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Venezuela

Venezuela · VEN · South America

68

Risk Score

High Stable

Risk Factors

No recent events in pipeline

Overview

Venezuela is a South American nation with the world's largest proven oil reserves, currently facing a severe and prolonged economic and humanitarian crisis. The country is marked by hyperinflation, political instability, and widespread shortages, exacerbated by international sanctions. The government maintains a socialist system amidst ongoing challenges.

Leadership

Nicolás Maduro Moros

President

GOVERNMENT: Federal presidential republic (authoritarian)

Delcy Rodríguez

Yván Gil Pinto

José Félix Rivas Alvarado

Economy

GDP

$110.0B

GDP per Capita

$3.8K

GDP Growth

+4.0%

Inflation

150.0%

Unemployment

18.0%

PetroleumNatural GasMiningAgricultureManufacturing

Trade

Key Exports

Crude OilRefined Petroleum ProductsBauxiteAluminumChemicals

Key Imports

FoodMachineryChemicalsTransport EquipmentPharmaceuticals

Top Partners

ChinaIndiaUSA (limited)RussiaCuba

Headlines (8)

New Statesman18h ago

Latin America will not go the way of Venezuela

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Shaw Local Enewspapers23h ago

History of mass migration the subject of Elmhurst University Hispanic Heritage Month lecture

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OilPrice1d ago

India’s ONGC Targets Tenfold Oil Output Boost in Venezuela

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Teamtalk.com1d ago

biggest signing ever AGREED with towering 19

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EUROPE SAYS1d ago

Venezuela earthquakes: The world’s attention must not fade

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Washington Examiner1d ago

The US is helping Chavismo survive without Maduro

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The Manila Times1d ago

Quake-hit Caracas airport to reopen on September 1

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OilPrice1d ago

U.S. Refiners Face New Crude Squeeze as Canada Cuts Oil Sands Output

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