Latitude: 10.1500000000 Longitude: -66.9000000000
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Balavaneda, Venezuela
Some random facts about Venezuela |
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| Economy | GDP (2007): $227 billion. Annual growth rate (2007): 8.3%. GDP per capita (2007): $8,140. Government expenditures: 32% of GDP. Natural resources: Petroleum, natural gas, coal, iron ore, gold, diamonds, bauxite, other minerals, hydroelectric power. Petroleum industry (28% of GDP): Oil refining, petrochemicals. Manufacturing (17% of GDP): Types--iron and steel products, paper products, aluminum, textiles, transport equipment, consumer products. Agriculture (4% of GDP): Products--corn, sorghum, rice, bananas, vegetables, coffee, beef, pork, milk, eggs, fish. Trade: Exports (2007)--$69.2 billion: petroleum ($62.5 billion), aluminum, steel, chemical products, iron ore, cigarettes, plastics, fish, cement, and paper products. Major markets (2005)--U.S. 57.5%, the Netherlands 5.2%, Mexico, 4.5%, Colombia 4.5%. Imports (2007)--$45.5 billion: consumer goods, machinery and transport equipment, manufactured goods, construction materials. Major suppliers (2006)--U.S. 30.2%, Brazil 10.1%, Colombia 9.9%, Mexico 6.8%, China 6.7%. Exchange rate (May 2008): 2.145 bolivares fuertes=U.S. $1. |
| Debt - external: | $35.63 billion (2006 est.) |
| Current account balance: | $31.82 billion (2006 est.) |
| From Referendum To Elections | In the wake of the referendum victory, Pro-Chávez candidates continued to sweep other electoral contests. Chávez supporters won 20 out of the total 22 state governor positions up for election in October 2004 (there are currently two opposition governors). Chavez supporters also won a majority of the seats in the August 2005 municipal council (parroquias) elections. Pro-Chávez parties won all 167 seats in the December 2005 National Assembly elections, after most opposition candidates withdrew one week before the elections over voter secrecy concerns. The final reports of the EU and OAS observer missions to the 2005 legislative elections, which were marked by record-high abstention, noted high levels of distrust in electoral institutions. The reports made specific recommendations to increase transparency and help voters regain the confidence necessary for participation. Most of the recommendations were not implemented. As a signatory of the Inter-American Democratic Charter, Venezuela has an obligation to hold "periodic, free, and fair elections based on secret balloting and universal suffrage." |
| Birth rate: | 21.22 births/1,000 population (2007 est.) |
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