View Intelligence Dossier Back to 2006 CSV Excel Print All Years

Communications

Internet country code [time series]

.ve

Internet users (Internet hosts) [time series]

51,968 (2006)

Internet users [time series]

3.04 million (2005)

Broadcast media (Radio broadcast stations) [time series]

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

Telecommunication systems (Telephone system) [time series]

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

Telephones - fixed lines (Telephones - main lines in use) [time series]

3,605,500 (2005)

Telephones - mobile cellular [time series]

12.496 million (2005)

Broadcast media (Television broadcast stations) [time series]

66 (plus 45 repeaters) (1997)

Economy

Agricultural products (Agriculture - products) [time series]

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

Budget [time series]

revenues: $39.63 billion expenditures: $41.27 billion; including capital expenditures of $2.6 billion (2005 est.)

Exchange rates (Currency (code)) [time series]

bolivar (VEB)

Current account balance [time series]

$25.36 billion (2005 est.)

Debt - external [time series]

$41.51 billion (2005 est.)

Gini Index coefficient - distribution of family income (Distribution of family income - Gini index) [time series]

49.1 (1998)

Economic aid (Economic aid - recipient) [time series]

$74 million (2000)

Economic overview (Economy - overview) [time series]

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.

Electricity - consumption [time series]

81.32 billion kWh (2003)

Electricity - exports [time series]

0 kWh (2003)

Electricity - imports [time series]

0 kWh (2003)

Electricity - production [time series]

87.44 billion kWh (2003)

Exchange rates [time series]

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

Exports [time series]

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

Exports - commodities [time series]

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

Exports - partners [time series]

US 51.2%, Netherlands Antilles 7.3%, Canada 2.4% (2005)

Fiscal year [time series]

calendar year

GDP (official exchange rate) [time series]

$106.1 billion (2005 est.)

Real GDP (purchasing power parity) (GDP (purchasing power parity)) [time series]

$162.1 billion (2005 est.)

GDP - composition, by sector of origin (GDP - composition by sector) [time series]

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

Real GDP per capita (GDP - per capita (PPP)) [time series]

$6,400 (2005 est.)

Real GDP growth rate (GDP - real growth rate) [time series]

9.3% (2005 est.)

Household income or consumption by percentage share [time series]

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

Imports [time series]

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

Imports - commodities [time series]

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

Imports - partners [time series]

US 31.6%, Colombia 11%, Brazil 9.1%, Mexico 6.9% (2005)

Industrial production growth rate [time series]

7.2% (2005 est.)

Industries [time series]

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

Inflation rate (consumer prices) [time series]

16% (2005 est.)

Investment (gross fixed) [time series]

19% of GDP (2005 est.)

Labor force [time series]

12.31 million (2005 est.)

Labor force - by occupation [time series]

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

Natural gas - consumption [time series]

29.7 billion cu m (2003 est.)

Natural gas - exports [time series]

0 cu m (2004 est.)

Natural gas - imports [time series]

0 cu m (2004 est.)

Natural gas - production [time series]

29.7 billion cu m (2003 est.)

Natural gas - proved reserves [time series]

4.191 trillion cu m (2005)

Oil - consumption [time series]

530,000 bbl/day (2003 est.)

Oil - exports [time series]

2.1 million bbl/day (2004 est.)

Oil - imports [time series]

NA bbl/day

Oil - production [time series]

3.081 million bbl/day (2005 est.)

Oil - proved reserves [time series]

75.59 billion bbl (2005 est.)

Population below poverty line [time series]

47% (1998 est.)

Public debt [time series]

34.2% of GDP (2005 est.)

Reserves of foreign exchange and gold [time series]

$29.64 billion (2005 est.)

Unemployment rate [time series]

12.2% (2005 est.)

