ARCHIVE // VE // 2014
Venezuela
2014 Edition — sovereign
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Communications
Broadcast media
[time series]
government supervises a mixture of state-run and private broadcast media; 13 public service networks, 61 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 roughly 65 news stations and another 30 stations targeted at specific audiences; state-sponsored community broadcasters include 235 radio stations and 44 TV stations; the number of private broadcast radio stations has been declining, but many still remain in operation (2014)
Internet country code
[time series]
.ve
Internet users
(Internet hosts)
[time series]
1.016 million (2012) country comparison to the world: 46
Internet users
[time series]
8.918 million (2009) country comparison to the world: 32
Telecommunication systems
(Telephone system)
[time series]
general assessment: modern and expanding domestic: 2 domestic satellite systems 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 Cuba and 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 (2013)
Telephones - fixed lines
(Telephones - main lines in use)
[time series]
7.65 million (2012) country comparison to the world: 24
Telephones - mobile cellular
[time series]
30.52 million (2012) country comparison to the world: 34
Economy
Agricultural products
(Agriculture - products)
[time series]
corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Budget
[time series]
revenues: $103.4 billion expenditures: $139.4 billion (2013 est.)
Budget surplus (+) or deficit (-)
[time series]
-9.8% of GDP (2013 est.) country comparison to the world: 205
Central bank discount rate
[time series]
29.5% (31 December 2010) country comparison to the world: 3 29.5% (31 December 2009)
Commercial bank prime lending rate
[time series]
18% (31 December 2013 est.) country comparison to the world: 32 16.38% (31 December 2012 est.)
Current account balance
[time series]
$3.195 billion (2013 est.) country comparison to the world: 34 $11.02 billion (2012 est.)
Debt - external
[time series]
$74.87 billion (31 December 2013 est.) country comparison to the world: 53 $75.75 billion (31 December 2012 est.)
Gini Index coefficient - distribution of family income
(Distribution of family income - Gini index)
[time series]
39 (2011) country comparison to the world: 67 49.5 (1998)
Economic overview
(Economy - overview)
[time series]
Venezuela remains highly dependent on oil revenues, which account for roughly 96% of export earnings, about 45% of budget revenues, and around 12% of GDP. Fueled by high oil prices, pre-election government spending helped spur GDP growth in 2012 to 5.6%. 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 20% in 2012 and rising to more than 56% in 2013. Former 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 hurt the private investment environment, reduced productive capacity, and slowed non-petroleum exports. In 2013, Venezuela continued to wrestle with housing and electricity crises, and rolling food and goods shortages, resulting from the government's unorthodox economic policies. The budget deficit for the public sector reached 17% of GDP in 2012 and was trimmed to under 10% of GDP in 2013. The Venezuelan government has maintained a regime of strict currency exchange controls since 2003. Venezuelan law now sanctions a three-tiered exchange rate system, with rates based on the government's import priorities.
Exchange rates
[time series]
bolivars (VEB) per US dollar - 6.048 (2013 est.) 4.289 (2012 est.) 2.5821 (2010 est.) 2.147 (2009) 2.147 (2008)
Exports
[time series]
$91.78 billion (2013 est.) country comparison to the world: 41 $97.34 billion (2012 est.)
Exports - commodities
[time series]
petroleum and petroleum products, bauxite and aluminum, minerals, chemicals, agricultural products
Exports - partners
[time series]
US 39.1%, China 14.3%, India 12%, Netherlands Antilles 7.8%, Cuba 4.6% (2012)
Fiscal year
[time series]
calendar year
GDP (official exchange rate)
[time series]
$367.5 billion (2013 est.)
Real GDP (purchasing power parity)
(GDP (purchasing power parity))
[time series]
$407.4 billion (2013 est.) country comparison to the world: 34 $403.3 billion (2012 est.) $381.9 billion (2011 est.) note: data are in 2013 US dollars
GDP - composition, by end use
[time series]
household consumption: 62.3% government consumption: 13.2% investment in fixed capital: 17.3% investment in inventories: 5.7% exports of goods and services: 25% imports of goods and services: -23.5% (2013 est.)
GDP - composition, by sector of origin
[time series]
agriculture: 3.7% industry: 35.5% services: 60.8% (2013 est.)
