FAQ

Is Venezuela current economy still depending on oil? Venezuela economy categorises oil as its primary revenue source that has a rough estimation of 96% of its export earnings. The production of petroleum products has been evaluated as the fundamental cornerstone of the economy of Venezuela. Despite the international rankings of …

A few words

Hi! Venezuela is located in the Northern Coast of South America. Earlier on, this country was colonised by Spain and later got its independence in 1822. It happens to be the first Spanish American country to free itself from the colonial powers. It’s a country with a promising economic potential. …