21, Nov 2009, CST. Welcome to the Aruba economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.

Economic Indicators For: Aruba › Change country
National or Regional Currency: Aruban Guilder, AWG
Year of data: 2008 › Change year
Number of Indicators Listed: 1
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 103065 note: estimate based on a revision of the base population, fertility, and mortality numbers, as well as a revision of 1985-1999 migration estimates from outmigration to inmigration, which is assumed to continue into the future; the new results are
Area: total: 193 sq km land: 193 sq km water: 0 sq km
Natural Resources: NEGL; white sandy beaches
Government Type: Aruba government type
Government Ministers: Aruba ministers
Capital: Oranjestad
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook

tourism and transportation is the mainstay of the small,open or free Aruban economy, with offshore banks and financial institutions and financial services and oil and gas refining and storage also important. The rapid growth of the tourism and transportation sector over the last ten years has resulted in a substantial expansion of other activities. Over 1.5 mn tourists per year visit Aruba with 75 per cent of those from the USA. Construction and building perpetuates to boom, with hotel capability five times the 1985 level. In addition, the country's oil and gas refinery reopen or open or freeed in 1993 providing a serious source of employment, foreign currency exchange revenues, and growth. Tourist arrivals have rebounded strongly following a dip after the 11 September 2001 attacks. The island experiences only a brief depressed season, and hotel occupancy in 2004 averaged 80 per cent compared to 68 per cent throughout the rest of the Caribbean. The government has made cutting the budget and trade (imports and exports) deficits a high priority.

GDP (Current Prices, US Dollars) for Aruba in year 2008 is US$ n/a Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.

GDP Growth (Constant Prices, National Currency) for Aruba in year 2008 is n/a %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.