Page 1

ANNU UAL STA ATISTICA AL DIGE EST 2011

Ma ay 11, 2012 Isssue no. 6


Correspondence related to this digest should be addressed to the Statistics Department of the Centrale Bank van Aruba J.E. Irausquin Boulevard 8 P.O. Box 18 Telephone: (297) 525-2100 Telefax: (297) 525-2101 Website: www.cbaruba.org E-mail: statistics.department@cbaruba.org Š 2012 De Centrale Bank van Aruba The information contained in this digest may be published and copied for educational and noncommercial purposes, provided the source is acknowledged. ISSN: 0920-9905


i


Annual Statistical Digest Contents Preface i General notes to the tables vii Tables Selected economic indicators iv Gross domestic product Aruba and selected Caribbean countries xii Tourism Aruba and selected Caribbean countries xiv Social indicators xv A 1 2 3 4 5 6 7 8

9 10 11 12 13 14 15 B 1 2 3 4 5 6

Real sector Gross Domestic Product 3 Business Perception Results 5 Business Perception Survey (Indices by selective sectors) 7 Partial Economic Activity Index 8 Indicators of tourism activity 9 Tourism 11 Growth in stay-over tourism (Percentage changes) 12 Consumer price index (Percentage changes/period average) 13 Consumer price indices 16 Percentage price changes 18 Construction activities 19 Utilities 20 Merchandise foreign trade by country 21 Merchandise foreign trade by product category 22 Oil refining 23 Monetary and financial developments Centrale Bank van Aruba detailed balance sheet 31 Bank notes issued 33 Coins issued 34 Commercial banks summary account 35 Commercial banks prudential ratios 35 Commercial banks -

7 8 9 10 11 12 13 14 15 16 17 18

19 20 21 22 23

24 25 26 27 28

29

30

iii

detailed balance sheet 36 Loans to domestic sectors by kind of economic activity 40 Monetary survey 41 Components of broad money 43 Causes of changes in broad money 44 Foreign assets 46 Money-creating institutions consolidated balance sheet 47 Nonmonetary financial institutions balance sheet 51 Financial survey 52 Housing mortgages 53 Commercial banks - balance sheet 54 Commercial banks - income statement 55 Commercial banks - core set of macroprudential indicators (End-ofperiod figures in percentages) 56 Offshore banks - balance sheet 57 Offshore banks - income statement 58 Bank-like institutions - balance sheet 59 Bank-like institutions - income statement 60 Bank-like institutions - core set of macroprudential indicators (End-ofperiod figures in percentages) 61 Number of supervised institutions within the insurance sector 62 Nonlife insurance companies balance sheet 63 Nonlife insurance companies income statement 64 Nonlife insurance companies financial ratios 65 Nonlife insurance companies - net earned premium by indemnity group 66 Nonlife insurance companies income statement by indemnity group 67 Life insurance companies - balance sheet 72


31 32 33 34 35 36 37

3

Life insurance companies - income statement 73 Life insurance companies - financial ratios 74 Company pension funds - balance sheet 75 Company pension funds - income statement 76 Company pension funds - financial ratios 77 Money transfer companies - balance sheet 78 Money transfer companies - income statement 79

4 5 6 7 8 9 10 11

C 1

2

3 4 5 6

7

Interest rates Interest rates of commercial banks (Averages of month-end rates) 87 Interest rates of commercial banks (Weighted averages related to transactions during the indicated period) 88 Central Bank lending rates 89 Central Bank offered rates on commercial banks’ deposits 89 London interbank offered rates on U.S. dollar deposits 89 Government security markets (Treasury bills and cash loan certificates) 90 Government security markets (Bonds and other debt securities) 92

12 13 14 15 16 17 18 19

Components of the current account 112 Components of the capital and financial account 114 Balance of payments of the oil sector 116 Balance of payments of the non-oil sector 118 Breakdown of merchandise trade 120 Remittances by country 122 Remittances by country (As a percentage of the total) 122 Portfolio investment assets by security 123 Portfolio investment assets by country of nonresident issuer 123 Inward direct investment positions 124 Inward direct investment positions by country of investment 124 Gross external debt position of Aruba by sector 125 Gross external debt position by duration 126 Gross external debt (GED) to GDP ratio by sector 127 International investment position 128 Official foreign exchange rates (selling) (Period averages) 129 Official foreign exchange rates (selling) (End of period) 130

Charts D 1 2 3 4 5

Public finance Government financial operations (I) 97 Government financial operations (II) 98 Government revenue 99 Government’s position with the monetary system 101 Outstanding government debt 102

A 1 2 3 4 5 6

E 1 2

External sector and exchange 7 rates Balance of payments summary 109 Balance of payments by sector 111 8 iv

Real sector Tourism 24 Ship calls 24 Average hotel occupancy rate 24 Consumer price index (end of period) 24 Inflation Aruba and selected countries (end of period) 25 Number of construction permits granted 25 Number of electrical installations approved 25 Cement Imports 25


9 10 11 12 13 14 15 16 17

loans (gross) to total gross loans by category of the bank-like institutions 83

Water consumption 26 Electricity consumption 26 Gas consumption 26 Gross domestic product (growth) 26 Partial economic activity index 27 Utilities index 27 Merchandise trade 27 Imports of goods by country 27 Exports of goods by country 28

C 1 2 3 4

B 1 2

3 4 5 6 7 8

9

10 11 12

13

14

15

16

Monetary and financial developments Florin currency issued 80 Net domestic assets and net foreign assets (excluding revaluation differences) 80 Net foreign assets 80 Money supply 80 Commercial loans of the banking sector 81 Loans to individuals of the banking sector 81 Housing mortgages of the financial sector 81 Development coverage ratio of the nonlife insurance companies 81 Net earned premium by indemnity group of the general insurance companies 82 Development coverage ratio of the company pension funds 82 Development coverage ratio of the life insurance companies 82 Development nonperforming loans (gross) to total gross loans of the commercial banks 82 Development nonperforming loans (gross) to total gross loans of the commercial banks 83 Development nonperforming loans (gross) by category of the commercial banks 83 Development nonperforming loans (gross) to total gross loans of the bank-like institutions 83 Development nonperforming

D 1 2 3 4 5

Public finance Government revenue 104 Tax revenue 104 Non-tax revenue 104 Revenue versus expenditure 104 Outstanding government debt 105

E

External sector and exchange rates Balance of payments summary 131 Overall balance by sector Components of the current account 131 Current account by sector 131 Gross tourism receipts 132 Components of the capital and financial account 132 Capital and Financial account by sector 132 Remittances 132 Incoming transfers for remittances by country 133 Outgoing transfers for remittances by country 133 Portfolio investment assets by security 133 Debt securities 133 Portfolio investment assets by country of nonresident issuer 134 Inward direct investment positions 134 Gross external debt by sector 134

2 3 4 5 6 7 8 9 10 11 12 13 14 15

v

Interest rates Interest rates commercial banks 93 Weighted average yield on cash loan certificates 93 Weighted average yield on treasury bills 93 Weighted average yield on government bonds and other debt securities 93


16

17 18

Gross external debt by sector (excluding intercompany lending) 134 International investment position 135 Official foreign exchange rates (selling) per Afl. 100 135 Explanatory notes to the tables 137

vi


General note to the tables The following symbols and conventions are used throughout this digest: Blank : not available 0.0

: nil or less than half the final digit shown

‌

: not comparable or not fixed

d

: discontinuity in the series; this sign will be accompanied by an explanatory note in the back section of this digest

p

: provisional data

Users should also note that: a)

Data in the tables are quoted in millions of Aruban florin (Afl.), unless otherwise stated.

b)

Owing to rounding of figures, the sum of separate items may differ in the final digit from the total shown.

c)

Data in the tables are subject to revision from time to time as more current or additional information becomes available.

d)

The tables are provided with sources. If that is not the case the Centrale Bank van Aruba is the source.

vii


SELECTED ECONOMIC INDICATORS

1986

1987

1988

1989

1990

1991

1992

1993

60.9 726 1,275 0.7 11.9 20.9 181.2 73.3 97

60.2 873 1,480 16.1 14.5 24.6 231.7 86.1 134

60.5 1,068 1,756 18.6 17.6 29.0 278.0 81.1 142

61.8 1,245 1,969 12.1 20.1 31.9 344.3 70.3 139

64.2 1,369 2,047 4.0 21.3 31.9 432.8 130.0 198

3.5 3.6

3.9 3.1

4.3 4.0

7.1 5.8

66.7 1,561 2,210 8.0 23.4 33.2 501.3 133.2 208 0.6 3.7 5.6

69.0 1,716 2,340 5.9 24.9 33.9 541.7 216.6 320 0.6 4.5 3.9

73.7 1,939 2,511 7.3 26.3 34.1 562.0 251.1 352 0.5 6.4 5.2

1.8 1.1

MONETARY AUTHORITIES Official reserves 1) Bank notes issued

141.8 36.6

150.4 40.0

172.4 46.8

162.0 58.6

182.9 70.8

223.8 79.6

264.3 83.4

323.4 88.0

COMMERCIAL BANKS Private sector credit Net foreign assets Liquidity ratio Loan / deposit ratio

285.8 -13.9 26.6 77.8

339.2 0.5 31.3 69.1

419.2 -20.8 27.7 66.5

457.2 -22.7 27.0 67.4

529.0 27.7 29.3 68.8

601.9 47.6 33.2 67.5

684.9 73.5 36.8 63.2

741.2 98.9 36.4 61.6

800.5 93.8 36.4 61.9

MONEY-CREATING INSTITUTIONS Broad money Net domestic assets Net international reserves

315.7 187.8 127.9

447.9 297.0 150.9

526.1 374.5 151.6

545.6 396.0 149.6

649.1 459.5 189.7

761.2 530.7 230.4

889.4 592.0 297.4

1,000.6 637.6 363.1

1,064.6 647.4 417.2

6.6 7.8 5.4 11.0

6.7 8.3 5.2 10.3

6.9 8.6 5.2 10.2

6.9 8.8 5.2 10.5

7.1 9.0 5.2 10.6

6.8 8.8 5.2 10.6

6.1 7.6 5.2 10.6

5.3 7.2 4.3 10.6

12.0

11.7

11.5

11.0

11.0

11.4

11.4

11.4

617.0 257.3 359.7 49.6 28.9

690.0 289.8 400.2 50.4 29.2

726.0 317.2 408.8 46.5 26.2

1,021.3 373.5 647.8 59.5 37.8

1,077.8 422.6 655.2 55.6 33.8

-86.8 -69.6 126.9 40.1 -5.6

-297.1 -123.2 337.8 40.7 -9.0

-400.2 -127.3 467.1 66.9 -8.2

38.8 -115.4 26.9 65.7 -6.7

28.0 -42.7 26.1 54.1 -2.2

REAL SECTOR Mid-year population (x 1,000) GDP at market prices Real GDP Real GDP growth (in percent) Nominal GDP per capita (x Afl.1,000) Real GDP per capita (x Afl.1,000) Tourist stay-over visitors (x 1,000) Cruise visitors (x 1,000) Cruise ship calls Unemployment rate (%) Consumer inflation (end of period, in percent) Consumer inflation (period average, in percent)

1988 d

FINANCIAL INSTITUTIONS Net foreign assets nonmonetary financial institutions Housing mortgages INTEREST RATES 2) Time deposits (one year or less) Time deposits (over one year) Savings deposits Current account Consumer credit Mortgages Housing mortgages Commercial mortgages Other commercial loans Interest rate margin PUBLIC FINANCE Total revenue Total expenditure Lending minus repayments Financial deficit (-) Financial deficit / GDP (%) Outstanding government debt Domestic Foreign Outstanding debt / GDP (%) Foreign debt / GDP (%) EXTERNAL SECTOR Current account balance Current account balance of the non-oil sector (non-oil) Capital and financial account balance 3) Overall balance Current account balance (non-oil)/GDP (%)

-34.9

-42.1

-96.4

126.8 91.9

65.1 23.0

97.1 0.7

1) Excluding revaluation differences of gold, official foreign exchange and security holdings. 2) Interest rates are month-end rates. 3) Including items not yet classified and errors and omissions. Note: GDP at market prices is used to calculate ratios. Source: CBA; CBS; Aruba Tourism Authority; Cruise Tourism Authority; Department of Finance; Tax Collector's Office; APFA.

ix


SELECTED ECONOMIC INDICATORS (continued)

1994

1995

1996

1997 1998 d 3)

REAL SECTOR Mid-year population (x 1,000) GDP at market prices Real GDP Real GDP growth (in percent) Nominal GDP per capita (x Afl.1,000) Real GDP per capita (x Afl.1,000) Tourist stay-over visitors (x 1,000) Cruise visitors (x 1,000) Cruise ship calls Unemployment rate (%) Consumer inflation (end of period, in percent) Consumer inflation (period average, in percent)

77.6 2,230 2,717 8.2 28.7 35.0 582.1 257.1 345 0.5 4.7 6.3

79.8 2,364 2,785 2.5 29.6 34.9 618.9 294.0 311 0.7 3.1 3.4

83.0 2,470 2,820 1.3 29.8 34.0 640.8 316.7 273 0.6 3.1 3.2

86.3 2,742 3,018 7.0 31.8 35.0 646.0 297.7 270

88.5 2,981 3,074 1.9 33.7 34.8 647.4 257.8 255

2.8 3.0

MONETARY AUTHORITIES Official reserves 1) Bank notes issued

319.8 94.7

396.3 104.5

349.2 110.2

COMMERCIAL BANKS Private sector credit Net foreign assets Liquidity ratio Loan / deposit ratio

938.1 130.0 32.1 66.5

1,005.9 82.0 30.3 67.8

1,198.7 748.8 449.8

1,261.3 783.0 478.3

MONEY-CREATING INSTITUTIONS Broad money Net domestic assets Net international reserves FINANCIAL INSTITUTIONS Net foreign assets nonmonetary financial institutions Housing mortgages INTEREST RATES Time deposits (one year or less) Time deposits (over one year) Savings deposits Current account Consumer credit Mortgages Housing mortgages Commercial mortgages Other commercial loans Interest rate margin PUBLIC FINANCE Total revenue Total expenditure Lending minus repayments Financial deficit (-) Financial deficit / GDP (%) Outstanding government debt Domestic Foreign Outstanding debt / GDP (%) Foreign debt / GDP (%) EXTERNAL SECTOR Current account balance Current account balance of the non-oil sector (non-oil) Capital and financial account balance 2) Overall balance Current account balance (non-oil)/GDP (%)

1999

2000

2001

1.5 1.9

89.7 3,084 3,116 1.4 34.4 34.8 683.3 289.1 230 3.3 3.7 2.3

90.6 3,353 3,353 7.6 37.0 37.0 721.2 490.0 331 4.8 3.5 4.0

91.9 3,437 3,254 -3.0 37.4 35.4 691.4 487.3 298 6.5 2.5 2.9

320.1 115.8

413.0 121.3

418.2 133.3

391.4 137.1

539.5 141.8

1,091.9 82.1 24.2 73.2

1,164.0 77.2 25.3 72.5

1,220.2 144.9 29.3 69.8

1,350.7 158.9 29.3 70.5

1,481.9 139.0 26.2 75.6

1,544.8 120.5 28.5 73.1

1,301.1 869.8 431.3

1,360.8 963.5 397.3

1,538.8 980.9 557.9

1,699.1 1,121.9 577.2

1,738.3 1,207.9 530.4

1,840.6 1,180.5 660.1

239.6 508.1

221.3 583.8

288.6 669.5

340.7 748.3

418.0 821.6

349.8 888.7

5.8 7.8 3.8

5.8 7.7 3.8

6.0 7.7 3.9

5.3 7.7 3.8

17.1

17.1

17.2

17.2

11.1 10.5 11.4 6.9

10.9 10.4 10.8 6.8

10.7 10.8 10.4 5.8

10.9 10.7 10.1 6.2

705.7 703.1 37.4 -34.8 -1.1 1,212.5 506.9 705.6 39.3 22.9

746.1 724.5 16.2 5.4 0.2 1,295.5 570.7 724.8 38.6 21.6

735.7 764.1 -0.4 -28.0 -0.8 1,504.7 751.8 752.9 43.8 21.9

-779.3 -141.5 798.5 19.2 -4.6

371.0 -95.2 -417.7 -46.8 -2.8

553.1 -67.7 -423.4 129.7 -2.0

4.5 6.1 4.0 10.6

5.0 6.3 4.0 10.6

5.0 6.5 4.0 10.3

5.1 6.5 4.0 10.2

5.2 6.5 4.0 10.0

11.4

11.4

11.3

11.2

11.2

602.7 622.4

620.3 678.2

627.6 685.2

1,168.8 458.7 710.1 52.4 31.8

-19.6 -0.8 1,302.3 568.5 733.8 55.1 31.0

-57.9 -2.3 1,352.8 640.1 712.7 54.8 28.9

-57.5 -2.1 1,400.4 750.5 649.9 51.1 23.7

646.4 643.0 31.9 -28.5 -1.0 1,224.0 506.0 718.1 41.1 24.1

96.9 -107.2 -64.3 32.6 -4.8

-38.3 -56.0 66.8 28.5 -2.4

-121.5 -15.5 74.4 -47.1 -0.6

-361.6 -40.5 327.6 -34.0 -1.5

-44.3 -34.4 204.9 160.6 -1.2

1998 4)

1) Excluding revaluation differences of gold, official foreign exchange and security holdings. 2) Including items not yet classified and errors and omissions. 3) Interest rates are based on averages of month-end rates up to August 1998. 4) Interest rates are based on weighted averages for the period September-December 1998 related to transactions during that period. Note: GDP at market prices is used to calculate ratios. Source: CBA; CBS; Aruba Tourism Authority; Cruise Tourism Authority; Department of Finance; Tax Collector's Office; APFA.

x


SELECTED ECONOMIC INDICATORS (continued)

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

REAL SECTOR Mid-year population (x 1,000) GDP at market prices Real GDP Real GDP growth (in percent) Nominal GDP per capita (x Afl.1,000) Real GDP per capita (x Afl.1,000) Tourist stay-over visitors (x 1,000) Cruise visitors (x 1,000) Cruise ship calls Unemployment rate (%) Consumer inflation (end of period, in percent) Consumer inflation (period average, in percent)

92.6 3,475 3,147 -3.3 37.5 34.0 642.6 582.2 337 8.1 4.2 3.3

94.2 3,618 3,210 2.0 38.4 34.1 641.9 542.3 315 11.4 2.3 3.7

96.8 3,989 3,464 7.9 41.2 35.8 728.2 576.3 318 9.5 2.8 2.5

99.4 4,172 3,506 1.2 42.0 35.3 732.5 552.8 311 8.8 3.8 3.4

100.2 4,340 3,543 1.1 43.3 35.3 694.4 591.5 314 9.3 2.5 3.6

100.7 4,681 3,615 2.0 46.5 35.9 772.1 481.8 315 7.1 9.9 5.4

101.6 4,914 3,620 0.2 48.3 35.6 826.8 556.1 299 6.9 -1.9 9.0

102.1 4,478 3,221 -11.0 43.9 31.6 812.6 606.8 327 10.3 6.8 -2.1

102.1 4,313 3,119 -3.2 42.2 30.5 824.7 569.4 314

102.4 4,791 3,395 8.9 46.8 33.2 871.3 599.9 332

-0.7 2.1

6.1 4.4

MONETARY AUTHORITIES Official reserves 1) Bank notes issued

611.4 147.4

546.4 149.1

549.2 145.5

509.5 162.7

608.0 180.1

685.4 202.7

1,088.7 212.2

1,149.9 200.7

1,131.0 197.8

1,066.1 204.0

COMMERCIAL BANKS Private sector credit Net foreign assets Liquidity ratio Loan / deposit ratio

1,730.3 87.6 29.0 71.7

1,903.6 91.4 30.4 72.5

2,011.0 108.5 27.6 75.2

2,198.6 88.4 26.4 76.4

2,310.2 45.6 28.6 75.1

2,404.4 31.2 29.0 74.7

2,510.6 180.2 34.7 69.4

2,488.8 325.2 30.1 67.1

2,512.9 178.3 29.1 66.5

2,588.9 220.1 26.1 71.1

MONEY-CREATING INSTITUTIONS Broad money Net domestic assets Net international reserves

2,033.6 1,334.6 699.0

2,214.1 1,576.3 637.9

2,285.3 1,627.6 657.7

2,426.8 1,829.0 597.9

2,484.4 1,830.7 653.6

2,566.4 1,849.8 716.6

2,990.3 1,721.4 1,268.9

3,163.5 1,688.4 1,475.1

3,154.6 1,845.3 1,309.3

3,158.6 1,872.4 1,286.2

330.3 943.9

398.5 996.4

489.8 1,055.9

571.8 1,128.8

671.8 1,202.4

797.4 1,276.3

570.9 1,329.5

694.1 1,368.6

801.7 1,422.7

760.4 1,497.5

5.2 7.1 3.7

5.2 6.4 3.8

3.6 6.0 3.9

3.4 5.3 4.1

3.7 5.1 4.4

3.9 5.3 3.9

3.2 5.3 3.7

3.2 4.4 3.0

2.0 2.8 2.5

1.4 2.1 2.1

FINANCIAL INSTITUTIONS Net foreign assets nonmonetary financial institutions Housing mortgages INTEREST RATES Time deposits (one year or less) Time deposits (over one year) Savings deposits Current account Consumer credit Mortgages Housing mortgages Commercial mortgages Other commercial loans Interest rate margin PUBLIC FINANCE Total revenue Total expenditure Lending minus repayments Financial deficit (-) Financial deficit / GDP (%) Outstanding government debt Domestic Foreign Outstanding debt / GDP (%) Foreign debt / GDP (%) EXTERNAL SECTOR Current account balance Current account balance of the non-oil sector (non-oil) Capital and financial account balance 2) Overall balance Current account balance (non-oil)/GDP (%)

16.7

16.3

16.5

16.0

15.8

15.6

16.0

15.3

15.1

14.7

10.3 10.0 10.6 7.3

9.5 9.5 8.9 6.1

9.8 8.8 8.9 7.0

9.6 8.7 9.0 7.4

9.4 8.1 9.0 7.2

9.3 8.4 8.6 6.8

9.2 8.4 8.8 7.5

8.4 8.5 8.9 7.1

8.1 7.8 8.6 8.2

7.2 7.1 7.7 7.9

754.7 866.0 -38.4 -72.9 -2.1 1,653.3 733.3 920.0 47.6 26.5

989.0 919.7 -103.1 172.4 4.8 1,494.6 744.9 749.8 41.3 20.7

836.1 1,180.4 9.3 -353.6 -8.9 1,717.1 823.8 893.3 43.0 22.4

909.1 1,034.0 0.7 -125.6 -3.0 1,904.9 971.2 933.7 45.7 22.4

985.2 1,097.6 7.1 -119.5 -2.8 2,012.2 1,025.2 987.0 46.4 22.7

1,034.0 1,084.2 21.3 -71.4 -1.5 2,140.0 1,115.9 1,024.2 45.7 21.9

1,365.1 1,290.5 23.1 51.4 1.0 2,049.7 990.8 1,058.9 41.7 21.5

1,108.9 1,229.1 42.9 -163.1 -3.6 2,226.1 1,149.6 1,076.5 49.7 24.0

1,183.9 1,337.2 35.4 -188.7 -4.4 2,380.8 1,261.7 1,119.2 55.2 25.9

978.4 1,289.8 21.1 -332.5 -6.9 2,771.9 1,597.5 1,174.3 57.8 24.5

-609.0 -331.4 647.9 39.0 -9.5

-296.2 -360.4 234.9 -61.2 -10.0

485.1 -247.9 -465.3 19.9 -6.2

203.1 -346.4 -262.9 -59.8 -8.3

558.5 -608.9 -502.8 55.8 -14.0

472.4 -236.4 -409.4 63.0 -5.0

33.9 -180.9 518.4 552.3 -3.7

347.1 -23.4 -140.9 206.2 -0.5

-762.6 45.4 596.8 -165.8 1.1

-420.3 -340.9 397.2 -23.1 -7.1

1) Excluding revaluation differences of gold, official foreign exchange and security holdings. 2) Including items not yet classified and errors and omissions. Note: GDP at market prices is used to calculate ratios. Source: CBA; CBS; Aruba Tourism Authority; Cruise Tourism Authority; Department of Finance; Tax Collector's Office; APFA.

xi


xii

Provisional, with the exception of Aruba

Source: CBS; CBA; ECLAC; CBS Netherlands Antilles.

P)

1) At constant 2000 prices, in million US$. 2) In million US$. 3) At constant 2000 prices, in US$. 4) In US$.

2,805.0

3,882.5

269.3

372.7

2,881.4

3,685.4

204.6

367.6 -1.4 290.9 8.0 3,829.5 -1.4 3,030.4 8.0

267.3 2.2 215.9 5.5 3,765.1 2.2 3,040.6 5.5

Dominica GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Grenada GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

1.9

371.6 1.1 299.6 3.0 3,831.4 0.0 3,089.0 1.9

274.6 2.7 229.4 6.3 3,867.1 2.7 3,231.4 6.3

7 877.6

367.0 -1.2 306.1 2.2 3,745.0 -2.3 3,123.4 1.1

279.7 1.9 239.8 4.5 3,939.0 1.9 3,377.1 4.5

5.5

8 313.4

634.0 640.7 671.8 2.1 1.1 4.8 487.2 504.2 540.4 4.9 3.5 7.2 10,062.8 10,011.4 10,335.3 0.5 -0.5 3.2

3,212.7 2,988.3 3,024.8 -3.9 -7.0 1.2 2,006.4 1,940.5 2,046.6 -0.8 -3.3 5.5 12,356.7 11,449.6 11,545.2 -3.9 -7.3 0.8 7,716.7 7,434.7 7,811.5 -0.8 -3.7 5.1

5,347.7 5,143.1 5,158.9 -4.2 -3.8 0.3 4,017.9 4,015.3 3,993.0 -1.7 -0.1 -0.6 12,356.7 11,449.6 11,545.2 -3.9 -7.3 0.8 7,716.7 7,434.7 7,811.5 -0.8 -3.7 5.1

13,083.3 13,889.7 14,697.3 9.8 6.2 5.8

3.2

261.7

1993

1,234.6 1,307.3 1,402.8 8.0 5.9 7.3 872.1 958.5 1,083.0 14.0 9.9 13.0 18,521.3 18,944.3 19,037.6 4.0 2.3 0.5

1992

7 733.2

7 490.1

10,010.2

464.4

620.6

7,777.3

12,859.9

2,022.1

3,343.6

7,777.3

12,859.9

4,088.4

5,581.0

11,910.8

17,807.7

764.9

1,143.6

1991

Antigua and Barbuda GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Barbados GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Bahamas GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Nominal per capita GDP 4) Percentage change

Aruba GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change

1990

1995

1996

1997

1998

1999

379.3 3.3 320.3 4.7 3,830.8 2.3 3,235.8 3.6

291.8 4.3 257.8 7.5 4,110.0 4.3 3,630.7 7.5

6.6

8 858.8

716.3 6.6 593.5 9.8 10,690.5 3.4

391.0 3.1 337.5 5.4 3,909.6 2.1 3,375.2 4.3

301.6 3.4 263.9 2.4 4,247.8 3.4 3,717.5 2.4

-4.2

8 484.8

410.5 5.0 363.2 7.6 4,064.4 4.0 3,596.1 6.5

310.1 2.8 282.7 7.1 4,367.9 2.8 3,981.0 7.1

8.0

9 165.6

432.5 5.4 391.1 7.7 4,282.6 5.4 3,871.8 7.7

317.8 2.5 293.2 3.7 4,476.8 2.5 4,129.3 3.7

4.2

9 551.1

448.4 3.7 447.5 14.4 4,440.0 3.7 4,430.7 14.4

327.9 3.2 310.4 5.9 4,684.4 4.6 4,434.5 7.4

4.0

9 937.2

476.9 6.3 484.5 8.3 4,721.3 6.3 4,797.0 8.3

330.0 0.6 320.3 3.2 4,714.4 0.6 4,575.9 3.2

2.4

10 172.1

685.9 731.9 767.8 801.6 834.7 -4.2 6.7 4.9 4.4 4.1 585.5 641.6 687.7 735.4 773.1 -1.4 9.6 7.2 6.9 5.1 9,940.3 10,456.3 10,664.1 10,833.0 10,982.8 -7.0 5.2 2.0 1.6 1.4

3,139.3 3,202.8 3,329.9 3,487.7 3,618.2 3,630.0 3.8 2.0 4.0 4.7 3.7 0.3 2,153.1 2,261.8 2,413.4 2,549.5 2,870.1 3,010.9 5.2 5.0 6.7 5.6 12.6 4.9 11,936.6 12,178.1 12,613.2 13,161.2 13,602.2 13,595.4 3.4 2.0 3.6 4.3 3.4 0.0 8,186.5 8,599.8 9,141.5 9,620.8 10,789.7 11,276.8 4.8 5.0 6.3 5.2 12.1 4.5

5,321.4 5,554.4 5,788.9 6,075.3 6,361.8 6,816.3 3.1 4.4 4.2 4.9 4.7 7.1 4,208.4 4,428.9 4,661.4 4,961.1 5,353.5 6,020.0 5.4 5.2 5.2 6.4 7.9 12.4 11,936.6 12,178.1 12,613.2 13,161.2 13,602.2 13,595.4 3.4 2.0 3.6 4.3 3.4 0.0 8,186.5 8,599.8 9,141.5 9,620.8 10,789.7 11,276.8 4.8 5.0 6.3 5.2 12.1 4.5

16,055.1 16,546.6 16,620.9 17,751.1 18,825.0 19,215.0 9.2 3.1 0.4 6.8 6.1 2.1

1,517.9 1,555.9 1,575.5 1,686.0 1,717.6 1,741.1 8.2 2.5 1.3 7.0 1.9 1.4 1,245.8 1,320.5 1,379.9 1,531.9 1,665.1 1,722.8 15.0 6.0 4.5 11.0 8.7 3.5 19,561.3 19,496.6 18,976.5 19,536.4 19,418.1 19,418.6 2.8 -0.3 -2.7 3.0 -0.6 0.0

1994

GROSS DOMESTIC PRODUCT ARUBA AND SELECTED CARIBBEAN COUNTRIES

560.4 17.5 523.3 8.0 5,494.3 16.4 5,130.0 6.9

332.1 0.6 324.4 1.3 4,744.4 0.6 4,634.8 1.3

-0.7

10 098.6

847.1 1.5 787.7 1.9 10,860.2 -1.1

3,713.6 2.3 3,093.4 2.7 13,856.9 1.9 11,542.4 2.4

7,099.1 4.1 6,327.6 5.1 13,856.9 1.9 11,542.4 2.4

20,678.4 7.6

1,873.5 7.6 1,873.5 8.7 20,678.4 6.5

2000

548.7 -2.1 523.3 0.0 5,379.2 -2.1 5,130.2 0.0

332.9 0.3 330.9 2.0 4,825.2 1.7 4,796.0 3.5

-2.4

9 852.1

820.7 -3.1 778.3 -1.2 10,388.1 -4.3

3,618.9 -2.6 3,091.7 -0.1 13,503.5 -2.6 11,536.0 -0.1

7,285.5 2.6 6,516.7 3.0 13,503.5 -2.6 11,536.0 -0.1

20,903.8 1.1

1,817.8 -3.0 1,920.3 2.5 19,788.4 -4.3

2001

2003

568.7 3.7 544.4 4.0 5,575.6 3.7 5,337.3 4.0

326.7 -1.9 327.0 -1.2 4,735.1 -1.9 4,738.7 -1.2

1.1

9 956.9

623.5 9.6 596.4 9.6 6,112.9 9.6 5,847.1 9.6

351.8 7.7 340.8 4.2 5,098.1 7.7 4,938.8 4.2

4.0

10 356.5

844.4 900.0 2.9 6.6 806.5 849.2 3.6 5.3 10,425.0 10,975.9 0.4 5.3

3,643.3 3,715.2 0.7 2.0 3,117.0 3,242.4 0.8 4.0 13,543.8 13,811.0 0.3 2.0 11,587.4 12,053.5 0.4 4.0

7,482.6 7,387.9 2.7 -1.3 6,958.0 6,949.3 6.8 -0.1 13,543.8 13,811.0 0.3 2.0 11,587.4 12,053.5 0.4 4.0

20,960.7 21,468.7 0.3 2.4

1,758.3 1,793.1 -3.3 2.0 1,941.1 2,021.3 1.1 4.1 18,987.3 19,044.9 -4.0 0.3

2002

2005

617.1 -1.0 602.3 1.0 6,050.1 -1.0 5,904.5 1.0

363.3 3.3 367.0 7.7 5,265.3 3.3 5,318.1 7.7

5.3

10 905.0

700.5 13.5 700.5 16.3 6,801.1 12.4 6,801.1 15.2

361.6 -0.5 361.6 -1.5 5,240.6 -0.5 5,240.6 -1.5

9.4

11 928.3

944.2 1,002.0 4.9 6.1 905.1 1,002.0 6.6 10.7 11,376.3 11,928.3 3.6 4.9

3,768.0 3,918.7 1.4 4.0 3,490.0 3,918.7 7.6 12.3 13,955.7 14,460.0 1.0 3.6 12,925.9 14,460.0 7.2 11.9

7,453.2 7,706.2 0.9 3.4 7,094.4 7,706.2 2.1 8.6 13,955.7 14,460.0 1.0 3.6 12,925.9 14,460.0 7.2 11.9

23,020.3 23,446.5 7.2 1.9

1,934.9 1,958.5 7.9 1.2 2,228.3 2,331.0 10.2 4.6 19,989.6 19,700.1 5.0 -1.4

2004

673.5 -3.9 704.8 0.6 6,538.5 -3.9 6,843.0 0.6

377.6 4.4 387.7 7.2 5,473.1 4.4 5,618.9 7.2

12.6

13 428.4

1,137.6 13.5 1,141.4 13.9 13,383.7 12.2

4,142.7 5.7 4,197.8 7.1 15,286.6 5.7 15,489.9 7.1

7,900.2 2.5 7,965.6 3.4 15,286.6 5.7 15,489.9 7.1

24,191.3 3.2

1,979.1 1.1 2,424.4 4.0 19,748.0 0.2

2006

2008

2009

713.4 5.9 763.9 8.4 6,925.9 5.9 7,416.7 8.4

400.1 6.0 418.8 8.0 5,884.3 7.5 6,158.5 9.6

12.2

15 067.4

720.7 1.0 832.4 9.0 6,930.0 0.1 8,003.4 7.9

430.8 7.7 462.2 10.4 6,335.4 7.7 6,796.4 10.4

3.3

15 570.1

673.1 -6.6 775.5 -6.8 6,471.8 -6.6 7,456.8 -6.8

427.9 -0.7 481.3 4.1 6,293.2 -0.7 7,077.3 4.1

-11.4

13 798.7

1,247.2 1,247.7 1,099.6 9.6 0.0 -11.9 1,295.8 1,354.6 1,214.3 13.5 4.5 -10.4 14,501.8 14,341.2 12,495.6 8.4 -1.1 -12.9

4,211.9 4,216.1 4,059.0 1.7 0.1 -3.7 4,485.3 4,345.4 4,393.0 6.9 -3.1 1.1 15,484.9 15,500.3 14,868.1 1.3 0.1 -4.1 16,490.1 15,975.6 16,091.6 6.5 -3.1 0.7

8,014.4 7,907.5 7,483.2 1.4 -1.3 -5.4 8,319.0 8,240.2 7,806.8 4.4 -0.9 -5.3 15,484.9 15,500.3 14,868.1 1.3 0.1 -4.1 16,490.1 15,975.6 16,091.6 6.5 -3.1 0.7

25,966.5 27,009.8 24,514.8 7.3 4.0 -9.2

2,019.4 2,022.5 1,799.2 2.0 0.2 -11.0 2,615.3 2,745.4 2,501.9 7.9 5.0 -8.9 20,049.8 19,897.3 17,629.8 1.5 -0.8 -11.4

2007

672.8 0.0 783.6 1.0 6,469.2 0.0 7,534.6 1.0

432.0 0.9 471.9 -2.0 6,352.6 0.9 6,939.0 -2.0

-6.0

12 963.9

1,012.6 -7.9 1,153.8 -5.0 11,378.0 -8.9

4,066.2 0.2 4,264.4 -2.9 14,894.6 0.2 15,620.5 -2.9

7,554.3 0.9 7,701.6 -1.3 14,894.6 0.2 15,620.5 -2.9

23,593.7 -3.8

1,742.3 -3.2 2,409.7 -3.7 17,059.3 -3.2

2010

687.1 2.1 824.2 5.2 6,544.1 1.2 7,849.2 4.2

435.9 0.9 485.2 2.8 6,410.0 0.9 7,135.0 2.8

-0.6

12 892.6

991.4 -2.1 1,160.3 0.6 11,015.3 -3.2

4,106.9 1.0 4,670.6 9.5 14,988.6 0.6 17,045.8 9.1

7,705.4 2.0 8,099.1 5.2 14,988.6 0.6 17,045.8 9.1

26,137.9 10.8

1,896.6 8.9 2,676.8 11.1 18,519.7 8.6

2011


xiii

Provisional, with the exception of Aruba

4,171.3

5,827.6

5,068.1

7,080.6

2,216.4

4,068.0

5,241.8

9,620.8

2,171.7

3,056.0

232.4

327.0

3,076.3

4,683.1

424.5

646.3

4,908.4

6,034.6

201.2

247.4

1991

7,270.6 2.7 5,307.9 4.7 5,940.0 1.9 4,336.5 4.0

9,701.2 0.8 4,716.5 -10.0 4,076.1 0.2 1,981.7 -10.6

331.6 1.4 249.1 7.2 3,070.0 0.5 2,306.6 6.2

646.8 0.1 456.9 7.6 4,619.9 -1.4 3,263.4 6.1

253.0 2.3 199.8 -0.7 6,171.1 2.3 4,873.4 -0.7

Source: CBS; CBA; ECLAC; CBS Netherlands Antilles.

P)

1) At constant 2000 prices, in million US$. 2) In million US$. 3) At constant 2000 prices, in US$. 4) In US$.

Trinidad & Tobago GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Nederlands Antilles GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Jamaica GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

St. Vicent and the Grenadines GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

Saint Lucia GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

St. Kitts and Nevis GDP, real 1) Percentage change GDP, nominal 2) Percentage change Real per capita GDP 3) Percentage change Nominal per capita GDP 4) Percentage change

1990

360.9 1.8 279.9 2.4 3,341.7 1.8 2,591.9 2.4

702.2 1.1 507.9 0.1 4,876.6 -0.3 3,526.8 -1.3

275.0 5.4 240.9 9.0 6,546.6 2.9 5,736.4 6.4

1993

350.4 -2.9 282.4 0.9 3,244.5 -2.9 2,614.7 0.9

715.5 1.9 529.0 4.2 4,934.3 1.2 3,648.2 3.4

289.8 5.4 280.3 16.3 6,739.9 3.0 6,518.6 13.6

1994

381.4 8.9 311.3 10.2 3,531.8 8.9 2,882.4 10.2

727.6 1.7 564.0 6.6 4,949.7 0.3 3,836.8 5.2

354.0 22.1 290.1 3.5 8,231.6 22.1 6,745.5 3.5

1995

386.6 1.4 328.1 5.4 3,579.8 1.4 3,038.2 5.4

750.1 3.1 580.2 2.9 5,034.3 1.7 3,894.2 1.5

377.6 6.7 309.5 6.7 8,582.1 4.3 7,033.1 4.3

1996

397.8 2.9 343.6 4.7 3,683.1 2.9 3,181.3 4.7

780.4 4.0 611.2 5.3 5,168.1 2.7 4,047.7 3.9

405.6 7.4 348.3 12.5 9,218.0 7.4 7,915.6 12.5

1997

7,150.8 -1.6 5,439.4 2.5 5,794.8 -2.4 4,408.0 1.6

7,046.9 -1.5 4,576.7 -15.9 5,664.7 -2.2 3,679.0 -16.5

7,298.1 3.6 4,947.1 8.1 5,824.5 2.8 3,948.2 7.3

7,586.8 4.0 5,329.2 7.7 6,016.5 3.3 4,226.2 7.0

8,121.1 7.0 5,759.6 8.1 6,399.6 6.4 4,538.7 7.4

8,745.4 7.7 5,737.8 -0.4 6,859.2 7.2 4,500.2 -0.8

14,457.9

2,756.8 2.8 2,764.4 2,776.0 0.4 14,357.9

2,681.7

9,861.8 10,055.9 10,145.7 10,397.8 10,414.1 10,311.6 1.7 2.0 0.9 2.5 0.2 -1.0 4,221.4 5,414.5 5,570.1 6,620.4 7,449.0 8,506.0 -10.5 28.3 2.9 18.9 12.5 14.2 4,112.5 4,158.8 4,159.8 4,223.3 4,190.8 4,109.8 0.9 1.1 0.0 1.5 -0.8 -1.9 1,760.4 2,239.2 2,283.7 2,689.0 2,997.6 3,390.2 -11.2 27.2 2.0 17.7 11.5 13.1

354.6 6.9 273.4 9.7 3,283.0 6.9 2,531.3 9.7

694.6 7.4 507.5 11.1 4,891.6 5.9 3,573.9 9.5

260.8 3.1 220.9 10.6 6,361.5 3.1 5,388.9 10.6

1992

GROSS DOMESTIC PRODUCT ARUBA AND SELECTED CARIBBEAN COUNTRIES (continued)

436.8 4.4 387.2 4.3 4,044.2 4.4 3,584.8 4.3

849.5 2.4 706.4 5.3 5,480.9 1.0 4,557.3 3.9

424.3 3.6 385.4 6.2 9,429.2 3.6 8,564.2 6.2

1999

444.6 1.8 397.4 2.7 4,116.9 1.8 3,680.1 2.7

847.9 -0.2 720.9 2.1 5,400.5 -1.5 4,591.6 0.8

442.7 4.3 416.1 8.0 9,622.8 2.1 9,046.7 5.6

2000

2002

452.0 1.7 431.0 8.4 4,184.9 1.7 3,990.9 8.4

804.6 -5.1 683.1 -5.2 5,060.2 -6.3 4,296.4 -6.4

480.3 6.3 462.6 7.3 4,446.8 6.3 4,283.7 7.3

802.1 -0.3 695.5 1.8 5,013.0 -0.9 4,346.9 1.2

465.8 474.7 5.2 1.9 455.4 477.6 9.4 4.9 9,911.3 10,100.8 3.0 1.9 9,690.4 10,161.5 7.1 4.9

2001

2004

2005

2006

516.7 7.6 482.4 4.3 4,784.1 7.6 4,466.6 4.3

841.2 4.9 757.0 8.8 5,192.6 3.6 4,672.9 7.5

538.2 4.2 522.5 8.3 4,937.3 3.2 4,794.0 7.3

904.5 7.5 831.5 9.8 5,515.2 6.2 5,069.8 8.5

551.4 2.5 551.4 5.5 5,059.0 2.5 5,059.0 5.5

881.0 -2.6 881.0 6.0 5,339.6 -3.2 5,339.6 5.3

593.7 7.7 611.0 10.8 5,447.1 7.7 5,605.9 10.8

949.7 7.8 984.7 11.8 5,686.9 6.5 5,896.6 10.4

467.9 488.3 536.4 561.5 -1.4 4.4 9.9 4.7 461.1 497.5 536.4 629.5 -3.4 7.9 7.8 17.4 9,747.1 9,964.3 10,947.1 11,229.5 -3.5 2.2 9.9 2.6 9,606.6 10,154.1 10,947.1 12,590.2 -5.5 5.7 7.8 15.0

2003

9,455.4 10,214.1 10,918.8 11,374.0 12,276.7 14,048.7 15,166.5 15,982.4 8.1 8.0 6.9 4.2 7.9 14.4 8.0 5.4 6,043.7 6,809.0 8,154.3 8,824.8 9,008.3 11,305.5 13,280.4 15,982.4 5.3 12.7 19.8 8.2 2.1 25.5 17.5 20.3 7,381.3 7,936.4 8,451.1 8,769.5 9,429.1 10,757.0 11,568.7 12,153.9 7.6 7.5 6.5 3.8 7.5 14.1 7.5 5.1 4,718.0 5,290.6 6,311.4 6,804.0 6,918.8 8,656.6 10,130.0 12,153.9 4.8 12.1 19.3 7.8 1.7 25.1 17.0 20.0

18,285.2 14.4 18,369.1 14.9 13,852.5 14.0 13,916.0 14.5

2,765.1 2,806.6 2,859.9 2,865.6 2,877.1 2,917.3 2,952.4 3,002.5 3,065.6 0.3 1.5 1.9 0.2 0.4 1.4 1.2 1.7 2.1 2,806.6 2,788.6 2,859.9 2,910.4 2,935.1 3,031.0 3,115.4 3,264.1 3,436.2 1.1 -0.6 2.6 1.8 0.8 3.3 2.8 4.8 5.3 14,397.6 15,074.8 15,957.0 16,455.3 16,477.1 16,419.4 16,299.9 16,122.8 16,030.3 0.3 4.7 5.9 3.1 0.1 -0.4 -0.7 -1.1 -0.6 14,614.0 14,978.3 15,957.0 16,712.8 16,809.3 17,059.1 17,199.8 17,527.5 17,968.2 1.1 2.5 6.5 4.7 0.6 1.5 0.8 1.9 2.5

10,185.1 10,285.8 10,356.9 10,496.2 10,598.1 10,969.2 11,127.5 11,239.3 11,541.0 -1.2 1.0 0.7 1.3 1.0 3.5 1.4 1.0 2.7 8,838.6 8,832.2 9,005.1 9,194.7 9,719.0 9,430.2 10,173.2 11,239.3 11,927.7 3.9 -0.1 2.0 2.1 5.7 -3.0 7.9 10.5 6.1 4,019.4 4,021.0 4,011.2 4,030.8 4,035.8 4,145.6 4,175.4 4,190.6 4,280.8 -2.2 0.0 -0.2 0.5 0.1 2.7 0.7 0.4 2.2 3,488.0 3,452.8 3,487.6 3,531.0 3,701.1 3,564.0 3,817.3 4,190.6 4,424.2 2.9 -1.0 1.0 1.2 4.8 -3.7 7.1 9.8 5.6

418.4 5.2 371.3 8.1 3,873.8 5.2 3,437.8 8.1

830.0 6.4 670.8 9.8 5,424.6 5.0 4,384.6 8.3

409.4 0.9 363.0 4.2 9,098.4 -1.3 8,067.5 1.9

1998

19,130.7 4.6 21,642.2 17.8 14,427.3 4.2 16,321.4 17.3

3,163.7 3.2 3,635.8 5.8 16,194.0 1.0 18,610.3 3.6

11,705.9 1.4 12,795.6 7.3 4,321.1 0.9 4,723.3 6.8

613.7 3.4 684.7 12.1 5,630.6 3.4 6,281.6 12.1

960.8 1.2 1,062.7 7.9 5,685.3 0.0 6,288.0 6.6

577.0 2.8 689.5 9.5 11,539.3 2.8 13,789.3 9.5

2007

19,569.6 2.3 27,870.1 28.8 14,703.0 1.9 20,939.2 28.3

3,239.6 2.4 3,945.3 8.5 16,313.5 0.7 19,867.0 6.8

11,638.2 -0.6 13,859.5 8.3 4,278.8 -1.0 5,095.4 7.9

622.5 1.4 699.1 2.1 5,711.4 1.4 6,414.1 2.1

1,012.7 5.4 1,128.2 6.2 5,922.2 4.2 6,597.6 4.9

604.0 4.7 740.1 7.3 11,843.8 2.6 14,511.8 5.2

2008

18,982.0 -3.0 19,661.8 -29.5 14,208.1 -3.4 14,716.9 -29.7

3,223.4 -0.5 3,989.8 1.1 16,213.6 -0.6 20,068.3 1.0

11,293.5 -3.0 12,289.4 -11.3 4,135.3 -3.4 4,500.0 -11.7

608.7 -2.2 678.7 -2.9 5,584.2 -2.2 6,226.6 -2.9

1,001.6 -1.1 1,105.4 -2.0 5,823.5 -1.7 6,426.9 -2.6

562.4 -6.9 688.7 -7.0 10,814.9 -8.7 13,243.5 -8.7

2009

18,977.5 0.0 20,901.3 6.3 14,151.8 -0.4 15,586.3 5.9

3,229.9 0.2 4,113.5 3.1

11,149.4 -1.3 13,457.8 9.5 4,067.6 -1.6 4,909.8 9.1

591.9 -2.8 680.2 0.2 5,430.2 -2.8 6,240.3 0.2

1,033.6 3.2 1,198.9 8.5 5,940.4 2.0 6,890.3 7.2

548.8 -2.4 673.2 -2.2 10,554.3 -2.4 12,946.2 -2.2

2010

18,717.3 -1.4 22,551.8 7.9 13,905.9 -1.7 16,754.7 7.5

0.0 -100.0

11,294.3 1.3 14,859.6 10.4 4,105.5 0.9 5,401.5 10.0

607.3 2.6 714.1 5.0 5,571.4 2.6 6,551.2 5.0

1,059.5 2.5 1,224.8 2.2 6,019.8 1.3 6,959.2 1.0

573.5 4.5 742.1 10.2 10,821.2 2.5 14,002.2 8.2

2011


xiv 1,192.2 3.17 711.7 3.17 6.3 6.0

6.6 6.2

2.5 4.3

2.6 4.8

1,162.4 0.0 658.2 0.0

472.3 3.17 517.9 3.17

8.6 14.6

9.3 15.8

447.1 0.0 510.0 0.0

1,617.6 3.17 1,743.7 3.4

3.4 2.5

3.7 3.0

1,633.1 0.0 1,687.1 0.0

646.0 0.8 297.7 -6.0

640.8 3.5 316.7 7.8

1997

6.3 5.6

1,225.3 2.8 673.7 -5.3

2.6 4.2

512.4 8.5 506.6 -2.2

7.8 14.4

1,527.7 -5.6 1,729.9 -0.8

3.3 2.1

647.4 0.2 257.8 -13.4

1998

6.1 6.4

1,248.8 1.9 764.3 13.4

2.5 3.6

514.6 0.4 432.9 -14.5

7.8 16.6

1,577.1 3.2 1,981.5 14.5

3.4 2.4

683.3 5.5 289.1 12.1

1999

6.5 6.2

1,322.7 5.9 907.6 18.7

2.7 3.6

544.7 5.8 533.3 23.2

7.6 17.0

1,544.0 -2.1 2,512.6 26.8

3.5 3.3

721.2 5.6 490.0 69.5

2000

7.3 5.8

1,276.5 -3.5 840.3 -7.4

2.9 3.7

507.1 -6.9 527.6 -1.1

8.7 17.7

1,537.8 -0.4 2,551.7 1.6

3.9 3.4

691.4 -4.1 487.3 -0.6

2001

Source: Aruba Tourism Authority; Cruise Tourism Authority; Caribbean Tourism Organization.

