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Country guides / Venezuela

Venezuela

A one-page guide to Venezuela for the spirits trade: the country, its people, its economy and how it drinks.

At a glance

Capital
Caracas
Official languages
Spanish
Currency
Venezuelan bolivar (VED)
Time zone
UTC-4
Area
912,050 km²

People

Population
28.5 million (2025)
Population growth
0.4% a year
Living in towns and cities
89.3%
Aged under 15
24.9%
Aged 65 and over
10.0%
Life expectancy
72.7 years

Economy

GDP
US$99.7 billion (2025)
GDP per person
US$3,495 (2025)
Economic growth
1.57% (2025)

Climate

Ranges from humid low-elevation plains to Andean highlands (paramo); annual rainfall from about 430 mm in the north-west to over 1,000 mm in the Orinoco delta and south. Hot lowland warehouses age rum quickly.

Alcohol

Alcohol per adult a year
3.02 litres of pure alcohol (2019)

Sources: World Bank (population, economy and demographics), WHO Global Health Observatory (alcohol per adult and drinking mix); Venezuela (Wikipedia); World Bank API; Our World in Data / WHO GISAH alcohol per capita; UN Comtrade API; Wikipedia: Venezuelan rum; Difford's Guide: DUSA history; Rhum Attitude: Venezuela. Figures are the latest each source publishes; the year is shown beside each one.