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World > South America > Venezuela

   flag of Venezuela
   Venezuela

Introduction:
Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). 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. Hugo CHAVEZ, president since 1999, has promoted a controversial policy of 'democratic socialism,' which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, 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.


Official name: Bolivarian Republic of Venezuela
Capital: name: Caracas
geographic coordinates: 10 30 N, 66 56 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Government type: federal republic
Population: 26,023,528 (July 2007 est.)
Languages: Spanish (official), numerous indigenous dialects
Official Currency: Venezuelan Bolivar (VEB)

Current Venezuelan Bolivar Exchange Rates
Historical Venezuelan Bolivar Exchange Rates
Chart Venezuelan Bolivar Exchange Rates
Currency code: VEB
Area: total: 912,050 sq km
land: 882,050 sq km
water: 30,000 sq km
Climate: tropical; hot, humid; more moderate in highlands


Map of Venezuela
map of Venezuela


Facts at a Glance: Geography - People - Government - Economy - Communications - Transportation - Military - Climate - Current Time - Ranking Positions - Venezuelan Bolivar Exchange Rates
Notes and Commentary: People - Economy - Government and Political Conditions - Historical Highlights - Foreign Relations - Relations with U.S.



Facts at a Glance
Geography
People
Government
Economy
Communications
Transportation
Military
Climate
Current Time
Ranking Positions
Venezuelan Bolivar Exchange Rates


Notes and Commentary
People
Economy
Government and Political Conditions
Historical Highlights
Foreign Relations
Relations with U.S.





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