132-598: Caracas ( / k ə ˈ r æ k ə s , - ˈ r ɑː k -/ kə- RA(H)K -əs , Spanish: [kaˈɾakas] ), officially Santiago de León de Caracas ( CCS ), is the capital and largest city of Venezuela , and the center of the Metropolitan Region of Caracas (or Greater Caracas). Caracas is located along the Guaire River in the northern part of the country, within the Caracas Valley of
264-537: A continental landmass and many islands and islets in the Caribbean Sea . It comprises an area of 916,445 km (353,841 sq mi), and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas . The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean , on the west by Colombia , Brazil on
396-429: A recession , and in 2015, had the world's highest inflation, surpassing 100%. In 2017, Donald Trump 's administration imposed more economic sanctions against PDVSA and Venezuelan officials. Economic problems, as well as crime, were the causes of the 2014–present Venezuelan protests . Since 2014, roughly 5.6 million people have fled Venezuela . In January 2016, Maduro decreed an "economic emergency", revealing
528-561: A 1999 constituent assembly to write a new Constitution. The Revolution refers to a left-wing populism social movement and political process led by Chávez, who founded the Fifth Republic Movement in 1997 and the United Socialist Party of Venezuela in 2007. The "Bolivarian Revolution" is named after Simón Bolívar . According to Chávez and other supporters, the "Bolivarian Revolution" sought to build
660-612: A Caracas , written by the composer Tiero Pezzuti de Matteis with the lyrics by José Enrique Sarabia and approved in 1984. Caracas is contained entirely within a valley of the Venezuelan Central Range , and is separated from the Caribbean coast by a roughly 15-kilometer (9 mi) expanse of El Ávila National Park . The valley is relatively small and quite irregular, and the altitude varies from between 870 and 1,043 meters (2,854 and 3,422 ft) above sea level ;
792-612: A capacity of 40,000 spectators, while the Tiburones de La Guaira plays at University Stadium , with a capacity of nearly 26,000 spectators. The football stadiums in the city include the Olympic Stadium , home to Caracas Fútbol Club and Deportivo La Guaira, with a capacity of 30,000 spectators, and the Brígido Iriarte Stadium , home to Atlético Venezuela, with a capacity of 12,000 spectators. In basketball,
924-419: A clean slate and his political rights reinstated, allowing Chávez to win and maintain the presidency continuously from 1999 until his death in 2013. Chávez won the elections of 1998, 2000, 2006 and 2012 and the presidential referendum of 2004. A collapse in confidence in the existing parties led to Hugo Chávez being elected president in 1998 and the subsequent launch of a "Bolivarian Revolution", beginning with
1056-677: A heavy dependence on agricultural exports. It prompted a boom that lasted into the 1980s; by 1935, Venezuela's per capita gross domestic product was Latin America's highest. Gómez benefited handsomely from this, as corruption thrived, but at the same time, the new source of income helped him centralize the state and develop its authority. Gómez remained the most powerful man in Venezuela until his death in 1935. The gomecista dictatorship (1935–1945) system largely continued under Eleazar López Contreras , but from 1941, under Isaías Medina Angarita ,
1188-603: A large expeditionary force to come under general Pablo Morillo , with the goal to regain the lost territory in Venezuela and New Granada. As the war reached a stalemate on 1817, Bolívar reestablished the Third Republic of Venezuela on the territory still controlled by the patriots, mainly in the Guayana and Llanos regions. This republic was short-lived as only two years later, during the Congress of Angostura of 1819,
1320-462: A large quantity of fresh water being inside and in such close proximity to salt water; the very mild temperateness also corroborates this; and if the water of which I speak does not proceed from Paradise then it is an even greater marvel, because I do not believe such a large and deep river has ever been known to exist in this world. Spain's colonization of mainland Venezuela started in 1522, establishing its first permanent South American settlement in
1452-409: A largely service-based economy, apart from some industrial activity in its metropolitan area. The Caracas Stock Exchange and Petróleos de Venezuela (PDVSA) are headquartered here. PDVSA, a state-run organization, is the largest company in Venezuela, and negotiates all the international agreements for the distribution and export of petroleum. When it existed, the airline Viasa had its headquarters in
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#17327660665731584-706: A longstanding dispute with Great Britain about the Essequibo territory, which Britain claimed as part of British Guiana and Venezuela saw as Venezuelan territory, erupted into the Venezuela Crisis of 1895 . The dispute became a diplomatic crisis when Venezuela's lobbyist, William L. Scruggs , sought to argue that British behavior over the issue violated the United States ' Monroe Doctrine of 1823, and used his influence in Washington, D.C., to pursue
1716-566: A mass movement to implement Bolivarianism — popular democracy , economic independence, equitable distribution of revenues, and an end to political corruption. They interpret Bolívar's ideas from a populist perspective, using socialist rhetoric. This led to formation of the Fifth Republic of Venezuela , commonly known as the Bolivarian Republic of Venezuela , that continues to the present day. Venezuela has been considered
1848-486: A mechanism of political innovation. Venezuela decentralized its political system and diversified its economy, reducing the size of the state. COPRE operated as an innovation mechanism, also by incorporating issues into the political agenda, that were excluded from public deliberation by the main actors of the democratic system. The most discussed topics were incorporated into the public agenda: decentralization, political participation, municipalization, judicial order reforms and
1980-411: A native workforce, which allowed a trade network to develop between Caracas, the interior, and Margarita; the towns further inland produced ample cotton products and beeswax, and Margarita was a rich source of pearls. The Caracas valley had a good environment for both agricultural and arable farming, which contributed to the system of commerce but meant that the town's population was initially sparse, as it
2112-464: A report documented enforced disappearances that occurred in 2018–19. 724 enforced disappearances of political detainees were reported. The report stated that security forces subjected victims to torture . The report stated the government used enforced disappearances to silence opponents and other critical voices. Maduro ran for a third consecutive term in the 2024 presidential election , while former diplomat Edmundo González Urrutia represented
2244-467: A result of demonstrations by poor Chávez supporters and actions by the military. Chávez remained in power after an all-out national strike that lasted from December 2002 to February 2003 , including a strike/lockout in the state oil company PDVSA . Capital flight before and during the strike led to the reimposition of currency controls . In the subsequent decade, the government was forced into currency devaluations. These devaluations did not improve
