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Venezuela is officially known as Bolivarian Republic of Venezuela is a country located on the northern coast of South America. The country consists of a continental mainland and several islands located off the Venezuelan coastline in the Caribbean Sea. Venezuela is one of the most mega diverse countries of the world. Most of population of Venezuela resides in the largest and capital city Caracus. Merida is the popular tourist city in Venezuela. Venezuela is also famous for diversity of wildlife, which is protected in a variety of habitats.
Venezuela's mixed economy is dominated by petroleum sector, which contributes more than half of the government revenue. Around 80% of exports is based on petroleum sector.
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