RaboResearch - Economic Research

Country Report

Country Report Aruba

Although Aruba’s economy grew again in 2013 its economic outlook remains bleak. Government finances in particular are a reason for concern, as Aruba’s deficit is still large, its debt level high and control over public finances weak.

Country Report

Country Report Aruba

The shutdown of Aruba’s oil refinery has put a major drag on economic growth. The economy contracted by -1.2% in 2012, while the growth figure for 2011 was revised downwards. Due to the GDP contraction, public finance ratio’s worsened considerably.