1) In thousand.

Jamaica Stay-over visitors 1) Percentage change Cruise visitors 1) Percentage change Market share in the Caribbean Stay-over visitors Cruise visitors

Barbados Stay-over visitors 1) Percentage change Cruise visitors 1) Percentage change Market share in the Caribbean Stay-over visitors Cruise visitors

Bahamas Stay-over visitors 1) Percentage change Cruise visitors 1) Percentage change Market share in the Caribbean Stay-over visitors Cruise visitors

Aruba Stay-over visitors 1) Percentage change Cruise visitors 1) Percentage change Market share in the Caribbean Stay-over visitors Cruise visitors

1996

TOURISM ARUBA AND SELECTED CARIBBEAN COUNTRIES

7.4 5.5

1,266.4 -0.8 865.4 3.0

2.9 3.3

497.9 -1.8 523.3 -0.8

8.9 17.7

1,513.1 -1.6 2,802.1 9.8

3.8 3.7

642.6 -7.1 582.2 19.5

2002

7.4 6.4

1,350.3 6.6 1,132.6 30.9

2.9 3.2

531.2 6.7 559.1 6.8

8.2 16.7

1,509.9 -0.2 2,970.2 6.0

3.5 3.1

641.9 -0.1 542.3 -6.9

2003

7.2 5.5

1,414.8 4.8 1,099.8 -2.9

2.8 3.6

551.5 3.8 721.3 29.0

8.0 16.8

1,561.3 3.4 3,360.0 13.1

3.7 2.9

728.2 13.4 576.3 6.3

2004

7.4 6.0

1,478.7 4.5 1,135.8 3.3

2.8 3.0

547.5 -0.7 563.3 -21.9

8.1 16.2

1,608.2 3.0 3,078.7 -8.4

3.7 2.9

732.5 0.6 552.8 -4.1

2005

8.4 6.8

1,678.9 13.5 1,315.3 15.8

2.8 2.8

562.6 2.7 539.1 -4.3

8.0 16.0

1,600.1 -0.5 3,076.4 -0.1

3.5 3.1

694.4 -5.2 591.5 7.0

2006

8.4 6.0

1,700.8 1.3 1,179.5 -10.3

2.8 3.1

572.9 1.8 616.4 14.3

7.5 15.1

1,527.6 -4.5 2,970.7 -3.4

3.8 2.5

772.1 11.2 481.8 -18.5

2007

8.6 5.7

1,767.3 3.9 1,088.9 -7.7

2.8 3.1

567.7 -0.9 597.5 -3.1

7.1 14.9

1,462.4 -4.3 2,861.1 -3.7

2.9 2.9

826.8 7.1 556.1 15.4

2008

9.3 4.8

1,831.1 3.6 922.3 -15.3

2.6 3.3

518.6 -8.6 635.7 6.4

6.7 16.8

1,327.0 -9.3 3,255.8 13.8

4.1 3.1

812.6 -1.7 606.8 9.1

2009

9.1 4.4

1,916.3 4.7 909.6 -1.4

2.5 3.2

532.2 2.6 664.7 4.6

6.9 18.3

1,454.7 9.6 3,803.1 16.8

3.9 2.7

824.7 1.5 569.4 -6.2

2010

9.7 1.0

1,913.5 -0.1 1,060.3 16.6

2.9 0.57

567.7 6.7 619.1 -6.9

6.8 3.8

1,346.1 -7.5 4,161.3 9.4

4.4 0.5

871.3 5.7 599.9 5.4

2011


xv 925.40 800.60 398.20

6.1

Source: CBS; Department of Labor.

1) End of year. 2) As of September of the year. 3) Census 2000; population under 14 years not included.

JUSTICE Total number of crimes committed Traffic accidents (2003 excl. San Nicolas and Noord) Fatal accidents Traffic violations Deported illegal imigrants

Welfare benefits on January 31 Persons on welfare Total amount paid (in Afl. thousand)

SOCIAL AFFAIRS Minimum wages Industry Service / Trade Domestic servants

Divorce Demography Crude marriage rate Crude divorce rate Divorce per marriage rate

Infant mortality rate (per 1,000 live births)

4229 1887 2,342 3,070

1,157 429 728

Population growth (absolute) Live births Deaths Natural increase (a)

Immigrants Emmigrants Net migration (b) Total population growth (a+b)

24.7 65.2 10.1

374

Population density 2 (population per km land)

Population by age (as % of total) Under 15 years Between 15 and 60 years 60 years or older

969

33,157 34,225 67,382

1991

Sex ratio (males per 1,000 females)

Population by sex (% change) Male Female Total

POPULATION 1) Population by sex (absolute) Male Female Total

SOCIAL INDICATORS

925.40 830.20 412.95

8.0 3.1 38.7

2.3

4,469 2,091 2,378 3,246

1,292 424 868

24.3 65.6 10.0

392

969

4.8 4.8 4.8

34,759 35,870 70,629

1992

925.40 876.70 436.10

8.4 3.0 35.9

2.2

7,278 2,101 5,177 6,112

1,337 402 935

23.6 66.7 9.8

426

976

9.0 8.3 8.7

37,901 38,840 76,742

1993

7.3 3.0 41.6

0.7

4,094 2,299 1,795 2,710

1,419 504 915

23.5 66.3 10.2

451

965

3.1 3.8 3.5

39,853 41,307 81,160

1995

7.1 3.4 48.7

2.1

4,950 2,211 2,739 3,722

1,452 469 983

23.3 66.4 10.3

472

958

4.2 4.9 4.6

41,538 43,344 84,883

1996

7.5

4,007 2,130 1,877 2,837

1,457 497 960

23.0 66.5 10.5

487

953

3.1 3.6 3.3

42,811 44,909 87,720

1997

3.0

3,416 2,762 654 1,464

1,315 505 810

22.9 66.3 10.8

495

941

1.0 2.3 1.7

43,243 45,940 89,183

1998

9.7 3.7 38.1

4.0

3,344 3,082 262 951

1,250 561 689

22.6 66.3 11.1

501

932

0.5 1.6 1.1

43,480 46,655 90,135

1999

9.9 3.8 38.1

3.1

3,535 3,368 167 930

1,294 531 763

23.1 65.7 11.2

506

923

0.5 1.5 1.0

43,690 47,358 91,048

2000

9.1 3.6 39.4

3.2

3,386 2,561 825 1,653

1,263 435 828

22.7 65.8 11.5

511

916

0.6 1.3 0.9

43,942 47,961 91,903

2001

7.7 5.5 71.3

2.4

3,076 2,543 533 1,269

1,228 492 736

22.3 65.9 11.8

514

912

0.3 0.8 0.6

44,086 48,345 92,432

2002

6.9 5.3 76.5

2.4

3,516 1,998 1,518 2,261

1,244 501 743

22.1 65.9 12.0

523

910

1.7 1.9 1.8

44,834 49,277 94,111

2003

6.1 4.9 79.9

2.5

3,858 1,649 2,209 2,900

1,193 502 691

21.6 66.2 12.2

536

906

2.4 2.8 2.6

45,893 50,638 96,531

2004

7.0 4.3 62.1

4.8

3,756 1,469 2,287 3,068

1,263 482 781

21.2 66.3 12.5

551

904

2.6 2.8 2.7

47,096 52,075 99,171

2005

2007

2008

2009

3,090 1,029.8

3,462 1,699.5

3,577 1,770.2

3,551 1,777.0

3,493 1,757.9

3,212 1,547.5

6,412 9,583 16 6,298 1,696

3,183 1,605.0

1,725

4,236 3,053 18

3,224 1,691.0

5,933 6,045 14 8,095 1,114

2,986 1,516.0

5,511 6,322 13 8,808 1,398

2,414 1,425.0

2010

5.3 5.1 96.9

6.5

2,341 1,722 619 1,309

1,227 537 690

20.7 66.3 13.0

555

903

0.7 0.9 0.8

5.1 4.0 78.5

3.2

2,157 1,839 318 1,036

1,239 521 718

20.4 66.1 13.5

558

901

0.4 0.6 0.5

3.7

4.1

2,885 2,053 832 1,527

1,218 523 695

19.7 64.7 15.6

563

905

1.2 0.7 0.9

4.1

2,833 2,333 500 1,090

1,213 623 590

19.4 66.2 14.4

566

906

0.5 0.4 0.4

5,643 6,246 14 7,588

2,269 1,282.0

6,277 5,858 18 8,296

2,020 1,240.0

5,690 6,223 20 6,463

1,991 1,172.0

7,191 8,700 18

1,846 1,134.0

566

905

0.0 0.1 0.1

47,432 47,630 48,190 48,412 48,414 52,547 52,850 53,219 53,408 53,477 99,979 100,480 101,409 101,820 101,891

2006

994.80 1,025.35 1,025.35 1,060.20 1,088.85 1,111.75 1,111.75 1,111.75 1,200.00 1,200.00 1,236.00 1,236.00 1,360.00 1,460.00 1,505.25 1,542.90 994.80 1,025.35 1,025.35 1,060.20 1,088.85 1,111.75 1,111.75 1,111.75 1,200.00 1,200.00 1,236.00 1,236.00 1,360.00 1,460.00 1,505.25 1,542.90 464.00 478.40 478.40 494.65 508.05 518.75 560.00 560.00 560.00 560.00 576.80 576.80 634.50 681.14 702.25 719.80

7.9 2.5 31.9

3.8

3,287 2,463 824 1,708

1,315 431 884

23.5 66.4 10.1

436

972

2.0 2.4 2.2

38,663 39,786 78,450

1994


xvi 15.2 14.1

13.7 11.3

21.9 17.3 11.8 9.9

13.6 14.4

14.9 12.2

8.8 9.0

12.6 14.7

20.3 19.6

9.1 5.9

9.1 6.8

16.8 12.8

16.2 15.2

11.0 6.0

10.3 6.0

8.7 8.3

16.9 13.8

15.7 12.8

8.1 3.7

10.4 7.6

12.0 11.9

13.9 13.4

17.6 14.0

11.4 8.0

10.3 7.0

27.3 20.0 15.7 9.6 17.7

105 471 410 161 1,147

2,867 9,436 6,428 1,553 20,284

2000

Source: CBS; Department of Labor.

1) End of year. 2) As September of the year. 3) Census 2000 and 2010; population under 14 years not included.

358 364 722

7.3 5.7

19.0 18.8

16.7 14.7

4.3 6.1

10.5 8.0

28.1 20.2 16.2 13.9 18.9

100 458 381 106 1,045

2,809 9,263 6,163 1,475 19,710

1999

Literacy unknown 3) Male Female Total

13.6 14.7

11.4 16.7

17.0 15.9

16.3 16.0

8.3 4.0

12.9 8.7

27.7 20.2 16.6 14.7 19.0

98 451 370 100 1,019

2,712 9,096 6,128 1,470 19,406

1998

808 1,074 1,882

21.2 16.7

17.3 19.7

21.6 16.9

14.1 2.3

12.0 9.7

2,512 8,637 5,572 1,328 18,049

1997

Illiterate population 3) Male Female Total

22.9 17.7

19.4 18.9

15.6 7.9

11.9 8.5

2,375 8,586 5,587

1996

32,365 35,959 65,324

13.5 4.0

16.9 8.6

12.9 10.2

2,333 8,179 5,756

1995

Literate population 3) Male Female Total

EDUCATION Repitition rate Primary education Male Female Secondary education LBO/EPB students Male Female MAVO Male Female HAVO Male Female VWO Male Female 13.2 10.0

2,385 7,861 5,496

1994

27.0 19.9 15.5 9.0 17.5

2,242 7,674 5,341

1993

Student/teacher ratio Pre-primary education Primary education Secondary education Tertiary education Total

2,040 7,372 5,201

1992

93 433 360 148 1,034

2,028 7,191 4,906

1991

Number of teachers Pre-primary education Primary education Secondary education Tertiary education Total

EDUCATION 2) Number of students Pre-primary education Primary education Secondary education Tertiary education Total

SOCIAL INDICATORS (continued)

10.9 5.2

13.7 16.5

22.1 18.2

11.5 12.3

11.3 8.0

25.1 20.0 15.7 10.5 17.7

115 492 431 151 1,189

2,887 9,824 6,757 1,593 21,061

2001

10.7 12.1

15.6 15.5

19.4 17.0

12.3 11.3

10.7 7.9

21.5 18.5 14.9 12.2 16.8

135 536 462 151 1,284

2,906 9,897 6,868 1,840 21,511

2002

13.4 12.3

19.6 17.5

18.9 13.8

17.3 11.7

11.5 8.6

20.0 18.6 14.6 10.9 16.3

142 543 483 166 1,334

2,836 10,083 7,075 1,802 21,796

2003

11.1 10.2

14.1 17.1

13.5 11.7

16.2 13.1

10.7 8.2

19.5 18.4 14.5 10.4 16.0

143 552 495 196 1,386

2,794 10,159 7,176 2,032 22,161

2004

13.8 12.4

12.0 12.3

11.4 10.1

13.6 13.7

10.2 7.9

20.6 18.2 14.6 9.4 15.8

145 567 522 211 1,445

2,980 10,309 7,624 1,990 22,903

2005

11.9 9.3

10.7 11.4

13.0 10.2

14.5 14.5

9.0 6.6

20.2 17.7 13.9 9.7 15.4

143 580 546 222 1,491

2,884 10,285 7,580 2,150 22,899

2006

9.0 11.0

10.7 10.3

13.5 11.3

12.6 10.9

9.0 5.9

18.8 17.4 13.6 10.1 15.0

144 572 557 222 1,495

2,713 9,977 7,549 2,242 22,481

2007

10.8 10.4

19.0 17.8

13.7 11.5

13.7 11.9

19.2 17.1 13.4 9.8 14.8

140 575 568 231 1,514

2,686 9,860 7,635 2,268 22,449

2008

19.5 16.9 14.0 10.4 15.1

144 579 544 224 1,491

2,809 9,792 7,592 2,330 22,523

2009

187 153 340

1,147 1,405 2,552

36,902 42,070 78,972

2010


A

Real sector


3 1,969

1,245

1989

2,047

1,369

1990

2,210

1,561

1991

2,340

1,716

1992

2,511

1,939

1993

2,717

2,230

1994

736 680 56

1,665 1,193 472

2,364

1995

11,925 6,662 4.5

6. GDP per capita A. In Afl. B. In US$ C. Percentage change 14,504 8,103 21.6

60,178

20.3 16.1

17,640 9,855 21.6

60,520

22.3 18.6

20,149 11,256 14.2

61,771

16.6 12.1

Source: CBS; The Department of Economic Affairs, Commerce and Industry of Aruba.

1) Figures for 2007, 2008 and 2009 are preliminary estimates of CBA. 2) Includes "Changes in inventories."

60,861

5. Mid-year population

1.8 0.7

21,320 11,911 5.8

64,218

10.0 4.0

23,419 13,083 9.8

66,661

14.0 8.0

24,862 13,890 6.2

69,006

9.9 5.9

26,308 14,697 5.8

73,686

13.0 7.3

28,736 16,054 9.2

77,596

15.0 8.2

29,618 16,546 3.1

79,805

6.0 2.5

2,786

3. Real gross domestic product

4. GDP growth (in percent) A. Nominal B. Real

84.8

2. GDP deflater (2000 = 100)

2,044

1,756

1,068

1988

D. Imports of goods and services

1,480

873

1987

2,007

1,275

726

1986

C. Exports of goods and services

B. Gross capital formation 1. Private 2) 2. Public

A. Final consumption 1. Household 2. Government

1. GDP at market prices (= A + B + C - D) 1)

TABLE A1: GROSS DOMESTIC PRODUCT

29,753 16,622 0.5

83,022

4.5 1.2

2,819

87.6

2,191

2,140

703 645 58

1,818 1,320 498

2,470

1996

31,774 17,751 6.8

86,302

11.0 7.0

3,018

90.9

2,365

2,263

830 758 71

2,014 1,367 647

2,742

1997

33,697 18,825 6.1

88,452

8.7 2.0

3,074

96.9

2,493

2,374

945 905 40

2,155 1,500 655

2,981

1998


4 34,395 19,215 2.1

6. GDP per capita A. In Afl. B. In US$ C. Percentage change 37,014 20,678 7.6

90,600

8.7 7.6

3,353

100.0

2,370

2,495

855 827 28

2,374 1,656 718

3,353

2000

Source: CBS; CBA

1) Figures for 2007, 2008 and 2009 are preliminary estimates of CBA. 2) Includes "Changes in inventories."

89,659

5. Mid-year population

3.5 1.4

3,116

3. Real gross domestic product

4. GDP growth (in percent) A. Nominal B. Real

99.0

2,610

D. Imports of goods and services

2. GDP deflator (2000 = 100)

2,465

952 911 41

2,276 1,602 674

3,084

1999

C. Exports of goods and services

B. Gross capital formation 1. Private 2) 2. Public

A. Final consumption 1. Household 2. Government

1. GDP at market prices (= A + B + C - D) 1)

TABLE A1: GROSS DOMESTIC PRODUCT (continued)

37,418 20,904 1.1

91,862

2.5 -3.0

3,254

105.6

2,356

2,423

815 792 23

2,555 1,712 843

3,437

2001

37,520 20,961 0.3

92,606

1.1 -3.3

3,147

110.4

2,411

2,256

935 912 23

2,695 1,821 874

3,475

2002

38,429 21,469 2.4

94,151

4.1 2.0

3,210

112.7

2,564

2,283

1,057 1,007 50

2,842 1,947 894

3,618

2003

41,206 23,020 7.2

96,796

10.2 7.9

3,464

115.2

2,735

2,596

1,148 1,089 60

2,980 2,056 924

3,989

2004

4.0 1.1

3,543

122.5

3,390

2,858

1,526 1,460 67

3,346 2,363 983

4,340

2006

7.9 2.0

3,615

129.5

3,595

3,097

1,522 1,464 58

3,658 2,643 1,014

4,681

2007

5.0 0.2

3,620

135.7

3,842

3,327

1,634 1,556 78

3,796 2,716 1,080

4,914

2008

-8.9 -11.0

3,221

139.1

3,382

2,906

1,355 1,273 82

3,599 2,542 1,057

4,478

2009

-3.7 -3.2

3,119

138.3

3,297

2,650

1,238 1,162 76

3,723 2,587 1,136

4,313

2010

11.1 8.9

3,395

141.1

3,968

3,299

1,374 1,312 62

4,087 2,821 1,266

4,791

2011

41,969 23,447 1.9

43,302 24,191 3.2

46,480 25,966 7.3

48,348 27,010 4.0

43,881 24,515 -9.2

42,233 23,594 -3.8

46,787 26,138 10.8

99,418 100,219 100,719 101,646 102,057 102,135 102,411

4.6 1.2

3,506

119.0

3,252

2,860

1,401 1,336 64

3,163 2,199 965

4,172

2005


5

1) During the next year.

4. The number of employees that work for your company

3. The investments of your business

2. The activities of your business

1. The economic conditions in Aruba

B. Expected short-term economic conditions 1)

4. The number of employees that work for your company

3. The investments of your business

2. The activities of your business

1. The economic conditions in Aruba

A. Current economic conditions

Survey questionnaire responses

94.1

91.6

96.8

98.2 106.1

96.0 101.7 106.5

98.2 106.3 107.0

94.6

31 40 40 29 17

24 17 29 37 14 51 74 69 43 20

47 71 57 40 20 53 61 61 53 37

54 61 76 42 37 26 20 31 31 20

46 34 60 43 47 22 24 32 21 12

34 29 44 29 32 25 22 28 33 17

39 44 50 22 39 6 4 0 11 7

22 11 33 15 30 20 21 18 29 13

17 3 26 21 18 44 57 60 40 20

29 29 29 37 23 40 29 57 43 31

56 66 69 49 43

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Improvement

100.3 105.4 106.9 101.8 100.6 101.9

Business perception index

99.6 100.3 103.3

102.4 107.1 107.2

98.4 103.9 106.6 103.6 100.8 101.2

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Short term

Current

Business perception indices

TABLE A2: BUSINESS PERCEPTION RESULTS

49 31 49 57 60

42 29 37 54 49 40 23 31 43 63

32 14 23 46 46 39 34 34 39 47

35 37 18 39 45 46 46 40 40 60

32 31 11 40 47

(as a percentage of the total)

57 38 50 59 79

35 21 29 47 44

63 44 67 61 78

31 11 11 44 56

31 11 26 41 48

34 26 22 48 41

50 42 53 47 58

25 13 18 29 39

46 37 29 49 69

29 23 26 26 40

53 57 37 49 69

30 20 17 40 43

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

No change

19 29 11 14 23

34 54 34 9 37

9 3 0 14 17

21 14 20 14 34

9 5 5 8 16

11 3 5 18 18

28 34 29 29 20

22 34 29 17 6

21 38 18 21 9

31 50 27 24 24

13 33 6 6 6

31 44 39 33 6

63 85 74 48 44

44 63 44 37 30

41 42 53 47 58

23 13 18 29 39

10 6 11 11 11

42 49 46 37 37

7 14 6 9 0

14 14 14 11 14

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Worsening


6

40 17 3 6 17 11 6 100

49 17 3 3 23 6 0 100

2003

45 21 0 11 16 5 3 100

2004

47 26 21 0 6 0 0 100

2005

46 26 3 3 17 6 0 100

2006

1) In percentages of all respondents.

1. no change 2. increase of less than 5.1 percent 3. increase between 5.1 and 10.1 percent 4. increase of more than 10.1 percent 5. decrease of less than 5 percent 6. decrease between 5.1 and 10.1 percent 7. decrease of more than 10.1 percent Total

9 34 11 9 17 9 11 100

2002

Sales

20 11 31 17 9 3 9 100

2003

11 32 14 32 5 5 0 100

2004

23 31 17 9 11 6 3 100

2005

12 29 24 15 12 3 6 100

2006

Perceived developments of employment, profitability, sales, and average wage costs 1) (continued)

1. no change 2. increase of less than 5.1 percent 3. increase between 5.1 and 10.1 percent 4. increase of more than 10.1 percent 5. decrease of less than 5 percent 6. decrease between 5.1 and 10.1 percent 7. decrease of more than 10.1 percent Total

2002

Employment

Perceived developments of employment, profitability, sales, and average wage costs 1)

TABLE A2: BUSINESS PERCEPTION RESULTS (continued)

0 39 17 28 6 6 6 100

2007

56 22 6 11 6 0 0 100

2007

7 15 22 11 19 19 7 100

2008

41 15 7 0 33 0 4 100

2008

8 11 11 5 21 24 21 100

2009

39 13 3 0 34 3 8 100

2009

11 23 9 9 20 9 20 100

2010

40 17 6 0 17 14 6 100

2010

9 20 26 29 9 0 9 100

2011

40 34 9 0 6 3 9 100

2011

21 12 12 12 3 3 15 76

2003

11 24 8 24 3 3 8 81

2004

11 40 20 3 11 6 9 100

2002

23 46 11 11 9 0 0 100

2003

14 57 16 5 0 0 8 100

2004

Average wage costs

6 26 9 12 6 3 18 79

2002

Profits

Operational results

14 57 23 6 0 0 0 100

2005

14 34 3 17 14 3 6 91

2005

6 66 9 9 9 3 0 100

2006

9 21 3 15 15 3 9 74

2006

11 67 11 0 0 6 6 100

2007

0 28 17 22 0 0 22 89

2007

19 48 19 7 4 0 4 100

2008

14 14 14 11 7 7 11 79

2008

24 42 8 0 21 3 3 100

2009

14 14 5 11 14 8 22 86

2009

23 43 11 0 17 6 0 100

2010

3 15 3 9 18 3 32 82

2010

23 46 20 3 6 3 0 100

2011

17 17 9 20 11 0 6 80

2011

6 3 0 0 3 3 6 21

2002

Losses

0 3 3 0 6 0 12 24

2003

0 0 0 5 5 0 8 19

2004

9 0 0 0 0 0 0 9

2005

0 0 0 3 18 3 3 26

2006

0 6 0 0 6 0 0 11

2007

0 0 0 7 4 4 7 21

2008

0 0 0 3 3 3 5 14

2009

0 0 0 0 6 0 12 18

2010

6 0 0 0 3 0 11 20

2011


7

98 95 110 107 90 93 98 103 99 98 102 90 110 110 90 99 99 110 104 97 100 93 110 108 90 96 98 107 101 97

2. Index short-term future economic condition a. Manufacturing (excl. manufacture of refined petroleum products) b. Electricity, gas and water supply, manufacture of refined petroleum products c. Construction d. Wholesale and retail trade, repair of motor vehicles and household goods e. Hotels and restaurants f. Transport, storage and communication g. Financial intermediation h. Real estate and other business activities i. Health, other community and personal service activities

3. Business Perception Index a. Manufacturing (excl. manufacture of refined petroleum products) b. Electricity, gas and water supply, manufacture of refined petroleum products c. Construction d. Wholesale and retail trade, repair of motor vehicles and household goods e. Hotels and restaurants f. Transport, storage and communication g. Financial intermediation h. Real estate and other business activities i. Health, other community and personal service activities

2002

1. Index current economic condition a. Manufacturing (excl. manufacture of refined petroleum products) b. Electricity, gas and water supply, manufacture of refined petroleum products c. Construction d. Wholesale and retail trade, repair of motor vehicles and household goods e. Hotels and restaurants f. Transport, storage and communication g. Financial intermediation h. Real estate and other business activities i. Health, other community and personal service activities

TABLE A3: BUSINESS PERCEPTION SURVEY (Indices by selective sectors)

105 110 103 106 102 103 105 108 106 108

107 110 100 110 104 106 108 110 107 108

104 110 105 105 101 101 101 106 104 108

2003

107 110 106 105 105 109 103 109 105 110

107 100 105 108 102 110 107 110 106 110

107 110 106 101 108 108 101 107 105 110

2004

102 93 100 109 106 96 95 108 105 97

100 90 110 110 106 90 93 105 105 93

104 95 90 108 106 103 98 110 106 100

2005

101 90 103 110 99 98 97 105 104 94

100 100 110 110 96 101 97 106 103 93

101 90 100 110 101 97 98 105 104 94

2006

95 101 99 97 98 107 108 103

102

90 90 102 90 102 106 110 110

103

97 103 98 100 96 107 108 98

101

2007

94 93 90 94 96 91 93 94 98 92

92 90 90 90 94 90 92 90 95 90

97 95 90 98 98 93 94 97 103 97

2008

96 95 100 97 97 94 93 100 98 92

98 100 110 94 100 103 95 102 103 94

95 95 90 102 95 92 91 99 94 91

2009

102 107 110 99 101 109 98 102 103 99

106 110 110 110 105 107 108 106 110 99

98 105 110 92 97 110 91 98 97 99

2010

106 110 110 107 108 106 108 110 103 104

107 100 110 110 108 103 106 110 110 102

106 110 100 106 108 108 110 110 98 102

2011


8

Source: CBS.

a. Utilities b. Construction c. Trade d. Hotels and restaurants e. Transport, storage & communication f. Housing g. Public adm. & education

Total index

Period average

3.4 6.2 13.7 11.1 8.5 12.5 13.2

68.7

Share in GDP (in percent)

TABLE A4: PARTIAL ECONOMIC ACTIVITY INDEX

6.6 24.1 6.6 0.2 -1.0 3.8 6.1

5.9

1998

2000

2001

2002

2003

2004

2.3 26.4 -0.7 5.7 1.8 3.5 0.8

5.0 4.6 -30.2 1.9 2.9 8.4 3.3 4.8

-0.4 5.0 9.2 -9.1 -1.2 -4.3 3.4 7.5

0.6 1.0 -6.9 -3.7 -5.6 -1.4 2.8 -7.7

-3.4 1.9 13.7 -4.1 4.1 -2.2 2.5 0.3

1.6

0.7 -9.4 3.8 10.0 9.4 2.6 2.0

3.3

3.9 51.4 -4.5 1.6 -2.6 3.3 3.5

5.5

2005

(percentage changes compared to the corresponding period a year earlier)

1999

0.0 -3.4 -4.4 -2.5 -0.6 3.3 -2.8

-1.5

2006

2.6 -7.7 9.7 5.1 -0.6 2.7 -10.6

-0.1

2007

-3.9 -15.7 3.1 3.5 5.1 2.7 -11.6

-1.8

2008

-0.7 -20.1 -16.6 -1.3 0.7 2.6 4.5

-3.9

2009

-3.8 -14.4 4.5 3.0 2.3 1.8 -1.7

0.2

2010


9 97

134

142

81.1

62.4

139

70.3

61.7

198

130.0

Source: CBA; CBS; Aruba Tourism Authority; Cruise Tourism Authority; Tax Collector’s Office.

13. Contribution to current account

12. Number of cruise ship calls

86.1

57.5

208

133.2

55.9

320

216.6

55.6

352

251.1

56.0

345

257.1

74.8

71.6

208

7.2

4,473.1

71.5 68.5 76.6

233 217

7.4

4,713.7

58.0 11.7 5.6 3.8 4.7 4.0 12.2

640.8

1,098.1 1,130.0

1996

51.4

311

55.7

273

316.7

294.0

73.3

79.5

198

7.3

4,233.7

55.7 13.8 5.4 4.4 4.3 4.8 11.5

618.9

931.8

1995

11. Cruise visitors (x 1,000)

71.7

207

7.2

4,027.8

55.7 12.9 5.5 4.1 3.7 5.1 13.0

582.1

837.9

1994

16.0

69.7

204

7.2

3,902.3

16.1

56.1 15.1 5.7 3.9 3.0

562.0

835.4

1993

14.3

74.4

185

7.5

3,768.3

17.7

52.9 16.7 6.3 3.7 2.7

541.7

796.3

1992

10. Room tax receipts (in Afl. million)

76.8

185

7.8

3,380.0

19.6

52.6 14.9 7.0 3.7 2.2

501.3

695.3

1991

129 163 60

78.7

206

7.7

2,657.2

19.7

56.8 11.6 6.5 3.3 2.1

432.8

625.6

1990

9. Revenue per available room (Afl.) a. Hotel b. Time share

73.0

233

7.5

2,079.6

18.1

61.1 9.4 7.3 2.1 1.9

344.3

548.4

1989

228 238 185

70.9

7. Average hotel occupancy rate a. Hotel b. Time share

240

7.0

1,628.4

15.0

67.6 7.1 5.4 2.4 2.5

278.0

483.7

1988

8. Average daily hotel rate (Afl.) a. Hotel b. Time share

219

7.1

1,290.8

13.6

10.1

6. a. Receipt per visitor night (Afl.) b. Average daily expenditure (Afl.)

5. Average nights stayed

4. Visitors nights (x 1,000)

69.5 7.1 4.1 1.7 3.9

231.7

390.8

1987

73.0 7.9 3.4 1.4 4.1

181.2

2. Stay-over visitors (x 1,000)

3. Market shares (in percentage) a. U.S.A. b. Venezuela c. The Netherlands d. Canada e. Colombia f. Brazil g. Other countries

283.0

1. a. Tourism receipts (in Afl. million) b. Tourism expenditures (in Afl. million)

1986

TABLE A5: INDICATORS OF TOURISM ACTIVITY

55.3

270

297.7

16.5

118 147 56

205 205 205

73.4 71.5 77.5

247 205

7.5

4,834.8

56.3 13.6 5.1 3.9 5.2 3.3 12.8

646.0

1,196.3 1,148.6

1997

57.4

255

257.8

17.2

127 161 56

208 208 214

77.6 77.6 77.3

267 189

7.6

4,889.7

58.2 15.3 4.8 3.8 4.7 2.5 10.7

647.4

1,306.5 1,112.4

1998


10 77.0 79.7 72.7 217 219 205 124 175 49 18.6

7. Average hotel occupancy rate a. Hotel b. Time share

8. Average daily hotel rate (Afl.) a. Hotel b. Time share

9. Revenue per available room (Afl.) a. Hotel b. Time share

10. Room tax receipts (in Afl. million)

60.2

13. Contribution to current account

67.1

331

490.0

22.5

128 178 42

230 234 206

75.9 76.0 75.7

275 205

7.3

5,247.8

63.5 15.5 4.2 2.9 4.3 0.5 9.0

721.2

1,445.1 1,319.3

2000

68.7

298

487.3

25.8

135 188 39

243 249 207

75.6 75.6 74.0

284 211

7.4

5,144.6

64.9 15.8 4.1 2.7 3.5 0.4 8.6

691.4

1,460.3 1,323.3

2001

71.5

337

582.2

24.1

124 177 32

248 251 217

71.7 70.5 73.4

304 207

7.6

4,862.5

67.9 12.7 4.4 2.7 3.6 0.4 8.3

642.6

1,480.7 1,170.8

2002

72.0

315

542.3

25.6

124 180 29

240 243 210

74.4 74.2 74.9

298 186

7.9

5,097.6

72.4 8.5 5.7 2.7 1.8 0.4 8.6

641.9

1,521.8 1,159.0

2003

Source: CBA; CBS; Aruba Tourism Authority; Cruise Tourism Authority; Tax Collector’s Office.

230

12. Number of cruise ship calls

289.1

251 197

6. a. Receipt per visitor night (Afl.) b. Average daily expenditure (Afl.)

11. Cruise visitors (x 1,000)

7.5

5. Average nights stayed

5,143.3

61.8 15.2 4.7 3.0 4.3 0.8 10.2

3. Market shares (in percentage) a. U.S.A. b. Venezuela c. The Netherlands d. Canada e. Colombia f. Brazil g. Other countries

4. Visitors nights (x 1,000)

683.3

1,290.1 1,184.3

2. Stay-over visitors (x 1,000)

1. a. Tourism receipts (in Afl. million) b. Tourism expenditures (in Afl. million)

1999

TABLE A5: INDICATORS OF TOURISM ACTIVITY (continued)

76.0

318

576.3

30.5

151 218 30

266 260 246

80.7 83.9 75.4

334 207

7.7

5,639.9

73.5 8.1 5.2 2.8 1.5 0.7 8.2

728.2

1,884.6 1,454.2

2004

75.1

311

552.8

33.1

170 269 33

317 320 282

81.7 83.9 78.3

344 214

7.8

5,694.5

73.1 8.2 5.3 2.9 1.3 0.8 8.4

732.5

1,959.5 1,467.7

2005

70.2

314

591.5

33.0

147 245 30

317 328 238

76.8 74.3 79.5

352 197

7.9

5,470.5

71.5 8.2 5.3 3.3 1.7 1.0 9.1

694.4

1,896.3 1,283.7

2006

71.5

315

481.8

33.1

151 243 32

322 326 288

77.3 74.5 80.0

368 175

7.6

5,879.9

67.8 11.9 4.9 3.3 1.7 1.0 9.4

772.1

2,162.4 1,317.2

2007

73.7

299

556.1

36.0

145 246 31

327 336 262

76.6 73.2 80.3

385 173

7.6

6,264.7

65.3 13.6 5.0 3.9 1.6 1.1 9.6

826.8

2,410.2 1,536.0

2008

70.0

327

606.8

33.9

133 231 30

313 321 263

74.7 72.0 77.3

353 184

7.6

6,172.9

65.0 12.9 5.1 4.2 1.9 1.3 9.6

812.6

2,176.5 1,443.5

2009

70.3

314

569.4

43.8

144 238 34

321 323 305

76.8 73.7 80.6

344 169

7.8

6,466.2

65.0 11.0 4.9 4.6 1.8 2.5 10.3

824.7

2,222.7 1,470.1

2010

70.1

332

599.9

58.7

61.0 13.6 4.7 4.7 2.0 2.6 11.6

871.3

2,413.5

2011


11

1,290,826 1,628,364 2,079,597 2,657,172 3,379,993 3,768,334 3,902,293 4,027,754 4,233,740 4,473,072 4,713,726 4,834,838 4,889,718 5,143,302 5,247,824 5,144,594 4,862,548 5,097,571 5,639,869 5,694,501 5,470,542 5,879,888 6,264,689 6,172,913 6,466,217

(1)

(2)

181,211 231,650 277,973 344,336 432,762 501,324 541,714 562,034 582,136 618,916 640,834 645,983 647,437 683,323 721,224 691,419 642,627 641,906 728,157 732,514 694,372 772,073 826,774 812,623 824,702 871,316

Total visitors

(3)

134,915 165,022 194,659 217,790 260,300 282,038 306,706 337,476 347,931 372,054 396,091 388,895 401,547 442,833 478,726 467,418 454,261 481,684 555,693 556,798 518,721 549,066 572,016 562,079 573,475 572,021

North America

(4)

132,359 161,056 187,930 210,541 245,916 263,449 286,536 315,332 324,337 344,885 371,523 363,791 377,108 422,186 458,132 448,492 436,660 464,466 535,133 535,448 496,131 523,393 539,520 528,223 535,813 531,463

Of which U.S.A.

Visitors by origin

(5)

30,487 34,028 38,066 54,922 88,648 122,820 142,456 137,501 147,258 159,204 150,527 163,288 162,308 155,171 162,474 150,659 117,568 77,219 84,455 87,169 87,291 125,681 149,884 148,825 146,131 185,054

Latin America

14,363 16,536 19,694 32,293 50,407 74,708 90,316 84,732 75,205 85,640 74,822 87,634 99,128 103,601 112,018 109,337 81,665 54,554 59,218 59,928 57,105 92,157 112,034 105,063 90,850 118,305

(6)

Of which Venezuela

(7)

9,292 14,508 24,440 37,039 40,695 54,478 52,755 52,394 51,509 51,440 54,793 57,745 49,042 49,326 47,063 44,961 43,980 54,711 60,428 63,181 61,993 67,353 73,144 75,000 76,131 81,526

Europe

(8)

6,184 9,424 14,999 25,297 28,019 35,308 34,233 32,457 32,241 33,275 36,196 32,666 30,959 32,014 30,575 28,457 27,992 36,415 38,122 38,667 37,130 37,844 41,439 41,211 40,299 40,584

Of which Netherlands

Other

6,517 18,024 20,808 34,585 43,119 41,988 39,797 34,663 35,438 36,218 39,423 36,055 34,540 35,993 32,961 28,381 26,818 28,292 27,581 25,366 26,367 29,973 31,730 26,719 28,965 32,715

(9)

0.36 0.35 0.37 0.41 0.43 0.45 0.48 0.54 0.55 0.55 0.52 0.45 0.45 0.45 0.44 0.40

Diversification Index 1)

7.1 7.0 7.5 7.7 7.8 7.5 7.2 7.2 7.3 7.2 7.4 7.5 7.6 7.5 7.3 7.4 7.6 7.9 7.7 7.8 7.9 7.6 7.6 7.6 7.8

(10)

Average nights stayed

70.9 73.0 78.7 76.8 74.4 69.7 71.7 79.5 74.8 71.6 71.5 73.4 77.6 77.0 75.9 75.6 71.7 74.4 80.7 81.7 76.8 77.3 76.6 74.7 76.8

(11)

Average hotel occupancy rate

73,338 86,050 81,111 70,310 129,969 133,195 216,587 251,104 257,138 293,956 316,749 297,650 257,755 289,052 490,005 487,296 582,195 542,327 576,320 552,819 591,474 481,775 556,090 606,768 569,424 599,893

(12)

Number of passengers

Ship calls

Cruise tourism

97 134 142 139 198 208 320 352 345 311 273 270 255 230 331 298 337 315 318 311 314 315 299 327 314 332

(13)

Source: Aruba Tourism Authority; CBS; Aruba Hotel and Tourism Association; Cruise Tourism Authority.

1) The Diversification Index measures the concentration within the tourist market, and thus demonstrates the degree of diversification by tourist origin countries. The higher the index, the higher the level of concentration, meaning less diversification. For further reference on the methodology (which is an application of a Herfindahl-Hirschman index) see the Quarterly Bulletin (2011-I) of the CBA.

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Period

Total visitor nights

TABLE A6: TOURISM


12

(1)

-5.3 26.1 27.7 27.8 27.2 11.5 3.6 3.2 5.1 5.7 5.4 2.6 1.1 5.2 2.0 -2.0 -5.5 4.8 10.6 1.0 -3.9 7.5 6.5 -1.5 4.8

Period

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Total visitor nights (2)

-12.4 27.8 20.0 23.9 25.7 15.8 8.1 3.8 3.6 6.3 3.5 0.8 0.2 5.5 5.5 -4.1 -7.1 -0.1 13.4 0.6 -5.2 11.2 7.1 -1.7 1.5 5.7

Total visitors

-12.4 22.3 18.0 11.9 19.5 8.4 8.7 10.0 3.1 6.9 6.5 -1.8 3.3 10.3 8.1 -2.4 -2.8 6.0 15.4 0.2 -6.8 5.8 4.2 -1.7 2.0 -0.3

(3)

North America

-13.0 21.7 16.7 12.0 16.8 7.1 8.8 10.0 2.9 6.3 7.7 -2.1 3.7 12.0 8.5 -2.1 -2.6 6.4 15.2 0.1 -7.3 5.5 3.1 -2.1 1.4 -0.8

(4)

Of which U.S.A.

TABLE A7: GROWTH IN STAY-OVER TOURISM (Percentage changes)

-19.2 11.6 11.9 44.3 61.4 38.5 16.0 -3.5 7.1 8.1 -5.5 8.5 -0.6 -4.4 4.7 -7.3 -22.0 -34.3 9.4 3.2 0.1 44.0 19.3 -0.7 -1.8 26.6

(5)

Latin America

-33.5 15.1 19.1 64.0 56.1 48.2 20.9 -6.2 -11.2 13.9 -12.6 17.1 13.1 4.5 8.1 -2.4 -25.3 -33.2 8.5 1.2 -4.7 61.4 21.6 -6.2 -13.5 30.2

(6)

(7)

18.2 56.1 68.5 51.6 9.9 33.9 -3.2 -0.7 -1.7 -0.1 6.5 5.4 -15.1 0.6 -4.6 -4.5 -2.2 24.4 10.4 4.6 -1.9 8.6 8.6 2.5 1.5 7.1

Of which Europe Venezuela

24.4 52.4 59.2 68.7 10.8 26.0 -3.0 -5.2 -0.7 3.2 8.8 -9.8 -5.2 3.4 -4.5 -6.9 -1.6 30.1 4.7 1.4 -4.0 1.9 9.5 -0.6 -2.2 0.7

(8)

Of which Netherlands

Other

-7.6 176.6 15.4 66.2 24.7 -2.6 -5.2 -12.9 2.2 2.2 8.8 -8.5 -4.2 4.2 -8.4 -13.9 -5.5 5.5 -2.5 -8.0 3.9 13.7 5.9 -15.8 8.4 12.9

(9)


13 3.7 3.8 -0.6

1.9 1.3 0.2 93.3

Real exchange rate index (1995=100) 1)

93.2

92.4

4.1 2.6 0.8

3.1

7.3 10.8 4.3 0.3 4.6 1.7 -1.1 3.0 2.3

3.1

1988

91.5

4.8 3.9 1.1

4.0

8.1 5.6 7.5 0.7 4.0 1.9 0.9 3.4 2.5

4.0

1989

Source: CBA; CBS Aruba; CBS Netherlands; CBS Netherlands Antilles; Bureau of Labor Statistics.

December 1984 = 100 August 1994 = 100 September 2000 = 100

1) Relative to the U.S.A. Based on CPI 12-month averages.

3.6

1.1

Aruba Aruba (excl. energy-related components) U.S.A. Curacao The Netherlands

6.8 15.8 0.2 0.6 -1.2 1.8 6.8 0.6 1.5

3.1 1.8 1.4 -0.4 -0.2 0.3 1.9 -2.1 0.6

a. Food b. Beverage & tobacco c. Clothing & footwear d. Housing e. Housekeeping & furnishing f. Health g. Transport & communication h. Recreation & education i. Other

3.6

1987

1.1

1986

Total index

TABLE A8: CONSUMER PRICE INDEX (Percentage changes/period average)

92.1

5.4 3.7 2.5

5.8

8.5 6.5 8.4 4.2 4.9 1.4 4.4 5.9 3.9

5.8

1990

93.2

4.2 4.0 4.0

5.6

5.3 7.3 9.9 5.7 4.5 3.2 5.5 5.0 3.5

5.6

1991

93.9

3.0 1.4 3.2

3.9

3.1 4.2 7.5 5.8 5.5 4.6 0.5 3.9 3.4

3.9

1992

96.0

3.0 2.0 2.6

5.2

4.3 3.3 10.2 9.1 5.5 2.1 1.1 2.6 5.0

5.2

1993

99.4

2.6 1.8 2.8

6.3

5.6 7.3 11.8 7.7 6.6 1.8 3.6 5.5 5.5

6.3

1994

100.0

2.8 2.8 1.9

3.4

4.2 3.3 6.5 2.9 4.3 3.1 1.3 4.2 1.9

3.4

1995

100.3

3.2 2.9 2.9 3.6 2.2

4.0 2.7 6.4 1.5 3.7 6.6 1.8 4.3 1.8

3.2

1996


14

3.1 1.9 4.9 5.0 1.8 2.1 1.6 2.5 2.1 3.0 2.5 2.3 3.3 2.2 100.9

a. Food b. Beverage & tobacco c. Clothing & footwear d. Housing e. Housekeeping & furnishing f. Health g. Transport & communication h. Recreation & education i. Other

Aruba Aruba (excl. energy-related components) U.S.A. Curacao The Netherlands

Real exchange rate index (1995=100) 1)

101.2

1.9 2.2 1.6 1.1 2.0

2.0 1.5 6.3 0.8 2.6 0.5 -0.1 2.1 1.5

1.9

1998

101.3

2.3 2.1 2.2 0.4 2.2

2.1 1.3 5.5 2.0 3.1 0.3 0.6 2.7 1.7

2.3

1999

102.0

4.0 2.7 3.4 5.8 2.5

1.8 1.5 5.6 8.1 3.5 0.4 3.1 3.9 3.0

4.0

2000

Source: CBA; CBS Aruba; CBS Netherlands; CBS Netherlands Antilles; Bureau of Labor Statistics.

December 1984 = 100 August 1994 = 100 September 2000 = 100

1) Relative to the U.S.A. Based on CPI 12-month averages.

