ARCHIVE // VE // 2021
Venezuela
2021 Edition — sovereign
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Communications
Broadband - fixed subscriptions
[time series]
total: 2,407,187 (2020) subscriptions per 100 inhabitants: 8.47 (2020 est.)
Broadcast media
[time series]
Venezuela has a mixture of state-run and private broadcast media that are subject to high levels of government control, including the shuttering of opposition-leaning media outlets; 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; 3 state-run radio networks officially control 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 (2021)
Internet country code
[time series]
.ve
Internet users
[time series]
total: 20.57 million (2021 est.) percent of population: 72% (2019 est.)
Telecommunication systems
[time series]
general assessment: telecom industry struggling due to political upheaval in the country; poor quality of service in many areas of the country due to decrepit state of fixed-line network and operators inability to pay for equipment from foreign vendors; operator suffering from stolen or damaged infrastructure; many consumers favor mobile service, and cancel their fixed-line services; popularity of social networks caused growth in mobile data traffic; LTE coverage to about half of the population; government launched National Fiber Optic backbone project in 2019; national satellite drifted off course and became non-operational; American company closed a telecom service due to US sanctions and a Chilean company later acquired the service; Internet freedom deteriorating amid crisis, with frequent disruptions to service and monitoring; importer of broadcasting equipment from the USA (2020) domestic: two domestic satellite systems with three earth stations; recent substantial improvement in telephone service in rural areas; 3 major providers operate in the mobile market and compete with state-owned company; fixed-line 19 per 100 and mobile-cellular telephone subscribership about 58 per 100 persons (2019) international: country code - 58; landing points for the Venezuela Festoon, ARCOS, PAN-AM, SAC, GlobeNet, ALBA-1 and Americas II submarine cable system providing connectivity to the Caribbean, Central and South America, and US; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat (2020) note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced downturn, particularly in mobile device production; many network operators delayed upgrades to infrastructure; progress towards 5G implementation was postponed or slowed in some countries; consumer spending on telecom services and devices was affected by large-scale job losses and the consequent restriction on disposable incomes; the crucial nature of telecom services as a tool for work and school from home became evident, and received some support from governments
Telephones - fixed lines
[time series]
total subscriptions: 5,276,274 (2020) subscriptions per 100 inhabitants: 18.55 (2020 est.)
Telephones - mobile cellular
[time series]
total subscriptions: 18,028,388 (2020) subscriptions per 100 inhabitants: 63.4 (2020 est.)
Economy
Agricultural products
[time series]
sugar cane, maize, milk, rice, plantains, bananas, pineapples, potatoes, beef, poultry
Budget
[time series]
revenues: 92.8 billion (2017 est.) expenditures: 189.7 billion (2017 est.)
Budget surplus (+) or deficit (-)
[time series]
-46.1% (of GDP) (2017 est.)
Credit ratings
[time series]
Fitch rating: RD (2017) Moody's rating: WR (2019) Standard & Poors rating: SD (2017)
Current account balance
[time series]
$4.277 billion (2017 est.) -$3.87 billion (2016 est.)
Debt - external
[time series]
$100.3 billion (31 December 2017 est.) $109.8 billion (31 December 2016 est.)
Economic overview
[time series]
Venezuela remains highly dependent on oil revenues, which account for almost all export earnings and nearly half of the government’s revenue, despite a continued decline in oil production in 2017. In the absence of official statistics, foreign experts estimate that GDP contracted 12% in 2017, inflation exceeded 2000%, people faced widespread shortages of consumer goods and medicine, and the central bank's international reserves dwindled. In late 2017, Venezuela also entered selective default on some of its sovereign and state oil company, Petroleos de Venezuela, S.A., (PDVSA) bonds. Domestic production and industry continues to severely underperform and the Venezuelan Government continues to rely on imports to meet its basic food and consumer goods needs. Falling oil prices since 2014 have aggravated Venezuela’s economic crisis. Insufficient access to dollars, price controls, and rigid labor regulations have led some US and multinational firms to reduce or shut down their Venezuelan operations. Market uncertainty and PDVSA’s poor cash flow have slowed investment in the petroleum sector, resulting in a decline in oil production. Under President Nicolas MADURO, the Venezuelan Government’s response to the economic crisis has been to increase state control over the economy and blame the private sector for shortages. MADURO has given authority for the production and distribution of basic goods to the military and to local socialist party member committees. The Venezuelan Government has maintained strict currency controls since 2003. The government has been unable to sustain its mechanisms for distributing dollars to the private sector, in part because it needed to withhold some foreign exchange reserves to make its foreign bond payments. As a result of price and currency controls, local industries have struggled to purchase production inputs necessary to maintain their operations or sell goods at a profit on the local market. Expansionary monetary policies and currency controls have created opportunities for arbitrage and corruption and fueled a rapid increase in black market activity.
