Venezuela flag

Venezuela

Bolivarian Republic of Venezuela

Capital

Caracas

Region

Americas

Population

28,517,000

Area (km²)

916,445

💡Quick Summary

Venezuela, a South American nation in the Americas region, spans 916,445 km² and is home to approximately 28.5 million people, with Caracas serving as its bustling capital. Rich in oil reserves and natural beauty—from Andean peaks to Caribbean coastlines—the country has faced severe economic and political challenges, reflected in its unavailable GDP figures. Despite hardships, Venezuela's vibrant culture and biodiversity continue to define its resilient spirit.

Key Insights

Infant Mortality Challenge

Venezuela's infant mortality rate stands at 21.5 per 1,000 live births. This rate is significantly higher than many South American peers (e.g., Chile or Uruguay, often below 10) and signals severe deficiencies in maternal health, neonatal care, and access to basic medical services.

Low Unemployment Amidst Economic Collapse

The reported unemployment rate is relatively low at 5.485%, which is counterintuitive given the massive economic contraction and hyperinflation experienced in recent years. This figure likely reflects widespread underemployment, informal sector employment, or the massive emigration of the working-age population, rather than true labor market health.

Sub-Regional Average Life Expectancy

With a life expectancy of 72.51 years, Venezuela is slightly below the regional average for South America (often 74-76 years). While not extremely low, this figure suggests that recent crises, including healthcare system degradation and food insecurity, are negatively impacting longevity.

Significant Forest Coverage

Over half (52.23%) of Venezuela's land area remains covered by forests. This high percentage highlights the country's immense natural resource base and biological diversity, contrasting sharply with the environmental pressures often seen in highly industrialized nations or those with rapid deforestation.

Economic Indicators
Latest economic data from World Bank

GDP (Current US$)

$102.38B

Year: 2023

GDP Per Capita

$3,617.44

GDP Growth (%)

4%

Inflation (%)

N/A%

Unemployment (%)

5.49%

Debt to GDP (%)

N/A%

Source: World Bank • Last updated: 12/24/2025

Historical Trends & Data Visualizations

GDP Growth Rate
Annual percentage change in GDP over time
2014201520162017201820192020202120222023-30.00%-20.00%-10.00%0.00%10.00%
  • GDP Growth (%)
Population Growth
Total population over time
201420152016201720182019202020212022202308,000,00016,000,00024,000,00032,000,000
  • Population
Life Expectancy
Average life expectancy at birth (years)
20142015201620172018201920202021202220230.0years20.0years40.0years60.0years80.0years
  • Life Expectancy (years)
Renewable Energy Consumption
Percentage of total energy from renewable sources
201420152016201720182019202020210.0%9.0%18.0%27.0%36.0%
  • Renewable Energy (%)
GDP Per Capita
Economic output per person (current US$)
2014201520162017201820192020202120222023$0$2,000$4,000$6,000$8,000
  • GDP Per Capita ($)

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