Aruba

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.

$2.258 billion (2005 est.)

$2.205 billion (2004 est.)

$2.258 billion (2005 est.)

2.4% (2005 est.)

$21,800 (2004 est.)

41,500 (2004 est.)

6.9% (2005 est.)

NA%

46.3% of GDP (2005)

3.4% (2005)

3% (31 December 2009)

5% (31 December 2008)

10.77% (31 December 2009 est.)

11.23% (31 December 2008 est.)

$865 million (31 December 2009)

$781 million (31 December 2008)

$1.771 billion (31 December 2009 est.)

$1.671 billion (31 December 2008 est.)

$1.333 billion (31 December 2009)

$1.321 billion (31 December 2008)

aloes; livestock; fish

tourism, transshipment facilities

NA%

850 million kWh (2007 est.)

790.5 million kWh (2007 est.)

0 kWh (2008 est.)

0 kWh (2008 est.)

2,235 bbl/day (2009 est.)

8,000 bbl/day (2009 est.)

231,100 bbl/day (2007 est.)

236,400 bbl/day (2007 est.)

0 bbl (1 January 2010 est.)

0 cu m (2008 est.)

0 cu m (2008 est.)

0 cu m (2008 est.)

0 cu m (2008 est.)

0 cu m (1 January 2010 est.)

$124 million (2006); note - includes oil reexports

live animals and animal products, art and collectibles, machinery and electrical equipment, transport equipment

Panama 23.84%, Netherlands Antilles 20.49%, Colombia 17.48%, Venezuela 12.61%, US 9.12%, Netherlands 7.5% (2009)

$1.054 billion (2006)

machinery and electrical equipment, crude oil for refining and reexport, chemicals; foodstuffs

US 49.51%, Netherlands 16.15%, UK 4.94% (2009)

$478.6 million (2005 est.)

Aruban guilders/florins (AWG) per US dollar - NA (2007), 1.79 (2006), 1.79 (2005), 1.79 (2004), 1.79 (2003)