2376-548: A third of its land, in poorly-planned slums that are generally dangerous to live in and access. Caracas has exceeded the administrative limits of its perimeter due to accelerated population growth, so that its most suitable demographic study territory is the Metropolitan District or AMC. According to 2011 calculations by the National Institute of Statistics, the metropolitan city had a population for
2508-708: Is US$ 70 billion and the GDP (PPP) per capita is US$ 24,000. A 2009 United Nations survey reported that the cost of living in Caracas was 89% of that of the survey's baseline city, New York. However, this statistic is based upon a fixed currency-exchange-rate of 2003 and might not be completely realistic, due to the elevated inflation rates of the last several years. In 2013, the World Economic Forum evaluated countries in terms of how successful they were in advertising campaigns to attract foreign visitors. Out of
2640-610: Is also Venezuela's cultural capital, with many restaurants, theaters, museums, and shopping centers. Caracas has some of the tallest skyscrapers in Latin America, such as the Parque Central Towers . The Museum of Contemporary Art of Caracas is one of the most important in South America. Before the city was founded in 1567, the valley of Caracas was populated by indigenous peoples. Francisco Fajardo ,
2772-478: Is called ranchos, built improvised, without any official planning, with deficiencies and inadequate materials, marking a difference between those who live in the valley proper, 45% of the population in 25% of the urban area lives in these settlements. The city center, developed around a small historic center, represents less than a quarter of the total area of the city, which has spread along the valley and has also been connected in recent years with satellite cities in
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#17327660665732904-498: Is entirely located in the tropics over the Equator to around 12° N. Its climate varies from humid low-elevation plains, where average annual temperatures range as high as 35 °C (95.0 °F), to glaciers and highlands (the páramos ) with an average yearly temperature of 8 °C (46.4 °F). Annual rainfall varies from 430 mm (16.9 in) in the semiarid portions of the northwest to over 1,000 mm (39.4 in) in
3036-420: Is such that it does not allow the maintenance of the life of the species that once populated the basin, and it has become extinct or has been restricted to the highest areas of the basin, mainly within the boundaries of the national park. Avila. Awareness for the recovery of the basin has recently begun, however, much remains to be done before results can be observed. Among the main rivers and streams that make up
3168-461: The 1947 Venezuelan presidential election (the first free and fair elections in Venezuela). Gallegos governed until overthrown by a military junta led by the triumvirate Luis Felipe Llovera Páez [ es ] , Marcos Pérez Jiménez , and Gallegos' Defense Minister, Carlos Delgado Chalbaud , in the 1948 Venezuelan coup d'état . The most powerful man in the military junta (1948–58)
3300-589: The 1968 election for COPEI, the first time a party other than Democratic Action took the presidency through a democratic election. The new democratic order had its antagonists. Betancourt suffered an attack planned by the Dominican dictator Rafael Trujillo in 1960, and the leftists excluded from the Pact initiated an insurgency by organizing themselves into the Armed Forces of National Liberation, sponsored by
3432-702: The 2018 election with 68% of the vote. The result was challenged by Argentina, Chile, Colombia, Brazil, Canada, Germany, France and the US who deemed it fraudulent and recognized Juan Guaidó as president. Other countries continued to recognize Maduro, although China, facing financial pressure over its position, began hedging by decreasing loans, cancelling joint ventures, and signaling willingness to work with all parties. In August 2019, Trump imposed an economic embargo against Venezuela. In March 2020, Trump indicted Maduro and Venezuelan officials, on charges of drug trafficking, narcoterrorism , and corruption. In June 2020,
3564-553: The Battle of Carabobo . Urban reforms only took place towards the end of the 19th century, under Antonio Guzmán Blanco : some landmarks were built, but the city remained distinctly colonial until the 1930s. Caracas grew in size, population, and economic importance during Venezuela's oil boom in the early 20th century. In the 1950s, the metropolitan area of Gran Caracas was developed, and the city began an intensive modernization program, funding public buildings, which continued throughout
3696-714: The Cocodrilos de Caracas play their games in the Gimnasio José Beracasa in the El Paraíso neighborhood. Caracas is the seat of the National Institute of Sports and of the Venezuelan Olympic Committee . The city hosted the 1983 Pan American Games . The Central University of Venezuela ( Universidad Central de Venezuela , UCV) is a public university founded in 1721: it is the oldest university in Venezuela. The university campus
3828-594: The Essequibo area and with Colombia concerning the Gulf of Venezuela . In 1895, after years of diplomatic attempts to solve the border dispute, the dispute over the Essequibo River border flared up. It was submitted to a "neutral" commission (composed of British, American, and Russian representatives and without a direct Venezuelan representative), which in 1899 decided mostly against Venezuela's claim. Venezuela
3960-620: The Guipuzcoan Company of Caracas was founded by the king, and the cacao business grew in importance. Caracas was made one of the three provinces of Nueva Granada , corresponding to Venezuela, in 1739. Over the next three decades the Viceroyalty was variously split, with Caracas province becoming the Venezuela province. Luis de Unzaga created the Captaincy General of Venezuela in the summer of 1777, with Caracas as
4092-591: The Iberian Peninsula , and the Spanish profited from buying it from Caracas farmers. This cemented the city in the empire's trade circuit. During the 16th and 17th centuries, the coast of Venezuela was frequently raided by pirates. With the coastal mountains of the Central Range as a barrier, Caracas was relatively immune to such attacks, compared to other Caribbean coastal settlements, but in 1595
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4224-717: The Indigenous inhabitants . Native caciques (leaders) such as Guaicaipuro ( c. 1530–1568 ) and Tamanaco (died 1573) attempted to resist Spanish incursions, but the newcomers ultimately subdued them. In the 16th century, during the Spanish colonization, indigenous peoples such as the Mariches , themselves descendants of the Kalina, were converted to Roman Catholicism . Some resisting tribes or leaders are commemorated in place names, including Caracas, Chacao and Los Teques . The early colonial settlements focused on
4356-631: The Maracaibo lowlands in the northwest, the northern mountains extending in a broad east–west arc from the Colombian border along the northern Caribbean coast, the wide plains in central Venezuela, and the Guiana Highlands in the southeast. The northern mountains are the extreme northeastern extensions of South America's Andes mountain range. Pico Bolívar , the nation's highest point at 4,979 m (16,335 ft), lies in this region. To
