VENEZUELA (Continued)
legal education at Central University of Venezuela; has not accepted compulsory OCJ jurisdiction
National holiday: Independence Day, 5 July
Branches: executive (President), bicameral legislature, judiciary
Government leader: President Luis HERRERA CAMPINS
Suffrage: universal and compulsory over age 18, though rarely enforced
Elections: every five years by secret ballot; last held December 1978; next national election for President and bicameral legislature to be held 4 December 1983 Political parties and leaders: Social Christian Party (COPEI), Rafael Caldera; Acción Democrática (AD), Carlos Andres Pérez, Gonzalo Barrios; Movement to Socialism (MAS), Teodoro Petkoff, Pompeyo Márquez
Voting strength (1978 election): 46% COPEI, 43% AD, 5% MAS, 6% others
Communists: 3,000-5,000 members (est.)
Other political or pressure groups: Fedecamaras (a conservative business group); Pro- Venezuela (PRO-VEN; a leftist, nationalist economic group)
Member of: Andean Pact, AIOEC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICO, IDB, IFAD, IFC, IHO, ILO, IMCO, IMF, IPU, ITU, IWC—International Wheat Council, LAFTA, NAMUCAR (Caribbean Multinational Shipping Line—Naviera Multinational del Caribe), OAS, OPEC, SELA, UN, UNESCO, UPU, WHO, WMO, WTO
ECONOMY
GNP: $60 billion (1980, in 1980 dollars), $4,000 per capita; 52% private consumption, 14% public consumption, 34% gross investment (1979); real growth rate −0.1% (1980)
Agriculture: main crops—sugarcane, corn, coffee, rice; imports wheat (US), corn (South Africa), sorghum (Argentina, US); caloric intake 2,435 calories per day per capita (1977)
Fishing: catch 178,000 metric tons (1980); exports $1.6 million (1979), imports $19.7 million (1980)
Major industries: petroleum, iron-ore mining, construction, food processing, textiles
Crude steel: 848,000 metric tons produced (1978), 60 kg per capita
Electric power: 10,000,000 kW capacity (1981); 43.0 billion kWh produced (1981), 2,500 kWh per capita
Exports: $19.3 billion (f.o.b., 1980); petroleum (95%), iron ore, coffee
Imports: $11.3 billion (f.o.b., 1980); industrial machinery and equipment, chemicals, manufactures, wheat
Major trade partners: imports—45% US, 8% Japan, 6% West Germany; exports—30% US, 11% Canada (1980)
Budget: 1980—revenues $14.6 billion; expenditures, $12.0 billion, capital $2.2 billion
Monetary conversion rate: 4.2925 bolivares=US$1 (January 1982)
Fiscal year: calendar year
COMMUNICATIONS
Railroads: 403 km standard gauge (1.435 m) all single track; 173 km government owned, 230 km privately owned
Highways: 77,785 km total; 22,780 km paved, 24,720 km gravel, 14,450 km earth roads, and 15,835 km unimproved earth
Inland waterways: 7,100 km; Orinoco River and Lake Maracaibo accept oceangoing vessels
Pipelines: 6,110 km crude oil; 400 km refined products; 2,495 km natural gas
Ports: 6 major, 17 minor
Civil air: 68 major transport aircraft, including 4 leased in and 1 leased out
Airfields: 268 total, 267 usable; 115 with permanent-surface runways; 7 with runways 2,440-3,659 m, 82 with runways 1,220-2,439 m
Telecommunications: modern expanding telecom system; satellite ground station; 1,165,000 telephones (8.5 per 100 popl.); 215 AM, 50 FM, and 48 TV stations; 3 submarine coaxial cables; 1 Atlantic Ocean satellite station with 2 antennas
DEFENSE FORCES
Military manpower: males 15-49, 4,373,000; 3,322,000 fit for military service; 185,000 reach military age (18) annually
Military budget: proposed for fiscal year ending 31 December 1980, $861.2 million; about 6.5% of central government budget
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