Bolivarian Republic of Venezuela
República Bolivariana de Venezuela (Spanish ) Motto: Dios y Federación ("God and Federation" )Anthem: Gloria al Bravo Pueblo ("Glory to the Brave People" )Land controlled by Venezuela shown in dark green; claimed but uncontrolled land shown in light green.
Capitaland largest city
Caracas 10°30′N 66°55′W / 10.500°N 66.917°W / 10.500; -66.917 Official languages Spanish [b] Recognized regional languages Ethnic groups Religion Demonym(s) Venezuelan Government Federal dominant-party presidential constitutional republic Nicolás Maduro (disputed)[n 1] Juan Guaidó (disputed)[n 2] Delcy Rodríguez (constitutional position disputed )Legislature National Assembly 5 July 1811 • Recognized
29 March 1845 15 November 1945 20 December 1999[4] • Total
916,445 km2 (353,841 sq mi) (32nd ) • Water (%)
3.2%[d] • 2018 estimate
28,887,118[5] [6] (government) 28,067,000 (IMF )[7] (45th )• Density
33.74/km2 (87.4/sq mi) (144st ) GDP (PPP ) 2019 estimate • Total
$204.291 billion[8] • Per capita
$7,344[9] GDP (nominal) 2020 estimate • Total
$48.610 billion[9] (84th )• Per capita
$1,739[9] (146th )Gini (2013) 44.8[10] medium HDI (2019) 0.711[11] high · 113th Currency Bolívar Soberano (VES )Time zone UTC −4 (VET )Date format dd/mm/yyyy (CE ) Driving side right Calling code +58 ISO 3166 code VE Internet TLD .ve ^ The "Bolivarian Republic of Venezuela" has been the full official title since the adoption of the Constitution of 1999 , when the state was renamed in honor of Simón Bolívar .^ The Constitution also recognizes all indigenous languages spoken in the country.^ Some important subgroups include those of Spanish , Portuguese , Italian , Amerindian , African , Arab and German descent.^ Area totals include only Venezuelan-administered territory.^ On 20 August 2018, a new bolivar was introduced, the Bolívar soberano (ISO 4217 code VES) worth 100,000 VEF.