1992 Edition
CIA World Factbook 1992 (Project Gutenberg)
Geography
Climate
tropical; hot, humid; more moderate in highlands
Coastline
2,800 km
Comparative area
slightly more than twice the size of California
Contiguous zone
15 nm
Continental shelf
200 m (depth) or to depth of exploitation
Disputes
claims all of Guyana west of the Essequibo river; maritime boundary dispute with Colombia in the Gulf of Venezuela
Environment
subject to floods, rockslides, mudslides; periodic droughts; increasing industrial pollution in Caracas and Maracaibo
Exclusive economic zone
200 nm
Land area
882,050 km2
Land boundaries
4,993 km total; Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
Land use
arable land 3%; permanent crops 1%; meadows and pastures 20%; forest and woodland 39%; other 37%; includes irrigated NEGL%
Natural resources
crude oil, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Note
on major sea and air routes linking North and South America
Terrain
Andes mountains and Maracaibo lowlands in northwest; central plains (llanos); Guyana highlands in southeast
Territorial sea
12 nm
Total area
912,050 km2
People and Society
Birth rate
27 births/1,000 population (1992)
Death rate
4 deaths/1,000 population (1992)
Ethnic divisions
mestizo 67%, white 21%, black 10%, Indian 2%
Infant mortality rate
23 deaths/1,000 live births (1992)
Labor force
5,800,000; services 56%, industry 28%, agriculture 16% (1985)
Languages
Spanish (official); Indian dialects spoken by about 200,000 Amerindians in the remote interior
Life expectancy at birth
71 years male, 78 years female (1992)
Literacy
88% (male 87%, female 90%) age 15 and over can read and write (1981 est.)
Nationality
noun - Venezuelan(s); adjective - Venezuelan
Net migration rate
1 migrant/1,000 population (1992)
Organized labor
32% of labor force
Population
20,675,970 (July 1992), growth rate 2.4% (1992)
Religions
nominally Roman Catholic 96%, Protestant 2%
Total fertility rate
3.3 children born/woman (1992)
Government
Administrative divisions
21 states (estados, singular - estado), 1 territory* (territorios, singular - territorio), 1 federal district** (distrito federal), and 1 federal dependence*** (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 dependence consists of 11 federally controlled island groups with a total of 72 individual islands
Capital
Caracas
Chamber of Deputies
last held 4 December 1988 (next to be held NA December 1993); results - AD 43.7%, COPEI 31.4%, MAS 10.3%, other 14.6%; seats - (201 total) AD 97, COPEI 67, MAS 18, other 19
Chief of State and Head of Government
President Carlos Andres PEREZ (since 2 February 1989)
Communists
10,000 members (est.)
Constitution
23 January 1961
Diplomatic representation
Ambassador Simon Alberto CONSALVI Bottaro; Chancery at 1099 30th Street NW, Washington, DC 20007; telephone (202) 342-2214; there are Venezuelan Consulates General in Baltimore, Boston, Chicago, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, and San Juan (Puerto Rico) US: Ambassador Michael Martin SKOL; Embassy at Avenida Francisco de Miranda and Avenida Principal de la Floresta, Caracas (mailing address is P. O. Box 62291, Caracas 1060-A, or APO AA 34037); telephone [58] (2) 285-2222; FAX [58] (2) 285-0336; there is a US Consulate in Maracaibo
Executive branch
president, Council of Ministers (cabinet)
Flag
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
Independence
5 July 1811 (from Spain)
Judicial branch
Supreme Court of Justice (Corte Suprema de Justica)
Legal system
based on Napoleonic code; judicial review of legislative acts in Cassation Court only; has not accepted compulsory ICJ jurisdiction
Legislative branch
bicameral Congress of the Republic (Congreso de la Republica) consists of an upper chamber or Senate (Senado) and a lower chamber or Chamber of Deputies (Camara de Diputados)
Long-form name
Republic of Venezuela
Member of
AG, CDB, CG, ECLAC, FAO, G-3, G-11, G-19, G-24, G-77, GATT, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, IFAD, IFC, ILO, IMF, IMO, INTELSAT, INTERPOL, IOC, IOM, ISO, ITU, LAES, LAIA, LORCS, NAM, OAS, OPANAL, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WTO
National holiday
Independence Day, 5 July (1811)
Other political or pressure groups
FEDECAMARAS, a conservative business group; Venezuelan Confederation of Workers, the Democratic Action - dominated labor organization
Political parties and leaders
