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Venezuela

Macro View

Markets

Geostrategic & Long Term Issues

Key Indicators

National Accounts - Gross Domestic Product
(Millions of 1997 Bolivares, SA)
14625936.5,14256890.91,14190626.31,13879438.54,13778384.95 13,778,384.95
Consumer Price Index
National - Total
(2007=100, NSA)
158,161,163.7,166.5,169.1 169.1
Balance of Payments
Financial Account - Direct Investment in reporting country
(Millions of US $, NSA)
-336,860,-2479,-1248,-63 -63
Industrial Production
Manufacturing Total
(1997=100, NSA)
108.94,113.09,117.51,120.14,91.94 91.94
Annual Interest Rates
Weighted Average Lending Rates
(%, NSA)
19.84,17.66,19.32,18.17,19.23 19.23
International Reserves
Total
(Mil. US$, NSA)
32388,31966,31596,31378,31118 31,118
data by Moody's

RGE's Q1 2010 Latin America Outlook

Read the Q1 2010 Latin America Outlook.

RGE Analysis

LatAm: Do Brazil's Numbers Add up to a March Hike?

By Bertrand Delgado and Juan Lorenzo Maldonado Mar 16, 2010

LatAm: All Eyes on the Central Banks

By Bertrand Delgado and Juan Lorenzo Maldonado Mar 12, 2010

LatAm: Brazil Strides Forward, Chile Treads with Caution

By Bertrand Delgado and Juan Lorenzo Maldonado Mar 11, 2010

LatAm: Waiting on Hikes and Surveying Quake Damage

By Bertrand Delgado and Juan Lorenzo Maldonado Mar 09, 2010

LatAm: What’s Coming Up? (Week of March 8, 2010)

By Bertrand Delgado and Juan Lorenzo Maldonado Mar 05, 2010

LatAm: Positive Dynamics Persist but Beware of Cool Breezes from the North

By Bertrand Delgado and Juan Lorenzo Maldonado Mar 04, 2010

LatAm: What’s Coming Up? (Week of March 1, 2010)

By Bertrand Delgado and Juan Lorenzo Maldonado Feb 26, 2010

Latin America: What's Coming Up?

By Bertrand Delgado and Juan L. Maldonado Feb 19, 2010

Latin America: Inflation on the Rise at the Beginning of 2010

By Bertrand Delgado and Juan L. Maldonado Feb 09, 2010

Venezuela Devaluation: Alo Presidente!

By Arnab Das, Bertrand Delgado and Natalia Gurushina Jan 11, 2010

Latin American CDS: Fully Recovered, What Are the Risks?

Alejandro Rivera, Elisa Parisi-Capone and Bertrand Delgado Nov 13, 2009

Are Capital Controls in Fashion Again?

RGE Analyst Team Oct 28, 2009

EconoMonitors

Emerging Markets Monitor

In Praise of Roads

Walter Molano Jan 14, 2010

RGE Analysts' EconoMonitor

Latin American CDS: Fully Recovered, What are the Risks?

