Venezuela

Location: Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana

Geographic coordinates: 8 00 N, 66 00 W

Map references: South America

Area:
total: 912,050 sq km
land: 882,050 sq km
water: 30,000 sq km

Area - comparative: slightly more than twice the size of California

Land boundaries:
total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km

Coastline: 2,800 km

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

Climate: tropical; hot, humid; more moderate in highlands

Terrain: Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast

Elevation extremes:
lowest point: Caribbean Sea 0 m
highest point : Pico Bolivar (La Columna) 5,007 m

Natural resources: petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds

Land use:
arable land : 4%
permanent crops: 1%
permanent pastures : 20%
forests and woodland: 34%
other: 41% (1993 est.)

Irrigated land: 1,900 sq km (1993 est.)

Natural hazards: subject to floods, rockslides, mud slides; periodic droughts

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

Environment - international agreements:
party to : Biodiversity, Climate Change, Endangered Species, Marine Life Conservation, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Wetlands
signed, but not ratified: Hazardous Wastes, Marine Dumping, Tropical Timber 94

Geography - note: on major sea and air routes linking North and South America

Population: 22,396,407 (July 1997 est.)

Age structure:
0-14 years : 34% (male 3,964,886; female 3,720,984)
15-64 years: 61% (male 6,877,890; female 6,838,799)
65 years and over: 5% (male 456,182; female 537,666) (July 1997 est.)

Population growth rate: 1.83% (1997 est.)

Birth rate: 23.67 births/1,000 population (1997 est.)

Death rate: 5.03 deaths/1,000 population (1997 est.)

Net migration rate: -0.32 migrant(s)/1,000 population (1997 est.)

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 : 0.85 male(s)/female
total population: 1.02 male(s)/female (1997 est.)

Infant mortality rate: 28.5 deaths/1,000 live births (1997 est.)

Life expectancy at birth:
total population : 72.37 years
male: 69.4 years
female : 75.58 years (1997 est.)

Total fertility rate: 2.78 children born/woman (1997 est.)

Nationality:
noun: Venezuelan(s)
adjective: Venezuelan

Ethnic groups: mestizo 67%, white 21%, black 10%, Amerindian 2%

Religions: nominally Roman Catholic 96%, Protestant 2%

Languages: Spanish (official), native dialects spoken by about 200,000 Amerindians in the remote interior

Literacy:
definition : age 15 and over can read and write
total population: 91.1%
male: 91.8%
female: 90.3% (1995 est.)

Country name:
conventional long form: Republic of Venezuela
conventional short form: Venezuela
local long form: Republica de Venezuela
local short form : Venezuela

Data code: VE

Government type: republic

National capital: Caracas

Administrative divisions: 22 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, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands

Independence: 5 July 1811 (from Spain)

National holiday: Independence Day, 5 July (1811)

Constitution: 23 January 1961

Legal system: based on Napoleonic code; judicial review of legislative acts in Cassation Court only; has not accepted compulsory ICJ jurisdiction

Suffrage: 18 years of age; universal

Executive branch:
chief of state: President Rafael CALDERA Rodriguez (since 2 February 1994); note - the president is both the chief of state and head of government
head of government: President Rafael CALDERA Rodriguez (since 2 February 1994); 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 five-year term; election last held 5 December 1993 (next to be held NA December 1998)
election results : Rafael CALDERA Rodriguez elected president; percent of vote - Rafael CALDERA Rodriguez (National Convergence) 30.45%, Claudio FERMIN (AD) 23.59%, Oswaldo ALVAREZ PAZ (COPEI) 22.72%, Andres VELASQUEZ (Causa R) 21.94%, other 1.3%

Legislative branch: bicameral Congress of the Republic or Congreso de la Republica consists of the Senate or Senado (53 seats, two from each state and the Federal District, and retired presidents; members are elected by popular vote to serve five-year terms) and Chamber of Deputies or Camara de Diputados (203 seats; members are elected by popular vote to serve five-year terms)
elections: Senate - last held 5 December 1993 (next to be held NA December 1998); Chamber of Deputies - last held 5 December 1993 (next to be held NA December 1998)
election results: Senate - percent of vote by party - NA; seats by party - AD 18, COPEI 15, Causa R 9, MAS 5, National Convergence 6; note - three former presidents (2 from AD, 1 from COPEI) hold lifetime Senate seats; Chamber of Deputies - percent of vote by party - AD 27.9%, COPEI 26.9%, MAS 12.4%, National Convergence 12.9%, Causa R 19.9%; seats by party - AD 55, COPEI 53, MAS 24, National Convergence 26, Causa R 40, other 5

Judicial branch: Supreme Court of Justice (Corte Suprema de Justicia), magistrates are elected by both chambers in joint session

Political parties and leaders: National Convergence (Convergencia), Jose Miguel UZCATEGUI, president, Juan Jose CALDERA, national coordinator; Social Christian Party (COPEI), Luis HERRERA Campins, president, and Donald RAMIREZ, secretary general; Democratic Action (AD), Pedro PARIS Montesinos, president, and Luis ALFARO Ucero, secretary general; Movement Toward Socialism (MAS), Gustavo MARQUEZ, president, and Enrique OCHOA Antich, secretary general; Radical Cause (La Causa R), Lucas MATHEUS, secretary general

Political pressure groups and leaders: FEDECAMARAS, a conservative business group; Venezuelan Confederation of Workers (CTV, labor organization dominated by the Democratic Action); VECINOS groups

International organization participation: AG, BCIE, Caricom (observer), CCC, CDB, ECLAC, FAO, G- 3, G-11, G-15, G-19, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA, MINURSO, NAM, OAS, OPANAL, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNIKOM, UNU, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO

Diplomatic representation in the US:
chief of mission: Ambassador Pedro Luis ECHEVERRIA
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)

Diplomatic representation from the US:
chief of mission : Ambassador John Francis MAISTO
embassy: Calle F con Calle Suapure, Colinas de Valle Arriba, Caracas 1060
mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037
telephone: [58] (2) 977-2011
FAX: [58] (2) 977-0843

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

Economy - overview: The petroleum sector dominates the economy, accounting for roughly 25% of GDP, 70% of export earnings, and 50% of central government revenues. It is likely to become even more important as the state petroleum company plans to double its production over the next ten years. The non-petroleum sectors have been contracting, however, with GDP shrinking by 1.6% during 1996. Realizing the failure of interventionist policies, the CALDERA administration embarked on a comprehensive reform program and successfully negotiated a $1.4 billion stand-by agreement with the IMF. The state eliminated price and exchange controls, reduced the long-standing subsidy on gasoline, and revitalized its stalled privatization program. Foreign investors reacted positively and the Caracas stock exchange ended 1996 as the world's best performing stock market. The influx of foreign investment and a windfall of oil revenues resulting from higher-than-expected international oil prices raised Venezuela's reserves to over $15 billion. As a result, Venezuela used only the first tranche of the IMF credit - $400 million. The currency depreciated sharply following the exchange liberalization, and caused an inflationary burst that led to a 103% yearly rate of inflation, the highest in Venezuelan history. The bolivar has since strengthened and inflation fell near the end of the year. The macroeconomic adjustments should take hold in 1997, and the economy is expected to grow by 4% or more. Increased salary demands by public and private sector workers, however, threaten a renewal of inflationary pressures.

GDP: purchasing power parity - $197 billion (1996 est.)

GDP - real growth rate: -1.6% (1996)

GDP - per capita: purchasing power parity - $9,000 (1996 est.)

GDP - composition by sector:
agriculture: 5%
industry: 41%
services: 54% (1993)

Inflation rate - consumer price index: 103% (1996)

Labor force:
total: 8.8 million
by occupation : services 64%, industry 23%, agriculture 13% (1993)

Unemployment rate: 13% (1996 est.)

Budget:
revenues: $11.99 billion
expenditures : $11.48 billion, including capital expenditures of $2.3 billion (1996 est.)

Industries: petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly

Industrial production growth rate: 0.5% (1995 est.)

Electricity - capacity: 18.966 million kW (1995)

Electricity - production: 74.886 billion kWh (1995)

Electricity - consumption per capita: 2,887 kWh (1995 est.)

Agriculture - products: corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish

Exports:
total value : $22.8 billion (f.o.b., 1996 est.)
commodities: petroleum 72%, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
partners: US and Puerto Rico 55%, Japan, Netherlands, Italy

Imports:
total value : $10.2 billion (f.o.b., 1996 est.)
commodities: raw materials, machinery and equipment, transport equipment, construction materials
partners: US 40%, Germany, Japan, Netherlands, Canada

Debt - external: $26.5 billion (1996)

Economic aid:
recipient: ODA, $46 million (1993)

Currency: 1 bolivar (Bs) = 100 centimos

Exchange rates: bolivares (Bs) per US$1 - 476.840 (January 1997), 417.333 (1996), 176.843 (1995), 148.503 (1994), 90.826 (1993), 68.376 (1992)

Fiscal year: calendar year

Telephones: 1.44 million (1987 est.)

Telephone system: modern and expanding
domestic: domestic satellite system with 3 earth stations
international: 3 submarine coaxial cables; satellite earth station - 1 Intelsat (Atlantic Ocean)

Radio broadcast stations: AM 181, FM 0, shortwave 26

Radios: 9.04 million (1992 est.)

Television broadcast stations: 59

Televisions: 3.3 million (1992 est.)

Railways:
total : 584 km (336 km single track; 248 km privately owned)
standard gauge: 584 km 1.435-m gauge

Highways:
total: 82,700 km
paved: 32,501 km
unpaved: 50,199 km (1995 est.)

Waterways: 7,100 km; Rio Orinoco and Lago de Maracaibo accept oceangoing vessels

Pipelines: crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km

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

Merchant marine:
total: 28 ships (1,000 GRT or over) totaling 525,123 GRT/933,016 DWT
ships by type: bulk 4, cargo 7, combination bulk 1, container 1, liquefied gas tanker 2, oil tanker 9, passenger-cargo 1, roll-on/roll-off cargo 2, short-sea passenger 1 (1996 est.)

Airports: 360 (1996 est.)

Airports - with paved runways:
total : 261
over 3,047 m: 5
2,438 to 3,047 m: 10
1,524 to 2,437 m: 35
914 to 1,523 m: 58
under 914 m: 153 (1996 est.)

Airports - with unpaved runways:
total: 99
1,524 to 2,437 m: 7
914 to 1,523 m: 92 (1996 est.)

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), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional)

Military manpower - military age: 18 years of age

Military manpower - availability:
males age 15-49 : 5,997,099 (1997 est.)

Military manpower - fit for military service:
males: 4,333,497 (1997 est.)

Military manpower - reaching military age annually:
males: 238,650 (1997 est.)

Military expenditures - dollar figure: $902 million (1996)

Military expenditures - percent of GDP: 1.4% (1996)

Disputes - international: claims all of Guyana west of the Essequibo River; maritime boundary dispute with Colombia in the Gulf of Venezuela

Illicit drugs: illicit producer of cannabis, opium, and coca leaf for the international drug trade on a small scale; however, large quantities of cocaine and heroin transit the country from Colombia; important money-laundering hub; active aerial eradication program primarily targeting opium