Exchange rates
[time series]
bolivars (VEB) per US dollar - 3,345 (2017 est.) 673.76 (2016 est.) 48.07 (2015 est.) 13.72 (2014 est.) 6.284 (2013 est.)
Exports
[time series]
$83.401 billion (2018 est.) $93.485 billion (2017 est.)
Exports - commodities
[time series]
crude petroleum, refined petroleum, industrial alcohols, gold, iron (2019)
Exports - partners
[time series]
India 34%, China 28%, United States 12%, Spain 6% (2019)
Fiscal year
[time series]
calendar year
GDP (official exchange rate)
[time series]
$210.1 billion (2017 est.)
GDP - composition, by end use
[time series]
household consumption: 68.5% (2017 est.) government consumption: 19.6% (2017 est.) investment in fixed capital: 13.9% (2017 est.) investment in inventories: 1.7% (2017 est.) exports of goods and services: 7% (2017 est.) imports of goods and services: -10.7% (2017 est.)
GDP - composition, by sector of origin
[time series]
agriculture: 4.7% (2017 est.) industry: 40.4% (2017 est.) services: 54.9% (2017 est.)
Gini Index coefficient - distribution of family income
[time series]
39 (2011) 49.5 (1998)
Household income or consumption by percentage share
[time series]
lowest 10%: 1.7% highest 10%: 32.7% (2006)
Imports
[time series]
$18.432 billion (2018 est.) $18.376 billion (2017 est.)
Imports - commodities
[time series]
refined petroleum, rice, corn, tires, soybean meal, wheat (2019)
Imports - partners
[time series]
China 28%, United States 22%, Brazil 8%, Spain 6%, Mexico 6% (2019)
Industrial production growth rate
[time series]
-2% (2017 est.)
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]
146,101.7% (2019 est.) 45,518.1% (2018 est.) 416.8% (2017 est.)
Labor force
[time series]
14.21 million (2017 est.)
Labor force - by occupation
[time series]
agriculture: 7.3% industry: 21.8% services: 70.9% (4th quarter, 2011 est.)
Population below poverty line
[time series]
33.1% (2015 est.)
Public debt
[time series]
38.9% of GDP (2017 est.) 31.3% of GDP (2016 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 intragovernmental debt; intragovernmental 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
Real GDP (purchasing power parity)
[time series]
$269.068 billion (2018 est.) $381.6 billion (2017 est.) $334.751 billion (2017 est.) note: data are in 2017 dollars
Real GDP growth rate
[time series]
-19.67% (2018 est.) -14% (2017 est.) -15.76% (2017 est.)
Real GDP per capita
[time series]
$7,704 (2018 est.) $12,500 (2017 est.) $9,417 (2017 est.) note: data are in 2017 dollars
Reserves of foreign exchange and gold
[time series]
$9.661 billion (31 December 2017 est.) $11 billion (31 December 2016 est.)
Taxes and other revenues
[time series]
44.2% (of GDP) (2017 est.)
Unemployment rate
[time series]
6.9% (2018 est.) 27.1% (2017 est.)
Youth unemployment rate (ages 15-24)
(Unemployment, youth ages 15-24)
[time series]
total: 12.1% male: 10.5% NA female: 14.9% NA (2017 est.)
Energy
Crude oil - exports
[time series]
1.656 million bbl/day (2015 est.)
Crude oil - imports
[time series]
0 bbl/day (2015 est.)
Crude oil - production
[time series]
1.484 million bbl/day (2018 est.)
Crude oil - proved reserves
[time series]
302.3 billion bbl (1 January 2018 est.)
Electricity - consumption
[time series]
71.96 billion kWh (2016 est.)