Real GDP per capita
(GDP - per capita (PPP))
[time series]
$13,600 (2013 est.) country comparison to the world: 99 $13,700 (2012 est.) $13,100 (2011 est.) note: data are in 2013 US dollars
Real GDP growth rate
(GDP - real growth rate)
[time series]
1.6% (2013 est.) country comparison to the world: 159 5.6% (2012 est.) 4.2% (2011 est.)
Gross national saving
[time series]
23.8% of GDP (2013 est.) country comparison to the world: 58 28.9% of GDP (2012 est.) 30.8% of GDP (2011 est.)
Household income or consumption by percentage share
[time series]
lowest 10%: 1.7% highest 10%: 32.7% (2006)
Imports
[time series]
$59.32 billion (2013 est.) country comparison to the world: 49 $59.31 billion (2012 est.)
Imports - commodities
[time series]
agricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, petroleum products, pharmaceuticals, chemicals, iron and steel products
Imports - partners
[time series]
US 31.7%, China 16.8%, Brazil 9.1%, Colombia 4.8% (2012)
Industrial production growth rate
[time series]
1% (2013 est.) country comparison to the world: 150
Industries
[time series]
agricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, pharmaceuticals, chemicals, iron and steel products, crude oil and petroleum products
Inflation rate (consumer prices)
[time series]
56.2% (2013 est.) country comparison to the world: 222 21.1% (2012 est.)
Labor force
[time series]
14.01 million (2013 est.) country comparison to the world: 40
Labor force - by occupation
[time series]
agriculture: 7.3% industry: 21.8% services: 70.9% (4th quarter, 2011)
Market value of publicly traded shares
[time series]
$25.3 billion (31 December 2012 est.) country comparison to the world: 78 $5.143 billion (31 December 2011) $3.991 billion (31 December 2011 est.)
Population below poverty line
[time series]
31.6% (2011 est.)
Public debt
[time series]
34.2% of GDP (2013 est.) country comparison to the world: 109 26.8% of GDP (2012 est.) 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
Reserves of foreign exchange and gold
[time series]
$21.15 billion (31 December 2013 est.) country comparison to the world: 58 $29.89 billion (31 December 2012 est.)
Stock of broad money
[time series]
$185.6 billion (31 December 2013 est.) country comparison to the world: 39 $166.7 billion (31 December 2012 est.)
Stock of direct foreign investment - abroad
[time series]
$21.94 billion (31 December 2013 est.) country comparison to the world: 46 $21.25 billion (31 December 2012 est.)
Stock of direct foreign investment - at home
[time series]
$49.9 billion (31 December 2013 est.) country comparison to the world: 55 $47.4 billion (31 December 2012 est.)
Stock of domestic credit
[time series]
$176.7 billion (31 December 2013 est.) country comparison to the world: 42 $160.1 billion (31 December 2012 est.)
Stock of narrow money
[time series]
$181.4 billion (31 December 2013 est.) country comparison to the world: 22 $162.7 billion (31 December 2012 est.)
Taxes and other revenues
[time series]
28.1% of GDP (2013 est.) country comparison to the world: 105
Unemployment rate
[time series]
7.9% (2013 est.) country comparison to the world: 84 7.8% (2012 est.)
Energy
Carbon dioxide emissions
(Carbon dioxide emissions from consumption of energy)
[time series]
182.7 million Mt (2011 est.)
