THE ATTACHED S-PROJECT, GENERAL ECONOMIC DATA FOR VENEZUELA

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85T00875R001900020033-0
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 6
• Document Creation Date: December 19, 2016
• Document Release Date: July 29, 2005
• Sequence Number: 33
• Publication Date: March 26, 1974
• Content Type: MF

STAT
Approved For Release 2005/08/22 :CIA-RDP85T00875R001900020033-0
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CENTRAL INTELLIGENCE AGENCY
WASHINGTON, D.C. 20505
26 March 1974
NIENORANDU,161 FOR: Mr. William Hale
Council on International Economic
Policy
Executive Office Building
SUBJECT : Economic Data for Venezuela,
Attached are requested economic data for Venezuela.
.If we can be of further service, please contact
STAT
Attachment:
As stated
Distribution: (S-6035)
Original - LDX's to addressee
1 - D/OER
Appraued..F...oar.Re lease-2005/0-8./22
 Approved For Release 2005/08/22 : CIA-RDP85T00875R001900020033-0
Imports and Exports
(t:iliicns of L'S dollars, f.o.b., 1972, latest available data)
Imports
Total
2
343
Of which:
,
Machinery and transport equipment
1,075
Various manufactures
581
Chemicals
236
Foodstuffs
156
Unprocessed raw materials
Exports
Total (including petroleum)
Of which:
Iron ore (volume: 17 million tons).
Coffee (volume; 18 thousand tons)
Cocoa (voil=e : 12 thousand tons)
"Minor exports"
Of which:
Sugar
'Steel bars and'ingots
Shrimp
Aluminum
3,798
135
16
104
Approved-For-Release -2005/08/22 : CIA-RDP85T00875RO01900020033-0.
 in_orts by Country of Origin
(in Percent)
196;8
1972
Total
100
100
United States
50
44
Canada
4
3
Europe
34
36
Japan
6
9
Other
6
8
Estimated, end 1973:
2o468
Projection for 1974:
8,861
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(Millions of t'S Dollars)
International Reserve Position
(Millions off' US Dollars)
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GDP at Current Prices
(:dilliotis of US Dollars)
1972: 14,489
1973 (Est.) : 17,,532 (Est. growth rate: 21%)
Per capita (dollars) : 1,525
Population, end 1973: 11.5 million
Est. growth in real GDP: over 7%
Domestic prices rose at an annual rate of 6%-7% during
the first 8 months of 1973.
Central Government Operations
(Millions of US Dollars)
1973 1974
1972 Preliminary Projected
Revenue 2,771 3,596 11,08x.
Expenditure 2,851 3,534 4,242
Surplus or
deficit (-) -80 62 6,840
'External Debt
(Total Public Sector; Thousands of US Dollars)
Estimated end 1972: 876,527
Projected, end 1973: 924,545
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