Annual Statistical Digest
164
ANNU UAL STA Ma Is ATISTICA 2011 ay 11, 2012 ssue no. 6 AL DIGE EST
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Annual Statistical Digest
Transcript of Annual Statistical Digest
ANNUUAL STA
MaIs
ATISTICA
2011
ay 11, 2012ssue no. 6
AL DIGEEST
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: [email protected] © 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 Real sector 1 Gross Domestic Product 3 2 Business Perception Results 5 3 Business Perception Survey (Indices by selective sectors) 7 4 Partial Economic Activity Index 8 5 Indicators of tourism activity 9 6 Tourism 11 7 Growth in stay-over tourism (Percentage changes) 12 8 Consumer price index (Percentage changes/period average) 13 9 Consumer price indices 16 10 Percentage price changes 18 11 Construction activities 19 12 Utilities 20 13 Merchandise foreign trade by country 21 14 Merchandise foreign trade by product category 22 15 Oil refining 23
B Monetary and financial developments 1 Centrale Bank van Aruba - detailed balance sheet 31 2 Bank notes issued 33 3 Coins issued 34 4 Commercial banks - summary account 35 5 Commercial banks - prudential ratios 35 6 Commercial banks -
detailed balance sheet 36 7 Loans to domestic sectors by kind of economic activity 40 8 Monetary survey 41 9 Components of broad money 43 10 Causes of changes in broad money 44 11 Foreign assets 46 12 Money-creating institutions - consolidated balance sheet 47 13 Nonmonetary financial institutions -
balance sheet 51 14 Financial survey 52 15 Housing mortgages 53 16 Commercial banks - balance sheet 54 17 Commercial banks - income statement 55 18 Commercial banks - core set of
macroprudential indicators (End-of-period figures in percentages) 56
19 Offshore banks - balance sheet 57 20 Offshore banks - income statement 58 21 Bank-like institutions - balance sheet 59 22 Bank-like institutions - income statement 60 23 Bank-like institutions - core set of
macroprudential indicators (End-of-period figures in percentages) 61
24 Number of supervised institutions within the insurance sector 62
25 Nonlife insurance companies - balance sheet 63 26 Nonlife insurance companies - income statement 64 27 Nonlife insurance companies - financial ratios 65 28 Nonlife insurance companies - net
earned premium by indemnity group 66
29 Nonlife insurance companies - income statement by indemnity group 67
30 Life insurance companies - balance sheet 72
iii
31 Life insurance companies - income statement 73
32 Life insurance companies - financial ratios 74
33 Company pension funds - balance sheet 75
34 Company pension funds - income statement 76
35 Company pension funds - financial ratios 77
36 Money transfer companies - balance sheet 78
37 Money transfer companies - income statement 79
C Interest rates 1 Interest rates of commercial banks (Averages of month-end rates) 87 2 Interest rates of commercial
banks (Weighted averages related to transactions during the indicated
period) 88 3 Central Bank lending rates 89 4 Central Bank offered rates on commercial banks’ deposits 89 5 London interbank offered rates on U.S. dollar deposits 89 6 Government security markets (Treasury bills and cash loan certificates) 90 7 Government security markets (Bonds and other debt securities) 92 D Public finance 1 Government financial operations (I) 97 2 Government financial operations (II) 98 3 Government revenue 99 4 Government’s position with the monetary system 101 5 Outstanding government debt 102 E External sector and exchange rates 1 Balance of payments summary 109 2 Balance of payments by sector 111
3 Components of the current account 112 4 Components of the capital and financial account 114 5 Balance of payments of the oil sector 116 6 Balance of payments of the non-oil sector 118 7 Breakdown of merchandise trade 120 8 Remittances by country 122 9 Remittances by country (As a percentage of the total) 122 10 Portfolio investment assets by
security 123 11 Portfolio investment assets by
country of nonresident issuer 123 12 Inward direct investment positions 124 13 Inward direct investment positions
by country of investment 124 14 Gross external debt position of
Aruba by sector 125 15 Gross external debt position by
duration 126 16 Gross external debt (GED) to GDP
ratio by sector 127 17 International investment position 128 18 Official foreign exchange rates (selling) (Period averages) 129 19 Official foreign exchange rates (selling) (End of period) 130 Charts A Real sector 1 Tourism 24 2 Ship calls 24 3 Average hotel occupancy rate 24 4 Consumer price index (end of period) 24 5 Inflation Aruba and selected countries (end of period) 25 6 Number of construction permits
granted 25 7 Number of electrical installations
approved 25 8 Cement Imports 25
iv
9 Water consumption 26 10 Electricity consumption 26 11 Gas consumption 26 12 Gross domestic product (growth) 26 13 Partial economic activity index 27 14 Utilities index 27 15 Merchandise trade 27 16 Imports of goods by country 27 17 Exports of goods by country 28 B Monetary and financial developments 1 Florin currency issued 80 2 Net domestic assets and net foreign assets (excluding revaluation differences) 80 3 Net foreign assets 80 4 Money supply 80 5 Commercial loans of the banking
sector 81 6 Loans to individuals of the banking
sector 81 7 Housing mortgages of the financial
sector 81 8 Development coverage ratio of the nonlife insurance companies 81 9 Net earned premium by indemnity
group of the general insurance companies 82
10 Development coverage ratio of the company pension funds 82 11 Development coverage ratio of the life insurance companies 82 12 Development nonperforming loans (gross) to total gross loans of the commercial banks 82 13 Development nonperforming loans (gross) to total gross loans of the commercial banks 83 14 Development nonperforming loans (gross) by category of the commercial banks 83 15 Development nonperforming loans (gross) to total gross loans of the bank-like institutions 83 16 Development nonperforming
loans (gross) to total gross loans by category of the bank-like
institutions 83 C Interest rates 1 Interest rates commercial banks 93 2 Weighted average yield on cash loan
certificates 93 3 Weighted average yield on treasury
bills 93 4 Weighted average yield on
government bonds and other debt securities 93
D Public finance 1 Government revenue 104 2 Tax revenue 104 3 Non-tax revenue 104 4 Revenue versus expenditure 104 5 Outstanding government debt 105 E External sector and exchange rates Balance of payments summary 131 2 Overall balance by sector 3 Components of the current account 131 4 Current account by sector 131 5 Gross tourism receipts 132 6 Components of the capital and financial account 132 7 Capital and Financial account by sector 132 8 Remittances 132 9 Incoming transfers for remittances by country 133 10 Outgoing transfers for remittances by country 133 11 Portfolio investment assets by security 133 12 Debt securities 133 13 Portfolio investment assets by country of nonresident issuer 134 14 Inward direct investment positions 134 15 Gross external debt by sector 134
v
16 Gross external debt by sector (excluding intercompany lending) 134 17 International investment position 135 18 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 1988 d 1989 1990 1991 1992 1993
REAL SECTORMid-year population (x 1,000) 60.9 60.2 60.5 61.8 64.2 66.7 69.0 73.7GDP at market prices 726 873 1,068 1,245 1,369 1,561 1,716 1,939Real GDP 1,275 1,480 1,756 1,969 2,047 2,210 2,340 2,511Real GDP growth (in percent) 0.7 16.1 18.6 12.1 4.0 8.0 5.9 7.3Nominal GDP per capita (x Afl.1,000) 11.9 14.5 17.6 20.1 21.3 23.4 24.9 26.3Real GDP per capita (x Afl.1,000) 20.9 24.6 29.0 31.9 31.9 33.2 33.9 34.1Tourist stay-over visitors (x 1,000) 181.2 231.7 278.0 344.3 432.8 501.3 541.7 562.0Cruise visitors (x 1,000) 73.3 86.1 81.1 70.3 130.0 133.2 216.6 251.1Cruise ship calls 97 134 142 139 198 208 320 352Unemployment rate (%) 0.6 0.6 0.5Consumer inflation (end of period, in percent) 1.8 3.5 3.9 4.3 7.1 3.7 4.5 6.4Consumer inflation (period average, in percent) 1.1 3.6 3.1 4.0 5.8 5.6 3.9 5.2
MONETARY AUTHORITIESOfficial reserves 1) 141.8 150.4 172.4 162.0 182.9 223.8 264.3 323.4Bank notes issued 36.6 40.0 46.8 58.6 70.8 79.6 83.4 88.0
COMMERCIAL BANKSPrivate sector credit 285.8 339.2 419.2 457.2 529.0 601.9 684.9 741.2 800.5Net foreign assets -13.9 0.5 -20.8 -22.7 27.7 47.6 73.5 98.9 93.8Liquidity ratio 26.6 31.3 27.7 27.0 29.3 33.2 36.8 36.4 36.4Loan / deposit ratio 77.8 69.1 66.5 67.4 68.8 67.5 63.2 61.6 61.9
MONEY-CREATING INSTITUTIONSBroad money 315.7 447.9 526.1 545.6 649.1 761.2 889.4 1,000.6 1,064.6Net domestic assets 187.8 297.0 374.5 396.0 459.5 530.7 592.0 637.6 647.4Net international reserves 127.9 150.9 151.6 149.6 189.7 230.4 297.4 363.1 417.2
FINANCIAL INSTITUTIONSNet foreign assets nonmonetary financial institutionsHousing mortgages
INTEREST RATES 2)Time deposits (one year or less) 6.6 6.7 6.9 6.9 7.1 6.8 6.1 5.3Time deposits (over one year) 7.8 8.3 8.6 8.8 9.0 8.8 7.6 7.2Savings deposits 5.4 5.2 5.2 5.2 5.2 5.2 5.2 4.3Current account 11.0 10.3 10.2 10.5 10.6 10.6 10.6 10.6Consumer credit Mortgages 12.0 11.7 11.5 11.0 11.0 11.4 11.4 11.4Housing mortgagesCommercial mortgagesOther commercial loansInterest rate margin
PUBLIC FINANCETotal revenueTotal expenditure Lending minus repaymentsFinancial deficit (-) Financial deficit / GDP (%)Outstanding government debt 617.0 690.0 726.0 1,021.3 1,077.8
Domestic 257.3 289.8 317.2 373.5 422.6Foreign 359.7 400.2 408.8 647.8 655.2
Outstanding debt / GDP (%) 49.6 50.4 46.5 59.5 55.6Foreign debt / GDP (%) 28.9 29.2 26.2 37.8 33.8
EXTERNAL SECTORCurrent account balance -34.9 -42.1 -96.4 -86.8 -297.1 -400.2 38.8 28.0Current account balance of the non-oil sector (non-oil) -69.6 -123.2 -127.3 -115.4 -42.7Capital and financial account balance 3) 126.8 65.1 97.1 126.9 337.8 467.1 26.9 26.1Overall balance 91.9 23.0 0.7 40.1 40.7 66.9 65.7 54.1Current account balance (non-oil)/GDP (%) -5.6 -9.0 -8.2 -6.7 -2.2
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) 1998 4) 1999 2000 2001
REAL SECTORMid-year population (x 1,000) 77.6 79.8 83.0 86.3 88.5 89.7 90.6 91.9GDP at market prices 2,230 2,364 2,470 2,742 2,981 3,084 3,353 3,437Real GDP 2,717 2,785 2,820 3,018 3,074 3,116 3,353 3,254Real GDP growth (in percent) 8.2 2.5 1.3 7.0 1.9 1.4 7.6 -3.0Nominal GDP per capita (x Afl.1,000) 28.7 29.6 29.8 31.8 33.7 34.4 37.0 37.4Real GDP per capita (x Afl.1,000) 35.0 34.9 34.0 35.0 34.8 34.8 37.0 35.4Tourist stay-over visitors (x 1,000) 582.1 618.9 640.8 646.0 647.4 683.3 721.2 691.4Cruise visitors (x 1,000) 257.1 294.0 316.7 297.7 257.8 289.1 490.0 487.3Cruise ship calls 345 311 273 270 255 230 331 298Unemployment rate (%) 0.5 0.7 0.6 3.3 4.8 6.5Consumer inflation (end of period, in percent) 4.7 3.1 3.1 2.8 1.5 3.7 3.5 2.5Consumer inflation (period average, in percent) 6.3 3.4 3.2 3.0 1.9 2.3 4.0 2.9
MONETARY AUTHORITIESOfficial reserves 1) 319.8 396.3 349.2 320.1 413.0 418.2 391.4 539.5Bank notes issued 94.7 104.5 110.2 115.8 121.3 133.3 137.1 141.8
COMMERCIAL BANKSPrivate sector credit 938.1 1,005.9 1,091.9 1,164.0 1,220.2 1,350.7 1,481.9 1,544.8Net foreign assets 130.0 82.0 82.1 77.2 144.9 158.9 139.0 120.5Liquidity ratio 32.1 30.3 24.2 25.3 29.3 29.3 26.2 28.5Loan / deposit ratio 66.5 67.8 73.2 72.5 69.8 70.5 75.6 73.1
MONEY-CREATING INSTITUTIONSBroad money 1,198.7 1,261.3 1,301.1 1,360.8 1,538.8 1,699.1 1,738.3 1,840.6Net domestic assets 748.8 783.0 869.8 963.5 980.9 1,121.9 1,207.9 1,180.5Net international reserves 449.8 478.3 431.3 397.3 557.9 577.2 530.4 660.1
FINANCIAL INSTITUTIONSNet foreign assets nonmonetary financial institutions 239.6 221.3 288.6 340.7 418.0 349.8Housing mortgages 508.1 583.8 669.5 748.3 821.6 888.7
INTEREST RATESTime deposits (one year or less) 4.5 5.0 5.0 5.1 5.2 5.8 5.8 6.0 5.3Time deposits (over one year) 6.1 6.3 6.5 6.5 6.5 7.8 7.7 7.7 7.7Savings deposits 4.0 4.0 4.0 4.0 4.0 3.8 3.8 3.9 3.8Current account 10.6 10.6 10.3 10.2 10.0Consumer credit 17.1 17.1 17.2 17.2Mortgages 11.4 11.4 11.3 11.2 11.2Housing mortgages 11.1 10.9 10.7 10.9Commercial mortgages 10.5 10.4 10.8 10.7Other commercial loans 11.4 10.8 10.4 10.1Interest rate margin 6.9 6.8 5.8 6.2
PUBLIC FINANCETotal revenue 602.7 620.3 627.6 646.4 705.7 746.1 735.7Total expenditure 622.4 678.2 685.2 643.0 703.1 724.5 764.1Lending minus repayments 31.9 37.4 16.2 -0.4Financial deficit (-) -19.6 -57.9 -57.5 -28.5 -34.8 5.4 -28.0Financial deficit / GDP (%) -0.8 -2.3 -2.1 -1.0 -1.1 0.2 -0.8Outstanding government debt 1,168.8 1,302.3 1,352.8 1,400.4 1,224.0 1,212.5 1,295.5 1,504.7
Domestic 458.7 568.5 640.1 750.5 506.0 506.9 570.7 751.8Foreign 710.1 733.8 712.7 649.9 718.1 705.6 724.8 752.9
Outstanding debt / GDP (%) 52.4 55.1 54.8 51.1 41.1 39.3 38.6 43.8Foreign debt / GDP (%) 31.8 31.0 28.9 23.7 24.1 22.9 21.6 21.9
EXTERNAL SECTORCurrent account balance 96.9 -38.3 -121.5 -361.6 -44.3 -779.3 371.0 553.1Current account balance of the non-oil sector (non-oil) -107.2 -56.0 -15.5 -40.5 -34.4 -141.5 -95.2 -67.7Capital and financial account balance 2) -64.3 66.8 74.4 327.6 204.9 798.5 -417.7 -423.4Overall balance 32.6 28.5 -47.1 -34.0 160.6 19.2 -46.8 129.7Current account balance (non-oil)/GDP (%) -4.8 -2.4 -0.6 -1.5 -1.2 -4.6 -2.8 -2.0
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 SECTORMid-year population (x 1,000) 92.6 94.2 96.8 99.4 100.2 100.7 101.6 102.1 102.1 102.4GDP at market prices 3,475 3,618 3,989 4,172 4,340 4,681 4,914 4,478 4,313 4,791Real GDP 3,147 3,210 3,464 3,506 3,543 3,615 3,620 3,221 3,119 3,395Real GDP growth (in percent) -3.3 2.0 7.9 1.2 1.1 2.0 0.2 -11.0 -3.2 8.9Nominal GDP per capita (x Afl.1,000) 37.5 38.4 41.2 42.0 43.3 46.5 48.3 43.9 42.2 46.8Real GDP per capita (x Afl.1,000) 34.0 34.1 35.8 35.3 35.3 35.9 35.6 31.6 30.5 33.2Tourist stay-over visitors (x 1,000) 642.6 641.9 728.2 732.5 694.4 772.1 826.8 812.6 824.7 871.3Cruise visitors (x 1,000) 582.2 542.3 576.3 552.8 591.5 481.8 556.1 606.8 569.4 599.9Cruise ship calls 337 315 318 311 314 315 299 327 314 332Unemployment rate (%) 8.1 11.4 9.5 8.8 9.3 7.1 6.9 10.3Consumer inflation (end of period, in percent) 4.2 2.3 2.8 3.8 2.5 9.9 -1.9 6.8 -0.7 6.1Consumer inflation (period average, in percent) 3.3 3.7 2.5 3.4 3.6 5.4 9.0 -2.1 2.1 4.4
MONETARY AUTHORITIESOfficial reserves 1) 611.4 546.4 549.2 509.5 608.0 685.4 1,088.7 1,149.9 1,131.0 1,066.1Bank notes issued 147.4 149.1 145.5 162.7 180.1 202.7 212.2 200.7 197.8 204.0
COMMERCIAL BANKSPrivate sector credit 1,730.3 1,903.6 2,011.0 2,198.6 2,310.2 2,404.4 2,510.6 2,488.8 2,512.9 2,588.9Net foreign assets 87.6 91.4 108.5 88.4 45.6 31.2 180.2 325.2 178.3 220.1Liquidity ratio 29.0 30.4 27.6 26.4 28.6 29.0 34.7 30.1 29.1 26.1Loan / deposit ratio 71.7 72.5 75.2 76.4 75.1 74.7 69.4 67.1 66.5 71.1
MONEY-CREATING INSTITUTIONSBroad money 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 3,158.6Net domestic assets 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 1,872.4Net international reserves 699.0 637.9 657.7 597.9 653.6 716.6 1,268.9 1,475.1 1,309.3 1,286.2
FINANCIAL INSTITUTIONSNet foreign assets nonmonetary financial institutions 330.3 398.5 489.8 571.8 671.8 797.4 570.9 694.1 801.7 760.4Housing mortgages 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
INTEREST RATESTime deposits (one year or less) 5.2 5.2 3.6 3.4 3.7 3.9 3.2 3.2 2.0 1.4Time deposits (over one year) 7.1 6.4 6.0 5.3 5.1 5.3 5.3 4.4 2.8 2.1Savings deposits 3.7 3.8 3.9 4.1 4.4 3.9 3.7 3.0 2.5 2.1Current accountConsumer credit 16.7 16.3 16.5 16.0 15.8 15.6 16.0 15.3 15.1 14.7MortgagesHousing mortgages 10.3 9.5 9.8 9.6 9.4 9.3 9.2 8.4 8.1 7.2Commercial mortgages 10.0 9.5 8.8 8.7 8.1 8.4 8.4 8.5 7.8 7.1Other commercial loans 10.6 8.9 8.9 9.0 9.0 8.6 8.8 8.9 8.6 7.7Interest rate margin 7.3 6.1 7.0 7.4 7.2 6.8 7.5 7.1 8.2 7.9
PUBLIC FINANCETotal revenue 754.7 989.0 836.1 909.1 985.2 1,034.0 1,365.1 1,108.9 1,183.9 978.4Total expenditure 866.0 919.7 1,180.4 1,034.0 1,097.6 1,084.2 1,290.5 1,229.1 1,337.2 1,289.8Lending minus repayments -38.4 -103.1 9.3 0.7 7.1 21.3 23.1 42.9 35.4 21.1Financial deficit (-) -72.9 172.4 -353.6 -125.6 -119.5 -71.4 51.4 -163.1 -188.7 -332.5Financial deficit / GDP (%) -2.1 4.8 -8.9 -3.0 -2.8 -1.5 1.0 -3.6 -4.4 -6.9Outstanding government debt 1,653.3 1,494.6 1,717.1 1,904.9 2,012.2 2,140.0 2,049.7 2,226.1 2,380.8 2,771.9
Domestic 733.3 744.9 823.8 971.2 1,025.2 1,115.9 990.8 1,149.6 1,261.7 1,597.5Foreign 920.0 749.8 893.3 933.7 987.0 1,024.2 1,058.9 1,076.5 1,119.2 1,174.3
Outstanding debt / GDP (%) 47.6 41.3 43.0 45.7 46.4 45.7 41.7 49.7 55.2 57.8Foreign debt / GDP (%) 26.5 20.7 22.4 22.4 22.7 21.9 21.5 24.0 25.9 24.5
EXTERNAL SECTORCurrent account balance -609.0 -296.2 485.1 203.1 558.5 472.4 33.9 347.1 -762.6 -420.3Current account balance of the non-oil sector (non-oil) -331.4 -360.4 -247.9 -346.4 -608.9 -236.4 -180.9 -23.4 45.4 -340.9Capital and financial account balance 2) 647.9 234.9 -465.3 -262.9 -502.8 -409.4 518.4 -140.9 596.8 397.2Overall balance 39.0 -61.2 19.9 -59.8 55.8 63.0 552.3 206.2 -165.8 -23.1Current account balance (non-oil)/GDP (%) -9.5 -10.0 -6.2 -8.3 -14.0 -5.0 -3.7 -0.5 1.1 -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
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,215
.020
,678
.420
,903
.820
,960
.721
,468
.723
,020
.323
,446
.524
,191
.325
,966
.527
,009
.824
,514
.823
,593
.726
,137
.9Pe
rcen
tage
cha
nge
9.8
6.2
5.8
9.2
3.1
0.4
6.8
6.1
2.1
7.6
1.1
0.3
2.4
7.2
1.9
3.2
7.3
4.0
-9.2
-3.8
10.8
Bah
amas
GD
P, re
al 1
)5,
581.
05,
347.
75,
143.
15,
158.
95,
321.
45,
554.
45,
788.
96,
075.
36,
361.
86,
816.
37,
099.
17,
285.
57,
482.
67,
387.
97,
453.
27,
706.
27,
900.
28,
014.
47,
907.
57,
483.
27,
554.
37,
705.
4Pe
rcen
tage
cha
nge
-4.2
-3.8
0.3
3.1
4.4
4.2
4.9
4.7
7.1
4.1
2.6
2.7
-1.3
0.9
3.4
2.5
1.4
-1.3
-5.4
0.9
2.0
GD
P, n
omin
al 2
)4,
088.
44,
017.
94,
015.
33,
993.
04,
208.
44,
428.
94,
661.
44,
961.
15,
353.
56,
020.
06,
327.
66,
516.
76,
958.
06,
949.
37,
094.
47,
706.
27,
965.
68,
319.
08,
240.
27,
806.
87,
701.
68,
099.
1
Perc
enta
ge c
hang
e-1
.7-0
.1-0
.65.
45.
25.
26.
47.
912
.45.
13.
06.
8-0
.12.
18.
63.
44.
4-0
.9-5
.3-1
.35.
2R
eal p
er c
apita
GD
P 3)
12,8
59.9
12,3
56.7
11,4
49.6
11,5
45.2
11,9
36.6
12,1
78.1
12,6
13.2
13,1
61.2
13,6
02.2
13,5
95.4
13,8
56.9
13,5
03.5
13,5
43.8
13,8
11.0
13,9
55.7
14,4
60.0
15,2
86.6
15,4
84.9
15,5
00.3
14,8
68.1
14,8
94.6
14,9
88.6
Perc
enta
ge c
hang
e-3
.9-7
.30.
83.
42.
03.
64.
33.
40.
01.
9-2
.60.
32.
01.
03.
65.
71.
30.
1-4
.10.
20.
6N
omin
al p
er c
apita
GD
P 4)
7,77
7.3
7,71
6.7
7,43
4.7
7,81
1.5
8,18
6.5
8,59
9.8
9,14
1.5
9,62
0.8
10,7
89.7
11,2
76.8
11,5
42.4
11,5
36.0
11,5
87.4
12,0
53.5
12,9
25.9
14,4
60.0
15,4
89.9
16,4
90.1
15,9
75.6
16,0
91.6
15,6
20.5
17,0
45.8
Perc
enta
ge c
hang
e-0
.8-3
.75.
