Economy of Aruba

Imports

Imports commoditiesmachinery and electrical equipment, crude oil for refining and reexport, chemicals; foodstuffs

Import partnersUS 46.4%, Netherlands 11.5%, UK 5.4% (2012)

Exports

Exports commoditieslive animals and animal products, art and collectibles, machinery and electrical equipment, transport equipment

Export partnersColombia 39.4%, Venezuela 29.3%, US 13%, Netherlands Antilles 4.1% (2012)

Economy sectors

Agriculture productsaloes; livestock; fish

Industrial productstourism, transshipment facilities, banking

Economy

Unemployment0.60 % (2003)

GDP - Official Exchange Rate2.58 Billion $ (2011)2.47 Billion $ (2010)2.52 Billion $ (2009)

GDP growth rate-5.65 % (2009)-6.88 % (2008)-3.65 % (2007)

GDP per Capita (PPP)25,300 $ (2011)21,800 $ (2004)

GDP - Purchasing Power Parity3.67 Billion $ (2011)2.52 Billion $ (2009)2.26 Billion $ (2005)

GDP PPP per land area20.4 Million $ per square kilometer (2011)14.0 Million $ per square kilometer (2009)12.5 Million $ per square kilometer (2005)

Electricity

Banking

Central bank discount rate1.00 % (2010)3.00 % (2009)5.00 % (2008)

Commercial bank prime lending rate10.5 % (2013)8.40 % (2012)9.00 % (2011)

GDP decomposition by sector

Tourism

International tourism, number of arrivals904 Thousand (2012)869 Thousand (2011)824 Thousand (2010)

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)67.0 % of GDP (2013)46.3 % of GDP (2005)

Current Account Balance (Percentage of GDP)-9.52 % of GDP (2011)-17.71 % of GDP (2010)7.30 % of GDP (2009)

Current Account Balance (Total)124 Million $ (2012)-246.10 Million $ (2011)-75.10 Million $ (2010)

External Debt (Total)533 Million $ (2005)285 Million $ (1996)

External Debt (Percentage of GDP)23.6 % of GDP (2005)20.7 % of GDP (1996)

External Debt per Capita5,332 $ (2005)3,426 $ (1996)