4488-488: The Preston–Somers expedition landed and around 200 English Privateers , including George Somers and Amyas Preston , crossed the mountains through a little-used pass while the town's defenders were guarding the more frequently used one. Encountering little resistance, the invaders sacked and set fire to the town after a failed ransom negotiation. The city managed to rebuild, using wheat profits and "a lot of sacrifice". In
4620-506: The Unitary Platform ( Spanish : Plataforma Unitaria Democrática ; PUD), the main opposition political alliance. Polls conducted before the election indicated that González would win by a wide margin. After the government-controlled National Electoral Council (CNE) announced partial results showing a narrow Maduro victory on 29 July, world leaders predominantly expressed skepticism of the claimed results and did not recognize
4752-735: The United Nations Office on Drugs and Crime . By 2019, Caracas was the city with the sixth highest homicide rate in the world outside of a warzone , with a rate of around 76 murders per 100,000 people. In 2023 it was the nineteenth , with a rate of around 52 murders per 100,000 people. Most murders and other violent crimes go unsolved, with estimates of the number of unresolved crimes as high as 98%. The U.S. Department of State and British Foreign and Commonwealth Office have issued travel warnings for Venezuela due to high rates of crime. Businesses that are located in Caracas include service companies, banks, and malls, among others. It has
4884-698: The Venezuela Crisis of 1902–1903 , in which Britain, Germany and Italy imposed a naval blockade before international arbitration at the new Permanent Court of Arbitration was agreed. In 1908, another dispute broke out with the Netherlands, which was resolved when Castro left for medical treatment in Germany and was promptly overthrown by Juan Vicente Gómez (1908–35). The discovery of massive oil deposits in Lake Maracaibo during World War I proved pivotal for Venezuela and transformed its economy from
5016-575: The Venezuelan coastal mountain range (Cordillera de la Costa). The valley is close to the Caribbean Sea , separated from the coast by a steep 2,200-meter-high (7,200 ft) mountain range, Cerro El Ávila ; to the south there are more hills and mountains. The Metropolitan Region of Caracas has an estimated population of almost 5 million inhabitants. The historic center of the city is the Cathedral , located on Bolívar Square , though some consider
5148-480: The aftermath of the announcement of results by the election authorities, protests broke out across the country . Venezuela is located in the north of South America; geologically, its mainland rests on the South American Plate . It has a total area of 916,445 km (353,841 sq mi) and a land area of 882,050 km (340,560 sq mi), making Venezuela the 33rd largest country in
5280-455: The arepa , a staple in Venezuelan cuisine . After the conquest, the population dropped markedly, mainly through the spread of infectious diseases from Europe. Two main north–south axes of pre-Columbian population were present, who cultivated maize in the west and manioc in the east. Large parts of the llanos were cultivated through a combination of slash and burn and permanent settled agriculture. In 1498, during his third voyage to
5412-585: The impeachment of a President for embezzlement of public funds charges in 1993. The collapse in confidence in the existing parties saw the 1998 Venezuelan presidential election , the catalyst for the Bolivarian Revolution , which began with a 1999 Constituent Assembly , where a new Constitution of Venezuela was imposed. The government's populist social welfare policies were bolstered by soaring oil prices, temporarily increasing social spending, and reducing economic inequality and poverty in
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5544-636: The 140 countries evaluated, Venezuela came last. A major factor that has contributed to the lack of foreign visitors has been poor transport for tourists. Venezuela has limited railway systems and airlines. High crime rates and the negative attitude of the Venezuelan population towards tourism also contributed to the poor evaluation. In an attempt to attract more foreign visitors, the Venezuelan Ministry of Tourism invested in multiple hotel infrastructures. The largest hotel investment has been in
5676-550: The 1620s, farmers in Caracas discovered that Cacao beans could be sold, first selling them to native people of Mexico and quickly growing across the Caribbean . The city became important in the Viceroyalty of New Spain , as well as moving from largely native slave labor to African slaves, the first of the Spanish colonies to become part of the slave trade . The city was successful and operated on cacao and slave trade until
5808-613: The 1650s, when an alhorra blight, the Mexican Inquisition of many of their Portuguese traders, and increased cacao production in Guayaquil greatly affected the market. This and the destructive 1641 earthquake put the city into decline, and they likely began illegally trading with the Dutch Empire , which Caraqueños later proved sympathetic to; by the 1670s, Caracas had a trading route through Curaçao . In 1728,
5940-694: The 1960s and early 1970s. Cultural landmarks, like the University City of Caracas , designed by modernist architect Carlos Raúl Villanueva and declared a World Heritage Site by UNESCO in 2000; the Caracas Museum of Contemporary Art ; and the Teresa Carreño Cultural Complex were built, as well as the Caracas Metro and a developed downtown area. Urban development was rapid, leading to the growth of slums on
6072-475: The 1960s, President Rómulo Betancourt followed the same policy as the Marcos Pérez Jiménez government: promoting immigration, especially from Latin America and from other parts of the world. These policies were maintained until the late 1980s, with a notable influx of Argentines, Uruguayans, Chileans, Cubans, Peruvians, Ecuadorians, Chinese, and Arabs. Towards the beginning of the 1980s, immigration
6204-464: The 2011 census of 2,923,959 inhabitants. The Metropolitan District represents less than 1% of the national territory and is home to one-fifteenth of the total population of the country. In percentage numbers, 9.2% of the nation's total population lives in the five capital municipalities, out of the 335 municipalities that comprise the country. The region is called Greater Caracas or Metropolitan Region of Caracas (RMC) satellite cities or adjacent bedrooms:
6336-584: The Altos Mirandinos, the Central Coast of La Guaira, Guarenas, Guatire and the Valles del Tuy. This agglomeration had an estimated population of 4.3 million inhabitants in 2011. In the 20th century, an exodus of the peasantry to the capital and other cities intensified, motivated by a search for improvements in their quality of life. This led to depopulation of the rural areas of the country and
6468-599: The Americas, Christopher Columbus sailed near the Orinoco Delta and landed in the Gulf of Paria . Amazed by the great offshore current of freshwater which deflected his course eastward, Columbus expressed in a letter to Isabella and Ferdinand that he must have reached Heaven on Earth (terrestrial paradise): Great signs are these of the Terrestrial Paradise... for I have never read or heard of such
