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Venezuela

Venezuela : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$97.83 billion (2011 est.)
$77.34 billion (2010 est.)

Exports

$95.32 billion (2011 est.)
$72.19 billion (2010 est.)

Inflation rate (consumer prices)

18.7% (2011 est.)
10% (2010 est.)

Unemployment rate

2.3% (2011 est.)
2.9% (2010 est.)

GDP - per capita (PPP)

$3,400 (2011 est.)
$3,300 (2010 est.)
$3,100 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

6.8% (2010 est.)
5.3% (2009 est.)
6.3% (2008 est.)

Internet users

23.382 million (2009)

Telephones - mobile cellular

154 million (2009)

Population growth rate

1.054% (2012 est.)

Population

91,519,289 (July 2012 est.)

Historical background

The conquest of Vietnam by France began in 1858 and was completed by 1884.

It became part of French Indochina in 1887.

Vietnam declared independence after World War II, but France continued to rule until its 1954 defeat by Communist forces under Ho Chi MINH.

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Venezuela

Economic overview

Vietnam is a densely-populated developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy.

While Vietnam's economy remains dominated by state-owned enterprises (SOEs), which still produce about 40% of GDP, Vietnamese authorities have reaffirmed their commitment to economic liberalization and international integration.

They have moved to implement the structural reforms needed to modernize the economy and to produce more competitive export-driven industries.

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The Economist Intelligence Unit

Country Forecast Venezuela December 2017 Updater

Country Forecast Venezuela December 2017 Updater

  • $ 559
  • Country report
  • December 2017
  • by The Economist Intelligence Unit

Although the regime of the president, Nicolás Maduro, will strengthen its grip on power in the wake of the installation of a Constituent Assembly, The Economist Intelligence Unit does not expect ...

  • Countries : Venezuela

Oxford Economics

By Country Industry Forecasts > Venezuela

By Country Industry Forecasts > Venezuela

  • $ 220
  • Country report
  • September 2017
  • by Oxford Economics

Key Features: Broad Country and Industry Coverage. The service covers 68 countries across Europe, Asia, the Americas, the Middle East and Africa, where 85% of world business is conducted. Up to 85 manufacturing ...

  • Countries : Venezuela

MarketLine

Venezuela - In-depth PESTLE Insights

Venezuela - In-depth PESTLE Insights

  • $ 350
  • Country report
  • November 2017
  • by MarketLine

Venezuela - In-depth PESTLE InsightsSummaryThis PESTLE country analysis report on Venezuela provides a holistic view of the country, with insightful analysis of current and future issues, supplemented ...

  • Countries : Venezuela

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