3.0

1997

Total index

TABLE A8: CONSUMER PRICE INDEX (Percentage changes/period average) (continued)

102.0

2.9 3.0 2.8 1.8 4.2

3.3 -0.2 8.9 2.3 4.1 0.1 0.3 2.0 2.8

2.9

2001

103.8

3.3 3.0 1.6 0.4 3.3

3.3 2.4 6.8 4.1 4.0 0.0 0.8 2.7 2.5

3.3

2002

105.2

3.7 2.2 2.3 1.6 2.1

3.1 4.4 4.5 5.7 2.7 0.0 2.8 2.4 2.6

3.7

2003

105.0

2.5 2.0 2.7 1.4 1.2

3.9 0.6 3.8 2.1 2.0 0.0 2.4 2.5 1.5

2.5

2004

105.0

3.4 1.7 3.4 4.1 1.7

3.8 1.4 0.7 6.8 1.8 0.0 2.8 2.4 2.1

3.4

2005

105.4

3.6 1.9 3.2 3.1 1.2

4.6 3.1 1.4 7.9 1.4 0.0 1.2 2.5 2.3

3.6

2006

108.7

6.0 5.0 2.9 3.0 1.6

10.9 15.4 3.7 5.0 5.2 -0.1 5.2 5.6 4.9

6.0

2007

113.0

8.0 5.1 3.8 6.9 2.5

9.7 3.5 5.6 12.7 3.3 0.3 7.4 5.9 5.2

8.0

2008


15

5.2 0.9 1.2 7.4 1.5 0.0 1.7 0.0 3.1 3.6 3.0 2.1 3.6 1.9 1.4 3.2 3.1 1.2 105.4

a. Food and non-alcoholic beverages b. Alcoholic beverages and tobacco c. Clothing and footwear d. Housing e. Household operation f. Health g. Transport h. Communications i. Recreation and culture j. Education k. Restaurants and hotels l. Miscellaneous goods and services Aruba Aruba (excl. energy-related components) Aruba (excl. energy- & food-related United States Curacao The Netherlands Real exchange rate index (1995=100) 1)

108.0

5.4 4.2 3.0 2.9 3.0 1.6

13.7 11.2 4.4 5.5 4.6 -2.7 7.1 2.3 8.7 6.0 6.4 -0.2

5.4

2007

113.4

9.0 4.7 3.3 3.8 6.9 2.5

11.2 3.5 7.1 13.8 3.7 13.1 11.3 -0.3 4.4 8.0 2.3 3.5

9.0

2008

111.3

-2.1 2.3 1.8 -0.4 1.8 1.2

4.6 4.6 0.2 -8.2 2.6 2.0 -6.5 -0.9 2.4 -4.4 7.3 2.8

-2.1

2009

Source: CBA; CBS Aruba; CBS Netherlands; CBS Netherlands Antilles; Bureau of Labor Statistics.

December 2006 = 100

1) Relative to the U.S.A. Based on CPI 12-month averages.

3.6

2006

Total index

TABLE A8: CONSUMER PRICE INDEX (Percentage changes/period average) (continued)

111.8

2.1 -0.6 -0.3 1.6 2.8 1.3

-2.3 -1.0 -5.3 9.4 -1.2 -0.7 1.9 0.7 -0.4 1.1 -0.2 -0.7

2.1

2010

113.1

4.4 1.7 1.2 3.2 2.3 2.3

4.4 10.7 -1.5 7.2 -0.3 -0.9 7.5 3.1 2.2 3.5 1.7 0.5

4.4

2011


16

Source: CBS.

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

End of period

Weights (December 1984) Weights (August 1994) Weights (September 2000)

Total index

105.5 109.2 113.5 118.4 126.8 131.5 137.4 146.2 100.8 103.9 107.1 110.1 111.7 115.8 100.8 103.4 107.7 110.1 113.2 117.5 120.4 132.7 131.3

(1)

10,000 10,000 10,000

TABLE A9: CONSUMER PRICE INDICES

Food

106.2 111.9 122.2 131.1 141.9 146.4 153.4 160.1 101.0 105.4 109.6 111.8 114.2 116.3 100.8 104.9 107.3 111.2 115.4 120.1 128.3 140.9 158.3

(2)

2,449 1,625 1,469

105.6 124.8 137.8 145.8 154.9 166.2 170.5 180.4 100.2 104.1 105.2 108.0 108.5 111.3 100.0 100.4 106.4 106.8 107.7 109.1 120.1 131.1 135.7

(3)

291 254 219

Beverage & tobacco

102.7 104.3 112.7 120.1 129.7 144.0 152.1 175.1 102.2 107.9 115.5 120.6 129.6 134.0 101.5 111.5 116.4 122.2 125.5 125.4 126.6 137.5 137.0

(4)

836 1,134 1,086

Clothing & footwear

111.7 113.0 113.7 115.3 122.6 128.3 137.1 151.1 100.7 102.7 104.2 110.6 109.0 118.0 101.1 102.5 110.2 111.7 114.9 127.5 128.3 148.9 133.3

(5)

1,837 1,786 2,296

Housing

100.9 101.3 105.1 109.1 116.2 119.6 128.4 135.1 101.0 105.3 108.6 110.4 113.1 117.7 101.4 106.5 109.5 111.9 114.1 115.6 117.9 124.0 127.1

(6)

914 1,039 1,002

Housekeeping & furnishing

Health

101.4 103.4 106.1 106.6 109.0 113.4 117.5 120.1 100.4 105.7 111.5 112.1 112.7 113.1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 99.9 100.3

(7)

292 307 88

107.0 112.5 110.6 113.7 124.5 123.6 124.1 128.0 100.2 101.3 103.0 104.1 103.3 105.9 100.1 98.2 101.5 103.3 106.8 106.8 109.9 119.9 115.8

(8)

1,738 2,072 1,967

Transport & communication

96.1 98.0 101.4 107.6 111.4 117.6 121.4 125.0 100.5 104.7 108.3 110.9 112.6 117.1 100.5 102.5 105.3 107.0 109.7 112.9 114.7 124.7 125.4

(9)

501 808 799

Recreation & education

Other

102.4 104.9 107.5 110.6 115.1 118.6 123.5 131.1 100.4 102.0 104.0 106.1 107.3 109.9 100.8 103.1 106.2 107.9 109.6 112.2 114.2 122.7 123.1

(10)

1,142 975 1,074


17

Source: CBS.

2006 2007 2008 2009 2010 2011

End of period

Weights (December 2006)

Total index

100.0 109.9 107.9 115.2 114.4 121.4

(1)

10,000

TABLE A9: CONSUMER PRICE INDICES (continued)

107.9 120.6 135.9 133.5 133.6 141.8

(2)

1,125

96.0 105.5 109.4 112.6 111.9 124.4

(3)

82

Food & Alcoholic non-alcoholic beverages & beverages tobacco products

105.7 117.1 116.5 119.6 110.4 108.8

(4)

626

105.4 124.5 107.8 127.4 130.0 145.6

(5)

2,553

Clothing & Housing footwear

96.9 100.9 104.7 108.1 105.7 103.3

(6)

741

Household operation

Health

83.1 78.5 92.2 92.9 92.2 91.2

(7)

236

94.5 106.7 102.4 109.6 107.4 115.9

(8)

1,815

Transport

81.9 83.5 82.9 83.4 83.8 86.9

(9)

706

98.3 107.2 110.1 114.4 112.5 115.2

(10)

891

100.0 110.2 109.1 109.5 111.7 116.1

(11)

83

100.9 106.2 114.4 119.1 116.5 120.5

(12)

374

Communi- Recreation & Education Restaurants & cation culture hotels

94.3 95.7 97.7 100.3 98.8 100.1

(13)

767

Miscellaneous goods & services


18

105.5 109.2 113.5 118.4 126.8 131.5 137.4 146.2 100.8 103.9 107.1 110.1 111.7 115.8 100.8 103.4 107.7 110.1 113.2 117.5 100.0 109.9 107.9 115.2 114.4 121.4

All groups index

December 1984 = 100 August 1994 = 100 September 2000 = 100 December 2006 = 100

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

End of period

0.3 0.2 0.2 0.7 0.4 0.2 0.4 0.6 0.3 0.2 0.3 0.3 0.1 0.3 0.3 0.4 0.0 0.2 -0.6 -0.5 0.1 1.6 -4.5 0.2 0.0 -0.1

Over previous month

0.5 0.4 0.8 1.6 2.2 0.7 1.3 1.7 0.5 0.8 0.8 0.9 0.5 1.3 0.8 0.8 0.9 0.3 0.4 0.5 -1.1 3.5 -9.7 0.2 -0.1 -0.5

Over 3 months earlier

Percentage change

1.8 3.5 3.9 4.3 7.1 3.7 4.5 6.4 4.7 3.1 3.1 2.8 1.5 3.7 3.5 2.5 4.2 2.3 2.8 3.8 2.5 9.9 -1.9 6.8 -0.7 6.1

Over a year earlier

TABLE A10: PERCENTAGE PRICE CHANGES

1.1 3.6 3.1 4.0 5.8 5.6 3.9 5.2 6.3 3.4 3.2 3.0 1.9 2.3 4.0 2.9 3.3 3.7 2.5 3.4 3.6 5.4 9.0 -2.1 2.1 4.4

Last 12 months over previous 12 months


19 3,231

2,728

Source: Department of Public Works; Department of Technical Inspection; CBS.

4. Number of electrical installations approved a. Houses b. Apartments c. Enterprises d. Others

36,073.0 3,084 985 250 148 1,701

40,333

32,403.0

1,530 986 42 18 28 456

1997

3. Total cement imported (x 1,000 Kg)

1,314.0 1,183.0 32.0 11.0 5.0 83.0

1996

309.9 106.1 6.1 7.4 125.1 65.2

2.3 6.0 9.2

26.3 8.8

1995

2. Total value of construction permits (in Afl. million) a. Houses b. Apartments c. Office buildings d. Stores and shopping malls e. Others

1. Number of construction permits granted a. Houses b. Apartments c. Office buildings d. Stores and shopping malls e. Others

TABLE A11: CONSTRUCTION ACTIVITIES

2,989 886 220 151 1,732

42,259

177.8 112.2 11.0 3.3 12.2 39.2

1,544 1,099 39 8 17 381

1998

2,483 825 132 135 1,391

55,626

168.4 104.5 13.8 9.6 9.0 31.5

1,693 1,182 24 16 15 456

1999

3,034 970 189 112 1,763

41,879

184.8 91.6 16.1 7.3 26.6 43.3

1,371 871 35 16 18 431

2000

2,873 722 197 175 1,779

35,277

211.8 78.6 4.5 11.6 33.7 83.3

1,243 749 22 12 24 435

2001

2,628 667 206 151 1,604

47,643

229.4 79.7 18.1 15.4 15.2 101.1

1,185 852 42 10 25 256

2002

3,021 735 257 267 1,762

64,497

243.9 92.6 6.9 4.4 16.1 123.9

1,269 774 22 12 29 432

2003

2,541 721 264 372 1,184

59,675

207.1 97.0 23.5 15.9 25.4 45.3

1,474 1,034 17 16 25 382

2004

2,763 857 258 296 1,352

88,719

283.2 113.7 5.0 10.1 17.4 137.0

1,584 1,092 25 15 25 427

2005

2,463 686 204 252 1,321

78,413

525.7 108.6 13.8 39.2 78.2 286.0

1,303 782 30 22 34 435

2006

2,138 560 259 291 1,028

78,582

447.6 115.3 12.4 40.9 64.4 214.5

1,151 674 28 25 29 395

2007

2,272 583 277 292 1,120

67,040

670.5 105.3 62.7 11.3 29.5 461.7

962 525 39 13 16 369

2008

2,021 467 199 231 1,124

49,746

343.2 93.6 13.2 8.1 10.2 218.1

857 499 33 9 11 305

2009

1,506 380 174 152 800

35,649

488.8 116.8 21.8 17.0 59.5 273.7

899 506 29 10 23 331

2010

1,524 359 286 176 703

49,301

299.9 86.2 34.3 21.4 22.9 135.0

786 376 36 9 11 354

2011


20 104.9

Source: WEB Aruba N.V.; N.V. ELMAR; Arugas N.V.

100.0

15,152 8.5 6,809 8,343

3. Gas a. Quantity (x 1,000 pounds) b. Value (in Afl. mln) c. Households d. Commercial users

4. Utilities index

33,337 28,708

32,141 27,528

13,972 7.9 6,120 7,852

551,849

9,587 53.1 27,180

1997

524,642

9,182 47.4 26,326

1996

2. Electricity a. Quantity (x 1,000 KWH) b. Value (in Afl. mln) c. Connections d. Number of users

1. Water a. Quantity (x 1,000 m3) b. Value (in Afl. mln.) c. Connected premises

TABLE A12: UTILITIES

112.9

15,633 8.8 6,958 8,675

34,416 29,861

600,767

10,280 54.6 28,283

1998

115.2

21,241 12.0 9,448 11,794

35,496 30,971

614,931

10,406 54.2 29,211

1999

121.0

17,162 9.8 7,354 9,808

36,448 32,062

644,348

11,029 65.2 30,225

2000

126.1

17,629 10.2 7,206 10,422

37,404 33,147

673,611

11,353 65.6 31,218

2001

129.3

17,795 10.4 7,337 10,458

692,813 164.6 36,448 32,062

11,374 66.3 31,952

2002

131.6

18,221 10.9 7,342 10,879

701,577 181.4 39,004 34,802

11,718 74.6 32,786

2003

134.8

18,898 11.4 7,393 11,505

729,790 190.4 39,806 35,733

11,438 72.9 33,626

2004

138.9

19,133 11.8 7,416 11,717

759,336 228.2 40,765 36,737

11,399 82.9 34,905

2005

139.4

19,275 12.6 7,387 11,888

761,362 262.8 41,502 37,630

11,474 95.9 35,989

2006

142.9

19,979 15.0 7,355 12,624

781,073 279.3 42,419 38,495

11,750 102.3 36,824

2007

140.1

20,486 18.3 7,496 12,990

764,291 344.1 43,062 39,207

11,445 122.9 37,992

2008

141.1

20,511 20.5 7,654 12,857

773,909 283.4 43,635 39,743

11,383 103.3 38,857

2009

142.6

20,399 20.2 7,342 13,057

789,581 339.1 43,975 40,238

11,047 114.3 39,424

2010

139.2

20,885 22.8 7,493 13,392

771,841 370.6 44,561 40,837

10,465 117.1 40,162

2011


21 1,318.3 816.7 153.0 48.1 40.8 26.6 12.5 18.9 33.6 168.2

51.7 13.4 7.0 7.5 10.2 11.0 2.6 1,363.1 824.8 172.2 45.0 40.8 26.0 14.1 18.9 35.4 185.9

62.1 25.2 4.9 6.5 9.3 12.6 3.6

2002

1,417.9 836.5 180.6 46.5 45.5 31.5 17.9 21.4 38.3 199.8

35.9 13.0 0.9 6.6 7.0 2.6 5.7

2003

1,474.4 866.9 204.7 44.3 50.2 40.8 26.1 22.4 36.7 182.3

40.2 14.4 1.7 6.9 8.1 3.7 5.4

2004

1,700.8 1,027.7 198.9 47.3 47.5 41.9 33.0 28.8 36.0 239.7

36.1 13.7 1.7 6.7 9.2 1.8 2.9

2005

1,736.7 1,008.8 207.2 58.3 45.7 45.2 36.1 25.8 43.2 266.5

46.4 20.3 1.2 9.1 8.3 2.7 4.8

2006

1,874.9 1,088.9 239.2 55.6 42.4 54.2 35.8 35.9 34.2 288.7

55.7 19.4 0.9 13.7 8.9 3.2 9.5

2007

1,891.2 1,088.4 239.1 44.5 31.3 54.7 39.0 41.5 42.9 309.7

54.7 22.3 0.6 9.2 9.9 3.6 9.0

2008

2,348.0 967.4 308.8 44.1 27.5 58.8 28.9 33.8 28.9 849.8

52.2 14.5 0.9 11.0 11.8 2.3 11.7

2009

1,798.5 953.8 215.0 87.2 23.2 58.3 26.6 31.6 26.8 376.1

41.9 13.4 0.5 8.9 9.5 0.7 8.8

2010

1,952.2 1,070.8 250.5 52.6 22.7 63.4 25.4 34.4 24.3 408.1

54.9 18.0 0.8 10.7 11.8 1.7 11.9

2011

Source: CBS.

33.3 162.2

27.1 148.9

35.9 171.8

-944.4 -1,013.5 -1,057.5 -1,167.9 -1,348.5 -1,242.7 -1,266.6 -1,301.0 -1,381.9 -1,434.2 -1,664.7 -1,690.3 -1,819.2 -1,836.5 -2,295.8 -1,756.6 -1,897.3

1,291.0 784.7 161.2 51.0 47.2 26.7 9.3 16.3 39.9 154.6

48.3 14.5 12.5 6.1 5.2 6.2 3.8

2001

3. Trade balance

1,400.8 926.2 155.6 39.8 42.0 19.0 10.6

52.3 24.0 10.6 6.3 4.4 3.8 3.2

2000

30.0 137.9

1,219.4 808.6 128.9 36.6 41.7 20.1 7.5

51.5 17.8 11.3 6.7 5.6 5.1 5.0

1999

26.5 127.4

1,100.7 654.0 137.1 46.2 40.1 23.2 4.4

43.2 15.2 4.9 10.1 5.7 2.6 4.7

1998

1,035.8 612.9 139.2 47.3 41.4 20.9 6.2

22.3 5.5 2.1 4.9 2.6 0.9 6.4

1997

970.7 569.5 137.6 45.2 35.6 21.6 7.3

26.3 5.6 6.3 4.6 5.9 1.4 2.5

1996

2. Import of goods (c.i.f.) a. United States b. The Netherlands c. The Netherlands Antilles d. Venezuela e. Panama f. Brazil g. Colombia h. Japan i. Other countries

1. Export of goods (f.o.b.) a. United States b. Colombia c. The Netherlands d. The Netherlands Antilles e. Venezuela f. Other countries

1995

TABLE A13: MERCHANDISE FOREIGN TRADE BY COUNTRY


22 1,219.4 97.6 137.3 129.2 114.6 195.2 95.5 450.0

51.5 16.1 3.4 9.9 6.5 15.5 1,400.8 90.7 137.7 137.9 154.4 287.0 109.2 483.9

52.3 13.9 4.0 7.1 5.4 21.9

1999

1,291.0 99.4 139.8 162.7 91.0 189.2 117.4 491.6

48.3 18.4 2.2 8.2 4.0 15.4

2000

1,318.3 100.8 144.8 158.2 107.8 233.3 102.9 470.7

51.7 17.8 3.0 9.5 4.0 17.4

2001

1,363.1 90.7 146.4 164.6 103.7 250.0 118.7 489.1

62.1 17.6 3.2 8.4 11.1 21.8

2002

1,417.9 86.3 155.8 146.5 122.0 266.6 120.0 520.7

35.9 2.4 3.0 7.8 6.7 16.0

2003

1,474.4 94.7 168.9 158.6 104.6 232.1 134.1 581.3

40.2 2.6 3.5 7.5 5.4 21.3

2004

1,700.8 98.5 176.2 163.1 169.8 313.7 146.1 633.4

36.1 1.6 3.2 7.1 4.8 19.5

2005

1,736.7 102.4 191.0 177.1 160.8 318.9 150.4 636.2

46.4 1.2 4.5 11.2 11.1 18.4

2006

1,874.9 109.7 202.0 184.3 156.2 320.7 125.9 776.1

55.7 1.1 5.1 9.8 7.9 31.7

2007

1,891.2 136.5 214.9 196.9 134.7 326.0 126.4 755.8

54.7 0.7 5.4 11.2 11.5 25.8

2008

2,348.0 120.9 213.1 200.3 103.2 407.1 101.8 1,201.7

52.2 0.8 7.5 10.1 9.0 25.0

2009

1,798.5 133.7 219.1 179.7 80.5 254.5 99.5 831.4

41.9 0.5 4.2 8.5 3.8 24.9

2010

1,952.2 149.1 223.3 206.6 124.3 379.8 121.9 747.3

54.9 0.7 5.5 8.7 5.7 34.3

2011

Source: CBS.

-944.4 -1,013.5 -1,057.5 -1,167.9 -1,348.5 -1,242.7 -1,266.6 -1,301.0 -1,381.9 -1,434.2 -1,664.7 -1,690.3 -1,819.2 -1,836.5 -2,295.8 -1,756.6 -1,897.3

1,100.7 82.0 128.7 125.1 86.4 153.9 100.2 424.4

43.2 5.8 5.1 6.2 3.0 22.9

1998

3. Trade balance

1,035.8 82.0 124.1 103.4 71.3 153.4 88.7 412.9

22.3 2.4 2.8 5.8 2.4 8.8

1997

970.7 80.2 117.6 82.9 56.9 143.8 80.0 409.3

26.3 8.9 2.3 6.0 2.6 6.5

1996

2. Import of goods (c.i.f.) a. Live animals and other animal products b. Food products c. Chemical products d. Base metals and derivated works e. Machinery and electrotechnical equipment f. Transport equipment g. Other goods

1. Export of goods (f.o.b.) a. Live animals and other animal products b. Transport equipment c. Art objects and collectors' items d. Machinery and electrotechnical equipment e. Other goods

1995

TABLE A14: MERCHANDISE FOREIGN TRADE BY PRODUCT CATEGORY


23 480

4. Number of employees (at end of period)

536

50,139

1,451

1,589

1993

519

58,618

1,495

1,866

1994

565

52,969

1,505

1,778

1995

* Figures for imports and exports have been revised for the period between 2004 - 2010. Source: Aruba's oil refining company.

39,956

1,243

1,404

1992

3. Quantity of oil refined (x 1,000 barrels)

2. Import of crude oil (in Afl. million)*

1. Export of refined oil (in Afl. million)*

TABLE A15: OIL REFINING

536

68,660

2,405

2,565

1996

534

65,507

1,862

2,272

1997

541

58,388

704

1,290

1998

520

73,713

2,092

2,192

1999

564

83,553

1,922

2,331

2000

597

64,327

2,030

2,882

2001

672

52,383

1,789

1,898

2002

662

63,155

2,670

3,120

2003

654

77,468

4,267

5,036

2004

696

78,236

5,910

7,602

2005

709

61,486

6,534

8,101

2006

695

65,525

7,234

8,500

2007

673

58,259

8,513

9,216

2008

649

35,767

2,504

3,123

2009

615

0

558

56

2010

611

52,906

8,405

8,284

2011


24

2011

2010

2009

2008

2007

Chart A4: Consumer price index (end of period)

140

120

100

80

60 2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

1987

1986

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

stay‐over

2006

2005

2004

2003

2002

2001

2000

In  percent

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

Chart A1: Tourism 

1,500,000

1,000,000

500,000

0

cruise

350 Chart A2: Ship calls 

300

250

200

85 Chart A3: Average hotel occupancy rate 

80

75

70

65

60


Chart A5: Inflation  Aruba and selected countries  (end of period) 15 In percent

10 5 0

Aruba

Curacao

2011

2010

2009

2008

2007

2006

‐5 USA

Netherlands

Chart A6: Number of construction permits granted 2,000 1,500 1,000

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

500

Chart A7: Number of electrical installations approved 3,500 3,000 2,500 2,000 1,500 2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1,000

Chart A8: Cement imports

80 60 40

25

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

20 1996

In Kg  thousand

100


nominal

26

real 2010 2011

2011

2009

2008

2007

2010

Chart A12: Gross domestic product (growth) 

2011

20 15 10 5 0 ‐5 ‐10 ‐15 2009

2008

2007

2006

2006

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

2005

22,000 20,000 18,000 16,000 14,000 12,000 10,000 2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

In pounds  thousand

Chart A11: Gas consumption 

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

In percent In KWH thousand 

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

In m3  thousand

Chart A9: Water consumption 

14,000

12,000

10,000

8,000

6,000

4,000

Chart A10: Electricity consumption 

1,000,000

800,000

600,000

400,000

200,000


Chart A13: Partial economic activity index (total index) percentage change

10 5 0

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

‐5

Chart A14: Utilities index 150 140 130 120 110 100 2011

2010

2009

2008

2007

2006

2005

Exports

Trade deficit

Japan Venezuela Imports

Colombia Netherlands Antilles

27

2011

2010

2009

2008

2007

2006

2005

2003

2002

2001

2000

Other countries Panama USA

2004

Chart A16: Import of goods by country

2,500 2,000 1,500 1,000 500 0

Brazil The Netherlands

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

Imports

In Afl. million

2004

2003

2002

2001

2000

1999

1998

1997

Chart A15: Merchandise trade

500 0 ‐500 ‐1,000 ‐1,500 ‐2,000 ‐2,500 1995

In Afl. million

1996

90


Chart A17: Export of goods by country

60 40 20

Other countries

Venezuela

Netherland Antilles

Colombia

USA

Exports

28

Netherland

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

0 2000

In Afl. million

80


B

Monetary and financial developments


31

(1)

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

End of period

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Government

0.4 0.6 0.5 5.5 6.4 6.8 9.0 10.6 11.4 14.7 18.1 13.9 13.1 14.2 13.4 18.6 29.8 31.2 28.9 23.4 21.2 19.6 21.9 25.0 20.8 20.4

(2)

Other

Domestic assets

0.4 0.6 0.5 5.5 6.4 6.8 9.0 10.6 11.4 14.7 18.1 13.9 13.1 14.2 13.4 18.6 29.8 31.2 28.9 23.4 21.2 19.6 21.9 25.0 20.8 20.4

(3)

Total domestic assets

10.0 10.0 10.0 47.4 47.4 47.4 45.9 45.9 45.9 47.1 50.1 50.1 41.0 41.0 41.0 55.0 68.2 83.1 87.1 102.0 126.4 166.4 172.0 219.9 280.9 313.7

(4)

Gold and claims in gold

(5)

14.8 11.4 46.6 32.7 37.6 32.7 49.4 54.5 35.0 33.3 19.7 35.5 35.3 45.5 31.4 60.7 40.3 33.1 40.6 24.5 120.0 169.5 249.0 72.6 43.9 55.0

Banks

Claims on

Foreign assets

33.6 24.5 9.1 0.0 0.0 9.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

(6)

Government

TABLE B1: CENTRALE BANK VAN ARUBA - DETAILED BALANCE SHEET

83.7 105.0 107.5 122.0 137.8 171.8 205.0 269.8 282.9 354.6 316.1 276.6 367.2 353.8 349.8 465.0 567.8 495.4 488.2 465.1 484.7 496.6 833.8 962.4 972.0 905.7

(7)

Other

(8)

142.1 150.9 173.3 202.1 222.8 261.4 300.2 370.1 363.8 434.9 385.9 362.2 443.5 440.3 422.2 580.8 676.3 611.5 615.9 591.6 731.1 832.4 1,254.8 1,254.9 1,296.8 1,274.3

Total foreign assets

(9)

142.5 151.5 173.7 207.6 229.1 268.2 309.2 380.7 375.2 449.6 404.1 376.1 456.5 454.5 435.6 599.3 706.1 642.7 644.8 615.0 752.3 852.1 1,276.7 1,279.9 1,317.6 1,294.7

Total assets


32

(10)

10.0 13.9 19.9 20.0 22.0 24.0 24.8 26.0 25.7 28.8 34.9 36.5 42.9 44.0 52.1 64.3 68.4 78.2 78.2 78.2 78.2 78.2 73.9 82.9 82.9 86.3

End of period

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Capital and reserves

(11)

36.6 40.0 46.8 58.6 70.8 79.6 83.4 88.0 94.7 104.5 110.2 115.8 121.3 133.3 137.1 141.8 147.4 149.1 145.5 162.7 180.1 202.7 212.2 200.7 197.8 204.0

Bank notes issued

Domestic liabilities

13.2 7.8 8.4 3.5 7.7 3.8 6.5 45.9 63.7 91.2 89.9 58.5 55.7 46.3 35.3 65.7 64.3 36.8 6.5 6.8 24.5 20.4 99.0 96.2 76.3 183.5

(12)

Government

17.5 3.7 7.7 10.3 5.5 12.0 17.2 12.7 8.0 8.7 2.6 9.8 9.8 9.4 22.6 31.3 47.9 30.5 41.7 0.2 2.5 41.7 84.6 104.9 7.9 32.8

(13)

Development funds

1.7 4.7 3.8 1.6 2.4 4.2 1.4 2.3 2.2 5.9 5.7 3.0 2.5 3.2 1.3 2.5 3.4 1.2 2.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0

(14)

Official entities

14.5 10.2 14.0 13.5 18.5 23.7 34.2 31.3 29.9 20.4 6.6 17.7 43.5 42.8 25.5 60.9 80.1 61.3 82.3 63.5 46.3 76.3 143.7 194.6 205.8 132.0

(15)

Demand

Time

Commercial banks deposits

TABLE B1: CENTRALE BANK VAN ARUBA - DETAILED BALANCE SHEET (continued)

43.2 51.5 62.1 50.2 53.1 68.1 100.0 120.8 98.1 127.8 102.8 76.2 132.8 140.3 118.5 156.5 195.1 193.7 196.0 191.0 262.0 257.5 463.2 474.4 558.2 434.9

(16)

0.0 6.6 1.1 0.9 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

(17)

Other fin.inst. deposits

0.2 1.6 3.3 0.9 2.1 10.5 1.4 1.3 2.2 9.6 1.7 2.7 6.0 5.4 2.7 19.4 8.4 2.7 1.6 13.3 15.3 1.6 4.3 1.4 1.1 1.2

(18)

Private sector

Other

5.2 10.9 5.7 8.0 5.9 4.6 4.3 5.7 6.8 14.0 12.9 13.9 11.5 7.7 9.7 15.8 26.3 24.1 23.6 17.3 20.4 26.7 29.8 19.7 21.8 11.8

(19)

142.1 151.0 172.8 167.5 189.2 230.6 273.2 334.0 331.2 410.9 367.3 334.0 426.1 432.4 404.8 558.1 641.2 577.6 578.1 532.8 629.3 705.1 1,110.6 1,174.9 1,151.8 1,086.5

(20)

Total domestic liabilities

0.3 0.5 0.9 2.4 2.5 0.1 1.0 12.5 13.7 1.1 1.1 2.5 1.7 0.1 2.3 2.6 8.5 2.6 1.5 3.0 17.2 4.4 7.5 3.1 1.2 0.8

(21)

Total foreign liabilities

0.0 0.0 0.0 37.6 37.4 37.5 35.0 34.3 30.3 37.6 35.6 39.7 28.8 22.0 28.5 38.7 56.5 62.5 65.2 79.2 105.9 142.6 158.6 101.9 164.6 207.4

(22)

142.5 151.5 173.7 207.6 229.1 268.2 309.2 380.7 375.2 449.6 404.1 376.1 456.5 454.5 435.6 599.3 706.1 642.7 644.8 615.0 752.3 852.1 1,276.7 1,279.9 1,317.6 1,294.7

(23)

Revaluation Total of gold, liabilities foreign exchange and security holdings


33

(1)

192 219 243 293 347 402 412 466 510 522 402 273 256 251 250 182 181 181 179 178 177 177 177 177 177 176

End of period

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

5

(2)

177 192 211 243 274 298 315 339 355 371 399 419 468 479 494 496 475 495 533 587 612 650 683 692 704 755

10

(3)

92 98 112 133 160 175 182 192 209 244 300 338 360 445 450 489 459 522 433 497 541 616 672 635 618 633

25

Denominations: number (x 1,000)

TABLE B2: BANK NOTES ISSUED

(4)

55 63 72 86 103 122 130 162 145 156 151 155 165 176 182 191 262 240 262 300 328 323 350 317 309 302

50

(5)

288 313 371 471 571 641 671 694 761 826 861 865 899 970 1,013 1,050 1,082 1,101 1,088 1,215 1,366 1,574 1,640 1,554 1,537 1,596

100

500

3 6 15 16 21 18 18 18 16 13 14 13 13 12 11 11 10

(6)

(7)

804 886 1,009 1,226 1,456 1,638 1,710 1,853 1,980 2,122 2,119 2,065 2,165 2,342 2,409 2,426 2,477 2,555 2,507 2,791 3,037 3,352 3,534 3,387 3,355 3,472

Total number of notes issued

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

End of period

5

1.0 1.1 1.2 1.5 1.7 2.0 2.1 2.3 2.6 2.6 2.0 1.4 1.3 1.3 1.3 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9

(1)

10

1.8 1.9 2.1 2.4 2.7 3.0 3.1 3.4 3.6 3.7 4.0 4.2 4.7 4.8 4.9 5.0 4.7 5.0 5.3 5.9 6.1 6.5 6.8 6.9 7.0 7.5

(2)

(3)

2.3 2.5 2.8 3.3 4.0 4.4 4.6 4.8 5.2 6.1 7.5 8.4 9.0 11.1 11.3 12.2 11.5 13.0 10.8 12.4 13.5 15.4 16.8 15.9 15.5 15.8

25

Denominations: value (Afl. million)

(4)

2.8 3.2 3.6 4.3 5.2 6.1 6.5 8.1 7.2 7.8 7.6 7.8 8.3 8.8 9.1 9.5 13.1 12.0 13.1 15.0 16.4 16.2 17.5 15.8 15.5 15.1

50

(5)

28.8 31.3 37.1 47.1 57.1 64.1 67.1 69.4 76.1 82.6 86.1 86.5 89.9 97.0 101.3 105.0 108.2 110.1 108.8 121.5 136.6 157.4 164.0 155.4 153.7 159.6

100

(6)

1.7 3.0 7.5 8.2 10.4 9.2 9.2 9.0 8.1 6.6 7.0 6.6 6.4 6.2 5.7 5.3 5.1

500

(7)

36.6 40.0 46.8 58.6 70.8 79.6 83.4 88.0 94.7 104.5 110.2 115.8 121.3 133.3 137.1 141.8 147.4 149.1 145.5 162.7 180.1 202.7 212.2 200.7 197.8 204.0

Total value of notes issued


34

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

End of period

740 1,179 1,722 2,251 2,968 3,616 4,281 4,913 5,588 6,368 7,120 7,781 8,693 9,509 10,387 11,925 12,494 13,365 14,099 14,949 15,926 17,080 18,109 19,080 19,957 21,108

(1)

718 1,070 1,603 2,179 2,832 3,673 4,311 5,015 5,741 6,486 7,194 7,877 8,821 9,822 10,573 11,584 12,109 12,902 13,674 14,532 15,217 16,389 17,678 18,825 19,822 20,925

(2)

756 1,010 1,260 1,773 2,306 2,880 3,266 3,727 4,168 4,643 5,108 5,513 6,074 6,589 6,929 7,677 7,986 8,411 8,869 9,452 9,929 10,681 11,350 11,946 12,576 13,286

(3)

50

(4)

381 492 637 811 1,040 1,358 1,627 1,968 2,282 2,576 2,803 2,949 3,254 3,493 3,768 4,047 4,236 4,491 4,653 4,931 5,180 5,476 5,877 6,187 6,559 6,928

(5)

552 803 1,199 1,484 1,959 2,330 2,546 2,900 3,210 3,528 3,686 4,081 4,382 4,759 5,084 5,311 5,626 5,863 6,203 6,592 6,944 7,306 7,671 7,909 8,269 8,675

1

25

5

10

Florin

Cents

Denominations: number (x 1,000)

TABLE B3: COINS ISSUED

2½

(7)

28 296 512 576 617 670 690 739 798 820 1,291 1,423 1,512 1,572 1,587 1,633 1,739

(6)

29 31 35 37 40 43 50 55 59 60 63 65 67 68 69 70 72 72 73 76 78 79 81 81 84 91

5

Commemorative coins

5 6 6 6 5 7 8 8 8 9 10 10 10 11 11 11 11 11 12 12 12 12 13 13 14 15

(8)

1.1 1.5 2.2 2.8 3.6 4.4 4.9 5.7 6.4 7.2 9.1 10.8 11.9 12.9 13.8 14.6 15.4 16.3 17.1 20.3 21.6 23.0 24.2 25.0 26.0 27.5

(9)

Total value of coins issued excl. (8) (Afl. million)


35

(1)

121.7 171.4 197.3 197.3 238.2 321.5 419.5 440.0 476.0 455.2 451.5 419.5 458.2 536.7 559.6 523.7 608.4 675.8 810.6 726.3 755.5 858.2 959.6 1,347.4 1,469.8 1,391.6 1,217.2

End of period

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Cash and claims on banks

Assets

(2)

0.2 25.8 76.7 76.7 50.2 29.4 39.3 51.1 57.9 69.9 75.2 105.6 90.0 91.5 104.0 88.4 74.9 100.1 138.1 150.2 147.6 186.5 166.8 114.0 154.0 274.7 311.1

Investments

(3)

303.2 364.1 446.5 484.6 571.9 653.9 735.9 799.6 868.1 1,025.0 1,072.0 1,223.0 1,286.6 1,343.2 1,485.7 1,644.2 1,688.9 1,852.5 2,038.0 2,136.2 2,343.3 2,384.8 2,487.1 2,601.3 2,590.1 2,629.3 2,688.7

Loans

(4)

23.7 32.2 36.0 40.4 45.5 54.9 62.4 74.2 83.7 97.7 113.9 119.8 126.7 123.2 121.1 116.7 139.7 179.5 174.7 175.2 174.0 172.3 188.0 197.3 179.8 195.2 190.7

Other

448.8 593.5 756.5 799.0 905.8 1,059.5 1,257.1 1,364.9 1,485.6 1,647.8 1,712.7 1,868.0 1,961.4 2,094.5 2,270.4 2,373.0 2,511.9 2,807.9 3,161.4 3,188.0 3,420.5 3,601.8 3,801.5 4,260.1 4,393.7 4,490.9 4,407.7

(5)

389.9 526.8 671.3 674.7 784.2 918.5 1,105.6 1,187.3 1,267.6 1,402.6 1,429.1 1,543.8 1,638.9 1,775.1 1,909.2 2,002.0 2,100.6 2,329.2 2,631.4 2,660.4 2,866.0 2,971.3 3,122.5 3,505.9 3,595.3 3,664.7 3,517.8

(6)

40.0 49.0 58.4 50.2 59.2 71.2 78.1 67.6 81.0 93.3 104.2 112.8 118.1 117.2 101.7 111.8 147.3 141.8 197.2 244.4 246.4 289.9 332.0 425.9 466.3 463.7 481.2

(7)

Total Liabilities assets = Deposits Capital Total and liabilities reserves

TABLE B4: COMMERCIAL BANKS - SUMMARY ACCOUNT

(8)

18.9 17.7 26.7 74.1 62.4 69.8 73.4 110.1 136.9 151.9 179.4 211.4 204.5 202.3 259.6 259.2 263.9 336.9 332.8 283.1 308.1 340.6 347.0 328.3 332.1 362.5 408.6

Other

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

End of period

26.6 31.3 27.7 27.0 29.3 33.2 36.8 36.4 36.4 32.1 30.3 24.2 25.3 29.3 29.3 26.2 28.5 29.0 30.4 27.6 26.4 28.6 29.0 34.7 30.1 29.1 26.1

(1)

Liquidity

(2)

77.8 69.1 66.5 67.4 68.8 67.5 63.2 61.6 61.9 66.5 67.8 73.2 72.5 69.8 70.5 75.6 73.1 71.7 72.5 75.2 76.4 75.1 74.7 69.4 67.1 66.5 71.1

Loan/ deposit

8.9 8.3 7.7 8.5 10.9 10.8 10.7 9.0 9.7 10.1 10.6 10.7 11.1 10.6 8.8 9.4 10.6 9.3 10.0 12.1 12.9 13.5 13.0 14.8 17.9 18.5 18.8

(3)

Capital/ risk value of assets

TABLE B5: COMMERCIAL BANKS PRUDENTIAL RATIOS


36

(1)

5.8 7.1 8.0 8.0 13.2 15.3 18.0 12.2 12.2 13.7 18.2 24.5 25.2 28.4 24.0 29.7 30.7 35.1 40.5 32.1 39.0 44.5 51.0 55.3 51.1 48.6 48.8

End of period

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Notes and coins

15.9 12.5 15.4 15.4 6.7 14.5 26.8 34.9 32.1 37.7 22.0 12.6 36.5 58.1 35.7 28.0 60.4 73.6 81.2 98.5 72.1 57.7 67.5 147.6 182.8 206.0 132.0

(2)

(3)

41.2 51.5 62.1 62.1 50.2 53.1 68.1 100.0 123.8 96.0 126.8 117.8 57.7 123.0 163.8 126.4 154.8 205.1 172.6 176.0 191.0 262.0 257.5 463.2 474.4 558.2 434.9

0.0 15.2 12.8 12.8 18.7 19.3 30.6 32.6 39.2 40.5 36.6 57.0 57.2 54.8 60.8 43.1 62.1 65.7 63.6 64.8 85.3 119.4 128.9 83.2 123.4 240.4 277.0

(4)

0.2 0.8 1.0 1.0 0.9 0.9 0.9 5.7 5.3 4.5 4.2 23.7 12.5 14.2 11.8 11.9 6.0 6.8 35.4 34.3 30.7 29.2 28.0 23.2 22.2 27.5 24.4

(5)

Government Non securities government securities

Current account

Time deposits

Investments

Central Bank

Domestic assets

TABLE B6: COMMERCIAL BANKS - DETAILED BALANCE SHEET

200.7 238.9 297.8 311.8 351.8 378.2 433.6 445.4 435.0 504.5 520.9 524.7 501.8 498.0 511.9 561.3 548.2 633.4 710.9 692.3 723.0 734.2 707.7 762.2 702.0 715.6 757.5

(6)

60.7 64.0 71.7 97.3 115.4 139.0 126.4 162.0 201.1 222.2 270.4 334.0 393.0 434.3 503.2 563.3 629.9 687.6 759.0 840.7 947.3 1,042.3 1,132.1 1,160.7 1,210.3 1,237.5 1,276.6

(7)

Enterprises Mortgages

Loans and advances

24.4 36.3 49.7 48.1 61.8 84.7 124.9 133.8 164.4 211.4 214.6 233.2 269.2 287.9 335.6 357.3 366.7 409.3 433.7 478.0 528.3 533.7 564.6 587.7 576.5 559.8 554.8

(8)

9.3 14.8 2.9 2.9 2.9 3.7 3.7 3.6 4.0 27.5 5.0 2.5 2.3 1.1 0.7 0.3 0.3 0.2 0.1 0.1 40.0 0.0 0.2 0.0 0.0 0.0 0.0

(9)

Individuals Government


37

(10)

19.8 23.9 24.6 24.6 27.8 35.3 37.6 39.4 46.7 50.7 56.7 59.2 64.1 54.7 54.3 58.0 59.4 60.9 63.1 68.7 72.3 78.7 88.8 101.8 101.3 108.5 107.5

End of period

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Premises

Subsidiaries

0.5 4.3 4.7 9.3 9.8 9.5 8.2 5.5 3.9 3.8 4.1 3.9 4.8 13.8 14.3 13.5 39.7 46.4 76.9 64.8 57.5 53.0 46.9 44.1 44.1 42.3 42.7

(11)

Domestic assets (cont'd)

3.3 3.8 5.1 4.9 4.8 7.4 12.5 21.1 26.2 19.5 21.3 26.8 21.0 15.4 17.0 18.7 16.5 31.1 18.5 18.1 19.3 20.6 24.7 26.0 17.2 27.9 24.8

(12)

Accounts receivable

Other (net)

0.5 2.9 1.9 1.9 4.1 6.3 9.9 8.9 1.4 1.7 34.3 -0.8 26.9 -5.0 10.3 1.7 3.8 2.4 15.5 -5.6 -6.1 -2.9 0.8 -10.4 21.5 0.8 5.6

(13)

382.2 475.8 557.6 600.1 668.1 767.3 901.2 1,005.1 1,095.2 1,233.8 1,335.0 1,419.2 1,472.2 1,578.8 1,743.2 1,813.3 1,978.5 2,257.7 2,471.0 2,562.8 2,799.7 2,972.5 3,098.6 3,444.6 3,526.8 3,773.2 3,686.6

(14)

Total domestic assets

TABLE B6: COMMERCIAL BANKS - DETAILED BALANCE SHEET (continued)

Cash

4.7 6.0 7.5 7.5 6.5 10.8 10.3 9.4 11.7 8.8 11.2 8.7 8.2 11.0 11.6 13.0 12.2 15.1 17.9 11.4 14.8 14.6 15.6 20.7 22.7 19.0 22.2

(15)

53.6 89.9 98.9 98.9 151.5 216.8 278.6 268.9 286.6 283.3 234.6 213.8 280.3 291.8 288.4 297.8 338.3 326.2 466.3 387.4 417.0 456.7 538.7 618.6 717.2 553.3 573.7

(16)

Due from banks

Foreign assets Investments

0.0 9.9 63.0 63.0 30.6 9.1 7.7 12.8 13.4 25.0 34.5 24.9 20.3 22.5 31.4 33.3 6.8 27.6 39.2 51.1 31.6 38.0 9.9 7.6 8.4 6.9 9.7

(17)

Loans

8.1 10.1 24.4 24.4 40.0 48.3 47.3 54.8 63.6 59.3 61.2 128.6 120.2 121.9 134.3 160.3 142.6 120.2 134.3 125.1 104.7 74.6 82.6 90.8 101.4 116.3 99.8

(18)

Other

0.1 0.3 1.6 1.6 3.1 2.7 4.1 8.2 6.9 23.7 31.8 29.9 36.8 39.4 35.5 26.4 24.1 41.0 16.2 23.6 25.0 20.0 27.5 25.4 17.1 16.5 15.6

(19)

(20)

66.5 116.2 195.4 195.4 231.7 287.7 347.9 354.2 382.3 400.1 373.3 405.9 465.9 486.4 501.1 530.8 524.0 530.2 673.8 598.6 593.1 603.8 674.5 763.1 866.9 712.1 721.0

Total foreign assets

(21)

448.7 592.0 753.0 795.6 899.8 1,055.0 1,249.2 1,359.3 1,477.5 1,633.9 1,708.3 1,825.1 1,938.1 2,065.2 2,244.3 2,344.1 2,502.5 2,787.9 3,144.7 3,161.5 3,392.8 3,576.3 3,773.1 4,207.7 4,393.7 4,485.2 4,407.7

Total assets


38

(24)

Government

65.6 119.3 136.7 145.7 18.5 23.5 36.2 57.1 49.3 56.5 56.6 58.1 47.9 84.4 90.9 99.5 107.1 121.8 144.5 132.8 148.2 165.2 153.4 169.2 170.6 203.1 222.0

1986 1987 1988 1988 d 1989* 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 153.9 155.2 169.2 157.4 201.8 254.3 242.0 248.9 261.3 297.4 321.8 312.8 385.4 467.8 510.5 592.8 606.9 635.1 770.3 949.7 1,073.4 867.6 1,017.4

(23)

0.6 1.3 0.0 0.0 20.0 22.0 37.3 38.2 42.0 39.3 37.0 37.0 56.7 52.0 46.9 58.9 60.9 116.0 150.0 101.0 53.3 75.2 47.8 93.2 122.2 126.6 132.2

30.1 14.9 1.9 2.0 1.2 4.1 26.0 10.6 20.9 37.9 29.1 18.9 15.9 11.3 7.9 9.0 6.3 8.1 10.8 6.2 24.4 26.9 19.6 6.1 5.4 47.7 28.7

(27)

83.9 90.0 116.9 126.0 122.0 119.6 100.0 123.0 134.2 184.3 247.6 258.1 229.7 256.3 335.6 319.1 368.1 341.5 291.1 292.0 296.9 351.8 326.4

(26)

35.4 78.4 100.2 130.1 120.9 151.9 145.9 175.6 174.3 176.7 183.2 174.4 182.4 196.7 212.2 228.8 235.5 263.3 270.3 229.8 221.2 195.4 187.6 208.9 194.8 183.2 145.7

Companies

Other fin.inst.

2.5 4.5 1.5 0.0 40.0 70.4 108.7 130.6 129.1 146.4 187.8 206.5 200.3 228.0 255.7 242.0 263.0 251.4 174.0 218.6 218.4 218.5 213.1 329.1 299.5 358.8 216.0

(28)

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23.1 48.7 59.0 117.9 133.9 113.7 107.3 91.6 151.3 96.2

(29)

Development funds

* Due to a revision in the reporting system of one of the commercial banks, there was a shift from savings to time deposits.

(22)

End of period (25)

Individuals

Other fin.inst.