6600-476: The Bolivarian Republic following the adoption of the new Constitution of 1999 . Following Chávez's election, Venezuela developed into a dominant-party system , dominated by the United Socialist Party of Venezuela . In April 2002, Chávez was briefly ousted from power in the 2002 Venezuelan coup d'état attempt following popular demonstrations by his opponents, but Chavez returned after two days as
6732-558: The CNE claims with only some exceptions. Both González and Maduro proclaimed themselves winners of the election. The results of the election were not recognized by the Carter Center and Organization of American States due to the lack of granular results, and disputed by the opposition, which claimed a landslide victory and released access to vote tallies collected by poll watchers from a majority of polling centers as proof. In
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#17327660665736864-867: The Capital District is a government system constituted by an executive body exercised by a Head of Government, and the legislative function will be in charge of the National Assembly. Before the creation of the Metropolitan District, the Federal District (current Capital District) had a governor appointed by the President of the Republic, while the Caracas municipalities of the State of Miranda governed with their respective mayors in isolation, without any coordinating entity. In April 2009,
6996-450: The Caracas valley. On 25 July 1567, Captain Diego de Losada laid the foundations of the city of Santiago de León de Caracas . De Losada had been commissioned to capture the valley, and was successful by splitting the natives into different groups to work with, then fighting and defeating each of them. The town was the closest to the coast of these new settlements, and the colonists retained
7128-680: The Communist Party and Fidel Castro . In 1962 they tried to destabilize the military corps, with failed revolts. Betancourt promoted a foreign policy, the Betancourt Doctrine , in which he only recognized elected governments by popular vote. The 1973 Venezuelan presidential election of Carlos Andrés Pérez coincided with an oil crisis , in which Venezuela's income exploded as oil prices soared; oil industries were nationalized in 1976. This led to massive increases in public spending, but also increases in external debts, until
7260-469: The Granadian army; leading it, he liberated several countries and founded the Republic of Colombia ( Gran Colombia ). Sucre went on to liberate Ecuador and become the second president of Bolivia . Venezuela remained part of Gran Colombia until 1830, when a rebellion led by José Antonio Páez allowed the proclamation of a newly independent Venezuela, on 22 September; Páez became the first president of
7392-542: The Hotel Alba Caracas. The cost for the general maintenance of the north and south towers of the hotel is approximately 231.5 million Venezuelan bolivars. Although the Venezuelan Ministry of Tourism has taken the initiative to recognize the importance of the tourism industry, the Venezuelan government has not placed the tourism industry as an economic priority. In 2013, the budget for the Ministry of Tourism
7524-421: The Metropolitan District of Caracas would be created and that some of the powers of the Libertador , Chacao , Baruta , Sucre , and El Hatillo municipalities would be delegated to the Alcaldía Mayor , physically located in the large Libertador municipality, in the center of the city. The Metropolitan District of Caracas was suppressed on 20 December 2017 by the Constituent National Assembly of Venezuela . In
7656-486: The Middle East, Germany, China, and other Latin American countries. The Simón Bolívar Symphony Orchestra is based in Caracas. Originally a youth orchestra, it is connected with the Fundación Musical Simón Bolívar (FMSB), known colloquially as El Sistema , Venezuela's social action music programme. The Guardian wrote that the orchestra represented "a message of social inclusion and the manifest power of music to bring communities together". Professional sports teams in
7788-448: The National Assembly reformed the Capital District Law, legalizing the constitution of a Head of Government or Governor for the Libertador municipality designated by the National Executive. Using as an argument what is established in article 156 of the constitution: Article 156. It is the competence of the National Public Power: 10. The organization and regime of the Capital District and federal dependencies. The city of Caracas occupies
7920-420: The Orinoco Delta of the far east and the Amazonian Jungle in the south. The precipitation level is lower in the period from August through April. These periods are referred to as hot-humid and cold-dry seasons. Another characteristic of the climate is this variation throughout the country by the existence of a mountain range called "Cordillera de la Costa" which crosses the country from east to west. The majority of
8052-741: The Spanish conquest; it has been estimated at one million. In addition to Indigenous peoples known today, the population included groups such as the Kalina (Caribs), Auaké , Caquetio , Mariche , and Timoto–Cuicas . The Timoto–Cuica culture was the most complex society in Pre-Columbian Venezuela, with pre-planned permanent villages, surrounded by irrigated, terraced fields. Their houses were made of stone and wood with thatched roofs. They were peaceful and depended on growing crops. Regional crops included potatoes and ullucos . They left behind art, particularly anthropomorphic ceramics, but no major monuments. They spun vegetable fibers to weave into textiles and mats for housing. They are credited with having invented
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#17327660665738184-435: The Torre Viasa. Several international companies and embassies are located in El Rosal and Las Mercedes , in the Caracas area. The city also serves as a hub for communication and transportation infrastructure between the metropolitan area and the rest of the country. Important industries in Caracas include chemicals, textiles, leather, food , iron, and wood products. There are also rubber and cement factories. Its nominal GDP
8316-510: The Vespucci and Ojeda crew, gave a different account. In his work Summa de geografía , he states that the crew found Indigenous peoples who called themselves the Veneciuela. Thus, the name "Venezuela" may have evolved from the native word. Previously, the official name was Estado de Venezuela (1830–1856), República de Venezuela (1856–1864), Estados Unidos de Venezuela (1864–1953), and again República de Venezuela (1953–1999). Evidence exists of human habitation in
8448-407: The Welsers the right to explore, rule and colonize the territory, as well as to seek the mythical golden town of El Dorado . The first expedition was led by Ambrosius Ehinger , who established Maracaibo in 1529. After the deaths of first Ehinger (1533), then Nikolaus Federmann , and Georg von Speyer (1540), Philipp von Hutten persisted in exploring the interior. In absence of von Hutten from
8580-421: The area now known as Venezuela from about 15,000 years ago. Tools have been found on the high riverine terraces of the Rio Pedregal in western Venezuela. Late Pleistocene hunting artifacts, including spear tips, have been found at a similar series of sites in northwestern Venezuela; according to radiocarbon dating , these date from 13,000 to 7,000 BC. It is unknown how many people lived in Venezuela before