14.
85.
06.
35.
212
.14.
52.
4-0
.10.
44.
07.
211
.97.
16.
5-3
.10.
7-2
.99.
1
Bar
bado
sG
DP,
real
1)
3,34
3.6
3,21
2.7
2,98
8.3
3,02
4.8
3,13
9.3
3,20
2.8
3,32
9.9
3,48
7.7
3,61
8.2
3,63
0.0
3,71
3.6
3,61
8.9
3,64
3.3
3,71
5.2
3,76
8.0
3,91
8.7
4,14
2.7
4,21
1.9
4,21
6.1
4,05
9.0
4,06
6.2
4,10
6.9
Perc
enta
ge c
hang
e-3
.9-7
.01.
23.
82.
04.
04.
73.
70.
32.
3-2
.60.
72.
01.
44.
05.
71.
70.
1-3
.70.
21.
0G
DP,
nom
inal
2)
2,02
2.1
2,00
6.4
1,94
0.5
2,04
6.6
2,15
3.1
2,26
1.8
2,41
3.4
2,54
9.5
2,87
0.1
3,01
0.9
3,09
3.4
3,09
1.7
3,11
7.0
3,24
2.4
3,49
0.0
3,91
8.7
4,19
7.8
4,48
5.3
4,34
5.4
4,39
3.0
4,26
4.4
4,67
0.6
Perc
enta
ge c
hang
e-0
.8-3
.35.
55.
25.
06.
75.
612
.64.
92.
7-0
.10.
84.
07.
612
.37.
16.
9-3
.11.
1-2
.99.
5R
eal p
er c
apita
GD
P 3)
12,8
59.9
12,3
56.7
11,4
49.6
11,5
45.2
11,9
36.6
12,1
78.1
12,6
13.2
13,1
61.2
13,6
02.2
13,5
95.4
13,8
56.9
13,5
03.5
13,5
43.8
13,8
11.0
13,9
55.7
14,4
60.0
15,2
86.6
15,4
84.9
15,5
00.3
14,8
68.1
14,8
94.6
14,9
88.6
Perc
enta
ge c
hang
e-3
.9-7
.30.
83.
42.
03.
64.
33.
40.
01.
9-2
.60.
32.
01.
03.
65.
71.
30.
1-4
.10.
20.
6N
omin
al p
er c
apita
GD
P 4)
7,77
7.3
7,71
6.7
7,43
4.7
7,81
1.5
8,18
6.5
8,59
9.8
9,14
1.5
9,62
0.8
10,7
89.7
11,2
76.8
11,5
42.4
11,5
36.0
11,5
87.4
12,0
53.5
12,9
25.9
14,4
60.0
15,4
89.9
16,4
90.1
15,9
75.6
16,0
91.6
15,6
20.5
17,0
45.8
Perc
enta
ge c
hang
e-0
.8-3
.75.
14.
85.
06.
35.
212
.14.
52.
4-0
.10.
44.
07.
211
.97.
16.
5-3
.10.
7-2
.99.
1
Ant
igua
and
Bar
buda
GD
P, re
al 1
)62
0.6
634.
064
0.7
671.
871
6.3
685.
973
1.9
767.
880
1.6
834.
784
7.1
820.
784
4.4
900.
094
4.2
1,00
2.0
1,13
7.6
1,24
7.2
1,24
7.7
1,09
9.6
1,01
2.6
991.
4Pe
rcen
tage
cha
nge
2.1
1.1
4.8
6.6
-4.2
6.7
4.9
4.4
4.1
1.5
-3.1
2.9
6.6
4.9
6.1
13.5
9.6
0.0
-11.
9-7
.9-2
.1G
DP,
nom
inal
2)
464.
448
7.2
504.
254
0.4
593.
558
5.5
641.
668
7.7
735.
477
3.1
787.
777
8.3
806.
584
9.2
905.
11,
002.
01,
141.
41,
295.
81,
354.
61,
214.
31,
153.
81,
160.
3Pe
rcen
tage
cha
nge
4.9
3.5
7.2
9.8
-1.4
9.6
7.2
6.9
5.1
1.9
-1.2
3.6
5.3
6.6
10.7
13.9
13.5
4.5
-10.
4-5
.00.
6R
eal p
er c
apita
GD
P 3)
10,0
10.2
10,0
62.8
10,0
11.4
10,3
35.3
10,6
90.5
9,94
0.3
10,4
56.3
10,6
64.1
10,8
33.0
10,9
82.8
10,8
60.2
10,3
88.1
10,4
25.0
10,9
75.9
11,3
76.3
11,9
28.3
13,3
83.7
14,5
01.8
14,3
41.2
12,4
95.6
11,3
78.0
11,0
15.3
Perc
enta
ge c
hang
e0.
5-0
.53.
23.
4-7
.05.
22.
01.
61.
4-1
.1-4
.30.
45.
33.
64.
912
.28.
4-1
.1-1
2.9
-8.9
-3.2
Nom
inal
per
cap
ita G
DP
4) 7
490
.1 7
733
.2 7
877
.6 8
313
.4 8
858
.8 8
484
.8 9
165
.6 9
551
.1 9
937
.2 1
0 17
2.1
10
098.
6 9
852
.1 9
956
.9 1
0 35
6.5
10
905.
0 1
1 92
8.3
13
428.
4 1
5 06
7.4
15
570.
1 1
3 79
8.7
12
963.
9 1
2 89
2.6
Perc
enta
ge c
hang
e3.
21.
95.
56.
6-4
.28.
04.
24.
02.
4-0
.7-2
.41.
14.
05.
39.
412
.612
.23.
3-1
1.4
-6.0
-0.6
Dom
inic
aG
DP,
real
1)
261.
726
7.3
274.
627
9.7
291.
830
1.6
310.
131
7.8
327.
933
0.0
332.
133
2.9
326.
735
1.8
363.
336
1.6
377.
640
0.1
430.
842
7.9
432.
043
5.9
Perc
enta
ge c
hang
e2.
22.
71.
94.
33.
42.
82.
53.
20.
60.
60.
3-1
.97.
73.
3-0
.54.
46.
07.
7-0
.70.
90.
9G
DP,
nom
inal
2)
204.
621
5.9
229.
423
9.8
257.
826
3.9
282.
729
3.2
310.
432
0.3
324.
433
0.9
327.
034
0.8
367.
036
1.6
387.
741
8.8
462.
248
1.3
471.
948
5.2
Perc
enta
ge c
hang
e5.
56.
34.
57.
52.
47.
13.
75.
93.
21.
32.
0-1
.24.
27.
7-1
.57.
28.
010
.44.
1-2
.02.
8R
eal p
er c
apita
GD
P 3)
3,68
5.4
3,76
5.1
3,86
7.1
3,93
9.0
4,11
0.0
4,24
7.8
4,36
7.9
4,47
6.8
4,68
4.4
4,71
4.4
4,74
4.4
4,82
5.2
4,73
5.1
5,09
8.1
5,26
5.3
5,24
0.6
5,47
3.1
5,88
4.3
6,33
5.4
6,29
3.2
6,35
2.6
6,41
0.0
Perc
enta
ge c
hang
e2.
22.
71.
94.
33.
42.
82.
54.
60.
60.
61.
7-1
.97.
73.
3-0
.54.
47.
57.
7-0
.70.
90.
9N
omin
al p
er c
apita
GD
P 4)
2,88
1.4
3,04
0.6
3,23
1.4
3,37
7.1
3,63
0.7
3,71
7.5
3,98
1.0
4,12
9.3
4,43
4.5
4,57
5.9
4,63
4.8
4,79
6.0
4,73
8.7
4,93
8.8
5,31
8.1
5,24
0.6
5,61
8.9
6,15
8.5
6,79
6.4
7,07
7.3
6,93
9.0
7,13
5.0
Perc
enta
ge c
hang
e5.
56.
34.
57.
52.
47.
13.
77.
43.
21.
33.
5-1
.24.
27.
7-1
.57.
29.
610
.44.
1-2
.02.
8
Gre
nada
GD
P, re
al 1
)37
2.7
367.
637
1.6
367.
037
9.3
391.
041
0.5
432.
544
8.4
476.
956
0.4
548.
756
8.7
623.
561
7.1
700.
567
3.5
713.
472
0.7
673.
167
2.8
687.
1Pe
rcen
tage
cha
nge
-1.4
1.1
-1.2
3.3
3.1
5.0
5.4
3.7
6.3
17.5
-2.1
3.7
9.6
-1.0
13.5
-3.9
5.9
1.0
-6.6
0.0
2.1
GD
P, n
omin
al 2
)26
9.3
290.
929
9.6
306.
132
0.3
337.
536
3.2
391.
144
7.5
484.
552
3.3
523.
354
4.4
596.
460
2.3
700.
570
4.8
763.
983
2.4
775.
578
3.6
824.
2Pe
rcen
tage
cha
nge
8.0
3.0
2.2
4.7
5.4
7.6
7.7
14.4
8.3
8.0
0.0
4.0
9.6
1.0
16.3
0.6
8.4
9.0
-6.8
1.0
5.2
Rea
l per
cap
ita G
DP
3)3,
882.
53,
829.
53,
831.
43,
745.
03,
830.
83,
909.
64,
064.
44,
282.
64,
440.
04,
721.
35,
494.
35,
379.
25,
575.
66,
112.
96,
050.
16,
801.
16,
538.
56,
925.
96,
930.
06,
471.
86,
469.
26,
544.
1Pe
rcen
tage
cha
nge
-1.4
0.0
-2.3
2.3
2.1
4.0
5.4
3.7
6.3
16.4
-2.1
3.7
9.6
-1.0
12.4
-3.9
5.9
0.1
-6.6
0.0
1.2
Nom
inal
per
cap
ita G
DP
4)2,
805.
03,
030.
43,
089.
03,
123.
43,
235.
83,
375.
23,
596.
13,
871.
84,
430.
74,
797.
05,
130.
05,
130.
25,
337.
35,
847.
15,
904.
56,
801.
16,
843.
07,
416.
78,
003.
47,
456.
87,
534.
67,
849.
2Pe
rcen
tage
cha
nge
8.0
1.9
1.1
3.6
4.3
6.5
7.7
14.4
8.3
6.9
0.0
4.0
9.6
1.0
15.2
0.6
8.4
7.9
-6.8
1.0
4.2
1) A
t con
stan
t 200
0 pr
ices
, in
mill
ion
US$
.2)
In m
illio
n U
S$.
3) A
t con
stan
t 200
0 pr
ices
, in
US$
.4)
In U
S$.
P) P
rovi
sion
al, w
ith th
e ex
cept
ion
of A
ruba
Sour
ce: C
BS;
CB
A; E
CLA
C; C
BS
Net
herla
nds A
ntill
es.
xii
GR
OSS
DO
ME
STIC
PR
OD
UC
T A
RU
BA
AN
D S
EL
EC
TE
D C
AR
IBB
EA
N C
OU
NT
RIE
S(c
ontin
ued)
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
St. K
itts a
nd N
evis
GD
P, re
al 1
)24
7.4
253.
026
0.8
275.
028
9.8
354.
037
7.6
405.
640
9.4
424.
344
2.7
465.
847
4.7
467.
948
8.3
536.
456
1.5
577.
060
4.0
562.
454
8.8
573.
5Pe
rcen
tage
cha
nge
2.3
3.1
5.4
5.4
22.1
6.7
7.4
0.9
3.6
4.3
5.2
1.9
-1.4
4.4
9.9
4.7
2.8
4.7
-6.9
-2.4
4.5
GD
P, n
omin
al 2
)20
1.2
199.
822
0.9
240.
928
0.3
290.
130
9.5
348.
336
3.0
385.
441
6.1
455.
447
7.6
461.
149
7.5
536.
462
9.5
689.
574
0.1
688.
767
3.2
742.
1Pe
rcen
tage
cha
nge
-0.7
10.6
9.0
16.3
3.5
6.7
12.5
4.2
6.2
8.0
9.4
4.9
-3.4
7.9
7.8
17.4
9.5
7.3
-7.0
-2.2
10.2
Rea
l per
cap
ita G
DP
3)6,
034.
66,
171.
16,
361.
56,
546.
66,
739.
98,
231.
68,
582.
19,
218.
09,
098.
49,
429.
29,
622.
89,
911.
310
,100
.89,
747.
19,
964.
310
,947
.111
,229
.511
,539
.311
,843
.810
,814
.910
,554
.310
,821
.2Pe
rcen
tage
cha
nge
2.3
3.1
2.9
3.0
22.1
4.3
7.4
-1.3
3.6
2.1
3.0
1.9
-3.5
2.2
9.9
2.6
2.8
2.6
-8.7
-2.4
2.5
Nom
inal
per
cap
ita G
DP
4)4,
908.
44,
873.
45,
388.
95,
736.
46,
518.
66,
745.
57,
033.
17,
915.
68,
067.
58,
564.
29,
046.
79,
690.
410
,161
.59,
606.
610
,154
.110
,947
.112
,590
.213
,789
.314
,511
.813
,243
.512
,946
.214
,002
.2Pe
rcen
tage
cha
nge
-0.7
10.6
6.4
13.6
3.5
4.3
12.5
1.9
6.2
5.6
7.1
4.9
-5.5
5.7
7.8
15.0
9.5
5.2
-8.7
-2.2
8.2
Sain
t Luc
iaG
DP,
real
1)
646.
364
6.8
694.
670
2.2
715.
572
7.6
750.
178
0.4
830.
084
9.5
847.
980
4.6
802.
184
1.2
904.
588
1.0
949.
796
0.8
1,01
2.7
1,00
1.6
1,03
3.6
1,05
9.5
Perc
enta
ge c
hang
e0.
17.
41.
11.
91.
73.
14.
06.
42.
4-0
.2-5
.1-0
.34.
97.
5-2
.67.
81.
25.
4-1
.13.
22.
5G
DP,
nom
inal
2)
424.
545
6.9
507.
550
7.9
529.
056
4.0
580.
261
1.2
670.
870
6.4
720.
968
3.1
695.
575
7.0
831.
588
1.0
984.
71,
062.
71,
128.
21,
105.
41,
198.
91,
224.
8Pe
rcen
tage
cha
nge
7.6
11.1
0.1
4.2
6.6
2.9
5.3
9.8
5.3
2.1
-5.2
1.8
8.8
9.8
6.0
11.8
7.9
6.2
-2.0
8.5
2.2
Rea
l per
cap
ita G
DP
3)4,
683.
14,
619.
94,
891.
64,
876.
64,
934.
34,
949.
75,
034.
35,
168.
15,
424.
65,
480.
95,
400.
55,
060.
25,
013.
05,
192.
65,
515.
25,
339.
65,
686.
95,
685.
35,
922.
25,
823.
55,
940.
46,
019.
8Pe
rcen
tage
cha
nge
-1.4
5.9
-0.3
1.2
0.3
1.7
2.7
5.0
1.0
-1.5
-6.3
-0.9
3.6
6.2
-3.2
6.5
0.0
4.2
-1.7
2.0
1.3
Nom
inal
per
cap
ita G
DP
4)3,
076.
33,
263.
43,
573.
93,
526.
83,
648.
23,
836.
83,
894.
24,
047.
74,
384.
64,
557.
34,
591.
64,
296.
44,
346.
94,
672.
95,
069.
85,
339.
65,
896.
66,
288.
06,
597.
66,
426.
96,
890.
36,
959.
2Pe
rcen
tage
cha
nge
6.1
9.5
-1.3
3.4
5.2
1.5
3.9
8.3
3.9
0.8
-6.4
1.2
7.5
8.5
5.3
10.4
6.6
4.9
-2.6
7.2
1.0
St. V
icen
t and
the
Gre
nadi
nes
GD
P, re
al 1
)32
7.0
331.
635
4.6
360.
935
0.4
381.
438
6.6
397.
841
8.4
436.
844
4.6
452.
048
0.3
516.
753
8.2
551.
459
3.7
613.
762
2.5
608.
759
1.9
607.
3Pe
rcen
tage
cha
nge
1.4
6.9
1.8
-2.9
8.9
1.4
2.9
5.2
4.4
1.8
1.7
6.3
7.6
4.2
2.5
7.7
3.4
1.4
-2.2
-2.8
2.6
GD
P, n
omin
al 2
)23
2.4
249.
127
3.4
279.
928
2.4
311.
332
8.1
343.
637
1.3
387.
239
7.4
431.
046
2.6
482.
452
2.5
551.
461
1.0
684.
769
9.1
678.
768
0.2
714.
1Pe
rcen
tage
cha
nge
7.2
9.7
2.4
0.9
10.2
5.4
4.7
8.1
4.3
2.7
8.4
7.3
4.3
8.3
5.5
10.8
12.1
2.1
-2.9
0.2
5.0
Rea
l per
cap
ita G
DP
3)3,
056.
03,
070.
03,
283.
03,
341.
73,
244.
53,
531.
83,
579.
83,
683.
13,
873.
84,
044.
24,
116.
94,
184.
94,
446.
84,
784.
14,
937.
35,
059.
05,
447.
15,
630.
65,
711.
45,
584.
25,
430.
25,
571.
4Pe
rcen
tage
cha
nge
0.5
6.9
1.8
-2.9
8.9
1.4
2.9
5.2
4.4
1.8
1.7
6.3
7.6
3.2
2.5
7.7
3.4
1.4
-2.2
-2.8
2.6
Nom
inal
per
cap
ita G
DP
4)2,
171.
72,
306.
62,
531.
32,
591.
92,
614.
72,
882.
43,
038.
23,
181.
33,
437.
83,
584.
83,
680.
13,
990.
94,
283.
74,
466.
64,
794.
05,
059.
05,
605.
96,
281.
66,
414.
16,
226.
66,
240.
36,
551.
2Pe
rcen
tage
cha
nge
6.2
9.7
2.4
0.9
10.2
5.4
4.7
8.1
4.3
2.7
8.4
7.3
4.3
7.3
5.5
10.8
12.1
2.1
-2.9
0.2
5.0
Jam
aica
GD
P, re
al 1
)9,
620.
89,
701.
29,
861.
810
,055
.910
,145
.710
,397
.810
,414
.110
,311
.610
,185
.110
,285
.810
,356
.910
,496
.210
,598
.110
,969
.211
,127
.511
,239
.311
,541
.011
,705
.911
,638
.211
,293
.511
,149
.411
,294
.3Pe
rcen
tage
cha
nge
0.8
1.7
2.0
0.9
2.5
0.2
-1.0
-1.2
1.0
0.7
1.3
1.0
3.5
1.4
1.0
2.7
1.4
-0.6
-3.0
-1.3
1.3
GD
P, n
omin
al 2
)5,
241.
84,
716.
54,
221.
45,
414.
55,
570.
16,
620.
47,
449.
08,
506.
08,
838.
68,
832.
29,
005.
19,
194.
79,
719.
09,
430.
210
,173
.211
,239
.311
,927
.712
,795
.613
,859
.512
,289
.413
,457
.814
,859
.6Pe
rcen
tage
cha
nge
-10.
0-1
0.5
28.3
2.9
18.9
12.5
14.2
3.9
-0.1
2.0
2.1
5.7
-3.0
7.9
10.5
6.1
7.3
8.3
-11.
39.
510
.4R
eal p
er c
apita
GD
P 3)
4,06
8.0
4,07
6.1
4,11
2.5
4,15
8.8
4,15
9.8
4,22
3.3
4,19
0.8
4,10
9.8
4,01
9.4
4,02
1.0
4,01
1.2
4,03
0.8
4,03
5.8
4,14
5.6
4,17
5.4
4,19
0.6
4,28
0.8
4,32
1.1
4,27
8.8
4,13
5.3
4,06
7.6
4,10
5.5
Perc
enta
ge c
hang
e0.
20.
91.
10.
01.
5-0
.8-1
.9-2
.20.
0-0
.20.
50.
12.
70.
70.
42.
20.
9-1
.0-3
.4-1
.60.
9N
omin
al p
er c
apita
GD
P 4)
2,21
6.4
1,98
1.7
1,76
0.4
2,23
9.2
2,28
3.7
2,68
9.0
2,99
7.6
3,39
0.2
3,48
8.0
3,45
2.8
3,48
7.6
3,53
1.0
3,70
1.1
3,56
4.0
3,81
7.3
4,19
0.6
4,42
4.2
4,72
3.3
5,09
5.4
4,50
0.0
4,90
9.8
5,40
1.5
Perc
enta
ge c
hang
e-1
0.6
-11.
227
.22.
017
.711
.513
.12.
9-1
.01.
01.
24.
8-3
.77.
19.
85.
66.
87.
9-1
1.7
9.1
10.0
Ned
erla
nds A
ntill
esG
DP,
real
1)
2,68
1.7
2,75
6.8
2,76
5.1
2,80
6.6
2,85
9.9
2,86
5.6
2,87
7.1
2,91
7.3
2,95
2.4
3,00
2.5
3,06
5.6
3,16
3.7
3,23
9.6
3,22
3.4
3,22
9.9
0.0
Perc
enta
ge c
hang
e2.
80.
31.
51.
90.
20.
41.
41.
21.
72.
13.
22.
4-0
.50.
2-1
00.0
GD
P, n
omin
al 2
)2,
764.
42,
776.
02,
806.
62,
788.
62,
859.
92,
910.
42,
935.
13,
031.
03,
115.
43,
264.
13,
436.
23,
635.
83,
945.
33,
989.
84,
113.
5Pe
rcen
tage
cha
nge
0.4
1.1
-0.6
2.6
1.8
0.8
3.3
2.8
4.8
5.3
5.8
8.5
1.1
3.1
Rea
l per
cap
ita G
DP
3)14
,357
.914
,397
.615
,074
.815
,957
.016
,455
.316
,477
.116
,419
.416
,299
.916
,122
.816
,030
.316
,194
.016
,313
.516
,213
.6Pe
rcen
tage
cha
nge
0.3
4.7
5.9
3.1
0.1
-0.4
-0.7
-1.1
-0.6
1.0
0.7
-0.6
Nom
inal
per
cap
ita G
DP
4)14
,457
.914
,614
.014
,978
.315
,957
.016
,712
.816
,809
.317
,059
.117
,199
.817
,527
.517
,968
.218
,610
.319
,867
.020
,068
.3Pe
rcen
tage
cha
nge
1.1
2.5
6.5
4.7
0.6
1.5
0.8
1.9
2.5
3.6
6.8
1.0
Tri
nida
d &
Tob
ago
GD
P, re
al 1
)7,
080.
67,
270.
67,
150.
87,
046.
97,
298.
17,
586.
88,
121.
18,
745.
49,
455.
410
,214
.110
,918
.811
,374
.012
,276
.714
,048
.715
,166
.515
,982
.418
,285
.219
,130
.719
,569
.618
,982
.018
,977
.518
,717
.3Pe
rcen
tage
cha
nge
2.7
-1.6
-1.5
3.6
4.0
7.0
7.7
8.1
8.0
6.9
4.2
7.9
14.4
8.0
5.4
14.4
4.6
2.3
-3.0
0.0
-1.4
GD
P, n
omin
al 2
)5,
068.
15,
307.
95,
439.
44,
576.
74,
947.
15,
329.
25,
759.
65,
737.
86,
043.
76,
809.
08,
154.
38,
824.
89,
008.
311
,305
.513
,280
.415
,982
.418
,369
.121
,642
.227
,870
.119
,661
.820
,901
.322
,551
.8Pe
rcen
tage
cha
nge
4.7
2.5
-15.
98.
17.
78.
1-0
.45.
312
.719
.88.
22.
125
.517
.520
.314
.917
.828
.8-2
9.5
6.3
7.9
Rea
l per
cap
ita G
DP
3)5,
827.
65,
940.
05,
794.
85,
664.
75,
824.
56,
016.
56,
399.
66,
859.
27,
381.
37,
936.
48,
451.
18,
769.
59,
429.
110
,757
.011
,568
.712
,153
.913
,852
.514
,427
.314
,703
.014
,208
.114
,151
.813
,905
.9Pe
rcen
tage
cha
nge
1.9
-2.4
-2.2
2.8
3.3
6.4
7.2
7.6
7.5
6.5
3.8
7.5
14.1
7.5
5.1
14.0
4.2
1.9
-3.4
-0.4
-1.7
Nom
inal
per
cap
ita G
DP
4)4,
171.
34,
336.
54,
408.
03,
679.
03,
948.
24,
226.
24,
538.
