tial 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.
GDP: purchasing power parity - $1.4 billion (1996 est.)
GDP - real growth rate: 5% (1996 est.)
GDP - per capita: purchasing power parity - $21,000 (1996 est.)
GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%
Inflation rate - consumer price index: 3.5% (1996)
Labor force: NA
by occupation: most employment is in the tourist industry (1996)
Unemployment rate: 0.5% (1994)
Budget:
revenues: $145 million
expenditures : $185 million, including capital expenditures of $42
million (1988)
Industries: tourism, transshipment facilities, oil refining
Industrial production growth rate: NA%
Electricity - capacity: NA kW
Electricity - production: NA kWh
Electricity - consumption per capita: NA kWh
Agriculture - products: aloes; livestock; fishing
Exports:
total value: $1.3 billion (including oil re-exports) (f.o.b., 1995)
commodities: mostly refined petroleum products
partners: US 64%, EU
Imports:
total value: $1.8 billion (f.o.b., 1995)
commodities: food, consumer goods, manufactures, petroleum products,
crude oil for refining and reexport
partners: US 8%, EU
Debt - external: $669 million (December 1995)
Economic aid: the Netherlands provided a 1996 aid package of $224
million to Aruba, the Netherlands Antilles, and Suriname
Currency: 1 Aruban florin (Af.) = 100 cents
Exchange rates: Aruban florins (Af.) per US$1 - 1.7900 (fixed rate
since 1986)
Fiscal year: calendar year
@Aruba:Communications
Telephones: 22,922 (1993 est.)
Telephone system:
domestic: more than adequate
international: 1 submarine cable to Sint Maarten (Netherlands
Antilles); extensive interisland microwave radio relay links
Radio broadcast stations: AM 4, FM 4, shortwave 0
Radios: NA
Television broadcast stations: 1
Televisions: 19,000 (1993 est.)
@Aruba:Transportation
Railways: 0 km
Highways:
total: NA km
paved : NA km
unpaved: NA km
note : most coastal roads are paved, while unpaved roads serve large
tracts of the interior
Ports and ha
|