| DUTCH ANTILLEAN ECONOMY STATS: |
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Agriculture > products aloes, sorghum, peanuts, vegetables, tropical fruit |
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Budget > Revenues
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$757,900,000.00 |
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[11th of 166]
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Source: CIA World Factbook, 28 July 2005 |
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Consumer price index
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109.31 %
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[131st of 165]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Current transfers, receipts > BoP, current US$
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400,953,100 BoP $
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[94th of 155]
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Source: World Development Indicators database |
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Debt > External
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$2,680,000,000.00 |
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[5th of 136]
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Source: World Development Indicators database |
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. |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exchange rates Netherlands Antillean guilders per US dollar - 1.79 (2004), 1.79 (2003), 1.79 (2002), 1.79 (2001), 1.79 (2000) |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Exports
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$3,710,000,000.00 |
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[104th of 189]
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Source: CIA World Factbook, 28 July 2005 |
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Exports to US
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$212,400,000.00 |
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[69th of 224]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Foreign direct investment, net > BoP, current US$
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1,087,710 BoP $
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[109th of 152]
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Source: US Census Bureau |
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GDP
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$2,450,000,000.00 |
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[151st of 203]
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Source: World Development Indicators database |
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GDP (purchasing power parity)
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$2,800,000,000.00 |
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[4th of 187]
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Source: World Development Indicators database and CIA World Factbook |
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GDP > Composition by sector > Industry
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15% |
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[27th of 146]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Real growth rate
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1% |
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[8th of 198]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP growth > annual %
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-2.1 annual %
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[133rd of 187]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Imports of goods and services > BoP, current US$
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3,098,384,000 BoP $
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[103rd of 156]
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Source: World Development Indicators database |
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Imports of goods, services and income > BoP, current US$
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3,205,921,000 BoP $
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[107th of 156]
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Source: World Development Indicators database |
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Inflation rate (consumer prices)
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2.1% |
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[124th of 192]
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Source: World Development Indicators database |
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Total reserves minus gold > current US$
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461,620,100 $
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[129th of 178]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Trade balance with US
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$4,300,000.00 |
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[68th of 224]
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Source: World Development Indicators database |