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Home Country Information Venezuela Venezuela

Venezuela

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Official Title: Bolivarian Republic of Venezuela

General Information

Capital: Caracas
Population: 26,430,000
Total Area: 912,050 km2
Currency: 1 CAN$ = 1736.11111111111 bolivar
National Holiday: July 5 (1811 Independance Day)
Language(s): Spanish

Political Information

Type of State:
Federal republic (23 states, 1 capital distri

Type of Government:
Unicameral 167-member National Assembly; president elected for 6 year term, deputies 5 years

Head of State:
President Hugo Chávez Frías

Head of Government:
President Hugo Chávez Frías

Ministers:
Foreign Affairs: Nicolás Maduro Defense: Commandante General Raul Baduel Finance: Nelson Merentes Díaz

Main Political Parties:
President Chávez was re-elected to a six-year term during the national election held on July 30, 2000. The political opposition boycotted the 2005 parliamentary elections on the basis of alleged fraud and as a consequence, all 167 members of the National Assembly are chavistas. The previously powerful national political parties have lost all of their influence.

Elections:
2006

Economic Information

Please note that economic statistics reflect Canadian dollars and yearly averages for 2005. If blank, statistic unavailable.

 VenezuelaCanada
GDP:160.96 billions1371.4 billions
GDP per capita:609042460
GDP growth rate:9.3%2.9%
Inflation:15.9%2.2%
Unemployment:%6.7%

Trade and Investment

Canadian exports from country: $687,386,752
Canadian imports from country: $1,829,280,808
FDI in Canada: million
CDI in Venezuela: 314 million

Representation

Foreign Representation in Canada:
Ambassador Jesus Arnaldo Pérez

Foreign Consulates in Canada:
Montréal (QC), Toronto (ON)

January 2007
Sources include: Statistics Canada, IMF, EIU, Election World

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Last Updated:
2007-02-05
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