Geography

Area [time series]

total: 912,050 sq km land: 882,050 sq km water: 30,000 sq km

Area - comparative [time series]

slightly more than twice the size of California

Climate [time series]

tropical; hot, humid; more moderate in highlands

Coastline [time series]

2,800 km

Elevation (Elevation extremes) [time series]

lowest point: Caribbean Sea 0 m highest point: Pico Bolivar (La Columna) 5,007 m

Environment - current issues [time series]

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

International environmental agreements (Environment - international agreements) [time series]

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

Geographic coordinates [time series]

8 00 N, 66 00 W

Geography - note [time series]

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

Irrigated land [time series]

5,750 sq km (2003)

Land boundaries [time series]

total: 4,993 km border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km

Land use [time series]

arable land: 2.85% permanent crops: 0.88% other: 96.27% (2005)

Location [time series]

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

Map references [time series]

South America

Maritime claims [time series]

territorial sea: 12 nm contiguous zone: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation

Natural hazards [time series]

subject to floods, rockslides, mudslides; periodic droughts

Natural resources [time series]

petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds

Terrain [time series]

Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast

Government

Administrative divisions [time series]

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

Capital [time series]

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

Constitution [time series]

30 December 1999

Country name [time series]

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

Diplomatic representation from the US [time series]

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

Diplomatic representation in the US [time series]

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)

Executive branch [time series]

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%

Flag (Flag description) [time series]

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

Government type [time series]

federal republic

Independence [time series]

5 July 1811 (from Spain)

International organization participation [time series]

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

Judicial branch [time series]

Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term)

Legal system [time series]

open, adversarial court system

Legislative branch [time series]

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

National holiday [time series]

Independence Day, 5 July (1811)

Political parties (Political parties and leaders) [time series]

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 parties (Political pressure groups and leaders) [time series]

FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action)

Suffrage [time series]

18 years of age; universal

Introduction

Background [time series]

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.

Military

Manpower available for military service [time series]

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

Manpower fit for military service [time series]

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

Manpower reaching military service age annually [time series]

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

Military and security forces (Military branches) [time series]

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 expenditures (Military expenditures - percent of GDP) [time series]

1.2% (2005 est.)

Military service age and obligation [time series]

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

People

Age structure [time series]

0-14 years: 29.1% (male 3,860,116/female 3,620,440) 15-64 years: 65.7% (male 8,494,944/female 8,410,874) 65 years and over: 5.2% (male 609,101/female 734,960) (2006 est.)

Birth rate [time series]

18.71 births/1,000 population (2006 est.)

Death rate [time series]

4.92 deaths/1,000 population (2006 est.)

Ethnic groups [time series]

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

HIV/AIDS - adult prevalence rate [time series]

0.7% - note - no country specific models provided (2001 est.)

HIV/AIDS - deaths [time series]

4,100 (2003 est.)

HIV/AIDS - people living with HIV/AIDS [time series]

110,000 (1999 est.)

Infant mortality rate [time series]

total: 21.54 deaths/1,000 live births male: 24.58 deaths/1,000 live births female: 18.27 deaths/1,000 live births (2006 est.)

Languages [time series]

Spanish (official), numerous indigenous dialects

Life expectancy at birth [time series]

total population: 74.54 years male: 71.49 years female: 77.81 years (2006 est.)

Literacy [time series]

definition: age 15 and over can read and write total population: 93.4% male: 93.8% female: 93.1% (2003 est.)

Median age [time series]

total: 26 years male: 25.4 years female: 26.6 years (2006 est.)

Nationality [time series]

noun: Venezuelan(s) adjective: Venezuelan

Net migration rate [time series]

0 migrant(s)/1,000 population (2006 est.)

Population [time series]

25,730,435 (July 2006 est.)

Population growth rate [time series]

1.38% (2006 est.)

Religions [time series]

nominally Roman Catholic 96%, Protestant 2%, other 2%

Sex ratio [time series]

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 [time series]

2.23 children born/woman (2006 est.)

Transnational Issues

Disputes - international [time series]

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

Illicit drugs [time series]

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

Trafficking in persons [time series]

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

Transportation

Airports [time series]

375 (2006)

Airports - with paved runways [time series]

total: 129 over 3,047 m: 5 2,438 to 3,047 m: 11 1,524 to 2,437 m: 34 914 to 1,523 m: 60 under 914 m: 19 (2006)

Airports - with unpaved runways [time series]

total: 246 1,524 to 2,437 m: 9 914 to 1,523 m: 90 under 914 m: 147 (2006)

Heliports [time series]

1 (2006)

Merchant marine [time series]

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)

Pipelines [time series]

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

Ports (Ports and terminals) [time series]

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

Railways [time series]

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

Roadways [time series]

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

Waterways [time series]

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