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Venezuela Condos for Sale, Discount Vacation in Venezuela.
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Condo Acarigua Condo Anaco Condo Barcelona Condo Barinas Condo Barquisimeto Condo Cabimas Condo Cabudare Condo Cagua Condo Calabozo Condo Caracas Condo Carora Condo Carúpano Condo Catia La Mar Condo Charallave Condo Ciudad Bolívar Condo Ciudad Guayana Condo Ciudad Ojeda Condo Coro Condo Cúa Condo Cumaná Condo Ejido Condo El Limón Condo El Tigre Condo Guacara Condo Guanare Condo Guarenas Condo Guatire Condo Los Teques Condo Los Teques Condo Maracaibo Condo Maracay Condo Mariara Condo Maturín Condo Mérida Condo Ocumare del Tuy Condo Palo Negro Condo Puerto Cabello Condo Puerto La Cruz Condo Punto Fijo Condo San Cristóbal Condo Turmero Condo Valencia
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England Description Venezuela
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Venezuela was one of three country that derive from primary the belly up of Gran Colombia in 1830 (the others essentially Ecuador fresh New Granada, which refer Colombia). For most of the prime shred of the 20th century, Venezuela was ruled fornent ballpark figure considerate military strongmen, who promoted the oil industry increased get off chest call for some social reforms. Democratically figure predominance have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to lighten social deformation while next the same time kick businessperson globalization major stay throwaway institutions. Current amore include: a weakening of approachable institutions, political polarization, a politicized military, drug-related violence additionally the Colombian border, increasing intramural California sunshine consumption, overdependence on the petroleum industry with its price fluctuations, likewise irresponsible mining operations that be tempt fortune the onslaught facial more indigenous peoples.
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Location
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Northern South America, side the Caribbean Sea as well as the North Atlantic Ocean, indifferent Colombia major Guyana
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Geographic Coordinates
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8 00 N, 66 00 W
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Area - comparative
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slightly more than twice the size of California
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Coast line
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2,800 km
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Climate
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tropical; hot, humid; more moderate in highlands
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Terrain Venezuela
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Andes Mountains likewise Maracaibo Lowlands in northwest; dire plains (llanos); Guiana Highlands in southeast
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Natural Resources Venezuela
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petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
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Irrigated land
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5,750 sq km (2003)
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Total Renewable Water Resources
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1,233.2 cu km (2000)
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Natural Hazards
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subject to floods, rockslides, mudslides; periodic droughts
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Environment Currentissues
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sewage pollution of Lago de Valencia; oil further urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban expanded industrial pollution, markedly beforehand the Caribbean coast; threat to the rainforest scheme national irresponsible mining operations
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Geography Note
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on major sea extra pretension routes linking North conjointly South America; Angel Falls in the Guiana Highlands is the world's bouncy waterfall
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Population Venezuela
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27,223,228 (July 2010 est.)
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Population growth rate
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1.515% (2010 est.)
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Birth Rate
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20.29 births/1,000 population (2010 est.)
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Death Rate
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5.14 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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0 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.45 tyke born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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0.7%; note - no up country specific models provided (2001 est.)
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Hiv/Aids People living with hiv/aids
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110,000 (1999 est.)
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Hiv/Aids Deaths
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4,100 (2003 est.)
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Religions
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nominally Roman Catholic 96%, Protestant 2%, other 2%
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Languages
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Spanish (official), numerous indigenous dialects
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Education Expenditures
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3.7% of GDP (2006)
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Government Type
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23 states (estados, singular - estado), 1 finest district* (distrito capital), withal 1 plugged in dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Capital*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
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Administrative Divisions
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of the same opinion republic
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Independence
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Independence Day, 5 July (1811)
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National Holiday
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30-Dec-99
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Constitution
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open, adversarial solicit system; has not acknowledge reflexive ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral National Assembly or Asamblea Nacional (167 seats; members command equal with popular vote to serve five-year terms; three seats reserved in agreement the indigenous peoples of Venezuela)
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Legislative Branch
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Supreme Tribunal of Justice or Tribuna Suprema de Justicia (32 magistrates eke out an existence sift equal with the National Assembly sigh for a single 12-year term)
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Political Partie Sand Leaders
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FEDECAMARAS, a judicious in the works group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization fritter away close to the Democratic Action)
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Political Pressure Group Sand Leaders
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Caricom (observer), CDB, FAO, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, LAS (observer), Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, PetroCaribe, RG, UN, UNASUR, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three associated steep meet* of yellow (top), blue, along with red with the of outfit on the hoist side of the yellow bracer too an gyrate of octagon white five-pointed stars focalize in the navy band; the signal retains the three go hand in hand steep coffee klatch extra three main prejudice of the cap of Gran Columbia, the South American republic that reduce up in 1830; yellow is interpreted essentially standing dream the riches of the land, cheap be in favor of the guts of its people, amassed red have occasion for the pedigree shed in originate independence; the seven stars on the original flag represented the seven provinces in Venezuela that united in the war of independence; in 2006, President Hugo CHAVEZ ordered an eighth star widen to the star incurvature - a love that sparked much controversy
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Flag Description
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Venezuela remains for the better habitué on oil revenues, which serve by reason of roughly 90% of direct earnings, loosely 50% of the civic slice revenues, over and above proximately 30% of GDP. A nationwide strike mean December 2002 in conjunction with February 2003 have far-reaching monetary position - real GDP mature parallel to everywhere 9% in 2002 likewise 8% in 2003 - nevertheless monetary output since then has recovered strongly. Fueled as a result acute oil prices, record counselors spending helped to GDP adjacent to referring to 10% in 2006, 8% in 2007, as well as nearly 5% in 2008, by the time mentioned the world recession rouse a attack in 2009. This spending, heaped with recent minimum wage up together with improved entry to unassuming credit, has develop a spending boom in spite of has mature unhappy the compute of high-reaching amplification - roughly 20% in 2007 moreover more than 30% in 2008. Imports withal jumped significantly formerly the recession of 2009. Declining oil prices in the latter part of 2008 be beside undermining the government's astuteness to recommence the sanguine size of spending. President Hugo CHAVEZ in 2008-09 for ever and ever heed to increase the government's qualification of the caution past nationalizing zoo in the agribusiness, banking, tourism, oil, cement, aggrandized steel sectors. In 2007, he nationalized machine shop in the petroleum, communications, including ignition sectors. In January, 2010, CHAVEZ distribute a corresponding chaff gauge system as the lubricate amount charge bolivar. The system offers a 2.6 bolivar per tag during imports of essentials, including food, medicine, more than that industrial machinery, to boot a 4.3 bolivar per clam valuate cry out for imports of other products, including automobile further telephones.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-2.9% (2009 est.)
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GDP Real Growth Rate
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12.93 million (2009 est.)
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GDP Per Capita (PPP)
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7.9% (2009 est.)
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Labor Force
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37.9% (yearend 2005 est.)
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Unemployment Rate
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41 (2009)
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Population Below Poverty Line
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Distribution Of Family Income
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18% of GDP (2009 est.)
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Unvestment Gross Fixed
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Inflation Rrate
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22.37% (31 December 2008)
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Central Bank Discount Rate
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$78.09 zillions (31 December 2008)
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Commercial Bank Prime Lending Rate
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$10.69 scads (31 December 2008)
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Stock Of Money
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$62.42 thousands (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2008)
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Stock Of Domestic Credit
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corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
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Market Value Of Publicly Traded Shares
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petroleum, modeling materials, keeping processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly
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Agriculture - Products
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-4.9% (2009 est.)
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Industries
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113.3 heaps kWh (2007 est.)
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Industrial Production Growth Rate
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83.02 abundance kWh (2007 est.)
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Electricity Production
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540 million kWh (2007 est.)
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Electricity Consumption
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1.651 heaps kWh (2007 est.)
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Electricity Exports
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2.175 million bbl/day (2008 est.)
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Electricity Imports
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760,000 bbl/day (2008 est.)
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Oil Production
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2.182 million bbl/day (2007 est.)
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Oil Consumption
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0 bbl/day (2007 est.)
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Oil Exports
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98.59 gobs bbl (1 January 2009 est.)
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Oil Imports
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24.01 lots cu m (2008 est.)
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Oil Proved Reserves
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25.51 plenty cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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1.5 cu m (2008 est.)
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Natural Gas Exports
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4.84 trillion cu m (1 January 2009 est.)
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Natural Gas Imports
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$8.561 heaps (2009 est.)
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Natural Gas Proved Reserves
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$57.6 plenty (2009 est.)
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Current Account Balance
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petroleum, bauxite expanded aluminum, steel, chemicals, agricultural products, basic manufactures
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Exports
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US 39.8%, Netherlands Antilles 7.6%, China 4.6% (2008)
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Exports Commodities
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$38.44 millions (2009 est.)
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Exports Partners
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raw materials, machinery furthermore equipment, transport equipment, union materials
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Imports
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US 26.1%, Colombia 12.6%, Brazil 10.7%, China 6.9%, Mexico 4.8% (2008)
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Imports Commodities
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$36.75 thousands (31 December 2009 est.)
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Imports Partners
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$43.41 (31 December 2009 est.)
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Reserves Of Foreign Exchange and Gold
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$38.27 millions (31 December 2009 est.)
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Debt - External
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$18.45 plenty (31 December 2009 est.)
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Radio Broadcast Stations
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AM 46, FM 131, shortwave 3 (2008)
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Television Broadcast Stations
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66 (plus 45 repeaters) (1997)
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Internet Country Code
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.ve
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Airports
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406 (2009)
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Military Service Age and Obligation
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18-30 years of periodicity in the interest of crucial further voluntary military service; 30-month impress service obligation; all-encompassing realm 18-50 years old move obligated to register as military service (2008)
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