74,
500.
24,
718.
05,
290.
66,
311.
46,
804.
06,
918.
88,
656.
610
,130
.012
,153
.913
,916
.016
,321
.420
,939
.214
,716
.915
,586
.316
,754
.7Pe
rcen
tage
cha
nge
4.0
1.6
-16.
57.
37.
07.
4-0
.84.
812
.119
.37.
81.
725
.117
.020
.014
.517
.328
.3-2
9.7
5.9
7.5
1) A
t con
stan
t 200
0 pr
ices
, in
mill
ion
US$
.2)
In m
illio
n U
S$.
3) A
t con
stan
t 200
0 pr
ices
, in
US$
.4)
In U
S$.
P) P
rovi
sion
al, w
ith th
e ex
cept
ion
of A
ruba
Sour
ce: C
BS;
CB
A; E
CLA
C; C
BS
Net
herla
nds A
ntill
es.
xiii
TO
UR
ISM
AR
UB
A A
ND
SE
LE
CT
ED
CA
RIB
BE
AN
CO
UN
TR
IES
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Aru
baSt
ay-o
ver v
isito
rs 1
)64
0.8
646.
064
7.4
683.
372
1.2
691.
464
2.6
641.
972
8.2
732.
569
4.4
772.
182
6.8
812.
682
4.7
871.
3Pe
rcen
tage
cha
nge
3.5
0.8
0.2
5.5
5.6
-4.1
-7.1
-0.1
13.4
0.6
-5.2
11.2
7.1
-1.7
1.5
5.7
Cru
ise
visi
tors
1)
316.
729
7.7
257.
828
9.1
490.
048
7.3
582.
254
2.3
576.
355
2.8
591.
548
1.8
556.
160
6.8
569.
459
9.9
Perc
enta
ge c
hang
e7.
8-6
.0-1
3.4
12.1
69.5
-0.6
19.5
-6.9
6.3
-4.1
7.0
-18.
515
.49.
1-6
.25.
4M
arke
t sha
re in
the
Car
ibbe
anSt
ay-o
ver v
isito
rs3.
73.
43.
33.
43.
53.
93.
83.
53.
73.
73.
53.
82.
94.
13.
94.
4C
ruis
e vi
sito
rs3.
02.
52.
12.
43.
33.
43.
73.
12.
92.
93.
12.
52.
93.
12.
70.
5
Bah
amas
Stay
-ove
r vis
itors
1)
1,63
3.1
1,61
7.6
1,52
7.7
1,57
7.1
1,54
4.0
1,53
7.8
1,51
3.1
1,50
9.9
1,56
1.3
1,60
8.2
1,60
0.1
1,52
7.6
1,46
2.4
1,32
7.0
1,45
4.7
1,34
6.1
Perc
enta
ge c
hang
e0.
03.
17-5
.63.
2-2
.1-0
.4-1
.6-0
.23.
43.
0-0
.5-4
.5-4
.3-9
.39.
6-7
.5C
ruis
e vi
sito
rs 1
)1,
687.
11,
743.
71,
729.
91,
981.
52,
512.
62,
551.
72,
802.
12,
970.
23,
360.
03,
078.
73,
076.
42,
970.
72,
861.
13,
255.
83,
803.
14,
161.
3Pe
rcen
tage
cha
nge
0.0
3.4
-0.8
14.5
26.8
1.6
9.8
6.0
13.1
-8.4
-0.1
-3.4
-3.7
13.8
16.8
9.4
Mar
ket s
hare
in th
e C
arib
bean
Stay
-ove
r vis
itors
9.3
8.6
7.8
7.8
7.6
8.7
8.9
8.2
8.0
8.1
8.0
7.5
7.1
6.7
6.9
6.8
Cru
ise
visi
tors
15.8
14.6
14.4
16.6
17.0
17.7
17.7
16.7
16.8
16.2
16.0
15.1
14.9
16.8
18.3
3.8
Bar
bado
sSt
ay-o
ver v
isito
rs 1
)44
7.1
472.
351
2.4
514.
654
4.7
507.
149
7.9
531.
255
1.5
547.
556
2.6
572.
956
7.7
518.
653
2.2
567.
7Pe
rcen
tage
cha
nge
0.0
3.17
8.5
0.4
5.8
-6.9
-1.8
6.7
3.8
-0.7
2.7
1.8
-0.9
-8.6
2.6
6.7
Cru
ise
visi
tors
1)
510.
051
7.9
506.
643
2.9
533.
352
7.6
523.
355
9.1
721.
356
3.3
539.
161
6.4
597.
563
5.7
664.
761
9.1
Perc
enta
ge c
hang
e0.
03.
17-2
.2-1
4.5
23.2
-1.1
-0.8
6.8
29.0
-21.
9-4
.314
.3-3
.16.
44.
6-6
.9M
arke
t sha
re in
the
Car
ibbe
anSt
ay-o
ver v
isito
rs2.
62.
52.
62.
52.
72.
92.
92.
92.
82.
82.
82.
82.
82.
62.
52.
9C
ruis
e vi
sito
rs4.
84.
34.
23.
63.
63.
73.
33.
23.
63.
02.
83.
13.
13.
33.
20.
57
Jam
aica
Stay
-ove
r vis
itors
1)
1,16
2.4
1,19
2.2
1,22
5.3
1,24
8.8
1,32
2.7
1,27
6.5
1,26
6.4
1,35
0.3
1,41
4.8
1,47
8.7
1,67
8.9
1,70
0.8
1,76
7.3
1,83
1.1
1,91
6.3
1,91
3.5
Perc
enta
ge c
hang
e0.
03.
172.
81.
95.
9-3
.5-0
.86.
64.
84.
513
.51.
33.
93.
64.
7-0
.1C
ruis
e vi
sito
rs 1
)65
8.2
711.
767
3.7
764.
390
7.6
840.
386
5.4
1,13
2.6
1,09
9.8
1,13
5.8
1,31
5.3
1,17
9.5
1,08
8.9
922.
390
9.6
1,06
0.3
Perc
enta
ge c
hang
e0.
03.
17-5
.313
.418
.7-7
.43.
030
.9-2
.93.
315
.8-1
0.3
-7.7
-15.
3-1
.416
.6M
arke
t sha
re in
the
Car
ibbe
anSt
ay-o
ver v
isito
rs6.
66.
36.
36.
16.
57.
37.
47.
47.
27.
48.
48.
48.
69.
39.
19.
7C
ruis
e vi
sito
rs6.
26.
05.
66.
46.
25.
85.
56.
45.
56.
06.
86.
05.
74.
84.
41.
0
1) In
thou
sand
.
Sour
ce: A
ruba
Tou
rism
Aut
horit
y; C
ruis
e To
uris
m A
utho
rity;
Car
ibbe
an T
ouris
m O
rgan
izat
ion.
xiv
SOC
IAL
IND
ICA
TO
RS
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
POPU
LA
TIO
N 1
)Po
pula
tion
by se
x (a
bsol
ute)
Mal
e33
,157
34,7
5937
,901
38,6
6339
,853
41,5
3842
,811
43,2
4343
,480
43,6
9043
,942
44,0
8644
,834
45,8
9347
,096
47,4
3247
,630
48,1
9048
,412
48,4
14Fe
mal
e34
,225
35,8
7038
,840
39,7
8641
,307
43,3
4444
,909
45,9
4046
,655
47,3
5847
,961
48,3
4549
,277
50,6
3852
,075
52,5
4752
,850
53,2
1953
,408
53,4
77To
tal
67,3
8270
,629
76,7
4278
,450
81,1
6084
,883
87,7
2089
,183
90,1
3591
,048
91,9
0392
,432
94,1
1196
,531
99,1
7199
,979
100,
480
101,
409
101,
820
101,
891
Popu
latio
n by
sex
(% c
hang
e)M
ale
4.8
9.0
2.0
3.1
4.2
3.1
1.0
0.5
0.5
0.6
0.3
1.7
2.4
2.6
0.7
0.4
1.2
0.5
0.0
Fem
ale
4.8
8.3
2.4
3.8
4.9
3.6
2.3
1.6
1.5
1.3
0.8
1.9
2.8
2.8
0.9
0.6
0.7
0.4
0.1
Tota
l4.
88.
72.
23.
54.
63.
31.
71.
11.
00.
90.
61.
82.
62.
70.
80.
50.
90.
40.
1
Sex
ratio
96
996
997
697
296
595
895
394
193
292
391
691
291
090
690
490
390
190
590
690
5(m
ales
per
1,0
00 fe
mal
es)
Popu
latio
n de
nsity
374
392
426
436
451
472
487
495
501
506
511
514
523
536
551
555
558
563
566
566
(pop
ulat
ion
per k
m2 land
)
Popu
latio
n by
age
(as %
of t
otal
)U
nder
15
year
s24
.724
.323
.623
.523
.523
.323
.022
.922
.623
.122
.722
.322
.121
.621
.220
.720
.419
.719
.4B
etw
een
15 a
nd 6
0 ye
ars
65.2
65.6
66.7
66.4
66.3
66.4
66.5
66.3
66.3
65.7
65.8
65.9
65.9
66.2
66.3
66.3
66.1
64.7
66.2
60 y
ears
or o
lder
10.1
10.0
9.8
10.1
10.2
10.3
10.5
10.8
11.1
11.2
11.5
11.8
12.0
12.2
12.5
13.0
13.5
15.6
14.4
Popu
latio
n gr
owth
(abs
olut
e)Li
ve b
irths
1,15
71,
292
1,33
71,
315
1,41
91,
452
1,45
71,
315
1,25
01,
294
1,26
31,
228
1,24
41,
193
1,26
31,
227
1,23
91,
218
1,21
3D
eath
s42
942
440
243
150
446
949
750
556
153
143
549
250
150
248
253
752
152
362
3N
atur
al in
crea
se (a
)72
886
893
588
491
598
396
081
068
976
382
873
674
369
178
169
071
869
559
0
Imm
igra
nts
4229
4,46
97,
278
3,28
74,
094
4,95
04,
007
3,41
63,
344
3,53
53,
386
3,07
63,
516
3,85
83,
756
2,34
12,
157
2,88
52,
833
Emm
igra
nts
1887
2,09
12,
101
2,46
32,
299
2,21
12,
130
2,76
23,
082
3,36
82,
561
2,54
31,
998
1,64
91,
469
1,72
21,
839
2,05
32,
333
Net
mig
ratio
n (b
)2,
342
2,37
85,
177
824
1,79
52,
739
1,87
765
426
216
782
553
31,
518
2,20
92,
287
619
318
832
500
Tota
l pop
ulat
ion
grow
th (a
+b)
3,07
03,
246
6,11
21,
708
2,71
03,
722
2,83
71,
464
951
930
1,65
31,
269
2,26
12,
900
3,06
81,
309
1,03
61,
527
1,09
0
Infa
nt m
orta
lity
rate
6.1
2.3
2.2
3.8
0.7
2.1
7.5
3.0
4.0
3.1
3.2
2.4
2.4
2.5
4.8
6.5
3.2
4.1
4.1
(per
1,0
00 li
ve b
irths
)
Div
orce
Dem
ogra
phy
Cru
de m
arria
ge ra
te8.
08.
47.
97.
37.
19.
79.
99.
17.
76.
96.
17.
05.
35.
1C
rude
div
orce
rate
3.1
3.0
2.5
3.0
3.4
3.7
3.8
3.6
5.5
5.3
4.9
4.3
5.1
4.0
3.7
Div
orce
per
mar
riage
rate
38.7
35.9
31.9
41.6
48.7
38.1
38.1
39.4
71.3
76.5
79.9
62.1
96.9
78.5
SOC
IAL
AFF
AIR
SM
inim
um w
ages
Indu
stry
925.
4092
5.40
925.
4099
4.80
1,02
5.35
1,02
5.35
1,06
0.20
1,08
8.85
1,11
1.75
1,11
1.75
1,11
1.75
1,20
0.00
1,20
0.00
1,23
6.00
1,23
6.00
1,36
0.00
1,46
0.00
1,50
5.25
1,54
2.90
Serv
ice
/ Tra
de80
0.60
830.
2087
6.70
994.
801,
025.
351,
025.
351,
060.
201,
088.
851,
111.
751,
111.
751,
111.
751,
200.
001,
200.
001,
236.
001,
236.
001,
360.
001,
460.
001,
505.
251,
542.
90D
omes
tic s
erva
nts
398.
2041
2.95
436.
1046
4.00
478.
4047
8.40
494.
6550
8.05
518.
7556
0.00
560.
0056
0.00
560.
0057
6.80
576.
8063
4.50
681.
1470
2.25
719.
80
Wel
fare
ben
efits
on
Janu
ary
31Pe
rson
s on
wel
fare
3,09
03,
462
3,57
73,
551
3,49
33,
212
3,18
33,
224
2,98
62,
414
2,26
92,
020
1,99
11,
846
Tota
l am
ount
pai
d (in
Afl.
thou
sand
)1,
029.
81,
699.
51,
770.
21,
777.
01,
757.
91,
547.
51,
605.
01,
691.
01,
516.
01,
425.
01,
282.
01,
240.
01,
172.
01,
134.
0
JUST
ICE
Tota
l num
ber o
f crim
es c
omm
itted
6,41
24,
236
5,93
35,
511
5,64
36,
277
5,69
07,
191
Traf
fic a
ccid
ents
(200
3 ex
cl. S
an N
icol
as a
nd N
oord
)9,
583
3,05
36,
045
6,32
26,
246
5,85
86,
223
8,70
0Fa
tal a
ccid
ents
1618
1413
1418
2018
Traf
fic v
iola
tions
6,29
88,
095
8,80
87,
588
8,29
66,
463
Dep
orte
d ill
egal
imig
rant
s1,
696
1,72
51,
114
1,39
8
1) E
nd o
f yea
r.2)
As o
f Sep
tem
ber o
f the
yea
r.3)
Cen
sus 2
000;
pop
ulat
ion
unde
r 14
year
s not
incl
uded
.
Sour
ce: C
BS;
Dep
artm
ent o
f Lab
or.
xv
SOC
IAL
IND
ICA
TO
RS
(con
tinue
d)
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
ED
UC
AT
ION
2)
Num
ber o
f stu
dent
sPr
e-pr
imar
y ed
ucat
ion
2,02
82,
040
2,24
22,
385
2,33
32,
375
2,51
22,
712
2,80
92,
867
2,88
72,
906
2,83
62,
794
2,98
02,
884
2,71
32,
686
2,80
9Pr
imar
y ed
ucat
ion
7,19
17,
372
7,67
47,
861
8,17
98,
586
8,63
79,
096
9,26
39,
436
9,82
49,
897
10,0
8310
,159
10,3
0910
,285
9,97
79,
860
9,79
2Se
cond
ary
educ
atio
n4,
906
5,20
15,
341
5,49
65,
756
5,58
75,
572
6,12
86,
163
6,42
86,
757
6,86
87,
075
7,17
67,
624
7,58
07,
549
7,63
57,
592
Terti
ary
educ
atio
n1,
328
1,47
01,
475
1,55
31,
593
1,84
01,
802
2,03
21,
990
2,15
02,
242
2,26
82,
330
Tota
l18
,049
19,4
0619
,710
20,2
8421
,061
21,5
1121
,796
22,1
6122
,903
22,8
9922
,481
22,4
4922
,523
Num
ber o
f tea
cher
sPr
e-pr
imar
y ed
ucat
ion
9398
100
105
115
135
142
143
145
143
144
140
144
Prim
ary
educ
atio
n43
345
145
847
149
253
654
355
256
758
057
257
557
9Se
cond
ary
educ
atio
n36
037
038
141
043
146
248
349
552
254
655
756
854
4Te
rtiar
y ed
ucat
ion
148
100
106
161
151
151
166
196
211
222
222
231
224
Tota
l1,
034
1,01
91,
045
1,14
71,
189
1,28
41,
334
1,38
61,
445
1,49
11,
495
1,51
41,
491
Stud
ent/t
each
er ra
tioPr
e-pr
imar
y ed
ucat
ion
27.0
27.7
28.1
27.3
25.1
21.5
20.0
19.5
20.6
20.2
18.8
19.2
19.5
Prim
ary
educ
atio
n19
.920
.220
.220
.020
.018
.518
.618
.418
.217
.717
.417
.116
.9Se
cond
ary
educ
atio
n15
.516
.616
.215
.715
.714
.914
.614
.514
.613
.913
.613
.414
.0Te
rtiar
y ed
ucat
ion
9.0
14.7
13.9
9.6
10.5
12.2
10.9
10.4
9.4
9.7
10.1
9.8
10.4
Tota
l17
.519
.018
.917
.717
.716
.816
.316
.015
.815
.415
.014
.815
.1
ED
UC
AT
ION
R
epiti
tion
rate
Prim
ary
educ
atio
nM
ale
13.2
12.9
11.9
12.0
12.9
10.5
9.1
10.3
10.4
10.3
11.3
10.7
11.5
10.7
10.2
9.0
9.0
Fem
ale
10.0
10.2
8.5
9.7
8.7
8.0
5.9
6.0
7.6
7.0
8.0
7.9
8.6
8.2
7.9
6.6
5.9
Seco
ndar
y ed
ucat
ion
LBO
/EPB
stud
ents
Mal
e16
.913
.515
.614
.18.
34.
311
.08.
111
.411
.512
.317
.316
.213
.614
.512
.613
.7Fe
mal
e8.
64.
07.
92.
34.
06.
16.
03.
78.
012
.311
.311
.713
.113
.714
.510
.911
.9M
AV
OM
ale
19.4
22.9
21.6
16.3
16.7
14.9
20.3
16.2
15.7
17.6
22.1
19.4
18.9
13.5
11.4
13.0
13.5
13.7
Fem
ale
18.9
17.7
16.9
16.0
14.7
12.2
19.6
15.2
12.8
14.0
18.2
17.0
13.8
11.7
10.1
10.2
11.3
11.5
HA
VO
Mal
e17
.321
.217
.019
.021
.913
.612
.616
.816
.913
.913
.715
.619
.614
.112
.010
.710
.719
.0Fe
mal
e19
.716
.715
.918
.817
.314
.414
.712
.813
.813
.416
.515
.517
.517
.112
.311
.410
.317
.8V
WO
Mal
e11
.413
.67.
315
.213
.711
.88.
89.
18.
712
.010
.910
.713
.411
.113
.811
.99.
010
.8Fe
mal
e16
.714
.75.
714
.111
.39.
99.
06.
88.
311
.95.
212
.112
.310
.212
.49.
311
.010
.4
Lite
rate
pop
ulat
ion
3)M
ale
32,3
6536
,902
Fem
ale
35,9
5942
,070
Tota
l65
,324
78,9
72
Illite
rate
pop
ulat
ion
3)M
ale
808
1,14
7Fe
mal
e1,
074
1,40
5To
tal
1,88
22,
552
Lite
racy
unk
now
n 3)
Mal
e35
818
7Fe
mal
e36
415
3To
tal
722
340
1) E
nd o
f yea
r.2)
As S
epte
mbe
r of t
he y
ear.
3) C
ensu
s 200
0 an
d 20
10; p
opul
atio
n un
der 1
4 ye
ars n
ot in
clud
ed.
Sour
ce: C
BS;
Dep
artm
ent o
f Lab
or.
xvi
A Real sector
TA
BL
E A
1: G
RO
SS D
OM
EST
IC P
RO
DU
CT
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1. G
DP
at m
arke
t pric
es (=
A +
B +
C -
D) 1
)72
687
31,
068
1,24
51,
369
1,56
11,
716
1,93
92,
230
2,36
42,
470
2,74
22,
981
A. F
inal
con
sum
ptio
n1,
665
1,81
82,
014
2,15
51.
Hou
seho
ld1,
193
1,32
01,
367
1,50
02.
Gov
ernm
ent
472
498
647
655
B. G
ross
cap
ital f
orm
atio
n 73
670
383
094
51.
Priv
ate
2)68
064
575
890
52.
Pub
lic56
5871
40
C. E
xpor
ts o
f goo
ds a
nd se
rvic
es
2,00
72,
140
2,26
32,
374
D. I
mpo
rts o
f goo
ds a
nd se
rvic
es2,
044
2,19
12,
365
2,49
3
2. G
DP
defla
ter (
2000
= 1
00)
84.8
87.6
90.9
96.9
3. R
eal g
ross
dom
estic
pro
duct
1,27
51,
480
1,75
61,
969
2,04
72,
210
2,34
02,
511
2,71
72,
786
2,81
93,
018
3,07
4
4. G
DP
grow
th (i
n pe
rcen
t)A
. Nom
inal
1.8
20.3
22.3
16.6
10.0
14.0
9.9
13.0
15.0
6.0
4.5
11.0
8.7
B. R
eal
0.7
16.1
18.6
12.1
4.0
8.0
5.9
7.3
8.2
2.5
1.2
7.0
2.0
5. M
id-y
ear p
opul
atio
n 60
,861
60,1
7860
,520
61,7
7164
,218
66,6
6169
,006
73,6
8677
,596
79,8
0583
,022
86,3
0288
,452
6. G
DP
per c
apita
A
. In
Afl.
11,9
2514
,504
17,6
4020
,149
21,3
2023
,419
24,8
6226
,308
28,7
3629
,618
29,7
5331
,774
33,6
97B
. In
US$
6,66
28,
103
9,85
511
,256
11,9
1113
,083
13,8
9014
,697
16,0
5416
,546
16,6
2217
,751
18,8
25C
. Per
cent
age
chan
ge4.
521
.621
.614
.25.
89.
86.
25.
89.
23.
10.
56.
86.
1
1) F
igur
es fo
r 200
7, 2
008
and
2009
are
pre
limin
ary
estim
ates
of C
BA
.2)
Incl
udes
"C
hang
es in
inve
ntor
ies."
Sour
ce: C
BS;
The
Dep
artm
ent o
f Eco
nom
ic A
ffai
rs, C
omm
erce
and
Indu
stry
of A
ruba
.
3
TA
BL
E A
1: G
RO
SS D
OM
EST
IC P
RO
DU
CT
(con
tinue
d)
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. G
DP
at m
arke
t pric
es (=
A +
B +
C -
D) 1
)3,
084
3,35
33,
437
3,47
53,
618
3,98
94,
172
4,34
04,
681
4,91
44,
478
4,31
34,
791
A. F
inal
con
sum
ptio
n2,
276
2,37
42,
555
2,69
52,
842
2,98
03,
163
3,34
63,
658
3,79
63,
599
3,72
34,
087
1. H
ouse
hold
1,60
21,
656
1,71
21,
821
1,94
72,
056
2,19
92,
363
2,64
32,
716
2,54
22,
587
2,82
12.
Gov
ernm
ent
674
718
843
874
894
924
965
983
1,01
41,
080
1,05
71,
136
1,26
6
B. G
ross
cap
ital f
orm
atio
n 95
285
581
593
51,
057
1,14
81,
401
1,52
61,
522
1,63
41,
355
1,23
81,
374
1. P
rivat
e 2)
911
827
792
912
1,00
71,
089
1,33
61,
460
1,46
41,
556
1,27
31,
162
1,31
22.
Pub
lic41
2823
2350
6064
6758
7882
7662
C. E
xpor
ts o
f goo
ds a
nd se
rvic
es
2,46
52,
495
2,42
32,
256
2,28
32,
596
2,86
02,
858
3,09
73,
327
2,90
62,
650
3,29
9
D. I
mpo
rts o
f goo
ds a
nd se
rvic
es2,
610
2,37
02,
356
2,41
12,
564
2,73
53,
252
3,39
03,
595
3,84
23,
382
3,29
73,
968
2. G
DP
defla
tor (
2000
= 1
00)
99.0
100.
010
5.6
110.
411
2.7
115.
211
9.0
122.
512
9.5
135.
713
9.1
138.
314
1.1
3. R
eal g
ross
dom
estic
pro
duct
3,
116
3,35
33,
254
3,14
73,
210
3,46
43,
506
3,54
33,
615
3,62
03,
221
3,11
93,
395
4. G
DP
grow
th (i
n pe
rcen
t)A
. Nom
inal
3.5
8.7
2.5
1.1
4.1
10.2
4.6
4.0
7.9
5.0
-8.9
-3.7
11.1
B. R
eal
1.4
7.6
-3.0
-3.3
2.0
7.9
1.2
1.1
2.0
0.2
-11.
0-3
.28.
