Venezuela is a country on the northern coast of South America that comprises a continental mainland and numerous islands located off the Venezuelan coastline in the Caribbean Sea. The Bolivarian Republic of Venezuela possesses borders with Guyana to the east, Brazil to the south, and Colombia to the west. Trinidad and Tobago, Grenada, St. Lucia, Barbados, Curaçao, Bonaire, Aruba, Saint Vincent and the Grenadines and the Leeward Antilles lie just north, off the Venezuelan coast. Falling within the tropics, Venezuela sits close to the equator, in the Northern Hemisphere.
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Venezuela is among the most urbanized countries in Latin America with the vast majority of Venezuelans living in the cities of the north, especially in the capital Caracas which is also the largest city.
The petroleum sector dominates Venezuela's mixed economy, accounting for roughly a third of GDP, around 80% of exports, and more than half of government revenues. Venezuela contains some of the largest oil and natural gas reserves in the world.
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