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Compare Venezuela (2002) - Bermuda (2005)

Compare Venezuela (2002) z Bermuda (2005)

 Venezuela (2002)Bermuda (2005)
 VenezuelaBermuda
Administrative divisions 23 states (estados, singular - estado), 1 federal district* (distrito federal), 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
9 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years: 31.6% (male 3,955,132; female 3,710,159)


15-64 years: 63.6% (male 7,756,362; female 7,695,738)


65 years and over: 4.8% (male 533,559; female 636,720) (2002 est.)
0-14 years: 18.9% (male 6,177/female 6,154)


15-64 years: 69.2% (male 22,422/female 22,828)


65 years and over: 11.9% (male 3,378/female 4,406) (2005 est.)
Agriculture - products corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish bananas, vegetables, citrus, flowers; dairy products
Airports 372 (2001) 1 (2004 est.)
Airports - with paved runways total: 127


over 3,047 m: 5


2,438 to 3,047 m: 11


1,524 to 2,437 m: 32


914 to 1,523 m: 61


under 914 m: 18 (2002)
total: 1


2,438 to 3,047 m: 1 (2004 est.)
Airports - with unpaved runways total: 246


1,524 to 2,437 m: 10


914 to 1,523 m: 97


under 914 m: 139 (2002)
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Area total: 912,050 sq km


land: 882,050 sq km


water: 30,000 sq km
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative slightly more than twice the size of California about one-third the size of Washington, DC
Background Venezuela was one of the three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Colombia and Ecuador). 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: an embattled president who is losing his once solid support among Venezuelans, a divided military, drug-related conflicts 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. Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. A referendum on independence was soundly defeated in 1995.
Birth rate 20.22 births/1,000 population (2002 est.) 11.6 births/1,000 population (2005 est.)
Budget revenues: $21.5 billion


expenditures: $27 billion, including capital expenditures of $NA (2000 est.) (2000 est.)
revenues: $671.1 million


expenditures: $594.6 million, including capital expenditures of $55 million (FY03/04)
Capital Caracas Hamilton
Climate tropical; hot, humid; more moderate in highlands subtropical; mild, humid; gales, strong winds common in winter
Coastline 2,800 km 103 km
Constitution 30 December 1999 8 June 1968; amended 1989 and 2003
Country name conventional long form: Bolivarian Republic of Venezuela


conventional short form: Venezuela


local long form: Republica Bolivariana de Venezuela


local short form: Venezuela
conventional long form: none


conventional short form: Bermuda


former: Somers Islands
Currency bolivar (VEB) -
Death rate 4.91 deaths/1,000 population (2002 est.) 7.63 deaths/1,000 population (2005 est.)
Debt - external $34.5 billion (2000) (2000) $160 million (FY99/00)
Dependency status - overseas territory of the UK
Diplomatic representation from the US chief of mission: Ambassador Charles S. SHAPIRO


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
chief of mission: Deputy Chief of Mission Antoinette BOECKER


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
Diplomatic representation in the US chief of mission: Ambassador (vacant); Charge d' Affaires Luis HERERRA Marcano


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, and San Juan (Puerto Rico)
none (overseas territory of the UK)
Disputes - international claims all of Guyana west of the Essequibo (river); maritime boundary dispute with Colombia in the Gulf of Venezuela; several Caribbean states protest Venezuela's claim to Islas des Aves (Bird Islands), 565 km from Venezuelan mainland none
Economic aid - recipient $35 million with more assistance likely as a result of flooding (1999) NA
Economy - overview The petroleum sector dominates the economy, accounting for roughly a third of GDP, around 80% of export earnings, and more than half of government operating revenues. Venezuelan officials estimate that GDP grew by 2.7% in 2001. A strong rebound in international oil prices fueled the recovery from the steep recession in 1999. Nevertheless, a weak nonoil sector and capital flight - and a temporary fall in oil prices - undercut the recovery. In early 2002, President CHAVEZ changed the exchange rate regime from a crawling peg to a free floating exchange rate, causing the bolivar to depreciate significantly. Bermuda enjoys one of the highest per capita incomes in the world, nearly equal to that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. The effects of 11 September 2001 have had both positive and negative ramifications for Bermuda. On the positive side, a number of new reinsurance companies have located on the island, contributing to the expansion of an already robust international business sector. On the negative side, Bermuda's tourism industry - which derives over 80% of its visitors from the US - was severely hit as American tourists chose not to travel. Tourism rebounded somewhat in 2002-04. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited, only 20% of the land being arable.
Electricity - consumption 75.101 billion kWh (2000) 598 million kWh (2002)
Electricity - exports 0 kWh (2000) 0 kWh (2002)
Electricity - imports 0 kWh (2000) 0 kWh (2002)
Electricity - production 80.754 billion kWh (2000) 643 million kWh (2002)
Electricity - production by source fossil fuel: 23%


hydro: 77%


nuclear: 0%


other: 0% (2000)
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Elevation extremes lowest point: Caribbean Sea 0 m


