Cayman Islands (2004) | Venezuela (2007) | |
Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | 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 |
Age structure | 0-14 years: 21.4% (male 4,608; female 4,616)
15-64 years: 70.6% (male 14,858; female 15,593) 65 years and over: 8% (male 1,607; female 1,821) (2004 est.) |
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.) |
Agriculture - products | vegetables, fruit; livestock, turtle farming | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
Airports | 3 (2003 est.) | 390 (2007) |
Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2004 est.) |
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: 1
914 to 1,523 m: 1 (2004 est.) |
total: 262
2,438 to 3,047 m: 1 1,524 to 2,437 m: 15 914 to 1,523 m: 97 under 914 m: 149 (2007) |
Area | total: 262 sq km
land: 262 sq km water: 0 sq km |
total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
Area - comparative | 1.5 times the size of Washington, DC | slightly more than twice the size of California |
Background | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent. | 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. |
Birth rate | 13.11 births/1,000 population (2004 est.) | 21.22 births/1,000 population (2007 est.) |
Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
revenues: $54.65 billion
expenditures: $54.61 billion (2006 est.) |
Capital | George Town | name: Caracas
geographic coordinates: 10 30 N, 66 56 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) |
Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | tropical; hot, humid; more moderate in highlands |
Coastline | 160 km | 2,800 km |
Constitution | 1959, revised 1972 and 1992 | 30 December 1999 |
Country name | conventional long form: none
conventional short form: Cayman Islands |
conventional long form: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
Currency | Caymanian dollar (KYD) | - |
Death rate | 4.76 deaths/1,000 population (2004 est.) | 5.08 deaths/1,000 population (2007 est.) |
Debt - external | $70 million (1996) | $41.4 billion (2006 est.) |
Dependency status | overseas territory of the UK | - |
Diplomatic representation from the US | none (overseas territory of the UK) | chief of mission: Ambassador William R. BROWNFIELD
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
Diplomatic representation in the US | none (overseas territory of the UK) | 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) |
Disputes - international | none | 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 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; in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela; US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan EEZ/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 |
Economic aid - recipient | NA (1999) | $48.66 million (2005) |
Economy - overview | With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. | 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. |
Electricity - consumption | 355.2 million kWh (2001) | 73.36 billion kWh (2005) |
Electricity - exports | 0 kWh (2001) | 0 kWh (2005) |
Electricity - imports | 0 kWh (2001) | 0 kWh (2005) |
Electricity - production | 381.9 million kWh (2001) | 99.2 billion kWh (2005) |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: The Bluff 43 m |
lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 m |
Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchments | 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 |
Environment - international 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 |
Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
Exchange rates | Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) | bolivares per US dollar - 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003), 1,161 (2002) |
Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; the chief secretary is appointed by the governor |
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% |
Exports | NA (2001) | 2.293 million bbl/day (2004 est.) |
Exports - commodities | turtle products, manufactured consumer goods | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
Exports - partners | mostly US | US 46.3%, Netherlands Antilles 13.5%, China 3.2% (2006) |
Fiscal year | 1 April - 31 March | calendar year |
Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS | 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 |
GDP | purchasing power parity - $1.27 billion (2002 est.) | - |
GDP - composition by sector | agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 3.7%
industry: 40.5% services: 55.9% (2006 est.) |
GDP - per capita | purchasing power parity - $35,000 (2002 est.) | - |
GDP - real growth rate | 1.7% (2002 est.) | 10.3% (2006 est.) |
Geographic coordinates | 19 30 N, 80 30 W | 8 00 N, 66 00 W |
Geography - note | important location between Cuba and Central America | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall |
Heliports | - | 2 (2007) |
Highways | total: 785 km
paved: 785 km (2000) |
- |
Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: 0.7%
highest 10%: 35.2% (2003) |
Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | 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 |
Imports | NA (2001) | NA bbl/day |
Imports - commodities | foodstuffs, manufactured goods | raw materials, machinery and equipment, transport equipment, construction materials |
Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | US 30.6%, Colombia 10.2%, Brazil 10.1%, Mexico 5.9%, China 4.9%, Panama 4.8% (2006) |