Social Christian Party (COPEI), Hilarion CARDOZO, president, and Eduardo FERNANDEZ, secretary general; Democratic Action (AD), Humberto CELLI, president, and Luis ALFARO Ucero, secretary general; Movement Toward Socialism (MAS), Argelia LAYA, president, and Freddy MUNOZ, secretary general
President
last held 4 December 1988 (next to be held NA December 1993); results - Carlos Andres PEREZ (AD) 54.6%, Eduardo FERNANDEZ (COPEI) 41.7%, other 3.7%
Senate
last held 4 December 1988 (next to be held NA December 1993); results - percent of vote by party NA; seats - (49 total) AD 23, COPEI 22, other 4; note - 3 former presidents (1 from AD, 2 from COPEI) hold lifetime senate seats
Suffrage
universal at age 18
Type
republic
Economy
Agriculture
accounts for 6% of GDP and 16% of labor force; products - corn, sorghum, sugarcane, rice, bananas, vegetables, coffee, beef, pork, milk, eggs, fish; not self-sufficient in food other than meat
Budget
revenues $13.2 billion; expenditures $13.1 billion, including capital expenditures of $NA (1991)
Currency
bolivar (plural - bolivares); 1 bolivar (Bs) = 100 centimos
Economic aid
US commitments, including Ex-Im (FY70-86), $488 million; Communist countries (1970-89), $10 million
Electricity
20,128,000 kW capacity; 55,753 million kWh produced, 2,762 kWh per capita (1991)
Exchange rates
bolivares (Bs) per US$1 - 65.39 (March 1992), 56.82 (1991), 46.90 (1990), 34.68 (1989), 14.50 (fixed rate 1987-88)
Exports
$15.1 billion (f.o.b., 1991 est.) commodities: petroleum 80%, bauxite and aluminum, iron ore, agricultural products, basic manufactures partners: US 50.7%, Europe 13.7%, Japan 4.0% (1989)
External debt
$30.9 billion (1991)
Fiscal year
calendar year
GDP
exchange rate conversion - $52.3 billion, per capita $2,590; real growth rate 9.2% (1991 est.)
Illicit drugs
illicit producer of cannabis and coca leaf for the international drug trade on a small scale; however, large quantities of cocaine transit the country from Colombia
Imports
$10.2 billion (f.o.b., 1991 est.) commodities: foodstuffs, chemicals, manufactures, machinery and transport equipment partners: US 44%, FRG 8.0%, Japan 4%, Italy 7%, Canada 2% (1989)
Industrial production
growth rate 5.4% (1991 est.); accounts for one-fourth of GDP, including petroleum
Industries
petroleum, iron-ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly
Inflation rate (consumer prices)
30.7% (1991 est.)
Overview
Petroleum is the cornerstone of the economy and accounted for 23% of GDP, 80% of central government revenues, and 80% of export earnings in 1991. President PEREZ introduced an economic readjustment program when he assumed office in February 1989. Lower tariffs and price supports, a free market exchange rate, and market-linked interest rates threw the economy into confusion, causing an 8% decline in GDP in 1989. However, the economy recovered part way in 1990, and grew by 9.2% in 1991, led by the petroleum sector.
Unemployment rate
9.3% (1991 est.)
Communications
Airports
308 total, 287 usable; 135 with permanent-surface runways; none with runways over 3,659 m; 14 with runways 2,440-3,659 m; 88 with runways 1,220-2,439 m
Civil air
56 major transport aircraft
Highways
77,785 km total; 22,780 km paved, 24,720 km gravel, 14,450 km earth roads, and 15,835 km unimproved earth
Inland waterways
7,100 km; Rio Orinoco and Lago de Maracaibo accept oceangoing vessels
Merchant marine
57 ships (1,000 GRT or over) totaling 790,108 GRT/1,257,637 DWT; includes 1 short-sea passenger, 1 passenger cargo, 22 cargo, 1 container, 2 roll-on/roll-off, 17 petroleum tanker, 1 chemical tanker, 2 liquefied gas, 8 bulk, 1 vehicle carrier, 1 combination bulk
Pipelines
crude oil 6,370 km; petroleum products 480 km; natural gas 4,010 km
Ports
Amuay Bay, Bajo Grande, El Tablazo, La Guaira, Puerto Cabello, Puerto Ordaz
Railroads
542 km total; 363 km 1.435-meter standard gauge all single track, government owned; 179 km 1.435-meter gauge, privately owned
Telecommunications
modern and expanding; 1,440,000 telephones; broadcast stations - 181 AM, no FM, 59 TV, 26 shortwave; 3 submarine coaxial cables; satellite ground stations - 1 Atlantic Ocean INTELSAT and 3 domestic
Military and Security
Branches
Ground Forces (Army), Naval Forces (including Navy, Marines, Coast Guard), Air Forces, Armed Forces of Cooperation (National Guard)
Defense expenditures
exchange rate conversion - $1.95 billion, 4% of GDP (1991)
Manpower availability
males 15-49, 5,365,880; 3,884,558 fit for military service; 210,737 reach military age (18) annually