) AD 55, COPEI 53, MAS 24, National Convergence 26, Causa R 40, other 5
Judicial Branch
Supreme Court of Justice (Corte Suprema de Justicia), magistrates are elected by both chambers in joint session
Political Parties and Leaders
National Convergence (Convergencia), Jose Miguel UZCATEGUI, president, Juan Jose CALDERA, national coordinator; Social Christian Party (COPEI), Luis HERRERA Campins, president, and Donald RAMIREZ, secretary general; Democratic Action (AD), Pedro PARIS Montesinos, president, and Luis ALFARO Ucero, secretary general; Movement Toward Socialism (MAS), Gustavo MARQUEZ, president, and Enrique OCHOA Antich, secretary general; Radical Cause (La Causa R), Pablo MEDINA, secretary general
Other Political or Pressure Groups
FEDECAMARAS, a conservative business group; Venezuelan Confederation of Workers (CTV, labor organization dominated by the Democratic Action); VECINOS groups
Member of
AG, BCIE, Caricom (observer), 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, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, MINURSO, NAM, OAS, OPANAL, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO
Anthem
Flag
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
Overview
The petroleum sector continues to dominate the economy, accounting for roughly 25% of GDP, 70% of total merchandise exports, and 45% of government revenue. According to preliminary Venezuelan government figures, real GDP grew 2.2% in 1995, largely on the strength of 6% growth in the petroleum sector. Nonoil private sector GDP registered only a 0.8% gain in 1995, however, reflecting difficult domestic operating conditions, including a virtual cutoff of foreign exchange disbursements in the fourth quarter; the government has used foreign exchange controls to conserve reserves since mid-1994. The CALDERA administration is currently negotiating with the IMF for a $3 billion stand-by agreement; it is unclear whether Caracas is willing to take the tough steps - including a substantial increase in gasoline prices - needed to seal a deal. Most private forecasters predict a difficult 1996, including flat or declining GDP, continued inflationary pressure, a tight foreign exchange situation, and potentially severe budget difficulties for the government.
National Product
GDP - purchasing power parity - $195.5 billion (1995 est.); $178.3 billion (1994 est.)
National Product Real Growth Rate
2.2% (1995 est.)
-3.3% (1994 est.)
National Product Per Capita
$9,300 (1995 est.)
$8,670 (1994 est.)
Inflation Rate (consumer Prices)
57% (1995 est.)
71% (1994 est.)
Unemployment Rate
11.7% (1995 est.)
9% (1994 est.)
Budget
- Revenues: $7.25 billion (1995 est.); $10.3 billion (1994 est.)
- Expenditures: $9.8 billion, including capital expenditures of $NA million (1995 est.); $14.6 billion, including capital expenditures of $103 million (1994 est.)
Exports
$18.3 billion (f.o.b., 1995)
$15.2 billion (f.o.b., 1994 est.)
Commodities:
- Petroleum 72%
- Bauxite and aluminum
- Steel
- Chemicals
- Agricultural products
- Basic manufactures
Partners:
Imports
$11.6 billion (f.o.b., 1995)
$7.6 billion (f.o.b., 1994 est.)
Commodities:
- Raw materials
- Machinery and equipment
- Transport equipment
- Construction materials
Partners:
External Debt
$40.1 billion (1994)
Industrial Production
Growth rate 0.5% (1995 est.); -1.4% (1993 est.); accounts for 41% of GDP
Electricity
- Capacity: 18,740,000 kW
- Production: 72 billion kWh
- Consumption per capita: 3,311 kWh (1993)
Industries
- Petroleum
- Iron-ore mining
- Construction materials
- Food processing
- Textiles
- Steel
- Aluminum
- Motor vehicle assembly
Agriculture
Accounts for 5% of GDP; products - corn, sorghum, sugarcane, rice, bananas, vegetables, coffee, beef, pork, milk, eggs, fish; not self-sufficient in food other than meat
Illicit Drugs
Illicit producer of cannabis, opium, and coca leaf for the international drug trade on a small scale; however, large quantities of cocaine and heroin transit the country from Colombia; important money-laundering hub; active aerial eradication program primarily targeting opium
Economic Aid
- Recipient: ODA, $46 million (1993); U.S. commitments, including Ex-Im (FY70-86), $488 million; Communist countries (1970-89), $10 million
Currency
1 bolivar (Bs) = 100 centimos
Bolivares (Bs) per US$1 - 288.690 (January 1996), 176.843 (1995), 148.503 (1994), 90.826 (1993), 68.376 (1992), 56.816 (1991), 46.90 (1990)
Fiscal Year
Calendar year
TRANSPORTATION
Railroads
- Total: 584 km (336 km single track; 248 km privately owned)
- Standard gauge: 584 km 1.435-m gauge
Highways
- Total: 93,472 km
- Paved: 29,954 km
- Unpaved: 63,518 km (1993 est.)
Inland Waterways
7,100 km; 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
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: 32 ships (1,000 GRT or over) totaling 612,645 GRT/1,090,707 DWT
- Ships by type: bulk 4, cargo 9, combination bulk 1, liquefied gas tanker 2, oil tanker 12, passenger-cargo 1, roll-on/roll-off cargo 2, short-sea passenger 1 (1995 est.)
Airports
- Total: 377
- With paved runways over 3,047 m: 5
- With paved runways 2,438 to 3,047 m: 10
- With paved runways 1,524 to 2,437 m: 34
- With paved runways 914 to 1,523 m: 59
- With paved runways under 914 m: 165
- With unpaved runways 1,524 to 2,438 m: 8
- With unpaved runways 914 to 1,523 m: 96 (1995 est.)
COMMUNICATIONS
Telephone System
1.44 million telephones (1987 est.); modern and expanding
- Local: NA
- Intercity: 3 domestic satellite earth stations
- International: 3 submarine coaxial cables; 1 INTELSAT (Atlantic Ocean) earth station
Radio
- Broadcast stations: AM 181, FM 0, shortwave 26
- Radios: 9.04 million (1992 est.)
Television
- Broadcast stations: 59
- Televisions: 3.3 million (1992 est.)
DEFENSE FORCES
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 Cooperation or Guardia Nacional)
Manpower Availability
Males age 15-49 5,856,391; males fit for military service 4,235,519; males reach military age (18) annually 236,084 (1996 est.)
Defense Expenditures
Exchange rate conversion - $902 million, 1.4% of GDP (1996); $1.95 billion, 4% of GDP (1991)
History
World Atlas