| Economy | Netherlands Antilles |
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Economy - overview:
|
Tourism, petroleum refining, and offshore finance are the mainstays of this small economy, which is closely tied to the outside world. Although GDP has declined or grown slightly in each of the past eight years, the islands enjoy a high per capita income and a well-developed infrastructure compared with other countries in the region. The Venezuelan state oil company owns the single refinery on the island; most of the oil for the refinery is imported from Venezuela. Almost all consumer and capital goods are imported, with the US, Braxil, Italy, and Mexico being the major suppliers. Poor soils and inadequate water supplies hamper the development of agriculture. Budgetary problems hamper reform of the health and pension systems of an aging population. The Netherlands provides financial aid to support the economy. |
GDP (purchasing power parity):
|
$2.8 billion (2004 est.) |
GDP - per capita (PPP):
|
$16,000 (2004 est.) |
GDP (official exchange rate):
|
$NA |
GDP - real growth rate:
|
1% (2004 est.) |
GDP - composition by sector:
|
agriculture: 1%
industry: 15%
services: 84% (2000 est.) |
Investment (gross fixed):
|
void |
Population below poverty line:
|
NA% |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
2.1% (2003 est.) |
Central bank discount rate:
|
NA% (31 December 2009)
NA% (31 December 2008) |
Commercial bank prime lending rate:
|
7.51% (31 December 2009 )
8.33% (31 December 2008 ) |
Stock of money:
|
$1.295 billion (31 December 2008)
$997.8 million (31 December 2007) |
Stock of money - per capita:
|
5,704 USD per capita |
Stock of quasi money:
|
$2.586 billion (31 December 2008)
$2.309 billion (31 December 2007) |
Stock of quasi money - per capita:
|
11,390 USD per capita |
Stock of domestic credit:
|
$NA (31 December 2008)
$2.927 billion (31 December 2007) |
Stock of domestic credit - per capita:
|
void |
Labor force:
|
91,470 (2007) |
Labor force participation rate:
|
40.29 % of population |
Labor force - by occupation:
|
agriculture: 1%
industry: 20%
services: 79% (2005 est.) |
Unemployment rate:
|
15.5% (2002 est.) |
Budget:
|
revenues: $757.9 million
expenditures: $949.5 million (2004) |
Budget revenues per capita:
|
3,339 USD per capita |
Public debt:
|
void |
Industries:
|
tourism (Curacao, Sint Maarten, and Bonaire), petroleum refining (Curacao), petroleum transshipment facilities (Curacao and Bonaire), light manufacturing (Curacao) |
Industrial production growth rate:
|
NA% |
Electricity - production:
|
1.22 billion kWh (2007 est.) |
Electricity - production per capita:
|
5,374 kWh per capita |
Electricity - consumption:
|
1.013 billion kWh (2007 est.) |
Electricity - consumption - per capita:
|
4,462 kWh per capita |
Electricity - exports:
|
0 kWh (2008 est.) |
Electricity - imports:
|
0 kWh (2008 est.) |
Oil - production:
|
0 bbl/day (2008 est.) |
Oil - production per capita:
|
void |
Oil - consumption:
|
69,000 bbl/day (2009 est.) |
Oil - consumption - per capita:
|
110.92 bbl/year per capita |
Oil - exports:
|
224,600 bbl/day (2007 est.) |
Oil - imports:
|
298,500 bbl/day (2007 est.) |
Oil - proved reserves:
|
0 bbl (1 January 2009 est.) |
Natural gas - production:
|
0 cu m (2008 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2008 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2008 est.) |
Natural gas - imports:
|
0 cu m (2008 est.) |
Natural gas - proved reserves:
|
0 cu m (1 January 2009 est.) |
Agriculture - products:
|
aloes, sorghum, peanuts, vegetables, tropical fruit |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$3.71 billion (2006) |
Exports per capita:
|
16,341 USD per capita |
Exports - commodities:
|
petroleum products |
Exports - partners:
|
US 13.09%, Guatemala 10.84%, Singapore 10.65%, Dominican Republic 9.6%, Haiti 7.6%, Bahamas 6.05%, Honduras 4.54%, Mexico 4.2% (2009) |
Imports:
|
$15.74 billion (2006) |
Imports per capita:
|
69,325 USD per capita |
Imports - commodities:
|
crude petroleum, food, manufactures |
Imports - partners:
|
Venezuela 57.3%, US 19.18%, Brazil 8.11% (2009) |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$2.68 billion (2004) |
Debt - external - per capita:
|
11,804 USD per capita |
Stock of direct foreign investment - at home:
|
$NA |
Stock of direct foreign investment - at home - per capita:
|
void |
Stock of direct foreign investment - abroad:
|
$NA |
Stock of direct foreign investment - abroad - per capita:
|
void |
Market value of publicly traded shares:
|
$NA (31 December 2009)
$488.6 billion (2003) |
Market value of publicly traded shares - per capita:
|
void |
Currency (code):
|
Netherlands Antillean guilder (ANG) |
Exchange rates:
|
Netherlands Antillean guilders (ANG) per US dollar - 1.79 (2009), 1.79 (2008), 1.79 (2007), 1.79 (2006), 1.79 (2005) |
Fiscal year:
|
calendar year |
|
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