Overview

Venezuela was colonized by Spain in 1522, overcoming resistance from indigenous peoples. It became the first Spanish American colony to declare independence (in 1811), but did not securely establish independence until 1821 (initially as a department of the federal republic of Gran Colombia, gaining full independence in 1830).

During the 19th century Venezuela suffered political turmoil and dictatorship, and it was dominated by regional caudillos (military strongmen) into the 20th century. It first saw democratic rule from 1945 to 1948, and after a period of dictatorship has remained democratic since 1958, during which time most countries of Latin America suffered one or more military dictatorships.

Economic crises in the 1980s and 1990s led to political crises which saw hundreds dead in the Caracazo riots of 1989, two attempted coups in 1992, and the impeachment of President Carlos Andrés Pérez for corruption in 1993. A collapse in confidence in the existing parties saw the 1998 election of former career officer Hugo Chávez and the launch of a “Bolivarian Revolution” beginning with a 1999 Constituent Assembly to write a new Constitution of Venezuela.