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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