12, Feb 2012, CET. 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: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 106,113 (July 2011 est.) note: estimate based on a revision of the base population, fertility, and mortality numbers, as well as a revision of 1985-99 migration estimates from outmigration to inmigration, which is assumed to continue into the future; the new results are consistent with the 2000 census
Area: total: 180 sq km land: 180 sq km water: 0 sq km
Natural Resources: NEGL; white sandy beaches
Capital: name: Oranjestad geographic coordinates: 12 31 N, 70 02 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

Aruba has an open economy which is dependent on import and export trade. Tourism is the mainstay of the small economy, alongside offshore banking. Construction continues to boom with hotel capacity five times the 1985 level. Deficit spending has been a staple in Aruba's history, and modestly high inflation has been present as well, therefore the government has made cutting the budget and trade deficits a high priority.