highest point: Pico Bolivar (La Columna) 5,007 m
lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 m
Environment - current 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 asbestos disposal; water pollution; preservation of open space; sustainable development
Environment - international agreements party to: Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


signed, but not ratified: Marine Dumping
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Ethnic groups Spanish, Italian, Portuguese, Arab, German, African, indigenous people black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
Exchange rates bolivares per US dollar - 761.225 (January 2002), 723.666 (2001), 679.960 (2000), 605.717 (1999), 547.556 (1998), 488.635 (1997) Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
Executive branch chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL (since 28 April 2002); 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 Jose Vicente RANGEL (since 28 April 2002); note - the president is both the chief of state and head of government


cabinet: Council of Ministers appointed by the president


elections: president elected by popular vote for a six-year term; election last held 30 July 2000 (next to be held NA 2006)


election results: Hugo CHAVEZ Frias reelected president; percent of vote - 60%
chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Sir John VEREKER (since 11 April 2002)


head of government: Premier William Alexander SCOTT (since 24 July 2003); Deputy Premier Ewart BROWN


cabinet: Cabinet nominated by the premier, appointed by the governor


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports $29.5 billion f.o.b. (2001) NA
Exports - commodities petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures reexports of pharmaceuticals
Exports - partners US 60%, Brazil 5.5%, Colombia 3.5%, Italy 3.5%, Spain 3.4% (2000) France 73.2%, UK 6.2%, Spain 2.4% (2004)
Fiscal year calendar year 1 April - 31 March
Flag description 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 seven white five-pointed stars centered in the blue band red, with the flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP purchasing power parity - $146.2 billion (2001 est.) -
GDP - composition by sector agriculture: 5%


industry: 40%


services: 55% (2001 est.)
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - per capita purchasing power parity - $6,100 (2001 est.) purchasing power parity - $36,000 (2003 est.)
GDP - real growth rate 2.7% (2001 est.) 2% (2003 est.)
Geographic coordinates 8 00 N, 66 00 W 32 20 N, 64 45 W
Geography - note on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Heliports 1 (2002) -
Highways total: 96,155 km


paved: 32,308 km


unpaved: 63,847 km (1997 est.)
total: 450 km


paved: 450 km


unpaved: 0 km


note: public roads - 209 km; private roads - 241 km (2002)
Household income or consumption by percentage share lowest 10%: 2%


highest 10%: 38% (1997) (1997)
lowest 10%: NA


highest 10%: NA
Illicit drugs 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 $18.4 billion f.o.b. (2001) NA
Imports - commodities raw materials, machinery and equipment, transport equipment, construction materials machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners US 35.8%, Colombia 6.8%, Brazil 4.5%, Germany 3.9%, Italy 3.9% (2000) Kazakhstan 39.2%, France 16.2%, Japan 13.1%, Italy 9.2%, South Korea 8.8%, US 6.4% (2004)
Independence 5 July 1811 (from Spain) none (overseas territory of the UK)
Industrial production growth rate NA% NA%
Industries petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly tourism, international business, light manufacturing
Infant mortality rate 24.58 deaths/1,000 live births (2002 est.) total: 8.53 deaths/1,000 live births


male: 10.14 deaths/1,000 live births


female: 6.9 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 12.3% (2001) (2001) 3.3% (mid-2003 est.)
International organization participation CAN, Caricom (observer), CCC, CDB, ECLAC, FAO, G-3, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO Caricom (associate), ICFTU, Interpol (subbureau), IOC, UPU, WCO, Egmont Group, Caribbean Financial Action Task Force
Internet Service Providers (ISPs) 16 (2000) -
Irrigated land 540 sq km (1998 est.) NA
Judicial branch Supreme Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) Supreme Court; Court of Appeal; Magistrate Courts
Labor force 9.9 million (1999) (1999) 37,470 (2000)
Labor force - by occupation services 64%, industry 23%, agriculture 13% (1997 est.) agriculture and fishing 3%, laborers 17%, clerical 22%, professional and technical 17%, administrative and managerial 13%, sales 8%, services 20% (2000 est.)
Land boundaries total: 4,993 km


border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
0 km
Land use arable land: 2.99%


permanent crops: 0.96%


other: 96.05% (1998 est.)
arable land: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2001)
Languages Spanish (official), numerous indigenous dialects English (official), Portuguese
Legal system based on organic laws as of July 1999; open, adversarial court system; has not accepted compulsory ICJ jurisdiction English law
Legislative branch unicameral National Assembly or Asamblea Nacional (165 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)


elections: last held 30 July 2000 (next to be held NA 2005)


election results: percent of vote by party - NA%; seats by party - pro-government 108 (MVR 92, MAS 6, indigenous 3, other 7), opposition 57 (AD 33, COPEI 6, Justice First 5, other 13)
bicameral Parliament consists of the Senate (an 11-member body appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 24 July 2003 (next to be held July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 73.56 years


male: 70.53 years


female: 76.81 years (2002 est.)
total population: 77.79 years


male: 75.7 years


female: 79.91 years (2005 est.)
Literacy definition: age 15 and over can read and write


total population: 91.1%


male: 91.8%


female: 90.3% (1995 est.)
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (1970 est.)
Location Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references South America North America
Maritime claims contiguous zone: 15 NM


continental shelf: 200-m depth or to the depth of exploitation


exclusive economic zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine total: 45 ships (1,000 GRT or over) totaling 716,361 GRT/1,267,095 DWT


ships by type: bulk 7, cargo 9, liquefied gas 3, passenger/cargo 1, petroleum tanker 14, roll on/roll off 10, short-sea passenger 1


note: includes some foreign-owned ships registered here as a flag of convenience: Denmark 1, Greece 1, Italy 1, United Kingdom 1, United States 2 (2002 est.)
total: 108 ships (1,000 GRT or over) 4,845,326 GRT/6,501,782 DWT


by type: bulk carrier 22, cargo 6, container 22, liquefied gas 13, passenger 13, passenger/cargo 6, petroleum tanker 8, refrigerated cargo 11, roll on/roll off 7


foreign-owned: 103 (Australia 2, Canada 20, Finland 2, Germany 1, Greece 1, Hong Kong 5, Indonesia 1, Nigeria 8, Norway 5, Sweden 9, Switzerland 2, United Kingdom 27, United States 20)


registered in other countries: 1 (2005)
Military - note - defense is the responsibility of the UK
Military branches National Armed Forces (Fuerzas Armadas Nacionales or FAN) includes Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada - including marines and Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) Bermuda Regiment
Military expenditures - dollar figure $934 million (FY99) $4.03 million (2001)
Military expenditures - percent of GDP 0.9% (FY99) 0.11% (FY00/01)
Military manpower - availability males age 15-49: 6,647,718 (2002 est.) -
Military manpower - fit for military service males age 15-49: 4,786,849 (2002 est.) -
Military manpower - military age 18 years of age (2002 est.) -
Military manpower - reaching military age annually males: 246,185 (2002 est.) -
National holiday Independence Day, 5 July (1811) Bermuda Day, 24 May
Nationality noun: Venezuelan(s)


adjective: Venezuelan
noun: Bermudian(s)


adjective: Bermudian
Natural hazards subject to floods, rockslides, mudslides; periodic droughts hurricanes (June to November)
Natural resources petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds limestone, pleasant climate fostering tourism
Net migration rate -0.11 migrant(s)/1,000 population (2002 est.) 2.45 migrant(s)/1,000 population (2005 est.)
Pipelines crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km -
Political parties and leaders Democratic Action or AD [Claudio FERMIN]; Fifth Republic Movement or MVR [Garcia PONCE]; Homeland for All or PPT [Jose ALBORNIZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Antonio HERRERA]; Social Christian Party or COPEI [Oswaldo ALVAREZ Paz]; Venezuela Project or PV [Henrique SALAS Romer] Progressive Labor Party or PLP [William Alexander SCOTT]; United Bermuda Party or UBP [Grant GIBBONS]
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) Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 24,287,670 (July 2002 est.) 65,365 (July 2005 est.)
Population below poverty line 67% (1997 est.) 19% (2000)
Population growth rate 1.52% (2002 est.) 0.64% (2005 est.)
Ports and harbors Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon Hamilton, Saint George
Radio broadcast stations AM 201, FM NA (20 in Caracas), shortwave 11 (1998) AM 5, FM 3, shortwave 0 (2004)
Radios 10.75 million (1997) -
Railways total: 682 km


standard gauge: 682 km 1.435-m gauge


note: 248 km of the existing system are privately owned; passenger services are nonexistent; however, a National Railways Plan, intended to provide a significant railway system, has been initiated (2001)
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Religions nominally Roman Catholic 96%, Protestant 2%, other 2% Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
Sex ratio at birth: 1.07 male(s)/female


under 15 years: 1.07 male(s)/female


15-64 years: 1.01 male(s)/female


65 years and over: 0.84 male(s)/female


total population: 1.02 male(s)/female (2002 est.)
at birth: 1.02 male(s)/female


under 15 years: 1 male(s)/female


15-64 years: 0.98 male(s)/female


65 years and over: 0.77 male(s)/female


total population: 0.96 male(s)/female (2005 est.)
Suffrage 18 years of age; universal 18 years of age; universal
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: 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
general assessment: good


domestic: fully automatic digital telephone system; fiber optic trunk lines


international: country code - 1-441; 3 fiber optic submarine cables; satellite earth stations - 3 Intelsat (Atlantic Ocean)
Telephones - main lines in use 2.6 million (however, 3,500,000 have been installed) (1998) 56,000 (2002)
Telephones - mobile cellular 2 million (1998) 37,873 (2003)
Television broadcast stations 66 (plus 45 repeaters) (1997) 4 (2004)
Terrain Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast low hills separated by fertile depressions
Total fertility rate 2.41 children born/woman (2002 est.) 1.89 children born/woman (2005 est.)
Unemployment rate 14.1% (2001 est.) 5% (2002 est.)
Waterways 7,100 km


note: Rio Orinoco and Lago de Maracaibo accept oceangoing vessels
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