IFED
For Governments& ChambersFor Banks& InvestorsFor Corporates& SMEsFor Philanthropists& RoyaltyFor Start-Ups& YouthIntelligence Centre

    Aruba

    Continent
    North America
    Capital
    Oranjestad
    Population
    125,063
    Sub-Zones
    0
    General Information
    Basic details about Aruba
    Population:
    125,063
    Area:
    180 sq km
    Currency:
    Aruban guilders/florins per US dollar -
    Languages:
    Papiamento, Spanish, Dutch, English, French, African languages, and Arawak) 69.4, Spanish 13.7, English, Dutch
    Economic Overview
    Key economic indicators for Aruba
    GDP:
    $4.35 billion
    GDP per Capita:
    $40,500
    GDP Growth:
    4.26%
    Inflation:
    4.26%
    Unemployment:
    7.7%
    Public Debt:
    86% of GDP
    Credit Rating:
    BBB+ (2013)
    Political System
    Governance structure of Aruba
    Government Type:
    parliamentary democracy; part of the Kingdom of the Netherlands
    Head of State:
    King WILLEM-ALEXANDER of the Netherlands (since 30 April 2013); represented by Governor General Alfonso BOEKHOUDT (since 1 January 2017)
    Head of Government:
    Prime Minister Evelyn WEVER-CROES (since 17 November 2017)
    Judiciary:
    Joint Court of Justice of Aruba, Curacao, Sint Maarten, and of Bonaire, Sint Eustatius and Saba or "Joint Court of Justice" (sits as a 3-judge panel); final appeals heard by the Supreme Court in The Hague, Netherlands
    Administrative Divisions:
    none (part of the Kingdom of the Netherlands)

    Major Political Parties

    • Not specified
    International Relations
    Global position and alliances
    UN Member:
    Yes
    EU Member:
    No
    Diplomatic Presence:
    none (represented by the Kingdom of the Netherlands)

    Major Alliances and Organizations

    Economic Sectors & Trade
    Detailed economic breakdown

    Major Economic Sectors

    Agriculture
    0% (2019 est.)
    Industry
    11.4% (2019 est.)
    Services
    78.3% (2019 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

    Trade Volume

    Exports:
    $2.853 billion
    Imports:
    $2.429 billion

    Major Trading Partners

    Jordan 34
    Colombia 31
    USA 7
    Guyana 5
    Slovakia 5

    Economic Outlook

    Aruba has a 4.26% GDP growth rate with 4.26% inflation. The economy is characterized by a strong agriculture sector.