Independence | none (overseas territory of the UK) | 5 July 1811 (from Spain) |
Industrial production growth rate | NA | 7% (2006 est.) |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly |
Infant mortality rate | total: 8.41 deaths/1,000 live births
male: 9.64 deaths/1,000 live births female: 7.16 deaths/1,000 live births (2004 est.) |
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.) |
Inflation rate (consumer prices) | 2.8% (2002) | 13.7% (2006 est.) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU | 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 |
Irrigated land | NA sq km | 5,750 sq km (2003) |
Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
Labor force | 19,820 (1995) | 12.19 million (2006 est.) |
Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture: 13%
industry: 23% services: 64% (1997 est.) |
Land boundaries | 0 km | total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
Land use | arable land: 3.85%
permanent crops: 0% other: 96.15% (2001) |
arable land: 2.85%
permanent crops: 0.88% other: 96.27% (2005) |
Languages | English | Spanish (official), numerous indigenous dialects |
Legal system | British common law and local statutes | open, adversarial court system |
Legislative branch | unicameral Legislative Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held 17 November 2004) election results: percent of vote - NA; seats - NA |
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 |
Life expectancy at birth | total population: 79.81 years
male: 77.21 years female: 82.45 years (2004 est.) |
total population: 73.28 years
male: 70.24 years female: 76.48 years (2007 est.) |
Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
definition: age 15 and over can read and write
total population: 93% male: 93.3% female: 92.7% (2001 census) |
Location | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
Map references | Central America and the Caribbean | South America |
Maritime claims | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
territorial sea: 12 nm
contiguous zone: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation |
Merchant marine | total: 137 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk 27, cargo 7, chemical tanker 36, container 2, liquefied gas 1, petroleum tanker 25, refrigerated cargo 33, roll on/roll off 4, short-sea/passenger 1, specialized tanker 1 foreign-owned: Germany 9, Greece 25, Hong Kong 3, Italy 14, Norway 4, Singapore 1, Spain 11, Sweden 13, Switzerland 1, United Kingdom 18, United States 43 registered in other countries: 2 (2004 est.) |
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) |
Military - note | defense is the responsibility of the UK | - |
Military branches | no regular military forces; Royal Cayman Islands Police Force | National Armed Forces (Fuerzas Armadas Nacionales or FAN): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada; includes Marines, Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
Military expenditures - percent of GDP | - | 1.2% (2005 est.) |
National holiday | Constitution Day, first Monday in July | Independence Day, 5 July (1811) |
Nationality | noun: Caymanian(s)
adjective: Caymanian |
noun: Venezuelan(s)
adjective: Venezuelan |
Natural hazards | hurricanes (July to November) | subject to floods, rockslides, mudslides; periodic droughts |
Natural resources | fish, climate and beaches that foster tourism | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
Net migration rate | 18.75 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2004 est.) |
-1.28 migrant(s)/1,000 population (2007 est.) |
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) |
Political parties and leaders | no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] | 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 | NA | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
Population | 43,103 (July 2004 est.) | 26,023,528 (July 2007 est.) |
Population below poverty line | NA (2002 est.) | 37.9% (end 2005 est.) |
Population growth rate | 2.71% (2004 est.) | 1.486% (2007 est.) |
Ports and harbors | Cayman Brac, George Town | - |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
Railways | - | total: 682 km
standard gauge: 682 km 1.435-m gauge (2006) |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | nominally Roman Catholic 96%, Protestant 2%, other 2% |
Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.88 male(s)/female total population: 0.96 male(s)/female (2004 est.) |
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.) |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: NA
domestic: NA international: country code - 1-345; 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
general assessment: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services international: country code - 58; 3 submarine coaxial cables; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
Telephones - main lines in use | 38,000 (2002) | 4.217 million (2006) |
Telephones - mobile cellular | 17,000 (2002) | 18.79 million (2006) |
Television broadcast stations | 1 with cable system | 66 (plus 45 repeaters) (1997) |
Terrain | low-lying limestone base surrounded by coral reefs | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
Total fertility rate | 1.9 children born/woman (2004 est.) | 2.55 children born/woman (2007 est.) |
Unemployment rate | 4.1% (1997) | 8.9% (2006 est.) |
Waterways | - | 7,100 km
note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005) |