Venezuela

Official Name:	The Bolivarian Republic of Venezuela
Sovereign Status:	Sovereign Country
Government Type:	Federal Presidential Republic
Official Name (Local Language):	República Bolivariana de Venezuela
ISO Country Codes:	VE : VEN
Internet Domain:	.ve
Government Web Site:	https://www.asambleanacional.gob.ve/

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UN Location Codes

IATA Airports

Capital:	Caracas	Main Airports:	Simón Bolívar International Airport
Language(s):	Spanish	Population:	29,789,730
Currency:	Venezuelan Boliva	ISO Currency Code:	VEF
Telephone Dial In:	+58	ID Prefix:	00

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Commisceo Global; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

Association of Caribbean States; Inter Parliamentary Union; Organization of American States; Secretar a General Iberoamericana; Sistema Economico Latinoamericano; UN; UNESCO; Union Latina; Union of South American Nations;

Travel Guides:

Fodor's Travel; Lonely Planet;

News Resources:

News Agency

Show

Agencia Venezolana de Noticias;

LaPatilla;

MercoPress;

Newspaper

Show

Radio

Show

Radio Fe y Alegría;

Radio Nacional de Venezuela;

Unión Radio;

Union Radio Noticias;

Venezuela

Government Website:	https://www.asambleanacional.gob.ve/
Sovereign Ratings:	https://countryeconomy.com/ratings/venezuela
Central Bank:	Banco Central de Venezuela
Currency USD Exchange Rate:	3,345 bolivars (VEB) per US dollar (2017 est.)
Unemployment Rate:	6.9% (2018 est.)
Population below poverty line:	33.1% (2015 est.)
Inflation Rate:	146,101.7% (2019 est.)

Prime Lending Rate:	21.10% (2017 - World Bank)
GDP:	$269.068 billion (2018 est.)
GDP Pro Capita (PPP):	$7,704 (2018 est.)
Currency Name:	Venezuelan Boliva
Currency Code:	VEF

GDP Composition:

Agriculture:	4%	corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Industry:	36.1%	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
Services:	59.9%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

Asociacion Latinoamericana de Integracion; FAO; IMF; International Labour Organization; Un Economic Commission for Latin America the Caribbean UNIDO; World Bank;

Financial & Economic Profiles:

Countryeconomy; FAO; IMF; Inter American Development Bank; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: Bolsa de Valores de Caracas ;

National Statistics Office:

Instituto Nacional de Estadística;

National Dataset(s):

Focus Economics; Trading Economics;

Venezuela

Subject to Country Specific Sanctions? OFAC

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	Spanish
Development Bank(s):	Development Bank of Latin America;
National Standards Bureau:	Fondo para la Normalización y Certificación de la Calidad (FONDONORMA)

Competitive Ind’l Performance: 133/141 (2019)	Corruption Perceptions Index: 177/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 136/136 (2016)
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