Alejandro Rivera, Elisa Parisi-Capone and Bertrand Delgado Nov 17, 2009

Daily Digest

Opinions

The USA and Latin America: the decline of greatness

Jamaica Observer  Franklin W Knight Mar 17, 2010

News

Oil Deal Overshadows Putin Visit

The Moscow Times  Anatoly Medetsky Mar 16, 2010

News

Chavez Faces ‘Dante’s Inferno’ of Challenges, Ecoanalitica Says

Bloomberg  Daniel Cancel Mar 16, 2010

News

Guri dam at 12 meters from critical level

El Universal  Mar 15, 2010

News

Public spending loses strength to boost Venezuelan economy

El Universal  Victor Salmeron Mar 15, 2010

News

Venezuela’s Dollar Bonds Rise to Seven-Week High on Oil Rally

Bloomberg  Daniel Cancel Mar 12, 2010

Analysis

Venezuela industry: Risky oil partnerships

Economist Intelligence Unit  Mar 10, 2010

News

Venezuela's oil output up 2.3 million bpd in February

El Universal  Deisy Buitrago Mar 11, 2010

News

Venezuela's external debt increases 32 percent to USD 61.63 billion

El Universal  Victor Salmeron Mar 5, 2010

News

ANALYSIS - Power crisis to hit Venezuela growth, fuel exports

Reuters  Joshua Schneyer Mar 10, 2010

Analysis

FACTBOX-Key political risks to watch in Venezuela

Reuters  Frank Jack Daniel Mar 8, 2010

Analysis

Oil Fueled Centralization: The Case of Venezuela

World Bank  Francisco Monaldi, Osmel Manzano, Jose Manuel Puente and Stefania Vitalev Feb 1, 2010

News

Chávez, Shunning IMF, Gushes About China Oil-for-Credit Deal

Wall Street Journal  Dan Molinski Mar 4, 2010

News

Venezuela in recession until Q3 - gov't source

Reuters  Ana Isabel Martinez Mar 4, 2010

News

Venezuela Owes $12 Billion for Seizures, Chamber Says (Update1)

Business Week  Daniel Cancel and Corina Rodriguez Pons Mar 3, 2010

News

Venezuela Bolivar Falls to Six-Month Low in Unregulated Market

Business Week  Daniel Cancel Mar 3, 2010

News

Venezuela's Bolivar Weakens To Lowest Level In Seven Months

Wall Street Journal  Darcy Crowe Mar 2, 2010

Analysis

Do Oil Exports Fuel Defense Spending?

U.S. Army War College  Clayton K S Chun Feb 17, 2010

News

New Latin American group unlikely to have teeth

The Miami Herald  Andres Oppenheimer Jan 1, 1900

News

Venezuela annuls election of anti-Chavez mayor

The Washigton Post  Feb 25, 2010

News

UPDATE 1-Chavez sees Venezuela growth 0.5-1.0 pct in 2010

Reuters  Mica Rosenberg and Andrew Hay Feb 24, 2010

News

UPDATE 1-Venezuela's Chavez says may restart Colombia imports

Reuters  Mica Rosenberg and Cynthia Osterman Feb 24, 2010

Analysis

Fuel imports soar in oil exporter Venezuela

Reuters  Brian Ellsworth and Marianna Parraga Feb 17, 2010

News

Venezuela Has $5 Billion Stockpile to Boost Unregulated Bolivar

Bloomberg  Daniel Cancel and Corina Rodriguez Pons Feb 23, 2010

Analysis

Hugo Chávez: This Year’s Challenges and Opportunities

Council of Hemispheric Affairs  Patricia Kehoe Feb 19, 2010

News

Venezuela Is Evaluating Colombia Electricity Offer (Update1)

Business Week  Daniel Cancel Feb 19, 2010

News

OPEC quota compliance at lowest in a year

The National  Tamsin Carlisle Feb 10, 2010

News

Venezuela's Polar Defends Itself As Chavez Moves In

Wall Street Journal  Dan Molinski Feb 18, 2010

News

Purchasing power at the lowest level since 2002

El Universal  Suhelis Tejero Puntes and Gerardo Cardenas Feb 18, 2010

News

Venezuela secures $80bn oil investment

Financial Times  Benedict Mander Feb 16, 2010

News

Venezuela Bolivar Jumps Most in Month on Auction Speculation

Business Week  Daniel Cancel Feb 12, 2010

News

Chile replaces Venezuela as Colombia's second export destination

Colombia Reports  Camilla Pease-Watkin Feb 11, 2010

News

Chávez Declares an "Electricity Emergency" in Venezuela

New York Times  Reuters Feb 8, 2010

News

Venezuela Business Forecast Report Q2 2010

Market Research.com  Feb 5, 2010

News

Venezuela's Opposition Protests Slur Chavez at Ball Game

Time  Charlie Devereux Feb 7, 2010

News

Mismanaged Crisis Weakens Chavez

International Relations and Security Network  Samuel Logan Feb 5, 2010

News

J.P. Morgan Stays Overweight Emerging-Market Sovereigns

Wall Street Journal  Riva Froymovich Feb 4, 2010

News

Venezuela needs a Violeta Chamorro

The Miami Herald  Andres Oppenheimer Jan 4, 2010

News

Venezuela Banks to Pay More to Deposit Guarantee Fund (Update1)