Electricity - exports
[time series]
0 kWh (2015 est.)
Electricity - from fossil fuels
[time series]
51% of total installed capacity (2016 est.)
Electricity - from hydroelectric plants
[time series]
49% of total installed capacity (2017 est.)
Electricity - from nuclear fuels
[time series]
0% of total installed capacity (2017 est.)
Electricity - from other renewable sources
[time series]
0% of total installed capacity (2017 est.)
Electricity - imports
[time series]
0 kWh (2016 est.)
Electricity - installed generating capacity
[time series]
31 million kW (2016 est.)
Electricity - production
[time series]
109.3 billion kWh (2016 est.)
Electricity access
[time series]
electrification - total population: 99.6% (2019) electrification - urban areas: 100% (2019) electrification - rural areas: 99% (2019)
Natural gas - consumption
[time series]
24.21 billion cu m (2017 est.)
Natural gas - exports
[time series]
0 cu m (2017 est.)
Natural gas - imports
[time series]
0 cu m (2017 est.)
Natural gas - production
[time series]
27.07 billion cu m (2017 est.)
Natural gas - proved reserves
[time series]
5.739 trillion cu m (1 January 2018 est.)
Refined petroleum products - consumption
[time series]
659,000 bbl/day (2016 est.)
Refined petroleum products - exports
[time series]
325,800 bbl/day (2015 est.)
Refined petroleum products - imports
[time series]
20,640 bbl/day (2015 est.)
Refined petroleum products - production
[time series]
926,300 bbl/day (2015 est.)
Environment
Air pollutants
[time series]
particulate matter emissions: 15.82 micrograms per cubic meter (2016 est.) carbon dioxide emissions: 164.18 megatons (2016 est.) methane emissions: 68.66 megatons (2020 est.)
Climate
[time series]
tropical; hot, humid; more moderate in highlands
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-Environmental Protection, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands signed, but not ratified: none of the selected agreements
Food insecurity
[time series]
widespread lack of access: due to severe economic crisis - the total number of refugees and migrants from the country is estimated at 5.4 million, with the largest populations located in Colombia, Peru, and Chile; humanitarian needs for refugees and migrants are significant; the national economy, highly dependent on oil production and exports, is forecast to contract in 2021 for the eighth consecutive year; with the persistent negative effects of the COVID‑19 pandemic that have compounded the already severe macro‑economic crisis, the access to food of the most vulnerable households is expected to deteriorate throughout 2021 due to widespread losses of income‑generating activities and soaring food prices (2021)
Land use
[time series]
agricultural land: 24.5% (2018 est.) arable land: 3.1% (2018 est.) permanent crops: 0.8% (2018 est.) permanent pasture: 20.6% (2018 est.) forest: 52.1% (2018 est.) other: 23.4% (2018 est.)
Major infectious diseases
[time series]
degree of risk: high (2020) food or waterborne diseases: bacterial diarrhea and hepatitis A vectorborne diseases: dengue fever and malaria Note: as of 1 March 2021, the Centers for Disease Control and Prevention recommends that travelers avoid all nonessential travel to Venezuela; the country is experiencing outbreaks of infectious diseases, and adequate health care is currently not available in most of the country
Major lakes (area sq km)
[time series]
Salt water lake(s): Lago de Maracaibo - 13,010 sq km
Major rivers (by length in km)
[time series]
Rio Negro (shared with Colombia [s] and Brazil [m]) - 2,250 km; Orinoco river source and mouth (shared with Colombia) - 2,101 km note [s] after country name indicates river source; [m] after country name indicates river mouth
Major watersheds (area sq km)
[time series]
Atlantic Ocean drainage: Amazon (6,145,186 sq km), Orinoco (953,675 sq km)
Total renewable water resources
[time series]
1.325 trillion cubic meters (2017 est.)
Total water withdrawal
[time series]
municipal: 5.123 billion cubic meters (2017 est.) industrial: 793.3 million cubic meters (2017 est.) agricultural: 16.71 billion cubic meters (2017 est.)
Urbanization
[time series]
urban population: 88.3% of total population (2021) rate of urbanization: 1.16% annual rate of change (2020-25 est.)
Waste and recycling
[time series]
municipal solid waste generated annually: 9,779,093 tons (2010 est.)