Crude oil - exports
[time series]
1.645 million bbl/day (2010 est.) country comparison to the world: 8
Crude oil - imports
[time series]
0 bbl/day (2010 est.) country comparison to the world: 137
Crude oil - production
[time series]
2.489 million bbl/day (2012 est.) country comparison to the world: 13
Crude oil - proved reserves
[time series]
297.6 billion bbl (1 January 2013 est.) country comparison to the world: 1
Electricity - consumption
[time series]
85.05 billion kWh (2011 est.) country comparison to the world: 35
Electricity - exports
[time series]
626 million kWh (2010 est.) country comparison to the world: 64
Electricity - from fossil fuels
[time series]
35.7% of total installed capacity (2012 est.) country comparison to the world: 173
Electricity - from hydroelectric plants
[time series]
64.3% of total installed capacity (2012 est.) country comparison to the world: 30
Electricity - from nuclear fuels
[time series]
0% of total installed capacity (2012 est.) country comparison to the world: 199
Electricity - from other renewable sources
[time series]
0% of total installed capacity (2012 est.) country comparison to the world: 136
Electricity - imports
[time series]
0 kWh (2010 est.) country comparison to the world: 212
Electricity - installed generating capacity
[time series]
27.5 million kW (2012 est.) country comparison to the world: 30
Electricity - production
[time series]
127.6 billion kWh (2012 est.) country comparison to the world: 28
Natural gas - consumption
[time series]
27.11 billion cu m (2010 est.) country comparison to the world: 30
Natural gas - exports
[time series]
0 cu m (2011 est.) country comparison to the world: 202
Natural gas - imports
[time series]
2.11 billion cu m (2011 est.) country comparison to the world: 46
Natural gas - production
[time series]
25.28 billion cu m (2012 est.) country comparison to the world: 30
Natural gas - proved reserves
[time series]
5.524 trillion cu m (1 January 2013 est.) country comparison to the world: 8
Refined petroleum products - consumption
[time series]
571,000 bbl/day (2011 est.) country comparison to the world: 32
Refined petroleum products - exports
[time series]
638,000 bbl/day (2010 est.) country comparison to the world: 11
Refined petroleum products - imports
[time series]
16,660 bbl/day (2011 est.) country comparison to the world: 111
Refined petroleum products - production
[time series]
1.11 million bbl/day (2010 est.) country comparison to the world: 19
Geography
Area
[time series]
total: 912,050 sq km country comparison to the world: 33 land: 882,050 sq km water: 30,000 sq km
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 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
Total water withdrawal
(Freshwater withdrawal (domestic/industrial/agricultural))
[time series]
total: 9.06 cu km/yr (23%/4%/74%) per capita: 358.6 cu m/yr (2008)
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]
10,550 sq km (2008)
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: 0.71% other: 96.44% (2011)
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
Total renewable water resources
[time series]
1,233 cu km (2011)
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 (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
Capital
[time series]
name: Caracas geographic coordinates: 10 29 N, 66 52 W time difference: UTC-4.5 (a half hour ahead of Washington, DC, during Standard Time)
Constitution
[time series]
many previous; latest adopted 15 December 1999, effective 30 December 1999; amended 2009 (2013)
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 (vacant); Charge d'Affaires Philip G. LAIDLAW 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
Diplomatic representation in the US
[time series]
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, New Orleans, New York, San Francisco, San Juan (Puerto Rico)
Executive branch
[time series]
chief of state: President Nicolas MADURO Moros (since 19 April 2013); Executive Vice President Jorge Alberto ARREAZA Montserrat (since 19 April 2013); note - the president is both chief of state and head of government; former Executive Vice President Nicolas MADURO Moros assumed presidential responsibilities after the death of President Hugo CHAVEZ Frias on 5 March 2013 and became Acting President while preparations for elections took place. He won a national election on 14 April 2013 and started a six-year term head of government: President Nicolas MADURO Moros (since 19 April 2013); Executive Vice President Jorge Alberto ARREAZA Montserrat (since 19 April 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 late 2018 or early 2019 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 50.61%, Henrique CAPRILES Radonski 49.12%, other 0.24%
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; 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, then 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
Government type
[time series]
federal republic
Independence
[time series]
5 July 1811 (from Spain)
International law organization participation
[time series]
has not submitted an ICJ jurisdiction declaration; state party to the ICCT
International organization participation
[time series]
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
Judicial branch
[time series]
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
Legal system
[time series]
civil law system based on the Spanish civil code
Legislative branch
[time series]
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
National anthem(s)
(National anthem)
[time series]
name: "Gloria al bravo pueblo" (Glory to the Brave People)
National holiday
[time series]
Independence Day, 5 July (1811)
National symbol(s)
[time series]
troupial (bird)
Political parties
(Political parties and leaders)
[time series]
A New Time or UNT [Omar BARBOZA] Brave People's Alliance or ABP [Antonio LEDEZMA] Christian Democrats or COPEI [Roberto ENRIQUEZ] Coalition of opposition parties -- The Democratic Unity Table or MUD [Ramon Guillermo AVELEDO] 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 or PJ [Julio BORGES] Movement Toward Socialism or MAS [Nicolas SOSA] Popular Will or VP [Leopoldo LOPEZ] Progressive Wave or AP [Henri FALCON] The Radical Cause [Daniel SANTOLO] United Socialist Party of Venezuela or PSUV [Nicolas MADURO] Venezuelan Progressive Movement or MPV [Simon CALZADILLA] Venezuela Project or PV [Henrique SALAS ROMER]
Political parties
(Political pressure groups and leaders)
[time series]
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
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 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. His hand-picked successor, President Nicolas MADURO, continues CHAVEZ's socialist programs. 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, foreign exchange controls that discourage private-sector investment, high inflation, a decline in the quality of fundamental houman rights, and widespread scarcity of consumer goods.