9
5. M
id-y
ear p
opul
atio
n89
,659
90,6
0091
,862
92,6
0694
,151
96,7
9699
,418
100,
219
100,
719
101,
646
102,
057
102,
135
102,
411
6. G
DP
per c
apita
A
. In
Afl.
34,3
9537
,014
37,4
1837
,520
38,4
2941
,206
41,9
6943
,302
46,4
8048
,348
43,8
8142
,233
46,7
87B
. In
US$
19,2
1520
,678
20,9
0420
,961
21,4
6923
,020
23,4
4724
,191
25,9
6627
,010
24,5
1523
,594
26,1
38C
. Per
cent
age
chan
ge2.
17.
61.
10.
32.
47.
21.
93.
27.
34.
0-9
.2-3
.810
.8
1) F
igur
es fo
r 200
7, 2
008
and
2009
are
pre
limin
ary
estim
ates
of C
BA
.2)
Incl
udes
"C
hang
es in
inve
ntor
ies."
Sour
ce: C
BS;
CB
A
4
TA
BL
E A
2: B
USI
NE
SS P
ER
CE
PTIO
N R
ESU
LT
S
Bus
ines
s per
cept
ion
indi
ces
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Cur
rent
98.4
103.
910
6.6
103.
610
0.8
101.
296
.894
.698
.210
6.1
Shor
t ter
m10
2.4
107.
110
7.2
99.6
100.
310
3.3
91.6
98.2
106.
310
7.0
Bus
ines
s per
cept
ion
inde
x10
0.3
105.
410
6.9
101.
810
0.6
101.
994
.196
.010
1.7
106.
5
Surv
ey q
uest
ionn
aire
res
pons
es
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
A. C
urre
nt e
cono
mic
con
ditio
ns24
4754
4634
3922
1729
5642
3235
3235
3134
2529
3034
2111
2231
3144
2342
141.
The
eco
nom
ic c
ondi
tions
in A
ruba
17
7161
3429
4411
329
6629
1437
3121
1126
1323
2054
143
3450
4463
1349
142.
The
act
iviti
es o
f you
r bus
ines
s 29
5776
6044
5033
2629
6937
2318
1129
1122
1826
1734
205
2927
3944
1846
143.
The
inve
stm
ents
of y
our b
usin
ess
3740
4243
2922
1521
3749
5446
3940
4744
4829
2640
914
1817
2433
3729
3711
4. T
he n
umbe
r of e
mpl
oyee
s tha
t wor
k fo
r you
r com
pany
14
2037
4732
3930
1823
4349
4645
4744
5641
3940
4337
3418
624
630
3937
14
B. E
xpec
ted
shor
t-te
rm e
cono
mic
con
ditio
ns 1
)31
5153
2622
256
2044
4049
4039
4657
6331
5046
5319
99
2821
1363
4110
71.
The
eco
nom
ic c
ondi
tions
in A
ruba
40
7461
2024
224
2157
2931
2334
4638
4411
4237
5729
35
3438
3385
426
142.
The
act
iviti
es o
f you
r bus
ines
s 40
6961
3132
280
1860
5749
3134
4050
6726
5329
3711
05
2918
674
5311
63.
The
inve
stm
ents
of y
our b
usin
ess
2943
5331
2133
1129
4043
5743
3940
5961
4147
4949
1414
829
216
4847
119
4. T
he n
umbe
r of e
mpl
oyee
s tha
t wor
k fo
r you
r com
pany
17
2037
2012
177
1320
3160
6347
6079
7848
5869
6923
1716
209
644
5811
0
1) D
urin
g th
e ne
xt y
ear.
Impr
ovem
ent
No
chan
geW
orse
ning
(as a
per
cent
age
of th
e to
tal)
5
TA
BL
E A
2: B
USI
NE
SS P
ER
CE
PTIO
N R
ESU
LT
S(c
ontin
ued)
Perc
eive
d de
velo
pmen
ts o
f em
ploy
men
t, pr
ofita
bilit
y, sa
les,
and
aver
age
wag
e co
sts 1
)
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. n
o ch
ange
40
4945
4746
5641
3940
406
2111
149
014
143
176
00
90
00
00
62.
incr
ease
of l
ess t
han
5.1
perc
ent
1717
2126
2622
1513
1734
2612
2434
2128
1414
1517
33
00
06
00
00
3. in
crea
se b
etw
een
5.1
and
10.1
per
cent
3
30
213
67
36
99
128
33
1714
53
90
30
00
00
00
04.
incr
ease
of m
ore
than
10.
1 pe
rcen
t 6
311
03
110
00
012
1224
1715
2211
119
200
05
03
07
30
05.
dec
reas
e of
less
than
5 p
erce
nt
1723
166
176
3334
176
63
314
150
714
1811
36
50
186
43
63
6. d
ecre
ase
betw
een
5.1
and
10.1
per
cent
11
65
06
00
314
33
33
33
07
83
03
00
03
04
30
07.
dec
reas
e of
mor
e th
an 1
0.1
perc
ent
60
30
00
48
69
1815
86
922
1122
326
612
80
30
75
1211
Tot
al10
010
010
010
010
010
010
010
010
010
079
7681
9174
8979
8682
8021
2419
926
1121
1418
20
Perc
eive
d de
velo
pmen
ts o
f em
ploy
men
t, pr
ofita
bilit
y, sa
les,
and
aver
age
wag
e co
sts 1
)(c
ontin
ued)
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. n
o ch
ange
9
2011
2312
07
811
911
2314
146
1119
2423
232.
incr
ease
of l
ess t
han
5.1
perc
ent
3411
3231
2939
1511
2320
4046
5757
6667
4842
4346
3. in
crea
se b
etw
een
5.1
and
10.1
per
cent
11
3114
1724
1722
119
2620
1116
239
1119
811
204.
incr
ease
of m
ore
than
10.
1 pe
rcen
t 9
1732
915
2811
59
293
115
69
07
00
35.
dec
reas
e of
less
than
5 p
erce
nt
179
511
126
1921
209
119
00
90
421
176
6. d
ecre
ase
betw
een
5.1
and
10.1
per
cent
9
35
63
619
249
06
00
03
60
36
37.
dec
reas
e of
mor
e th
an 1
0.1
perc
ent
119
03
66
721
209
90
80
06
43
00
Tot
al10
010
010
010
010
010
010
010
010
010
010
010
010
010
010
010
010
010
010
010
0
1) In
per
cent
ages
of a
ll re
spon
dent
s.
Loss
es
Ope
ratio
nal r
esul
ts
Sale
sA
vera
ge w
age
cost
s
Empl
oym
ent
Prof
its
6
TA
BL
E A
3: B
USI
NE
SS P
ER
CE
PTIO
N S
UR
VE
Y(I
ndic
es b
y se
lect
ive
sect
ors)
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. In
dex
curr
ent e
cono
mic
con
ditio
n98
104
107
104
101
101
9795
9810
6a.
Man
ufac
turin
g (e
xcl.
man
ufac
ture
of r
efin
ed p
etro
leum
pro
duct
s)95
110
110
9590
9595
105
110
b. E
lect
ricity
, gas
and
wat
er su
pply
, man
ufac
ture
of r
efin
ed p
etro
leum
pro
duct
s11
010
510
690
100
9790
9011
010
0c.
Con
stru
ctio
n10
710
510
110
811
010
398
102
9210
6d.
Who
lesa
le a
nd re
tail
trade
, rep
air o
f mot
or v
ehic
les a
nd h
ouse
hold
goo
ds90
101
108
106
101
9898
9597
108
e. H
otel
s and
rest
aura
nts
9310
110
810
397
100
9392
110
108
f. Tr
ansp
ort,
stor
age
and
com
mun
icat
ion
9810
110
198
9896
9491
9111
0g.
Fin
anci
al in
term
edia
tion
103
106
107
110
105
107
9799
9811
0h.
Rea
l est
ate
and
othe
r bus
ines
s act
iviti
es99
104
105
106
104
108
103
9497
98i.
Hea
lth, o
ther
com
mun
ity a
nd p
erso
nal s
ervi
ce a
ctiv
ities
9810
811
010
094
9897
9199
102
2. In
dex
shor
t-ter
m fu
ture
eco
nom
ic c
ondi
tion
102
107
107
100
100
103
9298
106
107
a. M
anuf
actu
ring
(exc
l. m
anuf
actu
re o
f ref
ined
pet
role
um p
rodu
cts)
9011
010
090
100
9010
011
010
0b.
Ele
ctric
ity, g
as a
nd w
ater
supp
ly, m
anuf
actu
re o
f ref
ined
pet
role
um p
rodu
cts
110
100
105
110
110
9090
110
110
110
c. C
onst
ruct
ion
110
110
108
110
110
9090
9411
011
0d.
Who
lesa
le a
nd re
tail
trade
, rep
air o
f mot
or v
ehic
les a
nd h
ouse
hold
goo
ds90
104
102
106
9610
294
100
105
108
e. H
otel
s and
rest
aura
nts
9910
611
090
101
9090
103
107
103
f. Tr
ansp
ort,
stor
age
and
com
mun
icat
ion
9910
810
793
9710
292
9510
810
6g.
Fin
anci
al in
term
edia
tion
110
110
110
105
106
106
9010
210
611
0h.
Rea
l est
ate
and
othe
r bus
ines
s act
iviti
es10
410
710
610
510
311
095
103
110
110
i. H
ealth
, oth
er c
omm
unity
and
per
sona
l ser
vice
act
iviti
es97
108
110
9393
110
9094
9910
2
3. B
usin
ess P
erce
ptio
n In
dex
100
105
107
102
101
102
9496
102
106
a. M
anuf
actu
ring
(exc
l. m
anuf
actu
re o
f ref
ined
pet
role
um p
rodu
cts)
9311
011
093
9093
9510
711
0b.
Ele
ctric
ity, g
as a
nd w
ater
supp
ly, m
anuf
actu
re o
f ref
ined
pet
role
um p
rodu
cts
110
103
106
100
103
9590
100
110
110
c. C
onst
ruct
ion
108
106
105
109
110
101
9497
9910
7d.
Who
lesa
le a
nd re
tail
trade
, rep
air o
f mot
or v
ehic
les a
nd h
ouse
hold
goo
ds90
102
105
106
9999
9697
101
108
e. H
otel
s and
rest
aura
nts
9610
310
996
9897
9194
109
106
f. Tr
ansp
ort,
stor
age
and
com
mun
icat
ion
9810
510
395
9798
9393
9810
8g.
Fin
anci
al in
term
edia
tion
107
108
109
108
105
107
9410
010
211
0h.
Rea
l est
ate
and
othe
r bus
ines
s act
iviti
es10
110
610
510
510
410
898
9810
310
3i.
Hea
lth, o
ther
com
mun
ity a
nd p
erso
nal s
ervi
ce a
ctiv
ities
9710
811
097
9410
392
9299
104
7
TA
BL
E A
4: P
AR
TIA
L E
CO
NO
MIC
AC
TIV
ITY
IND
EX
Shar
e in
GD
P19
9819
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
10Pe
riod
aver
age
(in p
erce
nt)
Tota
l ind
ex68
.75.
95.
0-0
.40.
6-3
.41.
63.
35.
5-1
.5-0
.1-1
.8-3
.90.
2
a. U
tiliti
es3.
46.
62.
34.
65.
01.
01.
90.
73.
90.
02.
6-3
.9-0
.7-3
.8b.
Con
stru
ctio
n6.
224
.126
.4-3
0.2
9.2
-6.9
13.7
-9.4
51.4
-3.4
-7.7
-15.
7-2
0.1
-14.
4c.
Tra
de13
.76.
6-0
.71.
9-9
.1-3
.7-4
.13.
8-4
.5-4
.49.
73.
1-1
6.6
4.5
d. H
otel
s and
rest
aura
nts
11.1
0.2
5.7
2.9
-1.2
-5.6
4.1
10.0
1.6
-2.5
5.1
3.5
-1.3
3.0
e. T
rans
port,
stor
age
& c
omm
unic
atio
n8.
5-1
.01.
88.
4-4
.3-1
.4-2
.29.
4-2
.6-0
.6-0
.65.
10.
72.
3f.
Hou
sing
12.5
3.8
3.5
3.3
3.4
2.8
2.5
2.6
3.3
3.3
2.7
2.7
2.6
1.8
g. P
ublic
adm
. & e
duca
tion
13.2
6.1
0.8
4.8
7.5
-7.7
0.3
2.0
3.5
-2.8
-10.
6-1
1.6
4.5
-1.7
Sour
ce: C
BS.
(per
cent
age
chan
ges c
ompa
red
to th
e co
rres
pond
ing
peri
od a
yea
r ear
lier)
8
TA
BL
E A
5: IN
DIC
AT
OR
S O
F T
OU
RIS
M A
CT
IVIT
Y
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1.a.
Tou
rism
rece
ipts
(in
Afl.
mill
ion)
283.
039
0.8
483.
754
8.4
625.
669
5.3
796.
383
5.4
837.
993
1.8
1,09
8.1
1,19
6.3
1,30
6.5
b. T
ouris
m e
xpen
ditu
res (
in A
fl. m
illio
n)1,
130.
01,
148.
61,
112.
4
2.St
ay-o
ver v
isito
rs (x
1,0
00)
181.
223
1.7
278.
034
4.3
432.
850
1.3
541.
756
2.0
582.
161
8.9
640.
864
6.0
647.
4
3.M
arke
t sha
res (
in p
erce
ntag
e)a.
U.S
.A.
73.0
69.5
67.6
61.1
56.8
52.6
52.9
56.1
55.7
55.7
58.0
56.3
58.2
b. V
enez
uela
7.9
7.1
7.1
9.4
11.6
14.9
16.7
15.1
12.9
13.8
11.7
13.6
15.3
c. T
he N
ethe
rland
s3.
44.
15.
47.
36.
57.
06.
35.
75.
55.
45.
65.
14.
8d.
Can
ada
1.4
1.7
2.4
2.1
3.3
3.7
3.7
3.9
4.1
4.4
3.8
3.9
3.8
e. C
olom
bia
4.1
3.9
2.5
1.9
2.1
2.2
2.7
3.0
3.7
4.3
4.7
5.2
4.7
f. B
razi
l5.
14.
84.
03.
32.
5g.
Oth
er c
ount
ries
10.1
13.6
15.0
18.1
19.7
19.6
17.7
16.1
13.0
11.5
12.2
12.8
10.7
4.V
isito
rs n
ight
s (x
1,00
0)1,
290.
81,
628.
42,
079.
62,
657.
23,
380.
03,
768.
33,
902.
34,
027.
84,
233.
74,
473.
14,
713.
74,
834.
84,
889.
7
5.A
vera
ge n
ight
s sta
yed
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
6.a.
Rec
eipt
per
vis
itor n
ight
(Afl.
)21
924
023
320
618
518
520
420
719
820
823
324
726
7b.
Ave
rage
dai
ly e
xpen
ditu
re (A
fl.)
217
205
189
7.A
vera
ge h
otel
occ
upan
cy ra
te70
.973
.078
.776
.874
.469
.771
.779
.574
.871
.671
.573
.477
.6a.
Hot
el68
.571
.577
.6b.
Tim
e sh
are
76.6
77.5
77.3
8.A
vera
ge d
aily
hot
el ra
te (A
fl.)
228
205
208
a. H
otel
238
205
208
b. T
ime
shar
e18
520
521
4
9.R
even
ue p
er a
vaila
ble
room
(Afl.
)12
911
812
7a.
Hot
el16
314
716
1b.
Tim
e sh
are
6056
56
10.
Roo
m ta
x re
ceip
ts (i
n A
fl. m
illio
n)14
.316
.016
.517
.2
11.
Cru
ise
visi
tors
(x 1
,000
)73
.386
.181
.170
.313
0.0
133.
221
6.6
251.
125
7.1
294.
031
6.7
297.
725
7.8
12.N
umbe
r of c
ruis
e sh
ip c
alls
9713
414
213
919
820
832
035
234
531
127
327
025
5
13.C
ontri
butio
n to
cur
rent
acc
ount
62.4
61.7
57.5
55.9
55.6
56.0
51.4
55.7
55.3
57.4
Sour
ce: C
BA
; CB
S; A
ruba
Tou
rism
Aut
horit
y; C
ruis
e To
uris
m A
utho
rity;
Tax
Col
lect
or’s
Off
ice.
9
TA
BL
E A
5: IN
DIC
AT
OR
S O
F T
OU
RIS
M A
CT
IVIT
Y(c
ontin
ued)
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1.a.
Tou
rism
rece
ipts
(in
Afl.
mill
ion)
1,29
0.1
1,44
5.1
1,46
0.3
1,48
0.7
1,52
1.8
1,88
4.6
1,95
9.5
1,89
6.3
2,16
2.4
2,41
0.2
2,17
6.5
2,22
2.7
2,41
3.5
b. T
ouris
m e
xpen
ditu
res (
in A
fl. m
illio
n)1,
184.
31,
319.
31,
323.
31,
170.
81,
159.
01,
454.
21,
467.
71,
283.
71,
317.
21,
536.
01,
443.
51,
470.
1
2.St
ay-o
ver v
isito
rs (x
1,0
00)
683.
372
1.2
691.
464
2.6
641.
972
8.2
732.
569
4.4
772.
182
6.8
812.
682
4.7
871.
3
3.M
arke
t sha
res (
in p
erce
ntag
e)a.
U.S
.A.
61.8
63.5
64.9
67.9
72.4
73.5
73.1
71.5
67.8
65.3
65.0
65.0
61.0
b. V
enez
uela
15.2
15.5
15.8
12.7
8.5
8.1
8.2
8.2
11.9
13.6
12.9
11.0
13.6
c. T
he N
ethe
rland
s4.
74.
24.
14.
45.
75.
25.
35.
34.
95.
05.
14.
94.
7d.
Can
ada
3.0
2.9
2.7
2.7
2.7
2.8
2.9
3.3
3.3
3.9
4.2
4.6
4.7
e. C
olom
bia
4.3
4.3
3.5
3.6
1.8
1.5
1.3
1.7
1.7
1.6
1.9
1.8
2.0
f. B
razi
l0.
80.
50.
40.
40.
40.
70.
81.
01.
01.
11.
32.
52.
6g.
Oth
er c
ount
ries
10.2
9.0
8.6
8.3
8.6
8.2
8.4
9.1
9.4
9.6
9.6
10.3
11.6
4.V
isito
rs n
ight
s (x
1,00
0)5,
143.
35,
247.
85,
144.
64,
862.
55,
097.
65,
639.
95,
694.
55,
470.
55,
879.
96,
264.
76,
172.
96,
466.
2
5.A
vera
ge n
ight
s sta
yed
7.5
7.3
7.4
7.6
7.9
7.7
7.8
7.9
7.6
7.6
7.6
7.8
6.a.
Rec
eipt
per
vis
itor n
ight
(Afl.
)25
127
528
430
429
833
434
435
236
838
535
334
4b.
Ave
rage
dai
ly e
xpen
ditu
re (A
fl.)
197
205
211
207
186
207
214
197
175
173
184
169
7.A
vera
ge h
otel
occ
upan
cy ra
te77
.075
.975
.671
.774
.480
.781
.776
.877
.376
.674
.776
.8a.
Hot
el79
.776
.075
.670
.574
.283
.983
.974
.374
.573
.272
.073
.7b.
Tim
e sh
are
72.7
75.7
74.0
73.4
74.9
75.4
78.3
79.5
80.0
80.3
77.3
80.6
8.A
vera
ge d
aily
hot
el ra
te (A
fl.)
217
230
243
248
240
266
317
317
322
327
313
321
a. H
otel
219
234
249
251
243
260
320
328
326
336
321
323
b. T
ime
shar
e20
520
620
721
721
024
628
223
828
826
226
330
5
9.R
even
ue p
er a
vaila
ble
room
(Afl.
)12
412
813
512
412
415
117
014
715
114
513
314
4a.
Hot
el17
517
818
817
718
021
826
924
524
324
623
123
8b.
Tim
e sh
are
4942
3932
2930
3330
3231
3034
10.R
oom
tax
rece
ipts
(in
Afl.
mill
ion)
18.6
22.5
25.8
24.1
25.6
30.5
33.1
33.0
33.1
36.0
33.9
43.8
58.7
11.C
ruis
e vi
sito
rs (x
1,0
00)
289.
149
0.0
487.
358
2.2
542.
357
6.3
552.
859
1.5
481.
855
6.1
606.
856
9.4
599.
9
12.N
umbe
r of c
ruis
e sh
ip c
alls
230
331
298
337
315
318
311
314
315
299
327
314
332
13.C
ontri
butio
n to
cur
rent
acc
ount
60.2
67.1
68.7
71.5
72.0
76.0
75.1
70.2
71.5
73.7
70.0
70.3
70.1
Sour
ce: C
BA
; CB
S; A
ruba
Tou
rism
Aut
horit
y; C
ruis
e To
uris
m A
utho
rity;
Tax
Col
lect
or’s
Off
ice.
10
TA
BL
E A
6: T
OU
RIS
M
Tota
lTo
tal
Vis
itors
by
orig
in
Div
ersi
ficat
ion
Ave
rage
A
vera
geC
ruis
e to
uris
mvi
sito
rvi
sito
rsIn
dex
1)ni
ghts
hote
lni
ghts
Nor
thO
f whi
chLa
tinO
f whi
chEu
rope
Of w
hich
Oth
erst
ayed
occu
panc
yN
umbe
r of
Ship
Am
eric
aU
.S.A
.A
mer
ica
Ven
ezue
laN
ethe
r-ra
tepa
ssen
gers
calls
land
s
Perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0)(1
1)(1
2)(1
3)
1986
1,29
0,82
618
1,21
113
4,91
513
2,35
930
,487
14,3
639,
292
6,18
46,
517
7.1
70.9
73,3
3897
1987
1,62
8,36
423
1,65
016
5,02
216
1,05
634
,028
16,5
3614
,508
9,42
418
,024
7.0
73.0
86,0
5013
419
882,
079,
597
277,
973
194,
659
187,
930
38,0
6619
,694
24,4
4014
,999
20,8
087.
578
.781
,111
142
1989
2,65
7,17
234
4,33
621
7,79
021
0,54
154
,922
32,2
9337
,039
25,2
9734
,585
7.7
76.8
70,3
1013
919
903,
379,
993
432,
762
260,
300
245,
916
88,6
4850
,407
40,6
9528
,019
43,1
197.
874
.412
9,96
919
819
913,
768,
334
501,
324
282,
038
263,
449
122,
820
74,7
0854
,478
35,3
0841
,988
7.5
69.7
133,
195
208
1992
3,90
2,29
354
1,71
430
6,70
628
6,53
614
2,45
690
,316
52,7
5534
,233
39,7
977.
271
.721
6,58
732
019
934,
027,
754
562,
034
337,
476
315,
332
137,
501
84,7
3252
,394
32,4
5734
,663
7.2
79.5
251,
104
352
1994
4,23
3,74
058
2,13
634
7,93
132
4,33
714
7,25
875
,205
51,5
0932
,241
35,4
387.
374
.825
7,13
834
519
954,
473,
072
618,
916
372,
054
344,
885
159,
204
85,6
4051
,440
33,2
7536
,218
7.2
71.6
293,
956
311
1996
4,71
3,72
664
0,83
439
6,09
137
1,52
315
0,52
774
,822
54,7
9336
,196
39,4
230.
36
7.
471
.531
6,74
927
319
974,
834,
838
645,
983
388,
895
363,
791
163,
288
87,6
3457
,745
32,6
6636
,055
0.35
7.5
73.4
297,
650
270
1998
4,88
9,71
864
7,43
740
1,54
737
7,10
816
2,30
899
,128
49,0
4230
,959
34,5
400.
37
7.
677
.625
7,75
525
519
995,
143,
302
683,
323
442,
833
422,
186
155,
171
103,
601
49,3
2632
,014
35,9
930.
41
7.
577
.028
9,05
223
020
005,
247,
824
721,
224
478,
726
458,
132
162,
474
112,
018
47,0
6330
,575
32,9
610.
43
7.
375
.949
0,00
533
120
015,
144,
594
691,
419
467,
418
448,
492
150,
659
109,
337
44,9
6128
,457
28,3
810.
45
7.