Geography
Area
[time series]
total: 912,050 sq km land: 882,050 sq km water: 30,000 sq km
Area - comparative
[time series]
almost six times the size of Georgia; 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
[time series]
highest point: Pico Bolivar 4,978 m lowest point: Caribbean Sea 0 m mean elevation: 450 m
Geographic coordinates
[time series]
8 00 N, 66 00 W
Geography - note
[time series]
note 1: the country lies on major sea and air routes linking North and South America note 2: Venezuela has some of the most unique geology in the world; tepuis are massive table-top mountains of the western Guiana Highlands that tend to be isolated and thus support unique endemic plant and animal species; their sheer cliffsides account for some of the most spectacular waterfalls in the world including Angel Falls, the world's highest (979 m) that drops off Auyan Tepui
Irrigated land
[time series]
10,550 sq km (2012)
Land boundaries
[time series]
total: 5,267 km border countries (3): Brazil 2137 km, Colombia 2341 km, Guyana 789 km
Land use
[time series]
agricultural land: 24.5% (2018 est.) arable land: 3.1% (2018 est.) permanent crops: 0.8% (2018 est.) permanent pasture: 20.6% (2018 est.) forest: 52.1% (2018 est.) other: 23.4% (2018 est.)
Location
[time series]
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
Major lakes (area sq km)
[time series]
Salt water lake(s): Lago de Maracaibo - 13,010 sq km
Major rivers (by length in km)
[time series]
Rio Negro (shared with Colombia [s] and Brazil [m]) - 2,250 km; Orinoco river source and mouth (shared with Colombia) - 2,101 km note [s] after country name indicates river source; [m] after country name indicates river mouth
Major watersheds (area sq km)
[time series]
Atlantic Ocean drainage: Amazon (6,145,186 sq km), Orinoco (953,675 sq km)
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
Population distribution
[time series]
most of the population is concentrated in the northern and western highlands along an eastern spur at the northern end of the Andes, an area that includes the capital of Caracas
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 (Federal Dependencies)**, Distrito Capital (Capital District)*, Falcon, Guarico, La Guaira, 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
Capital
[time series]
name: Caracas geographic coordinates: 10 29 N, 66 52 W time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time) etymology: named for the native Caracas tribe that originally settled in the city's valley site near the Caribbean coast
Citizenship
[time series]
citizenship by birth: yes citizenship by descent only: yes dual citizenship recognized: yes residency requirement for naturalization: 10 years; reduced to five years in the case of applicants from Spain, Portugal, Italy, or a Latin American or Caribbean country
Constitution
[time series]
history: many previous; latest adopted 15 December 1999, effective 30 December 1999 amendments: proposed through agreement by at least 39% of the National Assembly membership, by the president of the republic in session with the cabinet of ministers, or by petition of at least 15% of registered voters; passage requires simple majority vote by the Assembly and simple majority approval in a referendum; amended 2009; note - in 2016, President MADURO issued a decree to hold an election to form a constituent assembly to change the constitution; the election in July 2017 approved the formation of a 545-member constituent assembly and elected its delegates, empowering them to change the constitution and dismiss government institutions and officials
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 former: State of Venezuela, Republic of Venezuela, United States of Venezuela etymology: native stilt-houses built on Lake Maracaibo reminded early explorers Alonso de OJEDA and Amerigo VESPUCCI in 1499 of buildings in Venice and so they named the region "Venezuola," which in Italian means "Little Venice"
Diplomatic representation from the US
[time series]
chief of mission: Ambassador (vacant); Charge d'Affaires James "Jimmy" STORY (since July 2018); note - on 11 March 2019, the Department of State announced the temporary suspension of operations of the US Embassy in Caracas and the withdrawal of diplomatic personnel; all consular services, routine and emergency, are suspended embassy: now operating from Bogota, Colombia Venezuela Affairs Unit, Carrera 45 N. 24B-27, Bogota previously - F St. and Suapure St.; Urb . Colinas de Valle Arriba; Caracas 1080 mailing address: 3140 Caracas Place, Washington DC 20521-3140 telephone: 1-888-407-4747 email address and website: ACSBogota@state.gov https://ve.usembassy.gov/
Diplomatic representation in the US
[time series]
