Who will be exercising the powers of the Venezuelan presidency on 31 December 2026?

Latest forecast

Generated Nov 8, 2026, 7:07 PM

0%25%50%75%100%Delcy Rodriguez95.5%Other Chavista (Jorge Ro…2.8%Other / power vacuum / c…0.9%Maria Corina Machado0.6%Nicolas Maduro0.1%

Write-up

Venezuela’s presidency at year-end 2026

Routine update

The update mostly reinforces continuity rather than identifying a shift in power. Rodriguez’s chance of exercising presidential powers at year-end remains about 96%, with a small decline of roughly 0.2 percentage points; replacement by another Chavista edges up to about 2.8%.

Executive Summary

Delcy Rodriguez has a 95.5% probability of exercising Venezuela’s presidential powers at 23:59 ET on 31 December 2026. The main alternative is another Chavista insider replacing her—not an electoral handover to Maria Corina Machado before year-end.

OptionProbability
Nicolas Maduro0.1%
Delcy Rodriguez95.5%
Maria Corina Machado0.6%
Other / power vacuum / civil war0.9%
Other Chavista (Jorge Rodriguez, Diosdado Cabello, or other PSUV figure)2.8%

As of 8 November, recent reporting still identifies Rodriguez as the governing head of state. Washington’s publicly described transition process targets elections in 2027, after judicial and electoral reforms. Machado has returned to Venezuela, but her own stated approach also points toward that later electoral process.

The question concerns actual executive authority, not legal title. A declaration that Maduro’s presidency is permanently vacant, a new title for Rodriguez, or an announced election would not change the answer unless someone else actually takes power before the deadline.

Key drivers

1. Rodriguez remains the incumbent in practice

AP’s 6 November reporting describes Rodriguez as acting president and continuing to function as head of state. Reuters’ 2 November coverage likewise describes Washington negotiating with her administration. Machado’s recent activity—including demands over political prisoners—is that of an opposition leader addressing the government, not someone exercising presidential authority.

With approximately 53 days remaining, continuity requires no additional transfer of power. Every competing outcome requires a succession, exceptional installation, restoration, or breakdown within that short period.

2. The transition timetable extends beyond this deadline

The strongest timing evidence is the institutional sequence Washington has outlined: renew the Supreme Tribunal of Justice, then reform the electoral council, then proceed toward a presidential election. The court’s reconstruction is targeted around mid-December; later steps remain unfinished.

In a 5 November interview published the following day, Secretary of State Marco Rubio said elections would ideally occur in 2027. Machado and Edmundo Gonzalez’s 5 November declaration endorsed the institutional-reform roadmap and a subsequent election process. These are political objectives, not a binding election calendar, but neither establishes a normal route to a new president taking office during December.

3. Washington is still working through the incumbent governing network

Treasury’s 2 November readout records discussions with Rodriguez’s foreign minister about energy production, financial reconnection, and investment. The United States also removed Jorge Rodriguez from its sanctions list on 14 October.

These implemented actions support continued accommodation with the current governing structure. They do not guarantee Delcy Rodriguez’s personal tenure: Washington could conceivably support a different caretaker. However, the reviewed public evidence does not establish an agreed replacement.

4. Security appointments support incumbency, but private loyalties remain uncertain

Reporting on military appointments during January–July documents Rodriguez replacing senior commanders and regional military chiefs. That demonstrates exercised appointment power and an effort to build her own command structure.

More recent retired-officer allegations of persecution and military divisions are warning signs, but they do not establish coordinated defections by serving commanders. This distinction matters: discontent creates risk, while an operational coalition capable of removing her would provide a concrete replacement mechanism.

5. Declaring a vacancy does not automatically remove Rodriguez

Article 233 of the published constitution provides for the executive vice president to exercise presidential powers pending election and inauguration following an in-term permanent vacancy. A declaration concerning Maduro’s permanent absence could therefore coexist with continued Rodriguez rule.

The legal arrangements are not settled, however. The reported roadmap describes a six-month election period, while Article 233 specifies 30 consecutive days in the relevant circumstances. The forecast relies on observed authority and the publicly described political process—not on assuming that either timetable mechanically determines who governs.

Scenarios

The scenarios below explain the relative weights in the forecast; they are routes to the year-end outcome, not predictions about Venezuela’s ultimate political settlement.

ScenarioHow it produces the outcome—and why it carries its weight
Rodriguez continues governingInstitutional reforms advance, stall, or change her title without transferring executive authority. Continued US engagement, current incumbency, and the later electoral horizon make this overwhelmingly the best-supported path. She could also survive a disruption and still govern at the deadline.
Another Chavista takes overA negotiated caretaker arrangement, internal removal, or personal contingency elevates Jorge Rodriguez, Cabello, a Chavismo-aligned military figure, or another insider. This is the largest alternative because it could preserve the existing administrative and security apparatus without waiting for an election. No agreed successor has been publicly established.
Another figure, collective authority, or a vacuumA wider breakdown produces fragmented authority, a junta, direct foreign administration, or a non-Chavista caretaker other than Machado. These outcomes require a more substantial departure from the current arrangement and have less direct support in the reviewed evidence. This category should not be read as a forecast of civil war alone.
Machado assumes powerAn exceptional negotiated installation or unexpectedly rapid election and inauguration transfers executive authority to her before year-end. Her return strengthens her political influence, but the documented roadmap does not currently provide this short-term accession mechanism.
Maduro regains substantive controlA legal or diplomatic reversal leads to release and genuine restoration of executive command. Continuing US prosecution and the additional political steps required make this the most remote outcome. Retaining a nominal legal title while Rodriguez governs would not qualify.