475
.648
7,29
629
820
024,
862,
548
642,
627
454,
261
436,
660
117,
568
81,6
6543
,980
27,9
9226
,818
0.48
7.6
71.7
582,
195
337
2003
5,09
7,57
164
1,90
648
1,68
446
4,46
677
,219
54,5
5454
,711
36,4
1528
,292
0.54
7.9
74.4
542,
327
315
2004
5,63
9,86
972
8,15
755
5,69
353
5,13
384
,455
59,2
1860
,428
38,1
2227
,581
0.55
7.7
80.7
576,
320
318
2005
5,69
4,50
173
2,51
455
6,79
853
5,44
887
,169
59,9
2863
,181
38,6
6725
,366
0.55
7.8
81.7
552,
819
311
2006
5,47
0,54
269
4,37
251
8,72
149
6,13
187
,291
57,1
0561
,993
37,1
3026
,367
0.52
7.9
76.8
591,
474
314
2007
5,87
9,88
877
2,07
354
9,06
652
3,39
312
5,68
192
,157
67,3
5337
,844
29,9
730.
45
7.
677
.348
1,77
531
520
086,
264,
689
826,
774
572,
016
539,
520
149,
884
112,
034
73,1
4441
,439
31,7
300.
45
7.
676
.655
6,09
029
920
096,
172,
913
812,
623
562,
079
528,
223
148,
825
105,
063
75,0
0041
,211
26,7
190.
45
7.
674
.760
6,76
832
720
106,
466,
217
824,
702
573,
475
535,
813
146,
131
90,8
5076
,131
40,2
9928
,965
0.44
7.8
76.8
569,
424
314
2011
871,
316
572,
021
531,
463
185,
054
118,
305
81,5
2640
,584
32,7
150.
40
59
9,89
333
2
Sour
ce: A
ruba
Tou
rism
Aut
horit
y; C
BS;
Aru
ba H
otel
and
Tou
rism
Ass
ocia
tion;
Cru
ise
Tour
ism
Aut
horit
y.
1) T
he D
iver
sific
atio
n In
dex
mea
sure
s the
con
cent
ratio
n w
ithin
the
tour
ist m
arke
t, an
d th
us d
emon
stra
tes t
he d
egre
e of
div
ersi
ficat
ion
by to
uris
t orig
in c
ount
ries.
The
high
er th
e in
dex,
the
high
er th
e le
vel o
f con
cent
ratio
n,
mea
ning
less
div
ersi
ficat
ion.
For
furth
er re
fere
nce
on th
e m
etho
dolo
gy (w
hich
is a
n ap
plic
atio
n of
a H
erfin
dahl
-Hirs
chm
an in
dex)
see
the
Qua
rterly
Bul
letin
(201
1-I)
of t
he C
BA
.
11
TA
BL
E A
7: G
RO
WT
H IN
ST
AY
-OV
ER
TO
UR
ISM
(Per
cent
age
chan
ges)
Tota
lTo
tal
Nor
thO
f whi
chLa
tinO
f whi
chEu
rope
Of w
hich
Oth
ervi
sito
rvi
sito
rsA
mer
ica
U.S
.A.
Am
eric
aV
enez
uela
Net
her-
nigh
tsla
nds
Perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)
1986
-5.3
-12.
4-1
2.4
-13.
0-1
9.2
-33.
518
.224
.4-7
.619
8726
.127
.822
.321
.711
.615
.156
.152
.417
6.6
1988
27.7
20.0
18.0
16.7
11.9
19.1
68.5
59.2
15.4
1989
27.8
23.9
11.9
12.0
44.3
64.0
51.6
68.7
66.2
1990
27.2
25.7
19.5
16.8
61.4
56.1
9.9
10.8
24.7
1991
11.5
15.8
8.4
7.1
38.5
48.2
33.9
26.0
-2.6
1992
3.6
8.1
8.7
8.8
16.0
20.9
-3.2
-3.0
-5.2
1993
3.2
3.8
10.0
10.0
-3.5
-6.2
-0.7
-5.2
-12.
919
945.
13.
63.
12.
97.
1-1
1.2
-1.7
-0.7
2.2
1995
5.7
6.3
6.9
6.3
8.1
13.9
-0.1
3.2
2.2
1996
5.4
3.5
6.5
7.7
-5.5
-12.
66.
58.
88.
819
972.
60.
8-1
.8-2
.18.
517
.15.
4-9
.8-8
.519
981.
10.
23.
33.
7-0
.613
.1-1
5.1
-5.2
-4.2
1999
5.2
5.5
10.3
12.0
-4.4
4.5
0.6
3.4
4.2
2000
2.0
5.5
8.1
8.5
4.7
8.1
-4.6
-4.5
-8.4
2001
-2.0
-4.1
-2.4
-2.1
-7.3
-2.4
-4.5
-6.9
-13.
920
02-5
.5-7
.1-2
.8-2
.6-2
2.0
-25.
3-2
.2-1
.6-5
.520
034.
8-0
.16.
06.
4-3
4.3
-33.
224
.430
.15.
520
0410
.613
.415
.415
.29.
48.
510
.44.
7-2
.520
051.
00.
60.
20.
13.
21.
24.
61.
4-8
.020
06-3
.9-5
.2-6
.8-7
.30.
1-4
.7-1
.9-4
.03.
920
077.
511
.25.
85.
544
.061
.48.
61.
913
.720
086.
57.
14.
23.
119
.321
.68.
69.
55.
920
09-1
.5-1
.7-1
.7-2
.1-0
.7-6
.22.
5-0
.6-1
5.8
2010
4.8
1.5
2.0
1.4
-1.8
-13.
51.
5-2
.28.
420
115.
7-0
.3-0
.826
.630
.27.
10.
712
.9
12
TA
BL
E A
8: C
ON
SUM
ER
PR
ICE
IND
EX
(Per
cent
age
chan
ges/
peri
od a
vera
ge)
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
Tota
l ind
ex1.
13.
63.
14.
05.
85.
63.
95.
26.
33.
43.
2
a. F
ood
3.1
6.8
7.3
8.1
8.5
5.3
3.1
4.3
5.6
4.2
4.0
b. B
ever
age
& to
bacc
o1.
815
.810
.85.
66.
57.
34.
23.
37.
33.
32.
7c.
Clo
thin
g &
foot
wea
r1.
40.
24.
37.
58.
49.
97.
510
.211
.86.
56.
4d.
Hou
sing
-0.4
0.6
0.3
0.7
4.2
5.7
5.8
9.1
7.7
2.9
1.5
e. H
ouse
keep
ing
& fu
rnis
hing
-0.2
-1.2
4.6
4.0
4.9
4.5
5.5
5.5
6.6
4.3
3.7
f. H
ealth
0.3
1.8
1.7
1.9
1.4
3.2
4.6
2.1
1.8
3.1
6.6
g. T
rans
port
& c
omm
unic
atio
n1.
96.
8-1
.10.
94.
45.
50.
51.
13.
61.
31.
8h.
Rec
reat
ion
& e
duca
tion
-2.1
0.6
3.0
3.4
5.9
5.0
3.9
2.6
5.5
4.2
4.3
i. O
ther
0.6
1.5
2.3
2.5
3.9
3.5
3.4
5.0
5.5
1.9
1.8
Aru
ba1.
13.
63.
14.
05.
85.
63.
95.
26.
33.
43.
2A
ruba
(exc
l. en
ergy
-rel
ated
com
pone
nts)
2.9
U.S
.A.
1.9
3.7
4.1
4.8
5.4
4.2
3.0
3.0
2.6
2.8
2.9
Cur
acao
1.3
3.8
2.6
3.9
3.7
4.0
1.4
2.0
1.8
2.8
3.6
The
Net
herla
nds
0.2
-0.6
0.8
1.1
2.5
4.0
3.2
2.6
2.8
1.9
2.2
Rea
l exc
hang
e ra
te in
dex
(199
5=10
0) 1
)93
.393
.292
.491
.592
.193
.293
.996
.099
.410
0.0
100.
3
1) R
elat
ive
to th
e U
.S.A
. Bas
ed o
n C
PI 1
2-m
onth
ave
rage
s.
Dec
embe
r 198
4 =
100
Aug
ust 1
994
= 10
0Se
ptem
ber 2
000
= 10
0
Sour
ce: C
BA
; CB
S A
ruba
; CB
S N
ethe
rland
s; C
BS
Net
herla
nds A
ntill
es; B
urea
u of
Lab
or S
tatis
tics.
13
TA
BL
E A
8: C
ON
SUM
ER
PR
ICE
IND
EX
(Per
cent
age
chan
ges/
peri
od a
vera
ge)
(con
tinue
d)
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
Tota
l ind
ex3.
01.
92.
34.
02.
93.
33.
72.
53.
43.
66.
08.
0
a. F
ood
3.1
2.0
2.1
1.8
3.3
3.3
3.1
3.9
3.8
4.6
10.9
9.7
b. B
ever
age
& to
bacc
o1.
91.
51.
31.
5-0
.22.
44.
40.
61.
43.
115
.43.
5c.
Clo
thin
g &
foot
wea
r4.
96.
35.
55.
68.
96.
84.
53.
80.
71.
43.
75.
6d.
Hou
sing
5.0
0.8
2.0
8.1
2.3
4.1
5.7
2.1
6.8
7.9
5.0
12.7
e. H
ouse
keep
ing
& fu
rnis
hing
1.8
2.6
3.1
3.5
4.1
4.0
2.7
2.0
1.8
1.4
5.2
3.3
f. H
ealth
2.1
0.5
0.3
0.4
0.1
0.0
0.0
0.0
0.0
0.0
-0.1
0.3
g. T
rans
port
& c
omm
unic
atio
n1.
6-0
.10.
63.
10.
30.
82.
82.
42.
81.
25.
27.
4h.
Rec
reat
ion
& e
duca
tion
2.5
2.1
2.7
3.9
2.0
2.7
2.4
2.5
2.4
2.5
5.6
5.9
i. O
ther
2.1
1.5
1.7
3.0
2.8
2.5
2.6
1.5
2.1
2.3
4.9
5.2
Aru
ba3.
01.
92.
34.
02.
93.
33.
72.
53.
43.
66.
08.
0A
ruba
(exc
l. en
ergy
-rel
ated
com
pone
nts)
2.5
2.2
2.1
2.7
3.0
3.0
2.2
2.0
1.7
1.9
5.0
5.1
U.S
.A.
2.3
1.6
2.2
3.4
2.8
1.6
2.3
2.7
3.4
3.2
2.9
3.8
Cur
acao
3.3
1.1
0.4
5.8
1.8
0.4
1.6
1.4
4.1
3.1
3.0
6.9
The
Net
herla
nds
2.2
2.0
2.2
2.5
4.2
3.3
2.1
1.2
1.7
1.2
1.6
2.5
Rea
l exc
hang
e ra
te in
dex
(199
5=10
0) 1
)10
0.9
101.
210
1.3
102.
010
2.0
103.
810
5.2
105.
010
5.0
105.
410
8.7
113.
0
1) R
elat
ive
to th
e U
.S.A
. Bas
ed o
n C
PI 1
2-m
onth
ave
rage
s.
Dec
embe
r 198
4 =
100
Aug
ust 1
994
= 10
0Se
ptem
ber 2
000
= 10
0
Sour
ce: C
BA
; CB
S A
ruba
; CB
S N
ethe
rland
s; C
BS
Net
herla
nds A
ntill
es; B
urea
u of
Lab
or S
tatis
tics.
14
TA
BL
E A
8: C
ON
SUM
ER
PR
ICE
IND
EX
(Per
cent
age
chan
ges/
peri
od a
vera
ge)
(con
tinue
d)
2006
2007
2008
2009
2010
2011
Tota
l ind
ex3.
65.
49.
0-2
.12.
14.
4
a. F
ood
and
non-
alco
holic
bev
erag
es
5.2
13.7
11.2
4.6
-2.3
4.4
b. A
lcoh
olic
bev
erag
es a
nd to
bacc
o0.
911
.23.
54.
6-1
.010
.7c.
Clo
thin
g an
d fo
otw
ear
1.2
4.4
7.1
0.2
-5.3
-1.5
d. H
ousi
ng7.
45.
513
.8-8
.29.
47.
2e.
Hou
seho
ld o
pera
tion
1.5
4.6
3.7
2.6
-1.2
-0.3
f. H
ealth
0.0
-2.7
13.1
2.0
-0.7
-0.9
g. T
rans
port
1.7
7.1
11.3
-6.5
1.9
7.5
h. C
omm
unic
atio
ns0.
02.
3-0
.3-0
.90.
73.
1i.
Rec
reat
ion
and
cultu
re3.
18.
74.
42.
4-0
.42.
2j.
Educ
atio
n3.
66.
08.
0-4
.41.
13.
5k.
Res
taur
ants
and
hot
els
3.0
6.4
2.3
7.3
-0.2
1.7
l. M
isce
llane
ous g
oods
and
serv
ices
2.1
-0.2
3.5
2.8
-0.7
0.5
Aru
ba3.
65.
49.
0-2
.12.
14.
4A
ruba
(exc
l. en
ergy
-rel
ated
com
pone
nts)
1.9
4.2
4.7
2.3
-0.6
1.7
Aru
ba (e
xcl.
ener
gy- &
food
-rel
ated
1.
43.
03.
31.
8-0
.31.
2U
nite
d St
ates
3.2
2.9
3.8
-0.4
1.6
3.2
Cur
acao
3.1
3.0
6.9
1.8
2.8
2.3
The
Net
herla
nds
1.2
1.6
2.5
1.2
1.3
2.3
Rea
l exc
hang
e ra
te in
dex
(199
5=10
0) 1
)10
5.4
108.
011
3.4
111.
311
1.8
113.
1
1) R
elat
ive
to th
e U
.S.A
. Bas
ed o
n C
PI 1
2-m
onth
ave
rage
s.
Dec
embe
r 200
6 =
100
Sour
ce: C
BA
; CB
S A
ruba
; CB
S N
ethe
rland
s; C
BS
Net
herla
nds A
ntill
es; B
urea
u of
Lab
or S
tatis
tics.
15
TA
BL
E A
9: C
ON
SUM
ER
PR
ICE
IND
ICE
S
Tota
lFo
odB
ever
age
&C
loth
ing
&H
ousi
ngH
ouse
-H
ealth
Tran
spor
tR
ecre
atio
nO
ther
inde
xto
bacc
ofo
otw
ear
keep
ing
&&
com
mun
i-&
edu
ca-
furn
ishi
ngca
tion
tion
Wei
ghts
(Dec
embe
r 19
84)
10,0
002,
449
29
1
836
1,
837
91
4
292
1,
738
50
1
1,14
2
Wei
ghts
(Aug
ust 1
994)
10,0
001,
625
25
4
1,13
4
1,78
6
1,03
9
307
2,
072
80
8
975
W
eigh
ts (S
epte
mbe
r 20
00)
10,0
001,
469
21
9
1,08
6
2,29
6
1,00
2
88
1,
967
79
9
1,07
4
End
of p
erio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0)
1986
105.
510
6.2
105.
610
2.7
111.
710
0.9
101.
410
7.0
96.1
102.
419
8710
9.2
111.
912
4.8
104.
311
3.0
101.
310
3.4
112.
598
.010
4.9
1988
113.
512
2.2
137.
811
2.7
113.
710
5.1
106.
111
0.6
101.
410
7.5
1989
118.
413
1.1
145.
812
0.1
115.
310
9.1
106.
611
3.7
107.
611
0.6
1990
126.
814
1.9
154.
912
9.7
122.
611
6.2
109.
012
4.5
111.
411
5.1
1991
131.
514
6.4
166.
214
4.0
128.
311
9.6
113.
412
3.6
117.
611
8.6
1992
137.
415
3.4
170.
515
2.1
137.
112
8.4
117.
512
4.1
121.
412
3.5
1993
146.
216
0.1
180.
417
5.1
151.
113
5.1
120.
112
8.0
125.
013
1.1
1994
100.
810
1.0
100.
210
2.2
100.
710
1.0
100.
410
0.2
100.
510
0.4
1995
103.
910
5.4
104.
110
7.9
102.
710
5.3
105.
710
1.3
104.
710
2.0
1996
107.
110
9.6
105.
211
5.5
104.
210
8.6
111.
510
3.0
108.
310
4.0
1997
110.
111
1.8
108.
012
0.6
110.
611
0.4
112.
110
4.1
110.
910
6.1
1998
111.
711
4.2
108.
512
9.6
109.
011
3.1
112.
710
3.3
112.
610
7.3
1999
115.
811
6.3
111.
313
4.0
118.
011
7.7
113.
110
5.9
117.
110
9.9
2000
100.
810
0.8
100.
010
1.5
101.
110
1.4
100.
010
0.1
100.
510
0.8
2001
103.
410
4.9
100.
411
1.5
102.
510
6.5
100.
098
.210
2.5
103.
120
0210
7.7
107.
310
6.4
116.
411
0.2
109.
510
0.0
101.
510
5.3
106.
220
0311
0.1
111.
210
6.8
122.
211
1.7
111.
910
0.0
103.
310
7.0
107.
920
0411
3.2
115.
410
7.7
125.
511
4.9
114.
110
0.0
106.
810
9.7
109.
620
0511
7.5
120.
110
9.1
125.
412
7.5
115.
610
0.0
106.
811
2.9
112.
220
0612
0.4
128.
312
0.1
126.
612
8.3
117.
910
0.0
109.
911
4.7
114.
220
0713
2.7
140.
913
1.1
137.
514
8.9
124.
099
.911
9.9
124.
712
2.7
2008
131.
315
8.3
135.
713
7.0
133.
312
7.1
100.
311
5.8
125.
412
3.1
Sour
ce: C
BS.
16
TA
BL
E A
9: C
ON
SUM
ER
PR
ICE
IND
ICE
S(c
ontin
ued)
Tota
lFo
od &
Alc
ohol
icC
loth
ing
&H
ousi
ngH
ouse
hold
Hea
lthTr
ansp
ort
Com
mun
i-R
ecre
atio
n &
Educ
atio
nR
esta
uran
ts &
Mis
cella
neou
s in
dex
non-
alco
holic
beve
rage
s &fo
otw
ear
oper
atio
nca
tion
cultu
reho
tels
good
s &be
vera
ges
toba
cco
serv
ices
prod
ucts
Wei
ghts
(Dec
embe
r 20
06)
10,0
001,
125
82
62
6
2,
553
741
23
6
1,81
5
70
6
89
1
8337
476
7
End
of p
erio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0)(1
1)(1
2)(1
3)
2006
100.
010
7.9
96.0
105.
710
5.4
96.9
83.1
94.5
81.9
98.3
100.
010
0.9
94.3
2007
109.
912
0.6
105.
511
7.1
124.
510
0.9
78.5
106.
783
.510
7.2
110.
210
6.2
95.7
2008
107.
913
5.9
109.
411
6.5
107.
810
4.7
92.2
102.
482
.911
0.1
109.
111
4.4
97.7
2009
115.
213
3.5
112.
611
9.6
127.
410
8.1
92.9
109.
683
.411
4.4
109.
511
9.1
100.
320
1011
4.4
133.
611
1.9
110.
413
0.0
105.
792
.210
7.4
83.8
112.
511
1.7
116.
598
.820
1112
1.4
141.
812
4.4
108.
814
5.6
103.
391
.211
5.9
86.9
115.
211
6.1
120.
510
0.1
Sour
ce: C
BS.
17
TA
BL
E A
10: P
ER
CE
NT
AG
E P
RIC
E C
HA
NG
ES
Perc
enta
ge c
hang
e
All
Ove
rO
ver
Ove
rLa
st 1
2 m
onth
sEn
d of
grou
pspr
evio
us3
mon
ths
a ye
arov
er p
revi
ous
perio
din
dex
mon
thea
rlier
earli
er12
mon
ths
1986
105.
50.
30.
51.
81.
119
8710
9.2
0.2
0.4
3.5
3.6
1988
113.
50.
20.
83.
93.
119
8911
8.4
0.7
1.6
4.3
4.0
1990
126.
80.
42.
27.
15.
819
9113
1.5
0.2
0.7
3.7
5.6
1992
137.
40.
41.
34.
53.
919
9314
6.2
0.6
1.7
6.4
5.2
1994
100.
80.
30.
54.
76.
319
9510
3.9
0.2
0.8
3.1
3.4
1996
107.
10.
30.
83.
13.
219
9711
0.1
0.3
0.9
2.8
3.0
1998
111.
70.
10.
51.
51.
919
9911
5.8
0.3
1.3
3.7
2.3
2000
100.
80.
30.
83.
54.
020
0110
3.4
0.4
0.8
2.5
2.9
2002
107.
70.
00.
94.
23.
320
0311
0.1
0.2
0.3
2.3
3.7
2004
113.
2-0
.60.
42.
82.
520
0511
7.5
-0.5
0.5
3.8
3.4
2006
100.
00.
1-1
.12.
53.
620
0710
9.9
1.6
3.5
9.9
5.4
2008
107.
9-4
.5-9
.7-1
.99.
020
0911
5.2
0.2
0.2
6.8
-2.1
2010
114.
40.
0-0
.1-0
.72.
120
1112
1.4
-0.1
-0.5
6.1
4.4
Dec
embe
r 198
4 =
100
Aug
ust 1
994
= 10
0Se
ptem
ber 2
000
= 10
0D
ecem
ber 2
006
= 10
0
18
TA
BL
E A
11:
CO
NST
RU
CT
ION
AC
TIV
ITIE
S
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1.N
umbe
r of c
onst
ruct
ion
perm
its g
rant
ed26
.31,
314.
01,
530
1,54
41,
693
1,37
11,
243
1,18
51,
269
1,47
41,
584
1,30
31,
151
962
857
899
786
a. H
ouse
s8.
81,
183.
098
61,
099
1,18
287
174
985
277
41,
034
1,09
278
267
452
549
950
637
6b.
Apa
rtmen
ts32
.042
3924
3522
4222
1725
3028
3933
2936
c. O
ffic
e bu
ildin
gs2.
311
.018
816
1612
1012
1615
2225
139
109
d. S
tore
s and
shop
ping
mal
ls6.
05.
028
1715
1824
2529
2525
3429
1611
2311
e. O
ther
s9.
283
.045
638
145
643
143
525
643
238
242
743
539
536
930
533
135
4
2.To
tal v
alue
of c
onst
ruct
ion
perm
its (i
n A
fl. m
illio
n)30
9.9
177.
816
8.4
184.
821
1.8
229.
424
3.9
207.
128
3.2
525.
744
7.6
670.
534
3.2
488.
829
9.9
a. H
ouse
s10
6.1
112.
210
4.5
91.6
78.6
79.7
92.6
97.0
113.
710
8.6
115.
310
5.3
93.6
116.
886
.2b.
Apa
rtmen
ts6.
111
.013
.816
.14.
518
.16.
923
.55.
013
.812
.462
.713
.221
.834
.3c.
Off
ice
build
ings
7.4
3.3
9.6
7.3
11.6
15.4
4.4
15.9
10.1
39.2
40.9
11.3
8.1
17.0
21.4
d. S
tore
s and
shop
ping
mal
ls12
5.1
12.2
9.0
26.6
33.7
15.2
16.1
25.4
17.4
78.2
64.4
29.5
10.2
59.5
22.9
e. O
ther
s65
.239
.231
.543
.383
.310
1.1
123.
945
.313
7.0
286.
021
4.5
461.
721
8.1
273.
713
5.0
3.To
tal c
emen
t im
porte
d (x
1,0
00 K
g)32
,403
.036
,073
.040
,333
42,2
5955
,626
41,8
7935
,277
47,6
4364
,497
59,6
7588
,719
78,4
1378
,582
67,0
4049
,746
35,6
4949
,301
4.N
umbe
r of e
lect
rical
inst
alla
tions
app
rove
d3,
231
2,72
83,
084
2,98
92,
483
3,03
42,
873
2,62
83,
021
2,54
12,
763
2,46
32,
138
2,27
22,
021
1,50
61,
524
a. H
ouse
s98
588
682
597
072
266
773
572
185
768
656
058
346
738
035
9b.
Apa
rtmen
ts25
022
013
218
919
720
625
726
425
820
425
927
719
917
428
6c.
Ent
erpr
ises
148
151
135
112
175
151
267
372
296
252
291
292
231
152
176
d. O
ther
s1,
701
1,73
21,
391
1,76
31,
779
1,60
41,
762
1,18
41,
352
1,32
11,
028
1,12
01,
124
800
703
Sour
ce: D
epar
tmen
t of P
ublic
Wor
ks; D
epar
tmen
t of T
echn
ical
Insp
ectio
n; C
BS.
19
TA
BL
E A
12: U
TIL
ITIE
S
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. W
ater
a.
