The Economy Of Venezuela

No longer available to stream


Date Added: 15th February 2019

Date Removed: 17th October 2020

Available for: 20 months



Venezuela's economy is mostly based on the petroleum and manufacturing sector. Based on oil production, Venezuela is the sixth largest member of OPEC. From the time of the 1920s, Venezuela has been a rentier state, with oil being its main exporting item. Between the 1950s to early 1980s, the Venezuelan economy showed a balanced growth that attracted many immigrants.


Certificate: Not Rated

Year: 2019

Duration: 3 min


Studio: OnlyFundamentals


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