Military
Manpower available for military service
[time series]
males age 16-49: 7,013,854 females age 16-49: 7,165,661 (2010 est.)
Manpower fit for military service
[time series]
males age 16-49: 5,614,743 females age 16-49: 6,074,834 (2010 est.)
Manpower reaching militarily significant age annually
[time series]
male: 277,210 female: 273,353 (2010 est.)
Military and security forces
(Military branches)
[time series]
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 expenditures
[time series]
1.05% of GDP (2012) country comparison to the world: 98 0.75% of GDP (2011) 1.05% of GDP (2010)
Military service age and obligation
[time series]
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)
People and Society
Age structure
[time series]
0-14 years: 28.2% (male 4,143,840/female 3,985,489) 15-24 years: 18.8% (male 2,723,856/female 2,697,672) 25-54 years: 39.6% (male 5,614,922/female 5,818,903) 55-64 years: 7.5% (male 1,030,898/female 1,137,894) 65 years and over: 5.8% (male 755,183/female 959,829) (2014 est.)
Birth rate
[time series]
19.42 births/1,000 population (2014 est.) country comparison to the world: 90
Child labor - children ages 5-14
[time series]
total number: 404,092 percentage: 8 % (2000 est.)
Children under the age of 5 years underweight
[time series]
2.9% (2009) country comparison to the world: 114
Death rate
[time series]
5.27 deaths/1,000 population (2014 est.) country comparison to the world: 181
Demographic profile
[time series]
Social investment in Venezuela during the CHAVEZ administration reduced poverty from nearly 50 % in 1999 to about 27 % in 2011, increased school enrollment, substantially decreased infant and child mortality, and improved access to potable water and sanitation through social investment. "Missions" dedicated to education, nutrition, healthcare, and sanitation were funded through petroleum revenues. The sustainability of this progress remains questionable, however, as the continuation of these social programs depends on the prosperity of Venezuela's oil industry. In the long-term, education and health care spending may increase economic growth and reduce income inequality, but rising costs and the staffing of new health care jobs with foreigners are slowing development. Since CHAVEZ came to power in 1999, more than one 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 health care. Venezuela also has been a fairly accommodating host to more than 200,000 Colombian refugees.
Dependency ratios
[time series]
total dependency ratio: 52.9 % youth dependency ratio: 43.2 % elderly dependency ratio: 9.8 % potential support ratio: 10.2 (2014 est.)
Drinking water source
[time series]
improved: urban: 94.3% of population rural: 75.3% of population total: 92.9% of population unimproved: urban: 5.7% of population rural: 24.7% of population total: 7.1% of population (2007 est.)
Education expenditure
(Education expenditures)
[time series]
6.9% of GDP (2009) country comparison to the world: 22
Ethnic groups
[time series]
Spanish, Italian, Portuguese, Arab, German, African, indigenous people
HIV/AIDS - adult prevalence rate
[time series]
0.6% (2012 est.) country comparison to the world: 65
HIV/AIDS - deaths
[time series]
3,800 (2012 est.) country comparison to the world: 46
HIV/AIDS - people living with HIV/AIDS
[time series]
107,900 (2012 est.) country comparison to the world: 43
Health expenditure
(Health expenditures)
[time series]
5.2% of GDP (2011) country comparison to the world: 138
Hospital bed density
[time series]
0.9 beds/1,000 population (2011)
Infant mortality rate
[time series]
total: 19.33 deaths/1,000 live births country comparison to the world: 93 male: 22.73 deaths/1,000 live births female: 15.75 deaths/1,000 live births (2014 est.)
