Officially titled, the Republic of Venezuela, this South American nation is considered among the world's eighteen most biodiverse countries. It is widely known for it petroleum industry, the environmental diversity of its territory and its natural features. The petroleum sector dominates the country's mixed economy accounting for roughly one third of GDP, approximately 80% of exports and more than half of government revenues.
Venezuela also has one of the world's largest mining reserves - gold, diamonds and iron are mined. Venezuela contains some of the largest oil and natural gas reserves in the world and is among the top ten crude oil producers in the world. Venezuela is the fourth leading supplier of imported crude and refined petroleum products to the United States.
Coffee and Agriculture have traditionally made a significant contribution to the country's economy and Manufacturing and Agriculture together contribute approximately 20% of GDP.
Government has prioritised the tourism industry, which has been identified as having the highest economic growth potential of all sectors.
Venezuela, with an area of 912,050 sq. km. (352,144 sq. mi.) has a population of 26,814,843. The official language is Spanish and the currency is the Bolivar, which has an exchange rate of US1.00 to 684.35 Bolivares.