Qua
ntity
(x 1
,000
m3)
9,18
29,
587
10,2
8010
,406
11,0
2911
,353
11,3
7411
,718
11,4
3811
,399
11,4
7411
,750
11,4
4511
,383
11,0
4710
,465
b. V
alue
(in
Afl.
mln
.)47
.453
.154
.654
.265
.265
.666
.374
.672
.982
.995
.910
2.3
122.
910
3.3
114.
311
7.1
c. C
onne
cted
pre
mis
es26
,326
27,1
8028
,283
29,2
1130
,225
31,2
1831
,952
32,7
8633
,626
34,9
0535
,989
36,8
2437
,992
38,8
5739
,424
40,1
62
2. E
lect
ricity
a. Q
uant
ity (x
1,0
00 K
WH
)52
4,64
255
1,84
960
0,76
761
4,93
164
4,34
867
3,61
169
2,81
370
1,57
772
9,79
075
9,33
676
1,36
278
1,07
376
4,29
177
3,90
978
9,58
177
1,84
1b.
Val
ue (i
n A
fl. m
ln)
164.
618
1.4
190.
422
8.2
262.
827
9.3
344.
128
3.4
339.
137
0.6
c. C
onne
ctio
ns32
,141
33,3
3734
,416
35,4
9636
,448
37,4
0436
,448
39,0
0439
,806
40,7
6541
,502
42,4
1943
,062
43,6
3543
,975
44,5
61d.
Num
ber o
f use
rs27
,528
28,7
0829
,861
30,9
7132
,062
33,1
4732
,062
34,8
0235
,733
36,7
3737
,630
38,4
9539
,207
39,7
4340
,238
40,8
37
3. G
as
a. Q
uant
ity (x
1,0
00 p
ound
s)15
,152
13,9
7215
,633
21,2
4117
,162
17,6
2917
,795
18,2
2118
,898
19,1
3319
,275
19,9
7920
,486
20,5
1120
,399
20,8
85b.
Val
ue (i
n A
fl. m
ln)
8.5
7.9
8.8
12.0
9.8
10.2
10.4
10.9
11.4
11.8
12.6
15.0
18.3
20.5
20.2
22.8
c. H
ouse
hold
s6,
809
6,12
06,
958
9,44
87,
354
7,20
67,
337
7,34
27,
393
7,41
67,
387
7,35
57,
496
7,65
47,
342
7,49
3d.
Com
mer
cial
use
rs8,
343
7,85
28,
675
11,7
949,
808
10,4
2210
,458
10,8
7911
,505
11,7
1711
,888
12,6
2412
,990
12,8
5713
,057
13,3
92
4. U
tiliti
es in
dex
100.
010
4.9
112.
911
5.2
121.
012
6.1
129.
313
1.6
134.
813
8.9
139.
414
2.9
140.
114
1.1
142.
613
9.2
Sour
ce: W
EB A
ruba
N.V
.; N
.V. E
LMA
R; A
ruga
s N.V
.
20
TA
BL
E A
13: M
ER
CH
AN
DIS
E F
OR
EIG
N T
RA
DE
BY
CO
UN
TR
Y
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. E
xpor
t of g
oods
(f.o
.b.)
26.3
22.3
43.2
51.5
52.3
48.3
51.7
62.1
35.9
40.2
36.1
46.4
55.7
54.7
52.2
41.9
54.9
a. U
nite
d St
ates
5.6
5.5
15.2
17.8
24.0
14.5
13.4
25.2
13.0
14.4
13.7
20.3
19.4
22.3
14.5
13.4
18.0
b. C
olom
bia
6.3
2.1
4.9
11.3
10.6
12.5
7.0
4.9
0.9
1.7
1.7
1.2
0.9
0.6
0.9
0.5
0.8
c. T
he N
ethe
rland
s4.
64.
910
.16.
76.
36.
17.
56.
56.
66.
96.
79.
113
.79.
211
.08.
910
.7d.
The
Net
herla
nds A
ntill
es5.
92.
65.
75.
64.
45.
210
.29.
37.
08.
19.
28.
38.
99.
911
.89.
511
.8e.
Ven
ezue
la1.
40.
92.
65.
13.
86.
211
.012
.62.
63.
71.
82.
73.
23.
62.
30.
71.
7f.
Oth
er c
ount
ries
2.5
6.4
4.7
5.0
3.2
3.8
2.6
3.6
5.7
5.4
2.9
4.8
9.5
9.0
11.7
8.8
11.9
2. Im
port
of g
oods
(c.i.
f.)97
0.7
1,03
5.8
1,10
0.7
1,21
9.4
1,40
0.8
1,29
1.0
1,31
8.3
1,36
3.1
1,41
7.9
1,47
4.4
1,70
0.8
1,73
6.7
1,87
4.9
1,89
1.2
2,34
8.0
1,79
8.5
1,95
2.2
a. U
nite
d St
ates
569.
561
2.9
654.
080
8.6
926.
278
4.7
816.
782
4.8
836.
586
6.9
1,02
7.7
1,00
8.8
1,08
8.9
1,08
8.4
967.
495
3.8
1,07
0.8
b. T
he N
ethe
rland
s13
7.6
139.
213
7.1
128.
915
5.6
161.
215
3.0
172.
218
0.6
204.
719
8.9
207.
223
9.2
239.
130
8.8
215.
025
0.5
c. T
he N
ethe
rland
s Ant
illes
45.2
47.3
46.2
36.6
39.8
51.0
48.1
45.0
46.5
44.3
47.3
58.3
55.6
44.5
44.1
87.2
52.6
d. V
enez
uela
35.6
41.4
40.1
41.7
42.0
47.2
40.8
40.8
45.5
50.2
47.5
45.7
42.4
31.3
27.5
23.2
22.7
e. P
anam
a21
.620
.923
.220
.119
.026
.726
.626
.031
.540
.841
.945
.254
.254
.758
.858
.363
.4f.
Bra
zil
7.3
6.2
4.4
7.5
10.6
9.3
12.5
14.1
17.9
26.1
33.0
36.1
35.8
39.0
28.9
26.6
25.4
g. C
olom
bia
16.3
18.9
18.9
21.4
22.4
28.8
25.8
35.9
41.5
33.8
31.6
34.4
h. Ja
pan
26.5
30.0
33.3
27.1
35.9
39.9
33.6
35.4
38.3
36.7
36.0
43.2
34.2
42.9
28.9
26.8
24.3
i. O
ther
cou
ntrie
s12
7.4
137.
916
2.2
148.
917
1.8
154.
616
8.2
185.
919
9.8
182.
323
9.7
266.
528
8.7
309.
784
9.8
376.
140
8.1
3. T
rade
bal
ance
-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
Sour
ce: C
BS.
21
TA
BL
E A
14: M
ER
CH
AN
DIS
E F
OR
EIG
N T
RA
DE
BY
PR
OD
UC
T C
AT
EG
OR
Y
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. E
xpor
t of g
oods
(f.o
.b.)
26.3
22.3
43.2
51.5
52.3
48.3
51.7
62.1
35.9
40.2
36.1
46.4
55.7
54.7
52.2
41.9
54.9
a. L
ive
anim
als a
nd o
ther
ani
mal
pro
duct
s8.
92.
45.
816
.113
.918
.417
.817
.62.
42.
61.
61.
21.
10.
70.
80.
50.
7b.
Tra
nspo
rt eq
uipm
ent
2.3
2.8
5.1
3.4
4.0
2.2
3.0
3.2
3.0
3.5
3.2
4.5
5.1
5.4
7.5
4.2
5.5
c. A
rt ob
ject
s and
col
lect
ors'
item
s6.
05.
86.
29.
97.
18.
29.
58.
47.
87.
57.
111
.29.
811
.210
.18.
58.
7d.
Mac
hine
ry a
nd e
lect
rote
chni
cal e
quip
men
t2.
62.
43.
06.
55.
44.
04.
011
.16.
75.
44.
811
.17.
911
.59.
03.
85.
7e.
Oth
er g
oods
6.5
8.8
22.9
15.5
21.9
15.4
17.4
21.8
16.0
21.3
19.5
18.4
31.7
25.8
25.0
24.9
34.3
2. Im
port
of g
oods
(c.i.
f.)97
0.7
1,03
5.8
1,10
0.7
1,21
9.4
1,40
0.8
1,29
1.0
1,31
8.3
1,36
3.1
1,41
7.9
1,47
4.4
1,70
0.8
1,73
6.7
1,87
4.9
1,89
1.2
2,34
8.0
1,79
8.5
1,95
2.2
a. L
ive
anim
als a
nd o
ther
ani
mal
pro
duct
s80
.282
.082
.097
.690
.799
.410
0.8
90.7
86.3
94.7
98.5
102.
410
9.7
136.
512
0.9
133.
714
9.1
b. F
ood
prod
ucts
117.
612
4.1
128.
713
7.3
137.
713
9.8
144.
814
6.4
155.
816
8.9
176.
219
1.0
202.
021
4.9
213.
121
9.1
223.
3c.
Che
mic
al p
rodu
cts
82.9
103.
412
5.1
129.
213
7.9
162.
715
8.2
164.
614
6.5
158.
616
3.1
177.
118
4.3
196.
920
0.3
179.
720
6.6
d. B
ase
met
als a
nd d
eriv
ated
wor
ks56
.971
.386
.411
4.6
154.
491
.010
7.8
103.
712
2.0
104.
616
9.8
160.
815
6.2
134.
710
3.2
80.5
124.
3e.
Mac
hine
ry a
nd e
lect
rote
chni
cal e
quip
men
t14
3.8
153.
415
3.9
195.
228
7.0
189.
223
3.3
250.
026
6.6
232.
131
3.7
318.
932
0.7
326.
040
7.1
254.
537
9.8
f. Tr
ansp
ort e
quip
men
t80
.088
.710
0.2
95.5
109.
211
7.4
102.
911
8.7
120.
013
4.1
146.
115
0.4
125.
912
6.4
101.
899
.512
1.9
g. O
ther
goo
ds40
9.3
412.
942
4.4
450.
048
3.9
491.
647
0.7
489.
152
0.7
581.
363
3.4
636.
277
6.1
755.
81,
201.
783
1.4
747.
3
3. T
rade
bal
ance
-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
Sour
ce: C
BS.
22
TA
BL
E A
15:
OIL
RE
FIN
ING
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. E
xpor
t of r
efin
ed o
il (in
Afl.
mill
ion)
*1,
404
1,58
91,
866
1,77
82,
565
2,27
21,
290
2,19
22,
331
2,88
21,
898
3,12
05,
036
7,60
28,
101
8,50
09,
216
3,12
356
8,28
4
2. Im
port
of c
rude
oil
(in A
fl. m
illio
n)*
1,24
31,
451
1,49
51,
505
2,40
51,
862
704
2,09
21,
922
2,03
01,
789
2,67
04,
267
5,91
06,
534
7,23
48,
513
2,50
455
88,
405
3. Q
uant
ity o
f oil
refin
ed (x
1,0
00 b
arre
ls)
39,9
5650
,139
58,6
1852
,969
68,6
6065
,507
58,3
8873
,713
83,5
5364
,327
52,3
8363
,155
77,4
6878
,236
61,4
8665
,525
58,2
5935
,767
052
,906
4. N
umbe
r of e
mpl
oyee
s (at
end
of p
erio
d)48
053
651
956
553
653
454
152
056
459
767
266
265
469
670
969
567
364
961
561
1
* Fi
gure
s for
impo
rts a
nd e
xpor
ts h
ave
been
revi
sed
for t
he p
erio
d be
twee
n 20
04 -
2010
.So
urce
: Aru
ba's
oil r
efin
ing
com
pany
.
23
0
500,000
1,000,000
1,500,000
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart A1: Tourism
stay‐over cruise
200
250
300
350
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart A2: Ship calls
60
80
100
120
140
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart A4: Consumer price index (end of period)
60
65
70
75
80
85
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
In p
erce
nt
Chart A3: Average hotel occupancy rate
24
500
1,000
1,500
2,000
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart A6: Number of construction permits granted
20
40
60
80
100
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Kg th
ousand
Chart A8: Cement imports
‐5
0
5
10
15
2006
2007
2008
2009
2010
2011
In perce
ntChart A5: Inflation Aruba and selected countries (end of period)
Aruba Curacao USA Netherlands
1,000
1,500
2,000
2,500
3,000
3,500
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart A7: Number of electrical installations approved
25
4,000
6,000
8,000
10,000
12,000
14,000
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In m
3 th
ousand
Chart A9: Water consumption
200,000
400,000
600,000
800,000
1,000,000
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In KWH th
ousand
Chart A10: Electricity consumption
10,00012,00014,00016,00018,00020,00022,000
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In pou
nds thou
sand
Chart A11: Gas consumption
‐15‐10‐505101520
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
nt
Chart A12: Gross domestic product (growth)
nominal real
26
‐5
0
5
10
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Chart A13: Partial economic activity index (total index)percentage change
90
100
110
120
130
140
150
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart A14: Utilities index
‐2,500‐2,000‐1,500‐1,000‐500
0500
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart A15: Merchandise trade
Imports Exports Trade deficit
0500
1,0001,5002,0002,500
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart A16: Import of goods by country
Other countries Japan Colombia BrazilPanama Venezuela Netherlands Antilles The NetherlandsUSA Imports
27
0
20
40
60
80
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart A17: Export of goods by country
Other countries Venezuela Netherland Antilles Netherland
Colombia USA Exports
28
B Monetary and financial developments
TA
BL
E B
1: C
EN
TR
AL
E B
AN
K V
AN
AR
UB
A -
DE
TA
ILE
D B
AL
AN
CE
SH
EE
T
Dom
estic
ass
ets
Tota
lFo
reig
n as
sets
Tota
lTo
tal
dom
estic
fore
ign
asse
tsG
over
nmen
tO
ther
asse
tsG
old
and
Cla
ims o
nas
sets
clai
ms
in g
old
Ban
ksG
over
nmen
tO
ther
End
ofpe
riod
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
1986
0.0
0.4
0.4
10.0
14.8
33.6
83.7
142.
114
2.5
1987
0.0
0.6
0.6
10.0
11.4
24.5
105.
015
0.9
151.
519
880.
00.
50.
510
.046
.69.
110
7.5
173.
317
3.7
1989
0.0
5.5
5.5
47.4
32.7
0.0
122.
020
2.1
207.
619
900.
06.
46.
447
.437
.60.
013
7.8
222.
822
9.1
1991
0.0
6.8
6.8
47.4
32.7
9.5
171.
826
1.4
268.
219
920.
09.
09.
045
.949
.40.
020
5.0
300.
230
9.2
1993
0.0
10.6
10.6
45.9
54.5
0.0
269.
837
0.1
380.
719
940.
011
.411
.445
.935
.00.
028
2.9
363.
837
5.2
1995
0.0
14.7
14.7
47.1
33.3
0.0
354.
643
4.9
449.
619
960.
018
.118
.150
.119
.70.
031
6.1
385.
940
4.1
1997
0.0
13.9
13.9
50.1
35.5
0.0
276.
636
2.2
376.
119
980.
013
.113
.141
.035
.30.
036
7.2
443.
545
6.5
1999
0.0
14.2
14.2
41.0
45.5
0.0
353.
844
0.3
454.
520
000.
013
.413
.441
.031
.40.
034
9.8
422.
243
5.6
2001
0.0
18.6
18.6
55.0
60.7
0.0
465.
058
0.8
599.
320
020.
029
.829
.868
.240
.30.
056
7.8
676.
370
6.1
2003
0.0
31.2
31.2
83.1
33.1
0.0
495.
461
1.5
642.
720
040.
028
.928
.987
.140
.60.
048
8.2
615.
964
4.8
2005
0.0
23.4
23.4
102.
024
.50.
046
5.1
591.
661
5.0
2006
0.0
21.2
21.2
126.
412
0.0
0.0
484.
773
1.1
752.
320
070.
019
.619
.616
6.4
169.
50.
049
6.6
832.
485
2.1
2008
0.0
21.9
21.9
172.
024
9.0
0.0
833.
81,
254.
81,
276.
720
090.
025
.025
.021
9.9
72.6
0.0
962.
41,
254.
91,
279.
920
100.
020
.820
.828
0.9
43.9
0.0
972.
01,
296.
81,
317.
620
110.
020
.420
.431
3.7
55.0
0.0
905.
71,
274.
31,
294.
7
31
TA
BL
E B
1: C
EN
TR
AL
E B
AN
K V
AN
AR
UB
A -
DE
TA
ILE
D B
AL
AN
CE
SH
EE
T(c
ontin
ued)
Tota
lTo
tal
Rev
alua
tion
Tota
lD
omes
tic li
abili
ties
dom
estic
fore
ign
of g
old,
liabi
litie
slia
bilit
ies
liabi
litie
sfo
reig
nC
apita
lB
ank
Gov
ern-
Dev
elop
-O
ffic
ial
Com
mer
cial
Oth
erPr
ivat
eO
ther
exch
ange
and
and
note
sm
ent
men
ten
titie
sba
nks d
epos
itsfin
.inst
.se
ctor
secu
rity
hold
ings
rese
rves
issu
edfu
nds
depo
sits
Dem
and
Tim
e
End
ofpe
riod
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
1986
10.0
36.6
13.2
17.5
1.7
14.5
43.2
0.0
0.2
5.2
142.
10.
30.
014
2.5
1987
13.9
40.0
7.8
3.7
4.7
10.2
51.5
6.6
1.6
10.9
151.
00.
50.
015
1.5
1988
19.9
46.8
8.4
7.7
3.8
14.0
62.1
1.1
3.3
5.7
172.
80.
90.
017
3.7
1989
20.0
58.6
3.5
10.3
1.6
13.5
50.2
0.9
0.9
8.0
167.
52.
437
.620
7.6
1990
22.0
70.8
7.7
5.5
2.4
18.5
53.1
1.2
2.1
5.9
189.
22.
537
.422
9.1
1991
24.0
79.6
3.8
12.0
4.2
23.7
68.1
0.0
10.5
4.6
230.
60.
137
.526
8.2
1992
24.8
83.4
6.5
17.2
1.4
34.2
100.
00.
01.
44.
327
3.2
1.0
35.0
309.
219
9326
.088
.045
.912
.72.
331
.312
0.8
0.0
1.3
5.7
334.
012
.534
.338
0.7
1994
25.7
94.7
63.7
8.0
2.2
29.9
98.1
0.0
2.2
6.8
331.
213
.730
.337
5.2
1995
28.8
104.
591
.28.
75.
920
.412
7.8
0.0
9.6
14.0
410.
91.
137
.644
9.6
1996
34.9
110.
289
.92.
65.
76.
610
2.8
0.0
1.7
12.9
367.
31.
135
.640
4.1
1997
36.5
115.
858
.59.
83.
017
.776
.20.
02.
713
.933
4.0
2.5
39.7
376.
119
9842
.912
1.3
55.7
9.8
2.5
43.5
132.
80.
06.
011
.542
6.1
1.7
28.8
456.
519
9944
.013
3.3
46.3
9.4
3.2
42.8
140.
30.
05.
47.
743
2.4
0.1
22.0
454.
520
0052
.113
7.1
35.3
22.6
1.3
25.5
118.
50.
02.
79.
740
4.8
2.3
28.5
435.
620
0164
.314
1.8
65.7
31.3
2.5
60.9
156.
50.
019
.415
.855
8.1
2.6
38.7
599.
320
0268
.414
7.4
64.3
47.9
3.4
80.1
195.
10.
08.
426
.364
1.2
8.5
56.5
706.
120
0378
.214
9.1
36.8
30.5
1.2
61.3
193.
70.
02.
724
.157
7.6
2.6
62.5
642.
720
0478
.214
5.5
6.5
41.7
2.6
82.3
196.
00.
01.
623
.657
8.1
1.5
65.2
644.
820
0578
.216
2.7
6.8
0.2
0.0
63.5
191.
00.
013
.317
.353
2.8
3.0
79.2
615.
020
0678
.218
0.1
24.5
2.5
0.0
46.3
262.
00.
015
.320
.462
9.3
17.2
105.
975
2.3
2007
78.2
202.
720
.441
.70.
076
.325
7.5
0.0
1.6
26.7
705.
14.
414
2.6
852.
120
0873
.921
2.2
99.0
84.6
0.0
143.
746
3.2
0.0
4.3
29.8
1,11
0.6
7.5
158.
61,
276.
720
0982
.920
0.7
96.2
104.
90.
019
4.6
474.
40.
01.
419
.71,
174.
93.
110
1.9
1,27
9.9
2010
82.9
197.
876
.37.
90.
020
5.8
558.
20.
01.
121
.81,
151.
81.
216
4.6
1,31
7.6
2011
86.3
204.
018
3.5
32.8
0.0
132.
043
4.9
0.0
1.2
11.8
1,08
6.5
0.8
207.
41,
294.
7
32
TA
BL
E B
2: B
AN
K N
OT
ES
ISSU
ED
Den
omin
atio
ns: n
umbe
r (x
1,00
0)To
tal
Den
omin
atio
ns: v
alue
(Afl.
mill
ion)
Tota
lnu
mbe
rva
lue
510
2550
100
500
of n
otes
510
2550
100
500
of n
otes
issu
edis
sued
End
ofEn
d of
perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)pe
riod
(1)
(2)
(3)
(4)
(5)
(6)
(7)
1986
192
177
9255
288
804
1986
1.0
1.8
2.3
2.8
28.8
36.6
1987
219
192
9863
313
886
1987
1.1
1.9
2.5
3.2
31.3
40.0
1988
243
211
112
7237
11,
009
19
881.
22.
12.
83.
637
.146
.819
8929
324
313
386
471
1,22
6
1989
1.5
2.4
3.3
4.3
47.1
58.6
1990
347
274
160
103
571
1,45
6
1990
1.7
2.7
4.0
5.2
57.1
70.8
1991
402
298
175
122
641
1,63
8
1991
2.0
3.0
4.4
6.1
64.1
79.6
1992
412
315
182
130
671
1,71
0
1992
2.1
3.1
4.6
6.5
67.1
83.4
1993
466
339
192
162
694
1,85
3
1993
2.3
3.4
4.8
8.1
69.4
88.0
1994
510
355
209
145
761
1,98
0
1994
2.6
3.6
5.2
7.2
76.1
94.7
1995
522
371
244
156
826
32,
122
19
952.
63.
76.
17.
882
.61.
710
4.5
1996
402
399
300
151
861
62,
119
19
962.
04.
07.
57.
686
.13.
011
0.2
1997
273
419
338
155
865
15
2,
065
19
971.
44.
28.
47.
886
.57.
511
5.8
1998
256
468
360
165
899
16
2,
165
19
981.
34.
79.
08.
389
.98.
212
1.3
1999
251
479
445
176
970
21
2,
342
19
991.
34.
811
.18.
897
.010
.413
3.3
2000
250
494
450
182
1,01
3
18
2,
409
20
001.
34.
911
.39.
110
1.3
9.2
137.
120
0118
2
49
6
48
9
19
1
1,
050
18
2,42
6
2001
0.9
5.0
12.2
9.5
105.
09.
214
1.8
2002
181
475
459
262
1,08
2
18
2,
477
20
020.
94.
711
.513
.110
8.2
9.0
147.
420
0318
1
49
5
52
2
24
0
1,
101
16
2,55
5
2003
0.9
5.0
13.0
12.0
110.
18.
114
9.1
2004
179
533
433
262
1,08
8
13
2,
507
20
040.
95.
310
.813
.110
8.8
6.6
145.
520
0517
8
58
7
49
7
30
0
1,
215
14
2,79
1
2005
0.9
5.9
12.4
15.0
121.
57.
016
2.7
2006
177
612
541
328
1,36
6
13
3,
037
20
060.
96.
113
.516
.413
6.6
6.6
180.
120
0717
7
65
0
61
6
32
3
1,
574
13
3,35
2
2007
0.9
6.5
15.4
16.2
157.
46.
420
2.7
2008
177
683
672
350
1,64
0
12
3,
534
20
080.
96.
816
.817
.516
4.0
6.2
212.
220
0917
7
69
2
63
5
31
7
1,
554
11
3,38
7
2009
0.9
6.9
15.9
15.8
155.
45.
720
0.7
2010
177
704
618
309
1,53
7
11
3,
355
20
100.
97.
015
.515
.515
3.7
5.3
197.