Implications

  • Use continued Rodriguez rule as the near-term planning assumption. The evidence supports treating her administration as the likely executive counterpart through year-end, while retaining contingency arrangements for an insider succession.
  • Do not mistake transition milestones for a handover. New judges, a vacancy declaration, or an election announcement could be important political developments while leaving the forecast’s answer unchanged.
  • Focus contingency monitoring on personnel and command arrangements. A named caretaker, a transfer of military authority, or Washington shifting its operational engagement to a replacement matters more for this question than campaign popularity alone.
  • Keep the horizon narrow. A forecast of leadership continuity through December is not a forecast that reforms will succeed, elections will occur on schedule, or economic and security conditions will remain unchanged.

Signs to watch

Date or triggerWhat could happen and how it would affect the forecast
17 November: scheduled Maduro court hearing on dismissal argumentsContinued detention would reinforce the already narrow restoration path. A ruling leading toward release would make Maduro’s outcome more likely, although release alone would not restore executive control. An actual release-and-restoration arrangement would warrant rerunning the forecast.
11 December: planned submission of judicial nominees; mid-December: target for a new Supreme TribunalThese are reported process dates, not presidential handover dates. Appointments that preserve Rodriguez’s caretaker role would support her continuation. A ruling or agreement naming a different executive would make her outcome less likely and warrant rerunning the forecast.
After court reform: electoral-council changes and a permanent-vacancy declaration, with no firm completion date establishedExplicit confirmation that Rodriguez governs until a successor’s inauguration would strengthen her outcome. A separate caretaker appointment or pre-year-end transfer date would weaken it. A vacancy declaration alone need not shift the forecast materially.
Without warning: Washington changes its counterpartContinued engagement through Rodriguez’s ministers supports continuity. US support for a named replacement, especially alongside a negotiated departure or security guarantees, would make her continuation less likely and warrant rerunning the forecast.
Without warning: a security-elite rupture or personal contingencyCoordinated resignations, refusal of executive orders, rival control of presidential protection, or Rodriguez’s incapacitation would weaken her outcome. A cohesive insider succession would favor Other Chavista; competing chains of command would favor the Other / power vacuum / civil war category. Verified changes in command would warrant rerunning the forecast.
Before 31 December: an exceptional opposition transfer agreementAn enforceable agreement installing Machado, backed by the institutions controlling executive power, would make her outcome more likely. An election announcement or declared winner without an actual handover would not by itself displace the incumbent under these resolution rules.

Research and methodology

The forecast uses a judgmental scenario model over the remaining short horizon. It distinguishes continued management of the negotiated process from a major disruption, then considers who would actually control the executive under each route. The calculations organize assumptions about rare political events; they are not measured historical succession frequencies.

A historical timing check—the rapid 2013 succession following Hugo Chavez’s death—showed that a fast election and inauguration cannot be ruled out merely because little time remains. It was not treated as a transferable base rate. Today’s unfinished institutional reforms and actors’ stated plans carry much more weight.

The sources with the greatest bearing were:

Limitations

The most consequential missing evidence is the actual instrument governing executive succession after a vacancy declaration, together with current command-level behavior inside the armed forces. Public appointments and expressions of unity do not reveal private loyalty or confidential departure bargains.

A complete, current set of Supreme Tribunal rulings and executive orders could not be verified. Direct access to court and electoral-authority sites was unavailable, and some State Department material required corroboration through republications and press reporting. No authoritative instrument was found reconciling the roadmap’s reported election period with the published constitutional text.

These gaps mainly affect confidence in the small replacement probabilities. Failure to identify a public succession agreement is not proof that no private agreement or removal plan exists, and the numerical precision should not be mistaken for equally precise knowledge of those hidden risks.

Forecast history

Hover a data point to trace its series, or click to view the forecast generated at that time.

0%25%50%75%100%Apr2026May2026Jun2026Jul2026Aug2026Sep2026Oct2026Nov2026

Showing 5 of 5 options.

Signed forecast receipt

Externally anchored

Signed Nov 8, 2026, 7:07 PM with ed25519 key preseen-prod-ed25519-20260523 and externally timestamped Nov 8, 2026, 7:07 PM.

sha256:240b10e1d8ab3a...be8ba569f0
Receipt JSON

Want forecasts like this?

Preseen researches your questions and answers them with calibrated, source-backed forecasts.