"Hugo Chávez Frías was first elected president of Venezuela in December 1998 and took office ten years ago, in February of 1999. Chávez is a controversial figure, and most discussion of his tenure is polarized or otherwise ideological, and mostly negative. This paper looks briefly at some of the most important economic and social indicators over the last decade, and also at the current situation and challenges. It relies on data that are not in dispute. Some of the most important data have been largely unreported, although they are publicly available."