Venezuela (2005) | Venezuela (2004) | |
Age structure | 0-14 years: 29.9% (male 3,909,876/female 3,667,958)
15-64 years: 65% (male 8,287,255/female 8,209,599) 65 years and over: 5.1% (male 590,236/female 710,357) (2005 est.) |
0-14 years: 30.5% (male 3,930,413; female 3,687,744)
15-64 years: 64.5% (male 8,107,382; female 8,034,905) 65 years and over: 5% (male 571,289; female 685,654) (2004 est.) |
Airports | 369 (2004 est.) | 368 (2003 est.) |
Background | Venezuela was one of 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: a polarized political environment, 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. | Venezuela was one of 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: a polarized political environment, 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. |
Birth rate | 18.91 births/1,000 population (2005 est.) | 19.34 births/1,000 population (2004 est.) |
Budget | revenues: $26.91 billion
expenditures: $30.7 billion, including capital expenditures of $2.6 billion (2004 est.) |
revenues: $19.33 billion
expenditures: $24.34 billion, including capital expenditures of $2.6 billion (2003) |
Currency | - | bolivar (VEB) |
Death rate | 4.9 deaths/1,000 population (2005 est.) | 4.9 deaths/1,000 population (2004 est.) |
Debt - external | $33.29 billion (2004 est.) | $32.51 billion (2003) |
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, and San Juan (Puerto Rico) |
chief of mission: Ambassador Bernardo ALVAREZ
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) |
Disputes - international | 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 UNCLOS that the 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 | claims all of the area west of the Essequibo River, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before UNCLOS that the Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; maritime boundary dispute with Colombia in the Gulf of Venezuela and the Caribbean Sea; 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 |
Economy - overview | 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. 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. Despite continued domestic instability, output recovered strongly in 2004, aided by high oil prices. Both inflation and unemployment remain fundamental problems. | Venezuela continues to be highly dependent on the petroleum sector, which accounts for roughly one-third of GDP, around 80% of export earnings, and more than half of government operating revenues. Despite higher oil prices at the end of 2002 and into 2003, domestic political instability, culminating in 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. In late 2003, President CHAVEZ committed himself to $1 billion in new social programs, money the government does not have. |
Electricity - consumption | 89.3 billion kWh (2003) | 81.47 billion kWh (2001) |
Electricity - exports | 450 million kWh (2003) | 0 kWh (2001) |
Electricity - imports | 30 million kWh (2003) | 0 kWh (2001) |
Electricity - production | 89.7 billion kWh (2003) | 87.6 billion kWh (2001) |
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 |
party to: Antarctic Treaty, Biodiversity, Climate Change, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands |
Exchange rates | bolivares per US dollar - 1,891.3 (2004), 1,607 (2003), 1,161 (2002), 723.7 (2001), 680 (2000) | bolivares per US dollar - 1,607.79 (2003), 1,160.95 (2002), 723.666 (2001), 679.96 (2000), 605.717 (1999) |
Executive branch | chief of state: President Hugo CHAVEZ Frias (since 3 February 1999); Vice President Jose Vicente RANGEL Vale (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 Vale (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% note: a special presidential recall vote on 15 August 2004 resulted in a victory for CHAVEZ; percent of vote - 58% in favor of CHAVEZ fulfilling the remaining two years of his term, 42% in favor of terminating his presidency immediately |
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% note: a special presidential recall vote on 15 August 2004 resulted in a victory for CHAVEZ; percent of vote - 58% in favor of CHAVEZ fulfilling the remaining two years of his term, 42% in favor of terminating his presidency immediately |
Exports | 2.1 million bbl/day (2004 est.) | NA (2001) |
Exports - partners | US 55.6%, Netherlands Antilles 4.7%, Dominican Republic 2.8% (2004) | US 52.9%, Netherlands Antilles 5%, Dominican Republic 3% (2003) |