Languages
[time series]
Spanish (official), numerous indigenous dialects
Life expectancy at birth
[time series]
total population: 74.39 years country comparison to the world: 111 male: 71.26 years female: 77.67 years (2014 est.)
Literacy
[time series]
definition: age 15 and over can read and write total population: 95.5% male: 95.7% female: 95.4% (2009 est.)
Major infectious diseases
[time series]
degree of risk: high food or waterborne diseases: bacterial diarrhea and hepatitis A vectorborne diseases: dengue fever and malaria (2013)
Major urban areas - population
[time series]
CARACAS (capital) 3.242 million; Maracaibo 2.31 million; Valencia 1.866 million; Barquisimeto 1.245 million; Maracay 1.115 million; Ciudad Guayana 799,000 (2011)
Maternal mortality ratio
(Maternal mortality rate)
[time series]
92 deaths/100,000 live births (2010) country comparison to the world: 79
Median age
[time series]
total: 26.9 years male: 26.1 years female: 27.6 years (2014 est.)
Nationality
[time series]
noun: Venezuelan(s) adjective: Venezuelan
Net migration rate
[time series]
0 migrant(s)/1,000 population (2014 est.) country comparison to the world: 83
Obesity - adult prevalence rate
[time series]
30.3% (2008) country comparison to the world: 26
Physician density
(Physicians density)
[time series]
1.94 physicians/1,000 population (2001)
Population
[time series]
28,868,486 (July 2014 est.) country comparison to the world: 46
Population growth rate
[time series]
1.42% (2014 est.) country comparison to the world: 86
Religions
[time series]
nominally Roman Catholic 96%, Protestant 2%, other 2%
Sanitation facility access
[time series]
improved: urban: 93.6% of population rural: 56.9% of population total: 90.9% of population unimproved: urban: 6.4% of population rural: 43.1% of population total: 9.1% of population (2007 est.)
School life expectancy (primary to tertiary education)
[time series]
total: 14 years 13 years 15 years (2008)
Sex ratio
[time series]
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: 0.97 male(s)/female 55-64 years: 0.98 male(s)/female 65 years and over: 0.79 male(s)/female total population: 0.98 male(s)/female (2014 est.)
Total fertility rate
[time series]
2.35 children born/woman (2014 est.) country comparison to the world: 90
Youth unemployment rate (ages 15-24)
(Unemployment, youth ages 15-24)
[time series]
total: 17.1% country comparison to the world: 75 male: 14.3% female: 22.6% (2012)
Urbanization
[time series]
urban population: 93.5% of total population (2011) rate of urbanization: 1.7% annual rate of change (2010-15 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 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; 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
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
Refugees and internally displaced persons
[time series]
refugees (country of origin): 204,259 (Colombia) (2013)
Trafficking in persons
[time series]
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)
Transportation
Airports
[time series]
444 (2013) country comparison to the world: 19
Airports - with paved runways
[time series]
total: 127 over 3,047 m: 6 2,438 to 3,047 m: 9 1,524 to 2,437 m: 33 914 to 1,523 m: 62 under 914 m: 17 (2013)
Airports - with unpaved runways
[time series]
total: 317 2,438 to 3,047 m: 3 1,524 to 2,437 m: 57 914 to 1,523 m: 127 under 914 m: 130 (2013)
Heliports
[time series]
3 (2013)
Merchant marine
[time series]
total: 53 country comparison to the world: 69 by type: bulk carrier 4, cargo 12, chemical tanker 1, liquefied gas 5, passenger 1, passenger/cargo 14, petroleum tanker 16 foreign-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)
Pipelines
[time series]
extra heavy crude 981 km; gas 5,941 km; oil 7,588 km; refined products 1,778 km (2013)
Ports
(Ports and terminals)
[time series]
major seaport(s): La Guaira, Maracaibo, Puerto Cabello, Punta Cardon oil terminals: Jose terminal
Railways
[time series]
total: 806 km country comparison to the world: 98 standard gauge: 806 km 1.435-m gauge (41 km electrified) (2008)
Roadways
[time series]
total: 96,155 km country comparison to the world: 48 paved: 32,308 km unpaved: 63,847 km (2002)
Transportation - note
[time series]
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
Waterways
[time series]
7,100 km (the Orinoco River (400 km) and Lake de Maracaibo are navigable by oceangoing vessels) (2011) country comparison to the world: 21