8712-404: The basin are in its northern slope: San Pedro River, Macarao River, Quebrada Caroata, Catuche River, Anauco River, Chacaito River, Tocome River, Caurimare River; on its southern slope we find that among the main tributaries are: El Valle river, Quebrada Baruta and Quebrada La Guairita. In the upper part of the basin there are two reservoirs with the purpose of supplying water to the western part of
8844-472: The bipartisanship governments, used the growing anger at economic austerity measures to justify a coup attempt in February 1992 ; a second coup d'état attempt occurred in November . President Carlos Andrés Pérez (re-elected in 1988) was impeached under embezzlement charges in 1993, leading to the interim presidency of Ramón José Velásquez (1993–1994). Coup leader Chávez was pardoned in March 1994 by president Rafael Caldera (1994–1999, his second term), with
8976-530: The capital of the province, the crown of Spain claimed the right to appoint a governor. On Hutten's return to the capital, Santa Ana de Coro , in 1546, the Spanish governor Juan de Carvajal had Hutten and Bartholomeus VI. Welser executed. Subsequently, Charles V revoked Welser's concession. The Welsers transported German miners to the colony, in addition to 4,000 African slaves to plant sugar cane plantations. Many German colonists died from tropical diseases, to which they had no immunity , or through wars with
9108-441: The capital. Venezuela then attempted to become independent, first with the 1797 Gual and España conspiracy , based in Caracas, and then the successful 1811 Venezuelan Declaration of Independence . Caracas then came under worse luck: in 1812, an earthquake destroyed Caracas , a quarter of its population migrated in 1814, and the Venezuelan War of Independence continued until 24 June 1821, when Simón Bolívar defeated royalists in
9240-429: The case of the Libertador Municipality of Caracas, the only member of the Capital District, the executive authority rests with the Head of Government of the Capital District, a position designated by the President of the Republic. According to Article 3 of the Capital District Law, the legislative function is exercised directly by the Republic through the National Assembly of Venezuela. Article 3. The special regime of
9372-408: The center to be Plaza Venezuela , located in the Los Caobos area. Businesses in the city include service companies, banks, and malls. Caracas has a largely service-based economy, apart from some industrial activity in its metropolitan area. The Caracas Stock Exchange and Petróleos de Venezuela (PDVSA) are headquartered in Caracas. Empresas Polar is the largest private company in Venezuela. Caracas
9504-588: The city and empties into the Tuy River , which is also fed by the El Valle and San Pedro rivers, in addition to numerous streams which descend from El Ávila. The La Mariposa and Camatagua [ es ] reservoirs provide water to the city. The city is occasionally subject to earthquakes – notably in 1641 and 1967. Geologically, Caracas was formed in the Late Cretaceous period, with much of
9636-404: The city has a large number of both European Venezuelans and Asian Venezuelans who descend from the massive influx of various immigrants Venezuela received from all across Eurasia during the 20th century; in particular are descendants of Spaniards, Portuguese, Italians, Serbs , Chinese, Colombians, Germans, Syrians and Lebanese people. In 2020, the poorest 55% of the Caracas population lived on about
9768-627: The city include the football clubs Caracas Fútbol Club , Deportivo Petare , Atlético Venezuela , SD Centro Italo Venezolano , Estrella Roja FC and Deportivo La Guaira . Deportivo Petare has reached the semi-finals of international tournaments, such as the Copa Libertadores , while the Caracas Fútbol Club has reached the quarterfinals. Baseball team Leones del Caracas plays at the Monumental Stadium with
9900-513: The city of Caracas is made up of the Guaire river basin which is a sub-basin of the Tuy river. This basin crosses the valley where the city is located from West to East (Las Adjuntas – Petare ). It covers about 655 square kilometers, about 45 km. long and about 15 km. wide, has a rectangular shape. The basin is formed by the Caracas Valley, which is relatively high, narrow and long, surrounded by
10032-428: The city of Caracas, as well as the municipal mayors in each of the municipalities comprising it. The Metropolitan District of Caracas was organized in a system of municipal government at two levels: the metropolitan or district and the municipalities. Caracas is Venezuela's cultural capital , with many restaurants, theaters, museums, and shopping centers. The city is home to many immigrants from Spain, Italy, Portugal,
10164-459: The city proper to 2,000 millimeters (79 inches) in some parts of the Mountain range. While Caracas is within the tropics, due to its altitude temperatures are cooler compared to other locations with a typical tropical savanna climate. The annual average temperature is approximately 23.4 °C (74 °F), with the average of the coldest month (January) 21.7 °C (71 °F) and the average of
10296-455: The city's name with the red Santiago (St. James') cross . It originally depicted "a brown bear rampant on a field of silver, holding between its paws a golden shell with the red cross of Santiago; and its seal is a crown with five golden points". In the same act, the king declared Caracas as "The Most Noble and Very Loyal City of Santiago de León de Caracas". The anthem of the city is the Marcha
10428-598: The city; These are the Macarao Dam and the La Mariposa Reservoir. Caracas shares commonalities with many Latin American cities: densely populated and with limited space because it is surrounded by mountains. Because of this, the city has grown vertically. A very striking aspect is the number of people living in substandard housing built on the mountain slopes surrounding the city. This type of housing
10560-518: The collapse of oil prices during the 1980s crippled the economy. As the government started to devalue the currency in 1983 to face its financial obligations, standards of living fell dramatically. Failed economic policies and increasing corruption in government led to rising poverty and crime, worsening social indicators, and increased political instability. In the 1980s, the Presidential Commission for State Reform (COPRE) emerged as
10692-432: The communities of Charallave and Cúa de los Valles del Tuy with the subway transportation of the capital city. Some areas of the city have a grid layout, either inherited from the colony or developed during the urban projects of the 20th century. Other areas, built on the mountain slopes, do not follow this pattern, but adapt to the irregularities of the terrain. These elevated areas enjoy a temperate temperature throughout
10824-558: The country, such as Valencia, which in the same period of time multiplied its population almost 25 times. Between the 1940s and 1950s, after the Second World War, a growing wave of European immigrants began, mostly Spanish, Portuguese and Italians and in other magnitudes, communities of Germans (Colonia Tovar), French, English, Serbs and Jews were established. New developments in Caracas were populated mainly by these European immigrants, such as La Florida and Altamira . During