chief of mission: Ambassador Carlos Alfredo VECCHIO (since 8 April 2019) chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 email address and website: despacho.embveus@mppre.gob.ve
Executive branch
[time series]
chief of state: Notification Statement: the United States recognizes Juan GUAIDO as the Interim President of Venezuela President Nicolas MADURO Moros (since 19 April 2013); Executive Vice President Delcy RODRIGUEZ Gomez (since 14 June 2018); note - the president is both chief of state and head of government head of government: President Nicolas MADURO Moros (since 19 April 2013); Executive Vice President Delcy RODRIGUEZ Gomez (since 14 June 2018) cabinet: Council of Ministers appointed by the president elections/appointments: president directly elected by simple majority popular vote for a 6-year term (no term limits); election last held on 20 May 2018 (next election scheduled for 2024) election results: 2018: Nicolas MADURO Moros reelected president; percent of vote - Nicolas MADURO Moros (PSUV) 68%, Henri FALCON (AP) 21%, Javier BERTUCCI 11%; note - the election was marked by serious shortcomings and electoral fraud; voter turnout was approximately 46% due largely to an opposition boycott of the election 2013: Nicolas MADURO Moros elected president; percent of vote - Nicolas MADURO Moros (PSUV) 50.6%, Henrique CAPRILES Radonski (PJ) 49.1%, other 0.3%
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 historic province of Guayana
Government type
[time series]
federal presidential republic
Independence
[time series]
5 July 1811 (from Spain)
International law organization participation
[time series]
has not submitted an ICJ jurisdiction declaration; accepts ICCt jurisdiction
International organization participation
[time series]
Caricom (observer), CD, CDB, CELAC, FAO, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC (NGOs), LAES, LAIA, LAS (observer), 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 courts: Supreme Tribunal of Justice (consists of 32 judges organized into constitutional, political-administrative, electoral, civil appeals, criminal appeals, and social divisions) 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 nonrenewable 12-year terms; note - in July 2017, the National Assembly named 33 judges to the court to replace a series of judges, it argued, had been illegally appointed in late 2015 by the outgoing, socialist-party-led Assembly; the Government of President MADURO and the Socialist Party-appointed judges refused to recognize these appointments, however, and many of the new judges have since been imprisoned or forced into exile 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]
description: unicameral National Assembly or Asamblea Nacional (277 seats; 3 seats reserved for indigenous peoples of Venezuela; members serve 5-year terms); note - in 2020, the National Electoral Council increased the number of seats in the National Assembly from 167 to 277 for the 6 December 2020 election elections: last held on 6 December 2020 (next to be held in December 2025) election results: percent of vote by party - GPP (pro-government) 69.32%, Democratic Alliance (opposition coalition) 17.68%, other 13%; seats by party - GPP 253, Democratic Alliance 18, indigenous peoples 3, other 3
National anthem(s)
(National anthem)
[time series]
name: "Gloria al bravo pueblo" (Glory to the Brave People) lyrics/music: Vicente SALIAS/Juan Jose LANDAETA note: adopted 1881; lyrics written in 1810, the music some years later; both SALIAS and LANDAETA were executed in 1814 during Venezuela's struggle for independence
National holiday
[time series]
Independence Day, 5 July (1811)
National symbol(s)
[time series]
troupial (bird); national colors: yellow, blue, red
Political parties
(Political parties and leaders)
[time series]
A New Era or UNT [Manuel ROSALES] Brave People's Alliance or ABP [Richard BLANCO] Cambiemos Movimiento Ciudadano or CMC [Timoteo ZAMBRANO] Christian Democrats or COPEI [ Miguel SALAZAR ] Clear Accounts or CC [Enzo SCARENO] Coalition of parties loyal to Nicolas MADURO -- Great Patriotic Pole or GPP [Nicolas MADURO] Coalition of opposition parties -- Democratic Alliance (Alianza Democratica) (comprised of AD, EL CAMBIO, COPEI, CMC, and AP) Come Venezuela (Vente Venezuela) or VV [Maria MACHADO] Communist Party of Venezuela or PCV [Oscar FIGUERA] Democratic Action or AD [ Jose Bernabe GUTIERREZ Parra ] EL CAMBIO (The Change) [Javier Alejandro BERTUCCI Carrero] Justice First or PJ [Julio BORGES] Popular Will or VP [Leopoldo LOPEZ] Progressive Wave or AP [Henri FALCON] The Radical Cause or La Causa R [Andres VELAZQUEZ] United Socialist Party of Venezuela or PSUV [Nicolas MADURO] Venezuelan Progressive Movement or MPV [Simon CALZADILLA] Venezuela Project or PV [Henrique Fernando SALAS FEO]
