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Venezuela
  Population: 26,023,528

Background
Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president 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.

  • Geography
  • People
  • Government
  • Economy
  • Communications
  • Transportation
  • Military
  • Geography
    On major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall.
    Location:Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
    Geographic coordinates:8 00 N, 66 00 W
    Area:total: 912,050 sq km
    land: 882,050 sq km
    water: 30,000 sq km

    Size comparison: slightly more than twice the size of California

    Land Boundaries:total: 4,993 km
    border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
    Coastline:2,800 km
    Maritime claims:territorial sea: 12 nm
    contiguous zone: 15 nm
    exclusive economic zone: 200 nm
    continental shelf: 200-m depth or to the depth of exploitation
    Climate:tropical; hot, humid; more moderate in highlands
    Terrain:Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
    Elevation extremes:lowest point: Caribbean Sea 0 m
    highest point: Pico Bolivar (La Columna) 5,007 m
    Natural resources:petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
    Land use:arable land: 2.85%
    permanent crops: 0.88%
    other: 96.27% (2005)
    Irrigated land:5,750 sq km (2003)
    Natural hazards:subject to floods, rockslides, mudslides; periodic droughts
    Current Environment Issues:sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations
    International Environment Agreements:party to: Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
    signed but not ratified:: none of the selected agreements
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    People
    Population:26,023,528 (July 2007 est.)
    Age structure:0-14 years: 31.6% (male 4,169,979/female 4,046,170)
    15-64 years: 63.4% (male 8,120,661/female 8,369,065)
    65 years and over: 5.1% (male 586,863/female 730,790) (2007 est.)
    Median age:total: 24.9 years
    male: 24.3 years
    female: 25.5 years (2007 est.)
    Population growth rate:1.486% (2007 est.)
    Birth rate:21.22 births/1,000 population (2007 est.)
    Death rate:5.08 deaths/1,000 population (2007 est.)
    Net migration rate:-1.28 migrant(s)/1,000 population (2007 est.)
    Sex ratio:at birth: 1.05 male(s)/female
    under 15 years: 1.031 male(s)/female
    15-64 years: 0.97 male(s)/female
    65 years and over: 0.803 male(s)/female
    total population: 0.98 male(s)/female (2007 est.)
    Infant mortality rate:total: 22.52 deaths/1,000 live births
    male: 26.14 deaths/1,000 live births
    female: 18.72 deaths/1,000 live births (2007 est.)
    Life expectancy at birth:total population: 73.28 years
    male: 70.24 years
    female: 76.48 years (2007 est.)
    Total fertility rate:2.55 children born/woman (2007 est.)
    HIV/AIDS - adult prevalence rate:0.7%; note - no country specific models provided (2001 est.)
    HIV/AIDS - people living with HIV/AIDS:110,000 (1999 est.)
    HIV/AIDS - deaths:4,100 (2003 est.)
    Nationality:noun: Venezuelan(s)
    adjective: Venezuelan
    Ethnic groups:Spanish, Italian, Portuguese, Arab, German, African, indigenous people
    Religions:nominally Roman Catholic 96%, Protestant 2%, other 2%
    Languages:Spanish (official), numerous indigenous dialects
    Literacy:definition: age 15 and over can read and write
    total population: 93%
    male: 93.3%
    female: 92.7% (2001 census)
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    Government
    Country name:conventional long form: Bolivarian Republic of Venezuela
    conventional short form: Venezuela
    local long form: Republica Bolivariana de Venezuela
    local short form: Venezuela
    Government type:federal republic
    Capital:name: Caracas
    geographic coordinates: 10 30 N, 66 56 W
    time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
    Administrative divisions:23 states (estados, singular - estado), 1 capital district* (distrito capital), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, 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
    Independence:5 July 1811 (from Spain)
    National holiday:Independence Day, 5 July (1811)
    Constitution:30 December 1999
    Legal system:open, adversarial court system
    Suffrage:18 years of age; universal
    Executive branch:chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jorge RODRIGUEZ Gomez (since 3 January 2007); 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 Jorge RODRIGUEZ Gomez (since 3 January 2007)
    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 in 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 constitution
    election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9%
    Legislative branch: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
    Judicial branch:Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term)
    Political parties and leaders:A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Democratic Action or AD [Henry RAMOS Allup]; 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 pressure groups and leaders:FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action)
    International organization participation:CAN, Caricom (observer), CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, Mercosur, MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
    Diplomatic representation in the US: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)
    Diplomatic representation from the US: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
    Executive branch:chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jorge RODRIGUEZ Gomez (since 3 January 2007); 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 Jorge RODRIGUEZ Gomez (since 3 January 2007) 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 in 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 constitution election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9%
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    Economy
    Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, more than 50% of the federal budget revenues, and around 30% of GDP. Tax collection - Venezuela's primary source of non-oil revenue - is expected to surpass $23 billion in 2006, exceeding the yearend collection goal by more than 20%. A nationwide strike between December 2002 and February 2003 had far-reaching economic consequences - real GDP declined by around 9% in 2002 and 8% in 2003 - but economic output since then has recovered strongly. Fueled by higher oil prices, record government spending helped to boost GDP growth in 2004 and 2005 to approximately 18% and 11%, respectively. Economic growth in 2006 reached about 9%. This spending, combined with recent minimum wage hikes and improved access to domestic credit, has fueled a consumption boom - car sales in 2006 increased by around 70% - but has come at the cost of higher inflation. Despite government attempts to withdraw liquidity from the economy, Venezuela's money supply set a record in June 2006, approximately 70% higher than the previous year. Imports have also jumped significantly.
    GDP (purchasing power parity):$186.3 billion (2006 est.)
    GDP (official exchange rate):$149.9 billion (2006 est.)
    GDP - real growth rate:10.3% (2006 est.)
    GDP - per capita (PPP):$7,200 (2006 est.)
    GDP - composition by sector:agriculture: 3.7%
    industry: 40.5%
    services: 55.9% (2006 est.)
    Labor force:12.19 million (2006 est.)
    Labor force - by occupation:agriculture: 13%
    industry: 23%
    services: 64% (1997 est.)
    Unemployment rate:8.9% (2006 est.)
    Population below poverty line:37.9% (end 2005 est.)
    Household income or consumption by percentage share:lowest 10%: 0.7%
    highest 10%: 35.2% (2003)
    Distribution of family income - Gini index:48.2 (2003)
    Inflation rate (consumer prices):13.7% (2006 est.)
    Investment (gross fixed):22.5% of GDP (2006 est.)
    Budget:revenues: $54.65 billion
    expenditures: $54.61 billion (2006 est.)
    Public debt:24.3% of GDP (2006 est.)
    Agriculture - products:corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
    Industries:petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly
    Industrial production growth rate:7% (2006 est.)
    Electricity - production:99.2 billion kWh (2005)
    Electricity - consumption:73.36 billion kWh (2005)
    Electricity - exports:0 kWh (2005)
    Electricity - imports:0 kWh (2005)
    Oil - production:3.081 million bbl/day (2005 est.)
    Oil - consumption:560,000 bbl/day (2004 est.)
    Oil - exports:2.293 million bbl/day (2004 est.)
    Oil - imports:NA bbl/day
    Oil - proved reserves:78.77 billion bbl (1 January 2006)
    Natural gas - production:27.53 billion cu m (2005 est.)
    Natural gas - consumption:27.53 billion cu m (2005 est.)
    Natural gas - exports:0 cu m (2005 est.)
    Natural gas - imports:0 cu m (2005)
    Natural gas - proved reserves:4.112 trillion cu m (1 January 2006 est.)
    Current account balance:$27.17 billion (2006 est.)
    Exports:$65.21 billion f.o.b. (2006 est.)
    Exports - commodities:petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
    Exports - partners:US 46.3%, Netherlands Antilles 13.5%, China 3.2% (2006)
    Imports:$32.23 billion f.o.b. (2006 est.)
    Imports - commodities:raw materials, machinery and equipment, transport equipment, construction materials
    Imports - partners:US 30.6%, Colombia 10.2%, Brazil 10.1%, Mexico 5.9%, China 4.9%, Panama 4.8% (2006)
    Reserves of foreign exchange and gold:$36.67 billion (2006 est.)
    Debt - external:$41.4 billion (2006 est.)
    Stock of direct foreign investment - at home:$45.4 billion (2006 est.)
    Stock of direct foreign investment - abroad:$11.56 billion (2006 est.)
    Market value of publicly traded shares:$8.251 billion (2006)
    Currency (code):bolivar (VEB)
    Exchange rates:bolivares per US dollar - 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003), 1,161 (2002)
    Fiscal year:calendar year
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    Communications
    Telephones - main lines in use:4.217 million (2006)
    Telephones - mobile cellular:18.79 million (2006)
    Telephone system:general assessment: modern and expanding
    domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services
    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
    Radio broadcast stations:AM 201, FM NA (20 in Caracas), shortwave 11 (1998)
    Television broadcast stations:66 (plus 45 repeaters) (1997)
    Internet country code:.ve
    Internet hosts:126,500 (2007)
    Internet users:4.14 million (2006)
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    Transportation
    Airports:390 (2007)
    Airports - with paved runways:total: 128
    over 3,047 m: 5
    2,438 to 3,047 m: 10
    1,524 to 2,437 m: 34
    914 to 1,523 m: 61
    under 914 m: 18 (2007)
    Airports - with unpaved runways:total: 128
    over 3,047 m: 5
    2,438 to 3,047 m: 10
    1,524 to 2,437 m: 34
    914 to 1,523 m: 61
    under 914 m: 18 (2007)
    Heliports:2 (2007)
    Pipelines:extra heavy crude oil 992 km; gas 5,369 km; oil 7,607 km; refined products 1,681 km; unknown (oil/water) 141 km (2006)
    Railways:total: 682 km
    standard gauge: 682 km 1.435-m gauge (2006)
    Roadways:total: 96,155 km
    paved: 32,308 km
    unpaved: 63,847 km (1999)
    Waterways:7,100 km
    note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005)
    Merchant marine:total: 59 ships (1000 GRT or over) 808,721 GRT/1,285,783 DWT
    by type: bulk carrier 7, cargo 14, chemical tanker 3, container 1, liquefied gas 6, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 1
    foreign-owned: 12 (Denmark 3, Greece 3, Mexico 3, Panama 1, Russia 1, Spain 1)
    registered in other countries: 11 (Bahamas 1, Panama 10) (2007)
    Ports and terminals:Amuay, La Guaira, Maracaibo, Puerto Cabello, Punta Cardon
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    Military
    Military branches: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 service age and obligation:18 years of age for compulsory and voluntary military service; conscript service obligation - 30 months; all citizens of military service age (between 18 and 50 years old) are obligated to register for military service (2007)
    Manpower available for military service:males age 18-49: 6,236,012
    females age 18-49: 6,137,622 (2005 est.)
    Manpower fit for military service:males age 18-49: 4,907,947
    females age 18-49: 5,151,843 (2005 est.)
    Military expenditures - percent of GDP:1.2% (2005 est.)
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    Source: CIA - The World Factbook

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