Venezuela

Venezuela is located in Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean between Colombia and Guyana, with the Andes Mountains and Maracaibo Lowlands in the northwest, central plains, and Guiana Highlands in the southeast. The climate is tropical, hot and humid, with more moderate conditions in the highlands. Caracas serves as the capital, and Venezuela has a population of approximately 31.76 million people who speak Spanish.

Venezuela has a struggling South American economy that has experienced ongoing hyperinflation since the mid-2010s, with chaotic economic conditions due to political corruption, infrastructure cuts, and human rights abuses. Key industries are centered on petroleum, and the country possesses vast natural resources including petroleum, natural gas, iron ore, gold, bauxite, hydropower, and diamonds. Venezuela is an oil exporter that has defaulted on its debt and faces rising Chinese relations while its economy remains in severe crisis.