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Venezuela

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Geographical location

Economy and finance

Currency
Venezuelan Bolívar (VES)
Average monthly income (USD, gross)
$102 (2023)
Inflation rate
146101.7% (2019)
Unemployment rate
5.53% (2023)
Below the poverty line
33.1% (2015)

Alcohol consumption per capita (liters per year)

Total quantity
2.51
Beer
1.54
Wine
0.01
Spirits
0.92
Other alcohol
0.03
Current as of
2019

Population and society

Population size
31250306
Male population
15555451
Female population
15694855
Population growth rate
2.34%
Birth rate (per 1,000 people)
16.7
Death rate (per 1,000 people)
6.5
Urbanization
88.4%
Current as of
2024

Credit ratings

Fitch
RD (2017)
Moody's
WR (2019)
Standard & Poors
SD (2017)

Age structure

0-14 years
25%
15-64 years
65.9%
65+ years
9.1%
Current as of
2024

Religion

Main religion
Christianity
Non-religious
3.5%
Not specified
0.6%
Current as of
2023

General information

Сontinent
South America
Region
Latin America
Tier
Tier-3
ISO code
VE
Capital
Caracas
Official language
Spanish

Average consumer spendings

Food products
18.4%
Alcohol and tobacco
3.8%
Current as of
2022

Area (sq. km)

Total area
912050
Land area
882050
Water area
30000

Popular payment systems

  • Mastercard
  • PayPal
  • Visa

Age-sex pyramid

Phone operating systems

Android
91.99%
iOS
7.79%
Current as of
2025

Internet and telecommunications

Telephone code
+58
Internet domain
.ve
Number of mobile phones (per 100 inhabitants)
63 (2022)
Internet user penetration
78.7% (2022)
Fixed internet penetration
9% (2020)

Last update: 2025-08-04