Individuals

Companies

Time deposits

Demand deposits

Domestic liabilities

TABLE B6: COMMERCIAL BANKS - DETAILED BALANCE SHEET (continued)

Savings deposits

177.7 192.1 218.9 201.0 146.8 169.8 192.3 236.6 260.8 313.0 326.0 349.7 366.6 382.5 391.6 404.6 410.7 417.3 496.4 546.3 648.4 680.8 726.6 762.7 830.2 887.0 915.1

(30)

(31)

18.9 17.4 19.5 48.7 57.7 65.6 69.2 107.6 131.6 149.8 175.3 180.4 174.4 178.2 234.3 235.4 256.1 286.4 232.5 232.3 246.1 266.7 280.5 286.8 307.4 316.7 332.0

Other liabilities


39

(32)

34.7 44.9 50.2 42.1 45.0 53.3 64.1 55.4 55.5 69.1 73.1 94.8 101.9 97.5 82.0 89.5 130.2 124.6 183.6 230.8 232.7 266.3 313.4 407.3 447.7 445.1 462.6

End of period

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Capital and reserves

Capital base

2.8 3.6 7.8 7.8 7.8 9.0 9.0 8.8 1.7 1.2 6.9 9.6 7.8 11.3 11.3 13.8 14.1 9.1 5.6 2.5 2.5 12.5 12.5 12.5 12.5 12.5 12.5

(33)

Subordinated debt

Domestic liabilities (cont'd)

(34)

368.3 476.3 536.8 577.4 695.8 814.8 974.8 1,103.9 1,189.0 1,363.8 1,417.0 1,501.3 1,549.4 1,723.7 1,902.2 1,952.4 2,099.0 2,345.3 2,562.4 2,671.4 2,888.1 3,018.1 3,129.8 3,624.8 3,852.1 3,951.4 3,906.7

Total domestic liabilities Banks

6.6 5.5 12.1 9.8 12.2 16.1 4.6 33.4 42.0 21.8 17.7 34.7 23.2 35.3 18.4 28.9 23.2 15.3 37.1 20.1 17.0 12.7 11.6 34.4 29.5 22.3 12.7

(35)

Nonbanks

Demand deposits

Foreign liabilities

TABLE B6: COMMERCIAL BANKS - DETAILED BALANCE SHEET (continued)

11.9 17.1 22.6 22.4 27.5 39.0 54.5 50.8 54.2 61.8 59.0 46.4 56.2 54.1 49.3 71.9 65.3 67.9 96.9 128.1 124.7 136.7 136.5 181.2 218.6 200.9 173.8

(36)

Banks

28.4 25.4 38.9 23.4 28.2 25.2 36.9 5.8 14.8 11.9 35.4 58.2 31.9 53.5 57.6 68.1 61.4 57.4 74.8 65.8 83.7 106.7 133.6 30.9 41.7 59.0 20.0

(37)

Time deposits Nonbanks

5.8 39.3 105.1 106.3 111.5 130.9 146.3 127.4 121.9 113.5 115.2 129.9 201.7 130.7 145.8 150.9 201.8 192.0 201.7 145.0 135.5 146.2 218.2 206.4 135.3 112.2 126.6

(38)

Savings deposits

25.2 27.5 29.9 30.6 13.6 16.0 22.8 32.1 29.7 36.1 35.7 37.5 37.2 35.4 37.5 41.6 42.0 53.4 63.6 69.2 70.6 70.9 70.8 82.2 85.6 87.4 85.2

(39)

2.5 0.6 0.3 0.3 6.3 8.9 5.0 3.4 23.8 23.0 24.2 8.4 8.4 8.4 8.4 8.4 3.0 8.0 8.0 11.1 11.1 11.1 6.1 6.1 6.1 6.1 6.1

(40)

Capital and reserves and subordinated debt

Other

0.0 0.3 7.3 25.4 4.7 4.2 4.3 2.5 2.0 2.1 4.1 8.7 30.1 24.1 25.2 22.0 6.7 48.7 100.3 50.8 62.0 73.9 66.5 41.6 24.7 45.8 76.6

(41)

(42)

80.4 115.7 216.2 218.2 204.0 240.2 274.4 255.4 288.5 270.1 291.3 323.8 388.7 341.5 342.2 391.8 403.5 442.6 582.3 490.1 504.7 558.2 643.3 582.9 541.6 533.8 501.0

Total foreign liabilities

(43)

448.7 592.0 753.0 795.6 899.8 1,055.0 1,249.2 1,359.3 1,477.5 1,633.9 1,708.3 1,825.1 1,938.1 2,065.2 2,244.3 2,344.1 2,502.5 2,787.9 3,144.7 3,161.5 3,392.8 3,576.3 3,773.1 4,207.7 4,393.7 4,485.2 4,407.7

Total liabilities


40

22.4

Construction

95.4 88.6

Real estate, renting and business activities

Other enterprises

1.1 604.9

1,242.2

Government

Individuals

Total loans

636.3

51.0

Financial intermediation

Total loans to enterprises

25.3

87.5

Transport, storage and communications

Hotels and restaurants

219.3

21.6

Electricity, gas and water supply

Wholesale and retail trade; repair of motor vehicles, motorcycles and personal and household goods

20.3

4.9

1998

Mining and manufacturing

Agriculture, hunting, forestry and fishing

End of period

1,375.9

705.2

0.7

670.0

64.3

101.0

44.8

52.2

84.1

242.7

24.5

28.6

22.0

5.7

1999

1,506.5

776.2

0.3

730.0

63.6

113.5

63.1

45.5

74.7

289.3

20.6

36.3

17.6

5.8

2000

TABLE B7: LOANS TO DOMESTIC SECTORS BY KIND OF ECONOMIC ACTIVITY

1,570.1

829.9

0.3

739.9

73.6

129.5

37.3

32.1

66.0

328.7

19.3

29.0

18.6

5.9

2001

1,755.9

919.4

0.2

836.2

100.7

128.0

30.3

30.1

76.1

385.7

20.8

34.9

24.0

5.5

2002

1,932.7

1,006.4

0.1

926.2

72.3

104.9

121.6

47.2

101.5

388.1

17.5

38.8

29.4

4.9

2003

2,042.6

1,090.1

0.1

952.4

76.7

129.9

111.2

46.9

98.4

388.6

31.3

31.5

37.7

0.3

2004

2,272.7

1,266.2

40.0

966.5

80.9

123.0

89.4

79.1

87.9

414.8

52.2

29.7

9.1

0.3

2005

2,342.3

1,313.0

0.0

1,029.3

94.4

136.1

114.1

57.0

67.5

470.4

46.3

28.3

15.2

0.1

2006

2,437.0

1,382.6

0.2

1,054.2

51.6

166.8

148.1

31.3

70.2

496.1

44.6

19.8

17.0

8.6

2007

2,542.4

1,412.9

0.0

1,129.5

59.1

188.4

112.3

31.8

85.8

535.0

40.9

39.1

31.0

6.2

2008

2,355.3

1,319.3

0.0

1,036.0

43.6

183.4

103.2

25.9

92.2

479.3

43.6

31.9

27.5

5.4

2009

2,539.9

1,452.4

0.0

1,087.5

43.8

191.3

116.0

34.1

90.2

510.6

38.0

31.5

26.4

5.6

2010

2,616.5

1,488.7

0.0

1,127.8

47.9

205.4

121.4

38.7

73.3

507.8

37.0

65.2

26.4

4.8

2011


41 127.9 141.8 -13.9 315.7 100.2 215.5

III. Broad money A) Money B) Quasi-money

-48.4

II. Net foreign assets A) Centrale Bank van Aruba B) Commercial banks

B) Other items, net

286.5

2) Claims on private sector a) Enterprises b) Individuals 1) Consumer credit 2) Housing mortagegs c) Other

236.2

A) Domestic credit -50.3 10.5 -43.3 -17.5

187.8

I. Net domestic assets

1) Net claims on public sector a) Gross claims b) Government's deposits c) Development funds

1986

End of period

TABLE B8: MONETARY SURVEY

447.9 157.6 290.3

150.9 150.4 0.5

-57.3

344.3

10.0 36.4 -22.8 -3.7

354.3

297.0

1987

526.1 181.2 344.9

151.6 172.4 -20.8

-69.5

424.9

19.1 37.2 -10.3 -7.7

444.0

374.5

1988

545.6 190.1 355.5

149.6 172.4 -22.7

-90.6

467.5 364.3 93.0 48.1 44.9 10.3

19.2 37.2 -10.3 -7.7

486.7

396.0

1988 d

649.1 243.4 405.8

189.7 162.0 27.7

-103.2

539.8 419.9 109.1 61.8 47.3 10.7

22.9 37.8 -4.6 -10.3

562.7

459.5

1989

761.2 264.1 497.1

230.4 182.9 47.6

-104.3

612.3 464.4 137.4 84.7 52.7 10.4

22.8 39.4 -11.1 -5.5

635.1

530.7

1990

363.1 264.2 98.9

-123.5

754.0 517.8 225.0 133.8 91.2 11.2

7.1 41.4 -17.1 -17.2

761.1

637.6

1992

417.2 323.4 93.8

-133.8

811.7 514.8 287.7 164.4 123.3 9.2

-30.4 49.0 -66.8 -12.7

781.3

647.4

1993

869.8

1996

963.5

1997

980.9

1998

-60.6 68.4 -120.3 -8.7

-41.5 70.0 -108.9 -2.6

-9.7 74.5 -74.4 -9.8

-8.9 67.9 -67.0 -9.8

956.9 1,082.5 1,175.9 1,244.1

783.0

1995

449.8 319.8 130.0

-166.5

478.3 396.3 82.0

-173.9

431.3 349.2 82.1

-212.7

397.3 320.1 77.2

-212.4

557.9 413.0 144.9

-263.2

949.5 1,017.5 1,124.0 1,185.5 1,253.0 577.0 608.8 620.0 635.8 636.3 364.1 400.5 476.4 532.4 588.7 211.4 214.6 233.2 269.2 287.9 152.7 185.9 243.1 263.2 300.8 8.3 8.3 27.7 17.3 28.0

-34.1 75.5 -101.6 -8.0

915.4

748.8

1994

889.4 1,000.6 1,064.6 1,198.7 1,261.3 1,301.1 1,360.8 1,538.8 314.0 331.3 377.9 441.5 435.4 445.0 473.1 547.0 575.4 669.3 686.7 757.2 825.9 856.1 887.7 991.8

297.4 223.8 73.5

-101.0

694.1 492.8 192.1 124.9 67.2 9.2

-1.0 40.9 -29.8 -12.0

693.1

592.0

1991


42

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

III. Broad money A) Money B) Quasi-money

II. Net foreign assets A) Centrale Bank van Aruba B) Commercial banks

B) Other items, net

2) Claims on private sector a) Enterprises b) Individuals 1) Consumer credit 2) Housing mortagegs c) Other

1) Net claims on public sector a) Gross claims b) Government's deposits c) Development funds

-1.1 65.8 -44.3 -22.6

-25.7 77.6 -72.0 -31.3

-61.9 81.4 -72.4 -71.0

-42.6 84.2 -47.6 -79.2

-21.3 92.1 -12.7 -100.7

1.4 150.7 -31.2 -118.1

-46.6 141.1 -51.5 -136.3

-43.3 152.1 -40.0 -155.4

-189.4 107.5 -105.0 -191.8

-149.7 148.5 -101.6 -196.5

-16.7 266.4 -124.0 -159.1

-36.7 304.5 -212.2 -129.0

530.4 391.4 139.0

-304.3 660.1 539.5 120.5

-363.4 699.0 611.4 87.6

-368.3 637.9 546.4 91.4

-345.1

657.7 549.2 108.5

-410.9

597.9 509.5 88.4

-427.1

653.6 608.0 45.6

-479.1

-631.0

-680.6

-685.4

-711.5 716.6 1,268.9 1,475.1 1,309.3 1,286.2 685.4 1,088.7 1,149.9 1,131.0 1,066.1 31.2 180.2 325.2 178.3 220.1

-550.1

1,699.1 1,738.3 1,840.6 2,033.6 2,214.1 2,285.3 2,426.8 2,484.4 2,566.4 2,990.3 3,163.5 3,154.6 3,158.6 590.4 596.3 701.0 844.5 933.2 960.8 965.0 1,047.4 1,147.1 1,396.8 1,541.3 1,373.0 1,554.7 1,108.7 1,142.0 1,139.6 1,189.1 1,280.9 1,324.5 1,461.9 1,437.0 1,419.3 1,593.6 1,622.2 1,781.6 1,603.9

577.2 418.2 158.9

-272.7

1,382.2 1,513.2 1,569.6 1,764.8 1,964.0 2,059.8 2,254.7 2,356.5 2,443.2 2,541.8 2,518.7 2,547.4 2,620.7 670.0 730.0 739.9 836.2 926.2 952.4 966.5 1,029.3 1,054.2 1,129.5 1,093.1 1,087.5 1,127.8 686.1 757.8 811.5 900.3 984.2 1,065.4 1,238.7 1,287.2 1,356.2 1,387.1 1,401.5 1,432.3 1,467.9 335.6 357.3 366.7 409.3 434.6 478.8 528.9 534.3 565.1 588.2 577.1 560.4 555.6 350.4 400.5 444.8 491.1 549.6 586.6 709.8 752.9 791.2 798.9 824.4 871.9 912.3 26.1 25.4 18.2 28.3 53.7 42.0 49.5 40.0 32.7 25.2 24.1 27.5 24.9

12.4 75.9 -54.2 -9.4

1,394.6 1,512.1 1,543.9 1,702.9 1,921.4 2,038.5 2,256.1 2,309.9 2,399.9 2,352.4 2,369.0 2,530.7 2,584.0

2001

A) Domestic credit

2000

1,121.9 1,207.9 1,180.5 1,334.6 1,576.3 1,627.6 1,829.0 1,830.7 1,849.8 1,721.4 1,688.4 1,845.3 1,872.4

1999

I. Net domestic assets

End of period

TABLE B8: MONETARY SURVEY (continued)


43

(1)

37.9 41.6 49.1 49.1 61.5 74.5 84.1 88.5 93.9 101.2 111.9 119.4 126.8 133.3 146.3 151.0 156.6 163.0 165.6 162.7 183.1 201.9 225.7 236.5 225.7 223.8 231.5

End of period

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

5.8 7.1 8.0 8.0 13.2 15.3 18.0 12.2 12.2 13.7 18.2 24.5 25.2 28.4 24.0 29.7 30.7 35.1 40.5 32.1 39.0 44.5 51.0 55.3 51.1 48.6 48.8

(2)

32.0 34.6 41.1 41.1 48.3 59.2 66.2 76.2 81.7 87.6 93.7 94.9 101.6 104.9 122.4 121.3 125.9 127.8 125.1 130.7 144.1 157.4 174.8 181.2 174.6 175.2 182.8

(3= 1-2)

57.5 104.2 108.7 116.9 144.9 170.2 207.3 199.8 242.2 274.4 270.3 298.8 311.8 378.2 398.0 406.3 481.1 612.5 710.5 709.9 673.4 790.8 849.5 1,081.9 1,224.3 1,059.7 1,211.6

(4)

10.7 18.8 31.4 32.2 50.1 34.7 40.5 55.3 54.1 79.5 71.4 51.3 59.8 63.9 70.1 68.7 94.0 104.2 97.6 120.3 147.5 99.2 122.9 133.6 142.4 138.1 160.4

(5)

Foreign currency

Afl.

Outside banks

Issued

At banks

Demand deposits

Currency

TABLE B9: COMPONENTS OF BROAD MONEY

(6= 4+5)

68.1 123.0 140.1 149.1 195.0 204.9 247.8 255.0 296.2 353.9 341.7 350.1 371.6 442.1 468.1 474.9 575.1 716.7 808.1 830.2 820.8 890.0 972.3 1,215.6 1,366.7 1,197.7 1,372.0

Total

100.2 157.6 181.2 190.1 243.4 264.1 314.0 331.3 377.9 441.5 435.4 445.0 473.1 547.0 590.4 596.3 701.0 844.5 933.2 960.8 965.0 1,047.4 1,147.1 1,396.8 1,541.3 1,373.0 1,554.7

(7= 3+6)

Money

(9)

4.5 4.8 6.2 5.0 6.0 7.1 7.5 8.3 9.4 10.4 9.6 11.0 11.3 12.3 13.6 14.3 15.6 5.5 5.9 6.7 6.6 6.7

(8)

177.7 192.1 218.9 201.0 146.8 165.3 187.5 230.4 255.8 307.0 318.9 342.2 358.3 373.2 381.2 395.0 399.7 406.0 484.1 532.7 634.1 665.2 721.1 756.8 823.5 880.5 908.4

Afl.

Afl.

Foreign currency

Time

Savings

Other deposits

37.8 93.4 106.8 135.3 245.7 279.0 347.4 410.5 396.3 403.8 459.4 483.7 488.0 567.7 627.0 626.6 676.3 709.9 732.1 729.0 764.0 713.0 673.2 822.9 785.0 890.5 684.7

(10)

35.5 33.8 22.2 29.6 39.4 21.0 21.3 29.1 41.6 88.6 102.4 52.1 61.9 48.4 39.2 44.5 43.1 19.4 7.9 7.0 4.1 4.1

215.5 285.5 325.7 336.3 392.5 484.4 573.4 669.3 686.7 756.2 806.4 854.8 883.7 991.8 1,107.2 1,133.6 1,139.1 1,189.1 1,276.9 1,314.5 1,456.9 1,437.0 1,419.3 1,593.6 1,622.2 1,781.6 1,603.9

(12= (11) 8+9+10+11)

Foreign currency

Total

Treasury bills

0.0 4.8 19.2 19.2 13.3 12.7 2.0 0.0 0.0 1.0 19.5 1.2 4.0 0.0 1.5 8.4 0.5 0.0 4.0 10.0 5.0 0.0 0.0 0.0 0.0 0.0 0.0

(13)

215.5 290.3 344.9 355.5 405.8 497.1 575.4 669.3 686.7 757.2 825.9 856.1 887.7 991.8 1,108.7 1,142.0 1,139.6 1,189.1 1,280.9 1,324.5 1,461.9 1,437.0 1,419.3 1,593.6 1,622.2 1,781.6 1,603.9

(14= 12+13)

Quasimoney

315.7 447.9 526.1 545.6 649.1 761.2 889.4 1,000.6 1,064.6 1,198.7 1,261.3 1,301.1 1,360.8 1,538.8 1,699.1 1,738.3 1,840.6 2,033.6 2,214.1 2,285.3 2,426.8 2,484.4 2,566.4 2,990.3 3,163.5 3,154.6 3,158.6

(15= 7+14)

Broad money


44 91.9 34.6 17.8 16.8

III. Broad money 1) Money 2) Quasi-money

-22.4

-4.0

-30.8 2.9 -16.3 -17.5

II. Inflow of foreign funds

B) Other items, net

2) Claims on private sector a) Enterprises b) Individuals 1) Consumer credit 2) Housing mortagegs c) Other

1) Net claims on public sector a) Gross claims b) Government's deposits c) Development funds

-34.8

-57.3

I. Net domestic money creation

A) Domestic credit

1986

During period

132.2 57.4 74.8

23.0

-8.9

57.8

60.3 25.9 20.5 13.8

118.1

109.2

1987

78.2 23.6 54.6

0.7

-12.2

80.6

9.1 0.8 12.5 -4.0

89.7

77.5

1988

TABLE B10: CAUSES OF CHANGES IN BROAD MONEY

103.5 53.3 50.3

40.1

-12.6

72.3 55.6 16.1 13.7 2.4 0.4

3.7 0.6 5.7 -2.6

76.0

63.5

1989

112.1 20.7 91.3

40.7

-1.1

72.5 44.5 28.3 22.9 5.4 -0.3

-0.1 1.6 -6.5 4.8

72.4

71.2

1990

128.2 49.8 78.3

66.9

3.3

81.8 28.4 54.6 40.2 14.5 -1.2

-23.8 1.5 -18.7 -6.5

58.0

61.3

1991

111.2 17.3 93.9

65.7

-22.5

59.9 25.0 32.9 8.9 24.0 2.0

8.0 0.5 12.7 -5.1

68.0

45.5

1992

40.2 46.6 -6.4

54.1

-10.3

57.7 -3.0 62.7 30.6 32.1 -2.0

-37.5 7.7 -49.7 4.5

20.2

9.9

1993

134.0 63.6 70.5

32.6

-32.7

137.8 62.2 76.4 47.0 29.4 -0.9

-3.7 26.5 -34.7 4.6

134.1

101.4

1994

62.6 -6.1 68.7

28.5

-7.3

68.0 31.8 36.3 3.2 33.1 -0.1

-26.6 -7.1 -18.8 -0.7

41.5

34.2

1995

39.7 9.6 30.1

-47.1

-38.8

106.5 11.2 75.9 18.6 57.3 19.4

19.1 1.6 11.5 6.1

125.6

86.8

1996

59.7 28.1 31.6

-34.0

0.3

61.6 15.9 56.1 36.0 20.0 -10.3

31.8 4.5 34.5 -7.1

93.4

93.7

1997

178.0 73.9 104.2

160.6

-50.8

67.4 0.4 56.3 18.7 37.6 10.7

0.8 -6.6 7.3 -0.1

68.2

17.4

1998


45 19.2 160.3 43.4 116.9

III. Broad money 1) Money 2) Quasi-money

-9.5

129.2 33.8 97.4 47.7 49.7 -1.9

21.3 8.0 12.8 0.5

150.5

141.0

1999

II. Inflow of foreign funds

B) Other items, net

2) Claims on private sector a) Enterprises b) Individuals 1) Consumer credit 2) Housing mortagegs c) Other

1) Net claims on public sector a) Gross claims b) Government's deposits c) Development funds

A) Domestic credit

I. Net domestic money creation

During period

39.2 5.8 33.3

-46.8

-31.6

131.0 60.0 71.8 21.7 50.1 -0.7

-13.4 -10.1 9.9 -13.2

117.6

86.0

2000

102.3 104.7 -2.4

129.7

-59.1

56.4 9.9 53.7 9.4 44.2 -7.2

-24.7 11.8 -27.7 -8.7

31.8

-27.4

2001

TABLE B10: CAUSES OF CHANGES IN BROAD MONEY (continued)

193.0 143.5 49.5

39.0

-5.0

195.2 96.3 88.8 42.6 46.3 10.0

-36.2 3.9 -0.3 -39.7

159.0

154.0

2002

180.5 88.7 91.8

-61.2

23.2

199.2 90.0 83.9 25.3 58.5 25.4

19.3 2.7 24.8 -8.2

218.5

241.7

2003

71.1 27.6 43.5

19.9

-65.8

95.8 26.2 81.2 44.2 37.0 -11.6

21.3 8.0 34.9 -21.6

117.1

51.3

2004

141.6 4.1 137.4

-59.8

-16.2

194.8 14.1 173.3 50.1 123.1 7.5

22.8 58.6 -18.5 -17.3

217.6

201.4

2005

57.5 82.4 -24.9

55.8

-52.0

101.8 62.8 48.5 5.4 43.1 -9.5

-48.1 -9.6 -20.3 -18.2

53.8

1.8

2006

82.0 99.7 -17.7

63.0

-70.9

86.7 24.9 69.1 30.8 38.3 -7.3

3.3 11.0 11.4 -19.1

90.0

19.1

2007

423.9 249.6 174.3

552.3

-81.0

98.6 75.3 30.8 23.1 7.8 -7.5

-146.1 -44.6 -65.0 -36.4

-47.4

-128.4

2008

173.2 144.6 28.6

206.2

-49.6

-23.2 -36.4 14.4 -11.1 25.5 -1.1

39.7 41.0 3.4 -4.7

16.6

-33.0

2009

-8.9 -168.4 159.4

-165.8

-4.8

28.7 -5.6 30.8 -16.6 47.5 3.5

133.0 117.9 -22.4 37.4

161.7

156.9

2010

4.0 181.8 -177.8

-23.1

-26.2

73.3 40.3 35.6 -4.8 40.4 -2.6

-20.0 38.1 -88.3 30.1

53.3

27.1

2011


46

(1)

10.0 10.0 10.0 10.0 47.4 47.4 47.4 45.9 45.9 45.9 47.1 50.1 50.1 41.0 41.0 41.0 55.0 68.2 83.1 87.1 102.0 126.4 166.4 172.0 219.9 280.9 313.7

End of period

1986 1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Gold

(2)

132.1 140.9 163.3 163.3 154.7 175.4 214.1 254.4 324.3 317.9 387.8 335.8 312.1 402.5 399.3 381.2 525.7 608.1 528.4 528.8 489.6 604.7 666.1 1,082.8 1,035.0 1,015.8 960.7

Other assets

Liabilities

Centrale Bank van Aruba

TABLE B11: FOREIGN ASSETS

0.3 0.5 0.9 0.9 2.5 2.5 0.1 1.0 12.5 13.7 1.1 1.1 2.5 1.7 0.1 2.3 2.6 8.5 2.6 1.5 3.0 17.2 4.4 7.5 3.1 1.2 0.8

(3)

Net

141.8 150.4 172.4 172.4 199.6 220.3 261.3 299.3 357.7 350.1 433.8 384.8 359.8 441.8 440.2 419.8 578.2 667.9 608.9 614.4 588.6 713.9 828.0 1,247.3 1,251.8 1,295.6 1,273.5

(4= 1+2-3) (5)

66.5 116.2 195.4 195.4 231.6 287.6 347.9 354.2 382.3 400.1 373.3 405.9 465.9 486.4 501.1 530.8 524.0 530.2 673.8 598.6 593.1 603.8 674.5 763.1 866.9 712.1 721.0

Assets

(6)

80.4 115.7 216.2 218.2 203.9 240.1 274.4 255.4 288.5 270.1 291.3 323.8 388.7 341.5 342.2 391.8 403.5 442.6 582.3 490.1 504.7 558.2 643.3 582.9 541.6 533.8 501.0

Liabilities

Commercial banks Net

-13.9 0.5 -20.8 -22.8 27.7 47.5 73.5 98.9 93.8 130.0 82.0 82.1 77.2 144.9 158.9 139.0 120.5 87.6 91.4 108.5 88.4 45.6 31.2 180.2 325.2 178.3 220.1

(7= 5-6)

(8= 4+7)

127.9 150.9 151.6 149.6 227.3 267.8 334.9 398.1 451.5 480.1 515.9 466.9 437.0 586.7 599.1 558.9 698.7 755.5 700.3 722.9 677.1 759.5 859.2 1,427.5 1,577.0 1,473.9 1,493.6

Total

0.0 0.0 0.0 0.0 37.6 37.4 37.5 35.0 34.3 30.3 37.6 35.6 39.7 28.8 22.0 28.5 38.7 56.5 62.5 65.2 79.2 105.9 142.6 158.6 101.9 164.6 207.4

(9)

Revaluation differences

127.9 150.9 151.6 149.6 189.7 230.4 297.4 363.1 417.2 449.8 478.3 431.3 397.3 557.9 577.2 530.4 660.1 699.0 637.9 657.7 597.9 653.6 716.6 1,268.9 1,475.1 1,309.3 1,286.2

(10= 8-9)

Total excl. (9)

315.7 447.9 526.1 545.6 649.1 761.2 889.4 1,000.6 1,064.6 1,198.7 1,261.3 1,301.1 1,360.8 1,538.8 1,699.1 1,738.3 1,840.6 2,033.6 2,214.1 2,285.3 2,426.8 2,484.4 2,566.4 2,990.3 3,163.5 3,154.6 3,158.7

(11)

Broad money

1,359.1 1,293.6 1,263.5 1,259.1 1,356.4 1,477.7 1,594.2 1,690.5 1,678.0 1,809.7 1,650.1 1,584.7 1,916.8

(12)

Import of goods (excl. oil) during a 12-month period

2,296.7 2,254.8 2,202.9 2,406.6 2,490.8 2,737.3 2,963.2 3,284.4 3,252.1 3,441.1 3,121.5 3,109.5 3,777.8

(13)

Current account payments (excl. oil) during a 12-month period

40.5 33.7 28.8 27.4 29.2 30.3 33.4 36.3 39.2 37.5 37.9 33.1 29.2 36.3 34.0 30.5 35.9 34.4 28.8 28.8 24.6 26.3 27.9 42.4 46.6 41.5 40.7

(14= 10:11)

Broad money coverage

Percentages

44.1 43.2 55.3 60.0 51.6 48.9 42.5 44.9 51.2 78.9 95.6 93.0 77.9

(15= 8:12)

Import coverage

26.1 24.8 31.7 31.4 28.1 26.4 22.8 23.1 26.4 41.5 50.5 47.4 39.5

(16= 8:13)

Current account payments coverage


47 15.0

5. Other domestic assets 1,290.3

510.5 47.4 297.3 165.9

4. Foreign assets a) Gold b) Short-term c) Long-term

6. Total assets

612.3 464.4 137.4 84.7 52.7 0.9 9.5

39.4 39.4 0.0

2. Claims on the public sector a) Short-term b) Long-term

3. Claims on the private sector a) Enterprises b) Individuals 1) Consumer credit 2) Housing mortgages c) Capital market investments d) Other

113.2 102.3 10.9

1990

1. Claims on money-creating institutions a) Monetary authorities b) Commercial banks

ASSETS

End of period

1,524.7

19.7

609.4 47.4 369.0 193.0

694.1 492.8 192.1 124.9 67.2 0.9 8.2

40.9 40.3 0.6

160.7 142.9 17.8

1991

1,643.1

-0.3

654.5 45.9 374.2 234.4

754.0 517.8 225.0 133.8 91.2 5.7 5.5

41.4 40.7 0.6

193.6 179.1 14.5

1992

1,820.5

-2.2

752.4 45.9 392.8 313.7

811.7 514.8 287.7 164.4 123.3 5.3 3.9

49.0 41.8 7.2

209.6 200.1 9.5

1993

1,969.4

-13.4

763.8 45.9 382.6 335.3

949.5 577.0 364.1 211.4 152.7 4.5 3.8

75.5 66.0 9.5

194.0 178.4 15.6

1994

68.4 46.8 21.6

218.2 179.5 38.7

1995

2,098.5

-13.9

808.3 47.1 337.9 423.2

1,017.5 608.8 400.5 214.6 185.9 4.2 4.1

TABLE B12: MONEY-CREATING INSTITUTIONS - CONSOLIDATED BALANCE SHEET

2,220.8

7.2

791.8 50.1 301.1 440.6

1,124.0 620.0 476.4 233.2 243.1 23.7 3.9

70.0 43.7 26.3

227.8 185.7 42.0

1996

2,282.4

-3.3

828.1 50.1 373.3 404.7

1,185.5 635.8 532.4 269.2 263.2 12.5 4.8

74.5 48.2 26.3

197.6 147.4 50.2

1997

2,490.7

-26.0

929.9 41.0 383.4 505.6

1,253.0 636.3 588.7 287.9 300.8 14.2 13.8

67.9 45.1 22.8

265.9 241.6 24.3

1998

2,637.3

-60.4

941.4 41.0 398.0 502.5

1,382.2 670.0 686.1 335.6 350.4 11.8 14.3

75.9 65.2 10.7

298.2 261.9 36.3

1999

2,729.8

-44.0

953.0 41.0 414.2 497.8

1,513.2 730.0 757.8 357.3 400.5 11.9 13.5

65.8 56.1 9.7

241.9 213.2 28.8

2000


48

6. Total assets

3,020.0

-65.0

1,104.8 55.0 475.2 574.5

4. Foreign assets a) Gold b) Short-term c) Long-term

5. Other domestic assets

1,569.6 739.9 811.5 366.7 444.8 6.0 12.2

77.6 64.1 13.4

2. Claims on the public sector a) Short-term b) Long-term

3. Claims on the private sector a) Enterprises b) Individuals 1) Consumer credit 2) Housing mortgages c) Capital market investments d) Other

333.0 293.4 39.5

2001

1. Claims on money-creating institutions a) Monetary authorities b) Commercial banks

ASSETS

End of period

3,394.7

-65.5

1,206.5 68.2 483.2 655.1

1,764.8 836.2 900.3 409.3 491.1 6.8 21.5

81.4 65.3 16.1

407.4 361.9 45.5

2002

3,737.8

-24.8

1,285.3 83.1 603.1 599.1

1,964.0 926.2 984.2 434.6 549.6 15.4 38.3

84.2 65.6 18.6

429.1 358.3 70.7

2003

3,761.7

-27.4

1,214.5 87.1 523.4 604.1

2,059.8 952.4 1,065.4 478.8 586.6 14.3 27.7

92.1 70.3 21.8

422.6 364.6 58.0

2004

3,950.7

-44.8

1,184.7 102.0 522.5 560.2

2,254.7 966.5 1,238.7 528.9 709.8 30.7 18.8

150.7 109.1 41.6

405.5 345.1 60.4

2005

141.1 69.8 71.4

477.1 412.3 64.8

2006

4,270.9

-38.7

1,334.9 126.4 630.6 577.9

2,356.5 1,029.3 1,287.2 534.3 752.9 29.2 10.8

TABLE B12: MONEY-CREATING INSTITUTIONS - CONSOLIDATED BALANCE SHEET (continued)

4,571.0

-26.6

1,506.9 166.4 776.7 563.8

2,443.2 1,054.2 1,356.2 565.1 791.2 28.0 4.7

152.1 71.5 80.7

495.4 423.9 71.5

2007

5,433.4

-24.1

2,017.9 172.0 932.5 913.4

2,541.8 1,129.5 1,387.1 588.2 798.9 23.2 2.0

107.5 71.2 36.3

790.2 706.1 84.2

2008

5,569.3

-39.7

2,121.8 219.9 861.5 1,040.4

2,518.7 1,093.1 1,401.5 577.1 824.4 22.2 1.9

148.5 75.0 73.5

820.1 756.3 63.7

2009

5,682.7

-41.4

2,008.8 280.9 677.2 1,050.7

2,547.4 1,087.5 1,432.3 560.4 871.9 27.5 0.1

266.4 84.6 181.8

901.5 852.8 48.7

2010

5,616.9

-40.1

1,995.4 313.7 681.6 1,000.1

2,620.7 1,127.8 1,467.9 555.6 912.3 24.4 0.5

304.5 100.5 204.0

736.5 688.7 47.8

2011


49 9.0 75.3

11. Subordinated debt

12. Capital and reserves

1,290.3

37.4

15. Other domestic liabilities

16. Total liabilities

37.4

14. Revaluation differences

242.7 229.5 13.2

0.0 0.0 0.0

10. Long-term liabilities a) Government b) Private sector

13. Foreign liabilities a) Short-term b) Long-term

16.6 11.1 5.5

110.8 106.2 4.6

8. Money-creating institutions a) Monetary authorities b) Commercial banks

9. Public sector deposits a) Government b) Development funds

761.1 264.1 497.0

1990

7. Broad money a) Money b) Quasi-money

LIABILITIES

End of period

1,524.7

36.6

37.5

274.5 262.4 12.1

88.1

9.0

0.0 0.0 0.0

41.8 29.8 12.0

147.7 139.8 7.9

889.4 314.0 575.4

1991

1,643.1

43.8

35.0

256.4 245.6 10.8

80.2

8.8

0.0 0.0 0.0

34.3 17.1 17.2

184.0 178.4 5.6

1,000.6 331.3 669.3

1992

1,820.5

57.0

34.3

300.9 273.9 27.0

81.5

1.7

0.0 0.0 0.0

79.5 66.8 12.7

201.0 196.3 4.8

1,064.6 377.9 686.7

1993

1,969.4

64.5

30.3

283.7 257.3 26.4

94.9

1.2

0.0 0.0 0.0

109.6 101.6 8.0

186.6 172.6 13.9

1,198.7 441.5 757.2

1994

2,098.5

86.1

37.6

292.4 265.6 26.8

101.9

6.9

0.0 0.0 0.0

129.1 120.3 8.7

183.2 178.8 4.4

1,261.3 435.4 825.9

1995

TABLE B12: MONEY-CREATING INSTITUTIONS - CONSOLIDATED BALANCE SHEET (continued)

2,220.8

123.2

35.6

324.9 313.2 11.7

129.7

9.6

0.0 0.0 0.0

111.5 108.9 2.6

185.2 164.7 20.5

1,301.1 445.0 856.1

1996

2,282.4

90.2

39.7

391.1 358.4 32.7

138.4

7.8

0.0 0.0 0.0

84.2 74.4 9.8

170.3 147.0 23.3

1,360.8 473.1 887.7

1997

2,490.7

85.3

28.8

343.2 307.8 35.4

140.4

11.3

0.0 0.0 0.0

76.8 67.0 9.8

266.0 236.7 29.3

1,538.8 547.0 991.8

1998

2,637.3

101.5

22.0

342.3 310.5 31.8

125.9

11.3

0.0 0.0 0.0

63.6 54.2 9.4

271.6 245.6 26.0

1,699.1 590.4 1,108.7

1999

2,729.8

116.9

28.5

394.1 367.8 26.2

141.7

13.8

0.0 0.0 0.0

66.9 44.3 22.6

229.8 202.7 27.1

1,738.3 596.3 1,142.0

2000


50 0.0 0.0 0.0 14.1 194.5 406.1 356.8 49.3 38.7 119.0

10. Long-term liabilities a) Government b) Private sector

11. Subordinated debt

12. Capital and reserves

13. Foreign liabilities a) Short-term b) Long-term

14. Revaluation differences

15. Other domestic liabilities 3,020.0

103.3 72.0 31.3

9. Public sector deposits a) Government b) Development funds

16. Total liabilities

303.8 295.5 8.2

1,840.6 701.0 1,139.6

2001

8. Money-creating institutions a) Monetary authorities b) Commercial banks

7. Broad money a) Money b) Quasi-money

LIABILITIES

End of period

3,394.7

131.6

56.5

451.0 380.4 70.6

193.0

9.1

0.0 0.0 0.0

143.4 72.4 71.0

376.5 358.3 18.2

2,033.6 844.5 1,189.1

2002

3,737.8

125.9

62.5

584.9 516.3 68.6

261.8

5.6

0.0 0.0 0.0

126.8 47.6 79.2

356.1 339.5 16.7

2,214.1 933.2 1,280.9

2003

3,761.7

119.5

65.2

491.6 437.6 54.0

309.0

2.5

0.0 0.0 0.0

113.5 12.7 100.7

375.0 348.5 26.5

2,285.3 960.8 1,324.5

2004

3,950.7

110.2

79.2

507.6 462.2 45.4

310.9

2.5

0.0 0.0 0.0

149.3 31.2 118.1

364.2 336.5 27.7

2,426.8 965.0 1,461.9

2005

4,270.9

134.2

105.9

575.4 547.3 28.1

344.5

12.5

0.0 0.0 0.0

187.8 51.5 136.3

426.4 400.8 25.5

2,484.4 1,047.4 1,437.0

2006

TABLE B12: MONEY-CREATING INSTITUTIONS - CONSOLIDATED BALANCE SHEET (continued)

4,571.0

153.5

142.6

647.7 608.3 39.4

391.6

12.5

0.0 0.0 0.0

195.5 40.0 155.4

461.3 432.8 28.5

2,566.4 1,147.1 1,419.3

2007

5,433.4

148.8

158.6

590.4 534.8 55.6

481.2

12.5

0.0 0.0 0.0

296.9 105.0 191.8

754.6 702.2 52.4

2,990.3 1,396.8 1,593.6

2008

5,569.3

149.7

101.9

544.8 487.5 57.3

530.6

12.5

0.0 0.0 0.0

298.1 101.6 196.5

768.1 768.1 0.0

3,163.5 1,541.3 1,622.2

2009

5,682.7

146.7

164.6

535.0 488.5 46.5

528.0

12.5

0.0 0.0 0.0

283.1 124.0 159.1

858.2 852.6 5.6

3,154.6 1,373.0 1,781.6

2010

5,616.9

157.8

207.4

501.8 453.0 48.8

548.9

12.5

0.0 0.0 0.0

341.2 212.2 129.0

688.7 688.7 0.0

3,158.6 1,554.7 1,603.9

2011


51

1,299.3

1,155.5

148.4

6. Insurance reserve fund 45.6

915.1

5. Pension fund provisions

7. Other items, net

46.4 41.9 4.5

4. Borrowings and deposits a. Government b. Other residents

3. TOTAL ASSETS=TOTAL LIABILITIES

1,078.1 585.9 492.2

915.8 489.9 425.9

2. Domestic claims a. Government b. Private sector

74.9

165.5

1,002.6

56.3 40.9 15.3

221.3

239.6

1. Net foreign assets

1997

1996

End of period

31.8

183.6

906.2

51.4 40.5 10.9

1,172.9

884.3 345.4 538.9

288.6

1998

TABLE B13: NONMONETARY FINANCIAL INSTITUTIONS - BALANCE SHEET

76.9

209.2

908.2

46.9 36.5 10.5

1,241.3

900.6 339.5 561.1

340.7

1999

70.2

232.7

1,013.9

62.1 36.6 25.5

1,379.0

961.0 366.4 594.6

418.0

2000

-4.7

257.3

1,090.6

54.6 36.6 18.0

1,397.7

1,047.9 434.7 613.2

349.8

2001

-54.8

258.7

1,156.1

57.4 36.8 20.7

1,417.5

1,087.2 463.0 624.3

330.3

2002

90.7

273.3

1,218.4

62.0 36.8 25.2

1,644.4

1,245.9 506.9 739.0

398.5

2003

173.4

288.4

1,308.8

64.0 36.7 27.3

1,834.6

1,344.7 555.5 789.2

489.8

2004

-33.9

364.8

1,641.8

38.9 36.6 2.2

2,011.5

1,439.7 635.6 804.1

571.8

2005

25.5

400.0

1,750.4

38.5 36.6 1.8

2,214.4

1,542.6 693.5 849.1

671.8

2006

150.9

445.7

1,835.0

37.8 36.6 1.2

2,469.4

1,671.9 739.1 932.8

797.4

2007

-640.0

510.5

2,396.4

37.0 36.6 0.4

2,304.0

1,733.1 678.0 1,055.2

570.9

2008

-375.6

603.8

2,452.7

39.0 38.6 0.4

2,719.9

2,025.8 836.6 1,189.2

694.1

2009

-437.9

651.1

2,601.6

38.9 38.6 0.3

2,853.8

2,052.0 891.5 1,160.5

801.7

2010

-305.4

692.9

2,729.1

38.9 38.6 0.3

3,155.5

2,395.2 1,174.1 1,221.0

760.4

2011


52 148.4

8. Insurance reserve fund 1,238.5

915.1

7. Pension fund provisions

9. Other domestic liabilities

1,362.8 153.4 1,209.5

404.9

4,069.8

6. Deposits and borrowings a) Government b) Other residents

5. Foreign liabilities

4. TOTAL ASSETS=TOTAL LIABILITIES

911.9

2,080.0 559.9 40.0 685.9 794.3 286.1 508.1

2. Domestic claims a) Government b) Non-financial public enterprises c) Enterprises d) Individuals 1) Consumer credit 2) Housing mortgages

3. Other domestic claims

1,077.9

1996

1. Foreign assets

End of period

TABLE B14: FINANCIAL SURVEY

1,200.4

165.5

1,002.6

1,395.6 125.1 1,270.5

560.7

4,324.8

825.7

2,319.9 660.4 29.5 713.1 916.9 333.2 583.8

1,179.2

1997

1,338.3

183.6

906.2

1,562.1 117.3 1,444.8

531.6

4,521.8

982.7

2,161.0 413.3 38.0 688.0 1,021.7 352.1 669.5

1,378.2

1998

1,503.6

209.2

908.2

1,685.7 100.0 1,585.7

478.2

4,785.4

1,077.0

2,312.3 415.4 56.3 696.4 1,144.2 395.9 748.3

1,396.1

1999

1,589.6

232.7

1,013.9

1,737.5 103.5 1,634.0

547.7

5,121.4

1,149.5

2,474.1 432.2 70.4 731.0 1,240.6 419.0 821.6

1,497.8

2000

1,776.5

257.3

1,090.6

1,872.1 139.9 1,732.2

595.1

5,591.5

1,322.9

2,663.6 512.3 61.9 766.7 1,322.7 434.0 888.7

1,605.0

2001

1,818.3

258.7

1,156.1

2,106.6 180.1 1,926.4

664.8

6,004.5

1,409.0

2,901.3 544.4 57.3 874.8 1,424.9 480.9 943.9

1,694.1

2002

2,021.0

273.3

1,218.4

2,273.8 163.6 2,110.2

798.7

6,585.2

1,519.3

3,230.8 591.0 110.4 1,011.9 1,517.5 521.1 996.4

1,835.1

2003

2,102.2

288.4

1,308.8

2,322.0 150.2 2,171.9

678.1

6,699.5

1,429.9

3,444.0 647.6 107.2 1,058.8 1,630.3 574.4 1,055.9

1,825.6

2004

2,013.1

364.8

1,641.8

2,465.9 185.9 2,280.0

672.7

7,158.2

1,534.9

3,780.9 786.3 115.7 1,123.6 1,755.4 626.6 1,128.8

1,842.3

2005

2,210.4

400.0

1,750.4

2,553.3 224.4 2,328.9

777.2

7,691.3

1,638.2

3,950.5 834.7 105.6 1,170.4 1,839.8 637.4 1,202.4

2,102.7

2006

2,478.9

445.7

1,835.0

2,624.9 232.1 2,392.8

882.7

8,267.2

1,688.9

4,181.6 891.3 90.4 1,249.6 1,950.3 674.0 1,276.3

2,396.7

2007

2,270.5

510.5

2,396.4

3,143.1 333.5 2,809.5

852.4

9,172.9

2,181.4

4,299.4 785.5 126.8 1,357.0 2,030.1 700.6 1,329.5

2,692.2

2008

2,742.9

603.8

2,452.7

3,333.1 336.8 2,996.3

748.7

9,881.2

2,343.0

4,620.3 985.1 120.8 1,450.6 2,063.8 695.2 1,368.6

2,918.0

2009

2,998.3

651.1

2,601.6

3,301.4 321.7 2,979.6

811.3

10,363.7

2,655.3

4,786.2 1,157.9 111.9 1,404.2 2,112.2 687.4 1,424.7

2,922.3

2010

2,836.4

692.9

2,729.1

3,356.0 379.9 2,976.1

828.2

10,442.6

2,314.2

5,253.7 1,478.7 190.8 1,400.2 2,184.0 686.5 1,497.5

2,874.7

2011


53

238.7 259.0 1) 296.0 345.0 394.6 438.3 484.8 543.7 580.6 703.8 747.2 785.6 797.0 819.2 865.6 906.3

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

(2)

195.1 238.9 1) 268.9 276.6 283.3 295.9 302.8 281.4 287.5 228.6 242.6 245.3 240.3 231.7 222.2 214.6

Mortgage banks

1) Due to a reclassification in the database.

(1)

End of period

Commercial banks

TABLE B15: HOUSING MORTGAGES

Pension funds

35.6 41.1 50.3 59.2 62.7 73.8 83.6 91.2 113.4 126.4 138.1 155.6 184.4 207.6 219.1 253.1

(3)

33.8 40.0 49.0 61.1 73.3 72.0 68.5 62.3 57.4 53.6 59.1 71.7 88.5 91.2 96.3 102.8

(4)

Life insurance companies

Other

4.9 4.8 5.3 6.4 7.8 8.7 4.2 17.8 17.1 16.5 15.4 18.2 19.2 18.9 19.5 20.8

(5)

(6)

508.1 583.8 669.5 748.3 821.6 888.7 943.9 996.4 1,055.9 1,128.8 1,202.4 1,276.3 1,329.5 1,368.6 1,422.7 1,497.5

Total


54 2,971.3 1,066.3 1,153.2 751.8 187.6 371.6 3,530.5

2. Capital and liabilities a. Deposits - Demand - Time - Savings b. Other liabilities c. Capital and reserves 3) Total capital and liabilities

1) Corrected for allocated loan loss provisions. 2) Corrected for unearned income. 3) Including general (unallocated) reserves.

