Attribute | Value |
---|---|
Geography | |
Area | 180 km² |
Continent | North America |
Land area | 180 km² |
Water area | 0 km² |
Land boundaries | 0 km |
Border countries | Add |
Coastline | 68.5 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 188 m |
People | |
Population | 119,428 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Add |
Short country name | Aruba |
Long local name | Add |
Short local name | Add |
Former name | Add |
Government type | Parliamentary democracy |
Capital | Oranjestad |
Economy | |
GDP (PPP) | 4,158,000,000 USD |
GDP (OER) | 2,700,000,000 USD |
GDP (real growth rate) | 1.2 % |
GDP - per capita (PPP) | 37,500 USD |
Gross national saving | 17 % of GDP |
Labor force | 51,610 |
Unemployment rate | 7.7 % |
Population below poverty line | Add |
Budget revenues | 681,600,000 USD |
Budget expenditures | 755,500,000 USD |
Military expenditures | Add |
Taxes and other revenues | 25.2 % of GDP |
Budget surplus or deficit | -2.7 % of GDP |
Public debt | 86 % of GDP |
Inflation rate | -0.5 % |
Central bank discount rate | 1 % |
Commercial bank prime lending rate | 7 % |
Stock of narrow money | 0 USD |
Stock of broad money | 0 USD |
Stock of domestic credit | 1,848,000,000 USD |
Market value of publicly traded shares | Add |
Current account balance | 22,000,000 USD |
Exports | 137,100,000 USD |
Imports | 1,122,000,000 USD |
Reserves of foreign exchange and gold | 921,800,000 USD |
External debt | 693,200,000 USD |
National currency | US Dollar |
National currency (code) | USD |
National currency (symbol) | $ |
National currency rate to USD | 1.79 |
Discovered and claimed for Spain in 1499, Aruba was acquired by the Dutch in 1636. The island's economy has been dominated by three main industries. A 19th century gold rush was followed by prosperity brought on by the opening in 1924 of an oil refinery. The last decades of the 20th century saw a boom in the tourism industry. Aruba seceded from the Netherlands Antilles in 1986 and became a separate, semi-autonomous member of the Kingdom of the Netherlands. Movement toward full independence was halted at Aruba's request in 1990.