Place Credit Reports Venezuela Order
Economy Overview:
Venezuela continues to be highly dependent on the petroleum sector,
accounting for roughly one-third of GDP, around 80% of export earnings,
and over half of government operating revenues. Government revenue also
has been bolstered by increased tax collection, which has surpassed its
2005 collection goal by almost 50%. Tax revenue is the primary source of
non-oil revenue, which accounts for 53% of the 2006 budget. A disastrous
two-month national oil strike, from December 2002 to February 2003,
temporarily halted economic activity. The economy remained in depression
in 2003, declining by 9.2% after an 8.9% fall in 2002. Output recovered
strongly in 2004-2005, aided by high oil prices and strong consumption
growth. Venezuela continues to be an important source of crude oil for
the US market. Both inflation and unemployment remain fundamental
problems.
GCS and Graydon International
Graydon International is a leading provider of business credit information around the world. Their business credit reports are easily read in English and consist of reliable and up to date details like identification and official company specifications, credit recommendations, known directors, protest and non-payments, operational details and financial data (profit and loss, balance and key credit ratios).
To see what GCS can do for you, please submit your query for a 'no obligation' free quote.
|