3,530.5

858.2 186.5 2,313.5 1,004.1 1,309.4 0.0 172.3

2006

Total assets

1. Assets a. Cash & due from banks b. Investments c. Loans - Commercial 1) - Individuals 2) - Government d. Other assets

End of period

3,733.1

3,122.5 1,146.7 1,178.4 797.4 193.3 417.3

3,733.1

959.6 166.8 2,418.7 1,030.1 1,388.4 0.2 188.0

2007

TABLE B16: COMMERCIAL BANKS - BALANCE SHEET

4,181.7

3,505.9 1,447.3 1,213.7 844.9 160.6 515.2

4,181.7

1,347.4 114.0 2,522.9 1,093.1 1,429.8 0.0 197.4

2008

4,305.6

3,595.3 1,619.7 1,059.8 915.8 154.7 555.6

4,305.6

1,469.8 154.0 2,502.0 1,045.2 1,456.8 0.0 179.8

2009

4,388.7

3,664.7 1,474.0 1,216.3 974.4 170.7 553.4

4,388.7

1,391.6 274.7 2,527.1 1,042.7 1,484.4 0.0 195.2

2010

4,319.5

3,517.8 1,586.8 930.7 1,000.3 222.6 579.1

4,319.5

1,217.2 311.1 2,600.6 1,070.7 1,529.9 0.0 190.7

2011 p


55 23.1 80.2

Net income

103.3

Net income before taxes Taxes

103.0

76.6 11.1 77.5 165.2

Expenses Salaries & employee benefits Additions to the loan loss provisions Other expenses Total expenses Net income before extraordinary items and taxes

178.3 89.9 268.2

Income Net interest margin Operating income Total income

2006

111.3

34.2

145.5

140.5

83.0 9.5 86.5 179.0

196.4 123.1 319.5

2007

88.9

27.7

116.6

111.8

84.7 13.8 92.2 190.7

191.8 110.7 302.5

2008

TABLE B17: COMMERCIAL BANKS - INCOME STATEMENT

74.4

28.9

103.3

100.6

83.0 22.9 88.8 194.7

187.2 108.1 295.3

2009

75.1

27.4

102.5

99.9

87.6 22.2 90.8 200.6

195.6 104.9 300.5

2010

88.2

31.0

119.2

113.6

93.7 15.0 85.1 193.8

204.8 102.6 307.4

2011 p


56

1) Large loans: all loans or lines of credit in excess of 15 percent of the insittution's test capital. 2) Weighted averages related to new loans granted during the indicated period.

a. Interest rate margin 2)

7.2

75.1 28.0 81.2

4. Liquidity a. Loans to deposits ratio b. Prudential liquidity ratio c. Liquid assets to short-term liabilities

5. Sensitivity to market risk

2.4 32.1 66.4 70.1

6.8

74.7 29.0 82.6

3.1 38.4 60.5 65.7

6.7 4.0 32.6 102.8

7.2

7.2

6.3 3.4 26.4 109.2

13.0

2007

13.5

3. Earnings and profitability a. Return on assets (after taxes) b. Return on equity (after taxes) c. Interest margin to gross income d. Noninterest expenses to gross income

d. Large loans to regulatory capital 1)

2. Asset quality a. Nonperforming loans to gross loans b. Nonperforming loans (net of allocated loan loss provisions) to gross loans c. Nonperforming loans (net of allocated loan loss provisions) to regulatory capital

1. Capital adequacy a. Risk-weighted capital asset ratio = regulatory capital ratio (Regulatory capital to risk-weighted assets) b. Tier 1 capital ratio

2006

TABLE B18: COMMERCIAL BANKS - CORE SET OF MACROPRUDENTIAL INDICATORS (End-of-period figures in percentages)

7.5

69.4 34.7 88.7

2.3 24.7 62.4 71.1

6.9 3.9 28.5 98.8

8.3

14.7

2008

7.2

67.1 30.1 71.5

1.8 17.4 62.8 75.0

7.9 4.5 27.4 77.1

10.6

17.8

2009

8.4

66.5 28.6 75.6

1.8 16.8 64.5 75.2

10.7 6.9 40.9 68.6

11.3

18.5

2010

7.9

71.1 26.1 62.0

2.1 19.4 66.0 71.6

8.3 5.0 29.5 68.8

11.7

18.8

2011 p


57

521.0

304.6 53.9 250.7 31.3 185.1 521.0

Total assets 2. Capital and liabilities a. Deposits - Demand - Time b. Other liabilities c. Capital and reserves 2) Total capital and liabilities

10.7

787.2

539.0 88.0 451.0 20.5 227.7

787.2

307.0 102.3 339.0 38.9

2007

31.8

606.4

365.6 133.3 232.3 23.7 217.1

606.4

293.8 183.4 110.3 18.9

2008

1) Corrected for allocated loan loss provisions. 2) Including unallocated loan loss provisions. 3)The calculation of the risk-weighted capital asset ratio cannot be derived from Table B19

60.4

311.3 0.0 186.5 23.2

1. Assets a. Cash & due from banks b. Investments c. Loans 1) d. Other assets

3. Risk-weighted capital asset ratio (percentage) 3) (Regulatory capital to risk-weighted assets)

2006

End of period

TABLE B19: OFFSHORE BANKS - BALANCE SHEET

29.7

556.2

180.9 12.1 168.8 30.5 344.8

556.2

67.6 52.4 97.7 338.5

2009

24.9

402.8

210.8 3.8 207.0 27.9 164.1

402.8

19.1 69.3 102.3 212.1

2010

34.0

218.3

57.9 12.4 45.5 27.5 132.9

218.3

19.0 52.2 60.1 87.0

2011 p


58 40.6

Net income before taxes

Net income

38.9

1.7

39.5

Net income before extraordinary items and taxes

Taxes

-20.0

Total expenses

-22.0

2.0

Expenses General expenses Additions to (release of) the loan provision

22.2 -2.7 19.5

Income Net interest margin Operating income Total income

2006

TABLE B20: OFFSHORE BANKS - INCOME STATEMENT

163.5

5.3

168.8

168.8

0.4

-2.5

2.9

14.0 155.2 169.2

2007

-10.7

0.0

-10.7

-12.6

7.0

-1.9

8.9

53.1 -58.7 -5.6

2008

20.7

0.0

20.7

15.0

98.4

1.3

97.1

50.4 63.0 113.4

2009

-179.2

0.0

-179.2

-204.0

3.9

-0.8

4.7

17.4 -217.5 -200.1

2010

52.5

0.1

52.6

11.5

0.9

-2.1

3.0

11.9 0.5 12.4

2011 p


59

41.8 5.2 439.3 81.4 355.1 2.8 57.3 543.6

15.3 249.2 212.6 0.0 36.6 64.9 214.2 543.6

1. Assets a. Cash & due from banks b. Investments c. Loans - Commercial 1) - Individuals 2) - Government d. Other assets

Total assets

2. Capital and liabilities a. Deposits b. Borrowings - Commercial - Individuals - Government c. Other liabilities d. Capital and reserves 3)

Total capital and liabilities

1) Corrected for allocated loan loss provisions. 2) Corrected for unearned income. 3) Including general (unallocated) reserves.

2001

End of period

564.4

17.9 250.7 214.1 0.0 36.6 93.5 202.3

564.4

68.2 4.7 428.4 285.2 143.2 0.0 63.1

2002

620.6

21.9 322.5 285.9 0.0 36.6 66.2 210.0

620.6

78.8 9.1 439.1 68.0 371.1 0.0 93.6

2003

TABLE B21: BANK-LIKE INSTITUTIONS - BALANCE SHEET

645.0

24.5 332.5 295.9 0.0 36.6 72.9 215.1

645.0

75.9 12.6 443.1 88.1 355.0 0.0 113.4

2004

603.9

0.0 323.2 271.6 0.0 51.6 73.9 206.8

603.9

64.3 12.0 413.2 117.1 296.1 0.0 114.4

2005

600.6

0.0 354.5 296.9 0.0 57.6 35.7 210.4

600.6

48.5 23.7 420.0 103.9 316.1 0.0 108.4

2006

656.1

0.0 385.8 321.2 0.0 64.6 34.8 235.5

656.1

33.8 28.0 474.4 144.5 329.9 0.0 119.9

2007

689.3

0.0 404.8 328.7 6.5 69.6 35.0 249.5

689.3

43.7 25.6 495.5 167.1 328.4 0.0 124.5

2008

709.0

0.0 401.3 322.8 6.9 71.6 37.2 270.5

709.0

59.1 24.9 486.2 162.3 323.9 0.0 138.8

2009

689.7

0.0 371.2 282.7 6.9 81.6 31.4 287.1

689.7

47.0 24.1 469.2 150.1 319.1 0.0 149.4

2010

710.6

0.0 377.0 257.4 7.0 112.6 29.9 303.7

710.6

39.1 55.1 470.5 152.2 318.3 0.0 145.9

2011 p


60 5.8 2.1 3.7

Net income before taxes

Taxes

Net income

14.3

10.9 8.2 10.4 29.5

Expenses Salaries & employee benefits Additions to the loan loss provisions Other expenses Total expenses

Net income before extraordinary items, result subsidiaries, and taxes

33.6 10.2 43.8

Income Net interest margin Operating income Total income

2001

-1.4

4.8

3.4

21.9

11.6 3.7 10.0 25.3

38.4 8.8 47.2

2002

9.2

5.6

14.8

19.4

11.5 2.4 11.3 25.2

35.9 8.7 44.6

2003

TABLE B22: BANK-LIKE INSTITUTIONS - INCOME STATEMENT

9.7

5.3

15.0

15.0

12.9 2.6 13.7 29.2

31.4 12.8 44.2

2004

13.5

3.5

17.0

17.0

11.4 1.5 14.5 27.4

27.4 17.0 44.4

2005

12.3

3.8

16.1

16.1

12.9 3.6 14.9 31.4

32.0 15.5 47.5

2006

24.4

2.8

27.2

21.2

13.3 0.7 17.2 31.2

34.0 18.4 52.4

2007

13.8

1.8

15.6

14.9

14.2 7.1 16.6 37.9

37.2 15.6 52.8

2008

20.0

1.9

21.9

19.9

15.7 8.3 17.4 41.4

40.1 21.2 61.3

2009

16.1

0.5

16.6

14.3

15.3 11.7 18.2 45.2

39.6 19.9 59.5

2010

17.2

0.0

17.2

17.2

17.1 4.3 22.5 43.9

42.0 19.1 61.1

2011 p


61 1.6 4.6 89.6 77.3

3. Earnings and profitability a. Return on assets (after taxes) b. Return on equity (after taxes) c. Interest margin to gross income d. Noninterest expenses to gross income

54.5

58.9

2003

9.8 7.6 17.6

-0.3 -0.7 133.9 105.0

65.0

52.6

0.7 1.9 95.4 89.5

54.2

57.9

2002

2. Asset quality a. Nonperforming loans to gross loans b. Nonperforming loans (net of allocated loan loss provisions) to gross loans c. Nonperforming loans (net of allocated loan loss provisions) to regulatory capital

1. Capital adequacy a. Risk-weighted capital asset ratio = regulatory capital ratio (Regulatory capital to risk-weighted assets) b. Tier 1 capital ratio

2001

TABLE B23: BANK-LIKE INSTITUTIONS - CORE SET OF MACROPRUDENTIAL INDICATORS (End-of-period figures in percentages)

1.6 4.8 71.1 78.2

6.2 4.4 9.9

41.9

47.2

2004

2.2 6.9 61.7 69.5

6.7 5.6 12.2

39.1

45.0

2005

2.1 6.4 67.4 74.1

7.8 6.7 14.7

40.0

46.3

2006

4.0 11.8 58.3 58.2

7.4 6.6 15.6

36.0

41.8

2007

2.1 6.2 69.5 74.1

8.5 6.9 15.4

41.0

47.5

2008

3.0 8.4 63.2 68.4

13.6 10.9 21.4

40.2

47.7

2009

2.4 6.2 64.1 74.0

19.2 15.2 27.1

44.9

51.5

2010

2.5 6.2 68.8 71.9

13.1 8.8 14.5

49.1

55.9

2011 p


62 17 9 3 10 39

Total

2001

Nonlife insurance companies Life insurance companies Captive insurance companies Company pension funds

End of period

33

12 8 2 11

2002

33

12 8 2 11

2003

35

14 8 2 11

2004

35

13 8 3 11

2005

TABLE B24: NUMBER OF SUPERVISED INSTITUTIONS WITHIN THE INSURANCE SECTOR

36

13 8 4 11

2006

35

13 7 4 11

2007

35

13 7 4 11

2008

35

13 7 4 11

2009

34

13 7 4 10

2010

33

12 6 4 11

2011


63

Total capital and liabilities

CAPITAL AND LIABILITIES 6. Technical provisions 7. Long-term liabilities 8. Due to affiliated companies 9. Current liabilities 10. Capital and reserves 125.7

47.2 0.0 17.6 9.9 51.0

125.7

77.3 0.1 30.4 45.6 1.1 0.1 0.6 19.6 28.2 0.0

ASSETS 1. Investments a. Shares b. Bonds c. Time deposits d. Loans e. Other investments 2. Fixed assets 3. Due from affiliated companies 4. Current assets 5. Intangible assets

Total assets

2001

End of period

139.2

50.1 0.0 20.4 12.7 56.0

139.2

76.2 0.1 38.4 35.2 2.3 0.2 0.5 22.8 39.7 0.0

2002

173.1

54.2 0.0 39.3 12.2 67.4

173.1

81.7 0.1 42.2 37.0 2.2 0.2 0.4 26.8 64.2 0.0

2003

161.0

58.3 0.0 33.3 16.6 52.8

161.0

91.8 0.1 51.5 38.2 1.8 0.2 1.1 20.6 46.5 1.0

2004

TABLE B25: NONLIFE INSURANCE COMPANIES - BALANCE SHEET

161.6

47.1 0.0 44.3 15.0 55.2

161.6

95.9 0.1 51.4 42.9 1.2 0.3 1.4 19.3 44.3 0.7

2005

188.2

51.2 0.0 60.0 10.8 66.2

188.2

118.8 0.1 61.1 45.1 10.6 1.9 1.7 20.0 47.3 0.4

2006

217.7

54.8 0.0 72.4 10.5 80.0

217.7

140.6 0.5 69.4 54.6 13.9 2.2 1.5 23.4 52.0 0.2

2007

215.6

68.4 0.0 81.1 11.5 54.6

215.6

124.3 0.4 57.2 62.4 4.3 0.0 2.7 32.6 56.0 0.0

2008

236.8

68.2 0.0 99.3 11.3 58.0

236.6

137.1 0.4 62.4 69.9 4.5 0.0 3.0 34.1 62.4 0.0

2009

248.9

61.7 0.0 113.1 11.0 63.1

248.9

154.7 0.4 72.1 78.0 4.2 0.0 3.5 32.4 58.3 0.0

2010


64 9.1

Net income

11.4

Net income before taxes 2.3

21.9 0.0 12.9 14.6 0.0 0.1 0.0 49.5

Expenses Net claims Change in technical provisions Commissions Management expenses Extraordinary items Policyholders' dividends Other expenses Total expenses

Taxes

56.8 5.3 -1.2 60.9

Income Net premiums Investment income Other income Total income

2001

7.9

2.3

10.2

21.2 -0.3 13.0 15.4 0.0 -0.2 2.0 51.1

56.5 6.0 -1.2 61.3

2002

11.7

2.2

13.9

22.9 1.2 13.3 11.8 -0.4 -0.1 1.2 49.9

60.1 5.6 -1.9 63.8

2003

4.8

2.7

7.5

27.5 -0.7 13.4 15.9 0.0 0.0 1.0 57.1

61.6 5.4 -2.4 64.6

2004

12.6

2.5

15.1

24.0 0.0 11.5 14.6 -2.6 0.0 0.3 47.8

55.6 4.9 2.4 62.9

2005

TABLE B26: NONLIFE INSURANCE COMPANIES - INCOME STATEMENT

10.1

3.0

13.1

24.0 0.0 10.9 17.1 1.3 0.0 -1.1 52.2

57.4 5.7 2.2 65.3

2006

7.1

2.0

9.1

24.8 0.0 12.8 18.4 0.0 0.0 0.3 56.3

55.5 7.1 2.8 65.4

2007

2.7

2.1

4.8

29.8 0.0 13.6 21.0 0.0 0.0 0.1 64.5

61.7 7.8 -0.2 69.3

2008

8.0

0.9

8.9

29.4 0.0 14.0 23.4 0.0 0.0 -0.1 66.7

68.4 9.0 -1.8 75.6

2009

11.8

1.6

13.4

25.3 0.0 15.3 23.3 0.0 0.0 0.0 63.9

70.6 7.8 -1.1 77.3

2010


65 2.46

3. Coverage ratio 1) Weighted assets less borrowings to technical provisions

1) The calculation of the coverage ratio cannot be derived from Table B25.

0.10

0.22

1. Liquidity ratio Current assets to total assets

2. Return on investments ratio Investment income to average invested assets

2001

End of period

2.59

0.08

0.28

2002

TABLE B27: NONLIFE INSURANCE COMPANIES - FINANCIAL RATIOS

3.04

0.07

0.37

2003

2.54

0.06

0.29

2004

2.95

0.05

0.27

2005

3.06

0.05

0.25

2006

3.10

0.05

0.24

2007

2.87

0.06

0.26

2008

2.95

0.07

0.26

2009

3.75

0.05

0.23

2010


66

2001

5.4 35.6 0.8 13.3 1.7 56.8

End of period

Accident and health Motor vehicle Marine, transport and aviation Property Other

Total

56.5

5.5 33.5 1.0 14.2 2.3

2002

60.1

6.0 34.5 1.2 15.6 2.8

2003

61.6

6.7 34.5 0.3 16.3 3.8

2004

55.6

6.8 32.2 0.2 14.2 2.2

2005

57.4

6.7 34.0 0.2 14.7 1.8

2006

TABLE B28: NONLIFE INSURANCE COMPANIES - NET EARNED PREMIUM BY INDEMNITY GROUP

55.5

7.2 32.9 0.3 13.0 2.1

2007

61.7

7.1 34.7 0.3 16.9 2.7

2008

68.8

7.1 38.2 0.5 19.9 3.1

2009

70.6

7.174 37.5 0.501 22.6 2.8

2010


67

5.4 2.1 -0.5 7.0

0.9 -0.1 1.2 1.5 0.1 0.0 0.0 3.6 3.4

Income Net earned income premiums Investment income Other income Total income

Expenses Net claims incurred Changes in other technical provisions Commissions and other acquisition costs General and administrative expenses Policyholders' dividend Other expenditures Extraordinary results Total expenses

Net income before taxes

End of period

3.7

17.7 0.1 7.8 7.9 0.0 0.0 0.0 33.5

35.6 2.0 -0.4 37.2

2001 Accident Motor and vehicle health

0.3

0.0 0.1 0.1 0.3 0.0 0.0 0.0 0.5

0.8 0.0 0.0 0.8

3.2

3.4 -0.1 3.5 4.0 0.0 0.0 0.0 10.8

13.3 0.9 -0.2 14.0

Marine, Property Other transport and aviation

0.8

-0.1 0.0 0.3 0.9 0.0 0.0 0.0 1.1

1.7 0.3 -0.1 1.9

Total

11.4

21.9 0.0 12.9 14.6 0.1 0.0 0.0 49.5

56.8 5.3 -1.2 60.9

2.4

1.3 0.0 1.3 1.4 -0.2 0.3 0.0 4.1

5.5 1.5 -0.5 6.5

3.9

15.6 -0.2 7.4 7.6 0.0 1.4 0.0 31.8

33.5 2.6 -0.4 35.7

2002 Accident Motor and vehicle health

TABLE B29: NONLIFE INSURANCE COMPANIES - INCOME STATEMENT BY INDEMNITY GROUP

0.0

0.6 -0.2 0.3 0.3 0.0 0.0 0.0 1.0

1.0 0.0 0.0 1.0

3.9

3.2 0.1 3.7 4.0 0.0 0.3 0.0 11.3

14.2 1.2 -0.2 15.2

Marine, Property Other transport and aviation

0.0

0.5 0.0 0.3 2.1 0.0 0.0 0.0 2.9

2.3 0.7 -0.1 2.9

Total

10.2

21.2 -0.3 13.0 15.4 -0.2 2.0 0.0 51.1

56.5 6.0 -1.2 61.3


68

6.0 1.4 -0.7 6.7

0.9 0.0 1.4 1.1 -0.1 0.2 -0.3 3.2 3.5

Income Net earned income premiums Investment income Other income Total income

Expenses Net claims incurred Changes in other technical provisions Commissions and other acquisition costs General and administrative expenses Policyholders' dividend Other expenditures Extraordinary results Total expenses

Net income before taxes

End of period

2.8

17.6 0.1 8.0 6.7 0.0 0.8 0.0 33.2

34.5 2.2 -0.7 36.0

2003 Accident Motor and vehicle health

0.3

0.3 0.0 0.3 0.3 0.0 0.0 0.0 0.9

1.2 0.0 0.0 1.2

4.3

3.8 1.1 3.2 3.9 0.0 0.2 0.0 12.2

15.6 1.3 -0.4 16.5

Marine, Property Other transport and aviation

3.0

0.3 0.0 0.4 -0.2 0.0 0.0 -0.1 0.4

2.8 0.7 -0.1 3.4

Total

13.9

22.9 1.2 13.3 11.8 -0.1 1.2 -0.4 49.9

60.1 5.6 -1.9 63.8

3.5

1.3 0.0 0.8 1.4 0.0 0.1 0.0 3.6

6.7 1.4 -1.0 7.1

2.5

17.8 0.1 7.8 7.0 0.0 0.6 0.0 33.3

34.5 2.1 -0.8 35.8

2004 Accident Motor and vehicle health

TABLE B29: NONLIFE INSURANCE COMPANIES - INCOME STATEMENT BY INDEMNITY GROUP (continued)

-0.2

0.3 0.0 0.0 0.2 0.0 0.0 0.0 0.5

0.3 0.0 0.0 0.3

2.3

6.9 -0.8 4.0 4.4 0.0 0.3 0.0 14.8

16.3 1.3 -0.5 17.1

Marine, Property Other transport and aviation

-0.6

1.2 0.0 0.8 2.9 0.0 0.0 0.0 4.9

3.8 0.6 -0.1 4.3

Total

7.5

27.5 -0.7 13.4 15.9 0.0 1.0 0.0 57.1

61.6 5.4 -2.4 64.6


69

6.8 0.9 -0.3 7.4

1.4 0.0 0.9 1.4 0.0 0.0 -5.4 -1.7 9.1

Income Net earned income premiums Investment income Other income Total income

Expenses Net claims incurred Changes in other technical provisions Commissions and other acquisition costs General and administrative expenses Policyholders' dividend Other expenditures Extraordinary results Total expenses

Net income before taxes

End of period

2.3

19.9 0.0 6.5 6.1 0.0 0.2 0.0 32.7

32.2 2.0 0.8 35.0

2005 Accident Motor and vehicle health

0.0

0.1 0.0 0.1 0.1 0.0 0.0 0.0 0.3

0.2 0.1 0.0 0.3

7.0

2.5 0.0 2.9 3.8 0.0 0.1 0.0 9.3

14.2 1.2 0.9 16.3

Marine, Property Other transport and aviation

-3.3

0.1 0.0 1.1 3.2 0.0 0.0 2.8 7.2

2.2 0.7 1.0 3.9

Total

15.1

24.0 0.0 11.5 14.6 0.0 0.3 -2.6 47.8

55.6 4.9 2.4 62.9

2.3

1.7 0.0 0.9 2.4 0.0 -0.2 0.0 4.8

6.7 0.5 -0.1 7.1

3.3

20.5 0.0 5.9 8.3 0.0 -0.7 0.0 34.0

34.0 2.6 0.7 37.3

2006 Accident Motor and vehicle health

TABLE B29: NONLIFE INSURANCE COMPANIES - INCOME STATEMENT BY INDEMNITY GROUP (continued)

0.0

0.0 0.0 0.0 0.2 0.0 0.0 0.0 0.2

0.2 0.0 0.0 0.2

6.6

2.5 0.0 3.5 4.9 0.0 -0.2 0.0 10.7

14.7 1.8 0.8 17.3

Marine, Property Other transport and aviation

1.0

-0.8 0.0 0.6 1.4 0.0 0.0 1.3 2.5

1.8 0.8 0.9 3.5

Total

13.2

23.9 0.0 10.9 17.2 0.0 -1.1 1.3 52.2

57.4 5.7 2.3 65.4


70

7.2 0.5 0.0 7.7

1.4 0.0 0.8 2.3 0.0 0.0 0.0 4.5 3.2

Income Net earned income premiums Investment income Other income Total income

Expenses Net claims incurred Changes in other technical provisions Commissions and other acquisition costs General and administrative expenses Policyholders' dividend Other expenditures Extraordinary results Total expenses

Net income before taxes

End of period

2.6

19.3 0.0 6.1 8.5 0.0 0.2 0.0 34.1

32.9 3.2 0.6 36.7

2007 Accident Motor and vehicle health

-0.2

0.2 0.0 0.1 0.2 0.0 0.0 0.0 0.5

0.3 0.0 0.0 0.3

2.7

3.5 0.0 4.4 5.3 0.0 0.1 0.0 13.3

13.0 2.2 0.8 16.0

Marine, Property Other transport and aviation

0.8

0.4 0.0 1.4 2.1 0.0 0.0 0.0 3.9

2.1 1.2 1.4 4.7

Total

9.1

24.8 0.0 12.8 18.4 0.0 0.3 0.0 56.3

55.5 7.1 2.8 65.4

2.6

1.6 0.0 0.8 2.4 0.0 0.1 0.0 4.9

7.1 0.5 -0.1 7.5

-0.1

20.7 0.0 7.1 10.8 0.0 0.0 0.0 38.6

34.7 3.5 0.3 38.5

2008 Accident Motor and vehicle health

TABLE B29: NONLIFE INSURANCE COMPANIES - INCOME STATEMENT BY INDEMNITY GROUP (continued)

-0.1

0.2 0.0 0.1 0.2 0.0 0.0 0.0 0.5

0.3 0.1 0.0 0.4

2.9

5.9 0.0 4.4 6.0 0.0 0.0 0.0 16.3

16.9 2.5 -0.2 19.2

Marine, Property Other transport and aviation

-0.5

1.4 0.0 1.2 1.6 0.0 0.0 0.0 4.2

2.7 1.2 -0.2 3.7

Total

4.8

29.8 0.0 13.6 21.0 0.0 0.1 0.0 64.5

61.7 7.8 -0.2 69.3


71

7.2 0.8 -0.3 7.7

2.1 0.0 0.9 2.3 0.0 0.0 0.0 5.3 2.4

Income Net earned income premiums Investment income Other income Total income

Expenses Net claims incurred Changes in other technical provisions Commissions and other acquisition costs General and administrative expenses Policyholders' dividend Other expenditures Extraordinary results Total expenses

Net income before taxes

End of period

1.0

22.3 0.0 6.4 11.9 0.0 -0.1 0.0 40.5

38.1 4.2 -0.8 41.5

2009 Accident Motor and vehicle health

-0.2

0.4 0.0 0.0 0.3 0.0 0.0 0.0 0.7

0.5 0.0 0.0 0.5

4.6

5.1 0.0 5.2 6.9 0.0 0.0 0.0 17.2

20.0 2.7 -0.9 21.8

Marine, Property Other transport and aviation

1.5

-0.3 0.0 1.3 1.6 0.0 0.0 0.0 2.6

3.1 1.2 -0.2 4.1

Total

9.3

29.6 0.0 13.8 23.0 0.0 -0.1 0.0 66.3

68.9 8.9 -2.2 75.6

2.4

2.0 0.0 1.0 2.6 0.0 0.0 0.0 5.6

7.2 0.8 0.0 8.0

4.1

17.4 0.0 6.5 11.8 0.0 0.0 0.0 35.7

37.5 3.4 -1.1 39.8

2010 Accident Motor and vehicle health

TABLE B29: NONLIFE INSURANCE COMPANIES - INCOME STATEMENT BY INDEMNITY GROUP (continued)

0.4

-0.1 0.0 0.2 0.3 0.0 0.0 0.0 0.4

0.5 1.4 -1.1 0.8

4.9

5.6 0.0 6.3 7.2 0.0 0.0 0.0 19.1

22.6 1.0 0.3 24.0

Marine, Property Other transport and aviation

1.6

0.4 0.0 1.4 1.4 0.0 0.0 0.0 3.2

2.8 1.2 0.8 4.8

Total

13.4

25.3 0.0 15.3 23.3 0.0 0.0 0.0 63.9

70.6 7.8 -1.1 77.3


72

2001

247.1 1.9 112.9 7.8 37.5 72.5 14.5 0.2 222.4 42.7 512.4

255.0 0.4 182.2 17.8 57.0 512.4

End of period

ASSETS 1. Investments a. Shares b. Bonds c. Real estate d. Time deposits e. Mortgage loans f. Other loans 2. Fixed assets 3. Due from affiliated companies 4. Current assets

Total assets

CAPITAL AND LIABILITIES 5. Technical provisions 6. Long-term liabilities 7. Due to affiliated companies 8. Current liabilities 9. Capital and reserves

Total capital and liabilities

364.8

267.4 0.4 19.7 19.1 58.2

364.8

243.4 3.7 100.6 20.8 37.7 67.4 13.2 0.3 77.4 43.7

2002

402.2

294.5 0.4 26.8 19.7 60.8

402.2

296.7 4.8 112.0 14.3 86.4 60.9 18.3 0.5 68.4 36.6

2003

398.8

324.9 0.0 1.4 22.3 50.2

398.8

309.1 5.1 132.4 14.0 67.3 55.5 34.8 0.4 16.9 72.4

2004

TABLE B30: LIFE INSURANCE COMPANIES - BALANCE SHEET

451.5

364.6 0.0 5.0 22.1 59.8

451.5

373.2 2.6 190.1 14.0 53.7 72.9 39.9 0.4 19.4 58.5

2005

492.3

400.9 0.0 5.4 19.0 67.0

492.3

397.9 2.9 219.5 10.3 64.8 59.1 41.3 7.4 22.5 64.5

2006

550.1

444.3 0.8 6.5 23.4 75.1

550.1

456.8 2.8 247.6 10.3 72.6 72.6 50.9 8.2 20.0 65.1

2007

618.1

500.6 1.1 16.8 30.4 69.2

618.1

489.7 2.1 250.1 10.1 93.7 89.7 44.0 5.8 22.3 100.3

2008

708.2

531.4 1.0 17.7 43.8 114.3

708.2

583.2 5.0 316.1 0.1 119.2 97.7 45.1 5.2 72.7 47.1

2009

789.8

586.6 1.0 38.1 39.3 124.8

789.8

619.3 22.6 327.1 0.1 115.1 102.8 51.6 4.6 49.9 116.0

2010


73 8.5 2.6 5.9

Taxes

Net income

15.3 25.0 3.7 7.7 0.0 3.4 6.1 61.2

Expenses Net claims Change in technical provisions Commissions Management expenses Extraordinary items Policyholders' dividends Other expenses Total expenses

Net income before taxes

45.8 21.9 2.0 69.7

Income Net premiums Investment income Other income Total income

2001

5.9

3.1

9.0

31.1 9.8 3.7 7.7 0.0 3.1 4.6 60.0

47.2 21.4 0.4 69.0

2002

4.4

2.1

6.5

19.9 27.9 4.5 9.4 -0.2 3.3 3.1 67.9

50.3 23.4 0.7 74.4

2003

7.4

6.9

14.3

21.4 34.7 4.6 8.1 0.0 2.9 1.7 73.4

61.0 22.7 4.0 87.7

2004

TABLE B31: LIFE INSURANCE COMPANIES - INCOME STATEMENT

8.8

-4.2

4.6

26.9 39.4 5.1 12.8 0.0 2.5 2.0 88.7

70.8 21.9 0.6 93.3

2005

5.4

1.3

6.7

27.3 34.2 5.0 12.5 0.0 2.7 0.7 82.4

62.1 26.1 0.9 89.1

2006

16.3

2.8

19.1

38.4 41.0 4.9 14.3 0.0 3.5 0.9 103.0

88.8 29.3 4.0 122.1

2007

10.0

1.9

11.9

30.4 65.5 4.9 16.9 0.0 3.4 2.8 123.9

101.8 31.1 2.9 135.8

2008

26.0

1.0

27.0

39.9 25.9 4.5 17.8 0.0 2.0 0.9 91.0

75.4 37.4 5.2 118.0

2009

10.8

2.0

12.8

38.8 52.6 4.0 17.9 -0.3 1.4 6.2 120.6

91.1 39.7 2.6 133.4

2010


74 1.91

3. Coverage ratio 1) Weighted assets less borrowings to technical provisions

1) The calculation of the coverage ratio cannot be derived from Table B30.

0.08

0.08

1. Liquidity ratio Current assets to total assets

2. Return on investments ratio Investment income to average invested assets

2001

End of period

TABLE B32: LIFE INSURANCE COMPANIES - FINANCIAL RATIOS

1.32

0.09

0.12

2002

1.34

0.09

0.09

2003

1.17

0.07

0.18

2004

1.19

0.06

0.13

2005

1.18

0.07

0.13

2006

1.19

0.07

0.12

2007

1.19

0.07

0.16

2008

1.18

0.07

0.07

2009

1.30

0.07

0.15

2010


75

2001

148.3 53.0 37.1 6.0 26.0 17.6 8.6 0.0 9.3 157.6

136.4 0.8 1.9 18.5 157.6

End of period

ASSETS 1. Investments a. Shares b. Bonds c. Real estate d. Time deposits e. Mortage loans f. Other investments 2. Fixed assets 3. Current assets

Total assets

CAPITAL AND LIABILITIES 4. Technical provisions 5. Long-term liabilities 6. Current liabilities 7. Capital and reserves

Total capital and liabilities

161.0

141.5 0.7 2.5 16.3

161.0

149.0 41.3 41.1 6.5 30.9 20.5 8.7 0.0 12.0

2002

182.9

159.4 0.8 2.5 20.2

182.9

168.0 43.1 48.3 6.5 39.7 14.8 15.6 0.0 14.9

2003

TABLE B33: COMPANY PENSION FUNDS - BALANCE SHEET

200.2

172.2 0.2 3.1 24.7

200.2

182.2 47.8 53.6 6.5 37.1 13.7 23.5 0.0 18.0

2004

213.0

181.7 0.3 1.5 29.5

213.0

192.0 52.4 57.7 9.6 36.0 13.6 22.7 0.0 21.0

2005

235.0

195.2 0.2 2.3 37.3

235.0

219.7 55.9 72.0 9.6 40.7 15.0 26.5 0.0 15.3

2006

254.8

216.4 0.2 2.0 36.2

254.8

238.7 62.9 85.8 9.6 36.3 15.8 28.3 0.0 16.1

2007

215.1

193.5 0.2 3.6 17.8

215.1

197.8 49.7 75.5 10.3 16.8 16.2 29.3 0.0 17.3

2008

240.9

209.0 0.2 2.0 29.7

240.9

221.3 55.0 89.9 13.0 18.3 17.9 27.2 0.0 19.6

2009

262.7

224.2 0.1 1.6 36.8

262.7

229.9 65.3 97.7 12.6 15.7 18.4 20.2 0.0 32.8

2010


76

9.2 -2.6 1.2 7.8

12.5 4.1 1.1 1.0 0.0 18.7 -10.9

Income Premium income Investment income Other income Total income

Expenses Change in technical provisions Pension benefits paid Reinsurance net Management expenses Other expenses Total expenses

Net result

2001

-10.0

13.1 4.3 0.8 1.4 0.0 19.6

9.7 -0.7 0.6 9.6

2002

4.1

15.4 4.3 1.3 1.3 0.0 22.3

9.9 16.5 0.0 26.4

2003

4.6

12.8 4.8 1.2 1.3 0.0 20.1

11.5 12.5 0.7 24.7

2004

TABLE B34: COMPANY PENSION FUNDS - INCOME STATEMENT

4.4

12.9 5.1 0.5 1.6 0.6 20.7

11.3 13.7 0.1 25.1

2005

7.7

14.4 5.6 0.4 1.6 0.0 22.0

11.6 17.6 0.5 29.7

2006

-1.2

21.5 6.2 0.6 2.0 0.0 30.3

12.4 16.2 0.5 29.1

2007

-18.2

3.3 6.8 0.4 1.8 0.3 12.6

12.7 -18.3 0.0 -5.6

2008

11.9

15.4 7.2 0.7 1.8 0.2 25.3

13.5 23.7 0.0 37.2

2009

7.1

15.3 7.8 0.3 2.0 0.9 26.3

14.6 18.8 0.0 33.4

2010


77 1.07

3. Coverage ratio 1) Investments & cash minus cushion to technical provisions

1) The calculation of the coverage ratio cannot be derived from Table B33.

-0.02

0.06

1. Liquidity ratio Current assets to total assets

2. Return on investments ratio Investment income to average invested assets

2001

End of period

TABLE B35: COMPANY PENSION FUNDS - FINANCIAL RATIOS

1.03

-0.01

0.07

2002

1.05

0.10

0.08

2003

1.07

0.07

0.09

2004

1.08

0.07

0.10

2005

1.12

0.09

0.06

2006

1.09

0.07

0.06

2007

1.03

-0.08

0.08

2008

1.07

0.11

0.08

2009

1.09

0.08

0.12

2010


78 12.7

0.3 0.5 11.9 12.7

2. Capital and liabilities a. Non current liabilities b. Current liabilities c. Equity Total capital and liabilities

0.6 6.8 5.3

2006

Total assets

1. Assets a. Non current assets b. Current assets c. Cash and Banks

End of period

13.4

0.2 1.9 11.4

13.4

0.5 6.1 6.8

2007

15.1

0.2 2.4 12.5

15.1

0.4 5.6 9.1

2008

TABLE B36 : MONEY TRANSFER COMPANIES - BALANCE SHEET

15.8

0.2 1.7 13.8

15.8

0.3 6.1 9.3

2009

16.9

0.2 1.5 15.3

16.9

0.5 6.5 9.9

2010

17.9

0.0 1.3 16.6

17.9

0.2 7.2 10.5

2011 p


79 4.3 1.2 3.1

Net income before taxation Taxes Net income after taxes

4.3

Result from operations 0.0 0.0

1.7 1.4 0.2 3.3

Other expenses Salaries & employee benefits General expenses Other expenses Total other expenses

Interest income (expenses) Other income (losses)

6.2 1.4 7.6

Gross margin Gross margin money transfer Gross margin other activities Total gross margin

2006

3.5

0.0

3.5

0.0 0.0

3.5

2.1 1.7 0.2 4.0

6.4 1.1 7.5

2007

3.0

0.0

3.0

0.0 0.0

3.0

2.3 1.9 0.2 4.4

6.3 1.1 7.4

2008

2.9

0.0

2.9

0.0 0.0

2.9

2.4 1.9 0.2 4.4

6.3 1.1 7.4

2009

TABLE B37: MONEY TRANSFER COMPANIES - INCOME STATEMENT

1.3

0.6

1.9

0.0 0.1

1.8

2.4 1.9 0.2 4.4

5.4 0.8 6.2

2010

1.8

0.0

1.8

0.0 0.1

1.8

2.0 1.4 0.1 3.5

4.7 0.6 5.3

2011 p


Money

80

Quasi‐money

Broad money

2011

2011 2011

2009

2008

2007

2006

2005

2011

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

1987

1986

2010

‐500 2010

500 2010

1,500

2010

2,500 2009

Chart B4: Money supply 2009

3,500

2009

Total

2008

‐200 2008

300

2008

800 2007

1,300

2007

Chart B3: Net foreign assets

2007

Net foreign assets

2006

0

2006

500

2006

1,000

2005

1,500

2005

Chart B2: Net domestic and net foreign assets (excluding revaluation differences)

2005

2004

2003

2002

2,000

2004

2003

2002

2001

2000

Total currency

2004

2003

Commercial banks

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

1987

1986

In Afl. million

Coins

2001

2000

1999

Net domestic assets

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

1987

1986

In Afl. million

Bank notes

1998

1997

CBA

1996

1995

1994

1993

1992

1991

1990

1989

1988

1987

1986

In Afl. million In Afl. million

Chart B1: Florin currency issued

300 200

100

0


Chart B5: Commercial loans banking sector

In Afl. million

1,500 1,000 500

2010 2010

2011

2009 2009

2007 2007

2008

2006 2006

2008

2005 2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

0

Chart B6: Loans to individuals  Banking sector  

In Afl. million

2,000

1,000

Consumer credit

2011

2004

2003

2002

2001

2000

1999

Housing mortgages

Total

Chart B7: Housing mortgages  financial sector 

2000 In Afl. million

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

1988

0

1000

Commercial banks

Mortgage banks

Pension funds

Life insurance companies

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

0

Other

Chart B8: Development coverage ratio nonlife insurance companies 400 200 0 2001

2002

2003

2004

2005

2006

Coverage ratio nonlife insurance companies

81

2007

2008

2009

2010

Minimum required coverage ratio


Chart B9: Net earned premium by indemnity group general insurance companies 60.0 40.0 20.0 0.0 2006

2007

Accident and health

2008

Motor vehicle

2009

Marine, transport and aviation

2010 Property

Other

Total

Chart B10: Development coverage ratio company pension funds 110 100 90 2001

2002

2003

2004

2005

2006

Coverage ratio company pension funds

2007

2008

2009

2010

Minimum required coverage ratio

Chart B11: Development coverage ratio  life insurance companies 210 190 170 150 130 110 90 2001

2002

2003

2004

2005

2006

Coverage ratio life insurance companies

2007

2008

2009

Minimum required coverage ratio

Chart B12: Development nonperforming loans (gross) to total gross loans commercial banks In percent

In Afl. millions 

80.0

9.0

4.0 I

II 2007

III

2008

2009

82

2010

IV 2011

2010


Chart B13: Development nonperforming loans (gross) to total gross loans  commercial banks

9

2011 ‐ IV

2011 ‐ III

2011 ‐ II

2011 ‐ I

2010 ‐ IV

2010 ‐ III

2010 ‐ II

2010 ‐ I

2009 ‐ IV

2009 ‐ III

2009 ‐ II

2009 ‐ I

2008 ‐ IV

2008 ‐ III

2008 ‐ II

Chart B14: Development nonperforming loans (gross)  to total gross loans by category  commercial banks

40

Commercial term loans Other individual loans

2011 ‐ IV

2011 ‐ III

2011 ‐ II

2011 ‐ I

2010 ‐ IV

2010 ‐ III

2010 ‐ II

2010 ‐ I

2009 ‐ IV

2009 ‐ III

2009 ‐ II

2009 ‐ I

2008 ‐ IV

Commercial current accounts Housing mortgage loans

2008 ‐ III

2008 ‐ II

2008 ‐ I

2007 ‐ III

2007 ‐ II

2007 ‐ I

0

2007 ‐ IV

20

Commercial mortgage loans

Chart B15: Development nonperforming loans (gross) to total gross loans bank‐like institutions

In percent

25 20 15 10 5 0 I

2007

II

2008

2009

III

2010

IV

2011

Chart B16: Development nonperforming loans (gross) to total gross loans by category  bank‐like institutions

Commercial Term Loans Individual Other

Commercial Mortgages Total

83

Housing Mortgages

2011 ‐ IV

2011 ‐ III

2011 ‐ II

2011 ‐ I

2010 ‐ IV

2010 ‐ III

2010 ‐ II

2010 ‐ I

2009 ‐ IV

2009 ‐ III

2009 ‐ II

2008 ‐ IV

2008 ‐ III

2008 ‐ II

2008 ‐ I

2007 ‐ IV

2007 ‐ III

2007 ‐ II

2007 ‐ I

0

2009 ‐ I

50 In percent

In percent

2008 ‐ I

2007 ‐ III

2007 ‐ II

5

2007 ‐ IV

7 2007 ‐ I

In percent

11


C

Interest rates


87

5.9 6.0 5.9 5.9 6.1 5.4 5.4 4.4 3.6 4.1 4.0 4.0 4.1

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1)

6.4 6.6 6.7 6.7 6.7 6.5 5.9 4.9 4.0 4.4 4.3 4.4 4.4

(2)

6-month

6.9 7.1 7.4 7.3 7.3 7.2 6.5 6.1 5.7 5.7 5.9 5.9 6.0

(3)

12-month

1) Based on January - August figures.

(1)

Period

3-month

6.3 6.3 6.4 6.5 6.9 6.7 5.6 4.6 3.6 4.4 4.5 4.6 4.6

(4)

3-month

6.8 6.9 7.2 7.3 7.4 7.0 6.1 5.3 4.2 5.0 5.1 5.3 5.4

(5)

6-month

Afl. 10,000 to less than Afl. 100,000 Afl. 100,000 and above

Time deposits

TABLE C1: INTEREST RATES OF COMMERCIAL BANKS (Averages of month-end rates)

7.3 7.4 7.8 7.9 8.0 7.8 6.8 6.5 6.1 6.2 6.4 6.3 6.4

(6)

7.8 8.3 8.6 8.8 9.0 8.8 7.6 7.2 6.1 6.3 6.5 6.5 6.5

(7)

12-month 24-month

5.4 5.2 5.2 5.2 5.2 5.2 5.2 4.3 4.0 4.0 4.0 4.0 4.0

(8)

Savings Deposits

(9)

11.0 10.3 10.2 10.5 10.6 10.6 10.6 10.6 10.6 10.6 10.3 10.2 10.0

Current account

Loans Mortgages

12.0 11.7 11.5 11.0 11.0 11.4 11.4 11.4 11.4 11.4 11.3 11.2 11.2

(10)


88

5.8 5.8 6.0 5.3 5.2 5.2 3.6 3.4 3.7 3.9 3.2 3.2 2.0 1.4

1998 2) 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

7.8 7.7 7.7 7.7 7.1 6.4 6.0 5.3 5.1 5.3 5.3 4.4 2.8 2.1

(2)

3.8 3.8 3.9 3.8 3.7 3.8 3.9 4.1 4.4 3.9 3.7 3.0 2.5 2.1

(3)

Savings deposits

1) Including current account overdraft facilities. 2) Based on September - December figures.

(1)

Period

≤12 months >12 months

Time deposits

6.2 6.2 6.2 5.8 5.5 5.3 4.4 4.0 3.9 4.1 3.6 3.5 2.3 1.7

(4)

Weighted average rate of interest on deposits

17.1 17.1 17.2 17.2 16.7 16.3 16.5 16.0 15.8 15.6 16.0 15.3 15.1 14.7

11.1 10.9 10.7 10.9 10.3 9.5 9.8 9.6 9.4 9.3 9.2 8.4 8.1 7.2

(6)

10.5 10.4 10.8 10.7 10.0 9.5 8.8 8.7 8.1 8.4 8.4 8.5 7.8 7.1

(7)

11.4 10.8 10.4 10.1 10.6 8.9 8.9 9.0 9.0 8.6 8.8 8.9 8.6 7.7

(8)

Mortgages Other loans 1)

Consumer Housing credit mortgages

(5)

Commercial

Individual

Loans

TABLE C2: INTEREST RATES OF COMMERCIAL BANKS (Weighted averages related to transactions during the indicated period)

13.1 13.0 12.0 12.1 12.8 11.4 11.4 11.4 11.1 10.9 11.1 10.7 10.5 9.6

(9)

6.9 6.8 5.8 6.2 7.3 6.1 7.0 7.4 7.2 6.8 7.5 7.1 8.2 7.9

(10=9-4)

Weighted Interest average rate rate of margin interest on loans


89

8.0 8.5

(1)

9.0 9.5 6.5 6.0 5.0 3.0 1.0

(2)

Advance

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Period averages in % per annum

5.5 5.2 5.6 6.9 6.8 5.0 3.0 2.0 3.1 3.6 3.0 3.0 2.8 2.6 3.4 2.2 0.4 0.2 0.1 0.5 2.3 2.5 0.4 0.1 0.1 0.1

(1)

7-day

5.8 6.2 6.6 7.8 7.4 5.4 3.2 2.1 3.2 4.0 3.3 3.4 3.4 3.0 3.5 2.2 0.6 0.2 0.1 0.5 2.3 2.6 0.5 0.1 0.1 0.1

(2)

30-day

6.5 6.9 8.0 7.5 5.4 3.2 2.2 3.5 4.1 3.4 3.4 3.4 3.1 3.5 2.3 0.7 0.2 0.2 0.6 2.4 2.6 0.5 0.1 0.1 0.1

(3)

90-day

TABLE C4: CENTRAL BANK OFFERED RATES ON COMMERCIAL BANKS' DEPOSITS

January 1, 1986 July 1, 1986 April 1, 1999 February 1, 2002 June 2, 2003 April 24, 2009 October 1, 2010

In % per annum As from

Rediscount

TABLE C3: CENTRAL BANK LENDING RATES

7.0 6.8 7.7 9.3 8.2 5.9 3.7 3.1 4.3 5.9 5.4 5.6 5.5 5.2 6.4 4.0 1.8 1.2 1.4 3.3 5.0 5.2 2.5 0.1

(1)

7.0 7.0 7.8 9.2 8.3 5.9 3.7 3.2 4.5 6.0 5.4 5.6 5.6 5.3 6.4 3.9 1.8 1.2 1.5 3.4 5.1 5.2 2.7 0.3 0.3 0.2

(2)

30-day

Source: International Financial Statistics.

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Period averages in % per annum

7-day

6.9 7.2 8.0 9.3 8.3 6.0 3.9 3.3 4.7 6.0 5.5 5.8 5.6 5.4 6.5 3.8 1.8 1.2 1.6 3.6 5.2 5.3 2.9 0.7 0.3 0.3

(3)

90-day

TABLE C5: LONDON INTERBANK OFFERED RATES ON US DOLLAR DEPOSITS


90

January February April May July August October November

January February April May July August October November

January February April May July August October November

January February April May July July* August October November

1999

2000

2001

2002

* 2-month treasury bills.

