Download THE BOLIVARIAN REPUBLIC OF VENEZUELA

THE BOLIVARIAN REPUBLIC OF
VENEZUELA
Fact sheets are updated biannually; June and December
General information
Capital:
Land area:
Official language(s):
Population:
Currency:
Caracas
882,050 sq km
Spanish
30.6 million (2015)
Bolívar fuerte
Head of State and Head of Government
President HE Mr Nicolás Maduro Moros
2011
2012
2013
2014
2015
2016
334.1
11,541.9
500.3
17,286.0
4.2
16.3
4.9
26.1
8.2
331.5
11,287.3
538.2
18,328.0
5.6
2.6
0.8
21.1
7.8
228.0
7,655.1
554.2
18,607.5
1.3
4.6
2.0
40.6
7.5
215.3
7,127.5
542.2
17,949.9
-3.9
3.6
1.7
62.2
6.7
260.1
8,494.0
513.9
16,784.1
-6.2
-20.4
-7.8
121.7
7.4
333.7
10,755.1
468.6
15,102.8
-10.0
-11.2
-3.4
475.8
18.1
Economic indicators (a)
GDP (US$b) (current prices)
GDP per capita (US$)
GDP PPP (Int'l $b)
GDP per capita PPP (Int'l $)
Real GDP growth (% change yoy)
Current account balance (US$b)
Current account balance (% GDP)
Inflation (% change yoy)
Unemployment (% labour force)
Australia's trade and investment relationship with Venezuela (b)
Australian merchandise trade with Venezuela, 2015-16 (A$000)
Exports to Venezuela
10,167
Imports from Venezuela
1,202
Total merchandise trade (exports + imports)
11,369
Major Australian exports, 2015-16 (A$000)
Other textile clothing
Measuring & analysing instruments
Medical electrodiagnostic apparatus
Paper & paperboard
4,672
2,701
766
543
Australia's trade in services with Venezuela, 2015-16 (A$m)
Exports of services to Venezuela
Imports of services from Venezuela
48
4
Total share
0.0%
0.0%
0.0%
Rank
113th
152nd
138th
Growth (yoy)
-65.9%
-40.9%
-64.3%
Major Australian imports, 2015-16 (A$000)
Alcoholic beverages
Crude animal matter, nes
Cocoa
Pumps (excl liquid pumps) & parts
Total share
0.1%
0.0%
Australia's investment relationship with Venezuela, 2015 (A$m)
Australia's investment in Venezuela
Venezuela's investment in Australia
485
285
112
54
Rank
69th
133rd
Growth (yoy)
20.0%
-33.3%
Total
927
-2
FDI
np
np
Venezuela's global merchandise trade relationships
Venezuela's principal export destinations, 2015
1 United States
2 India
3 China
73 Australia
35.4%
16.6%
12.9%
0.0%
Venezuela's principal import sources, 2015
1 United States
2 China
3 Brazil
66 Australia
18.4%
15.3%
9.7%
0.0%
Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources.
(a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable.
(b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December.
All data may be subject to future revisions.
GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures
ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified