No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsArts and CultureQuick Venezuela facts on Election Day

Quick Venezuela facts on Election Day

CARACAS, Venezuela –Here are some facts about Venezuela, which votes on Sunday in elections that could see the opposition win control of the legislature:

History

Explorer Christopher Columbus reached the Caribbean shores of what is now Venezuela in 1498. The country declared independence from colonial power Spain in 1810 under national hero Simón Bolívar. After decades of wars, coups and dictatorships, it entered a period of two-party democracy in 1958.

Politics

Nicolás Maduro was elected president in 2013 after his predecessor and mentor Hugo Chávez died. The legislature is the single-chamber, 167-seat National Assembly. The broad opposition alliance Democratic Unity Roundtable is contending for seats with Maduro’s United Socialist Party of Venezuela and other minor allies.

Venezuela facts: Nicolás Maduro and Andrés Pastrana
Juan Barreto/AFP

Society

Population: 30 million, mostly city-dwelling, virtually all Spanish-speaking and Roman Catholic with a Protestant minority. A mixture of descendants of indigenous groups, Europeans, Africans and Arabs.

Venezuela facts: currency
Luis Robayo/AFP

Economy

The International Monetary Fund estimates the economy will shrink by 10 percent this year. Inflation is estimated at up to 205 percent by economists, 85 percent by Maduro. Minimum monthly salary is $1,500 at the official fixed exchange rate for the Bolivar currency, but at the black market rate this falls to just $11.

Oil

Venezuela has the largest proven oil reserves in the world, according to oil producers’ organization OPEC: almost 300 billion barrels. It produces nearly 2.7 million barrels a day. But the price has fallen from over $100 a barrel last year to around $34 in the week before the election, the oil ministry said.

Venezuela facts: Graffiti
Luis Robayo/AFP

Security

The United Nations calculates that Venezuela has the second-highest murder rate in the world after Honduras. In 2014 there were 62 murders per 100,000 people, the country’s attorney general said this year.

World relations

Since the time of socialist firebrand Chávez, Venezuela has cultivated ties with Cuba, Russia and Iran while scorning the “imperialist” United States and riling some European powers. Venezuela claims part of the territory of the neighboring English-speaking Caribbean nation of Guyana.

Venezuela facts: Baseball
Federico Parra/AFP

Sports

Venezuelan sporting stars include the Major League Baseball player Miguel Cabrera of the Detroit Tigers. In football, burly striker José Salomón Rondón plays for West Bromwich Albion in the English Premier League and midfielder Tomás Rincón for Italian Serie A side Genoa.

Venezuela facts: Supermarket line
Luis Robayo/AFP

Culture

Famous Venezuelans include the classical conductor Gustavo Dudamel, musical director of the Los Angeles Philharmonic. Beauty queen Gabriela Isler was Miss Universe in 2013 — one of three Venezuelans to have won the contest in the past six years. Top Venezuelan actor Edgar Ramírez has appeared in Hollywood films such as “The Bourne Ultimatum.”

Venezuela facts: Ballot
Luis Robayo/AFP

Trending Now

Costa Rica 911 App Can Locate Users Who Cannot Speak During Emergencies

Costa Rica’s emergency services are urging residents and visitors to download the official 911 application before the August 2 Romería, highlighting features that can...

New Nonstop From Ottawa to Costa Rica’s Guanacaste Coast This Winter

If you fly out of Ottawa, reaching the beaches of Guanacaste is about to get a lot easier. WestJet is adding a direct flight...

A White-Knuckle Taxi Trip Through the Mountains of Costa Rica

With my car doing what it does best– sitting idly in the carport awaiting a part– I walked twenty minutes in the dark down...

Windy Start to the Week in Costa Rica With Heavier Rain Coming Tuesday

If you're planning your week around the weather, it's going to be windy and humid today but the real rain shows up Tuesday, and...

Costa Rica’s San Jose Airport Is Getting Its First Hotel

Costa Rica's San Jose airport is about to gain something no other airport in Central America has: a hotel guests can reach on foot...

Costa Rica’s Reopens Highway After Landslide Closure

Route 32 reopened Friday afternoon after falling debris blocked the highway through Braulio Carrillo National Park for more than six hours, disrupting travel between...

Argentina’s Cerundolo Repeats Ruud Upset at Swiss Open

Juan Manuel Cerundolo has found an opponent and a setting that bring out his most stubborn tennis. For the second consecutive year, the Argentine...

Costa Rica Clears Legal Path for Recope to Move Beyond Petroleum

Costa Rica's Legislative Assembly has approved a reform that frees the state fuel company to work with energy sources other than oil for the...

Costa Rica Nature Hotel Earns Tripadvisor Travelers’ Choice Award

A hotel and private nature reserve in Costa Rica’s northern lowlands has received a 2026 Tripadvisor Travelers’ Choice Award, placing it among the top...
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel