Economy - overview:
Tourism is the mainstay of the small open Aruban economy, together with offshore banking. Oil refining and storage ended in 2009. The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Over 1.5 million tourists per year visit Aruba with 75% of those from the US. Construction continues to boom with hotel capacity five times the 1985 level. Tourist arrivals rebounded strongly following a dip after the 11 September 2001 attacks. The government has made cutting the budget and trade deficits a high priority.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition by sector: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Investment (gross fixed): Budget: Taxes and other revenues: Budget surplus (+) or deficit (-): Public debt: Inflation rate (consumer prices): Central bank discount rate: Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Natural gas - production: Natural gas - consumption: Natural gas - exports: Natural gas - imports: Natural gas - proved reserves: Current account balance: Exports: Exports - commodities: Exports - partners: Imports: Imports - commodities: Imports - partners: Reserves of foreign exchange and gold: Debt - external: Exchange rates:
NOTE: 1) The information regarding Aruba on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Aruba Economy 2012 information contained here. All suggestions for corrections of any errors about Aruba Economy 2012 should be addressed to the CIA.
$2.258 billion (2005 est.)
country comparison to the world: 182
[see also: GDP country ranks ]
$2.258 billion (2005 est.)
[see also: GDP (official exchange rate) country ranks ]
2.4% (2005 est.)
country comparison to the world: 142
[see also: GDP - real growth rate country ranks ]
$21,800 (2004 est.)
country comparison to the world: 60
[see also: GDP - per capita country ranks ]
agriculture: 0.4%
[see also: GDP - composition by sector - agriculture country ranks ]
industry: 33.3%
[see also: GDP - composition by sector - industry country ranks ]
services: 66.3% (2002 est.)
[see also: GDP - composition by sector - services country ranks ]
41,500 (2004 est.)
country comparison to the world: 193
[see also: Labor force country ranks ]
agriculture: NA%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: NA%
[see also: Labor force - by occupation - industry country ranks ]
services: NA%
[see also: Labor force - by occupation - services country ranks ]
note: most employment is in wholesale and retail trade and repair, followed by hotels and restaurants
6.9% (2005 est.)
country comparison to the world: 73
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]
NA%
[see also: Investment (gross fixed) country ranks ]
revenues: $670.6 million
[see also: Budget revenues country ranks ]
expenditures: $783.7 million (2011 est.)
[see also: Budget expenditures country ranks ]
29.7% of GDP (2011 est.)
country comparison to the world: 90
[see also: Taxes and other revenues country ranks ]
-5% of GDP (2011 est.)
country comparison to the world: 150
[see also: Budget surplus (+) or deficit (-) country ranks ]
46.3% of GDP (2005)
country comparison to the world: 58
[see also: Public debt country ranks ]
3% (2011 est.)
country comparison to the world: 51
[see also: Inflation rate (consumer prices) country ranks ]
1% (31 December 2010 est.)
country comparison to the world: 101
[see also: Central bank discount rate country ranks ]
10% (31 December 2011 est.)
country comparison to the world: 95
[see also: Commercial bank prime lending rate country ranks ]
$762.8 million (31 December 2010)
country comparison to the world: 153
[see also: Stock of narrow money country ranks ]
$1.753 billion (31 December 2010 est.)
country comparison to the world: 150
[see also: Stock of broad money country ranks ]
$1.412 billion (31 December 2010 est.)
country comparison to the world: 147
[see also: Stock of domestic credit country ranks ]
aloes; livestock; fish
tourism, transshipment facilities
NA%
[see also: Industrial production growth rate country ranks ]
910 million kWh (2008 est.)
country comparison to the world: 149
[see also: Electricity - production country ranks ]
846.3 million kWh (2008 est.)
country comparison to the world: 150
[see also: Electricity - consumption country ranks ]
0 kWh (2009 est.)
[see also: Electricity - exports country ranks ]
0 kWh (2009 est.)
[see also: Electricity - imports country ranks ]
2,477 bbl/day (2010 est.)
country comparison to the world: 101
[see also: Oil - production country ranks ]
8,000 bbl/day (2010 est.)
country comparison to the world: 157
[see also: Oil - consumption country ranks ]
206,400 bbl/day (2009 est.)
country comparison to the world: 56
[see also: Oil - exports country ranks ]
234,000 bbl/day (2009 est.)
country comparison to the world: 43
[see also: Oil - imports country ranks ]
1 cu m (2009 est.)
country comparison to the world: 93
[see also: Natural gas - production country ranks ]
1 cu m (2009 est.)
country comparison to the world: 112
[see also: Natural gas - consumption country ranks ]
1 cu m (2009 est.)
country comparison to the world: 48
[see also: Natural gas - exports country ranks ]
1 cu m (2009 est.)
country comparison to the world: 75
[see also: Natural gas - imports country ranks ]
0 cu m (1 January 2011 est.)
country comparison to the world: 105
[see also: Natural gas - proved reserves country ranks ]
$67.1 million (2011 est.)
country comparison to the world: 58
[see also: Current account balance country ranks ]
$4.348 billion (2011 est.)
country comparison to the world: 118
note: $1.589 billion (2010 est.)
[see also: Exports country ranks ]
live animals and animal products, art and collectibles, machinery and electrical equipment, transport equipment
Colombia 27.2%, Panama 22.2%, Netherlands Antilles 15.2%, Venezuela 15.1%, US 5.9%, Netherlands 5.1% (2010)
$4.722 billion (2011 est.)
country comparison to the world: 128
[see also: Imports country ranks ]
machinery and electrical equipment, crude oil for refining and reexport, chemicals; foodstuffs
US 50.8%, Netherlands 12%, UK 6.3% (2010)
$725.1 million (31 December 2010 est.)
country comparison to the world: 143
[see also: Reserves of foreign exchange and gold country ranks ]
$478.6 million (2005 est.)
country comparison to the world: 168
[see also: Debt - external country ranks ]
Aruban guilders/florins (AWG) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
Flags
This page was last modified 07-Mar-12