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| Government Type |
parliamentary democracy |
| Legal System |
based on Dutch civil law system, with some English common law influence |
| Currency |
Aruban guilder/florin (AWG) |
| Economic Overview |
Tourism is the mainstay of the small, open Aruban economy, with offshore banking and oil refining and storage 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 low unemployment rate have led to a large number of unfilled job vacancies, despite sharp rises in wage rates in recent years. Tourist arrivals have declined in the aftermath of the 11 September 2001 terrorist attacks on the US. The government now must deal with a budget deficit and a negative trade balance. |
| Natural Resources |
NEGL; white sandy beaches |
| Primary Industries |
tourism, transshipment facilities, oil refining |
| Agricultural Products |
aloes; livestock; fish |
| Import Commodities |
machinery and electrical equipment, crude oil for refining and reexport, chemicals; foodstuffs |
| Export Commodities |
live animals and animal products, art and collectibles, machinery and electrical equipment, transport equipment |
| Export Partners |
US 26.9%, Venezuela 20.9%, Netherlands Antilles 19.5%, Netherlands 14.2% (2001) |
| AIRPORTS of Aruba |
| Aruba - Queen Beatrix Airport |
Domestic Only, Oranjestad 5km (3miles), Position 12°30´15"N, 070°00´44"W, Elevation 18m (59ft) |
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