United States. Central Intelligence Agency

The 1992 CIA World Factbook


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      :Aruba Economy

      Overview:

       Tourism is the mainstay of the economy, although offshore banking and oil

       refining and storage are also important. Hotel capacity expanded rapidly

       between 1985 and 1989 and nearly doubled in 1990 alone. Unemployment has

       steadily declined from about 20% in 1986 to about 3% in 1991. The reopening

       of the local oil refinery, once a major source of employment and foreign

       exchange earnings, promises to give the economy an additional boost.

       GDP:

       exchange rate conversion - $854 million, per capita $13,600; real growth

       rate l0% (1990 est.)

       Inflation rate (consumer prices):

       8% (1990 est.)

       Unemployment rate:

       3% (1991 est.)

       Budget:

       revenues $145 million; expenditures $185 million, including capital

       expenditures of $42 million (1988)

       Exports:

       $134.4 million (f.o.b., 1990)

       commodities:

       mostly petroleum products

       partners:

       US 64%, EC

       Imports:

       $488 million (f.o.b., 1990)

       commodities:

       food, consumer goods, manufactures

       partners:

       US 8%, EC

       External debt:

       $81 million (1987)

       Industrial production:

       growth rate NA

       Electricity:

       310,000 kW capacity; 945 million kWh produced, 15,000 kWh per capita (1990)

       Industries:

       tourism, transshipment facilities, oil refining

       Agriculture:

       poor quality soils and low rainfall limit agricultural activity to the

       cultivation of aloes, some livestock, and fishing

       Economic aid:

       Western (non-US) countries ODA and OOF bilateral commitments (1980-89), $220

       million

       Currency:

       Aruban florin (plural - florins); 1 Aruban florin (Af.) = 100 cents

       Exchange rates:

       Aruban florins (Af.) per US$1 - 1.7900 (fixed rate since 1986)

       Fiscal year:

       calendar year

      :Aruba Communications

      Highways:

       Aruba has a system of all-weather highways

       Ports:

       Oranjestad, Sint Nicolaas

       Civil air:

       Air Aruba has a fleet of 3 intermediate-range Boeing aircraft

       Airports:

       government-owned airport east of Oranjestad accepts transatlantic flights

       Telecommunications:

       generally adequate; extensive interisland radio relay links; 72,168

       telephones; broadcast stations - 4 AM, 4 FM, 1 TV; 1 sea cable to Sint

       Maarten

      :Aruba Defense Forces

      Note: defense is the responsibility of the Netherlands

      :Ashmore and Cartier Islands Geography

      Total area:

       5 km2

       Land area:

       5 km2; includes Ashmore Reef (West, Middle, and East Islets) and Cartier

       Island

       Comparative area:

       about 8.5 times the size of The Mall in Washington, DC

       Land boundaries:

       none

       Coastline:

       74.1 km

       Maritime claims:

       Contiguous zone:

       12 nm

       Continental shelf:

       200 m (depth) or to depth of exploration

       Exclusive fishing zone:

       200 nm

       Territorial sea:

       3 nm

       Disputes:

       none

       Climate:

       tropical

       Terrain:

       low with sand and coral

       Natural resources:

       fish

       Land use:

       arable land 0%; permanent crops 0%; meadows and pastures 0%; forest and

       woodland 0%; other - grass and sand 100%

       Environment:

       surrounded by shoals and reefs; Ashmore Reef National Nature Reserve

       established in August 1983

       Note:

       located in extreme eastern Indian Ocean between Australia and Indonesia, 320

       km off the northwest coast of Australia

      :Ashmore and Cartier Islands People

      Population: no permanent inhabitants; seasonal caretakers

      :Ashmore and Cartier Islands Government

      Long-form name:

       Territory of Ashmore and Cartier Islands

       Type:

       territory of Australia administered by the Australian Minister for Arts,

       Sports, the Environment, Tourism, and Territories - Roslyn KELLY

       Capital:

       none; administered from Canberra, Australia

       Administrative divisions:

       none (territory of Australia)

       Legal system:

       relevant laws of the Northern Territory of Australia

       Diplomatic representation:

       none (territory of Australia)

      :Ashmore and Cartier Islands Economy

      Overview: no economic activity

      :Ashmore and Cartier Islands Communications

      Ports: none; offshore anchorage only

      :Ashmore and Cartier Islands Defense Forces

      Note:

       defense is the responsibility of Australia; periodic visits by the Royal

       Australian Navy and Royal Australian Air Force

      :Atlantic Ocean Geography

      Total area:

       82,217,000 km2

       Land area:

       82,217,000 km2; includes Baltic Sea, Black Sea, Caribbean Sea, Davis Strait,

       Denmark Strait, Drake Passage, Gulf of Mexico, Mediterranean Sea, North Sea,

       Norwegian Sea, Weddell Sea,