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Venezuela

federal presidential republic

<p>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.

Profile

CapitalCaracas
Population31.8M
GDP$110.9B
Area912,050 km²
LanguageSpanish (official) 98.2%, indigenous 1.3%, Portuguese 0.1%, other 0.4% (2023 est.)
Currencybolivars (VEB) per US dollar -

At a Glance

Population

31.8M

GDP (PPP)

$111B

Global Rankings

174thGDP per Capitaof 21793rdGDP (PPP)of 219140thLife Expectancyof 22650thPopulationof 23334th

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