GDP | - | purchasing power parity - $117.9 billion (2003 est.) |
GDP - composition by sector | agriculture: 0.1%
industry: 46.5% services: 53.4% (2004 est.) |
agriculture: 5%
industry: 50% services: 45% (2004 est.) |
GDP - per capita | purchasing power parity - $5,800 (2004 est.) | purchasing power parity - $4,800 (2003 est.) |
GDP - real growth rate | 16.8% (2004 est.) | -9.2% (2003 est.) |
Imports | NA | NA (2001) |
Imports - partners | US 28.8%, Colombia 9.9%, Brazil 7%, Mexico 4.1% (2004) | US 28.8%, Colombia 7%, Brazil 6.6%, Mexico 4.3% (2003) |
Industrial production growth rate | 12.3% (2004 est.) | -15.4% (2003 est.) |
Infant mortality rate | total: 22.2 deaths/1,000 live births
male: 25.31 deaths/1,000 live births female: 18.85 deaths/1,000 live births (2005 est.) |
total: 22.99 deaths/1,000 live births
male: 26.18 deaths/1,000 live births female: 19.57 deaths/1,000 live births (2004 est.) |
Inflation rate (consumer prices) | 22.4% (2004 est.) | 31.1% (2003 est.) |
International organization participation | CAN, CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO | CAN, CDB, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO |
Labor force | 12.25 million (2004 est.) | 11.38 million (2003) |
Legal system | open, adversarial court system | based on organic laws as of July 1999; open, adversarial court system; has not accepted compulsory ICJ jurisdiction |
Life expectancy at birth | total population: 74.31 years
male: 71.27 years female: 77.58 years (2005 est.) |
total population: 74.06 years
male: 71.02 years female: 77.32 years (2004 est.) |
Merchant marine | total: 56 ships (1,000 GRT or over) 740,919 GRT/1,191,483 DWT
by type: bulk carrier 4, cargo 16, chemical tanker 1, container 1, liquefied gas 5, passenger/cargo 9, petroleum tanker 19, roll on/roll off 1 foreign-owned: 9 (Denmark 2, Greece 1, Hong Kong 2, Mexico 1, Russia 2, Spain 1) registered in other countries: 20 (2005) |
total: 48 ships (1,000 GRT or over) 740,919 GRT/1,191,483 DWT
by type: bulk 6, cargo 7, container 2, liquefied gas 5, multi-functional large load carrier 1, passenger 1, passenger/cargo 1, petroleum tanker 16, roll on/roll off 8, short-sea/passenger 1 foreign-owned: Belgium 1, Denmark 2, Greece 2, Spain 1, United States 2 registered in other countries: 4 (2004 est.) |
Military branches | National Armed Forces (Fuerzas Armadas Nacionales, 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) | 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) |
Military expenditures - dollar figure | $1.687 billion (2004) | $1,125.6 million (2003) |
Military expenditures - percent of GDP | 1.5% (2004) | 1.3% (2003) |
Military manpower - availability | - | males age 15-49: 6,886,775 (2004 est.) |
Military manpower - fit for military service | - | males age 15-49: 4,953,803 (2004 est.) |
Military manpower - reaching military age annually | - | males: 250,730 (2004 est.) |
Net migration rate | 0 migrant(s)/1,000 population (2005 est.) | -0.04 migrant(s)/1,000 population (2004 est.) |
Political parties and leaders | Democratic Action or AD [Jesus MENDEZ Quijada]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Homeland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Eduardo FERNANDEZ]; Venezuela Project or PV [Henrique SALAS Romer] | Democratic Action or AD [Henry RAMOS Allup]; Fifth Republic Movement or MVR [Hugo CHAVEZ]; Homeland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; National Convergence or Convergencia [Juan Jose CALDERA]; Radical Cause or La Causa R [Andres VELASQUEZ]; Social Christian Party or COPEI [Eduardo FERNANDEZ]; Venezuela Project or PV [Henrique SALAS Romer] |
Population | 25,375,281 (July 2005 est.) | 25,017,387 (July 2004 est.) |
Population growth rate | 1.4% (2005 est.) | 1.44% (2004 est.) |
Ports and harbors | Amuay, La Guaira, Maracaibo, Puerto Cabello, Punta Cardon | Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon |
Railways | total: 682 km
standard gauge: 682 km 1.435-m gauge (2004) |
total: 682 km
standard gauge: 682 km 1.435-m gauge (2003) |
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: 0.83 male(s)/female total population: 1.02 male(s)/female (2005 est.) |
at birth: 1.08 male(s)/female
under 15 years: 1.07 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.83 male(s)/female total population: 1.02 male(s)/female (2004 est.) |
Total fertility rate | 2.26 children born/woman (2005 est.) | 2.31 children born/woman (2004 est.) |
Unemployment rate | 17.1% (2004 est.) | 18% (2003 est.) |