Tourism is the mainstay of the small open Aruban economy, together with offshore banking. Oil refining and storage ended in 2009. The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Over 1.5 million tourists per year visit Aruba with 75% of those from the US. Construction continues to boom with hotel capacity five times the 1985 level. Tourist arrivals rebounded strongly following a dip after the 11 September 2001 attacks. The government has made cutting the budget and trade deficits a high priority.
| SOURCE: CIA - The World Factbook | |
| Currency | Aruban Florin |
|---|---|
| Fiscal Year | 01 January - 31 December |
| GDP (PPP) | $2.258 billion (2005 est.) |
| GDP (per capita) | $21,800 (2004 est.) |
| Exports | $124 million (2006); note - includes oil reexports |
| Imports | $1.054 billion (2006) |
| Main Industries | Tourism, Transshipment Facilities, Oil Refining |
| Exports - Commodities | Live Animals and Animal Products, Art and Collectibles, Machinery and Electrical Equipment, Transport Equipment |
| Imports - Commodities | Machinery and Electrical Equipment, Crude Oil For Refining and Reexport, Chemicals; Foodstuffs |
| Exports Partners | Panama 22.3%, Colombia 19.2%, Venezuela 17.3%, US 13.5%, Netherlands Antilles 10.8%, Netherlands 7.2% (2008) |
| Imports Partners | US 53.3%, Netherlands 11.7%, UK 4.6% (2008) |
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