Today's featured
country is
Venezuela
VEN | VE | 862
Location
- Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
- note 1: the country lies on major sea and air routes linking North and South America note 2: Venezuela has some of the most unique geology in the world; tepuis are the massive table-top mountains of the western Guiana Highlands that tend to be isolated and thus support unique endemic plant and animal species; their sheer cliffsides help create some of the most spectacular waterfalls in the world, including Angel Falls, the world's highest (979 m; 3,212 ft) that drops from Auyan Tepui
Population
-
The total population of Venezuela is
28,870,195
-
Ethnic Breakdown:
unspecified Spanish, Italian, Portuguese, Arab, German, African, Indigenous
-
Population below Poverty Line:
33.1% (2015 est.)note: % of population with income below national poverty line
-
Population Distribution:
most of the population is concentrated in the northern and western highlands along an eastern spur at the northern end of the Andes, an area that includes the capital of Caracas
-
Nationality:
noun: Venezuelan(s)adjective: Venezuelan
-
Urbanization:
urban population: 88.4% of total population (2023)rate of urbanization: 1.16% annual rate of change (2020-25 est.)
Notable Population Centers
| City |
Population |
Note |
|
Caracas
|
3,000,000
|
Capital
|
|
Maracaibo
|
1,752,602
|
|
|
Valencia
|
1,619,470
|
|
|
Barquisimeto
|
1,240,714
|
|
|
Ciudad Guayana
|
978,202
|
|
|
Barcelona
|
815,141
|
|
|
Maturín
|
647,459
|
|
|
Maracay
|
464,700
|
|
|
Ciudad Bolívar
|
412,619
|
|
|
Cumaná
|
405,626
|
|
Size
-
352,143
square miles
-
912,050
square kilometers
- almost six times the size of Georgia; slightly more than twice the size of California
History
Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830, the others being Ecuador and New Granada (Colombia). For most of the first half of the 20th century, military strongmen ruled Venezuela and promoted the oil industry while allowing some social reforms. Democratically elected governments largely held sway until 1999, but Hugo CHAVEZ, who was president from 1999 to 2013, exercised authoritarian control over other branches of government. This trend continued in 2018 when Nicolas MADURO claimed the presidency for his second term in an election boycotted by most opposition parties and widely viewed as fraudulent. The legislative elections in 2020 were also seen as fraudulent, and most opposition parties and many international actors consider the resulting National Assembly illegitimate. In 2021, many opposition parties broke a three-year election boycott and participated in mayoral and gubernatorial elections, despite flawed conditions. As a result, the opposition more than doubled its representation at the mayoral level and retained four of 23 governorships. The 2021 regional elections marked the first time since 2006 that the EU was allowed to send an electoral observation mission to Venezuela.MADURO has placed strong restrictions on free speech and the press. Since CHAVEZ, the ruling party has expanded the state's role in the economy through expropriations of major enterprises, strict currency exchange and price controls, and over-dependence on the petroleum industry for revenues. Years of economic mismanagement left Venezuela ill-prepared to weather the global drop in oil prices in 2014, sparking an economic decline that has resulted in reduced government social spending, shortages of basic goods, and high inflation. Worsened living conditions have prompted nearly 8 million Venezuelans to emigrate, mainly settling in nearby countries. The US imposed financial sanctions on MADURO and his representatives in 2017 and on sectors of the Venezuelan economy in 2018. Limited sanctions relief followed when the MADURO administration began making democratic and electoral concessions. The government's mismanagement and lack of investment in infrastructure has also weakened the country's energy sector. Caracas has relaxed some controls to mitigate the impact of its sustained economic crisis, such as allowing increased import flexibility for the private sector and the informal use of US dollars and other international currencies. Ongoing concerns include human rights abuses, rampant violent crime, political manipulation of the judicial and electoral systems, and corruption.
Climate
tropical; hot, humid; more moderate in highlands
Terrain
Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
Languages
Spanish (official) 98.2%, indigenous 1.3%, Portuguese 0.1%, other 0.4% (2023 est.)major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)The World Factbook, the indispensable source for basic information.
Religions
Roman Catholic 48.1%, Protestant 31.6% (Evangelical 31.4%, Adventist 0.2%), Jehovah's Witness 1.4%, African American/umbanda 0.7%, other 0.1%, believer 3.5%, agnostic 0.1%, atheist, 0.4%, none 13.6%, unspecified 0.6% (2023 est.)
