Venezuela
General information
Capital: Caracas
Currency unit: Bolívar
Area: 912,050 km²
Total population: 28,405,500
GDP (millions of US dollars): 119,803
GDP per capita, PPP (current international US dollars):
Production
Agriculture (% of GDP): 4.5 %
Manufacture (% of GDP): 16.9 %
Industry excluding manufacture (% of GDP): 35.3 %
Services (% of GDP): 43.3 %
Trade
Total exports (millions of US dollars):
Total imports (millions of US dollars):
Main exported goods (% of total exports):
Petroleum oils, oils from bitumin. materials, crude (70.4 %)
Residual petroleum products, related mater. (4.7 %)
Alcohols, phenols, halogenat., sulfonat. (3.2 %)
Gold, non-monetary (excluding gold ores and concentrates) (2.3 %)
Ferrous waste, scrape; remelting ingots, iron, steel (2.2 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Venezuela | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Venezuela: 65 | 65 | |
| Real Effective Exchange Rate Venezuela: - | - | |
| Internal Real Exchange Rate Venezuela: - | - |