Pages

52 pages

Published

July 2017

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

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Charting Economy team

Charting Economy™ team consists of editors, analysts, and researchers. For any questions and comments about this report, you can contact the chief editor directly at editor@chartingeconomy.com.

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TABLE OF CONTENT


Comprehensive View On The Economy

 

1.      Economic structure

Part of the country’s economic profile, economic structure section gives readers useful views to understand what matters for Venezuela’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of the Venezuela’s economy in relation to world’s major economies?
  • What is the size of Venezuela’s population?
  • What is the demographic structure of Venezuela? Is it favorable for economic growth?
  • How has the structure of Venezuela’s GDP changed over the years?
  • How much does the Venezuela’s economy rely on external trade?
  • How does economic freedom in Venezuela compare to others?

2.      Competitiveness

Part of the country’s economic profile, this section explores Venezuela’s competitiveness in the global level. It also covers the country’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • Which stage of economic development is the Venezuela’s economy in?
  • How competitive is Venezuela?
  • How are Venezuela’s competitive factors compared to those of other countries?
  • Is it easy to do business in Venezuela?
  • How good is Venezuela in attracting Foreign Direct Investment?
  • What are most problematic factors in doing business in Venezuela?

3.      Economic development

Part of the country’s economic profile, this section explores Venezuela’s economic development, average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Venezuela?
  • How does poverty rate in Venezuela compare to others?
  • Is unemployment the issue for Venezuela?
  • How is income distributed in Venezuela and how does it compare to others?
  • What is the current level of human development in Venezuela?
  • How has quality of life in Venezuela changed over the years?

4.      Economic growth

Part of the country’s economic outlook, this section explores Venezuela’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Venezuela’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for the Venezuela’s economy in the last year?
  • What were the source of growth for Venezuela’s economy in recent years?
  • What is the growth outlook for Venezuela’s economy over the next 3 years and how does it compare with others?

5.      Economic stability (Macro risks)

Part of the country’s economic outlook, this section explores Venezuela’s macro-economic risks, including inflation, financial sector, budget deficit as well as balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Venezuela and how does it compare with others?
  • How healthy is the Venezuela’s banking sector?
  • What is the fiscal risk in Venezuela?
  • What is the likelihood of raising tax?
  • What is the balance of payment risk for Venezuela?
  • How good is the country in getting foreign exchange by the mean of commerce?
  • What is the FX risk? How has the currency performed compared to other currencies?

Appendix 1: Key Economic Projections 2016-2022

From IMF’s World Economic Outlook Report April 2017.

  • GDP growth
  • Inflation
  • Population
  • Unemployment rate
  • Government budget and debt
  • Current account

Appendix 2: DOING BUSINESS 2017

Detailed rankings and scores for Venezuela and comparable economies.

  • Starting a business
  • Dealing with construction permits
  • Getting electricity
  • Registering property
  • Getting credit
  • Protecting Minority Investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Resolving Insolvency