10956-501: The demographic saturation of the centers. This saturation caused the expansion of marginal areas on the outskirts of the city; however, the lowest unemployment rates in the entire country correspond precisely to the metropolitan area of Caracas. In 1936, the total population of Venezuela had been equal to the estimated population of Greater Caracas for the year 2000: almost 4 million inhabitants. From 1936 to 1990, Caracas multiplied its population, although far less than any other major city in
11088-419: The early 18th century, and was then reorganized as an autonomous Captaincy General starting in 1777. Caracas, founded in the central coastal region in 1567, was well-placed to become a key location, being near the coastal port of La Guaira and in a valley, in a mountain range, providing defensive strength against pirates and a more fertile and healthy climate. After unsuccessful uprisings, Venezuela, under
11220-413: The early years of the regime. However, poverty began to rapidly increase in the 2010s. The 2013 Venezuelan presidential election was widely disputed leading to widespread protest , which triggered another nationwide crisis that continues to this day. Venezuela has experienced democratic backsliding , shifting into an authoritarian state . It ranks low in international measurements of freedom of
11352-626: The entirety of the Libertador municipality of the Capital District and part of the state of Miranda, specifically the municipalities of Baruta, Chacao, El Hatillo and Sucre, which until 2011 formed the Metropolitan District of Caracas, which enjoyed legal personality and autonomy within the limits of the Constitution and the law. Until that year, the Metropolitan Mayor was the first civil, political and administrative authority of
11484-581: The exportation of oil, with crude accounting for 86% of exports, and a high price per barrel to support social programs. Beginning in 2014 the price of oil plummeted from over $ 100 to $ 40. This placed pressure on the economy, which was no longer able to afford vast social programs. The Government began taking more money from PDVSA , the state oil company, resulting in a lack of reinvestment in fields and employees. Production decreased from its height of nearly 3 to 1 million barrels (480 to 160 thousand cubic metres ) per day. In 2014, Venezuela entered
11616-455: The extent of the crisis and expanding his powers. In July 2016, Colombian border crossings were temporarily opened to allow Venezuelans to purchase food and basic health items. In September 2016, a study indicated 15% of Venezuelans were eating " food waste discarded by commercial establishments". 200 prison riots had occurred by October 2016. The Maduro-aligned Supreme Tribunal , which had been overturning National Assembly decisions since
11748-472: The high and steep Cordillera de la Costa, which runs parallel to the Litoral. Among the characteristics of the hydrographic network associated with the city of Caracas is the high degree of contamination present in the lower parts of the Guaire River due to its tributaries having been used for sewage collection since 1874, during the government of Antonio Guzmán Blanco, until today. The level of contamination
11880-516: The hillsides surrounding the new city. Much of the city development also fell into disrepair come the end of the 20th century, with the 1980s oil glut and political instability like the Caracazo , meaning maintenance can not be sustained. The economic and social problems persist throughout the capital and country, characterized as the Crisis in Venezuela . By 2017, Caracas was the most violent city in
12012-459: The historic center lies at about 900 meters (3,000 feet) above sea level. This, along with the rapid population growth, has profoundly influenced the urban development of the city. The most elevated point of the Capital District, wherein the city is located, is the Pico El Ávila , which rises to 2,159 meters (7,083 feet). The main body of water in Caracas is the Guaire River , which flows across
12144-443: The incumbent government led to the collapse of Venezuela's entire economy. The country struggles with record hyperinflation , shortages of basic goods , unemployment, poverty, disease, high child mortality, malnutrition , environmental issues , severe crime and corruption. These factors have precipitated the Venezuelan refugee crisis in which more than 7.7 million people had fled the country by June 2024. By 2017, Venezuela
12276-495: The independentist forces, launched his Admirable Campaign in 1813 from New Granada , retaking most of the territory and being proclaimed as El Libertador ("The Liberator"). A Second Republic of Venezuela was proclaimed on 7 August 1813, but lasted only a few months before being crushed by royalist caudillo José Tomás Boves and his personal army of llaneros . The end of the French invasion of homeland Spain in 1814 allowed
12408-617: The largest and most important river system of the country; it originates in one of the largest watersheds in Latin America. The Caroní and the Apure are other major rivers. Venezuela borders Colombia to the west, Guyana to the east, and Brazil to the south. Caribbean islands such as Trinidad and Tobago , Grenada , Curaçao , Aruba , and the Leeward Antilles lie near the Venezuelan coast. Venezuela has territorial disputes with Guyana, formerly United Kingdom, largely concerning
12540-594: The leadership of Francisco de Miranda , a Venezuelan marshal who had fought in the American and French Revolutions , declared independence as the First Republic of Venezuela on 5 July 1811. This began the Venezuelan War of Independence . A devastating 1812 Caracas earthquake , together with the rebellion of the Venezuelan llaneros , helped bring down the republic. Simón Bolívar , new leader of
12672-735: The matter. Then, U.S. president Grover Cleveland adopted a broad interpretation of the doctrine that declared an American interest in any matter within the hemisphere. Britain ultimately accepted arbitration, but in negotiations over its terms was able to persuade the U.S. on many details. A tribunal convened in Paris in 1898 to decide the issue and in 1899 awarded the bulk of the disputed territory to British Guiana. In 1899, Cipriano Castro , assisted by his friend Juan Vicente Gómez , seized power in Caracas. Castro defaulted on Venezuela's considerable foreign debts and declined to pay compensation to foreigners caught up in Venezuela's civil wars . This led to
12804-404: The mid-20th century. From 1958, the country had a series of democratic governments, as an exception where most of the region was ruled by military dictatorships, and the period was characterized by economic prosperity. Economic shocks in the 1980s and 1990s led to major political crises and widespread social unrest, including the deadly Caracazo riots of 1989, two attempted coups in 1992 , and
12936-462: The most popular and accepted version, in 1499, an expedition led by Alonso de Ojeda visited the Venezuelan coast. The stilt houses in the area of Lake Maracaibo reminded the Italian navigator, Amerigo Vespucci , of the city of Venice , Italy, so he named the region Veneziola , or "Little Venice". The Spanish version of Veneziola is Venezuela . Martín Fernández de Enciso , a member of