January February April May July August October November

(1)

1998

End of period

17.0 23.0 17.0 23.0 17.0 30.0 23.0 17.0 23.0

17.0 15.0 17.0 15.0 17.0 23.0 17.0 23.0

17.0 15.0 17.0 15.0 17.0 15.0 17.0 12.4

17.0 15.0 17.0 15.0 17.0 15.0 17.0 15.0

17.0 15.0 17.0 15.0 17.0 15.0 17.0 15.0

(2)

99.46 99.14 99.47 99.46 99.68 99.76 99.54 99.58 99.74

98.28 98.29 98.39 98.38 98.46 98.46 98.70 98.77

98.35 98.41 98.36 98.48 98.35 98.45 98.34 98.28

98.41 98.38 98.56 98.69 98.85 98.81 98.88 98.83

98.34 98.32 98.31 98.30 98.29 98.30 98.31 98.30

(3)

2.30 3.60 2.09 2.58 1.03 1.77 1.92 1.08 1.05

6.93 6.77 6.54 6.56 6.13 6.24 5.05 4.98

6.57 6.34 6.13 6.12 6.20 6.21 6.10 6.91

6.46 6.49 5.79 5.18 4.56 4.86 4.44 4.64

6.54 6.80 6.83 6.82 6.89 6.84 6.78 6.83

(4)

Yield per annum (%) End of period

2007

2006

2005

2004

2003

January January April April July July October October

January January April April July July October October

January January April April July July October October

January January April April July July October October

January January April May July July August October October

(1)

(2)

17.0 23.0 17.0 23.0 17.0 23.0 17.0 23.0

17.0 23.0 17.0 23.0 17.0 23.0 17.0 23.0

17.0 23.0 17.0 23.0 17.0 23.0 17.0 23.0

17.0 23.0 17.0 23.0 17.0 23.0 17.0 23.0

17.0 23.0 17.0 23.0 17.0 35.0 23.0 17.0 23.0

Amount (Afl. million)

98.92 98.93 98.93 98.90 98.87 98.84 98.86 98.83

99.11 99.05 99.00 98.94 98.96 98.76 98.78 98.86

99.51 99.45 99.49 99.48 99.40 99.24 99.25 99.22

99.58 99.43 99.53 99.44 99.52 99.50 99.53 99.49

99.72 99.75 99.75 99.76 99.67 99.37 99.51 99.41 99.42

(3)

Average price per Afl. 100

Date of issue

Average price per Afl. 100

Date of issue

Amount (Afl. million)

3-month treasury bills (continued)

3-month treasury bills

TABLE C6: GOVERNMENT SECURITY MARKETS (Treasury bills)

4.34 4.35 4.34 4.48 4.48 4.63 4.59 4.78

3.47 3.89 3.99 4.06 4.21 5.39 4.67 4.46

1.95 2.32 2.02 1.95 2.35 3.15 2.99 3.12

1.33 2.16 2.04 2.11 1.93 1.87 1.91 2.21

0.87 0.98 0.96 0.95 1.10 2.62 1.73 1.88 2.04

(4)

Yield per annum (%)

January January April April December March June June September September December December

2011

January January April April July July October October

January January April April July July October October

(1)

2010

2009

2008

End of period

Date of issue

(2)

40.0 25.0 40.0 25.0 40.0 40.0 25.0

17.0 23.0 17.0 23.0 40.0

17.0 23.0 17.0 23.0 17.0 23.0 17.0 23.0

17.0 23.0 17.0 23.0 17.0 23.0 17.0 23.0

Amount (Afl. million)

99.84 99.82 99.77 99.75 99.75 99.63 99.75

99.86 99.88 99.89 99.92 99.84

99.71 99.84 99.81 99.82 99.84 99.85 99.85 99.86

98.86 98.85 99.23 99.33 99.39 99.43 99.41 99.43

(3)

Average price per Afl. 100

3-month treasury bills (continued)

0.63 0.77 0.93 1.00 1.00 1.63 1.00

0.57 0.48 0.43 0.33 0.63

1.11 0.63 0.75 0.73 0.64 0.60 0.59 0.58

4.59 4.64 3.06 2.69 2.43 2.31 2.35 2.33

(4)

Yield per annum (%)


TABLE C6: GOVERNMENT SECURITY MARKETS (cash loan certificates) (continued)

6-month cash loan certificates Date of issue

End of period

Amount (Afl. million)

(1)

Average price per Afl. 100

Yield per annum (%)

(2)

(3)

(4)

1999

June December

8.0 8.0

97.63 96.95

4.86 6.29

2000

June December

8.0 8.0

96.95 96.55

6.29 7.15

2001

June December

8.0 8.0

96.69 98.95

6.49 2.10

2002

June December

8.0 8.0

99.73 99.72

1.06 1.10

2003

June December

8.0 8.0

99.41 98.93

1.06 2.17

2004

June December

8.0 8.0

98.87 98.38

2.29 3.30

2005

June December

8.0 8.0

98.49 98.28

3.21 3.66

2006

June December

8.0 8.0

97.96 98.46

4.41 2.56

2007

June December

8.0 8.0

97.75 97.61

4.60 4.89

2008

June

8.0

98.55

2.97

2009

September

8.0

99.51

0.99

2010

March

8.0

99.69

0.61

2011

April September

8.0 8.0

99.67 99.61

0.69 0.81

2012

March

8.0

99.31

1.39

91


92

February December December February April September June June September September October March June June July July November December January April September September July December September September October

1991 1993

1994 1995

1996

1997

1998

1999 2000

2001

2002

7 10 10

7 7

5 5 7

7

10 5 7

8 4 9 10

5 7 6 8 10

5 5

5

3 5

3

3 5 7

(2)

= matured.

* Including loans which are tradable.

February February February

(1)

1988

End of period

Afl. USD USD

USD USD

Afl. USD USD

USD

Afl. USD USD

Afl. Afl. Afl. Afl.

Afl. Afl. Afl. Afl. Afl.

Afl. Afl.

Afl.

Afl. Afl.

Afl.

Afl. Afl. Afl.

(3)

5.0

4.7 0.6 2.2

(4)

30.0 53.7 62.7

37.6 24.9

30.0 35.8 35.8

26.9

10.0 17.9 44.8

22.2 10.4 15.4 14.0

5.4 24.6 27.3 14.7 8.7

30.0 21.5

5.6

16.8 33.8

Amount (Afl. million)

Yield per annum (%)

6.250 7.375 6.190

7.870 7.125

8.250 8.680 8.780

8.090

8.500 7.875 8.200

8.000 7.625 8.125 8.750

7.625 8.000 7.875 8.000 8.500

7.875 7.625

7.875

6.625 7.750

8.750

8.400 8.650 9.250

(5)

End of period

February April September September December December

2005

June June September November December December December December

2011

12 15 13 14 1 7 10 13

5 10 15 7 12

6 10 10 7 12

10 10 5

4 10 12 11

9 12 10 12

4 6 10 12 5 5

10 12 7 12

7 10

(2)

= matured.

* Including loans which are tradable.

May June June December December

February February October December December

March May September

June August November November

2010

2009

2008

2007

March June August November

April June September December

2004

2006

June October

2003

(1)

Maturity in years

Afl. Afl. Afl. Afl. Afl. Afl. Afl. Afl.

Afl. Afl. Afl. Afl. Afl.

Afl. Afl. Afl. Afl. Afl.

Afl. Afl. USD

Afl. Afl. USD Afl.

Afl. Afl. Afl. USD

Afl. Afl. USD Afl. Afl. Afl.

USD Afl. Afl. Afl.

Afl. USD

(3)

Currency

(4)

93.8 100.0 29.5 100.0 55.8 5.8 12.6 56.3

23.5 100.0 80.0 70.0 74.5

23.6 133.9 19.9 34.7 63.3

33.9 50.0 102.6

19.2 50.0 82.0 17.5

24.4 34.3 75.0 92.9

40.0 40.0 166.5 29.0 40.0 20.0

119.9 57.5 25.2 34.0

54.0 98.5

Amount (Afl. million)

Date of issue

Currency

Date of issue

Maturity in years

Bonds and other debt securities* (continued)

Bonds and other debt securities*

TABLE C7: GOVERNMENT SECURITY MARKETS (Bonds and other debt securities)

5.150 5.350 4.500 5.500 2.850 4.500 5.000 5.450

4.750 5.500 6.000 4.000 5.250

5.750 6.750 6.250 6.000 6.500

7.125 7.000 6.050

6.000 7.000 6.500 7.500

7.250 7.500 7.500 6.550

6.000 6.500 6.400 6.925 7.000 7.000

6.800 6.800 6.300 6.700

6.000 6.710

(5)

Yield per annum (%)


Chart C1: Interest rates commercial banks weighted averages during period

In percent

15 10 5

Loans

Interest rate margin

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

0

Deposits

2008

2009

2010

2011

2008

2009

2010

2011

2010

2011

2007

2006

2005

2004

2003

2002

2001

8 7 6 5 4 3 2 1 0 2000

In percent

Chart C2: Weighted average yield on cash loan certificates

In percent

Chart C3: Weighted average yield on treasury bills  7 6 5 4 3 2 1 2007

2006

2005

2004

2003

2002

2001

2000

0

Chart C4: Weighted average yield on government bonds and other debt securities

8 6 4 2

93

2009

2008

2007

2006

2005

2004

2003

2002

2001

0 2000

In percent

10


D

Public finance


97 34.5 26.6

37.0 -21.6

6. Net domestic capital

7. Net recourse to the monetary system (-)

8. Memorandum items A. Unmet financing requirements B. Financial deficit (-)

Source: Department of Finance; Tax Collector's Office; CBA.

11.7

5. Net foreign capital

73.4 -94.3

-19.1

47.1

-8.3

-57.9

106.2 -90.3

-31.8

31.0

-5.3

-57.5

643.0

97.4 -19.8

-0.8

-22.7

50.4

-28.5

-19.6

685.2

646.4 535.4 111.0

1998

4. Financial deficit (-)

678.2

627.6 499.7 127.9

1997

31.9

622.4

2. Expenditure

620.3 491.6 128.7

1996

3. Lending minus repayments

602.7 458.6 144.1

1. Total revenue A. Tax revenue B. Nontax revenue

1995

TABLE D1: GOVERNMENT FINANCIAL OPERATIONS (I)

86.0 -23.3

-21.3

-10.5

24.0

-34.8

37.4

703.1

705.7 608.6 97.1

1999

147.0 -55.6

13.4

-26.8

34.9

5.4

16.2

724.5

746.1 624.5 121.7

2000

297.2 -178.1

24.7

14.2

38.6

-28.0

-0.4

764.1

735.7 606.3 129.4

2001

302.7 -78.5

36.2

2.5

106.7

-72.9

-38.4

866.0

754.7 609.6 145.1

2002

302.5 172.6

-19.3

9.0

-200.6

172.4

-103.1

919.7

989.0 687.4 301.7

2003

186.4 -237.4

-21.3

236.7

95.6

-353.6

9.3

1,180.4

836.1 707.1 128.9

2004

235.6 -174.7

-22.8

55.7

47.1

-125.6

0.7

1,034.0

909.1 779.4 129.7

2005

159.4 -43.3

48.1

109.4

58.2

-119.5

7.1

1,097.6

985.2 850.2 135.0

2006

196.4 -108.4

-3.3

38.4

29.7

-71.4

21.3

1,084.2

1,034.0 882.2 151.8

2007

64.4 183.4

146.1

22.1

72.6

51.4

23.1

1,290.5

1,365.1 977.0 388.1

2008

63.8 -162.6

-39.7

104.2

19.2

-163.1

42.9

1,229.1

1,108.9 928.9 180.0

2009

46.6 -171.5

-133.0

-1.7

57.3

-188.7

35.4

1,337.0

1,183.9 1,070.3 113.6

2010

58.2 -344.2

20.0

311.7

41.2

-332.5

21.1

1,289.8

978.4 856.9 121.5

2011 p


98 37.0 -21.6

8. Memorandum items A. Unmet financing requirements B. Financial deficit (-)

Source: Department of Finance; Tax Collector's Office; CBA.

1) Residual item, including errors and omissions.

26.6 8.0 19.5 39.9 -20.4 -0.9

7. Net recourse to the monetary system (-) A. Loans received B. Drawings on deposits -Earmarked -Free C. Other

73.4 -94.3

-19.1 0.2 -17.5 -1.8 -15.7 -1.8

47.1 67.6 -20.5

106.2 -90.3

-31.8 -2.7 -27.3 -48.4 21.1 -1.8

31.0 63.4 -32.4

97.4 -19.8

-0.8 7.6 -7.4 10.2 -17.5 -1.0

-22.7 19.9 -42.6

50.4 55.6 -42.0 36.8

34.5 36.9 -2.4

-5.3 0.0 -42.1 36.8

6. Net domestic capital A. Loans received B. Repayments on loans C. Other financial transactions

-8.3 0.0 -45.1 36.8

11.7 20.2 -45.3 36.8

5. Net foreign capital A. Loans received B. Repayments on loans C. Other financial transactions

-57.5

-28.5

-57.9

59.4

-19.6

96.2

643.0 213.1 29.0 76.8 177.1 39.7 16.1 31.8

111.0 15.7 95.3

20.2

535.4 251.6 187.7 32.3 43.7

646.4

1998

4. Financial deficit (-)

109.8

102.7

685.2 212.1 42.0 58.3 162.6 34.3 29.1 50.7

127.9 38.3 89.6

16.8

499.7 231.6 183.5 26.5 41.3

627.6

1997

31.9 32.9 -1.0

678.2 186.4 45.6 54.5 163.6 30.7 32.6 55.0

622.4 183.5 65.2 55.3 128.0 27.7 14.0 46.0

128.7 27.9 100.8

18.9

10.9 144.1 27.1 117.0

491.6 223.3 179.6 25.2 44.6

620.3

458.6 211.1 171.8 24.4 40.4

602.7

1996

3. Lending minus repayments 1. Lending 2. Repayments

2. Expenditure 1.Wages 2. Employer's contribution 3. Wage subsidies 4. Goods and services 5. Interest 6. Development fund spending 7. Investment 8. Transfer to General Health Insurance (AZV) 9. Items n.i.e. 1)

B. Nontax revenue 1. Grants 2. Other nontax revenue

A. Tax revenue 1. Taxes on income and profit 2. Taxes on commodities 3. Taxes on property 4. Taxes on services 5. Turnover tax (B.B.O.) 6. Foreign exchange tax

1. Total revenue

1995

TABLE D2: GOVERNMENT FINANCIAL OPERATIONS (II)

86.0 -23.3

-21.3 1.0 -13.2 -6.8 -6.6 -9.0

-10.5 0.0 -10.5

24.0 26.7 -39.6 36.8

-34.8

37.4 40.8 -3.4

92.5

703.1 222.3 29.0 85.6 197.4 44.8 6.6 24.8

97.1 1.4 95.7

21.6

608.6 309.0 198.0 35.2 44.8

705.7

1999

147.0 -55.6

13.4 8.4 3.3 -8.4 11.7 1.7

-26.8 28.5 -55.3

34.9 73.4 -75.4 36.8

5.4

16.2 19.9 -3.7

87.1

724.5 246.3 38.9 89.7 192.7 41.6 0.0 28.3

121.7 16.9 104.8

23.6

624.5 309.6 212.6 34.3 44.4

746.1

2000

297.2 -178.1

24.7 -0.3 36.6 4.4 32.1 -11.5

14.2 24.6 -10.4

38.6 49.3 -47.5 36.8

-28.0

-0.4 3.7 -4.1

764.1 255.2 24.2 91.5 135.9 47.2 0.0 18.4 120.0 71.6

129.4 0.0 129.4

24.8

606.3 302.8 202.6 27.8 48.3

735.7

2001

302.7 -78.5

36.2 -3.1 40.1 12.2 27.8 -0.8

2.5 33.0 -30.5

106.7 136.0 -66.1 36.8

-72.9

-38.4 15.5 -53.9

866.0 261.7 66.0 103.7 149.4 49.6 3.7 13.3 129.9 88.8

145.1 37.4 107.7

14.4

609.6 301.3 213.5 33.7 46.7

754.7

2002

302.5 172.6

-19.3 -1.8 -16.6 -50.5 34.0 -0.9

9.0 49.2 -30.3 -10.0

-200.6 293.6 -126.1 -368.2

172.4

-103.1 19.1 -122.2

919.7 265.6 66.3 105.9 153.5 45.6 16.6 26.4 132.7 107.2

301.7 30.5 271.2

14.0

687.4 339.9 234.4 51.0 48.0

989.0

2003

186.4 -237.4

-21.3 -7.2 -13.3 -0.3 -13.0 -0.8

236.7 329.6 -74.9 -18.0

95.6 119.5 -23.9 0.0

-353.6

9.3 10.2 -1.0

1,180.4 286.2 157.4 122.7 191.1 85.9 32.7 34.2 130.8 139.3

128.9 31.2 97.7

26.2

707.1 321.9 255.4 43.0 60.7

836.1

2004

235.6 -174.7

-22.8 -55.4 35.8 0.9 34.9 -3.2

55.7 122.5 -70.3 3.4

47.1 266.4 -210.4 -8.9

-125.6

0.7 17.0 -16.3

1,034.0 304.7 65.4 135.1 152.9 84.4 21.2 43.2 130.4 96.7

129.7 28.6 101.0

36.8

779.4 364.7 265.0 51.4 61.6

909.1

2005

159.4 -43.3

48.1 10.9 38.6 10.7 27.9 -1.4

109.4 103.7 -21.6 27.3

58.2 92.9 -41.4 6.7

-119.5

7.1 17.2 -10.1

1,097.6 309.2 92.4 140.6 203.1 97.4 34.5 32.0 119.7 68.9

135.0 32.7 102.3

62.0

850.2 397.1 276.4 54.0 60.8

985.2

2006

196.4 -108.4

-3.3 -9.7 7.7 4.7 3.0 -1.3

38.4 55.8 -6.3 -11.2

29.7 82.0 -75.4 23.1

-71.4

21.3 23.7 -2.4

1,084.2 300.9 87.1 142.4 186.9 106.9 38.7 18.9 85.1 117.4

151.8 34.1 117.7

882.2 313.1 280.7 58.6 60.1 132.2 37.5

1,034.0

2007

64.4 183.4

146.1 37.9 101.4 78.7 22.7 6.8

22.1 44.4 -18.2 -4.2

72.6 135.8 -85.1 21.9

51.4

23.1 25.5 -2.4

1,290.5 304.5 127.4 148.5 215.6 139.7 36.2 41.6 138.2 139.0

388.1 275.5 112.7

977.0 353.8 272.7 68.1 62.9 169.0 50.4

1,365.1

2008

63.8 -162.6

-39.7 -32.2 1.2 -9.2 10.4 -8.7

104.2 159.6 -58.5 3.1

19.2 60.9 -43.4 1.6

-163.1

42.9 45.3 -2.4

1,229.1 315.0 110.4 153.8 205.2 116.4 41.0 41.2 127.6 118.4

180.0 52.4 127.6

928.9 338.8 248.7 66.8 63.0 171.4 40.2

1,108.9

2009

46.6 -171.5

-133.0 -125.0 -15.0 -46.6 31.6 7.2

-1.7 119.3 -109.7 -11.3

57.3 109.7 -41.8 -10.5

-188.7

35.4 37.9 -2.4

1,337.0 334.7 109.5 158.4 221.1 126.9 43.7 32.0 155.7 155.0

113.6 6.1 107.5

1,070.3 356.2 249.8 62.7 65.3 295.1 41.3

1,183.9

2010

58.2 -344.2

20.0 -3.6 58.1 1.6 56.5 -34.5

311.7 332.5 -67.7 46.9

41.2 81.2 -35.8 -4.2

-332.5

21.1 22.5 -1.4

1,289.8 356.0 112.7 157.3 217.4 137.4 26.1 35.6 110.8 136.5

121.5 0.0 121.5

856.9 356.9 273.2 60.7 30.3 85.2 50.6

978.4

2011


99

92.5 20.9 45.0 1.1

89.1 25.2 17.4 1.9

Source: Tax Collector's Office; CBA.

NONTAX REVENUE Of which: -Grants -Other nontax revenue

Foreign exchange tax

Turnover tax (B.B.O.)

Taxes on services Of which: -Gambling licenses -Hotel room tax -Stamp duties -Other

Taxes on property Of which: -Motor vehicle fees -Succession tax -Land tax -Transfer tax

Taxes on commodities Of which: -Excises on gasoline -Excises on tobacco -Excises on beer -Excises on liquor -Import duties

159.5

133.6

Taxes on income and profit Of which: -Wage tax -Income tax -Profit tax -Solidarity tax

95.1 19.9 75.2

122.5 17.5 105.0

11.3

9.1 9.9 3.6 5.1

5.8 7.4 3.1 3.8

10.2

27.7

7.0 2.0 2.8 2.4

6.6 1.0 2.9 3.2 20.1

14.2

34.9 8.6 15.1 8.5 57.5

26.7 6.2 12.4 7.3 50.9 13.7

124.6

103.5

337.6

281.4

TAX REVENUE

432.7

403.9

1991

TOTAL REVENUE

1990

TABLE D3: GOVERNMENT REVENUE

18.1 91.7

109.8

10.7

12.6 10.9 4.0 6.3

33.8

7.4 0.8 2.8 3.0

14.0

37.3 9.3 16.1 8.5 63.5

134.7

100.2 18.8 34.3 1.9

155.2

348.8

458.6

1992

15.3 69.3

84.6

11.5

12.9 14.3 3.3 6.1

36.6

8.1 13.1 6.0 3.8

31.0

40.9 9.3 17.3 9.1 77.6

154.2

116.1 18.8 43.9 1.2

180.0

413.3

497.9

1993

20.3 70.5

90.8

14.4

14.3 14.5 4.2 6.8

39.8

9.1 0.6 2.9 5.2

17.8

49.2 8.8 19.1 9.7 89.4

176.2

124.2 15.1 52.0 1.2

192.5

440.7

531.5

1994

27.1 117.0

144.1

10.9

14.9 14.9 3.2 7.4

40.4

9.7 2.9 8.1 3.7

24.4

56.0 10.2 18.9 9.2 77.5

171.8

141.6 14.2 54.7 0.6

211.1

458.6

602.7

1995

27.9 100.8

128.7

18.9

15.7 19.0 2.4 7.5

44.6

10.5 0.7 8.8 5.2

25.2

54.8 9.7 17.7 10.1 87.3

179.6

150.5 10.6 61.9 0.3

223.3

491.6

620.3

1996

38.3 89.6

127.9

16.8

14.5 17.4 1.9 7.5

41.3

10.7 1.4 9.4 5.0

26.5

54.9 9.8 19.7 11.0 88.1

183.5

159.9 8.8 62.8 0.1

231.6

499.7

627.6

1997

15.7 95.3

111.0

20.2

15.2 18.8 2.7 7.0

43.7

13.2 1.7 12.1 5.3

32.3

58.4 9.9 20.1 10.5 88.8

187.7

176.2 13.1 62.0 0.3

251.6

535.4

646.4

1998

1.4 95.7

97.1

21.6

17.5 19.3 2.8 5.2

44.8

11.8 1.6 14.7 7.2

35.2

59.9 10.4 19.3 11.0 97.4

198.0

200.6 28.1 80.1 0.2

309.0

608.6

705.7

1999

16.9 104.8

121.7

23.6

15.2 21.9 3.0 4.4

44.4

12.8 0.9 11.6 9.0

34.3

62.6 11.4 20.3 12.2 106.1

212.6

202.3 25.8 81.4 0.0

309.6

624.5

746.1

2000


100

220.1 3.0 78.3 0.0

209.7 3.1 90.0 0.0

Source: Tax Collector's Office; CBA.

NONTAX REVENUE Of which: -Grants -Other nontax revenue

145.1 37.4 107.7

129.4 0.0 129.4

14.4

30.5 271.2

301.7

14.0

31.2 97.7

128.9

26.2

23.7 30.5 3.3 3.1

28.6 101.0

129.7

36.8

22.2 33.9 1.7 3.8

61.6

17.5 0.6 24.9 8.4

51.4

68.9 12.5 25.3 17.5 140.7

265.0

32.7 102.3

135.0

62.0

23.2 32.8 2.0 2.8

60.8

17.7 1.5 26.6 8.2

54.0

58.4 13.9 25.8 15.5 162.7

276.4

296.4 10.7 90.1 0.0

397.1

850.2

985.2

2006

24.5 33.2 2.4 0.0

60.1

19.0 0.5 21.6 17.6

58.6

64.5 13.2 25.7 17.8 159.4

280.7

233.8 7.3 72.0 0.0

313.1

882.2

1,034.0

2007

34.1 117.7

151.8

37.5

24.8

17.2 25.1 3.6 2.3

60.7

15.1 1.0 19.0 7.9

43.0

70.0 12.0 25.1 15.8 132.5

255.4

266.2 2.9 95.6 0.0

364.7

779.4

909.1

2005

Foreign exchange tax

17.1 24.8 2.1 2.7

16.1 26.6 1.9 3.7

48.0

14.7 1.2 27.5 7.5

51.0

68.7 12.6 24.3 13.9 114.9

234.4

247.2 0.3 74.4 0.0

321.9

707.1

836.1

2004

132.2

46.7

15.2 0.3 12.3 5.9

13.3 0.6 9.7 4.2 48.3

33.7

65.2 10.4 20.3 13.1 104.5

62.2 9.8 19.4 13.2 98.0 27.8

213.5

202.6

234.9 -0.6 105.6 0.0

339.9

687.4

989.0

2003

Turnover tax (B.B.O.)

Taxes on services Of which: -Gambling licenses -Hotel room tax -Stamp duties -Other

Taxes on property Of which: -Motor vehicle fees -Succession tax -Land tax -Transfer tax

Taxes on commodities Of which: -Excises on gasoline -Excises on tobacco -Excises on beer -Excises on liquor -Import duties

301.3

302.8

Taxes on income and profit Of which: -Wage tax -Income tax -Profit tax -Solidarity tax

609.6

606.3

TAX REVENUE

754.7

735.7

2002

TOTAL REVENUE

2001

TABLE D3: GOVERNMENT REVENUE (continued)

275.5 112.7

388.1

50.4

169.0

25.0 36.1 1.9 0.0

62.9

17.9 15.0 21.5 13.7

68.1

57.5 11.5 23.6 18.2 161.8

272.7

247.7 3.4 102.8 0.0

353.8

977.0

1,365.1

2008

52.4 127.6

180.0

40.2

171.4

27.0 33.7 2.3 0.0

63.0

19.6 0.3 28.7 18.2

66.8

58.6 10.9 25.0 16.4 137.8

248.7

231.1 4.5 103.2 0.0

338.8

928.9

1,108.9

2009

6.1 107.5

113.6

41.3

295.1

21.9 41.8 1.6 0.0

65.3

18.4 0.3 26.0 18.0

62.7

57.5 10.6 24.8 17.2 139.7

249.8

242.9 28.6 84.7 0.0

356.2

1,070.3

1,183.9

2010

0.0 121.5

121.5

50.6

85.2

22.1 6.1 2.1 0.0

30.3

21.4 0.2 25.6 13.5

60.7

57.8 12.4 25.4 19.5 158.0

273.2

230.8 1.2 124.9 0.0

356.9

856.9

978.4

2011


101

(1)

7.8 8.4 8.4 3.5 7.0 3.8 2.0 9.6 13.1 0.7 1.3 18.2 5.3 2.6 0.0 26.0 12.3 35.4 5.4 4.7 11.8 3.1 2.9 9.4 36.1 141.6

End of period

1987 1988 1988 d 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

0.0 0.0 0.0 0.0 0.0 0.0 4.5 36.3 50.6 90.5 88.7 40.3 50.5 43.7 35.3 39.7 51.9 1.4 1.1 2.0 12.7 17.4 96.1 86.9 40.3 41.9

(2)

3.7 7.7 7.7 10.3 5.5 12.0 17.2 12.7 8.0 8.7 2.6 9.8 9.8 9.4 22.6 31.3 47.9 30.5 41.7 0.2 2.5 41.7 84.6 104.9 7.9 32.8

(3)

11.5 16.1 16.1 13.8 12.5 15.9 23.7 58.6 71.7 100.0 92.6 68.3 65.6 55.6 57.8 97.0 112.2 67.3 48.3 6.9 27.0 62.1 183.5 201.2 84.2 216.3

(4= 1+2+3)

14.9 1.9 2.0 1.2 4.1 26.0 10.6 20.9 37.9 29.1 18.9 15.9 11.3 7.9 9.0 6.3 8.1 10.8 6.2 24.4 26.9 19.6 6.1 5.4 47.7 28.7

(5)

Demand

Total

Free

Earmarked Development funds

Commercial banks

Central Bank

Domestic deposits

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23.1 48.7 59.0 117.9 133.9 113.7 107.3 91.6 151.3 96.2

(6)

Development funds

TABLE D4: GOVERNMENT'S POSITION WITH THE MONETARY SYSTEM

26.5 18.0 18.1 14.9 16.6 41.8 34.3 79.5 109.6 129.1 111.5 84.2 76.8 63.6 66.9 103.3 143.4 126.8 113.5 149.3 187.8 195.5 296.9 298.1 283.1 341.2

(7= 4+5+6)

Gross liquidity position

21.7 34.3 34.3 34.9 35.7 36.5 37.1 37.9 38.5 39.4 41.2 43.0 44.0 53.0 51.3 62.8 63.6 64.5 65.2 68.4 69.8 71.1 64.3 73.1 66.0 100.5

(8)

Monetary authorities

Liabilities to

14.8 2.9 2.9 2.9 3.7 4.3 4.3 11.2 37.0 29.0 28.8 31.5 23.9 22.9 14.5 14.8 17.9 19.7 26.9 82.3 71.4 81.1 43.2 75.4 200.4 204.0

(9)

Commercial banks

Total

36.4 37.2 37.2 37.8 39.4 40.9 41.4 49.0 75.5 68.4 70.0 74.5 67.9 75.9 65.8 77.6 81.4 84.2 92.1 150.7 141.1 152.1 107.5 148.5 266.4 304.5

(10= 8+9)

10.0 19.1 19.2 22.9 22.8 -1.0 7.1 -30.4 -34.1 -60.6 -41.5 -9.7 -8.9 12.4 -1.1 -25.7 -61.9 -42.6 -21.3 1.4 -46.6 -43.3 -189.4 -149.7 -16.7 -36.7

(11= 10-7)

Net liability to the monetary system

60.3 9.1 9.2 3.7 -0.1 -23.8 8.0 -37.5 -3.7 -26.6 19.1 31.8 0.8 21.3 -13.4 -24.7 -36.2 19.3 21.3 22.8 -48.1 3.3 -146.1 39.7 133.0 -20.0

(12)

Change in net liability during period


102 143.0 90.5 52.5 0.0 0.0

2. Long-term a. APFA b. SVb c. Private loans d. Other

5.8 36.7

C. U.S.A.

D. Other

Source: Department of Finance; APFA; CBA.

12.9

304.3 0.0 0.0

B. EIB

A. The Netherlands 1. Development cooperation 2. Commercial loans

359.7

218.5 75.5 68.4 7.1 0.0

B. Non-negotiable 1. Short-term a. APFA b. Suppliers' credit c. Other

3. Foreign debt

7.5

7.5

36.7

8.3

12.7

342.5 0.0 0.0

400.2

179.6 118.2 61.4 0.0 0.0

250.9 71.3 65.6 5.7 0.0

38.9 31.4

289.8

38.8 31.3

257.3

2. Domestic debt

690.0

1990

A. Negotiable 1.Treasury bills 2. Cash certificates 3. Government bonds

617.0

1. Total debt

1989

TABLE D5: OUTSTANDING GOVERNMENT DEBT

36.7

17.5

12.5

342.2 0.0 0.0

408.8

203.6 120.0 61.2 0.0 22.4

277.7 74.1 67.4 6.7 0.0

8.0

39.5 31.5

317.2

726.0

1991

299.5

9.6

11.2

327.5 0.0 0.0

647.8

256.2 154.1 79.3 0.0 22.8

333.9 77.7 67.4 10.3 0.0

8.0

39.6 31.6

373.5

1,021.3

1992

310.3

11.5

14.0

319.4 0.0 0.0

655.2

248.5 176.7 48.5 0.0 23.3

332.6 84.1 68.5 15.6 0.0

58.0

90.0 32.0

422.6

1,077.8

1993

321.1

8.8

18.2

362.0 0.0 0.0

710.1

273.1 210.6 54.9 0.0 7.6

368.1 95.0 60.0 24.0 11.0

58.6

90.6 32.0

458.7

1,168.8

1994

331.9

6.3

22.4

373.2 363.4 9.9

733.8

331.8 268.1 56.9 0.0 6.8

428.8 97.0 60.0 25.0 12.0

107.7

139.7 32.0

568.5

1,302.3

1995

342.7

3.6

21.4

345.1 336.8 8.3

712.7

308.0 241.0 54.2 8.7 4.1

445.2 137.2 60.0 65.2 12.0

162.9

194.9 32.0

640.1

1,352.8

1996

353.4

1.5

19.0

275.9 271.0 5.0

649.9

420.6 306.8 58.8 44.9 10.1

529.9 109.2 31.9 64.5 12.8

188.6

220.6 32.0

750.5

1,400.4

1997

396.3

45.1

19.5

278.2 273.7 4.6

739.1

217.1 78.4 66.8 62.0 9.9

297.3 80.2 52.9 13.9 13.4

154.8

186.8 32.0

484.0

1,223.2

1998

394.1

72.1

16.5

231.0 227.6 3.4

713.7

225.2 80.2 72.2 62.0 10.8

308.6 83.5 70.0 8.8 4.7

189.2 32.0 8.0 149.2

497.8

1,211.6

1999


103 245.8 78.5 94.9 60.8 11.6

2. Long-term a. APFA b. SVb c. Private loans d. Other

381.4

D. Other

Source: Department of Finance; APFA; CBA.

144.0

14.4

204.4 201.0 3.5

C. U.S.A.

B. EIB

A. The Netherlands 1. Development cooperation 2. Commercial loans

744.2

385.5 139.7 111.2 21.8 6.7

B. Non-negotiable 1. Short-term a. APFA b. Suppliers' credit c. Other

3. Foreign debt

165.1 29.4 8.0 127.7

550.7

1,294.9

A. Negotiable 1.Treasury bills 2. Cash certificates 3. Government bonds

2. Domestic debt

1. Total debt

2000

418.8

181.8

13.0

181.5 177.8 3.7

795.1

260.3 75.4 99.4 57.7 27.8

530.5 270.2 179.5 36.5 54.2

179.2 40.0 8.0 131.2

709.7

1,504.7

2001

TABLE D5: OUTSTANDING GOVERNMENT DEBT (continued)

460.6

244.8

15.0

199.6 195.9 3.7

920.0

252.2 72.1 96.4 54.6 29.1

544.2 292.0 214.1 20.6 57.3

189.1 40.0 8.0 141.1

733.3

1,653.3

2002

274.4

244.8

13.6

217.0 214.6 2.4

749.8

230.3 78.4 90.2 46.1 15.7

526.4 296.1 219.7 21.6 54.8

218.5 40.0 8.0 170.5

744.9

1,494.6

2003

364.1

301.8

14.3

213.1 210.6 2.5

893.3

373.5 220.0 95.2 41.0 17.4

502.9 129.4 73.4 22.6 33.4

320.9 40.0 8.0 272.9

823.8

1,717.1

2004

613.4

136.8

12.0

171.6 169.4 2.2

933.7

435.3 218.4 95.2 102.7 19.1

594.1 158.8 90.4 30.6 37.8

377.1 40.0 8.0 329.1

971.2

1,904.9

2005

667.7

136.8

12.8

169.7 167.3 2.4

987.0

457.0 216.6 95.2 124.0 21.1

563.2 106.2 88.4 14.5 3.3

462.1 40.0 8.0 414.1

1,025.2

2,012.2

2006

657.4

183.2

13.8

169.7 167.2 2.6

1,024.2

436.0 214.8 101.7 119.5 0.0

590.2 154.2 98.6 18.8 36.8

525.6 40.0 8.0 477.6

1,115.9

2,140.0

2007

754.1

145.4

12.5

146.8 144.4 2.4

1,058.9

425.7 212.8 95.4 117.5 0.0

476.2 50.5 14.2 13.7 22.6

514.6 40.0 0.0 474.6

990.8

2,049.7

2008

638.4

289.4

12.3

136.3 133.8 2.5

1,076.5

423.6 210.7 95.4 117.5 0.0

477.4 53.8 11.4 16.5 25.9

672.2 40.0 8.0 624.2

1,149.6

2,226.1

2009

704.6

289.4

11.1

114.0 111.9 2.1

1,119.2

367.0 208.4 95.4 63.2 0.0

403.7 36.7 0.0 17.1 19.6

858.0 40.0 0.0 818.0

1,261.7

2,380.8

2010

773.7

289.4

10.0

101.2 99.2 2.0

1,174.3

528.0 206.0 95.4 226.6 0.0

572.2 44.2 6.4 24.9 13.0

1,025.3 65.0 8.0 952.3

1,597.5

2,771.9

2011 p


Chart D1: Government revenue

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

In Afl. million

1,600 1,400 1,200 1,000 800 600 400 200 0

Income and profit

Commodities

Property

Services

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

In Afl. million

Chart D2: Tax revenue  1,200 1,000 800 600 400 200 0

Foreign exchange

Sales (BBO)

Grants

Charges and fees

2011

2010

2009

2008

2007

2006

2005

2004

2003

2001

2002

500 400 300 200 100 0 2000

In Afl. million

Chart D3: Non‐tax revenue

Other

Chart D4: Revenue vs expenditure

1,000 500

Expenditure

104

Revenue

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

0 1995

In Afl. million

1,500


Domestic

105

Foreign

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

1991

1990

1989

In Afl. million 3,000 Chart D5: Outstanding government debt

2,000

1,000

0


E

External sector and exchange rates


109 -4.7

5. Banking transactions 3) -8.6 0.0 -8.6

-14.4

23.0

8.2

56.9

-42.1 -17.1 -368.7 351.6 -25.8 0.8

1987

-22.0 0.0 -22.0

21.3

0.7

3.5

93.6

-96.4 -64.4 -483.8 419.4 -30.5 -1.5

1988

1) On a cash basis. 2) Including errors and omissions. 3) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 4) Excluding revaluation differences of gold and official foreign exchange holdings.

-87.2 0.0 -87.2

91.9

4. Overall balance (1+2+3)

6. Increase (-) in official reserves 4) A. Monetary gold B. Foreign exchange holdings

14.1

112.7

2. Capital and financial account (net) A. Capital account 1. Capital transfers 2. Acquisition/disposal of n.p., n.f.a. B. Financial account 1. Direct investment 2. Portfolio investment 3. Financial derivatives 4. Other investment

3. Items not yet classified 2)

-34.9 -25.9 -324.2 298.3 -13.1 4.1

1986

1. Current account (net) A. Goods and services 1. Goods 2. Services B. Income C. Current transfers

During period

TABLE E1: BALANCE OF PAYMENTS SUMMARY 1)

10.4 0.0 10.4

-50.5

40.1

-0.2

127.1

-86.8 -75.2 -527.9 452.7 -20.2 8.6

1989

-20.9 0.0 -20.9

-19.8

40.7

-4.4

342.2

-297.1 -267.2 -761.4 494.2 -13.9 -16.0

1990

-40.9 0.0 -40.9

-26.0

66.9

11.8

455.3

-400.2 -356.6 -938.1 581.5 -13.9 -29.7

1991 d

-40.4 0.0 -41.9

-25.3

65.7

8.8

18.1 15.4 15.4 0.0 2.7 -46.9 -12.2 0.0 61.8

38.8 57.0 -355.3 412.3 -17.3 -0.9

1992

-59.2 0.0 -59.2

5.1

54.1

2.9

23.2 12.0 12.0 0.0 11.2 -16.9 -7.0 0.0 35.1

28.0 69.0 -334.7 403.7 -32.0 -9.0

1993

3.6 0.0 3.6

-36.2

32.6

-3.5

-60.8 13.1 13.1 0.0 -73.9 -107.9 -17.7 0.0 51.7

96.9 151.5 -147.1 298.6 -35.8 -18.8

1994

-76.5 0.0 -75.3

48.0

28.5

-6.3

73.1 26.2 26.2 0.0 46.9 -1.0 -29.7 0.0 77.6

-38.3 -61.3 -446.7 385.4 -27.2 50.2

1995

47.2 0.0 50.1

-0.1

-47.1

10.1

64.3 45.4 45.4 0.0 18.9 150.6 -11.2 0.0 -120.5

-121.5 -83.1 -539.8 456.7 -31.9 -6.5

1996

29.1 0.0 32.8

4.9

-34.0

1.2

326.4 37.6 37.6 0.0 288.8 353.7 80.0 0.0 -144.9

-361.6 -300.3 -700.1 399.8 -41.5 -19.8

1997

-92.9 0.0 -102.0

-67.7

160.6

2.2

202.7 9.3 9.3 0.0 193.4 147.1 -85.1 0.0 131.4

-44.3 -25.7 -632.5 606.8 -10.0 -8.6

1998


110 19.2 -14.0

4. Overall balance (1+2+3)

5. Banking transactions 3) 26.9 0.0 26.9

19.9

-46.8

22.3

-440.0 20.1 20.1 0.0 -460.1 -233.7 -10.4 0.0 -216.0

371.0 554.6 -103.9 658.5 -43.0 -140.6

2000

-148.2 0.0 -148.2

18.5

129.7

-10.1

-413.3 -2.7 -2.8 0.1 -410.6 -471.4 76.1 0.0 -15.4

553.1 770.7 91.9 678.8 -102.5 -115.1

2001

1) On a cash basis. 2) Including errors and omissions. 3) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 4) Excluding revaluation differences of gold and official foreign exchange holdings.

-5.2 0.0 -5.2

-32.0

3. Items not yet classified 2)

6. Increase (-) in official reserves 4) A. Monetary gold B. Foreign exchange holdings

830.5 2.8 2.8 0.0 827.7 840.0 -9.2 0.0 -3.1

-779.3 -608.2 -1,081.3 473.1 -76.4 -94.7

1999

2. Capital and financial account (net) A. Capital account 1. Capital transfers 2. Acquisition/disposal of n.p., n.f.a. B. Financial account 1. Direct investment 2. Portfolio investment 3. Financial derivatives 4. Other investment

1. Current account (net) A. Goods and services 1. Goods 2. Services B. Income C. Current transfers

During period

TABLE E1: BALANCE OF PAYMENTS SUMMARY 1) (continued)

-71.9 0.0 -71.9

32.9

39.0

18.9

629.0 38.1 40.4 -2.4 591.0 606.4 135.5 0.0 -150.9

-609.0 -246.7 -947.5 700.8 -242.9 -119.4

2002

65.0 0.0 65.0

-3.8

-61.2

40.4

194.5 179.5 179.4 0.0 15.1 291.8 76.0 0.2 -352.9

-296.2 -43.5 -618.6 575.1 -95.6 -157.1

2003

-2.8 0.0 -2.8

-17.1

19.9

8.9

-474.2 30.3 30.3 0.0 -504.5 -174.6 42.4 -2.5 -369.8

485.1 812.1 -276.6 1,088.7 -133.0 -194.0

2004

39.7 0.0 39.7

20.1

-59.8

28.9

-291.8 33.3 33.3 0.0 -325.1 -355.9 -13.5 2.7 41.5

203.1 1,297.2 230.0 1,067.1 -856.5 -237.6

2005

-98.6 0.0 -98.6

42.8

55.8

0.6

-503.4 37.8 37.8 0.0 -541.3 417.7 -79.3 -4.8 -874.8

558.5 980.6 -12.2 992.8 -189.4 -232.6

2006

-77.4 0.0 -77.4

14.4

63.0

11.2

-420.6 33.7 33.7 0.0 -454.4 -919.9 79.2 1.8 384.4

472.4 1,373.0 143.1 1,230.0 -680.2 -220.5

2007

-403.2 0.0 -403.2

-149.1

552.3

-22.5

540.9 281.0 281.1 0.0 259.9 20.6 108.2 -18.4 149.4

33.9 464.1 -993.1 1,457.3 -199.3 -230.9

2008

-61.2 0.0 -61.2

-145.0

206.2

-24.7

-116.2 60.9 60.9 0.0 -177.2 -62.6 6.7 -1.7 -119.5

347.1 608.8 -889.4 1,498.3 -115.9 -145.8

2009

18.9 0.0 18.9

146.9

-165.8

15.5

581.3 14.8 14.8 0.0 566.5 280.6 20.2 0.0 265.7

-762.6 -429.4 -1,994.0 1,564.6 -211.8 -121.4

2010

64.9 0.0 64.9

-41.8

-23.1

-8.2

405.4 5.9 5.9 0.0 399.5 967.6 7.8 0.0 -575.9

-420.3 192.7 -1,274.5 1,467.2 -409.3 -203.7

2011


111 3.8 3.9 2.4 2.5

4.1 4.9 2.7 3.3

2.7 2.8

3.9 4.2

586.7

441.8

-92.9

-67.7

160.6

2.2

202.7 107.4 95.3 39.9 55.4

-44.3 -9.9 -34.4 15.3 -49.7

1998

1) Including errors and omissions. 2) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 3) Excluding revaluation differences of gold and official foreign exchange holdings. 4) Including revaluation differences of gold and official foreign exchange holdings. 5) Including gold. 6) Excluding the oil sector. 7) Total current account payments (excluding oil sector).

437.0

359.8

29.1

4.9

-34.0

1.2

326.4 323.2 3.2 -19.1 22.3

-361.6 -321.1 -40.5 39.2 -79.7

1997

466.9

384.8

Memorandum items 7. Official reserves (including gold) 4)

8.a. Total reserves of the monetary sector 5) b. In months of merchandise imports 6) -End-of-period -Twelve-month average c. In months of import payments 7) -End-of-period -Twelve-month average

47.2

-47.1

4. Overall balance (1+2+3)

6. Increase (-) in official reserves 3)

10.1

3. Items not yet classified 1)

-0.1

64.3 110.8 -46.5 -55.4 8.9

2. Capital and financial account (net) a. Oil sector b. Non-oil -Private sector -Public sector

5. Banking transactions 2)

-121.5 -106.0 -15.5 56.2 -71.7

1. Current account (net) a. Oil sector b. Non-oil -Private sector -Public sector

1996

TABLE E2: BALANCE OF PAYMENTS BY SECTORS

2.0 3.4

4.0 5.8

599.1

440.2

-5.2

-14.0

19.2

-32.0

830.5 661.9 168.7 134.5 34.2

-779.3 -637.8 -141.5 -46.0 -95.5

1999

2.9 3.2

5.1 5.6

558.9

419.8

26.9

19.9

-46.8

22.3

-440.0 -428.5 -11.5 -67.8 56.3

371.0 466.1 -95.2 -2.7 -92.5

2000

3.6 3.6

6.3 6.3

698.7

578.2

-148.2

18.5

129.7

-10.1

-413.3 -577.7 164.4 114.2 50.2

553.1 620.8 -67.7 21.0 -88.7

2001

3.4 3.8

6.5 7.3

755.5

667.9

-71.9

32.9

39.0

18.9

629.0 329.0 300.0 151.4 148.6

-609.0 -277.6 -331.4 -206.3 -125.1

2002

3.1 3.6

5.8 6.6

700.3

608.9

65.0

-3.8

-61.2

40.4

194.5 79.4 115.2 131.3 -16.1

-296.2 64.3 -360.4 -236.5 -123.9

2003

2.9 3.3

5.5 6.2

722.9

614.4

-2.8

-17.1

19.9

8.9

-474.2 -663.8 189.7 62.7 127.0

485.1 733.1 -247.9 -123.1 -124.8

2004

2.5 2.9

4.7 5.5

677.1

588.6

39.7

20.1

-59.8

28.9

-291.8 -437.2 145.5 68.0 77.5

203.1 549.5 -346.4 -223.8 -122.6

2005

2.6 2.7

5.1 5.2

759.5

713.9

-98.6

42.8

55.8

0.6

-503.4 -937.5 434.1 342.5 91.6

558.5 1,167.5 -608.9 -463.3 -145.6

2006

2.8 3.0

5.7 5.8

859.2

828.0

-77.4

14.4

63.0

11.2

-420.6 -613.3 192.7 127.9 64.8

472.4 708.8 -236.4 -97.9 -138.5

2007

4.8 3.8

9.3 7.2

1,427.5

1,247.3

-403.2

-149.1

552.3

-22.5

540.9 -77.5 618.4 285.5 332.9

33.9 214.8 -180.9 -30.3 -150.6

2008

5.9 5.9

11.0 11.1

1,577.0

1,251.8

-61.2

-145.0

206.2

-24.7

-116.2 -221.8 105.6 33.2 72.4

347.1 370.5 -23.4 124.7 -148.1

2009

4.8 6.2

10.0 12.2

1,473.9

1,295.6

18.9

146.9

-165.8

15.5

581.3 722.8 -141.5 -202.7 61.2

-762.6 -808.0 45.4 198.1 -152.7

2010

3.7 4.7

9.1 9.3

1,493.6

1,273.5

64.9

-41.8

-23.1

-8.2

405.4 154.2 251.2 212.0 39.2

-420.3 -79.3 -340.9 -183.8 -157.1

2011


112

25.3 44.7

22.1 71.0

-34.9

28.8

2. Payments 2.1 General government 2.2 Other sectors 2.2.1 Workers' remittances 2.2.2 Other transfers

4. Current account balance (1+2+3)

4.1 32.9

3. Current transfers 1. Receipts 1.1 General government 1.2 Other sectors 1.2.1 Workers' remittances 1.2.2 Other transfers

26.1

2. Payments 2.1 Compensation of employees 2.2 Investment income

-42.1

25.1

0.8 25.9

41.8

-25.8 16.0

24.3 44.7

9.1 48.7

-13.1 13.0

37.7

22.1

122.1 15.4

390.8

283.0

89.9 10.0

-17.1 -368.7 80.8 449.5 351.6 473.7 12.9

1987

-25.9 -324.2 52.9 377.1 298.3 388.2 12.1

1986

2. Income 1. Receipts 1.1 Compensation of employees 1.2 Investment income

2. Payments 2.1 Transportation 2.1.1 Passenger 2.1.2 Freight 2.1.3 Other 2.2 Travel 2.2.1 Tourism 2.2.2 Other 2.3 Government services, n.i.e. 2.4 Other services 2.4.1 Construction services 2.4.2 Other services, n.i.e.

1. Goods and services A. Goods 1. Export f.o.b. 2. Import f.o.b. B. Services 1. Receipts 1.1 Transportation 1.1.1 Passenger 1.1.2 Freight 1.1.3 Other 1.2 Travel 1.2.1 Tourism 1.2.2 Other 1.3 Government services, n.i.e. 1.4 Other services 1.4.1 Construction services 1.4.2 Other services, n.i.e.

During period

TABLE E3: COMPONENTS OF THE CURRENT ACCOUNT

-96.4

27.3

-1.5 25.8

50.0

-30.5 19.5

41.1 63.5

40.9

164.0 18.5

30.7 51.6

483.7

-64.4 -483.8 151.2 635.0 419.4 583.4 17.4

1988

-86.8

26.2

8.6 34.8

44.2

-20.2 24.0

34.2 75.3

50.9

176.1 15.7

23.4 32.5

548.4

-75.2 -527.9 191.8 719.7 452.7 628.8 24.5

1989

-297.1

59.0

-16.0 43.0

40.4

-13.9 26.5

43.3 101.0

72.1

241.5 25.1

22.5 61.2

625.6

-267.2 -761.4 278.3 1,039.7 494.2 735.7 26.4

1990

-400.2

79.5

-29.7 49.8

46.0

-13.9 32.1

45.2 109.8

84.8

264.6 24.8

16.0 62.4

695.3

-356.6 -938.1 1,573.0 2,511.1 581.5 846.1 72.4

1991 d

38.8

15.7 4.9 10.8 3.5 7.3

-0.9 14.8 3.3 11.5 0.0 11.5

46.3 7.3 39.0

-17.3 29.0 3.1 25.9

559.4 261.3 10.1 233.0 18.2 111.3 91.7 19.6 55.5 131.3 1.5 129.8

57.0 -355.3 1,982.5 2,337.8 412.3 971.7 56.4 29.6 26.8 0.0 810.6 796.3 14.3 22.2 82.5 5.3 77.2

1992

28.0

22.4 4.9 17.5 2.3 15.2

-9.0 13.4 0.6 12.8 0.0 12.8

60.2 5.5 54.7

-32.0 28.2 4.3 23.9

598.9 276.7 5.1 249.1 22.5 128.2 103.1 25.1 57.4 136.6 8.8 127.8

69.0 -334.7 2,163.8 2,498.5 403.7 1,002.6 36.9 19.2 17.7 0.0 852.6 835.4 17.2 28.5 84.6 12.0 72.6

1993

96.9

31.7 5.1 26.6 3.8 22.8

-18.8 12.9 1.8 11.1 0.0 11.1

58.2 4.2 54.0

-35.8 22.4 5.3 17.1

736.7 286.0 10.8 256.5 18.7 140.1 116.5 23.6 55.4 255.2 120.9 134.3

151.5 -147.1 2,429.2 2,576.3 298.6 1,035.3 60.6 51.4 6.6 2.6 858.6 837.9 20.7 35.1 81.0 18.1 62.9

1994

-38.3

27.2 4.2 23.0 4.7 18.3

50.2 77.4 28.5 48.9 0.0 48.3

58.9 4.2 54.7

-27.2 31.7 2.4 29.3

790.4 307.6 11.4 282.9 13.3 156.4 130.1 26.3 68.5 257.9 85.2 172.7

-61.3 -446.7 2,411.5 2,858.2 385.4 1,175.8 87.7 74.6 9.5 3.6 951.2 931.8 19.4 34.2 102.7 20.4 82.3

1995

-121.5

39.4 12.5 26.9 8.6 18.3

-6.5 32.9 9.1 23.8 1.0 22.8

66.2 4.3 61.9

-31.9 34.3 1.9 32.4

920.8 393.8 13.8 361.4 18.6 214.4 172.4 42.0 59.0 253.6 36.9 216.7

-83.1 -539.8 3,102.4 3,642.2 456.7 1,377.5 103.4 83.2 11.4 8.8 1,121.6 1,098.1 23.5 33.5 119.0 10.6 108.4

1996

-361.6

52.8 19.2 33.6 17.5 16.1

-19.8 33.0 13.2 19.8 1.6 18.2

78.6 0.4 78.2

-41.5 37.1 1.7 35.4

1,067.0 421.0 10.6 385.1 25.3 280.1 234.6 45.5 70.6 295.3 42.5 252.8

-300.3 -700.1 3,087.3 3,787.4 399.8 1,466.8 89.0 75.5 3.0 10.5 1,237.6 1,196.3 41.3 30.8 109.4 11.2 98.2

1997

-44.3

61.0 21.9 39.1 20.2 18.9

-8.6 52.4 22.1 30.3 2.2 28.1

82.5 0.6 81.9

-10.0 72.5 0.7 71.8

990.0 294.2 9.4 273.3 11.5 241.2 198.1 43.1 44.7 409.9 80.7 329.2

-25.7 -632.5 2,085.0 2,717.5 606.8 1,596.8 117.3 81.3 1.8 34.2 1,322.0 1,306.5 15.5 26.7 130.8 15.0 115.8

1998


113

4. Current account balance (1+2+3)

-779.3

159.7 26.6 133.1 48.3 84.8

144.8 0.8 144.1

2. Payments 2.1 Compensation of employees 2.2 Investment income

2. Payments 2.1 General government 2.2 Other sectors 2.2.1 Workers' remittances 2.2.2 Other transfers

-76.4 68.4 1.3 67.1

2. Income 1. Receipts 1.1 Compensation of employees 1.2 Investment income

-94.7 65.0 21.3 43.7 -0.3 44.0

1,184.1 387.5 19.2 356.5 11.8 250.5 198.1 52.4 44.5 501.6 195.0 306.6

2. Payments 2.1 Transportation 2.1.1 Passenger 2.1.2 Freight 2.1.3 Other 2.2 Travel 2.2.1 Tourism 2.2.2 Other 2.3 Government services, n.i.e. 2.4 Other services 2.4.1 Construction services 2.4.2 Other services, n.i.e.

3. Current transfers 1. Receipts 1.1 General government 1.2 Other sectors 1.2.1 Workers' remittances 1.2.2 Other transfers

-608.2 -1,081.3 2,487.1 3,568.4 473.1 1,657.1 147.6 95.1 0.0 52.5 1,304.7 1,290.1 14.6 31.4 173.4 3.1 170.4

1999

1. Goods and services A. Goods 1. Export f.o.b. 2. Import f.o.b. B. Services 1. Receipts 1.1 Transportation 1.1.1 Passenger 1.1.2 Freight 1.1.3 Other 1.2 Travel 1.2.1 Tourism 1.2.2 Other 1.3 Government services, n.i.e. 1.4 Other services 1.4.1 Construction services 1.4.2 Other services, n.i.e.

During period

371.0

211.3 17.4 193.9 77.8 116.0

-140.6 70.7 22.6 48.0 1.8 46.2

137.9 0.5 137.4

-43.0 94.8 0.1 94.8

1,153.3 503.0 29.8 462.1 11.0 261.5 212.5 49.0 41.1 347.7 36.0 311.7

554.6 -103.9 4,517.1 4,621.0 658.5 1,811.8 149.0 65.1 0.0 83.9 1,457.9 1,445.1 12.8 30.0 174.9 3.9 171.0

2000

TABLE E3: COMPONENTS OF THE CURRENT ACCOUNT (continued)

553.1

190.4 21.8 168.6 68.9 99.7

-115.1 75.4 30.4 45.0 1.6 43.4

191.7 1.1 190.6

-102.5 89.2 0.8 88.4

1,096.3 473.6 38.1 424.5 10.9 240.9 191.9 49.0 41.3 340.5 27.1 313.4

770.7 91.9 4,337.4 4,245.4 678.8 1,775.1 92.6 6.2 0.0 86.4 1,471.2 1,460.3 10.9 23.7 187.6 6.3 181.3

2001

-609.0

192.8 17.2 175.6 80.5 95.1

-119.4 73.4 24.2 49.2 1.6 47.6

300.6 1.8 298.8

-242.9 57.6 0.8 56.8

1,095.5 388.8 22.6 361.2 5.0 284.6 229.6 55.0 55.6 366.5 26.5 340.1

-246.7 -947.5 2,663.2 3,610.7 700.8 1,796.3 63.9 1.6 0.0 62.3 1,493.5 1,480.7 12.9 31.5 207.4 2.0 205.4

2002

-296.2

230.2 17.1 213.2 83.4 129.8

-157.1 73.2 24.3 48.9 0.0 48.9

153.8 1.9 151.9

-95.6 58.2 0.4 57.8

1,302.0 475.5 44.4 429.1 2.0 335.9 269.4 66.5 61.1 429.4 46.4 383.0

-43.5 -618.6 3,672.8 4,291.4 575.1 1,877.1 69.5 0.2 0.0 69.3 1,536.6 1,521.8 14.8 25.4 245.6 0.2 245.4

2003

485.1

274.1 8.5 265.6 85.7 179.9

-194.0 80.1 27.2 52.9 1.6 51.3

196.8 2.1 194.7

-133.0 63.8 1.0 62.8

1,154.9 324.9 54.1 270.1 0.8 389.9 337.4 52.6 57.8 382.2 45.3 336.9

812.1 -276.6 6,148.0 6,424.6 1,088.7 2,243.6 95.1 0.0 0.0 95.1 1,892.2 1,884.6 7.5 28.1 228.2 0.0 228.2

2004

203.1

328.9 19.9 308.9 105.1 203.9

-237.6 91.2 31.8 59.5 0.0 59.5

932.8 5.8 927.0

-856.5 76.3 1.5 74.9

1,273.8 284.7 43.6 240.5 0.6 404.4 365.0 39.4 49.7 535.0 46.9 488.1

1,297.2 230.0 7,905.0 7,675.0 1,067.1 2,341.0 101.4 0.0 0.0 101.3 1,964.5 1,959.5 5.0 30.1 245.0 0.2 244.9

2005

558.5

329.2 14.3 314.8 112.3 202.6

-232.6 96.5 26.6 69.9 0.2 69.7

301.5 16.4 285.1

-189.4 112.1 1.7 110.4

1,350.6 301.9 41.1 260.5 0.3 389.8 347.2 42.6 60.1 598.8 90.6 508.2

980.6 -12.2 8,441.7 8,453.8 992.8 2,343.4 95.7 0.2 0.0 95.4 1,904.7 1,896.3 8.5 34.8 308.2 2.7 305.5

2006

472.4

323.1 16.6 306.5 113.6 192.8

-220.5 102.7 25.9 76.8 0.7 76.1

842.3 17.3 825.0

-680.2 162.2 8.6 153.6

1,400.8 303.9 33.5 270.3 0.1 448.6 410.2 38.4 61.5 586.8 88.3 498.5

1,373.0 143.1 9,319.2 9,176.1 1,230.0 2,630.7 101.8 0.5 0.0 101.3 2,167.6 2,162.4 5.2 33.8 327.6 16.7 311.0

2007

33.9

354.5 17.7 336.9 125.7 211.2

-230.9 123.6 31.5 92.1 4.4 87.8

328.2 9.6 318.6

-199.3 128.9 8.5 120.5

1,404.3 344.2 39.3 304.9 0.0 449.1 406.0 43.1 62.9 548.1 84.7 463.4

464.1 -993.1 9,766.6 10,759.8 1,457.3 2,861.6 102.6 1.6 0.0 101.0 2,413.8 2,410.2 3.6 29.8 315.4 5.4 310.0

2008

347.1

271.2 9.0 262.3 124.2 138.0

-145.8 125.4 27.9 97.5 8.8 88.7

221.3 3.1 218.2

-115.9 105.4 8.9 96.5

1,227.9 231.5 36.8 194.7 0.0 437.7 405.1 32.6 75.8 483.0 29.1 453.8

608.8 -889.4 3,493.7 4,383.1 1,498.3 2,726.2 109.1 1.2 0.0 107.9 2,179.9 2,176.5 3.4 35.6 401.6 10.4 391.2

2009

-762.6

247.1 6.0 241.1 112.1 129.0

-121.4 125.7 23.0 102.7 6.9 95.8

292.6 3.8 288.8

-211.8 80.8 2.0 78.8

1,202.0 194.5 33.4 161.2 0.0 437.8 393.9 43.8 68.7 501.0 39.2 461.9

-429.4 -1,994.0 473.2 2,467.2 1,564.6 2,766.5 92.3 5.1 0.0 87.2 2,228.2 2,222.7 5.5 26.6 419.4 12.6 406.8

2010

-420.3

338.3 16.2 322.1 111.1 211.1

-203.7 134.6 22.5 112.1 8.5 103.6

482.1 3.0 479.1

-409.3 72.8 1.1 71.8

1,534.1 345.8 34.7 309.7 1.4 485.6 439.1 46.5 64.4 638.3 139.0 499.3

192.7 -1,274.5 9,271.2 10,545.7 1,467.2 3,001.3 116.0 12.7 0.0 103.3 2,420.1 2,413.5 6.7 31.8 433.4 3.0 430.4

2011


114

15.4 15.4 18.1 -2.7 -2.7 0.0 0.0

2.7 -46.9 -17.8 -29.1 -12.2 -9.7 -2.5 0.0 0.0 0.0 61.8

18.1

1. Capital account A. Capital transfers 1.1 General government 1.2 Other sectors 1.2.1 Migrants' transfers 1.2.2 Other B. Acquisition/disposal of n.p., n.f.a.

2. Financial account 1. Direct investment 1.1 Abroad 1.2 In Aruba 2. Portfolio investment 2.1 Assets 2.2 Liabilities 3. Financial derivaties 3.1 Assets 3.2 Liabilities 4. Other investment 4.1 Assets 4.1.1. Loans 4.1.2 Other assets 4.1.2.1 Currency and deposits 4.1.2.2 Other assets, n.i.e. 4.2 Liabilities 4.2.1. Loans 4.2.1.1 General government 4.2.1.2 Other sectors 4.2.2 Other liabilities

3. Capital and financial account balance (1+2)

1) Excluding banking transactions and official reserves.

1992

During period

23.2

11.2 -16.9 -12.3 -4.6 -7.0 9.4 -16.4 0.0 0.0 0.0 35.1

12.0 12.0 15.3 -3.3 -3.3 0.0 0.0

1993

-60.8

-73.9 -107.9 -2.7 -105.2 -17.7 29.5 -47.2 0.0 0.0 0.0 51.7

13.1 13.1 20.3 -7.2 -7.2 0.0 0.0

1994

TABLE E4: COMPONENTS OF THE CAPITAL AND FINANCIAL ACCOUNT 1)

73.1

46.9 -1.0 -3.0 2.0 -29.7 1.1 -30.8 0.0 0.0 0.0 77.6

26.2 26.2 27.1 -0.9 -0.9 0.0 0.0

1995

64.3

18.9 150.6 -0.6 151.2 -11.2 2.8 -14.0 0.0 0.0 0.0 -120.5

45.4 45.4 27.9 17.5 17.5 0.0 0.0

1996

326.4

288.8 353.7 3.0 350.7 80.0 111.1 -31.1 0.0 0.0 0.0 -144.9

37.6 37.6 38.3 -0.7 -0.7 0.0 0.0

1997

202.7

193.4 147.1 -2.5 149.6 -85.1 -6.1 -79.0 0.0 0.0 0.0 131.4

9.3 9.3 15.7 -6.4 -6.4 0.0 0.0

1998 d

830.5

827.7 840.0 3.2 836.7 -9.2 -67.8 58.6 0.0 0.0 0.0 -3.1 -5.3 51.5 -56.8 -42.8 -13.9 2.2 -1.5 -34.9 33.3 3.7

2.8 2.8 1.5 1.3 1.3 0.0 0.0

1999

-440.0

-460.1 -233.7 -4.8 -228.9 -10.4 -84.4 73.9 0.0 0.0 0.0 -216.0 -22.3 14.8 -37.1 -32.6 -4.5 -193.7 -234.5 -70.8 -163.7 40.8

20.1 20.1 17.0 3.1 3.1 0.0 0.0

2000

-413.3

-410.6 -471.4 6.4 -477.8 76.1 44.9 31.2 0.0 0.0 0.0 -15.4 23.9 32.9 -9.0 2.6 -11.6 -39.3 -58.3 -27.8 -30.5 19.0

-2.7 -2.8 0.0 -2.8 -2.8 0.0 0.1

2001


115

38.1 40.4 37.4 3.1 3.1 0.0 -2.4

591.0 606.4 11.2 595.2 135.5 33.5 102.0 0.0 0.0 0.0 -150.9 -121.9 -1.2 -120.8 -115.0 -5.8 -29.0 -54.5 -34.6 -20.0 25.6 629.0

1. Capital account A. Capital transfers 1.1 General government 1.2 Other sectors 1.2.1 Migrants' transfers 1.2.2 Other B. Acquisition/disposal of n.p., n.f.a.

2. Financial account 1. Direct investment 1.1 Abroad 1.2 In Aruba 2. Portfolio investment 2.1 Assets 2.2 Liabilities 3. Financial derivaties 3.1 Assets 3.2 Liabilities 4. Other investment 4.1 Assets 4.1.1. Loans 4.1.2 Other assets 4.1.2.1 Currency and deposits 4.1.2.2 Other assets, n.i.e. 4.2 Liabilities 4.2.1. Loans 4.2.1.1 General government 4.2.1.2 Other sectors 4.2.2 Other liabilities

3. Capital and financial account balance (1+2)

1) Excluding banking transactions and official reserves.

2002

During period

(continued)

194.5

15.1 291.8 5.7 286.1 76.0 -43.4 119.3 0.2 0.2 0.0 -352.9 -16.8 -8.3 -8.4 -1.8 -6.6 -336.1 51.0 82.0 -30.9 -387.1

179.5 179.4 184.2 -4.8 -4.8 0.0 0.0

2003

-474.2

-504.5 -174.6 14.6 -189.3 42.4 -68.4 110.8 -2.5 0.3 -2.8 -369.8 -273.3 -2.7 -270.6 -261.9 -8.7 -96.5 -69.0 -23.4 -45.6 -27.6

30.3 30.3 30.9 -0.6 -0.6 0.0 0.0

2004

TABLE E4: COMPONENTS OF THE CAPITAL AND FINANCIAL ACCOUNT 1)

-291.8

-325.1 -355.9 15.9 -371.8 -13.5 -52.6 39.2 2.7 4.6 -1.8 41.5 108.0 -6.2 114.2 117.5 -3.2 -66.5 -46.5 -5.7 -40.8 -20.0

33.3 33.3 28.5 4.8 4.7 0.1 0.0

2005

-503.4

-541.3 417.7 23.0 394.7 -79.3 -143.8 64.5 -4.8 2.1 -6.9 -874.8 -753.2 4.4 -757.6 -756.0 -1.6 -121.6 -90.7 -24.7 -66.1 -30.9

37.8 37.8 33.1 4.7 4.7 0.0 0.0

2006

-420.6

-454.4 -919.9 -70.9 -849.0 79.2 -75.0 154.2 1.8 5.1 -3.2 384.4 474.9 9.8 465.1 439.2 25.8 -90.4 -55.6 -22.3 -33.2 -34.9

33.7 33.7 34.1 -0.3 -1.1 0.7 0.0

2007

540.9

259.9 20.6 -4.9 25.5 108.2 -6.8 115.0 -18.4 0.2 -18.6 149.4 236.5 -2.7 239.2 251.8 -12.5 -87.1 -53.3 -44.7 -8.6 -33.8

281.0 281.1 284.0 -3.0 -3.7 0.7 0.0

2008

-116.2

-177.2 -62.6 -2.6 -60.0 6.7 -19.2 25.9 -1.7 1.1 -2.8 -119.5 -76.0 -7.8 -68.2 -127.7 59.5 -43.6 4.0 -18.1 22.1 -47.6

60.9 60.9 50.6 10.4 10.4 0.0 0.0

2009

581.3

566.5 280.6 -4.9 285.5 20.2 -1.5 21.7 0.0 0.0 0.0 265.7 277.8 -6.2 284.0 316.1 -32.1 -12.1 29.6 -24.6 54.1 -41.6

14.8 14.8 6.1 8.7 8.5 0.2 0.0

2010

405.4

399.5 967.6 -5.6 973.2 7.8 -32.2 40.0 0.0 0.0 0.0 -575.9 -955.7 -8.7 -947.0 -80.8 -866.2 379.7 -27.2 -18.0 -9.2 406.9

5.9 5.9 0.0 5.9 5.9 0.0 0.0

2011


116 -0.4 0.0 0.0 0.0

5. Banking transactions 3)

6. Increase (-) in official reserves 4) A. Monetary gold B. Foreign exchange holdings

0.0 0.0 0.0

-31.3

31.3

0.0

205.2

-173.9 -160.5 -157.6 41.2 198.8 -2.9 27.6 30.5 -4.7 0.0 4.7 -8.7 0.0 8.7

1990

0.0 0.0 0.0

-39.5

39.5

0.0

312.4

-272.9 -261.3 -296.5 1,222.9 1,519.4 35.2 68.7 33.5 -2.2 0.0 2.2 -9.4 0.0 9.4

1991 d

1) On a cash basis. 2) Including errors and omissions. 3) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 4) Excluding revaluation differences of gold and official foreign exchange holdings.

0.4

4. Overall balance (1+2+3)

16.8

2. Capital and financial account (net) A. Capital account 1. Capital transfers 2. Acquisition/disposal of n.p., n.f.a. B. Financial account 1. Direct investment 2. Portfolio investment 3. Financial derivatives 4. Other investment 0.0

-17.2 -15.3 -2.0 0.0 2.0 -13.3 0.0 13.3 -1.9 0.0 1.9 0.0 0.0 0.0

1. Current account (net) A. Goods and services 1. Goods 1.1 Exports f.o.b. 1.2 Imports f.o.b. 2. Services 2.1 Receipts 2.2 Payments B. Income 1. Receipts 2. Payments C. Current transfers 1. Receipts 2. Payments

3. Items not yet classified 2)

1989

During period

TABLE E5: BALANCE OF PAYMENTS OF THE OIL SECTOR 1)

0.0 0.0 0.0

-78.7

78.7

0.0

-75.5 0.0 0.0 0.0 -75.5 -71.9 0.0 0.0 -3.6

154.2 160.7 218.7 1,471.4 1,252.7 -58.0 102.6 160.6 -3.0 0.0 3.0 -3.5 0.0 3.5

1992

0.0 0.0 0.0

-18.5

18.5

0.0

-52.2 0.0 0.0 0.0 -52.2 -43.2 -0.2 0.0 -8.8

70.7 74.6 143.9 1,588.4 1,444.5 -69.3 118.1 187.4 -1.6 0.0 1.6 -2.3 0.0 2.3

1993

0.0 0.0 0.0

-34.7

34.7

0.0

-169.4 0.0 0.0 0.0 -169.4 -145.7 -0.9 0.0 -22.8

204.1 208.6 489.1 2,001.2 1,512.1 -280.5 2.0 282.5 -0.7 0.1 0.8 -3.8 0.0 3.8

1994

0.0 0.0 0.0

5.5

-5.5

0.0

-23.2 0.0 0.0 0.0 -23.2 -16.4 -0.5 0.0 -6.3

17.7 23.4 273.8 1,875.1 1,601.3 -250.4 9.2 259.6 -1.0 0.1 1.1 -4.7 0.0 4.7

1995

0.0 0.0 0.0

-4.8

4.8

0.0

110.8 0.0 0.0 0.0 110.8 108.4 -0.8 0.0 3.2

-106.0 -100.8 180.3 2,574.1 2,393.8 -281.1 1.1 282.2 0.1 0.2 0.1 -5.3 0.1 5.4

1996

0.0 0.0 0.0

-2.1

2.1

0.0

323.2 0.0 0.0 0.0 323.2 322.0 -0.8 0.0 2.0

-321.1 -314.0 -21.3 2,462.1 2,483.4 -292.7 0.0 292.7 0.0 0.0 0.0 -7.1 0.0 7.1

1997

0.0 0.0 0.0

-97.5

97.5

0.0

107.4 0.0 0.0 0.0 107.4 108.4 -1.0 0.0 0.0

-9.9 -2.4 206.0 1,530.4 1,324.4 -208.4 0.0 208.4 0.0 0.0 0.0 -7.5 0.0 7.5

1998

0.0 0.0 0.0

-24.1

24.1

0.0

661.9 0.0 0.0 0.0 661.9 664.7 -0.8 0.0 -2.0

-637.8 -604.7 -189.0 2,134.0 2,323.0 -415.7 2.4 418.4 0.0 0.0 0.0 -33.1 0.0 33.1

1999


117 -37.6

5. Banking transactions 3) 0.0 0.0 0.0

-43.1

43.1

0.0

-577.7 0.0 0.0 0.0 -577.7 -593.5 0.0 0.0 15.8

620.8 658.2 1,030.3 4,142.1 3,111.8 -372.1 8.2 380.3 0.0 0.0 0.0 -37.4 0.0 37.4

2001

1) On a cash basis. 2) Including errors and omissions. 3) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 4) Excluding revaluation differences of gold and official foreign exchange holdings.

0.0 0.0 0.0

37.6

4. Overall balance (1+2+3)

6. Increase (-) in official reserves 4) A. Monetary gold B. Foreign exchange holdings

0.0

-428.5 0.0 0.0 0.0 -428.5 -427.0 -1.3 0.0 -0.3

466.1 512.5 903.9 4,336.1 3,432.3 -391.4 5.1 396.5 0.0 0.0 0.0 -46.3 0.0 46.3

2000

3. Items not yet classified 2)

2. Capital and financial account (net) A. Capital account 1. Capital transfers 2. Acquisition/disposal of n.p., n.f.a. B. Financial account 1. Direct investment 2. Portfolio investment 3. Financial derivatives 4. Other investment

1. Current account (net) A. Goods and services 1. Goods 1.1 Exports f.o.b. 1.2 Imports f.o.b. 2. Services 2.1 Receipts 2.2 Payments B. Income 1. Receipts 2. Payments C. Current transfers 1. Receipts 2. Payments

During period

TABLE E5: BALANCE OF PAYMENTS OF THE OIL SECTOR 1) (continued)

0.0 0.0 0.0

-51.4

51.4

0.0

329.0 0.0 0.0 0.0 329.0 422.1 -0.9 0.0 -92.2

-277.6 -250.0 35.1 2,513.0 2,477.9 -285.1 7.4 292.5 0.0 0.0 0.0 -27.5 0.0 27.5

2002

0.0 0.0 0.0

-143.6

143.6

0.0

79.4 0.0 0.0 0.0 79.4 49.8 -1.5 0.0 31.0

64.3 99.0 482.3 3,559.0 3,076.7 -383.3 8.0 391.3 -0.5 0.0 0.5 -34.2 0.0 34.2

2003

0.0 0.0 0.0

-69.2

69.2

0.0

-663.8 0.0 0.0 0.0 -663.8 -406.4 -0.6 0.0 -256.9

733.1 786.1 945.6 6,045.0 5,099.4 -159.6 9.9 169.4 0.0 0.0 0.0 -53.0 0.0 53.0

2004

0.0 0.0 0.0

-112.2

112.2

0.0

-437.2 0.0 0.0 0.0 -437.2 -557.3 -0.7 0.0 120.7

549.5 1,344.9 1,552.3 7,794.5 6,242.2 -207.3 9.2 216.5 -716.5 0.0 716.5 -79.0 0.0 79.0

2005

0.0 0.0 0.0

-229.9

229.9

0.0

-937.5 0.0 0.0 0.0 -937.5 -95.2 -1.1 0.0 -841.2

1,167.5 1,238.6 1,382.1 8,304.1 6,922.0 -143.6 4.3 147.9 0.0 0.0 0.0 -71.1 0.0 71.1

2006

0.0 0.0 0.0

-95.5

95.5

0.0

-613.3 0.0 0.0 0.0 -613.3 -1,138.9 0.0 0.0 525.6

708.8 1,327.6 1,533.2 9,186.0 7,652.8 -205.6 4.2 209.8 -540.3 0.0 540.4 -78.5 0.0 78.5

2007

0.0 0.0 0.0

-137.3

137.3

0.0

-77.5 0.0 0.0 0.0 -77.5 -327.6 0.1 0.0 250.0

214.8 308.3 489.7 9,605.0 9,115.3 -181.4 7.3 188.7 0.0 0.0 0.0 -93.5 0.0 93.5

2008

0.0 0.0 0.0

-148.7

148.7

0.0

-221.8 0.0 0.0 0.0 -221.8 -152.2 -2.3 0.0 -67.3

370.5 399.9 451.4 3,333.9 2,882.6 -51.4 6.1 57.5 0.1 0.1 0.0 -29.5 0.0 29.5

2009

0.0 0.0 0.0

85.2

-85.2

0.0

722.8 0.0 0.0 0.0 722.8 332.1 -0.7 0.0 391.4

-808.0 -797.5 -769.8 259.6 1,029.4 -27.7 23.9 51.7 0.1 0.1 0.0 -10.5 0.0 10.5

2010

0.0 0.0 0.0

-74.8

74.8

0.0

154.2 0.0 0.0 0.0 154.2 646.4 -1.7 0.0 -490.5

-79.3 10.9 220.7 9,026.8 8,806.1 -209.8 7.8 217.6 0.1 0.1 0.0 -90.3 0.0 90.3

2011


118 40.5 -50.9 10.4 0.0 10.4

4. Overall balance (1+2+3)

5. Banking transactions 3)

6. Increase (-) in official reserves 4) A. Monetary gold B. Foreign exchange holdings

-20.9 0.0 -20.9

11.5

9.4

-4.4

137.0

-123.2 -106.7 -603.8 237.1 840.9 497.1 708.1 211.0 -9.2 26.5 35.7 -7.3 43.0 50.3

1990

-40.9 0.0 -40.9

-13.5

27.4

11.8

142.9

-127.3 -95.3 -641.6 350.1 991.7 546.3 777.4 231.1 -11.7 32.1 43.8 -20.3 49.8 70.1

1991 d

1992

-40.4 0.0 -40.4

53.4

-13.0

8.8

93.6 15.4 15.4 0.0 78.2 25.0 -12.2 0.0 65.4

-115.4 -103.7 -574.0 511.1 1,085.1 470.3 869.1 398.8 -14.3 29.0 43.3 2.6 14.8 12.2

1) On a cash basis. 2) Including errors and omissions. 3) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 4) Excluding revaluation differences of gold and official foreign exchange holdings.

-0.2

110.3

-69.6 -59.9 -525.9 191.8 717.7 466.0 628.8 162.8 -18.3 24.0 42.3 8.6 34.8 26.2

1989

3. Items not yet classified 2)

2. Capital and financial account (net) A. Capital account 1. Capital transfers 2. Acquisition/disposal of n.p., n.f.a. B. Financial account 1. Direct investment 2. Portfolio investment 3. Financial derivatives 4. Other investment

1. Current account (net) A. Goods and services 1. Goods 1.1 Exports f.o.b. 1.2 Imports f.o.b. 2. Services 2.1 Receipts 2.2 Payments B. Income 1. Receipts 2. Payments C. Current transfers 1. Receipts 2. Payments

During period

TABLE E6: BALANCE OF PAYMENTS OF THE NON-OIL SECTOR 1)

-59.2 0.0 -59.2

-14.4

35.6

2.9

75.4 12.0 12.0 0.0 63.4 26.3 -6.8 0.0 43.9

-42.7 -5.6 -478.6 575.4 1,054.0 473.0 884.5 411.5 -30.4 28.2 58.6 -6.7 13.4 20.1

1993

3.6 0.0 3.6

-1.5

-2.1

-3.5

108.6 13.1 13.1 0.0 95.5 28.8 -16.8 0.0 83.5

-107.2 -57.1 -636.2 428.0 1,064.2 579.1 1,033.3 454.2 -35.1 22.3 57.4 -15.0 12.9 27.9

1994

-76.5 0.0 -76.5

42.5

34.0

-6.3

96.3 26.2 26.2 0.0 70.1 15.4 -29.2 0.0 83.9

-56.0 -84.7 -720.5 536.4 1,256.9 635.8 1,166.6 530.8 -26.2 31.6 57.8 54.9 77.4 22.5

1995

47.2 0.0 47.2

4.7

-51.9

10.1

-46.5 45.4 45.4 0.0 -91.9 42.2 -10.4 0.0 -123.7

-15.5 17.7 -720.1 528.3 1,248.4 737.8 1,376.4 638.6 -32.0 34.1 66.1 -1.2 32.8 34.0

1996

29.1 0.0 29.1

7.0

-36.1

1.2

3.2 37.6 37.6 0.0 -34.4 31.7 80.8 0.0 -146.9

-40.5 13.7 -678.8 625.2 1,304.0 692.5 1,466.8 774.3 -41.5 37.1 78.6 -12.7 33.0 45.7

1997

-92.9 0.0 -92.9

29.8

63.1

2.2

95.3 9.3 9.3 0.0 86.0 38.7 -84.1 0.0 131.4

-34.4 -23.3 -838.5 554.6 1,393.1 815.2 1,596.8 781.6 -10.0 72.5 82.5 -1.1 52.4 53.5

1998

-5.2 0.0 -5.2

10.1

-4.8

-32.0

168.7 2.8 2.8 0.0 165.9 175.3 -8.3 0.0 -1.1

-141.5 -3.5 -892.3 353.1 1,245.4 888.7 1,654.8 766.0 -76.4 68.4 144.8 -61.6 65.0 126.6

1999


119 -84.4 57.5 26.9 0.0 26.9

4. Overall balance (1+2+3)

5. Banking transactions 3)

6. Increase (-) in official reserves 4) A. Monetary gold B. Foreign exchange holdings

-148.2 0.0 -148.2

61.6

86.6

-10.1

164.4 -2.7 -2.8 0.1 167.1 122.1 76.1 0.0 -31.2

-67.7 112.4 -938.4 195.2 1,133.7 1,050.9 1,766.9 716.0 -102.5 89.2 191.7 -77.7 75.4 153.0

2001

-71.9 0.0 -71.9

84.4

-12.5

18.9

300.0 38.1 40.4 -2.4 262.0 184.2 136.4 0.0 -58.7

-331.4 3.3 -982.6 150.2 1,132.8 985.9 1,788.9 803.0 -242.9 57.6 300.6 -91.8 73.4 165.3

2002

2003

65.0 0.0 65.0

139.8

-204.8

40.4

115.2 179.5 179.4 0.0 -64.3 241.9 77.4 0.2 -383.9

-360.4 -142.5 -1,100.9 113.8 1,214.7 958.4 1,869.1 910.7 -95.1 58.2 153.3 -122.9 73.2 196.0

1) On a cash basis. 2) Including errors and omissions. 3) Minus (-) sign denotes an increase in assets and a decrease in liabilities. 4) Excluding revaluation differences of gold and official foreign exchange holdings.

22.3

-11.5 20.1 20.1 0.0 -31.6 193.3 -9.2 0.0 -215.7

-95.2 42.1 -1,007.8 181.0 1,188.8 1,049.9 1,806.7 756.8 -43.0 94.8 137.9 -94.3 70.7 164.9

2000

3. Items not yet classified 2)

2. Capital and financial account (net) A. Capital account 1. Capital transfers 2. Acquisition/disposal of n.p., n.f.a. B. Financial account 1. Direct investment 2. Portfolio investment 3. Financial derivatives 4. Other investment

1. Current account (net) A. Goods and services 1. Goods 1.1 Exports f.o.b. 1.2 Imports f.o.b. 2. Services 2.1 Receipts 2.2 Payments B. Income 1. Receipts 2. Payments C. Current transfers 1. Receipts 2. Payments

During period

TABLE E6: BALANCE OF PAYMENTS OF THE NON-OIL SECTOR 1) (continued)

-2.8 0.0 -2.8

52.1

-49.4

8.9

189.7 30.3 30.3 0.0 159.3 231.7 43.0 -2.5 -113.0

-247.9 26.0 -1,222.3 102.9 1,325.2 1,248.3 2,233.7 985.5 -133.0 63.8 196.8 -141.0 80.1 221.1

2004

39.7 0.0 39.7

132.3

-172.1

28.9

145.5 33.3 33.3 0.0 112.1 201.3 -12.8 2.7 -79.2

-346.4 -47.8 -1,322.2 110.6 1,432.8 1,274.5 2,331.8 1,057.3 -140.0 76.3 216.3 -158.7 91.2 249.9

2005

-98.6 0.0 -98.6

272.7

-174.2

0.6

434.1 37.8 37.8 0.0 396.3 512.9 -78.2 -4.8 -33.6

-608.9 -258.0 -1,394.3 137.6 1,531.9 1,136.3 2,339.1 1,202.7 -189.4 112.1 301.5 -161.5 96.5 258.1

2006

-77.4 0.0 -77.4

109.9

-32.5

11.2

192.7 33.7 33.7 0.0 158.9 219.0 79.2 1.8 -141.1

-236.4 45.4 -1,390.1 133.2 1,523.3 1,435.6 2,626.6 1,191.0 -139.8 162.1 302.0 -142.0 102.7 244.6

2007

-403.2 0.0 -403.2

-11.7

415.0

-22.5

618.4 281.0 281.1 0.0 337.4 348.2 108.1 -18.4 -100.5

-180.9 155.8 -1,482.8 161.6 1,644.4 1,638.7 2,854.3 1,215.6 -199.3 128.9 328.2 -137.4 123.6 261.1

2008

-61.2 0.0 -61.2

3.7

57.5

-24.7

105.6 60.9 60.9 0.0 44.6 89.6 8.9 -1.7 -52.2

-23.4 208.9 -1,340.8 159.7 1,500.6 1,549.7 2,720.1 1,170.4 -116.0 105.3 221.3 -116.3 125.4 241.7

2009

18.9 0.0 18.9

61.8

-80.7

15.5

-141.5 14.8 14.8 0.0 -156.3 -51.5 20.9 0.0 -125.7

45.4 368.1 -1,224.2 213.6 1,437.8 1,592.3 2,742.6 1,150.3 -211.9 80.7 292.6 -110.9 125.7 236.5

2010

64.9 0.0 64.9

33.1

-98.0

-8.2

251.2 5.9 5.9 0.0 245.3 321.2 9.6 0.0 -85.4

-340.9 181.9 -1,495.2 244.4 1,739.6 1,677.1 2,993.6 1,316.5 -409.4 72.7 482.1 -113.4 134.6 248.0

2011


120 -355.3

3.7

D. Repairs on goods

3. Merchandise trade balance (1-2)

3.6

1,091.1

B. Goods for processing

C. Goods procured in ports by carriers

1,239.4 158.0 1,081.4

2,337.8

1.1

67.5

1,403.9

510.0

1,982.5

1992

A. General merchandise 1. Oil sector 2. Non-oil sector

2. Imports f.o.b.

D. Repairs on goods

C. Goods procured in ports by carriers

B. Goods for processing

A. General merchandise (Non-oil)

1. Exports f.o.b.

During period

TABLE E7: BREAKDOWN OF MERCHANDISE TRADE

-334.7

0.9

6.2

1,298.5

1,192.9 146.1 1,046.8

2,498.5

0.4

97.3

1,588.4

477.7

2,163.8

1993

-147.1

2.5

9.3

1,335.0

1,229.5 176.4 1,053.1

2,576.3

0.7

142.8

1,865.5

420.2

2,429.2

1994

-446.7

11.9

16.2

1,346.8

1,483.3 254.4 1,228.9

2,858.2

1.9

100.8

1,777.8

531.0

2,411.5

1995

-539.8

15.3

23.6

2,266.1

1,337.2 127.7 1,209.5

3,642.2

1.5

159.5

2,420.3

521.1

3,102.4

1996

-700.1

13.1

18.1

2,276.4

1,479.8 207.0 1,272.8

3,787.4

0.6

174.1

2,302.8

609.8

3,087.3

1997

-632.5

12.3

18.9

974.8

1,711.5 349.6 1,361.9

2,717.5

0.6

130.2

1,407.6

546.6

2,085.0

1998

-1,081.3

10.2

17.7

1,906.1

1,634.4 412.3 966.6

3,568.4

0.3

157.0

1,981.1

348.7

2,487.1

1999

-103.9

6.2

23.8

3,079.0

1,512.1 353.3 1,027.8

4,621.0

0.9

246.7

4,096.0

173.4

4,517.1

2000

91.9

1.2

0.1

2,499.8

1,744.5 612.0 998.4

4,245.4

0.0

155.9

3,993.9

187.6

4,337.4

2001

-947.5

0.7

0.0

1,866.5

1,743.6 611.5 1,036.0

3,610.7

0.0

255.8

2,262.7

144.8

2,663.2

2002

-618.6

0.0

0.0

2,388.4

1,903.0 688.3 1,148.5

4,291.4

0.0

176.7

3,387.6

108.5

3,672.8

2003


121 -276.6

0.2

C. Repairs on goods

3. Merchandise trade balance (1-2)

0.0

1,726.9 5,099.4 1,325.0

6,424.6

0.0

334.9

5,813.0 5,716.5 96.6

6,148.0

2004

B. Goods procured in ports by carriers

A. General merchandise 1. Oil sector 2. Non-oil sector

2. Imports f.o.b.

C. Repairs on goods

B. Goods procured in ports by carriers

A. General merchandise 1. Oil sector 2. Non-oil sector

1. Exports f.o.b.

During period

TABLE E7: BREAKDOWN OF MERCHANDISE TRADE (continued)

230.0

0.1

0.0

7,649.9 6,242.2 1,432.7

7,675.0

0.0

242.2

7,662.9 7,558.2 104.7

7,905.0

2005

-12.2

0.3

0.1

8,453.4 6,922.0 1,531.5

8,453.8

0.0

177.5

8,264.1 8,131.6 132.5

8,441.7

2006

143.1

0.7

0.9

9,174.5 7,652.6 1,521.9

9,176.1

0.0

149.6

9,169.6 9,040.2 129.4

9,319.2

2007

-993.1

3.3

1.2

10,755.3 9,115.3 1,639.9

10,759.8

0.0

171.4

9,595.3 9,437.8 157.5

9,766.6

2008

-889.4

0.2

0.2

4,382.7 2,882.6 1,500.1

4,383.1

0.0

77.7

3,416.0 3,260.7 155.3

3,493.7

2009

-1,994.0

0.0

0.3

2,466.8 1,029.3 1,437.5

2,467.2

0.0

105.2

368.0 159.3 208.8

473.2

2010

-1,274.5

0.1

1.8

10,543.9 8,806.1 1,737.8

10,545.7

0.0

140.0

9,131.2 8,890.1 241.1

9,271.2

2011


122

2.5

3.3

3.7

4.6

4.4

4.9

6.8

6.2

6.2

8.2

2003

2004

2005

2006

2007

2008

2009

2010

2011

(2)

0.8

0.8

0.6

0.5

0.3

0.7

0.3

0.4

0.3

0.3

0.2

(3)

1.8

1.7

1.0

1.0

0.8

0.6

0.6

0.4

0.5

0.4

0.3

2.8

42

Other

31

6.2

5.8

5.3

5.5

4.2

2.8

3.1

2.6

2.3

3.2

Total

(6)

8.9

100

20.6

18.4

16.4

17.3

13.9

11.7

12.3

9.9

9.7

9.7

(7)

52.2

54.3

60.3

64.2

63.9

64.0

60.2

58.5

45.2

34.6

27.5

38

34

40

2009

2010

2011

35

39

2007

2008

37

38

2005

2006

34

37

2003

26

2004

21

2002

(1)

(2)

Antilles

4

4

4

3

2

6

2

4

3

3

2

(3)

9

9

6

6

6

5

5

4

5

4

(4)

17

21

20

20

27

27

30

28

34

34

(5)

30

32

32

32

30

24

25

26

24

33

(6)

100

100

100

100

100

100

100

100

100

100

(7)

49

50

51

53

55

56

57

59

51

47

44

(8)

17.1

16.5

18.3

17.5

17.2

13.9

11.8

11.0

10.7

9.4

7.9

(8)

Republic

16

15

15

14

15

12

11

11

12

13

13

Dominican

Colombia

3

3.6

3.9

3.3

3.5

3.7

3.2

3.7

2.8

3.3

3.3

(5)

Netherlands Netherlands Colombia

U.S.A.

(4)

Dominican Republic

Outgoing transfers

2001

Period

3.7

Total

Incoming transfers

(As a percentage of the total)

TABLE E9: REMITTANCES BY COUNTRY

1.9

2002

(1)

2001

Period

Other

Colombia

U.S.A.

Netherlands Netherlands Colombia Antilles

Outgoing transfers

Incoming transfers

TABLE E8: REMITTANCES BY COUNTRY

Peru

Peru

(9)

(9)

4

4

4

4

5

5

5

6

5

6

7

4.8

4.8

5.1

5.3

5.3

5.2

5.1

6.1

4.2

4.1

4.2

(10)

6

6

6

5

5

5

5

3

5

6

6

6.7

6.7

6.6

6.6

6.1

5.8

5.7

3.1

4.4

4.2

4.0

Philippines

(10)

Philippines

(11)

U.S.A.

(11)

U.S.A.

4

4

4

3

3

3

4

4

5

5

6

3.9

4.0

4.2

4.2

3.7

3.5

4.2

4.2

4.2

3.7

3.5

(12)

Other

(12)

Other

21

21

20

19

18

18

18

17

22

23

24

22.1

22.8

24.2

23.1

20.5

20.9

19.3

16.4

19.2

16.9

15.0

106.8

109.1

118.7

120.9

116.7

113.3

100

100

100

100

100

100

100

100

100

100

100

(13)

Total

99.3

87.9

72.9

62.1

106.3

(13)

Total

-86.2

-90.7

-102.3

-103.6

-102.8

-101.6

-94.0

-89.4

-78.2

-63.2

-53.2

(14=6-13)

Net


123

326

Total value of investment

307

174 133 119 14

2002

355

240 115 92 23

2003

2005

2006

2007

389

266 123 82 41 401

272 129 103 26 485

342 143 98 45 508

402 106 73 33

(in millions of U.S. dollars)

2004

3 21 4 227 51

6 10 7 247 55 326

Total value of investment

307

1

2002

1

2001

Japan Luxembourg Netherlands Netherlands Antilles United Kingdom U.S.A. Other countries

End of period

355

6 23 8 290 26

2

2003

2005

2006

2007

389

20 26 9 291 36

7

401

10 1 17 28 14 291 40

485

16 52 39 18 19 282 59

508

12 23 21 34 15 323 80

(in millions of U.S. dollars)

2004

393

8 41 16 35 9 233 51

2008

393

271 122 91 31

2008

TABLE E11: PORTFOLIO INVESTMENT ASSETS BY COUNTRY OF NONRESIDENT ISSUER

194 132 121 11

2001

Equity securities Debt securities of which long-term debt securities of which short-term debt securities

End of period

TABLE E10: PORTFOLIO INVESTMENT ASSETS BY SECURITY

476

8 42 12 42 8 299 65

2009

476

322 154 106 48

2009

558

9 49 13 43 8 369 67

2010

558

399 159 108 51

2010


124

1,540

1,370 170

2004

2006

2007

2008

1,986

1,818 168 3,042

2,587 455 3,283

3,025 258 3,575

3,067 508

(In millions of U.S. dollars)

2005

3,578

3,031 547

2009

Total Inward Direct Investment Positions

Anguilla Austria Bahamas, The Cayman Islands China, P.R.: Hong Kong Curacao India JNetherlands LNetherlands Antilles NPanama NSpain USt. Lucia USwitzerland OUnited Kingdom United States Virgin Islands, British

End of period

0 1 699 173

0 1 914 131

1,540

9 103 231 3

9 75 193 3

1,386

3 58 3 257

2004

0 55 1 4

2003

2006

2007

2008

1,986

1 853 252

9 102 270 6 1 0

4 62 4 422

3,042

2 1,825 168

9 64 66 6 54 1

5 67 4 771

3,283

2 1,852 192

9 -63 224 6 86 1

6 73 5 890

3,575

2 2,002 76

9 51 389 6 79 1

8 77 -2 877

(In millions of U.S. dollars)

2005

3,578

2 2,070 89

9 104 455 2 71 1

12 80 -21 704

2009

TABLE E13: INWARD DIRECT INVESTMENT POSITIONS BY COUNTRY OF INVESTMENT

1,386

893 493

EInward Equity Positions DInward Debt Instruments Positions (net) Total Inward Direct Investment Positions

2003

End of period

3,752

2 60 1 -223 2 2,353 89

12 83 -3 543 176 469 9 179

2010

3,752

2,948 804

2010

TABLE E12: INWARD DIRECT INVESTMENT POSITIONS (TOTAL, EQUITY AND DEBT INSTRUMENTS)


TABLE E14: GROSS EXTERNAL DEBT POSITION OF ARUBA BY SECTOR

1.

