Time: Currency: 1 bolivar (Bs) = 100 centimos; $1,00 US = 570.000 Bs (1999). Costs: very moderate. Inflation rate (consumer prices): 29.9% (1998). Location: Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana. Geographic coordinates: 8 00 N, 66 00 W. Highest point: Pico Bolivar (La Columna) 5,007 m. Electricity: . Entry Requirements: Extension of stay: Airport: Departure Tax: Flight Times: Ports and harbors: Amuay, Bajo Grande, El Tablazo, La Guaira, La Salina, Maracaibo, Matanzas, Palua, Puerto Cabello, Puerto la Cruz, Puerto Ordaz, Puerto Sucre, Punta Cardon. Accommodations: Sports: Credit cards: Telephone system: modern and expanding; domestic satellite system with 3 earth stations; 3 submarine coaxial cables; satellite earth station, 1 Intelsat (Atlantic Ocean). Government type: Legal system: based on Napoleonic code; judicial review of legislative acts in Cassation Court only; has not accepted compulsory ICJ jurisdiction. Nationality: Ethnic groups: Spanish, Italian, Portuguese, Arab, German, African, indigenous people. Religions: nominally Roman Catholic 96%, Protestant 2%. Literacy: 91.1% (male: 91.8%, female: 90.3%). Industries: petroleum, iron ore mining, construction materials, food processing, textiles, steel, aluminum, motor vehicle assembly. Agriculture—products: corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish. Natural resources: petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds. GDP—per capita: purchasing power parity—$8,500 (1998 est.). Unemployment rate: 11.5% (1997 est.). Radio frequencies
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