Venezuela
Oil, Arepas, Angel Falls
Overview
A South American nation with the world's largest proven oil reserves, Angel Falls (the tallest waterfall), and Caribbean coastline, challenged by severe economic crisis.
Geographic Context
Region
Americas
Subregion
South America
Land Area
916,445 km²
Capital
Caracas
Languages
Spanish
Currencies
Venezuelan bolívar soberano (Bs.S.)
At a Glance
21
Oyster Score
Composite index
Health
27
Freedom
29
Security
6
Life Expectancy
71.2 yrs
Median Age
29 yrs
Urbanization
89%
Cost Index
63
Housing Index
16
Healthcare Access
30/100
Climate
Average Temperature
25.7°C
Average AQI
25
Most Temperate Cities
1 Cabimas 29.4°C
2 Maracaibo 29.1°C
3 Ciudad Bolívar 28.4°C
4 Municipio José Gregorio Monagas 28.3°C
5 Punto Fijo 27.9°C
Best Air Quality Cities
1 Municipio José Gregorio Monagas 13 AQI
2 Maturín 13 AQI
3 Ciudad Guayana 13 AQI
4 Ciudad Bolívar 13 AQI
5 Barcelona 13 AQI
Cities
Economy & Finance
Finances
Economic Indicators
Cost Index 63
Cost of Living
Price Levels & Affordability
Housing Index 16
Investment
Credit Rating & Markets
Corp. Tax 34.00%
Taxation
Tax Rates & Compliance
Top Income Tax 34.00%
Employment
Labor & Social Protection
Business Environment
Trade & Commerce
FDI Openness 1/100
Society & Governance
International
Travel
Visas & Entry Requirements
Visa-Free 110 countries
Diplomatic Relations
Embassies & Alliances
Missions 46
Defence
Military & Security
Mil. Spending 0.50% GDP
Infrastructure
Energy & Transport
Internet Speed 61 Mbps
Environment
Emissions & Biodiversity
Disaster Risk 51/100
Alternatives
Similar Jurisdictions
Jurisdiction Guide
Tips & Cultural Insights
Frequently Asked Questions
Sources: World Bank | WHO | Freedom House | OECD · Last updated: 2025