820
1117
6
75
5
63
3
30
2
1,
596
10
3,47
2
2011
0.9
7.5
15.8
15.1
159.
65.
120
4.0
33
TA
BL
E B
3: C
OIN
S IS
SUE
D
Den
omin
atio
ns: n
umbe
r (x
1,00
0)To
tal
valu
eC
ents
Flor
inC
om-
of c
oins
mem
o-is
sued
510
2550
12½
5
rativ
eex
cl. (
8)co
ins
(Afl.
mill
ion)
End
ofpe
riod
(1)
(2)
(3)
(4)
(5)
(7)
(8)
(9)
1986
740
718
756
381
552
51.
1
1987
1,17
91,
070
1,01
049
280
36
1.5
19
881,
722
1,60
31,
260
637
1,19
96
2.2
19
892,
251
2,17
91,
773
811
1,48
46
2.8
19
902,
968
2,83
22,
306
1,04
01,
959
53.
6
1991
3,61
63,
673
2,88
01,
358
2,33
07
4.4
19
924,
281
4,31
13,
266
1,62
72,
546
84.
9
1993
4,91
35,
015
3,72
71,
968
2,90
08
5.7
19
945,
588
5,74
14,
168
2,28
23,
210
86.
4
1995
6,36
86,
486
4,64
32,
576
3,52
828
97.
2
1996
7,12
07,
194
5,10
82,
803
3,68
629
610
9.1
19
977,
781
7,
877
5,
513
2,
949
4,
081
65
512
10
10
.8
19
988,
693
8,
821
6,
074
3,
254
4,
382
67
576
10
11
.9
19
999,
509
9,
822
6,
589
3,
493
4,
759
68
617
11
12
.9
20
0010
,387
10,5
73
6,
929
3,
768
5,
084
69
670
11
13
.8
20
0111
,925
11,5
84
7,
677
4,
047
5,
311
70
690
11
14
.6
20
0212
,494
12,1
09
7,
986
4,
236
5,
626
72
739
11
15
.4
20
0313
,365
12,9
02
8,
411
4,
491
5,
863
72
798
11
16
.3
20
0414
,099
13,6
74
8,
869
4,
653
6,
203
73
820
12
17
.1
20
0514
,949
14,5
32
9,
452
4,
931
6,
592
76
1,29
1
12
20
.3
20
0615
,926
15,2
17
9,
929
5,
180
6,
944
78
1,42
3
12
21
.6
20
0717
,080
16,3
89
10
,681
5,47
6
7,30
6
79 1,
512
12
23.0
2008
18,1
09
17
,678
11,3
50
5,
877
7,
671
81
1,57
2
13
24
.2
20
0919
,080
18,8
25
11
,946
6,18
7
7,90
9
81 1,
587
13
25.0
2010
19,9
57
19
,822
12,5
76
6,
559
8,
269
84
1,63
3
14
26
.0
20
1121
,108
20,9
25
13
,286
6,92
8
8,67
5
91 1,
739
15
27.5
(6
) 29 31 35 55 59 60 6337 40 43 50
34
TA
BL
E B
4: C
OM
ME
RC
IAL
BA
NK
S - S
UM
MA
RY
AC
CO
UN
TT
AB
LE
B5:
CO
MM
ER
CIA
L B
AN
KS
-PR
UD
EN
TIA
L R
AT
IOS
Ass
ets
Tota
lLi
abili
ties
Liqu
idity
Loan
/C
apita
l/as
sets
depo
sit
risk
valu
eC
ash
and
Inve
st-
Loan
sO
ther
=D
epos
itsC
apita
l O
ther
of a
sset
scl
aim
sm
ents
Tota
lan
don
ban
kslia
bilit
ies
rese
rves
End
ofEn
d of
perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)pe
riod
(1)
(2)
(3)
1986
121.
70.
230
3.2
23.7
448.
838
9.9
40.0
18.9
1986
26.6
77.8
8.9
1987
171.
425
.836
4.1
32.2
593.
552
6.8
49.0
17.7
1987
31.3
69.1
8.3
1988
197.
376
.744
6.5
36.0
756.
567
1.3
58.4
26.7
1988
27.7
66.5
7.7
1988
d19
7.3
76.7
484.
640
.479
9.0
674.
750
.274
.119
88 d
27.0
67.4
8.5
1989
238.
250
.257
1.9
45.5
905.
878
4.2
59.2
62.4
1989
29.3
68.8
10.9
1990
321.
529
.465
3.9
54.9
1,05
9.5
918.
571
.269
.819
9033
.267
.510
.819
9141
9.5
39.3
735.
962
.41,
257.
11,
105.
678
.173
.419
9136
.863
.210
.719
9244
0.0
51.1
799.
674
.21,
364.
91,
187.
367
.611
0.1
1992
36.4
61.6
9.0
1993
476.
057
.986
8.1
83.7
1,48
5.6
1,26
7.6
81.0
136.
919
9336
.461
.99.
719
9445
5.2
69.9
1,02
5.0
97.7
1,64
7.8
1,40
2.6
93.3
151.
919
9432
.166
.510
.119
9545
1.5
75.2
1,07
2.0
113.
91,
712.
71,
429.
110
4.2
179.
419
9530
.367
.810
.619
9641
9.5
105.
61,
223.
011
9.8
1,86
8.0
1,54
3.8
112.
821
1.4
1996
24.2
73.2
10.7
1997
458.
290
.01,
286.
612
6.7
1,96
1.4
1,63
8.9
118.
120
4.5
1997
25.3
72.5
11.1
1998
536.
791
.51,
343.
212
3.2
2,09
4.5
1,77
5.1
117.
220
2.3
1998
29.3
69.8
10.6
1999
559.
610
4.0
1,48
5.7
121.
12,
270.
41,
909.
210
1.7
259.
619
9929
.370
.58.
820
0052
3.7
88.4
1,64
4.2
116.
72,
373.
02,
002.
011
1.8
259.
220
0026
.275
.69.
420
0160
8.4
74.9
1,68
8.9
139.
72,
511.
92,
100.
614
7.3
263.
920
0128
.573
.110
.620
0267
5.8
100.
11,
852.
517
9.5
2,80
7.9
2,32
9.2
141.
833
6.9
2002
29.0
71.7
9.3
2003
810.
613
8.1
2,03
8.0
174.
73,
161.
42,
631.
419
7.2
332.
820
0330
.472
.510
.020
0472
6.3
150.
22,
136.
217
5.2
3,18
8.0
2,66
0.4
244.
428
3.1
2004
27.6
75.2
12.1
2005
755.
514
7.6
2,34
3.3
174.
03,
420.
52,
866.
024
6.4
308.
120
0526
.476
.412
.920
0685
8.2
186.
52,
384.
817
2.3
3,60
1.8
2,97
1.3
289.
934
0.6
2006
28.6
75.1
13.5
2007
959.
616
6.8
2,48
7.1
188.
03,
801.
53,
122.
533
2.0
347.
020
0729
.074
.713
.020
081,
347.
411
4.0
2,60
1.3
197.
34,
260.
13,
505.
942
5.9
328.
320
0834
.769
.414
.820
091,
469.
815
4.0
2,59
0.1
179.
84,
393.
73,
595.
346
6.3
332.
120
0930
.167
.117
.920
101,
391.
627
4.7
2,62
9.3
195.
24,
490.
93,
664.
746
3.7
362.
520
1029
.166
.518
.520
111,
217.
231
1.1
2,68
8.7
190.
74,
407.
73,
517.
848
1.2
408.
620
1126
.171
.118
.8
35
TA
BL
E B
6: C
OM
ME
RC
IAL
BA
NK
S - D
ET
AIL
ED
BA
LA
NC
E S
HE
ET
Dom
estic
ass
ets
Not
es a
ndC
entra
l Ban
kIn
vest
men
tsLo
ans a
nd a
dvan
ces
coin
sC
urre
ntTi
me
Gov
ernm
ent
Non
Ente
rpris
esM
ortg
ages
Indi
vidu
als
Gov
ernm
ent
acco
unt
depo
sits
secu
ritie
sgo
vern
men
tse
curit
ies
End
ofpe
riod
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
1986
5.8
15.9
41.2
0.0
0.2
200.
760
.724
.49.
319
877.
112
.551
.515
.20.
823
8.9
64.0
36.3
14.8
1988
8.0
15.4
62.1
12.8
1.0
297.
871
.749
.72.
919
88 d
8.0
15.4
62.1
12.8
1.0
311.
897
.348
.12.
919
8913
.26.
750
.218
.70.
935
1.8
115.
461
.82.
919
9015
.314
.553
.119
.30.
937
8.2
139.
084
.73.
719
9118
.026
.868
.130
.60.
943
3.6
126.
412
4.9
3.7
1992
12.2
34.9
100.
032
.65.
744
5.4
162.
013
3.8
3.6
1993
12.2
32.1
123.
839
.25.
343
5.0
201.
116
4.4
4.0
1994
13.7
37.7
96.0
40.5
4.5
504.
522
2.2
211.
427
.519
9518
.222
.012
6.8
36.6
4.2
520.
927
0.4
214.
65.
019
9624
.512
.611
7.8
57.0
23.7
524.
733
4.0
233.
22.
519
9725
.236
.557
.757
.212
.550
1.8
393.
026
9.2
2.3
1998
28.4
58.1
123.
054
.814
.249
8.0
434.
328
7.9
1.1
1999
24.0
35.7
163.
860
.811
.851
1.9
503.
233
5.6
0.7
2000
29.7
28.0
126.
443
.111
.956
1.3
563.
335
7.3
0.3
2001
30.7
60.4
154.
862
.16.
054
8.2
629.
936
6.7
0.3
2002
35.1
73.6
205.
165
.76.
863
3.4
687.
640
9.3
0.2
2003
40.5
81.2
172.
663
.635
.471
0.9
759.
043
3.7
0.1
2004
32.1
98.5
176.
064
.834
.369
2.3
840.
747
8.0
0.1
2005
39.0
72.1
191.
085
.330
.772
3.0
947.
352
8.3
40.0
2006
44.5
57.7
262.
011
9.4
29.2
734.
21,
042.
353
3.7
0.0
2007
51.0
67.5
257.
512
8.9
28.0
707.
71,
132.
156
4.6
0.2
2008
55.3
147.
646
3.2
83.2
23.2
762.
21,
160.
758
7.7
0.0
2009
51.1
182.
847
4.4
123.
422
.270
2.0
1,21
0.3
576.
50.
020
1048
.620
6.0
558.
224
0.4
27.5
715.
61,
237.
555
9.8
0.0
2011
48.8
132.
043
4.9
277.
024
.475
7.5
1,27
6.6
554.
80.
0
36
TA
BL
E B
6: C
OM
ME
RC
IAL
BA
NK
S - D
ET
AIL
ED
BA
LA
NC
E S
HE
ET
(con
tinue
d)
Dom
estic
ass
ets (
cont
'd)
Tota
lFo
reig
n as
sets
Tota
lTo
tal
dom
estic
fore
ign
asse
tsPr
emis
esSu
bsi-
Acc
ount
sO
ther
asse
tsC
ash
Due
from
Inve
st-
Loan
sO
ther
asse
tsdi
arie
sre
ceiv
able
(net
)ba
nks
men
ts
End
ofpe
riod
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
(21)
1986
19.8
0.5
3.3
0.5
382.
24.
753
.60.
08.
10.
166
.544
8.7
1987
23.9
4.3
3.8
2.9
475.
86.
089
.99.
910
.10.
311
6.2
592.
019
8824
.64.
75.
11.
955
7.6
7.5
98.9
63.0
24.4
1.6
195.
475
3.0
1988
d24
.69.
34.
91.
960
0.1
7.5
98.9
63.0
24.4
1.6
195.
479
5.6
1989
27.8
9.8
4.8
4.1
668.
16.
515
1.5
30.6
40.0
3.1
231.
789
9.8
1990
35.3
9.5
7.4
6.3
767.
310
.821
6.8
9.1
48.3
2.7
287.
71,
055.
019
9137
.68.
212
.59.
990
1.2
10.3
278.
67.
747
.34.
134
7.9
1,24
9.2
1992
39.4
5.5
21.1
8.9
1,00
5.1
9.4
268.
912
.854
.88.
235
4.2
1,35
9.3
1993
46.7
3.9
26.2
1.4
1,09
5.2
11.7
286.
613
.463
.66.
938
2.3
1,47
7.5
1994
50.7
3.8
19.5
1.7
1,23
3.8
8.8
283.
325
.059
.323
.740
0.1
1,63
3.9
1995
56.7
4.1
21.3
34.3
1,33
5.0
11.2
234.
634
.561
.231
.837
3.3
1,70
8.3
1996
59.2
3.9
26.8
-0.8
1,41
9.2
8.7
213.
824
.912
8.6
29.9
405.
91,
825.
119
9764
.14.
821
.026
.91,
472.
28.
228
0.3
20.3
120.
236
.846
5.9
1,93
8.1
1998
54.7
13.8
15.4
-5.0
1,57
8.8
11.0
291.
822
.512
1.9
39.4
486.
42,
065.
219
9954
.314
.317
.010
.31,
743.
211
.628
8.4
31.4
134.
335
.550
1.1
2,24
4.3
2000
58.0
13.5
18.7
1.7
1,81
3.3
13.0
297.
833
.316
0.3
26.4
530.
82,
344.
120
0159
.439
.716
.53.
81,
978.
512
.233
8.3
6.8
142.
624
.152
4.0
2,50
2.5
2002
60.9
46.4
31.1
2.4
2,25
7.7
15.1
326.
227
.612
0.2
41.0
530.
22,
787.
920
0363
.176
.918
.515
.52,
471.
017
.946
6.3
39.2
134.
316
.267
3.8
3,14
4.7
2004
68.7
64.8
18.1
-5.6
2,56
2.8
11.4
387.
451
.112
5.1
23.6
598.
63,
161.
520
0572
.357
.519
.3-6
.12,
799.
714
.841
7.0
31.6
104.
725
.059
3.1
3,39
2.8
2006
78.7
53.0
20.6
-2.9
2,97
2.5
14.6
456.
738
.074
.620
.060
3.8
3,57
6.3
2007
88.8
46.9
24.7
0.8
3,09
8.6
15.6
538.
79.
982
.627
.567
4.5
3,77
3.1
2008
101.
844
.126
.0-1
0.4
3,44
4.6
20.7
618.
67.
690
.825
.476
3.1
4,20
7.7
2009
101.
344
.117
.221
.53,
526.
822
.771
7.2
8.4
101.
417
.186
6.9
4,39
3.7
2010
108.
542
.327
.90.
83,
773.
219
.055
3.3
6.9
116.
316
.571
2.1
4,48
5.2
2011
107.
542
.724
.85.
63,
686.
622
.257
3.7
9.7
99.8
15.6
721.
04,
407.
7
37
TA
BL
E B
6: C
OM
ME
RC
IAL
BA
NK
S - D
ET
AIL
ED
BA
LA
NC
E S
HE
ET
(con
tinue
d)
Dom
estic
liab
ilitie
s
Dem
and
depo
sits
Tim
e de
posi
tsSa
ving
sO
ther
depo
sits
liabi
litie
sIn
divi
dual
sC
ompa
nies
Oth
erG
over
nmen
tIn
divi
dual
sC
ompa
nies
Oth
erD
evel
opm
ent
fin.in
st.
fin.in
st.
fund
s
End
of
perio
d(2
2)(2
3)
(24)
(25)
(26)
(27)
(2
8)(2
9)(3
0)(3
1)
1986
65.
60.
630
.12.
50.
017
7.7
18.9
1987
1.3
14.9
4.5
0.0
192.
117
.419
880.
01.
91.
50.
021
8.9
19.5
1988
d0.
02.
00.
00.
020
1.0
48.7
1989
*18
.515
3.9
20.0
1.2
120.
983
.940
.00.
014
6.8
57.7
1990
23.5
155.
222
.04.
115
1.9
90.0
70.4
0.0
169.
865
.619
9136
.216
9.2
37.3
26.0
145.
911
6.9
108.
70.
019
2.3
69.2
1992
57.1
157.
438
.210
.617
5.6
126.
013
0.6
0.0
236.
610
7.6
1993
49.3
201.
842
.020
.917
4.3
122.
012
9.1
0.0
260.
813
1.6
1994
56.5
254.
339
.337
.917
6.7
119.
614
6.4
0.0
313.
014
9.8
1995
56.6
242.
037
.029
.118
3.2
100.
018
7.8
0.0
326.
017
5.3
1996
58.1
248.
937
.018
.917
4.4
123.
020
6.5
0.0
349.
718
0.4
1997
47.9
261.
356
.715
.918
2.4
134.
220
0.3
0.0
366.
617
4.4
1998
84.4
297.
452
.011
.319
6.7
184.
322
8.0
0.0
382.
517
8.2
1999
90.9
321.
846
.97.
921
2.2
247.
625
5.7
0.0
391.
623
4.3
2000
99.5
312.
858
.99.
022
8.8
258.
124
2.0
0.0
404.
623
5.4
2001
107.
138
5.4
60.9
6.3
235.
522
9.7
263.
00.
041
0.7
256.
120
0212
1.8
467.
811
6.0
8.1
263.
325
6.3
251.
423
.141
7.3
286.
420
0314
4.5
510.
515
0.0
10.8
270.
333
5.6
174.
048
.749
6.4
232.
520
0413
2.8
592.
810
1.0
6.2
229.
831
9.1
218.
659
.054
6.3
232.
320
0514
8.2
606.
953
.324
.422
1.2
368.
121
8.4
117.
964
8.4
246.
120
0616
5.2
635.
175
.226
.919
5.4
341.
521
8.5
133.
968
0.8
266.
720
0715
3.4
770.
347
.819
.618
7.6
291.
121
3.1
113.
772
6.6
280.
520
0816
9.2
949.
793
.26.
120
8.9
292.
032
9.1
107.
376
2.7
286.
820
0917
0.6
1,07
3.4
122.
25.
419
4.8
296.
929
9.5
91.6
830.
230
7.4
2010
203.
186
7.6
126.
647
.718
3.2
351.
835
8.8
151.
388
7.0
316.
720
1122
2.0
1,01
7.4
132.
228
.714
5.7
326.
421
6.0
96.2
915.
133
2.0
* D
ue to
a re
visi
on in
the
repo
rting
syst
em o
f one
of t
he c
omm
erci
al b
anks
, the
re w
as a
shift
from
savi
ngs t
o tim
e de
posi
ts.
119.
313
6.7
145.
7
35.
4 7
8.4
100.
213
0.1
38
TA
BL
E B
6: C
OM
ME
RC
IAL
BA
NK
S - D
ET
AIL
ED
BA
LA
NC
E S
HE
ET
(con
tinue
d)
Dom
estic
liab
ilitie
s (co
nt'd
)To
tal
Fore
ign
liabi
litie
sTo
tal
Tota
ldo
mes
ticfo
reig
nlia
bilit
ies
Cap
ital b
ase
liabi
litie
sD
eman
d de
posi
tsTi
me
depo
sits
Savi
ngs
Cap
ital a
ndO
ther
liabi
litie
sde
posi
tsre
serv
esC
apita
l and
Subo
rdin
ated
Ban
ksN
on-
Ban
ksN
on-
and
sub-
rese
rves
debt
bank
sba
nks
ordi
nate
dde
bt
End
ofpe
riod
(32)
(33)
(34)
(35)
(36)
(37)
(38)
(39)
(40)
(41)
(42)
(43)
1986
34.7
2.8
368.
36.
611
.928
.45.
825
.22.
50.
080
.444
8.7
1987
44.9
3.6
476.
35.
517
.125
.439
.327
.50.
60.
311
5.7
592.
019
8850
.27.
853
6.8
12.1
22.6
38.9
105.
129
.90.
37.
321
6.2
753.
019
88 d
42.1
7.8
577.
49.
822
.423
.410
6.3
30.6
0.3
25.4
218.
279
5.6
1989
45.0
7.8
695.
812
.227
.528
.211
1.5
13.6
6.3
4.7
204.
089
9.8
1990
53.3
9.0
814.
816
.139
.025
.213
0.9
16.0
8.9
4.2
240.
21,
055.
019
9164
.19.
097
4.8
4.6
54.5
36.9
146.
322
.85.
04.
327
4.4
1,24
9.2
1992
55.4
8.8
1,10
3.9
33.4
50.8
5.8
127.
432
.13.
42.
525
5.4
1,35
9.3
1993
55.5
1.7
1,18
9.0
42.0
54.2
14.8
121.
929
.723
.82.
028
8.5
1,47
7.5
1994
69.1
1.2
1,36
3.8
21.8
61.8
11.9
113.
536
.123
.02.
127
0.1
1,63
3.9
1995
73.1
6.9
1,41
7.0
17.7
59.0
35.4
115.
235
.724
.24.
129
1.3
1,70
8.3
1996
94.8
9.6
1,50
1.3
34.7
46.4
58.2
129.
937
.58.
48.
732
3.8
1,82
5.1
1997
101.
97.
81,
549.
423
.256
.231
.920
1.7
37.2
8.4
30.1
388.
71,
938.
119
9897
.511
.31,
723.
735
.354
.153
.513
0.7
35.4
8.4
24.1
341.
52,
065.
219
9982
.011
.31,
902.
218
.449
.357
.614
5.8
37.5
8.4
25.2
342.
22,
244.
320
0089
.513
.81,
952.
428
.971
.968
.115
0.9
41.6
8.4
22.0
391.
82,
344.
120
0113
0.2
14.1
2,09
9.0
23.2
65.3
61.4
201.
842
.03.
06.
740
3.5
2,50
2.5
2002
124.
69.
12,
345.
315
.367
.957
.419
2.0
53.4
8.0
48.7
442.
62,
787.
920
0318
3.6
5.6
2,56
2.4
37.1
96.9
74.8
201.
763
.68.
010
0.3
582.
33,
144.
720
0423
0.8
2.5
2,67
1.4
20.1
128.
165
.814
5.0
69.2
11.1
50.8
490.
13,
161.
520
0523
2.7
2.5
2,88
8.1
17.0
124.
783
.713
5.5
70.6
11.1
62.0
504.
73,
392.
820
0626
6.3
12.5
3,01
8.1
12.7
136.
710
6.7
146.
270
.911
.173
.955
8.2
3,57
6.3
2007
313.
412
.53,
129.
811
.613
6.5
133.
621
8.2
70.8
6.1
66.5
643.
33,
773.
120
0840
7.3
12.5
3,62
4.8
34.4
181.
230
.920
6.4
82.2
6.1
41.6
582.
94,
207.
720
0944
7.7
12.5
3,85
2.1
29.5
218.
641
.713
5.3
85.6
6.1
24.7
541.
64,
393.
720
1044
5.1
12.5
3,95
1.4
22.3
200.
959
.011
2.2
87.4
6.1
45.8
533.
84,
485.
220
1146
2.6
12.5
3,90
6.7
12.7
173.
820
.012
6.6
85.2
6.1
76.6
501.
04,
407.
7
39
TA
BL
E B
7: L
OA
NS
TO
DO
ME
STIC
SE
CT
OR
S B
Y K
IND
OF
EC
ON
OM
IC A
CT
IVIT
Y
End
of p
erio
d19
9819
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
Agr
icul
ture
, hun
ting,
fore
stry
and
fish
ing
4.9
5.7
5.8
5.9
5.5
4.9
0.3
0.3
0.1
8.6
6.2
5.4
5.6
4.8
Min
ing
and
man
ufac
turin
g20
.322
.017
.618
.624
.029
.437
.79.
115
.217
.031
.027
.526
.426
.4
Elec
trici
ty, g
as a
nd w
ater
supp
ly21
.628
.636
.329
.034
.938
.831
.529
.728
.319
.839
.131
.931
.565
.2
Con
stru
ctio
n22
.424
.520
.619
.320
.817
.531
.352
.246
.344
.640
.943
.638
.037
.0
Who
lesa
le a
nd re
tail
trade
; rep
air o
f mot
or v
ehic
les,
mot
orcy
cles
and
per
sona
l and
hou
seho
ld g
oods
219.
324
2.7
289.
332
8.7
385.
738
8.1
388.
641
4.8
470.
449
6.1
535.
047
9.3
510.
650
7.8
Hot
els a
nd re
stau
rant
s87
.584
.174
.766
.076
.110
1.5
98.4
87.9
67.5
70.2
85.8
92.2
90.2
73.3
Tran
spor
t, st
orag
e an
d co
mm
unic
atio
ns25
.352
.245
.532
.130
.147
.246
.979
.157
.031
.331
.825
.934
.138
.7
Fina
ncia
l int
erm
edia
tion
51.0
44.8
63.1
37.3
30.3
121.
