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New Market Report Now Available: Venezuela Defence & Security Report 2013

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2012-12-02 16:01:48 - New Defense research report from Business Monitor International is now available from Fast Market Research

President Hugo Chavez defeated Henrique Capriles Radonski from the opposition's Mesa de la Unidad Democratica (MUD) coalition in the October 7 2012 election. While opinion polls offered a mixed picture, with polling results ranged from a 20-point lead for Chavez to a two-point lead for Capriles, they broadly suggested a Chavez victory. Moreover, although the August 25 explosion in Venezuela's largest refinery Amuay, which killed at least 42 people hurt Chavez's popularity, in our view it was not an election game-changer. With the results of a full investigation of the explosion unlikely to have been released before the election, Chavez will likely fend off responsibility for the incident, and minimise its electoral impact.

Chavez has chosen Nicolas Maduro as his vice-president

following his victory in the October 7 presidential election. Maduro had been the country's foreign minister since 2006. Chavez named Maduro as vice-president during an event at the National Electoral Commission, where he was officially announced as the winner of the presidential election. Chavez will assume office for a fourth term in January 2013.

Full Report Details at
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Meanwhile, the government introduced a new gun law banning commercial sales of firearms and ammunition in an effort to improve security and curtail crime ahead of the general election in October. Only the army, police and certain specified groups are now allowed to buy arms from state-owned weapons manufacturers. The annual number of murders in the country reached a record high in 2011, according to a report released by the Venezuela Violence Observatory. The report revealed that at least 19,336 people were killed with an average of 53 murders a day.

We are revising up our 2012 real GDP forecast for Venezuela from 2.5% to 3.5% on the back of a very strong Q112 real GDP reading of 5.9%.. Stronger-than-expected credit fuelled private consumption and government-financed investment has prompted real GDP growth come in above our expectations in H112. However, we believe growth will peak in 2012 and slow over the next few years given persisting economic imbalances and the political risks associated with the country.

Report Table of Contents:

SWOT Analysis
- Venezuela Security SWOT
- Venezuela Defence Industry SWOT
- Venezuela Political SWOT
- Venezuela Economic SWOT
- Venezuela Business Environment SWOT
Global Political Outlook
Latin America Security Overview
- The Strategic Outlook For The 2010s
Security Risk Analysis
- BMI's Regional Security Ratings
- Table: Latin America Security Ratings
- Table: Latin America State Vulnerability To Terrorism Ratings
- Venezuela's Security Risk Rating
- City Terrorism Rating
- Table: BMI Americas City Terrorism Index
Political Outlook
- Domestic Politics
- Long-Term Political Outlook
Venezuela Security Overview
- Internal Security Situation
- Drug Trafficking
- Latest Developments
- External Security Situation
- Table: Regional Insurgent Groups
- Regional Relations
- Venezuela-US Relations
- Chavez And Regional Solidarity
- Venezuela-Colombia Relations
- Venezuela-Vatican Relations
- Latest Developments
Armed Forces And Government Spending
- Armed Forces
- Weapons Of Mass Destruction
Market Overview
- Imports
- Exports
- Industry Trends And Developments
- Procurement Trends And Developments
- Table: Military Equipment And Proposed Procurements
- Latest Developments
Industry Forecast Scenario
- Armed Forces
- Table: Venezuela's Armed Forces Personnel ('000, unless otherwise stated), 2003-2009
- Table: Venezuela's Manpower Available For Military Services, 2010-2017 (aged 16-49, unless otherwise stated)
- Government Defence Spending
- Table: Venezuela's Defence Expenditure, 2010-2017
- Table: Venezuela's Expenditure Scenario: Changing % Of GDP, 2010-2017
- Defence Trade
- Table: Venezuela's Defence Exports, 2010-2017
- Table: Venezuela's Defence Imports, 2010-2017
- Table: Venezuela's Trade Defence Balance, 2010-2017
Macroeconomic Forecast
- Table: Venezuela - Economic Activity, 2011-2016
BMI Methodology
- How We Generate Our Industry Forecasts
- Defence Industry
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Bill Thompson
Phone: 18008448156

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