Can Anyone Please Give Me Information About The Economy Of Venezuela?

The capital city of the Venezuela is the Caracas. It had the strongest economy in the American Continent till 2004 but its economy fall down in 2005.  The Gross Domestic product was 17.3 percent in 2004 and it was 9 percent in 2005 so there is continuous decline in the Gross Domestic Product.  The oil supported a lot to the economy but the political and socials condition of this country are not good. The unemployment is increased up to 20 percent and poverty ratio is very high that is 60 % of total population.  

Fifteen percent of the Gross domestic product is contributed by the Agriculture sector and it confines 12 percent of the total populations.  Venezuela mining resources are very less. The oil reserve contributes a lot in the economic development of the Venezuela. It is the fourth biggest exporter and seventh biggest producer of oil among other countries of the world. Venezuela holds 3 percent of the world's gas resources. The two main sectors of the economy that is manufacturing and trade is affected by the recession.  This country is unable to attract foreign investment due to its bad political conditions. Foreign investors look for the political stability to make any investment in any country.