Central America and the Caribbean > Netherlands Antilles > Economy

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Agriculture > products aloes, sorghum, peanuts, vegetables, tropical fruit
Budget > Revenues	$757,900,000.00		[11th of 166]
Consumer price index	109.31 %		[131st of 165]
Current transfers, receipts > BoP, current US$	400,953,100 BoP $		[94th of 155]
Debt > External	$2,680,000,000.00		[5th of 136]
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. Most of the oil Netherlands Antilles imports for its refineries come from Venezuela. Almost all consumer and capital goods are imported, the US, 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.
Exchange rates Netherlands Antillean guilders per US dollar - 1.79 (2004), 1.79 (2003), 1.79 (2002), 1.79 (2001), 1.79 (2000)
Exports	$3,710,000,000.00		[104th of 189]
Exports to US	$212,400,000.00		[69th of 224]
Foreign direct investment, net > BoP, current US$	1,087,710 BoP $		[109th of 152]
GDP	$2,450,000,000.00		[151st of 203]
GDP (purchasing power parity)	$2,800,000,000.00		[4th of 187]
GDP > Composition by sector > Industry	15%		[27th of 146]
GDP > Real growth rate	1%		[8th of 198]
GDP growth > annual %	-2.1 annual %		[133rd of 187]
Imports of goods and services > BoP, current US$	3,098,384,000 BoP $		[103rd of 156]
Imports of goods, services and income > BoP, current US$	3,205,921,000 BoP $		[107th of 156]
Inflation rate (consumer prices)	2.1%		[124th of 192]
Total reserves minus gold > current US$	461,620,100 $		[129th of 178]
Trade balance with US	$4,300,000.00		[68th of 224]

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