Venezuela Facts
Venezuela is located on the North Atlantic Ocean and the Caribbean Sea lying between Guyana and Columbia. Ecuador, Venezuela, and New Granada were the 3 countries that came into being after the Gran Columbia collapsed in the year 1830. During the early years of the 20th century, the country was mainly ruled by the military. During this period the oil industry evolved and many social reforms took place. In the year 1959, the democratic form of government first made its appearance.
In order to know the country better, some of the most important factors are mentioned in the table below. The table below highlights Venezuela facts that will help you to get an insight into the country’s statistics –
Parameters of Venezuela Facts
Capital : Caracas
Area : 912,050 sq km
Population : 26, 814, 843 (as of July 2009)
Government type: Federal Republic
GDP (Purchasing Power Parity) USD$350.1 billion approx (as of 2009)
GDP (Per Capita) USD$13, 100 (as of 2009 ) approx
Labor Force 12.67 million as of 2009
Rate of unemployment 10.9% as of 2009 estimated
Population below poverty line 37.9% as of 2005 end
Rate of inflation 27.1% as of 2009
Agricultural products Sorghum, corn, fish, eggs, sugarcane, vegetables, rice, beef, bananas, milk, coffee, pork
Industries Food processing, petroleum, textiles, construction materials, steel, mining iron ore, assembling motor vehicle parts, aluminum
Commodities of export Chemicals, petroleum, aluminum, bauxite, basic manufacturing articles, steel, agricultural products
Commodities of import Construction material, raw materials, transport equipment, machinery
Airports 406 (as of 2009)
Railways 806 km
Roadways 96, 155 km
Waterways 7,100 km
Ports Punta Cardon, La Guaira, Puerto Cabello, Maracaibo
The official language of Venezuela is Spanish. And the currency that is used in Venezuela is Bolivar Fuerte or VEF. The VEF replaced Bolivar or VEB in 2008 January.
Venezuela flag
The Venezuela flag has 3 colors in it that are arranged in horizontal stripes. The color of the top most horizontal stripe is yellow followed by blue in the middle and red at the bottom. There is the Coat of Arms at the upper left corner in the yellow stripe. You will find 8 white stars. Earlier there were 7 white stars but in the year 2006, the eighth star was added. The stars are in form of a semi circle.
Venezuela facts – Tourism during recession
Venezuela facts reveal that even when all the major economies around the globe were reeling under credit crunch, tourism in Venezuela was not affected much. The tourism industry braved the recession and performed consistently despite hiccups in the other parts of the economy.
Venezuela facts – Popular destinations in Venezuela
Tourism is very prominent in Venezuela. The country has some of the world’s best and unique tourist spots that travelers crave to visit. Some of the tourist destinations in the country include –
Caracas
Isla de Margarita
Ciudad Bolivar
Archipielago Los Roques
Canaima National Park
Merida etc
