Embassy of India Caracas FACT SHEET ON VENEZUELA Bolivarian Republic of Venezuela Official Name 916.445 sq. kms. Area Federal Republic, consisting of 23 States, a federal district and States 72 island dependencies in the Caribbean Sea. 31.028.637 (2016 projection using 2011 Census) (Urban 93%, Population Rural 7%)1 Mestizos (67%), Whites (21%), Blacks (10%), Indigenous Ethnic Groups people (2%) Caracas(Metropolitan District of Caracas has a population of 5.1 Capital million.) Valencia, Maracaibo, Barquisimeto, Ciudad Guyana & Mérida. Other main cities UTC/GMT -4:00 (-)9.30 hours behind India Time zone Language Spanish Roman Catholic 88%, Protestant 10%, Others 2% (Indigenous Religion Cults, Islam, Hinduism, Judaism etc) Mr. Nicolas Maduro Moros. He assumed office on 19 April 2013 President Mr. Aristóbulo Istúriz Vice President System of Participative Democracy with Presidential System. Government UN, IMF, World Bank, OPEC, OAS, NAM, G-15, WTO (G-20), Membership of Rio Group, Association of Caribbean States (ACS), Bolivarian Alternative for the Peoples of our America (ALBA) and MERCOSUR (signed the Protocol of Accession in July 2006), Organizations CELAC,UNASUR, IADB, PETROCARIBE. GDP (PPP) US$ 349.64 billion (2015) US$ 11268 (2015) Per Capita GDP Growth -5.7 % (2015)2 Oil Sector 11.75%; Non-oil sector 78.17% (includes mining, manufacture, services, transport, agriculture, communications, GDP by Sector real estate etc); Tax revenue 10.06% (2015)3 180.9% (2015)4 Inflation Bolivar Fuerte (Bs.F) Currency 1 US$ = Bs.F 10 (DIPRO for essential imports) – 1 US$ = BS. 643.47 (DICOM for non-essential imports and Exchange Rate – travelers- last updated 02 August 2016)
Embassy of India Caracas FACT SHEET ON VENEZUELA Official Name Bolivarian Republic of Venezuela Area 916.445 sq. kms. States Federal Republic, consisting of 23 States, a federal district and 72 island dependencies in the Caribbean Sea. Population 31.028.637 (2016 projection using 2011 Census) (Urban 93%, Rural 7%)1 Ethnic Groups Mestizos (67%), Whites (21%), Blacks (10%), Indigenous people (2%) Capital Caracas(Metropolitan District of Caracas has a population of 5.1 million.) Other main cities Valencia, Maracaibo, Barquisimeto, Ciudad Guyana & Mérida. Time zone UTC/GMT -4:00 (-)9.30 hours behind India Language Spanish Religion Roman Catholic 88%, Protestant 10%, Others 2% (Indigenous Cults, Islam, Hinduism, Judaism etc) President Mr. Nicolas Maduro Moros. He assumed office on 19 April 2013 Vice President Mr. Aristóbulo Istúriz System of Government Participative Democracy with Presidential System. Membership of Organizations UN, IMF, World Bank, OPEC, OAS, NAM, G-15, WTO (G-20), Rio Group, Association of Caribbean States (ACS), Bolivarian Alternative for the Peoples of our America (ALBA) and MERCOSUR (signed the Protocol of Accession in July 2006), CELAC,UNASUR, IADB, PETROCARIBE. GDP (PPP) US$ 349.64 billion (2015) Per Capita US$ 11268 (2015) GDP Growth -5.7 % (2015)2 GDP by Sector Oil Sector 11.75%; Non-oil sector 78.17% (includes mining, manufacture, services, transport, agriculture, communications, real estate etc); Tax revenue 10.06% (2015)3 Inflation 180.9% (2015)4 Currency Bolivar Fuerte (Bs.F) Exchange Rate 1 US$ = Bs.F 10 (DIPRO – for essential imports) 1 US$ = BS. 643.47 (DICOM – for non-essential imports and travelers- last updated 02 August 2016)
707_Fact_Sheet__August_2016_.docx