End of period

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Government

713.7

744.2

795.0

920.0

749.8

893.3

933.7

987.0

1,024.2

1,059.0

1,076.5

1,119.2

3.6

8.3

16.8

3.9

6.2

14.4

19.5

8.7

4.3

1.1

5.1

2.6

1.1.1 Money market instruments

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

1.1.2 Loans

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

1.1.3 Trade credits and advances

3.6

8.3

16.8

3.9

6.2

14.4

19.5

8.7

4.3

1.1

5.1

2.6

1.1.4 Other debt liabilities

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

710.1

735.9

778.2

916.1

743.6

878.9

914.2

978.3

1,019.9

1,057.9

1,071.4

1,116.6

1.1 Short-term

1.2 Long-term 1.2.1 Bonds and notes

82.4

155.8

197.3

306.5

392.4

511.9

566.4

649.5

702.2

796.4

838.1

917.7

623.2

569.0

555.6

587.2

331.8

324.4

290.5

284.3

279.9

248.7

228.4

191.6

1.2.3 Trade credits and advances

4.5

11.1

25.3

22.4

19.4

42.6

57.3

44.5

37.8

12.8

4.9

7.3

1.2.4 Other debt liabilities

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Centrale Bank van Aruba

0.1

2.3

2.6

8.5

2.6

1.5

3.0

17.2

4.4

7.5

3.1

1.2

0.1

2.3

2.6

8.5

2.6

1.5

3.0

17.2

4.4

7.5

3.1

1.2

2.1.1 Money market instruments

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

2.1.2 Loans

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

2.1.3 Currency and deposits

0.1

2.3

2.6

8.5

2.6

1.5

3.0

17.2

4.4

7.5

3.1

1.2

2.1.4 Other debt liabilities

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

2.2.1 Bonds and notes

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

2.2.2 Loans

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

2.2.3 Currency and deposits

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

2.2.4 Other debt liabilities

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

342.2

391.8

403.5

442.6

582.3

490.1

504.7

558.2

643.3

582.9

541.6

533.7

304.3

365.5

354.2

372.0

513.7

436.1

425.2

496.1

569.9

527.3

484.4

487.2

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

13.5

17.2

1.1

0.0

97.1

38.1

11.5

27.1

19.8

21.1

16.2

36.6

285.1

343.5

347.5

323.3

413.4

385.3

397.2

456.3

537.4

485.7

459.6

441.7

5.6

4.8

5.6

48.7

3.2

12.7

16.5

12.7

12.7

20.4

8.6

8.9

37.9

26.2

49.3

70.6

68.6

54.0

79.4

62.1

73.4

55.6

57.3

46.5 0.0

1.2.2 Loans

2.

2.1 Short-term

2.2 Long-term

3.

Commercial banks

3.1 Short-term 3.1.1 Money market instruments 3.1.2 Loans 3.1.3 Currency and deposits 3.1.4 Other debt liabilities 3.2 Long-term 3.2.1 Bonds and notes

0.0

0.0

0.0

0.0

0.0

0.0

34.0

34.0

34.0

0.0

0.0

3.2.2 Loans

14.5

8.4

3.0

8.0

8.0

11.1

11.1

11.1

6.1

6.1

6.1

6.1

3.2.3 Currency and deposits

23.4

17.9

46.2

62.6

60.6

43.0

34.3

17.0

33.3

49.5

51.2

40.4

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

1,014.1

1,046.3

1,090.1

1,134.1

1,148.0

1,108.6

1,058.0

889.0

756.8

871.5

826.4

668.1

9.5

17.4

21.0

23.2

16.8

13.2

50.3

16.9

13.8

15.5

22.1

12.4

9.5

17.4

21.0

23.2

16.8

13.2

50.3

16.9

13.8

15.5

22.1

12.4

3.2.4 Other debt liabilities 4.

Other Sectors 1)

4.1 Short-term 4.1.1 Money market instruments 4.1.2 Loans 4.1.3 Trade credits and advances 4.1.4 Other debt liabilities 4.2 Long-term

1,004.7

1,028.9

1,069.1

1,111.0

1,131.2

1,095.4

1,007.7

872.0

743.0

856.1

804.3

655.7

4.2.1 Bonds and notes

250.7

255.4

254.6

261.5

307.7

312.8

320.3

321.3

226.7

277.5

264.9

112.8

4.2.2 Loans

715.0

748.5

784.7

810.1

777.4

745.6

650.4

548.8

514.2

568.5

527.7

513.3

38.9

25.0

29.8

39.4

46.0

36.9

37.0

1.9

2.1

10.0

11.7

29.6 2,322.2

4.2.3 Trade credits and advances 4.2.4 Other debt liabilities 5.

6.

Gross External Debt (1+2+3+4)

2,070.1

2,184.6

2,291.2

2,505.2

2,482.8

2,493.5

2,499.3

2,451.3

2,428.7

2,520.9

2,447.7

5.1 Short-term

317.4

393.5

394.6

407.5

539.3

465.2

498.0

538.9

592.5

551.3

514.7

503.5

5.2 Long-term

1,752.7

1,791.1

1,896.6

2,097.7

1,943.4

2,028.3

2,001.3

1,912.4

1,836.2

1,969.5

1,933.0

1,818.7

Intercompany Lending

1,630.4

1,230.4

675.0

1,142.3

1,278.3

507.4

569.1

1,896.8

1,632.0

1,645.5

1,600.8

2,031.3

6.2 Debt liabilities to direct investors

1,630.4

1,230.4

675.0

1,142.3

1,278.3

507.4

569.1

1,896.8

1,632.0

1,645.5

1,600.8

2,031.3

Gross External Debt 2) (5+6)

4,353.5

6.1 Debt liabilities to affiliated enterprises

7.

3,700.5

3,415.0

2,966.2

3,647.4

3,761.1

3,000.9

3,068.4

4,348.1

4,060.7

4,166.4

4,048.4

7.1 Short-term

317.4

393.5

394.6

407.5

539.3

465.2

498.0

538.9

592.5

551.3

514.7

503.5

7.2 Long-term

3,383.0

3,021.4

2,571.6

3,239.9

3,221.7

2,535.8

2,570.4

3,809.2

3,468.2

3,615.1

3,533.8

3,850.0

1) Including nonmonetary financial institutions, public and private nonfinancial corporations, households, and nonprofit institutions serving households. 2) Including intercompany lending

125


126 1,752.7 333.1 1,352.7 23.4 4.5 38.9 2,070.1

2. Long term debt 2.1 Debt securities 2.2 Loans 2.3 Currency and deposits 2.4 Trade credit and advances 2.5 Other debt liabilities

3. Gross External Debt (1+2)

1) Excluding intercompany lending

34.6 345.8 8.3 4.8

23.0 285.2 3.6 5.6

2,184.6

1,791.1 411.2 1,325.9 17.9 11.1 25.0

393.5

2000

317.4

1999

1. Short term debt 1.1 Debt securities 1.2 Loans 1.3 Currency and deposits 1.4 Trade credit and advances 1.5 Other debt liabilities

End of period

2,291.2

1,896.6 451.9 1,343.3 46.2 25.3 29.8

22.2 350.1 16.8 5.6

394.6

2001

2,505.2

2,097.7 568.0 1,405.3 62.6 22.4 39.4

23.2 331.7 3.9 48.7

407.5

2002

TABLE E15: GROSS EXTERNAL DEBT POSITION BY DURATION 1)

2,482.8

1,943.4 700.1 1,117.3 60.6 19.4 46.0

113.9 416.0 6.2 3.2

539.3

2003

2,493.5

2,028.3 824.7 1,081.1 43.0 42.6 36.9

51.3 386.8 14.4 12.7

465.2

2004

2,499.3

2,001.3 920.7 952.0 34.3 57.3 37.0

61.8 400.2 19.5 16.5

498.0

2005

2,451.3

1,912.4 1,004.8 844.3 17.0 44.5 1.9

44.1 473.4 8.7 12.7

538.9

2006

2,428.7

1,836.2 962.9 800.2 33.3 37.8 2.1

33.6 541.8 4.3 12.7

592.5

2007

2,520.9

1,969.5 1,073.9 823.3 49.5 12.8 10.0

36.6 493.2 1.1 20.4

551.3

2008

2,447.7

1,933.0 1,103.0 762.2 51.2 4.9 11.7

38.3 462.7 5.1 8.6

514.7

2009

2,322.2

1,818.7 1,030.5 710.9 40.4 7.3 29.6

49.0 442.9 2.6 8.9

503.5

2010


127

1999

23.1 0.0 11.1 32.9 52.9 120.0

End of period

Government Centrale Bank van Aruba Commercial Banks Other sectors Intercompany Lending

Total GED/GDP ratio

101.8

22.2 0.1 11.7 31.2 36.7

2000

86.3

23.1 0.1 11.7 31.7 19.6

2001

105.0

26.5 0.2 12.7 32.6 32.9

2002

104.0

20.7 0.1 16.1 31.7 35.3

2003

TABLE E16: GROSS EXTERNAL DEBT (GED) TO GDP RATIO BY SECTOR

75.2

22.4 0.0 12.3 27.8 12.7

2004

73.5

22.4 0.1 12.1 25.4 13.6

2005

100.2

22.7 0.4 12.9 20.5 43.7

2006

86.7

21.9 0.1 13.7 16.2 34.9

2007

84.8

21.5 0.2 11.9 17.7 33.5

2008

90.4

24.0 0.1 12.1 18.5 35.7

2009

100.9

25.9 0.0 12.4 15.5 47.1

2010


128 -1,695.8

Net (1-2)

3.

-1,489.7

4,301.9 2,088.8 411.2 0.0 411.2 0.0 1,801.9 19.4 1,360.5 363.7 58.3

196.1 426.6 26.4 422.2

163.1 418.9 35.5 440.3 4,371.3 2,318.0 333.1 0.0 333.1 0.0 1,720.2 8.1 1,375.7 308.7 27.7

2,812.2 1,203.6 537.4 327.3 210.1 0.0 649.0

2000

2,675.5 1,204.2 413.4 248.3 165.1 0.0 617.5

1999

2. Liabilities 2.1 Direct investment in reporting economy 2.2 Portfolio investment 2.2.1 Equity securities 2.2.2 Debt securities 2.3 Financial derivatives 2.4 Other investment 2.4.1 Trade credits 2.4.2 Loans 2.4.3 Currency and deposits 2.4.4 Other liabilities

1. Assets 1.1 Direct investment abroad 1.2 Portfolio investment 1.2.1 Equity securities 1.2.2 Debt securities 1.3 Financial derivatives 1.4 Other investment 1.4.1 Trade credits 1.4.2 Loans 1.4.3 Currency and deposits 1.4.4 Other assets 1.5 Reserve assets

End of period

TABLE E17: INTERNATIONAL INVESTMENT POSITION

-1,006.4

3,939.0 1,609.1 451.9 0.0 451.9 0.0 1,878.0 42.1 1,365.5 396.3 74.1

169.5 420.8 24.2 580.8

2,932.5 1,194.4 542.9 346.0 196.9 0.0 614.5

2001

-1,816.7

4,765.3 2,203.6 568.0 0.0 568.0 0.0 1,993.7 26.3 1,428.5 394.3 144.6

143.9 397.7 43.5 676.3

2,948.6 1,183.4 503.8 312.0 191.7 0.0 585.1

2002

-1,858.2

5,025.4 2,480.1 700.1 0.0 700.1 0.0 1,845.2 25.6 1,231.2 476.7 111.7

173.2 571.8 16.2 611.5

3,167.2 1,177.6 616.8 423.1 193.7 0.0 761.3

2003

-1,926.8

5,315.8 2,757.1 824.7 0.0 824.7 0.0 1,734.0 57.0 1,132.4 429.8 114.9

162.6 744.3 23.6 615.9

3,389.0 1,157.8 684.7 467.1 217.5 0.0 930.6

2004

-2,838.5

6,134.3 3,555.8 920.7 0.0 920.7 0.0 1,657.8 76.8 1,013.8 434.5 132.7

131.2 675.1 25.0 591.6

3,295.8 1,139.6 733.3 499.6 233.7 0.0 831.3

2005

-3,654.3

8,002.2 5,445.0 1,004.8 0.0 1,004.8 0.0 1,552.4 53.2 888.3 490.4 120.5

102.6 1,469.7 20.0 731.1

4,348.0 1,115.1 909.5 613.6 295.9 0.0 1,592.2

2006

-4,303.9

8,448.6 5,877.3 962.9 0.0 962.9 0.0 1,608.4 42.1 833.8 575.1 157.4

111.7 1,141.9 27.8 832.4

4,144.6 1,091.4 939.3 670.2 269.1 0.0 1,281.5

2007

-4,870.6

9,078.4 6,398.9 1,073.9 0.0 1,073.9 0.0 1,605.6 13.9 859.9 542.7 189.0

133.7 974.2 25.4 1,254.8

4,207.7 1,096.0 723.7 498.0 225.7 0.0 1,133.2

2008

-4,309.3

8,953.8 6,404.2 1,103.0 0.0 1,103.0 0.0 1,446.6 10.0 800.5 513.9 122.2

148.6 1,260.0 17.1 1,254.9

4,644.5 1,094.3 869.4 584.9 284.5 0.0 1,425.8

2009

-4,850.1

9,204.4 6,717.6 1,030.5 0.0 1,030.5 0.0 1,456.3 9.9 760.0 483.3 203.1

142.4 802.6 34.9 1,296.8

4,354.3 1,100.7 976.9 617.2 359.7 0.0 979.9

2010


129

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

1.305 1.362 1.464 1.521 1.543 1.572 1.490 1.960 1.320 1.315 1.322 1.303 1.217 1.215 1.215 1.179 1.151 1.292 1.389 1.488 1.589 1.687 1.698 1.589 1.748 1.820

(1)

Canadian dollar

(2)

2.671 2.969 3.219 2.963 3.226 3.197 3.189 2.716 2.775 2.854 2.824 2.958 2.996 2.926 2.740 2.608 2.723 2.959 3.312 3.284 3.330 3.615 3.343 2.838 2.796 2.900

Pound sterling

74.172 89.100 91.215 84.880 98.941 96.518 102.700 96.688 99.223 111.985 106.599 92.169 90.858 86.955 75.304 73.083

(3)

(4)

101.053 120.937 123.112 109.948 129.847 125.756 128.546 121.593 131.992 152.051 145.392 123.836 124.206 119.161 106.012 106.553 115.940 133.495 144.722 144.109 143.325 149.775 166.061 165.835 172.667 203.079

Netherlands Swiss guilder franc (x 100) (x 100) (5)

26.376 30.225 30.467 28.355 33.291 32.205 34.332 31.935 32.742 36.248 35.345 31.028 30.766 29.208 25.299 24.562

French franc (x 100) (6)

83.636 100.351 102.504 95.702 111.431 108.715 115.671 108.550 111.222 125.392 119.398 103.679 102.369 97.957 84.843 82.344

German mark (x 100)

TABLE E18: OFFICIAL FOREIGN EXCHANGE RATES (SELLING) (Period averages)

1.260 1.415 1.409 1.336 1.527 1.479 1.490 1.167 1.142 1.130 1.191 1.082 1.063 0.990 0.857 0.832

(7)

Italian lire (x 1,000)

124.615 133.581 142.021 162.295 176.104 191.322 165.067 148.745 137.891 158.931 167.047 148.245 144.179 155.490 166.471 163.430 154.700 152.965 174.487 192.668 205.736 226.042

(8)

228.958 222.607 232.624 209.425 212.991 231.867 224.604 202.662 201.533 191.191 165.948 160.736 170.323 203.622 223.843 223.609 225.983 246.688 264.384 251.100 238.416 250.302

(9)

Japanese ECU/Euro yen (x 10,000) (x 100)


130

1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

1.310 1.390 1.510 1.555 1.555 1.555 1.420 1.355 1.285 1.325 1.315 1.260 1.165 1.240 1.200 1.130 1.144 1.403 1.495 1.549 1.553 1.834 1.476 1.715 1.805 1.763

(1)

Canadian dollar

(2)

2.685 3.380 3.160 2.905 3.475 3.380 2.745 2.675 2.825 2.805 3.070 2.995 2.990 2.920 2.690 2.620 2.916 3.238 3.488 3.111 3.541 3.623 2.645 2.934 2.809 2.803

Pound sterling

82.520 101.100 89.920 93.850 106.320 105.050 99.070 92.630 103.560 111.970 103.060 89.140 95.170 82.010 75.800 71.940

(3)

(4)

111.350 140.680 119.770 116.030 140.660 132.450 123.340 121.270 136.880 155.910 133.010 123.510 130.300 112.430 109.200 106.780 129.646 145.517 158.424 136.190 147.107 159.647 168.154 174.212 191.683 190.930

Netherlands Swiss guilder franc (x 100) (x 100) (5)

28.340 33.750 29.930 31.210 35.490 34.870 32.860 30.710 33.830 36.880 34.530 30.240 32.190 27.550 25.460 24.170

French franc (x 100) (6)

93.160 113.690 101.460 105.950 119.890 118.310 111.240 103.570 115.950 125.270 115.620 100.410 107.180 92.400 85.400 81.060

German mark (x 100)

TABLE E19: OFFICIAL FOREIGN EXCHANGE RATES (SELLING) (End of period)

1.360 1.560 1.400 1.440 1.610 1.590 1.240 1.080 1.130 1.160 1.200 1.050 1.110 0.930 0.860 0.820

(7)

Italian lire (x 1,000)

132.340 143.650 143.890 160.520 179.890 173.900 154.180 137.970 157.660 175.920 156.990 137.470 151.665 168.239 175.464 152.788 150.973 160.567 198.478 194.621 221.239 232.302

(8)

245.340 239.890 216.730 200.260 219.920 229.730 222.710 198.110 210.560 180.720 167.030 158.540 188.656 227.207 245.035 212.222 236.922 264.823 250.360 259.157 240.376 232.766

(9)

Japanese ECU/Euro yen (x 10,000) (x 100)


Oil sector

131

Non‐oil sector

2011

2010

2009

2008

2011

2010

2009

2008

2007

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2001

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2011

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2009

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2003

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2000

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1997

1996

1995

1994

1993

1992

1991

1990

1989

In Afl. million

Capital and financial account (including items not yet classified)

2007

2006

Current transfers

2005

2004

2003

2002

2001

Income 1998

1997

1996

1995

1994

1993

1992

1991

1990

Oil sector

2000

1999

1998

1997

Services

1996

1995

1994

1993

Goods 1989

1988

1987

1986

In Afl. million Current account

1992

1991

1990

1989

In Afl. million

2011

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1991

1990

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1988

1987

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In Afl. million

Chart E1: Balance of payments summary

1,000

0

‐1,000

Overall balance outcome

500 400 300 200 100 0 ‐100 ‐200 ‐300 Chart E2: Overall balance by sector

Non oil sector

1500 Chart E3: Components of the current account

500

‐500

‐1500

‐2500

Current account balance

Chart E4: Current account by sector

2,000

1,000

0

‐1,000


2009

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2011

2009

2010

2011

2008

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2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1994

1993

1995

3,000 2,500 2,000 1,500 1,000 500 0 1992

In Afl. million

Chart E5: Gross tourism receipts

Capital account Financial derivatives

Direct investment Other investment

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

1998

1997

1996

1995

1994

1993

1992

In Afl. million

Chart E6: Components of the capital and financial account 1,000 600 200 ‐200 ‐600 ‐1,000 Portfolio investment Capital and financial account balance

1,000 500 0 ‐500

Oil sector

Non‐oil sector

Chart E8: Remittances 25 ‐25 ‐75

Incoming transfers

Outgoing transfers

132

Net

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

‐125

2011

2010

2009

2008

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2004

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1998

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1996

1995

1994

1993

1992

1991

1990

1989

‐1,000

In Afl. million

In Afl. million

Chart E7: Capital and financial account by sector


Chart E9: Incoming transfers for remittances by country

In percent

100 50

U.S.A.

Other

2011

2009

Colombia

2010

2008

2006

Netherland Antilles

2007

Netherlands

2005

2004

2003

2002

2001

0

Chart E10: Outgoing transfers for remittances by country In percent

100 50

2011

Other

2010

Peru

2009

2008

2006

Dominican Republic

2007

Colombia

2005

2004

2003

2002

2001

0

600 400 200 2008

2009

2010

2009

2010

2007

2008

Equity securities

2006

2005

2004

2003

2002

0 2001

In USD million

Chart E11: Portfolio investment assets by security

Debt securities

150 100 50

Long‐term debt securities

133

2007

2006

2005

2004

2003

2002

0 2001

In USD million

Chart E12: Debt securities

Short‐term debt securities


In USD million

Chart E13: Portfolio investment assets by country of nonresident issuer 600 400 200 0 2001

2002

2003

Luxembourg

2004

Netherlands

2005

2006

2007

Netherland Antilles

U.S.A.

2008

2009

2010

Other countries

In USD million

Chart E14: Inward direct investment positions 4,000 2,000

Inward equity positions

Inward debt instruments positions (net)

2010

2009

2008

2007

2006

2005

2004

2003

0

Total inward direct investment positions

In Afl. million

Chart E15: Gross external debt by sector  5,000 4,000 3,000 2,000 1,000 0 1999

2000

Government

2001

2002

Centrale Bank van Aruba

2003

2004

2005

Commercial banks

2006

2007

Other sectors

2008

2009

2010

Intercompany lending

3,000 2,000 1,000

Government

Centrale Bank van Aruba

134

Commercial banks

Other sectors

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

0 1999

In Afl. million

Chart E16: Gross external debt by sector (excluding intercompany lending)


Assets

Liabilities

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

5,000 2,500 0 ‐2,500 ‐5,000 ‐7,500 ‐10,000 1999

In Afl. millions

Chart E17: International investment position

Net

Chart E18: Official foreign exchange rates (selling) per Afl. 100  300 250 200

Euro (period average)

135

Euro (end of period)

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

150


the CBA. Travel-related expenditure include expenditure by stay-over visitors, before (e.g. pre-paid packages), during, and immediately after a trip as estimated by the CBS via a special survey. Average daily expenditure cover expenditure in Aruba only (thus, excluding expenditure on pre-paid packages), as calculated by the CBS. Average daily rate of hotels and revenue per available room are excluding timeshares. Room tax receipts are excluding tax receipts related to previous periods. Contribution to current account of the balance of payments is calculated by gross tourism receipts as a percentage of current account receipts, excluding the oil sector.

Explanatory notes to the tables Table A1: Gross domestic product Gross Domestic Product (GDP) and its components are calculated on the basis of the United Nations publication “A System of National Accounts, 1993”. The Central Bureau of Statistics (CBS) has published GDP figures for 1995 up to and including 2006. Exports and imports of goods and services exclude crude oil and refined oil products. An estimation of the net value added of the oil sector is included in the data on exports. The various GDP components are deflated individually and a weighted average of these individual deflators is used to derive an overall deflator, which in turn is used to calculate the real GDP.

Table A8, Table A9 and Table A10: Consumer price indices As of December 2006, the consumer price index (CPI), produced by CBS, is based on the household expenditure survey conducted by the CBS during the months of April and May of 2006.

Population data refer to the average of this variable at the beginning and at the end of each respective year.

The CBS has also changed the classification system used in the household expenditure surveys from a national to an international agreed Classification of Individual Consumption according to Purpose (COICOP) system for consumer expenditures and prices, which provides a suitable classification for CPI purposes.

Table A2 and Table A3: Business Perception Survey (Results and indices by selective sectors) These tables provide relevant information on the main economic developments during the given period, as well as a short-term outlook derived from the Business Perception Survey (BPS) conducted by the Centrale Bank van Aruba (CBA) since the second quarter of 2002. This BPS is a short questionnaire and is a widely used instrument that provides abovementioned information. The information is based on the experience, judgment, and opinion of respondents, mainly leading businesses.

In order to calculate consistent annual rates of change with the new classification, the CPI has to be calculated retrospectively for 2 years. Therefore, December of 2006 has been chosen as the new base period for the CPI. Subsequently, the CPI figures for 2007 and 2008 have been revised accordingly. To convert the indexes prior to December 2006 to the new base period, these indexes should be multiplied by the ratio of the new and old index. For instance, the indexes in column 1 “Total index” prior to December 2006 should be multiplied by the ratio 0.8306 i.e.,

Table A4: Partial Economic Activity Index This table of the CBS gives the index as an indicator of variations in the volume of the turnover in seven sectors accounting for 71 percent of the total value added in Aruba. Table A5, Table A6 and Table A7: Tourism These tables provide information about the tourism receipts and expenditures, the number of stay-over visitors and their nights spent on the island, the number of stay-over visitors by origin, the number of cruise passenger arrivals and ship calls, and the average hotel occupancy rate. Gross tourism receipts include receipts from stay-over and cruise tourism, as well as from other tourism-related income as registered by

December   2006   (New  index) 100.0  =    = 0.8306 December   2006   (Old  index)   120.4

Table A11: Construction activities This table includes data on the number of construction permits and the value of the building permits granted by the Department of Public Works, as well as the number of electrical installations approved by the Department of Technical Inspection.

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The number of permits granted for the construction of houses and stores & shopping malls is excluding additions to and remodeling of existing houses and stores & shopping malls.

of dispatchment as the final country to which goods are delivered. Table A15: Oil refining This table provides the value of imports of crude oil and exports of refined oil, as well as the quantity of oil refined by Aruba’s oil refining company.

Table A12: Utilities The table Utilities reflects the consumption of water, electricity and gas. The consumption of water is excluding sales to Aruba’s oil refining company and vessels. Each category is presented on the basis of its standard unit of measure. The utilities index is calculated as a weighted average of the indexed consumption of water, electricity and gas. The weights used here are dynamic and fluctuate according to the relative significance (during a period) of the value of each consumption category in the aggregated value. Annual data are based on the year 1996 (=100), while quarterly data are based on an average of the year, since the quarterly data reflect only the consumption during a quarter, while the annual data is cumulative.

Number of employees is excluding persons employed with contractors. Table B1: Centrale Bank van Aruba detailed balance sheet Columns: (2) Other Mainly equipment and miscellaneous items. (5 and 6) Foreign assets: Claims on banks Balances with foreign central and commercial banks in convertible and other currencies. Claims on governments Treasury bills and other securities issued by foreign governments and international organizations in convertible and other currencies.

Table A13 and Table A14: Merchandise foreign trade, respectively by country and by product category The data for these tables (by country and by product category) are collected through Customs administration using the automated Harmonized Commodity Description and Coding System. In this system, about 8,500 documents related to export and import are registered on a monthly basis. The CBS processes the import and export data using the International General Trade System. Certain types of goods are excluded from the data, e.g., monetary gold, securities, bank notes, coins in circulation, and postal items. Furthermore, goods consigned by a government to its armed forces and diplomatic representatives abroad (including embassies, consulates, the Cabinet of the NetherlandsAntillean and Aruban Affairs (VNO), the Cabinet of the Governor of Aruba representing the Queen of the Kingdom of the Netherlands, and the Marine Corps) are also excluded from the trade statistics. These exclusions are in accordance with the recommendations of the United Nations. Mineral fuels are also excluded.

(10) Bank notes issued Bank notes held by the public and commercial banks. (13) Official entities Includes the Post Aruba N.V. the former post office. (16) Other financial institutions' deposits These institutions are bank-like financial institutions, such as mortgage and investment banks, licensed by the CBA to operate in the domestic market. Other nonbank financial institutions comprising, inter alia, insurance companies and pension funds, are included under column (17) "private sector". (17) Private sector Includes business enterprises, individuals, nonbank financial institutions and foundations. (18) Other Money in custody, other liabilities and CBA's current net income position.

The country from which goods are imported is the country of consignment or provenance from which goods are dispatched to Aruba without any commercial transactions in intermediate countries. The country of export is the country of destination known at the time

Table B3: Coins issued The government issues coins, which are, therefore, its liability. The CBA buys the coins and resells them at face value to the commercial banks and to the public.

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Table B4: Commercial banks – summary account It should be noted that the start of the new series as from en 1988 is due to a revision of the monthly reporting of the commercial banks.

Mortgages Loans and advances to enterprises and individuals secured by real estate. Individuals Loans and advances to individuals, excluding mortgages.

The main changes are a) a switch to the reporting of gross loans after provisions for loan losses (allocated and unallocated) and b) elimination of the netting of loans with deposits of the same clients. As a consequence the amount of outstanding loans and of deposits has changed considerably.

Government Loans and advances to the government, excluding official entities. (10) Premises The commercial banks' own buildings, other real estate, and equipment.

Commercial banks are financial institutions licensed to carry out banking operations with residents. These banks grant loans, and have among their liabilities deposits transferable by check or otherwise usable in making payments.

(11) Subsidiaries Holdings of at least 10 percent of the equity capital of other companies and advances to these companies. (12) Accounts receivable Costs, commissions, dividends, rents, and other income earned or accrued, but not yet collected, as well as prepaid expenses not included in the banks' current profit and loss accounts.

Commercial banks' transactions resulting in claims on, and liabilities to, nonresidents are included in this balance sheet only if these transactions are an integral part of their total activities. Offshore businesses sheltered in a separate accounting unit (where claims on nonresidents are kept equal to liabilities to nonresidents so that no net open position arises) are not included in this balance sheet.

(21) Total assets The balance sheet total does not correspond with that of Table C1, because in this table interbank assets and liabilities have been netted out; the net figure is recorded in column (13) "other (net)".

Column: (7) Capital and reserves: Includes subordinated debt.

(22 to 25) Demand deposits Deposits withdrawable on demand, in the form of balances on checking and similar accounts. Also included are time deposits matured but not renewed.

Table B5: Commercial banks – prudential ratios The risk-weighted capital ratio is derived by dividing the banks' capital base by the total amount of the risk-weighted assets, including both on-balance and off-balance sheet activities. As of June 1989, the internationally adopted risk-weighted capital ratio was introduced.

(26 to 29) Time deposits Deposits with a specific original maturity. (30) Savings deposits Deposits with certain withdrawal restrictions, but with no specific maturity condition.

Table B6: Commercial banks – detailed balance sheet Columns: (6 to 9) Loans and advances: Enterprises Commercial loans and advances to private and public enterprises and official entities. Public enterprises consisting of, inter alia, among which the Telecommunications Company (SETAR), are companies producing goods and nonfinancial services, whose shares are fully or largely owned by the government.

(31) Other liabilities Accounts payable, provision for loan losses and items not included elsewhere. (32) Capital and reserves Paid-up capital by residents, reserves, retained profits, and the banks' current net income position.

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(33) Subordinated debt Liabilities subordinated to claims of depositors and other creditors.

Inflow of foreign funds Financial flows arising from changes in market prices and exchange rates of gold, official foreign exchange and security holdings are excluded in order to calculate the net flow of foreign funds by the nonmonetary sectors.

Table B7: Commercial banks’ loans to domestic sectors by kind of economic activity This table provides a distribution of resident commercial loans to economic sectors according to the third revision of the International Standard Industrial Classification (ISIC) of all economic activities of 1990 of the United Nations.

Table B11: Foreign assets Aruba's net foreign assets consist mainly of convertible claims on nonresidents and gold less convertible liabilities to nonresidents, including revaluation of gold. Aruba has no accounts with the International Monetary Fund, because it participates in this institution as part of the Kingdom of the Netherlands. Until the end of 2000, the gold holdings of the CBA was valued once every three years at the lowest yearly average market price for gold, converted into florin, in the three calendar years preceding the date of valuation, less 30 percent. Since December 31, 1998, gold has been valued at Afl. 368.58 (previously: Afl. 450.74) per fine troy ounce. Effective December 31, 2001, gold is valued on a quarterly basis at the prevailing market price. Financial flows arising from changes in these market prices and exchange rates of gold, official foreign exchange and security holdings of the CBA are included in the revaluation account.

Table B8: Monetary survey The monetary survey consolidates the accounts of the CBA, the commercial banks, and the government, related only to the issuance of components of money supply, i.e., coins and treasury bills. This survey shows the financial relationship between the monetary sectors, whose liabilities include the money supply, and other sectors of the economy. Net claims on public sector: Gross claims Resulting from the issuance of coins and treasury bills. Gross claims include loans granted, as well as government bonds in the hands of the monetary sector. Net foreign assets: Centrale Bank van Aruba Revaluation differences of gold, official foreign exchange and security holdings are excluded in order to calculate the net flow of foreign funds by the nonmonetary sectors.

Column: (9) Revaluation differences Revaluation account for gold, official foreign exchange and security holdings. Table B12: Money-creating institutions consolidated balance sheet Money-creating institutions These are the CBA, the government and the commercial banks.

Table B9: Components of broad money "Money" consists of bank notes, coins and demand deposits of the private sector. It does not include government deposits, neither the deposits of the commercial banks with the CBA, nor their cash holdings. "Quasi-money" comprises time and savings deposits with the commercial banks and the CBA, as well as treasury bills held by the private sector. This table shows the total liquid claims of the domestic private sector on money-creating institutions.

Claims on money-creating institutions: Monetary authorities These are institutions (the CBA and the government) that create base money. Other domestic assets Mainly equipment and miscellaneous items.

Table B10: Causes of changes in broad money This table reflects the causes of changes in broad money broken down in net foreign assets and net domestic assets. The latter include the non-credit-related balance sheet items of the money-creating institutions.

Revaluation differences Revaluation account for gold, official foreign exchange and security holdings. In accordance with the Central Bank Ordinance as revised in December 1989, valuation changes arising from changes in the market prices and exchange rates of gold, official foreign

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exchange and security holdings are accounted for in a revaluation reserve.

originates from granting loans and conducting other banking activities.

Other domestic liabilities Money in custody, miscellaneous items and other liabilities.

Table B23: Bank-like institutions - core set of macroprudential indicators Regulatory capital: The regulatory capital is used as a measure to assess the credit institution’s capital adequacy against its weighted risk value. The regulatory capital consists of “core capital” (Tier I) and “supplementary capital” (Tier II).

Table B13: Nonmonetary financial institutions - balance sheet This table provides the financial positions of the nonmonetary financial institutions with residents and nonresidents. It comprises mortgage banks, pension funds, life insurance companies, finance companies, the Aruban Investment Bank, the Social Security Bank and IBA Corporation N.V (established in October 2003 to support the settlement of the take-over of Interbank Aruba N.V. by Aruba Bank N.V.). As of 2009, also nonlife insurance companies are included.

Nonperforming loans: Loans with a past due status of over 90 days on the payment of interest or principal are considered to be nonperforming. Table B26: Nonlife insurance companies – income statement Net premiums: Net premiums consist of the sum of direct written premiums and assumed premiums, less ceded premiums, and adjusted for changes in the unearned premium provision.

Table B14: Financial survey The financial survey provides an overview of the activity of the financial sector as a whole. It covers financial positions of the financial sector with other domestic sectors and nonresidents. It comprises the accounts of the CBA, the Treasury (the government, related only to the issuance of components of money supply, i.e., coins and treasury bills), the commercial banks, and the aggregated accounts of the nonmonetary financial institutions, comprising mortgage banks, pension funds, life insurance companies, finance companies, the Aruban Investment Bank, the Social Security Bank and IBA Corporation N.V (established in October 2003 to support the settlement of the take-over of Interbank Aruba (N.V.) by Aruba Bank N.V.). As of 2009, also nonlife insurance companies are included.

Net claims: Net claims consist of the sum of direct claims paid and assumed claims paid, less ceded claims recovered, and adjusted for changes in the net claims provision. Table B31: Life insurance companies – income statement Net premiums: Net premiums consist of the sum of direct written premiums and assumed reinsurance premiums, less ceded reinsurance premiums. Net claims: Net claims consist of the sum of death claims, maturities and lapses, surrenders and other claims, less ceded claims recovered. Table C1: Interest rates of commercial banks Averages of month-end rates This table covers interest rates based on month end averages of all banks’ rates for domestic activities. Current account balances are usually non-interest bearing.

Table B15: Housing mortgages This table provides the housing mortgages loan portfolio of the financial sector, including the nonmonetary financial institutions. Table B21: Bank-like institutions - balance sheet Allocated loan loss provision (ALLP): The ALLP is a specific provision formed against potential losses on particular loans, i.e. whereby full repayment is not expected to occur.

Table C2: Interest rates of commercial banks Weighted averages related to transactions during the indicated period As of September 1998, the CBA introduced a new method to report and calculate the interest rates on deposits and loans of the commercial banks. The interest rates shown represent the period weighted average rates of these banks on new loans and deposits for domestic

Unallocated loan loss provision (ULLP): The ULLP is considered as a special form of a dynamic determined provision related to the general risk of credit institutions, which

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activities. Nominal interest rates are used for the deposits. An annual percentage rate (APR) is calculated for the interest rates charged on consumer credit. A weighted average rate of interest is calculated for both deposits (i.e., time and savings) and loans (i.e., individual and commercial). Subsequently, a margin between the credit and debit rate is computed.

Expenditure The level of expenditure is derived as a residual of total registered revenue (including grants minus net lending) and net financing. The Department of Finance provides information on the nature of the expenditure. Items n.i.e. (not included elsewhere) is a residual, and thus includes errors and omissions. In 2000 and the fourth quarter of that year, the Afl. 36.7 million debt settlement resulting from the separation of funds associated with the Status Aparte of Aruba in 1986 was reclassified from a current transfer in the “items not included elsewhere” to a repayment of debt in the item “net foreign capital”.

Table D1 and Table D2: Government financial operations These tables provide a summary of the financial operations of the government on a cash basis, including imputed noncash transactions such as the transactions related to the hotel guarantee issue and the APFA debt conversion.

Lending minus repayments This category covers government payments leading to financial claims upon others or to government equity participation in the ownership of enterprises, minus receipts reducing or extinguishing such claims or equity holdings undertaken for public policy purposes.

The government as defined by the CBA, comprises all departments, including the Department of Public Works (DOW), “Landsbedrijf Ontwikkelingsprojecten” (LOP) and the Fondo Desaroyo Aruba (FDA). Thus, excluded are the social security sector, which comprises mainly the Social Security Bank (SVb) and the General Health Insurance (AZV).

Net financing Net financing comprises net foreign capital, nonbank domestic capital, and the net recourse to the monetary system of the government.

In December 2004, following the approval by the Parliament of Aruba of the privatization of the civil servants pension fund, APFA, an agreement between the government and the APFA was reached on a debt conversion pertaining to existing payment arrears in premiums and cost of living allowances and private loans extended by the APFA to the government. The conversion consisted of a 12year bond and a 35-year annuity loan, while a small part will be settled against future tax liabilities of APFA to the government.

Net foreign capital Includes net-borrowing on behalf of public institutions, bonds issues and private placements on international markets. Net domestic capital Includes net-borrowing from nonmonetary sectors, mainly by issuing government bonds and the reclassification of the debt settlement mentioned in the heading expenditure.

The government finance data for the period between 1992 and 2003 were also revised to include the government’s debt assumption, including a debt forgiveness, related to the hotel guarantees issued in the past.

Net recourse to the monetary system Includes commercial banks loans to the government, purchases of government bonds by those banks, drawing on governments’ deposits and treasury bills issue.

Revenue and grants Comprise receipts recorded by the Tax Collector’s Office, the Department of Finance and the CBA. Tax and nontax revenues are classified according to the nature of the base on which the tax is levied or the kind of action which creates the obligation concerned. Grants are unrequited, non-repayable, noncompulsory receipts from other governments or international institutions. Grants and debt forgiveness are also included in nontax revenue.

Memorandum items The unmet financing requirements comprise all registered payment obligations to other sectors, irrespective of the time frame in which they mature. The financial deficit under this heading includes the change in the unmet financing requirements.

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Table D3: Government revenue This table provides a detailed overview of the total government revenue, subdivided into taxes, and nontax revenue.

legally obliged to report to the CBA their transactions with nonresidents. In practice, licensed foreign exchange banks, operating either as intermediaries or on their own behalf, report the bulk of the transactions. Local companies, including the Oil Refinery, holding accounts with nonresidents are also obliged to report. Changes in the balance on these accounts are registered either as an increase or a decrease in currency and deposits included in other investment, as well as in other capital included in direct investment. Other quarterly and annual reports of enterprises are also used for obtaining additional information on, inter alia, foreign assets and liabilities.

In March 2003, a debt forgiveness amounting to Afl. 171.7 million granted by the Italian export credit insurer, SACE, to the government as part of the settlement of the hotel guarantees issued in the past was classified as a capital transfer and registered in the item other nontax revenue. Table D4: Government position with the monetary system This table covers the government’s financial position with the CBA and the commercial banks. It gives an overview of the government’s deposits with the CBA and the local commercial banks and its liabilities to the monetary authorities and local commercial banks.

Items not yet classified Within the balance-of-payments system of closed and consistent returns, these items related to transactions which have already resulted, within a given recording period, in payments or settlements within the monetary sector but of which the nature of the underlying transactions in the nonmonetary sectors is not yet known. As soon as this information is available these items are entered in the current or capital and financial account. Profits and losses on foreign exchange transactions of the CBA and the commercial banks as well as revaluation differences of foreign claims and liabilities of the commercial banks are also included.

Table D5: Outstanding government debt This table gives a detailed overview of the outstanding government debt based on information provided by the Department of Finance, the APFA and the CBA. The total debt, excluding the outstanding government guarantees, is divided into a domestic and a foreign debt component. The domestic debt comprises negotiable and non-negotiable debt, which is further divided into short and long term. The foreign debt, valuated at end-ofperiod exchange rates, includes the debt to the Netherlands, the European Investment Bank, the United States and a residual category, comprising among others the Netherlands Antilles. With regard to the latter, governments bonds held by nonresidents are also included.

Banking transactions Banking transactions cover all capital and financial transactions of authorized foreign exchange banks carried out for their own account. These transactions comprise, among other things, loans to and from foreign banks and nonbanks and their redemptions, the placement of notes with nonresidents issued for their own account. Changes in their liquid claims and liabilities are also included.

Data on outstanding government debt for the period between 1992 and 2003 were revised to reflect the government’s debt assumption related to the hotel guarantees issued in the past.

Increase (-) in official reserves The official reserves comprise all claims and liabilities of the CBA vis-à-vis nonresidents. Changes in the official foreign exchange reserves (excluding revaluation differences of gold, foreign exchange and security holdings) cover all changes in claims on and liabilities to nonresidents of the CBA denominated in foreign currencies, as well as changes in Aruban florin accounts held with the CBA by nonresidents.

Table E1: Balance of payments summary Current, capital and financial account The balance of payments records payments and receipts between residents and nonresidents on goods, services, income, and current transfers, as well as changes in Aruba's claims on, and liabilities to the rest of the world. The basic data to compile the balance of payments are obtained from residents, who are (with the exception of companies with a nonresident status, i.e., offshore companies)

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Table E2: Balance of payments by sector The balance of payments is broken down by the oil and the non-oil sector, including the public sector.

medical treatment and expenditures students are also included under "travel".

of

Government services n.i.e Payments by the government of the Netherlands in connection with its representative office in Aruba (including the Dutch Royal Navy) are included as inflows, while payments by the Aruban government related to its representative office in the Netherlands ("Aruba Huis") and its tourism offices abroad are, among others, recorded as outflows.

Table E3: Components of the current account Goods Goods comprises import and export related payments of crude oil and oil products, as well as import and export related payments by freezone enterprises and by sectors other than the oil and free-zone sectors effectuated through the banking system and notified foreign accounts. Non-oil merchandise import payments by the oil sector, goods procured in ports and repair goods are also included. Based on new information obtained corrections have been made for the series-data of imports and exports of the oil-sector for the period 2004-2010.

Other services These services mainly include management fees, transactions for industrial maintenance, contracting works, royalties, postal and telecommunication charges, insurance services, financial services, computer and information services, rents and leases.

Services: Transportation Transportation contains, among other things, harbor dues and fees, and passenger fares. Data on transportation are based on the relevant payments. However, adjustments are made to allow for the fact that in the balance of payments goods are recorded consistently as a f.o.b. basis.

Income Income covers profits and dividends receipts and payments on equity investments and participations, as well as interest on public and private sector loans, debt securities, and foreign assets and personal earned income. Current transfers Private transfers, i.e., workers' remittances and other current transfers of individuals as well as pension, alimony and other support remittances and official transfers, i.e., grants for social and cultural projects and contribution to the Solidarity fund.

Travel This component consists of tourism receipts transactions in foreign currency, traveller's checks, and debit and credit cards as reported by the foreign exchange banks, as well as companies holding notified foreign accounts. Goods taken out of Aruba by tourists paid for in foreign currency, traveller's checks or debit and credit cards can also be classified as tourism receipts. As of 2006, the CBA has made a revision in the compilation of the tourism data. This decision to adjust these data has come after extensive research and consultation with various counterparts, both locally and internationally. The problem with the tourist data was that in the foreign exchange reports there was no clear distinction made between debit and credit card payments of both residents and nonresidents. This implied that the CBA had to make certain assumptions in order to publish data on both tourism receipts (from nonresidents) and tourism payments to abroad (of residents). With the additional sub-reports now received from the commercial banks CBA is better equipped to determine the inbound and outbound tourism data. Transactions related to

Table E4: Components of the capital and financial account Capital account Capital account consists of capital transfers and acquisition/disposal of non-produced nonfinancial assets. Capital transfers cover migrants' transfers and transfers in connection with development aid (capital grants). Financial account Financial account covers direct investment, portfolio investment, financial derivatives, and other investment. The latter is subdivided into loans and other financial transactions. Table E5: Balance of payments of the oil sector This table summarizes the balance of payments' transactions of the oil sector. Transactions of Aruba’s oil refinery and its related businesses and other importers of oil for the local market, which are settled through

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the banking system as well as through foreign accounts.

instruments and records acknowledging after the claims of all creditors have been met as well as claims on the residual value of a corporation, such as shares and retained earnings. Debt instruments (intercompany lending, which include both liability and claim) describe the debt positions between the resident enterprise and its foreign affiliated enterprise(s) and comprise debt securities and other debt instruments such as loans, trade credit and advances and other accounts payable/receivable. Net inward debt positions comprise liabilities to minus claims on the foreign affiliated enterprise(s).

Table E6: Balance of payments of the nonoil sector This table covers the international transactions of the non-oil sector, including free-zone sector and rest of the economy, which are settled through the banking system, notified foreign accounts of residents and other quarterly reports. Table E7: Breakdown of merchandise trade Exports and imports are recorded on f.o.b. basis and are divided into general merchandise, goods for processing, goods procured in ports by carriers, repairs on goods and nonmonetary gold. Based on new information obtained corrections have been made for the series-data of imports and exports of the oil-sector and reclassification of goods for processing to general merchandise for the period 2004-2010.

Table E14 and table E15: Gross external debt position (GEDP) These tables give a detailed overview of the disbursed and outstanding amount of those actual current, and not contingent, liabilities that require payment(s) of principal and/or interest by the debtor and that are owed to nonresidents by residents of Aruba. The CBA conducts on an annual basis the External Debt Statistics Survey to collect debt data for the nonmonetary financial institutions and public and private nonfinancial corporations. These data are used to compile the GEDP of Aruba together with other sources already in CBA’s possession.

Table E8 and Table E9: Remittances by country These tables provide information on incoming and outgoing transfers by country effectuated via the registered and exempted money transfer companies. Table E10 and Table E11: Portfolio investment assets by security and by country of nonresident issuer, respectively The CBA collects on an annual basis through its Coordinated Portfolio Investment Survey (CPIS) annual data on the positions of crossborder equities, long-term debt instruments (bonds and notes) and short-term debt instruments (money market instruments), broken down by country of residence of issuer.

Intercompany lending between entities in a direct investment relationship is separately presented because the nature of the relationship between debtor and creditor is different from that for other debt, and this affects economic behavior. Included in intercompany lending is only ‘other capital’. Other components, such as equity capital and reinvested earnings, are not included. The amounts included in the intercompany lending are gross liabilities owed to nonresident affiliates. The amounts are therefore not offset with claims on nonresident affiliates.

Table E12 and E13: Inward Direct Investment Positions by instrument and by country of investment These tables provide an overall view of the inward direct investment in Aruba broken down by instrument and country of investment. The CBA conducts an annual Direct Investment Survey (DIS) for collecting the direct investment related data on inward direct investment positions by immediate counterpart country, consisting of equity and debt instruments. Inward direct investment is when a foreign direct investor owns equity in a resident enterprise that entitles it to 10 percent or more of the voting power in the resident enterprise. Equity comprises all

Table E17: International investment position (IIP) This table provides an overall view of crossborder assets and liabilities of Aruba, presented by the functional categories direct investment, portfolio investment, other investment, and reserve assets. The latter comprise, inter alia, gold bullion held by the CBA. Table E18 and Table E19: Official foreign exchange rates (selling) The Banks' minimum selling rates for officially quoted currencies for customers. The

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foreign exchange banks' selling rates of the currencies shown in the table are fixed daily by the CBA on the basis of middle market rates quoted for those currencies against the U.S. dollar. Officially quoted rates for other currencies are determined by means of a fixed percentage margin on either side of the middle rate for each currency. Offshore customers, or customers with larger amounts of foreign currency to be bought or sold, may negotiate an exchange rate to settle transactions with their banks. On January 1, 1999, the ECU was replaced by the euro. Also on January 1, 2002, the euro replaced the Netherlands guilder, the French franc, the German mark and the Italian lire. Rates at which foreign exchange banks will buy and sell the U.S. dollar from and to the public: minimum buying rates

maximum selling rates

as from:

bank notes

cheque and cable transfers

Jan. 1, 1986 May 18, 1987

1.77 1.77

1.79 1.78

1.81 1.80

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Annual Statistical Digest  

Annual Statistical Digest

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