The 1996 CIA World Factbook. United States. Central Intelligence Agency

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in US: none (self-governing part of the

       Netherlands)

      US diplomatic representation: none (self-governing part of the

       Netherlands)

      Flag: blue with two narrow horizontal yellow stripes across the lower portion and a red, four-pointed star outlined in white in the upper hoist-side corner

      Economy———

      Economic overview: Tourism is the mainstay of the Aruban economy, although offshore banking and oil refining and storage are 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 less than 1% unemployment rate have led to a large number of unfilled job vacancies despite sharp rises in wage rates in recent years.

      GDP: purchasing power parity - $1.2 billion (1994 est.)

      GDP real growth rate: 6.1% (1994 est.)

      GDP per capita: $18,000 (1994 est.)

      GDP composition by sector: agriculture: NA% industry: NA% services: NA%

      Inflation rate (consumer prices): 6.1% (1994)

      Labor force: NA by occupation: most employment is in the tourist industry (1995)

      Unemployment rate: 0.5% (1994)

      Budget:

       revenues: $145 million

       expenditures: $185 million, including capital expenditures of $42

       million (1988)

      Industries: tourism, transshipment facilities, oil refining

      Industrial production growth rate: NA%

      Electricity: capacity: 90,000 kW production: 330 million kWh consumption per capita: 4,761 kWh (1993)

      Agriculture: aloes; livestock; fishing

      Illicit drugs: major drug money laundering center and minor transit point for narcotics bound for the US and Europe

      Exports: $1.3 billion (including oil re-exports) (f.o.b., 1994) commodities: mostly refined petroleum products partners: US 64%, EU

      Imports: $1.6 billion (f.o.b., 1994) commodities: food, consumer goods, manufactures, petroleum products, crude oil for refining and reexport partners: US 8%, EU

      External debt: $669 million (December 1995)

      Economic aid: $NA

      Currency: 1 Aruban florin (Af.) = 100 cents

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

      Fiscal year: calendar year

      Transportation———————

      Railways: 0 km

      Highways: total: NA km paved: NA km unpaved: NA km

      Ports: Barcadera, Oranjestad, Sint Nicolaas

      Merchant marine: none

      Airports:

       total: 2

       with paved runways 2 438 to 3 047 m: 1

       with paved runways 914 to 1 523 m: 1

       note: government-owned airport east of Oranjestad accepts

       transatlantic flights (1995 est.)

      Communications———————

      Telephones: 22,922 (1993 est.)

      Telephone system:

       domestic: more than adequate

       international: 1 submarine cable to Sint Maarten (Netherlands

       Antilles); extensive interisland microwave radio relay links

      Radio broadcast stations: AM 4, FM 4, shortwave 0

      Radios: NA

      Television broadcast stations: 1

      Televisions: 19,000 (1993 est.)

      Defense———

      Defense note: defense is the responsibility of the Netherlands

      ======================================================================

      @Ashmore and Cartier Islands—————————————

      (territory of Australia)

      Map—

      Location: 12 14 S, 123 05 E—Southeastern Asia, islands in the

       Indian Ocean, northwest of Australia

      Flag——

      Description: the flag of Australia is used

      Geography————

      Location: Southeastern Asia, islands in the Indian Ocean,

       northwest of Australia

      Geographic coordinates: 12 14 S, 123 05 E

      Map references: Southeast Asia

      Area:

       total area: 5 sq km

       land area: 5 sq km

       comparative area: about eight times the size of The Mall in

       Washington, DC

       note: includes Ashmore Reef (West, Middle, and East Islets) and

       Cartier Island

      Land boundaries: 0 km

      Coastline: 74.1 km

      Maritime claims:

       contiguous zone: 12 nm

       continental shelf: 200-m depth or to the depth of exploitation

       exclusive fishing zone: 200 nm

       territorial sea: 3 nm

      International disputes: none

      Climate: tropical

      Terrain: low with sand and coral lowest point: Indian Ocean 0 m highest point: unnamed location 3 m

      Natural

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