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Venezuela

Bolivarian Republic of Venezuela · South America

Position of Venezuela on a world map

At a glance

CapitalCaracas
Most common first languageSpanish98.2% speak it as a mother tongue
Official languageSpanish
Currencybolívar
Drives on theright
Highest pointPico Bolívar4,978 m
Services share of exports4.5%of everything sold abroad, 2016
Internet domain.ve

Facts about Venezuela

Venezuela is projected to have the world's highest inflation rate in 2026.

Source: imf.org · checked 2026-08-08

Venezuela holds the world's largest proven oil reserves.

Source: visualcapitalist.com · checked 2026-08-08

Venezuela by the numbers

Rank is out of the countries with data for that measure. Every figure is the latest year the source publishes.

MeasureValueRank
PopulationEveryone living in the country, all ages, counted mid-year.28.5m (2025)53rd
of 209
GDPThe total value of everything the country produces in a year, at current prices.$99.7bn (2025)78th
of 203
Land areaTotal land area, excluding inland water and offshore territory.882k km² (2023)32nd
of 209
Exports of goods & servicesThe value of everything the country sells abroad in a year, goods and services combined.$14.9bn (2025)98th
of 180
Mobile subscriptionsActive mobile phone subscriptions — NOT the same as people. Many people hold two, so a country can have more subscriptions than residents.20.2m (2024)65th
of 205
Forest areaLand under natural or planted trees, whether or not it is productive.461k km² (2023)15th
of 203
Agricultural landCropland, land under permanent crops, and permanent pasture.215k km² (2023)50th
of 206
CO₂ emissionsCarbon dioxide released in a year, in millions of tonnes.96 Mt (2024)41st
of 198
Urban populationThe number of people living in urban areas, as each country defines them.25.5m (2025)38th
of 209
Life expectancyHow long a baby born today would live if death rates never changed.72.7 years (2024)121st
of 209
GDP per personEverything the country produces in a year, divided by its population.$3,495 (2025)149th
of 205
Internet useThe share of people who have used the internet in the last three months.76.7% (2024)110th
of 191
UnemploymentThe share of people who want a job and are looking for one but do not have one.5.3% (2025)89th
of 185
Urban shareThe share of the population living in urban areas.89.3% (2025)28th
of 209
Births per womanHow many children a woman would have across her life at current birth rates.2.08 (2024)99th
of 209
Military spending, share of GDPWhat the country spends on its armed forces, as a share of everything it produces.0.50% of GDP (2023)145th
of 155
Trade opennessImports plus exports as a share of GDP. Above 100% is normal for small trading economies.25.0% of GDP (2025)181st
of 183
CO₂ per personCarbon dioxide from fuel and industry, divided by the population.3.38 t (2024)87th
of 198
Human Development IndexThe UN’s combined measure of health, education and income, on a scale from 0 to 1.0.709 (2023)121st
of 193

Land borders

🇧🇷 Brazil🇨🇴 Colombia🇬🇾 Guyana

Across the water

Close by sea, with no shared land border.

🇩🇲 Dominica🇩🇴 Dominican Republic🇬🇩 Grenada🇰🇳 Saint Kitts and Nevis🇱🇨 Saint Lucia🇻🇨 Saint Vincent and the Grenadines🇹🇹 Trinidad and Tobago

Venezuela shares these with other countries

Drives on the right 149Has a coast and land neighbours 115Has spanish as its most common first language 19Has spanish as an official language 20Is a member of opec 13Sells almost only goods 34Is in south america 12

Venezuela in the Daily Ceteris

Questions from the daily puzzle where the answer is Venezuela.

Which country is projected to have the world's highest inflation rate in 2026?

Venezuela has topped world inflation for most of the past decade; even after knocking three zeros off its currency in 2021, prices are still projected to nearly quadruple in a single year in 2026. source

Which country holds the world's largest proven oil reserves?

Venezuela's 303 billion barrels of mostly heavy Orinoco crude outstrip Saudi Arabia's, yet chronic underinvestment, sanctions and a state oil monopoly mean it pumps only a fraction of what it holds - reserves without capital are just rock. source

Keep going

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Country data from the World Bank (CC BY 4.0) and the UNDP Human Development Report (CC BY 3.0 IGO)
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