Category Archives: Venezuela

Venezuela, Caracas – Cost of Living

The economy of Venezuela is dominated by the petroleum sector accounting for roughly a third of GDP, around 80% of exports and more than half of government revenues. Gold, diamonds and iron ore are mined as well. Venezuela contains some … Continue reading

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Venezuela, Caracas Cost of Living January 2010

LOCATION: Venezuela is in Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana. CAPITAL CITY: Caracas LARGEST CITY: Caracas CURRENCY: Venezuelan BolĂ­var (VEB) ECONOMY: Venezuela is an upper-middle-income developing country. The petroleum sector … Continue reading

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