Bloomberg  Daniel Cancel and Corina Rodriguez Pons Feb 2, 2010

News

Venezuela Sets New Brokerage Rules After Bank Scandal (Update1)

Business Week  Daniel Cancel and Corina Rodriguez Pons Feb 1, 2010

News

Venezuela Denies Violation of Colombia's Airspace

New York Times  The Associated Press Jan 28, 2010

RGE Writings

Bremmer-Roubini 2010 Global Forecast

RGE Analysts' EconoMonitor  Nouriel Roubini and Ian Bremmer Jan 28, 2010

News

Venezuela Revokes Electricity Rationing In Merida -Report

Wall Street Journal  Dan Molinski Jan 28, 2010

News

Wolf sheds fleece

Economist  Jan 28, 2010

News

Venezuela marches continue, Chavez shuffles cabinet

Reuters  Brian Ellsworth and Enrique Andres Pretel Jan 28, 2010

News

Colombia protest over Venezuela 'airspace violation'

BBC World News  Jan 28, 2010

News

Chavez Currency ‘Burn’ Failing as $93 Billion Leaves Venezuela

Bloomberg  Daniel Cancel Jan 26, 2010

News

Latin American leaders to meet on Haiti

Press TV  Jan 24, 2010

News

Politically divided Venezuela

AL Jazeera  Jan 24, 2010

Analysis

Venezuelan Production Data: Does Anybody Care?

Middle East Economic Survey  Juan Carlos Boué Dec 1, 2009

News

Venezuela Central Bank Sends $3 Billion to State Fund

Bloomberg  Daniel Cancel Jan 22, 2010

News

US: "Venezuela Bolivia, Nicaragua cash in on Haiti's disaster"

El Universal  Alicia De La Rosa Dec 21, 2009

News

Chávez Struggles to Tame Black-Market Dollar Strength

Wall Street Journal  Dan Molinski Jan 21, 2010

News

Venezuela's Chavez Forms Socialist Supermarket Group

Wall Street Journal  Dan Molinski Jan 20, 2010

News

Dealing with Devaluation

Morgan Stanley Global Economic Forum  Giuliana Pardelli Jan 20, 2010

News

Argentina’s Credit Risk to Drop Below Venezuela, Goldman Says

Bloomberg  Laura Cochrane Jan 20, 2010

News

Venezuela Nationalizes French Retail Chain

Wall Street Journal  Darcy Crowe Jan 18, 2010

News

Venezuela to Sell $40 Million of Bonds in Auction

Bloomberg  Daniel Cancel Jan 19, 2010

News

Chavez seeks improved relations with US

The Washigton Post  Christopher Toothaker Jan 17, 2010

News

Venezuela's economy in further slide

BBC World News  Jan 19, 2010

News

Venezuela Begins Expropriation of Six Exito Stores (Update1)

Bloomberg  Daniel Cancel Jan 19, 2010

News

Chavez’s Anti-Dollar Currency to Debut at $1.25, Nacional Says

Bloomberg  Alexander Cuadros Jan 14, 2010

News

Chávez closes 130 shops after price rises

Financial Times  Benedict Mander Jan 14, 2010

News

Chavez Fires Minister for Faulty Caracas Blackout

Bloomberg  Jose Orozco and Daniel Cancel Jan 14, 2010

News

Venezuela to Begin Auctions, Seek Parallel Rate of 5

Bloomberg  Daniel Cancel Jan 13, 2010