Government
federal presidential republic
-
Constitution:
history: many previous; latest adopted 15 December 1999, effective 30 December 1999amendment process: proposed through agreement by at least 39% of the National Assembly membership, by the president of the republic in session with the cabinet of ministers, or by petition of at least 15% of registered voters; passage requires simple majority vote by the Assembly and simple majority approval in a referendum
-
Political Parties and Leaders:
n/a
-
Suffrage:
18 years of age; universal
-
Legal System:
civil law system based on the Spanish civil code
-
Executive Branch:
chief of state: Notification Statement: the United States does not recognize Nicolas MADURO Moros as president of VenezuelaPresident Nicolas MADURO Moros (since 19 April 2013)head of government: President Nicolas MADURO Moros (since 19 April 2013)cabinet: Council of Ministers appointed by the presidentelection/appointment process: president directly elected by simple-majority popular vote for a 6-year term (no term limits)most recent election date: 28 July 2024election results: 2024: official results disputed; Nicolas MADURO Moros was declared the winner by the MADURO-controlled National Electoral Council; percent of vote - Nicolas MADURO Moros (PSUV) 52%, Edmundo GONZÁLEZ Urrutia (Independent) 43.2%, Luis Eduardo MARTÍNEZ (AD) 1.2%, other 3.6%2018: Nicolas MADURO Moros reelected president; percent of vote - Nicolas MADURO Moros (PSUV) 67.9%, Henri FALCON (AP) 20.9%, Javier BERTUCCI 10.8%expected date of next election: 2030note 1: the president is both chief of state and head of governmentnote 2: the United States recognizes that Edmundo GONZÁLEZ won the most votes in the 28 July 2024 presidential election because of overwhelming evidence, including more than 80% of the tally sheets received directly from polling stations that indicated GONZÁLEZ received the most votes by an insurmountable margin
-
Judicial Branch:
highest court(s): Supreme Tribunal of Justice (consists of 32 judges organized into constitutional, political-administrative, electoral, civil appeals, criminal appeals, and social divisions)judge selection and term of office: judges proposed by the Committee of Judicial Postulation (an independent body of organizations dealing with legal issues and of the organs of citizen power) and appointed by the National Assembly; judges serve nonrenewable 12-year termssubordinate courts: Superior or Appeals Courts (Tribunales Superiores); District Tribunals (Tribunales de Distrito); Courts of First Instance (Tribunales de Primera Instancia); Parish Courts (Tribunales de Parroquia); Justices of the Peace (Justicia de Paz) Network
-
Legislative Branch:
legislature name: National Assembly (Asamblea Nacional)legislative structure: unicameralnumber of seats: 277 (all directly elected)electoral system: mixed systemscope of elections: full renewalterm in office: 5 yearsmost recent election date: 5/25/2025percentage of women in chamber: 32.1%expected date of next election: May 2030note: in 2020, the National Electoral Council increased the number of seats in the National Assembly from 167 to 277 for the December 2020 election
Demographic Profile
n/a
Economy
- South American economy; ongoing hyperinflation since mid-2010s; chaotic economy due to political corruption, infrastructure cuts, and human rights abuses; in debt default; oil exporter; hydropower consumer; rising Chinese relations
-
Budget:
revenues: $30 million (2017 est.)expenditures: $76 million (2017 est.)
-
Credit Rating:
n/a
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Natural Resources:
petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
-
Industries:
agricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, pharmaceuticals, chemicals, iron and steel products, crude oil and petroleum products
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Agricultural Products:
milk, sugarcane, maize, rice, plantains, oil palm fruit, bananas, chicken, pineapples, potatoes (2023)note: top ten agricultural products based on tonnage
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Land Use:
agricultural land: 24.4% (2022 est.)arable land: 2.9% (2022 est.)permanent crops: 0.8% (2022 est.)permanent pasture: 20.6% (2022 est.)forest: 52.3% (2022 est.)other: 23.3% (2022 est.)
-
Labor Force by Occupation:
n/a
- Imports
-
Imported Commodities:
refined petroleum, soybean meal, corn, plastic products, vehicle parts/accessories (2023)note: top five import commodities based on value in dollars
-
Import Partners:
China 35%, USA 24%, Brazil 12%, Colombia 7%, Turkey 4% (2023)note: top five import partners based on percentage share of imports
- Exports
-
Exported Commodities:
crude petroleum, petroleum coke, scrap iron, alcohols, fertilizers (2023)note: top five export commodities based on value in dollars
-
Export Partners:
USA 50%, China 10%, Spain 9%, Brazil 6%, Turkey 5% (2023)note: top five export partners based on percentage share of exports
Additional Resources
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