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Caracas (Spanish pronunciation: [kaˈɾakas]), officially Santiago de León de Caracas, is the capital, the center of the Greater Caracas Area, and the largest city of Venezuela. Caracas is located in the northern part of the country, following the contours of the narrow Caracas Valley on the Venezuelan coastal mountain range (Cordillera de la Costa). Terrain suitable for building lies between 760 and 910 m (2,490 and 2,990 ft) above sea level. The valley is close to the Caribbean Sea, separated from the coast by a steep 2,200 m (7,200 ft) high mountain range, Cerro El Ávila; to the south there are more hills and mountains.
The Metropolitan District of Caracas is made up of five municipalities: Libertador Municipality which is the only administrative division of the Venezuelan Capital District, and four other municipalities, which are within in Miranda State: Chacao, Baruta, Sucre, and El Hatillo. Libertador holds many of the government buildings and is the Capital District (Distrito Capital). The Distrito Capital had a population of 2,013,366 as of 2011,[2] while the Metropolitan District of Caracas was estimated at 3,273,863 as of (2013).[2] The Metropolitan Region of Caracas have an estimated population of 5,243,301.
Businesses that are located here include service companies, banks, and malls, among others. It has a largely service-based economy, apart from some industrial activity in its metropolitan area.[3] The Caracas Stock Exchange and Petróleos de Venezuela (PDVSA) are headquartered here. The PDVSA is the largest company in Venezuela. Caracas is also Venezuela's cultural capital, with many restaurants, theaters, museums, and shopping centers. Some of the tallest skyscrapers in Latin America are located in Caracas.
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