13068-554: The new State of Venezuela . Between one-quarter and one-third of Venezuela's population was lost during these two decades of war (including about half the Venezuelans of European descent ), which by 1830, was estimated at 800,000. In the Flag of Venezuela , the yellow stands for land wealth, the blue for the sea that separates Venezuela from Spain, and the red for the blood shed by the heroes of independence. Slavery in Venezuela
13200-581: The northern coast, but in the mid-18th century, the Spanish pushed farther inland along the Orinoco River . Here, the Ye'kuana organized resistance in 1775–76. Spain's eastern Venezuelan settlements were incorporated into New Andalusia Province . Administered by the Royal Audiencia of Santo Domingo from the early 16th century, most of Venezuela became part of the Viceroyalty of New Granada in
13332-546: The notable exception of the Communist Party of Venezuela ), signed the Puntofijo Pact power-sharing agreement. AD and COPEI dominated the political landscape for four decades. During the presidencies of Rómulo Betancourt (1959–64, his second term) and Raúl Leoni (1964–69), substantial guerilla movements occurred. Most laid down their arms under Rafael Caldera 's first presidency (1969–74). Caldera had won
13464-457: The opposition took control, took over the functions of the assembly, creating the 2017 Venezuelan constitutional crisis . In August 2017, the 2017 Constituent National Assembly was elected and stripped the National Assembly of its powers. The election raised concerns of an emerging dictatorship. In December 2017, Maduro declared opposition parties barred from the following year's presidential vote after they boycotted mayoral polls. Maduro won
13596-431: The poor. Poverty began to increase into the 2010s. Nicolás Maduro was picked by Chavez as his successor, appointing him vice president in 2013. Maduro has been president of Venezuela since 14 April 2013, when he won the presidential election after Chavez' death, with 51% of the vote, against Henrique Capriles on 49%. The Democratic Unity Roundtable contested Maduro's election as fraud, but an audit of 56% of
13728-476: The poorest. Hugo Chávez's socioeconomic policies of relying on oil sales and importing goods resulted in large amounts of debt, no change to corruption in Venezuela and culminated into a crisis in Venezuela . As a result, the Venezuelan refugee crisis , the largest emigration of people in Latin America's history, occurred, with over 7 million – about 20% of the country's population – emigrating. Chávez initiated Bolivarian missions , programs aimed at helping
13860-643: The present-day city of Cumaná . In the 16th century, the king of Spain granted a concession to the German Welser family . Klein-Venedig became the most extensive initiative in the German colonization of the Americas from 1528 to 1546. The Welsers were bankers to the Habsburgs and financiers of Charles V , Holy Roman Emperor , who was King of Spain and had borrowed heavily from them to pay bribes for his Imperial election . In 1528, Charles V granted
13992-431: The press and civil liberties and has high levels of perceived corruption . Venezuela is a developing country having the world's largest known oil reserves and has been one of the world's leading exporters of oil . Previously, the country was an underdeveloped exporter of agricultural commodities such as coffee and cocoa, but oil quickly came to dominate exports and government revenues. The excesses and poor policies of
14124-602: The rest of the Caribbean, and sits on what is mostly metamorphic rock . Deformation of the land in this period formed the region. Under the Köppen climate classification , Caracas has a tropical savanna climate ( Aw ), but also exhibits traits of a subtropical highland climate ( Cfb ) due to its elevated location within the Venezuelan Coastal Range (Maritime Andes) . Caracas precipitation varies between 900 and 1,300 millimeters (35 and 51 inches) (annual), in
14256-513: The role of the state in a new economic strategy. The social reality made the changes difficult to apply. Economic crises in the 1980s and 1990s led to a political crisis. Hundreds of people were killed by security forces and the military in the Caracazo riots of 1989, during the second presidential term of Carlos Andrés Pérez (1989–1993) and after the implementation of economic austerity measures. Hugo Chávez , who in 1982 had promised to depose
14388-430: The situation of the people who rely on imported products or locally produced products that depend on imported inputs, while dollar-denominated oil sales account for the majority of exports. The profits of the oil industry have been lost to "social engineering" and corruption, instead of investments needed to maintain oil production. Chávez survived further political tests, including an August 2004 recall referendum . He
14520-429: The son of a Spanish captain and a Guaiqueri cacica , who came from Margarita , began establishing settlements in the area of La Guaira and the Caracas valley between 1555 and 1560. Fajardo attempted to establish a plantation in the valley in 1562 after these unsuccessful coastal towns, but it did not last long: it was destroyed by natives of the region led by Terepaima and Guaicaipuro . Fajardo's 1560 settlement
14652-482: The south, Trinidad and Tobago to the north-east and on the east by Guyana . Venezuela is a presidential republic consisting of 23 states , the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of the north and in the capital. The territory of Venezuela
14784-547: The south, the dissected Guiana Highlands contain the northern fringes of the Amazon Basin and Angel Falls , the world's highest waterfall, as well as tepuis , large table-like mountains. The country's center is characterized by the llanos , which are extensive plains that stretch from the Colombian border in the far west to the Orinoco River delta in the east. The Orinoco, with its rich alluvial soils , binds
14916-579: The states of Miranda and La Guaira, creating a major metropolitan area known as Gran Caracas. The city's rapid population growth has resulted in increasing traffic congestion . To this end, the subway transportation system (Metro de Caracas) has been progressively expanded and is currently linked to the Los Teques Metro and, in the future, to the Guarenas-Guatire Metro system. The "Ezequiel Zamora" Central Railway System also links
15048-404: The union of Venezuela with New Granada was decreed to form the Republic of Colombia. The war continued until full victory and sovereignty was attained after the Battle of Carabobo on 24 June 1821. On 24 July 1823, José Prudencio Padilla and Rafael Urdaneta helped seal Venezuelan independence with their victory in the Battle of Lake Maracaibo . New Granada's congress gave Bolívar control of
15180-567: The unrest between Chavistas and opposition protesters and opposition leaders, including Leopoldo López and Antonio Ledezma were arrested. Human rights groups condemned the arrest of López. In the 2015 Venezuelan parliamentary election , the opposition gained a majority. Venezuela devalued its currency in February 2013 due to rising shortages, which included milk and other necessities. This led to an increase in malnutrition, especially among children. The economy had become dependent on