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, although the re-election of current disputed President Nicolas MADURO in an election boycotted by most opposition parties was widely viewed as fraudulent. Under Hugo CHAVEZ, president from 1999 to 2013, and his hand-picked successor, MADURO, the executive branch has exercised increasingly authoritarian control over other branches of government. National Assembly President Juan GUAIDO is currently recognized by more than 50 countries - including the United States - as the interim president while MADURO retains control of all other institutions within the country and has the support of security forces. Venezuela is currently authoritarian with only one democratic institution - the National Assembly - and strong restrictions on freedoms of expression and the press. The ruling party's economic policies expanded the state's role in the economy through expropriations of major enterprises, strict currency exchange and price controls that discourage private sector investment and production, and overdependence on the petroleum industry for revenues, among others. However, Caracas in 2019 relaxed some economic controls to mitigate some impacts of the economic crisis driven by a drop in oil production. Current concerns include human rights abuses, rampant violent crime, high inflation, and widespread shortages of basic consumer goods, medicine, and medical supplies.
Military and Security
Maritime threats
[time series]
The International Maritime Bureau continues to report the territorial and offshore waters in the Caribbean Sea as at 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; in 2020, no attacks were reported which was a decrease from the six attacks in 2019
Military - note
[time series]
between 2013 and 2017, Venezuela established at least a dozen military-led firms in a variety of economic sectors, such as agriculture, banking, construction, insurance, the media, mining, oil, and tourism; as of 2020, military officers reportedly led at least 60 state-owned companies
Military and security forces
[time series]
Bolivarian National Armed Forces (Fuerza Armada Nacional Bolivariana, FANB): Bolivarian Army (Ejercito Bolivariano, EB), Bolivarian Navy (Armada Bolivariana, AB; includes marines, Coast Guard), Bolivarian Military Aviation (Aviacion Militar Bolivariana, AMB; includes a joint-service Aerospace Defense Command (Comando de Defensa Aeroespacial Integral, CODAI); Bolivarian National Guard (Guardia Nacional Bolivaria, GNB); Bolivarian Militia (Milicia Bolivariana) Bolivarian National Police: Special Action Forces (Fuerzas de Acciones Especiales, FAES) (2021) note(s) - the CODAI is a joint service command with personnel drawn from other services; the FAES police paramilitary unit was created by President MADURO after the 2017 anti-government protests to fight crime; it has been accused of multiple human rights abuses; t he GNB is responsible for maintaining public order, guarding the exterior of key government installations and prisons, conducting counternarcotics operations, monitoring borders, and providing law enforcement in remote areas; it reports to both the Ministry of Defense and the Ministry of Interior, Justice, and Peace
Military and security service personnel strengths
[time series]
information varies; approximately 125-150,000 active personnel, including about 25-30,000 National Guard (2021) note - at the end of 2018, the Venezuelan Government claimed the Bolivarian Militia had 1.6 million members, but most reportedly have little to no military training
Military equipment inventories and acquisitions
[time series]
the FANB inventory is mainly of Chinese and Russian origin with a smaller mix of equipment from Western countries such as France, Germany, Italy, the Netherlands, Spain, the UK, and the US; since 2010, Russia is the top supplier of military hardware to Venezuela, followed by China, Spain, and Ukraine (2021)
Military expenditures
[time series]
0.4% of GDP (2017) 0.5% of GDP (2016) 0.9% of GDP (2015) 1.1% of GDP (2014) 1.6% of GDP (2013)
Military service age and obligation
[time series]
18-30 (25 for women) for voluntary service; the minimum service obligation is 24-30 months; all citizens of military service age (18-50 years old) are obligated to register for military service and subject to military training, although forcible recruitment is forbidden (2021)
People and Society
Age structure
[time series]
0-14 years: 25.66% (male 3,759,280/female 3,591,897) 15-24 years: 16.14% (male 2,348,073/female 2,275,912) 25-54 years: 41.26% (male 5,869,736/female 5,949,082) 55-64 years: 8.76% (male 1,203,430/female 1,305,285) 65 years and over: 8.18% (male 1,069,262/female 1,272,646) (2020 est.)
