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(opens in new window) 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. 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. Northern South America, bordering the Caribbean Sea and the North Atlantic
Ocean, between Colombia and Guyana 8 00 N, 66 00 W
total: 912,050 sq km total: 4,993 km 2,800 km territorial sea: 12 nm tropical; hot, humid; more moderate in highlands
Andes Mountains and Maracaibo Lowlands in northwest; central plains
(llanos); Guiana Highlands in southeast lowest point: Caribbean Sea 0 m petroleum, natural gas, iron ore, gold, bauxite, other minerals,
hydropower, diamonds arable land: 2.85% 5,750 sq km (2003)
subject to floods, rockslides, mudslides; periodic droughts
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
on major sea and air routes linking North and South America; Angel Falls in
the Guiana Highlands is the world's highest waterfall 25,730,435 (July 2006 est.)
0-14 years: 29.1% (male 3,860,116/female 3,620,440) total: 26 years 1.38% (2006 est.)
18.71 births/1,000 population (2006 est.)
4.92 deaths/1,000 population (2006 est.)
0 migrant(s)/1,000 population (2006 est.)
at birth: 1.08 male(s)/female total: 21.54 deaths/1,000 live births total population: 74.54 years 2.23 children born/woman (2006 est.)
0.7% - note - no country specific models provided (2001 est.)
110,000 (1999 est.) 4,100 (2003 est.) noun: Venezuelan(s) Spanish, Italian, Portuguese, Arab, German, African, indigenous people
nominally Roman Catholic 96%, Protestant 2%, other 2%
Spanish (official), numerous indigenous dialects
definition: age 15 and over can read and write conventional long form: Bolivarian Republic of Venezuela federal republic
Caracas 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 5 July 1811 (from Spain)
Independence Day, 5 July (1811)
30 December 1999
open, adversarial court system
18 years of age; universal
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) Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are
elected by the National Assembly for a single 12-year term) Venezuela continues to be highly dependent on the petroleum sector,
accounting for roughly one-third of GDP, around 80% of export earnings, and
over half of government operating revenues. Government revenue also has
been bolstered by increased tax collection, which has surpassed its 2005
collection goal by almost 50%. Tax revenue is the primary source of non-oil
revenue, which accounts for 53% of the 2006 budget. A disastrous two-month
national oil strike, from December 2002 to February 2003, temporarily
halted economic activity. The economy remained in depression in 2003,
declining by 9.2% after an 8.9% fall in 2002. Output recovered strongly in
2004-2005, aided by high oil prices and strong consumption growth.
Venezuela continues to be an important source of crude oil for the US
market. Both inflation and unemployment remain fundamental problems. $164.1 billion (2005 est.)
$116.2 billion (2005 est.)
9.1% (2005 est.) $6,500 (2005 est.) agriculture: 4.6% 12.31 million (2005 est.)
agriculture: 13% 12.3% (2005 est.) 47% (1998 est.)
lowest 10%: 0.8% 49.1 (1998)
15.7% (2005 est.) 23.8% of GDP (2005 est.)
revenues: $39.63 billion 32% of GDP (2005 est.)
corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork,
milk, eggs; fish
petroleum, construction materials, food processing, textiles; iron ore
mining, steel, aluminum; motor vehicle assembly 3.4% (2005 est.) 87.44 billion kWh (2003)
81.32 billion kWh (2003)
3.081 million bbl/day (2005 est.)
530,000 bbl/day (2003 est.)
2.1 million bbl/day (2004 est.)
75.59 billion bbl (2005 est.)
29.7 billion cu m (2003 est.)
29.7 billion cu m (2003 est.)
4.191 trillion cu m (2005)
$20.3 billion (2005 est.)
$52.73 billion f.o.b. (2005 est.)
petroleum, bauxite and aluminum, steel, chemicals, agricultural products,
basic manufactures
US 55.5%, Netherlands Antilles 4.7%, Dominican Republic 2.8% (2004)
$24.63 billion f.o.b. (2005 est.)
raw materials, machinery and equipment, transport equipment, construction
materials US 28.8%, Colombia 9.9%, Brazil 7%, Mexico 4.1% (2004)
$30.74 billion (2005 est.)
$39.79 billion (2005 est.)
$74 million (2000)
bolivar (VEB)
calendar year
3,346,500 (2004) 8.421 million (2004) general assessment: modern and expanding AM 201, FM NA (20 in Caracas), shortwave 11 (1998)
66 (plus 45 repeaters) (1997)
.ve 57,875 (2005) 3.04 million (2005)
370 (2005) total: 128 total: 242 1 (2005) extra heavy crude 992 km; gas 5,262 km; oil 7,360 km; refined products
1,681 km; unknown (oil/water) 141 km (2004) total: 682 km total: 96,155 km 7,100 km total: 57 ships (1000 GRT or over) 800,040 GRT/1,285,206 DWT Amuay, La Guaira, Maracaibo, Puerto Cabello, Punta Cardon
National Armed Forces (Fuerzas Armadas Nacionales or FAN) - includes 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) claims all of the area west of the Essequibo River in Guyana, preventing
any discussion of a maritime boundary; Guyana has expressed its intention
to join Barbados in asserting claims before the United Nations Convention
on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary
with Venezuela extends into their waters; dispute with Colombia over Los
Monjes islands and maritime boundary near the Gulf of Venezuela;
Colombian-organized illegal narcotics and paramilitary activities penetrate
Venezuela's shared border region resulting in several thousand residents
migrating away from the border; US, France, and the Netherlands recognize
Venezuela's claim to give full effect to Aves Island, which creates a
Venezuelan EEZ/continental shelf extending over a large portion of the
Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint
Vincent and the Grenadines protest Venezuela's claim that Aves Island
sustains human habitation and other states' recognition of it 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 |