Since the 1970s, Venezuela has gone from being South America’s richest nation into a nouveau-poor society in search of an identity. Once known as the Saudis of the West, Venezuelans have seen their economic fortunes decline in exact proportion to the general fall in world oil prices. Even so, Venezuela’s many problems were hidden from view until relatively recently, when severity measures heralded the sort of economic crises so painfully familiar to other Latin American countries. Runaway inflation, currency devaluations and even food riots have marked this new phase in Venezuelan history, to which the country is still trying to adjust.
The projected population for 2010 is estimated at approximately 28,809 million, with a birth rate of 29.9 per thousand and a low mortality rate of 4.7 per thousand. Today the estimated population is 23,542,649 with a growth rate of 1.6%. Caracas, the capital, and the state of Miranda, which are the areas with the greatest commer...