Economy of Aruba - Statistics

Statistics

GDP: purchasing power parity - $2.400 billion (2007 est.)

GDP - real growth rate: 1.0% (2007 est.)

GDP - per capita: purchasing power parity - $21,500 (2007 est.)

GDP - composition by sector: agriculture: 0.4% industry: 33.3% services: 66.3% (2002 est.)

Inflation rate (consumer prices): 8.7% (2007)

Labor force: 41,500 (2004 est.)

Unemployment rate: 6.9% (2005 est.)
country comparison to the world: 86

Budget: revenues: $507.9 million

expenditures: $577.9 million (2005 est.)

Public debt: 46.3% of GDP
country comparison to the world: 43

Central bank discount rate: 5% (2008)
country comparison to the world: 80

Industries: tourism, transshipment facilities, oil refining

Agriculture - products: aloes; livestock; fish

Electricity - production: 800 million kWh (2006 est.)
country comparison to the world: 151

Electricity - consumption: 744 million kWh (2006 est.)
country comparison to the world: 149

Electricity - exports: 0 kWh (2007)

Electricity - imports: 0 kWh (2007)

Oil - production: 2,356 bbl/d (374.6 m3/d) (2007)
country comparison to the world: 100

Oil - consumption: 7,102 bbl/d (1,129.1 m3/d) (2006 est.)
country comparison to the world: 155

Oil - exports: 233,300 bbl/d (37,090 m3/d) (2005)
country comparison to the world: 49

Oil - imports: 238,200 bbl/d (37,870 m3/d) (2005)
country comparison to the world: 41

Oil - proved reserves: n/a

Natural gas - production: 0 cu m (2007 est.)
country comparison to the world: 93

Natural gas - consumption: 0 cu m (2007 est.)
country comparison to the world: 112

Natural gas - exports: 0 cu m (2007 est.)
country comparison to the world: 40

Natural gas - imports: 0 cu m (2007)
country comparison to the world: 61

Natural gas - proved reserves: 0 cu m (1 January 2006)
country comparison to the world: 104

Exports: $124 million f.o.b.; note - includes oil reexports (2006)
country comparison to the world: 192

Exports - commodities: live animals and animal products, art and collectibles, machinery and electrical equipment, transport equipment

Exports - partners: Panama 29.7%, Colombia 17%, Netherlands Antilles 13.2%, US 11.3%, Venezuela 10.9%, Netherlands 9.2% (2007)

Imports: $1.054 billion f.o.b. (2006)
country comparison to the world: 171

Imports - commodities:machinery and electrical equipment, crude oil for refining and reexport, chemicals; foodstuffs

Imports - partners: US 54.6%, Netherlands 12%, UK 4.7% (2007)

Debt - external: $478.6 million (2005 est.)
country comparison to the world: 165

Economic aid - recipient: $11.3 million (2004)

Currency: Aruban guilder/florin

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

Fiscal year: calendar year

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