ria Liberia-Peters is a coalition of
several parties

Communists: small leftist groups

Member of: EC (associate), INTERPOL; associated with UN through the
Netherlands; UPU, WMO

Diplomatic representation: as an autonomous part of the Netherlands,
Netherlands Antillean interests in the US are represented by the Netherlands;
US--Consul General Sharon P. WILKINSON; Consulate General at
St. Anna Boulevard 19, Willemstad, Curacao (mailing address P. O. Box 158,
Willemstad, Curacao); telephone p599o (9) 613066

Flag: white with a horizontal blue stripe in the center superimposed
on a vertical red band also centered; five white five-pointed stars are
arranged in an oval pattern in the center of the blue band; the five stars
represent the five main islands of Bonaire, Curacao, Saba, Sint
Eustatius, and Sint Maarten

- Economy
Overview: Tourism, petroleum refining, and offshore finance are the
mainstays of the economy. The islands enjoy a comparatively high per
capita income and a well-developed infrastructure compared with other
countries in the region. Unlike many Latin American countries, the
Netherlands Antilles has avoided large international debt. Almost all
consumer and capital goods are imported, with the US being the major
supplier. The economy has suffered somewhat in recent years because
of the depressed state of the world oil market and declining tax revenues.
In 1983 the drop in oil prices led to the devaluation of the Venezuelan
bolivar, which ended a substantial flow of Venezuelan tourists to the
islands. As a result of a decline in tax revenues, the government has
been seeking financial support from the Netherlands.

GDP: $1.0 billion, per capita $5,500; real growth rate 3% (1988 est.)

Inflation rate (consumer prices): 2.0% (1988)

Unemployment rate: 26.0% (1988)

Budget: revenues $180 million; expenditures $289 million, including
capital expenditures of $NA (1987 est.)

Exports: $1.3 billion (f.o.b., 1988); commodities--petroleum
products 98%; partners--US 55%, UK 7%, Jamaica 5%

Imports: $1.5 billion (c.i.f., 1988); commodities--crude petroleum
64%, food, manufactures; partners--Venezuela 52%, Nigeria 15%, US 12%

External debt: $701.2 million (December 1987)

Industrial production: growth rate NA%

Electricity: 125,000 kW capacity; 365 million kWh produced,
1,990 kWh per capita (1989)

Industries: tourism (Curacao and Sint Maarten), petroleum refining
(Curacao), petroleum transshipment fa