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    Aruba Econom�a 2000

      Econom�a - descripci�n: Tourism is the mainstay of the Aruban economy, although offshore banking and oil refining and storage are also important. The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Construction has boomed, with hotel capacity five times the 1985 level. In addition, the reopening of the country's oil refinery in 1993, a major source of employment and foreign exchange earnings, has further spurred growth. Aruba's small labor force and less than 1% unemployment rate have led to a large number of unfilled job vacancies, despite sharp rises in wage rates in recent years.

      Producto Bruto Interno (PBI): purchasing power parity - $1.6 billion (1998 est.)

      PBI - Indice de Incremento real: 3% (1998)

      PBI - por capital: purchasing power parity - $22,800 (1998 est.)

      PBI - Composici�n por Sector:
      agriculture: NA%
      industry: NA%
      services: NA%

      Poblaci�n bajo linea de pobertad: NA%

      Ingreso en casa o porcentage de consumci�n:
      lowest 10%: NA%
      highest 10%: NA%

      Indice de Inflaci�n (precios del consumidor): 2% (1999 est.)

      Fuerza Laboral: 41,501 (1997 est.)

      Fuerza Laboral - por ocupaci�n: most employment is in wholesale and retail trade and repair, followed by hotels and restaurants (1997 est.)

      Indice de desempleo: 0.6% (1996 est.)

      revenues: $NA
      expenditures: $541 million, including capital expenditures of $NA (2000 est.)

      Industrias: tourism, transshipment facilities, oil refining

      Industrial production growth rate: NA%

      Electricidad - Producci�n: 475 million kWh (1998)

      Electricidad - producci�n por fuente:
      fossil fuel: 100%
      hydro: 0%
      nuclear: 0%
      other: 0% (1998)

      Electricidad - consumci�n: 442 million kWh (1998)

      Electricidad - exportaciones: 0 kWh (1998)

      Electricidad - importaciones: 0 kWh (1998)

      Agricultura - productos: aloes; livestock; fish

      Exportaciones: $1.17 billion (including oil reexports)(1998)

      Exporationes - comodidades: transport equipment, live animals and animal products, art and collectibles, machinery and electrical equipment

      Exportaciones - socios: US 53.2%, Colombia 14.9%, Netherlands 8.8% (1998)

      Importaciones: $1.52 billion (1998)

      Importaciones - comodidades: machinery and transport equipment, crude oil for refining and reexport; foodstuffs

      Importaciones - socios: US 55.5%, Netherlands 12.3%, Japan 3.5% (1998)

      Deuda - externa: $285 million (1996)

      Ayuda economica - recipiente: $26 million (1995); note - the Netherlands provided a $127 million aid package to Aruba and Suriname in 1996

      Moneda: 1 Aruban florin (Af.) = 100 cents

      Indice de intercambio: Aruban florins (Af.) per US$1 - 1.7900 (fixed rate since 1986)

      A�o Fiscal: calendar year

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    Revisto 01-Nov-00
    Copyright © 2000 Photius Coutsoukis (all rights reserved)