Dating back approximately two billion years, certain rock formations within Canaima National Park rank among the most ancient geological structures on the planet.
The Bolivarian Republic of Venezuela
VenezuelaSouth AmericaGeneral Information
Border Countries
Last Updated: July 2026Source: Internal Research
Key Facts
Venezuela holds some of the world’s largest proven oil reserves, concentrated in the Orinoco Belt, which helps in refreshing the country’s economy.
Angel Falls in Canaima National Park is the world’s highest uninterrupted waterfall.
Lake Maracaibo is one of the oldest lakes on Earth and a historic centre of oil production.
Venezuela is a haven for iconic South American wildlife, home to jaguars, capybaras, giant anteaters, anacondas, and giant river otters.
Rising like islands in the sky, Venezuela’s flat-topped tepuis feature isolated summits home to species found nowhere else on Earth.
Tepuis of the Guiana Shield are table-top mountains with unique endemic flora.
Arepa maize cakes and cacao from the coastal valleys are culinary signatures.
The country is home to more than 1,400 bird species, making it one of the world’s richest countries for birdlife.
Catatumbo lightning can produce spectacular lightning activity on dozens of nights each year around Lake Maracaibo.
Joropo music of the llanos and the national dance are symbols of the interior plains.
The Carnival of El Callao, an annual festival held from January to March, combines Venezuelan traditions with Afro-Antillean and French-Caribbean influences.
Last Updated: July 2026Source: Internal Research
Economic Overview
Macroeconomic Snapshot
Economic Comparison
| Indicator | VenezuelaUAE | ||
|---|---|---|---|
| GDP, current pricesUSD Billions | - | - | |
| GDP, PPPCurrent int$ | - | - | |
| Real GDP growthAnnual percent change (%) | - | - | |
| GDP per capita, current pricesUSD per capita | - | - | |
| PopulationMillions of people | - | - | |
| Unemployment rate% of total labor force | - | - | |
| Inflation rate (avg. consumer prices)Annual percent change (%) | - | - | |
| General government gross debt% of GDP | - | - | |
| Income levelWorld Bank classification | - | - |
Foreign Trade
No data available for this section yet.
Political Overview
Leadership
H.E. Delcy Rodriguez
Since January 2026
H.E. Dr. Yvan Gil Pinto
Since January 2023
H.E. Anabel Pereira Fernandez
Since August 2024
H.E. Luis Antonio Villegas Ramirez
Since January 2026
H.E. General-in-Chief Gustavo Enrique Gonzalez Lopez
Since March 2026
Political Summary
Political System
The President is the Head of State and Head of Government; holds significant executive power, appoints the Cabinet, and commands the armed forces.
Ruling Party
United Socialist Party of Venezuela (PSUV): Left-wing to far-left (since 1999, in continuous power under Chavez → Maduro → current acting government)
Main Opposition Force(s)
Democratic Unitary Platform (PUD): Big Tent; broad opposition coalition led by Maria Corina Machado, who was awarded the 2025 Nobel Peace Prize.
Next Presidential Election
Next Legislative Election
Last Updated: May 2026Source: Internal Research
Membership in Key Organizations and Blocs
No organisation matches.
Last Updated: July 2026Source: Official websites of the respective organizations
Competitiveness Indexes
| Index | Year | Rank Out of | Venezuela | UAE |
|---|
No index matches.
Diplomatic Relations and Representation
Last Updated: June 2026Source: MoFA; Internal Research
Flights by UAE Carriers
Passenger Flights
October 2026 figuresCargo Flights
October 2026 figuresLast Updated: October 2026Source: GCAA
Consular Information
Tourists | Residents | Students | Golden Visa Holders | |
|---|---|---|---|---|
Venezuela Nationalsin the UAE | - | - | - | - |
UAE Citizensin Venezuela | - | - | - | - |
Main Agreements and MoUs
| Agreement / MOU | Status | Notes |
|---|---|---|
CEPAComprehensive Economic Partnership Agreement | Not Signed | - |
IPPAInvestment Protection and Promotion Agreement | Not Signed | The last round of negotiations was held virtually on 19 May 2025. |
DTADouble Taxation Avoidance Agreement | Ratified | Signed on 11 Dec 2010.Entered into force on 20 Jun 2011. |
ASAAir Services Agreement | Not Signed | - |
Last Updated: September 2026Source: Internal Research
UAE Foreign Assistance
| UAE Aid to Venezuela | Total Amount |
|---|---|
| Amount (USD Mn) | - |
Bilateral Visits
Official Visits from the UAE
- H.E. Dr. Thani bin Ahmed Al ZeyoudiMinister of State for Foreign TradeApr2024
- H.E. Reem bint Ebrahim Al HashimyMinister of State for International CooperationJun2023
- H.H. Sheikh Abdullah bin Zayed Al NahyanMinister of Foreign AffairsDec2010
- H.H. Sheikh Hamad bin Mohammed Al SharqiSupreme Council Member and Ruler of FujairahSep2000
Official Visits to the UAE
- Mrs. Veronica CalcinariSpouse of the Vice President for Economy and Finance of VenezuelaFeb2026
- H.E. Calixto Ortega SanchezVice President for Economy and Finance of VenezuelaFeb2026
- H.E. Delcy RodriguezVice President of VenezuelaDec2024
- H.E. Delcy RodriguezVice President of VenezuelaNov2022
- H.E. Delcy RodriguezMinister of Foreign Affairs of VenezuelaJan2015
- H.E. Asdrubal ChavezMinister of Petroleum and Mining of VenezuelaJan2015
- H.E. Hugo ChavezPresident of VenezuelaAug2000
The officials’ titles shown reflect the positions held at the time of the visit.
Last Updated: April 2026Source: Internal Research
Trade
Non-Oil Bilateral Trade
Rank Among UAE's Trade Partners
Key Trade Commodities
Foreign Direct Investment Flows
Source: fDi Markets
Major Companies and Investments
Major Venezuelan Companies in the UAE
- -
Major UAE Companies in Venezuela
- -
Business Support
Cooperation Opportunities
Priority level: HIGH / MEDIUM / EMERGING, based on overall attractiveness to the UAE.
Last Updated: September 2026Source: Internal Research