LOW TAX COUNTRIES
Andorra
Anguilla
Antigua & Barbuda
Aruba
Australia
Bahamas
Barbados
Belize
Bermuda
British Virgin Islands
Cayman Islands
Cook Islands
Costa Rica
Cyprus
Dominica
Dominican Republic
Gibraltar
Hong Kong
Isle of Man
Jersey & Guernsey
Liechtenstein
Luxembourg
Malta
Mauritius
Panama
Singapore
St.kitts & Nevis
Switzerland
Turks & Caicos
Vanuatu
Index of Articles
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ARUBA
About Aruba
Aruba enjoys one of the highest standards of living in the Caribbean region, with low poverty and unemployment rates. About half of the Aruban Gross National Product is earned through tourism or related activities. Most of the tourists are from Canada, the European Union and the United States, which is the country's largest trading partner.
Before the Status Aparte (Secession from the Netherlands Antilles) oil processing was the dominant industry in Aruba, despite expansion of the tourism sector. Today, the influence of the oil processing business is minimal. The size of the agriculture and manufacturing industries remains minimal.
Deficit spending has been a staple in Aruba's history, and modestly high inflation has been present as well, although recent efforts at tightening monetary policy may correct this. Aruba receives some development aid from the Dutch government each year. The Aruban florin is pegged to the United States dollar with a fixed exchange rate where 1.79 florin equals 1 U.S. dollar.
| Aruba |
|
| Capital |
Oranjestad |
| Official languages |
Dutch and Papiamento |
| Area |
193 km²
74.5 sq mi |
| Population
|
102,695 |
| GDP (PPP)
|
$2.13 billion (182nd) |
| per capita
|
$21,800 (32nd) |
| Currency |
Aruban florin (AWB) |
| Time zone |
(UTC-4) |
| Dialling code |
+297 |
FACTS ABOUT ARUBA
The origins of the population and location of the island give Aruba a mixed culture. Dutch influence can still be seen, even though not much of the population is of Dutch origin. Tourism from the United States has recently also increased the visibility of American culture on the island. Queen Beatrix International Airport, located near Oranjestad, currently serves the whole island of Aruba. This airport has access to various cities across the eastern U.S., from Miami, Orlando, Houston, Atlanta , New York and Boston. It also connects Aruba with Europe through Schiphol Airport in the Netherlands.
The holiday of Carnival is an important one in Aruba, as it is in many Caribbean and Latin American countries. Carnival is usually held from the beginning of January until the end of February, with a large parade on the final Sunday of the festivities
Language can be seen as an important part of island culture in Aruba. The cultural mixture has given way to a linguistic mixture known as Papiamento. However, islanders are known to speak many languages. Islanders often speak Papiamento, English, Dutch and Spanish. In recent years the government of
Aruba has shown an increased interest in acknowledging the cultural and historical importance of its native language
~ Books About Aruba ~
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