Venezuela: In-depth PESTLE Insights

This PESTLE country analysis report on Venezuela provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative data to support trend analysis.


– Understand the political system in Venezuela through analysis of key figures in the country and governance indicators.

– Understand the economic situation in Venezuela through a balanced assessment of core macroeconomic issues.

– Understand customer demographics in Venezuela through analysis of income distribution and the rural-urban split, as well as healthcare and education.

– Understand the technological landscape in Venezuela through analysis of relevant laws and policies, as well as patents data.

– Understand the legal landscape in Venezuela through analysis of the judicial system as well as performance of the legal indicators

– Understand the environmental landscape in Venezuela through analysis of the environmental regulations and the performance of the environmental indicators


– The political landscape section discusses the evolution of the political scenario in Venezuela, as well as the country's economic, social, foreign, and defense policies. The section also discusses the country's performance according to World Bank Governance Indicators.

– The economic landscape section outlines the evolution of Venezuela 's economy, as well as the country's performance in terms of GDP growth, composition by sector (agriculture, industry, and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector, and employment."

– The social landscape section analyzes the government's social welfare policies, as well as the country's performance in terms of healthcare, income distribution, and education.

Reasons to buy

- What is the outlook in Venezuela in terms of political stability, policies towards business, and the popularity of the government?

- How does Venezuela perform in terms of GDP growth, its fiscal situation, international investment position, monetary situation, and employment?

- How does Venezuela perform in terms of healthcare, income distribution, and education?

- How does Venezuela perform in terms of technology-intensive sectors like IT, life sciences, and R&D expenditure trends?

Table of Contents

Table of Contents


1.1. Catalyst

1.2. Summary

1.2.1. Key findings

1.2.2. PESTLE highlights

1.2.3. Key fundamentals


2.1. Key facts

2.2. Geographical location


3.1. Summary

3.2. Political analysis

3.2.1. Overview

3.2.2. Current Strengths

3.2.3. Current Challenges

3.2.4. Future Prospects

3.2.5. Future Risks

3.3. Economic analysis

3.3.1. Overview

3.3.2. Current Strengths

3.3.3. Current Challenges

3.3.4. Future Prospects

3.3.5. Future Risks

3.4. Social Analysis

3.4.1. Overview

3.4.2. Current Strengths

3.4.3. Current Challenges

3.4.4. Future Prospects

3.4.5. Future Risks

3.5. Technological analysis

3.5.1. Overview

3.5.2. Current Strengths

3.5.3. Current Challenges

3.5.4. Future Prospects

3.5.5. Future Risks

3.6. Legal analysis

3.6.1. Overview

3.6.2. Current Strengths

3.6.3. Current Challenges

3.6.4. Future Prospects

3.6.5. Future Risks

3.7. Environmental Analysis

3.7.1. Overview

3.7.2. Current Strengths

3.7.3. Current Challenges

3.7.4. Future Prospects

3.7.5. Future Risks


4.1. Summary

4.2. Evolution

4.3. Structure and Policies

4.3.1. Key Political Figures

4.3.2. Structure of Government

4.3.3. Composition of the Government

4.3.4. Key Policies

4.4. Performance

4.4.1. Governance indicators

4.5. Outlook


5.1. Summary

5.2. Evolution

5.3. Structure and Policies

5.3.1. Financial System

5.3.2. Stock markets

5.3.3. Banking sector

5.3.4. Insurance

5.4. Performance

5.4.1. GDP and Growth Rate


5.4.2. Foreign Trade

5.4.3. Current Account

5.4.4. International Investment Position

5.4.5. External debt

5.4.6. Credit rating

5.4.7. Monetary Situation

5.4.8. Inflation

5.4.9. Employment

5.5. Outlook


6.1. Summary

6.2. Evolution

6.3. Structure and Policies

6.3.1. Demographic Composition

6.3.2. Education

6.3.3. Healthcare

6.3.4. Social Welfare

6.4. Performance

6.4.1. Healthcare

6.4.2. Income Distribution

6.4.3. Education

6.5. Outlook


7.1. Summary

7.2. Evolution

7.3. Structure and Policies

7.3.1. Intellectual Property

7.3.2. Research and Development

7.4. Performance

7.4.1. Opportunity Sectors



8.1. Summary

8.2. Evolution

8.3. Structure and Policies

8.3.1. Judicial System

8.3.2. Tax Regulations

8.3.3. Social Security Charges

8.3.4. Value-Added Tax

8.4. Performance

8.4.1. Effectiveness of the Legal System

8.5. Outlook


9.1. Summary

9.2. Evolution

9.3. Structure and Policies

9.3.1. Environmental Regulations

9.3.2. Environmental Actions

9.3.3. Participation in Global Efforts, Agreements, and Pacts

9.4. Performance

9.4.1. Environmental Impact

9.5. Outlook


List of Tables

List of Tables

Table 1: : Venezuela Key Fundamentals, 20162023f

Table 2: Venezuela Key Facts, 2019

Table 3: Analysis of Argentina's Political Landscape

Table 4: Analysis of Venezuela's Economy

Table 5: Venezuela’s Petroleum Products Exports by Destination (1,000 b/d), 20122017

Table 6: Natural Gas Reserves in Latin America (bn standard cu m), 20122017

Table 7: Analysis of Venezuela’s Social Landscape

Table 8: Analysis of Venezuela’s Technology Landscape

Table 9: Patents Granted by US Patent and Trademark Office, 20142018

Table 10: Analysis of Venezuela’s Legal Landscape

Table 11: Analysis of Venezuela’s Environmental Landscape

Table 12: Mid-Year Population by Age (Percentage of Population) in 2018e

Table 13: International Environmental Treaties Signed and Ratified by Venezuela

List of Figures

List of Figures

Figure 1: Map of Venezuela

Figure 2: Total Reserves in Venezuela, 20002017

Figure 3: General Government Debt of Venezuela, 20102023f

Figure 4: Age Dependency Ratio, 1990, 20002017

Figure 5: Organized Crime, 20172018

Figure 6: Poverty Trends in Venezuela, 20072015

Figure 7: Venezuela Political Events Timeline

Figure 8: Venezuela, Key Political Figures

Figure 9: Distribution of Seats in the National Assembly after 2015 Elections

Figure 10: Historical GDP Growth Rate of Venezuela, 20072018e

Figure 11: GDP and GDP Growth Rate of Venezuela, 20132023f

Figure 12: Sector Specific GDP in Venezuela, 2017

Figure 13: Agricultural Output in Venezuela, 20132017

Figure 14: Industrial Output in Venezuela, 20132017

Figure 15: Services Output in Venezuela, 20132017

Figure 16: Venezuela’s External Trade Position, 20132017

Figure 17: Consumer Price Index and Inflation in Venezuela, 20132017

Figure 18: Unemployment in Venezuela, 20132023f

Figure 19: Major Religions in Venezuela

Figure 20: Healthcare Expenditure in Venezuela, 20082017

Figure 21: Public Education Expenditure in Venezuela, 20112016

Figure 22: Internet Users in Venezuela, 20132018e

Figure 23: Carbon Dioxide Emissions in Venezuela, 20102017


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