|GDP (2012 est.)||$397.9 billion (2012 est.)|
|Currency & Exchange Rate||bolivars (VEB) per US dollar 4.29|
Petróleos de Venezuela.
Bolivar Coastal, Boscán.
Residential taxation: foreigners taxed on local income; residents taxed on local and overseas income.
|Crude oil - production(bbl/day)||2,489,000|
|Crude oil - exports(bbl/day)||1,645,000|
|Crude oil - imports(bbl/day)||0|
|Crude oil - proved reserves(bbl)||297,600,000,000|
|Refined petroleum products - production(bbl/day)||1,110,000|
|Refined petroleum products - consumption(bbl/day)||571,000|
|Natural gas - production(cu m)||25,280,000,000|
|Natural gas - proved reserves(cu m)||5,524,000,000,000|
Tropical; hot, humid; more moderate in highlands.
Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana.
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