Birth rate
[time series]
17.55 births/1,000 population (2021 est.)
Children under the age of 5 years underweight
[time series]
NA
Contraceptive prevalence rate
[time series]
75% (2010)
Current health expenditure
(Current Health Expenditure)
[time series]
3.6% (2018)
Death rate
[time series]
7.13 deaths/1,000 population (2021 est.)
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. While CHAVEZ was in power, 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 2002-03 oil strike. Additionally, thousands of Venezuelans of European descent have taken up residence in their ancestral homelands. Nevertheless, Venezuela has attracted hundreds of thousands of 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 Colombian refugees, numbering about 170,000 as of year-end 2016. However, since 2014, falling oil prices have driven a major economic crisis that has pushed Venezuelans from all walks of life to migrate or to seek asylum abroad to escape severe shortages of food, water, and medicine; soaring inflation; unemployment; and violence. As of March 2020, an estimated 5 million Venezuelans were refugees or migrants worldwide, with almost 80% taking refuge in Latin America and the Caribbean (notably Colombia, Peru, Chile, Ecuador, Argentina, and Brazil, as well as the Dominican Republic, Aruba, and Curacao). Asylum applications increased significantly in the US and Brazil in 2016 and 2017. Several receiving countries are making efforts to increase immigration restrictions and to deport illegal Venezuelan migrants - Ecuador and Peru in August 2018 began requiring valid passports for entry, which are difficult to obtain for Venezuelans. Nevertheless, Venezuelans continue to migrate to avoid economic collapse at home.
Dependency ratios
[time series]
total dependency ratio: 54.4 youth dependency ratio: 42.1 elderly dependency ratio: 12.3 potential support ratio: 8.1 (2020 est.)
Drinking water source
[time series]
improved: total: 95.7% of population unimproved: total: 4.3% of population (2017 est.)
Education expenditure
(Education expenditures)
[time series]
1.3% of GDP (2017)
Ethnic groups
[time series]
unspecified Spanish, Italian, Portuguese, Arab, German, African, Indigenous
HIV/AIDS - adult prevalence rate
[time series]
0.5% (2020 est.)
HIV/AIDS - deaths
[time series]
4,200 (2020 est.)
HIV/AIDS - people living with HIV/AIDS
[time series]
100,000 (2020 est.)
Hospital bed density
[time series]
0.9 beds/1,000 population (2017)
Infant mortality rate
[time series]
total: 22.23 deaths/1,000 live births male: 24.79 deaths/1,000 live births female: 19.55 deaths/1,000 live births (2021 est.)
Languages
[time series]
Spanish (official), numerous indigenous dialects major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de informaci n b sica. (Spanish) The World Factbook, the indispensable source for basic information.
Life expectancy at birth
[time series]
total population: 72.22 years male: 68.9 years female: 75.7 years (2021 est.)
Literacy
[time series]
definition: age 15 and over can read and write total population: 97.1% male: 97% female: 97.2% (2016)
Major infectious diseases
[time series]
degree of risk: high (2020) food or waterborne diseases: bacterial diarrhea and hepatitis A vectorborne diseases: dengue fever and malaria Note: as of 1 March 2021, the Centers for Disease Control and Prevention recommends that travelers avoid all nonessential travel to Venezuela; the country is experiencing outbreaks of infectious diseases, and adequate health care is currently not available in most of the country
Major urban areas - population
[time series]
2.946 million CARACAS (capital), 2.296 million Maracaibo, 1.935 million Valencia, 1.227 million Barquisimeto, 1.216 million Maracay (2021)
Maternal mortality ratio
[time series]
125 deaths/100,000 live births (2017 est.)
Median age
[time series]
total: 30 years male: 29.4 years female: 30.7 years (2020 est.)
Nationality
[time series]
noun: Venezuelan(s) adjective: Venezuelan
Net migration rate
[time series]
14.22 migrant(s)/1,000 population (2021 est.)
Obesity - adult prevalence rate
[time series]
25.6% (2016)
Population
[time series]
29,069,153 (July 2021 est.)
Population distribution
[time series]
most of the population is concentrated in the northern and western highlands along an eastern spur at the northern end of the Andes, an area that includes the capital of Caracas
Population growth rate
[time series]
2.46% (2021 est.)
Religions
[time series]
Roman Catholic 96%, Protestant 2%, other 2%
Sanitation facility access
[time series]
improved: total: 93.9% of population unimproved: total: 6.4% of population (2017 est.)
Sex ratio
[time series]
at birth: 1.05 male(s)/female 0-14 years: 1.05 male(s)/female 15-24 years: 1.03 male(s)/female 25-54 years: 0.99 male(s)/female 55-64 years: 0.92 male(s)/female 65 years and over: 0.84 male(s)/female total population: 0.99 male(s)/female (2020 est.)
Total fertility rate
[time series]
2.24 children born/woman (2021 est.)
Youth unemployment rate (ages 15-24)
(Unemployment, youth ages 15-24)
[time series]
total: 12.1% male: 10.5% NA female: 14.9% NA (2017 est.)
Urbanization
[time series]
urban population: 88.3% of total population (2021) rate of urbanization: 1.16% annual rate of change (2020-25 est.)
Terrorism
Terrorist group(s)
[time series]
National Liberation Army (ELN); Revolutionary Armed Forces of Colombia (FARC) note: details about the history, aims, leadership, organization, areas of operation, tactics, targets, weapons, size, and sources of support of the group(s) appear(s) in Appendix-T
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 UN 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]
a major drug transit country and trafficking route in the Western Hemisphere largely destined for the Caribbean, Central America, the United States, West Africa, and Europe for illegal drugs, predominately cocaine; government officials reportedly complicit with illegal armed narcotrafficking groups little international drug control cooperation; significant narcotics-related money-laundering activity, increasing signs of drug-related activities by Colombian insurgents on border
Refugees and internally displaced persons
[time series]
refugees (country of origin): 67,935 (Colombia) (2020) note: As of December 2020, more than 800,000 Venezuelans have applied for asylum worldwide
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, often from indigenous communities, are subjected to forced labor; the government provided support to FARC dissidents and the ELN, which grew through the recruitment of child soldiers and exploitation of children in sex trafficking and forced labor; Illegal armed groups lure children in vulnerable conditions and dire economic circumstances with gifts and promises of basic sustenance to later recruit them into their ranks tier rating: Tier 3 Venezuela does not fully meet the minimum standards for the elimination of trafficking and is not making significant efforts to do so; the government created a specialized prosecutor s office to oversee trafficking investigations and prosecutions; authorities began legal proceedings against three complicit officials in a notable case; however, the government did not assist any victims or investigate, prosecute, or convict any traffickers; little effort was made to curb the forced recruitment of Venezuelan children by Colombian armed groups operating illegally in Venezuela; authorities made little effort to screen Cuban medical professionals for trafficking indicators as the Cuban Government may have forced them to work by withholding their documentation, and coercing them to falsify medical records (2020)
Transportation
Airports
[time series]
total: 444 (2013)
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)
Civil aircraft registration country code prefix
[time series]
YV
Heliports
[time series]
3 (2013)
Merchant marine
[time series]
total: 281 by type: bulk carrier 4, container ship 1, general cargo 26, oil tanker 18, other 232 (2021)
National air transport system
[time series]
number of registered air carriers: 12 (2020) inventory of registered aircraft operated by air carriers: 75 annual passenger traffic on registered air carriers: 2,137,771 (2018) annual freight traffic on registered air carriers: 1.55 million mt-km (2018)
Pipelines
[time series]
981 km extra heavy crude, 5941 km gas, 7588 km oil, 1778 km refined products (2013)
Ports
(Ports and terminals)
[time series]
major seaport(s): La Guaira, Maracaibo, Puerto Cabello, Punta Cardon oil terminal(s): Jose terminal
Railways
[time series]
total: 447 km (2014) standard gauge: 447 km 1.435-m gauge (41.4 km electrified) (2014)
Roadways
[time series]
total: 96,189 km (2014)
Waterways
[time series]
7,100 km (Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels) (2011)