15312-529: The vote showed no discrepancies, and the Supreme Court of Venezuela ruled Maduro was the legitimate president. Opposition leaders and some international media consider Maduro's government a dictatorship. Since February 2014, hundreds of thousands have protested over high levels of criminal violence, corruption, hyperinflation, and chronic scarcity of basic goods due to government policies. Demonstrations and riots have resulted in over 40 fatalities in
15444-460: The warmest month (May) 24.5 °C (76 °F), which gives a small annual thermal amplitude of 2.8 °C (5.0 °F). In the months of December and January abundant fog may appear, in addition to a sudden nightly drop in temperature, until reaching 8 °C (46 °F). This peculiar weather is known by the natives of Caracas as the Pacheco . In addition, nightly temperatures at any time of
15576-415: The world . The territory it controls lies between latitudes 0° and 16°N and longitudes 59° and 74°W . Shaped roughly like a triangle, the country has a 2,800 km (1,700 mi) coastline in the north, which includes numerous islands in the Caribbean and the northeast borders the northern Atlantic Ocean. Most observers describe Venezuela in terms of four fairly well defined topographical regions:
15708-593: The world. The coat of arms was adopted in 1591. Simón de Bolívar, an ancestor of Venezuelan liberator Simón Bolívar, had been named the first procurator general of the Venezuelan province in 1589. He served as the representative of Venezuela to the Spanish Crown, and vice versa. In 1591, de Bolívar introduced a petition to King Philip II for a coat of arms, which he granted by Royal Cedula on 4 September that year in San Lorenzo. The coat of arms represents
15840-428: The year are much (7 to 11 °C) lower than daytime highs and usually do not remain above 24 °C (75 °F) , resulting in very pleasant evening temperatures. Hailstorms appear in Caracas, although only on rare occasions. Electrical storms are much more frequent, especially between June and October, due to the city being in a closed valley and the orographic action of Cerro El Ávila. The hydrographic network of
15972-442: The year. According to the population census of 2011 the Caracas proper (Distrito Capital) is over 1.9 million inhabitants, while that of the Metropolitan District of Caracas is estimated at 2.9 million as of 2011. The majority of the population is mixed-race , typically with varying degrees of European , Indigenous , African and occasional Asian ancestry. There is a noteworthy Afro-Venezuelan community. Additionally,
16104-445: Was colonized by Spain in 1522 amid resistance from Indigenous peoples. In 1811, it became one of the first Spanish-American territories to declare independence from the Spanish and to form part of the first federal Republic of Colombia ( Gran Colombia ). It separated as a full sovereign country in 1830. During the 19th century, Venezuela suffered political turmoil and autocracy, remaining dominated by regional military dictators until
16236-458: Was Pérez Jiménez and he was suspected of being behind the death of Chalbaud, who died in a bungled kidnapping in 1950. When the junta unexpectedly lost the 1952 presidential election , it ignored the results and Jiménez was installed as president Jiménez was forced out on 23 January 1958. In an effort to consolidate a young democracy, the three major political parties ( Acción Democrática (AD), COPEI and Unión Republicana Democrática (URD), with
16368-600: Was abolished in 1854. Much of Venezuela's 19th-century history was characterized by political turmoil and dictatorial rule, including the Independence leader José Antonio Páez, who gained the presidency three times and served 11 years between 1830 and 1863. This culminated in the Federal War (1859–63). In the latter half of the century, Antonio Guzmán Blanco , another caudillo , served 13 years, between 1870 and 1887, with three other presidents interspersed. In 1895,
16500-422: Was declared to be in default regarding debt payments by credit rating agencies . The crisis in Venezuela has contributed to a rapidly deteriorating human rights situation. The 2024 presidential election were not recognized by the Carter Center and Organization of American States due to the lack of granular results, and disputed by the opposition, leading to protests across the country . According to
16632-401: Was designed by architect Carlos Raúl Villanueva and declared a UNESCO World Heritage Site in 2000. The Simón Bolívar University ( Universidad Simón Bolívar , USB) is a public institution in Caracas that focuses on science and technology. Venezuela Venezuela , officially the Bolivarian Republic of Venezuela , is a country on the northern coast of South America , consisting of
16764-715: Was elected for another term in December 2006 and for a third term in October 2012. However, he was never sworn in due to medical complications; he died in March 2013. The presidential election that took place in April 2013, was the first since Chávez took office in 1999 in which his name did not appear on the ballot. Under the Bolivarian government, Venezuela went from being one of the richest countries in Latin America to one of
16896-594: Was known as Hato de San Francisco, and another attempt in 1561 by Juan Rodríguez de Suárez was called Villa de San Francisco, and was also destroyed by the same native people. The eventual settlers of Caracas came from Coro , the German capital of their Klein-Venedig colony around the present-day coastal Colombia–Venezuela border ; from the 1540s, the colony had been de facto controlled by Spaniards. Moving eastward from Coro, groups of Spanish settlers founded inland towns including Barquisimeto and Valencia before reaching
17028-528: Was marked by a strong exodus of Colombians. The multiethnic, cultural and racial mix has marked the city throughout history. Its ethnic composition is very diverse. Venezuela and its capital, Caracas, have been reported to both have among the highest per capita murder rates in the world. In 2010 Caracas had the highest murder rate in the world, having more deaths than Baghdad during the Iraq War , and in 2012 there were 13,080 murders in Venezuela, according to
17160-547: Was only 173.8 million bolivars, while the Ministry of the Youth received approximately 724.6 million bolivars. The tourism industry in Venezuela contributes approximately 3.8 percent of the country GDP. The World Economic Forum predicts Venezuela's GDP to rise to 4.2 percent by 2022. On 8 March 2000, the year after a new constitution was introduced in Venezuela, it was decreed in Gaceta Official N° 36,906 that
17292-542: Was only large enough to support a few farms. In 1577, Caracas became the capital of the Spanish Empire 's Venezuela Province under the province's new governor, Juan de Pimentel (1576–1583). In the 1580s, Caraqueños started selling food to the Spanish soldiers in Cartagena , who often docked in the coastal city when collecting products from the empire in South America. Wheat was growing increasingly expensive in
17424-470: Was relaxed. Angarita granted a range of reforms, including the legalization of all political parties. After World War II, immigration from Southern Europe and poorer Latin American countries markedly diversified Venezuelan society. In 1945, a civilian-military coup overthrew Medina Angarita and ushered in a period of democratic rule (1945–1948) under the mass membership party Democratic Action , initially under Rómulo Betancourt , until Rómulo Gallegos won
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