611
1.2
89.4
114.
114
8.1
112.
310
3.2
116.
012
1.4
Rea
l est
ate,
rent
ing
and
busi
ness
act
iviti
es95
.410
1.0
113.
512
9.5
128.
010
4.9
129.
912
3.0
136.
116
6.8
188.
418
3.4
191.
320
5.4
Oth
er e
nter
pris
es88
.664
.363
.673
.610
0.7
72.3
76.7
80.9
94.4
51.6
59.1
43.6
43.8
47.9
Tot
al lo
ans t
o en
terp
rise
s63
6.3
670.
073
0.0
739.
983
6.2
926.
295
2.4
966.
51,
029.
31,
054.
21,
129.
51,
036.
01,
087.
51,
127.
8
Gov
ernm
ent
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
Indi
vidu
als
604.
970
5.2
776.
282
9.9
919.
41,
006.
41,
090.
11,
266.
21,
313.
01,
382.
61,
412.
91,
319.
31,
452.
41,
488.
7
Tot
al lo
ans
1,24
2.2
1,37
5.9
1,50
6.5
1,57
0.1
1,75
5.9
1,93
2.7
2,04
2.6
2,27
2.7
2,34
2.3
2,43
7.0
2,54
2.4
2,35
5.3
2,53
9.9
2,61
6.5
40
TA
BL
E B
8: M
ON
ET
AR
Y S
UR
VE
Y
End
of p
erio
d19
8619
8719
8819
88 d
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
I. N
et d
omes
tic a
sset
s18
7.8
297.
037
4.5
396.
045
9.5
530.
759
2.0
637.
664
7.4
748.
878
3.0
869.
896
3.5
980.
9
A) D
omes
tic c
redi
t23
6.2
354.
344
4.0
486.
756
2.7
635.
169
3.1
761.
178
1.3
915.
495
6.9
1,08
2.5
1,17
5.9
1,24
4.1
1) N
et c
laim
s on
publ
ic se
ctor
-50.
310
.019
.119
.222
.922
.8-1
.07.
1-3
0.4
-34.
1-6
0.6
-41.
5-9
.7-8
.9a)
Gro
ss c
laim
s10
.536
.437
.237
.237
.839
.440
.941
.449
.075
.568
.470
.074
.567
.9b)
Gov
ernm
ent's
dep
osits
-43.
3-2
2.8
-10.
3-1
0.3
-4.6
-11.
1-2
9.8
-17.
1-6
6.8
-101
.6-1
20.3
-108
.9-7
4.4
-67.
0c)
Dev
elop
men
t fun
ds-1
7.5
-3.7
-7.7
-7.7
-10.
3-5
.5-1
2.0
-17.
2-1
2.7
-8.0
-8.7
-2.6
-9.8
-9.8
2) C
laim
s on
priv
ate
sect
or28
6.5
344.
342
4.9
467.
553
9.8
612.
369
4.1
754.
081
1.7
949.
51,
017.
51,
124.
01,
185.
51,
253.
0a)
Ent
erpr
ises
364.
341
9.9
464.
449
2.8
517.
851
4.8
577.
060
8.8
620.
063
5.8
636.
3b)
Indi
vidu
als
93.0
109.
113
7.4
192.
122
5.0
287.
736
4.1
400.
547
6.4
532.
458
8.7
1) C
onsu
mer
cre
dit
48.1
61.8
84.7
124.
913
3.8
164.
421
1.4
214.
623
3.2
269.
228
7.9
2) H
ousi
ng m
orta
gegs
44.9
47.3
52.7
67.2
91.2
123.
315
2.7
185.
924
3.1
263.
230
0.8
c) O
ther
10.3
10.7
10.4
9.2
11.2
9.2
8.3
8.3
27.7
17.3
28.0
B) O
ther
item
s, ne
t-4
8.4
-57.
3-6
9.5
-90.
6-1
03.2
-104
.3-1
01.0
-123
.5-1
33.8
-166
.5-1
73.9
-212
.7-2
12.4
-263
.2
II. N
et fo
reig
n as
sets
127.
915
0.9
151.
614
9.6
189.
723
0.4
297.
436
3.1
417.
244
9.8
478.
343
1.3
397.
355
7.9
A) C
entra
le B
ank
van
Aru
ba14
1.8
150.
417
2.4
172.
416
2.0
182.
922
3.8
264.
232
3.4
319.
839
6.3
349.
232
0.1
413.
0B
) Com
mer
cial
ban
ks-1
3.9
0.5
-20.
8-2
2.7
27.7
47.6
73.5
98.9
93.8
130.
082
.082
.177
.214
4.9
III.
Bro
ad m
oney
315.
744
7.9
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) Mon
ey10
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618
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190.
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) Qua
si-m
oney
215.
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575.
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41
TA
BL
E B
8: M
ON
ET
AR
Y S
UR
VE
Y(c
ontin
ued)
End
of p
erio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
I. N
et d
omes
tic a
sset
s1,
121.
91,
207.
91,
180.
51,
334.
61,
576.
31,
627.
61,
829.
01,
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71,
849.
81,
721.
41,
688.
41,
845.
31,
872.
4
A) D
omes
tic c
redi
t1,
394.
61,
512.
11,
543.
91,
702.
91,
921.
42,
038.
52,
256.
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92,
399.
92,
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584.
0
1) N
et c
laim
s on
publ
ic se
ctor
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7-6
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-42.
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49.7
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6.7
a) G
ross
cla
ims
75.9
65.8
77.6
81.4
84.2
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150.
714
1.1
152.
110
7.5
148.
526
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304.
5b)
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ernm
ent's
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sum
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t33
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2) H
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350.
440
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Oth
er26
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B) O
ther
item
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t-2
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II. N
et fo
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n as
sets
577.
253
0.4
660.
169
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11,
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31,
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) Cen
trale
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k va
n A
ruba
418.
239
1.4
539.
561
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) Com
mer
cial
ban
ks15
8.9
139.
012
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91.4
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220.
1
III.
Bro
ad m
oney
1,69
9.1
1,73
8.3
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3.6
2,21
4.1
2,28
5.3
2,42
6.8
2,48
4.4
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A) M
oney
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701.
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) Qua
si-m
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8.7
1,14
2.0
1,13
9.6
1,18
9.1
1,28
0.9
1,32
4.5
1,46
1.9
1,43
7.0
1,41
9.3
1,59
3.6
1,62
2.2
1,78
1.6
1,60
3.9
42
TA
BL
E B
9: C
OM
PON
EN
TS
OF
BR
OA
D M
ON
EY
Cur
renc
yD
eman
d de
posi
ts
Mon
eyO
ther
dep
osits
Trea
-Q
uasi
-B
road
sury
mon
eym
oney
Is
sued
At
Out
side
A
fl.Fo
reig
nTo
tal
Savi
ngs
Tim
eTo
tal
bills
bank
sba
nks
curr
ency
Afl.
Fore
ign
Afl.
Fore
ign
curr
ency
curr
ency
End
of(3
=(6
=(7
=(1
2=(1
4=(1
5=pe
riod
(1)
(2)
1-2)
(4)
(5)
4+5)
3+6)
(8)
(9)
(10)
(11)
(13)
12+
13)
7+14
)
1986
37.9
5.8
32.0
57.5
10.7
68.1
100.
221
5.5
0.
021
5.5
315.
7
1987
41.6
7.1
34.6
104.
218
.812
3.0
157.
628
5.5
4.
829
0.3
447.
9
1988
49.1
8.0
41.1
108.
731
.414
0.1
181.
232
5.7
19
.234
4.9
526.
1
1988
d49
.18.
041
.111
6.9
32.2
149.
119
0.1
336.
3
19.2
355.
554
5.6
19
8961
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4.9
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195.
024
3.4
392.
5
13.3
405.
864
9.1
19
9074
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0.2
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204.
926
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34.
527
9.0
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484.
4
12.7
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176
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19
9184
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40.5
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831
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834
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4
2.0
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19
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55.3
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46.
241
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669.
3
0.0
669.
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19
9393
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237
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255.
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039
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7
0.0
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6
19
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274.
479
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3.9
441.
530
7.0
6.0
403.
839
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1.
075
7.2
1,19
8.7
1995
111.
918
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0.3
71.4
341.
743
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318.
97.
145
9.4
21.0
806.
4
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3
19
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24.5
94.9
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0.1
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034
2.2
7.5
483.
721
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4.8
1.
285
6.1
1,30
1.1
1997
126.
825
.210
1.6
311.
859
.837
1.6
473.
135
8.3
8.3
488.
029
.188
3.7
4.
088
7.7
1,36
0.8
1998
133.
328
.410
4.9
378.
263
.944
2.1
547.
037
3.2
9.4
567.
741
.699
1.8
0.
099
1.8
1,53
8.8
1999
146.
324
.012
2.4
398.
070
.146
8.1
590.
438
1.2
10.4
627.
088
.61,
107.
2
1.
51,
108.
71,
699.
1
20
0015
1.0
29.7
121.
340
6.3
68.7
474.
959
6.3
395.
09.
662
6.6
102.
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133.
6
8.
41,
142.
01,
738.
3
20
0115
6.6
30.7
125.
948
1.1
94.0
575.
170
1.0
399.
711
.067
6.3
52.1
1,13
9.1
0.5
1,13
9.6
1,84
0.6
2002
163.
035
.112
7.8
612.
510
4.2
716.
784
4.5
406.
011
.370
9.9
61.9
1,18
9.1
0.0
1,18
9.1
2,03
3.6
2003
165.
640
.512
5.1
710.
597
.680
8.1
933.
248
4.1
12.3
732.
148
.41,
276.
9
4.
01,
280.
92,
214.
1
20
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2.7
32.1
130.
770
9.9
120.
383
0.2
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853
2.7
13.6
729.
039
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314.
5
10
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324.
52,
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3
20
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3.1
39.0
144.
167
3.4
147.
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0.8
965.
063
4.1
14.3
764.
044
.51,
456.
9
5.
01,
461.
92,
426.
8
20
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1.9
44.5
157.
479
0.8
99.2
890.
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047.
466
5.2
15.6
713.
043
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437.
0
0.
01,
437.
02,
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4
20
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5.7
51.0
174.
884
9.5
122.
997
2.3
1,14
7.1
721.
15.
567
3.2
19.4
1,41
9.3
0.0
1,41
9.3
2,56
6.4
2008
236.
555
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1.2
1,08
1.9
133.
61,
215.
61,
396.
875
6.8
5.9
822.
97.
91,
593.
6
0.
01,
593.
62,
990.
3
20
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5.7
51.1
174.
61,
224.
314
2.4
1,36
6.7
1,54
1.3
823.
56.
778
5.0
7.0
1,62
2.2
0.0
1,62
2.2
3,16
3.5
2010
223.
848
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5.2
1,05
9.7
138.
11,
197.
71,
373.
088
0.5
6.6
890.
54.
11,
781.
6
0.
01,
781.
63,
154.
6
20
1123
1.5
48.8
182.
81,
211.
616
0.4
1,37
2.0
1,55
4.7
908.
46.
768
4.7
4.1
1,60
3.9
0.0
1,60
3.9
3,15
8.6
245.
7
8+9+
10+
11)
177.
719
2.1
218.
920
1.0
146.
8
37.8
93.4
106.
813
5.3
43
TA
BL
E B
10: C
AU
SES
OF
CH
AN
GE
S IN
BR
OA
D M
ON
EY
Dur
ing
perio
d19
8619
8719
8819
8919
9019
9119
9219
9319
9419
9519
9619
9719
98
I. N
et d
omes
tic m
oney
cre
atio
n-5
7.3
109.
277
.563
.571
.261
.345
.59.
910
1.4
34.2
86.8
93.7
17.4
A) D
omes
tic c
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t-3
4.8
118.
189
.776
.072
.458
.068
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.213
4.1
41.5
125.
693
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.2
1) N
et c
laim
s on
publ
ic se
ctor
-30.
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13.
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6.6
19.1
31.8
0.8
a) G
ross
cla
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2.9
25.9
0.8
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1.6
1.5
0.5
7.7
26.5
-7.1
1.6
4.5
-6.6
b) G
over
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t's d
epos
its-1
6.3
20.5
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712
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c) D
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.4a)
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b) In
divi
dual
s16
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B) O
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II. I
nflo
w o
f for
eign
fund
s91
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740
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016
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III.
Bro
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oney
34
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17.8
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2) Q
uasi
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4.2
44
TA
BL
E B
10: C
AU
SES
OF
CH
AN
GE
S IN
BR
OA
D M
ON
EY
(con
tinue
d)
Dur
ing
perio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
I. N
et d
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tic m
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cre
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n14
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415
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241.
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927
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tic c
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117.
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161.
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ss c
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641
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7.9
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b) G
over
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laim
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or12
9.2
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199.
295
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a) E
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996
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b) In
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dual
s97
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.981
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3.3
48.5
69.1
30.8
14.4
30.8
35.6
1) C
onsu
mer
cre
dit
47.7
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9.4
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-11.
1-1
6.6
-4.8
2) H
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ng m
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49.7
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44.2
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58.5
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123.
143
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.37.
825
.547
.540
.4c)
Oth
er-1
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.210
.025
.4-1
1.6
7.5
-9.5
-7.3
-7.5
-1.1
3.5
-2.6
B) O
ther
item
s, ne
t-9
.5-3
1.6
-59.
1-5
.023
.2-6
5.8
-16.
2-5
2.0
-70.
9-8
1.0
-49.
6-4
.8-2
6.2
II. I
nflo
w o
f for
eign
fund
s19
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6.8
129.
739
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1.2
19.9
-59.
855
.863
.055
2.3
206.
2-1
65.8
-23.
1
III.
Bro
ad m
oney
16
0.3
39.2
102.
319
3.0
180.
571
.114
1.6
57.5
82.0
423.
917
3.2
-8.9
4.0
1) M
oney
43.4
5.8
104.
714
3.5
88.7
27.6
4.1
82.4
99.7
249.
614
4.6
-168
.418
1.8
2) Q
uasi
-mon
ey11
6.9
33.3
-2.4
49.5
91.8
43.5
137.
4-2
4.9
-17.
717
4.3
28.6
159.
4-1
77.8
45
TA
BL
E B
11:
FOR
EIG
N A
SSE
TS
Cen
trale
Ban
k va
n A
ruba
Com
mer
cial
ban
ksTo
tal
Rev
alua
tion
Tota
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road
Impo
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tage
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sex
cl. (
9)m
oney
of g
oods
acco
unt
Gol
dO
ther
Li
abi-
Net
Ass
ets
Liab
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et(e
xcl.
oil)
paym
ents
Bro
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Cur
rent
asse
tslit
ies
litie
sdu
ring
a(e
xcl.
oil)
mon
eyco
vera
geac
coun
t12
-mon
thdu
ring
aco
vera
gepa
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tspe
riod
12-m
onth
cove
rage
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d
End
of(4
=(7
=(8
=(1
0=(1
4=(1
5=(1
6=pe
riod
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)(6
)5-
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7)(9
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9)(1
1)(1
2)(1
3)10
:11)
8:12
)8:
13)
1986
10.0
132.
10.
314
1.8
66.5
80.4
-13.
912
7.9
0.0
127.
931
5.7
40.5
1987
10.0
140.
90.
515
0.4
116.
211
5.7
0.5
150.
90.
015
0.9
447.
933
.719
8810
.016
3.3
0.9
172.
419
5.4
216.
2-2
0.8
151.
60.
015
1.6
526.
128
.819
88 d
10.0
163.
30.
917
2.4
195.
421
8.2
-22.
814
9.6
0.0
149.
654
5.6
27.4
1989
47.4
154.
72.
519
9.6
231.
620
3.9
27.7
227.
337
.618
9.7
649.
129
.219
9047
.417
5.4
2.5
220.
328
7.6
240.
147
.526
7.8
37.4
230.
476
1.2
30.3
1991
47.4
214.
10.
126
1.3
347.
927
4.4
73.5
334.
937
.529
7.4
889.
433
.419
9245
.925
4.4
1.0
299.
335
4.2
255.
498
.939
8.1
35.0
363.
11,
000.
636
.319
9345
.932
4.3
12.5
357.
738
2.3
288.
593
.845
1.5
34.3
417.
21,
064.
639
.219
9445
.931
7.9
13.7
350.
140
0.1
270.
113
0.0
480.
130
.344
9.8
1,19
8.7
37.5
1995
47.1
387.
81.
143
3.8
373.
329
1.3
82.0
515.
937
.647
8.3
1,26
1.3
37.9
1996
50.1
335.
81.
138
4.8
405.
932
3.8
82.1
466.
935
.643
1.3
1,30
1.1
33.1
1997
50.1
312.
12.
535
9.8
465.
938
8.7
77.2
437.
039
.739
7.3
1,36
0.8
29.2
1998
41.0
402.
51.
744
1.8
486.
434
1.5
144.
958
6.7
28.8
557.
91,
538.
836
.319
9941
.039
9.3
0.1
440.
250
1.1
342.
215
8.9
599.
122
.057
7.2
1,69
9.1
1,35
9.1
2,29
6.7
34.0
44.1
26.1
2000
41.0
381.
22.
341
9.8
530.
839
1.8
139.
055
8.9
28.5
530.
41,
738.
31,
293.
62,
254.
830
.543
.224
.820
0155
.052
5.7
2.6
578.
252
4.0
403.
512
0.5
698.
738
.766
0.1
1,84
0.6
1,26
3.5
2,20
2.9
35.9
55.3
31.7
2002
68.2
608.
18.
566
7.9
530.
244
2.6
87.6
755.
556
.569
9.0
2,03
3.6
1,25
9.1
2,40
6.6
34.4
60.0
31.4
2003
83.1
528.
42.
660
8.9
673.
858
2.3
91.4
700.
362
.563
7.9
2,21
4.1
1,35
6.4
2,49
0.8
28.8
51.6
28.1
2004
87.1
528.
81.
561
4.4
598.
649
0.1
108.
572
2.9
65.2
657.
72,
285.
31,
477.
72,
737.
328
.848
.926
.420
0510
2.0
489.
63.
058
8.6
593.
150
4.7
88.4
677.
179
.259
7.9
2,42
6.8
1,59
4.2
2,96
3.2
24.6
42.5
22.8
2006
126.
460
4.7
17.2
713.
960
3.8
558.
245
.675
9.5
105.
965
3.6
2,48
4.4
1,69
0.5
3,28
4.4
26.3
44.9
23.1
2007
166.
466
6.1
4.4
828.
067
4.5
643.
331
.285
9.2
142.
671
6.6
2,56
6.4
1,67
8.0
3,25
2.1
27.9
51.2
26.4
2008
172.
01,
082.
87.
51,
247.
376
3.1
582.
918
0.2
1,42
7.5
158.
61,
268.
92,
990.
31,
809.
73,
441.
142
.478
.941
.520
0921
9.9
1,03
5.0
3.1
1,25
1.8
866.
954
1.6
325.
21,
577.
010
1.9
1,47
5.1
3,16
3.5
1,65
0.1
3,12
1.5
46.6
95.6
50.5
2010
280.
91,
015.
81.
21,
295.
671
2.1
533.
817
8.3
1,47
3.9
164.
61,
309.
33,
154.
61,
584.
73,
109.
541
.593
.047
.420
1131
3.7
960.
70.
81,
273.
572
1.0
501.
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1,49
3.6
207.
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286.
23,
158.
71,
916.
83,
777.
840
.777
.939
.5
46
TA
BL
E B
12: M
ON
EY
-CR
EA
TIN
G IN
STIT
UT
ION
S - C
ON
SOL
IDA
TE
D B
AL
AN
CE
SH
EE
T
End
of p
erio
d19
9019
9119
9219
9319
9419
9519
9619
9719
9819
9920
00
ASS
ET
S
1. C
laim
s on
mon
ey-c
reat
ing
inst
itutio
ns11
3.2
160.
719
3.6
209.
619
4.0
218.
222
7.8
197.
626
5.9
298.
224
1.9
a) M
onet
ary
auth
oriti
es10
2.3
142.
917
9.1
200.
117
8.4
179.
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5.7
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1.6
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3.2
b) C
omm
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anks
10.9
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14.5
9.5
15.6
38.7
42.0
50.2
24.3
36.3
28.8
2. C
laim
s on
the
publ
ic se
ctor
39.4
40.9
41.4
49.0
75.5
68.4
70.0
74.5
67.9
75.9
65.8
a) S
hort-
term
39.4
40.3
40.7
41.8
66.0
46.8
43.7
48.2
45.1
65.2
56.1
b) L
ong-
term
0.0
0.6
0.6
7.2
9.5
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22.8
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3. C
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priv
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612.
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Ent
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464.
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517.
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5.8
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Con
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d) O
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9.5
8.2
5.5
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828.
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9.9
941.
495
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a) G
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47.4
47.4
45.9
45.9
45.9
47.1
50.1
50.1
41.0
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b) S
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term
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6. T
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1,96
9.4
2,09
8.5
2,22
0.8
2,28
2.4
2,49
0.7
2,63
7.3
2,72
9.8
47
TA
BL
E B
12: M
ON
EY
-CR
EA
TIN
G IN
STIT
UT
ION
S - C
ON
SOL
IDA
TE
D B
AL
AN
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SH
EE
T(c
ontin
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End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
ASS
ET
S
1. C
laim
s on
mon
ey-c
reat
ing
inst
itutio
ns33
3.0
407.
442
9.1
422.
640
5.5
477.
149
5.4
790.
282
0.1
901.
573
6.5
a) M
onet
ary
auth
oriti
es29
3.4
361.
935
8.3
364.
634
5.1
412.
342
3.9
706.
175
6.3
852.
868
8.7
b) C
omm
erci
al b
anks
39.5
45.5
70.7
58.0
60.4
64.8
71.5
84.2
63.7
48.7
47.8
2. C
laim
s on
the
publ
ic se
ctor
77.6
81.4
84.2
92.1
150.
714
1.1
152.
110
7.5
148.
526
6.4
304.
5a)
Sho
rt-te
rm64
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.365
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69.8
71.5
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5b)
Lon
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1.8
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3. C
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s on
the
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1,56
9.6
1,76
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1,96
4.0
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9.8
2,25
4.7
2,35
6.5
2,44
3.2
2,54
1.8
2,51
8.7
2,54
7.4
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0.7
a) E
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9.9
836.
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6.2
952.
496
6.5
1,02
9.3
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9.5
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7.8
b) In
divi
dual
s81
1.5
900.
398
4.2
1,06
5.4
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8.7
1,28
7.2
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7.9
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c) C
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475.
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7.8
3,76
1.7
3,95
0.7
4,27
0.9
4,57
1.0
5,43
3.4
5,56
9.3
5,68
2.7
5,61
6.9
48
TA
BL
E B
12: M
ON
EY
-CR
EA
TIN
G IN
STIT
UT
ION
S - C
ON
SOL
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TE
D B
AL
AN
CE
SH
EE
T(c
ontin
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End
of p
erio
d19
9019
9119
9219
9319
9419
9519
9619
9719
9819
9920
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LIA
BIL
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S
7. B
road
mon
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261.
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538.
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738.
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4.1
314.
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1.3
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1.5
435.
444
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7.0
590.
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6.3
b) Q
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7.0
575.
466
9.3
686.
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7.2
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985
6.1
887.
799
1.8
1,10
8.7
1,14
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8. M
oney
-cre
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g in
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tions
110.
814
7.7
184.
020
1.0
186.
618
3.2
185.
217
0.3
266.
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1.6
229.
8a)
Mon
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thor
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106.
213
9.8
178.
419
6.3
172.
617
8.8
164.
714
7.0
236.
724
5.6
202.
7b)
Com
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420
.523
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.326
.027
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9. P
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sect
or d
epos
its16
.641
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9.6
129.
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1.5
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76.8
63.6
66.9
a) G
over
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t11
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1.6
120.
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8.9
74.4
67.0
54.2
44.3
b) D
evel
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unds
5.5
12.0
17.2
12.7
8.0
8.7
2.6
9.8
9.8
9.4
22.6
10. L
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term
liab
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s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0a)
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0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
b) P
rivat
e se
ctor
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11. S
ubor
dina
ted
debt
9.0
9.0
8.8
1.7
1.2
6.9
9.6
7.8
11.3
11.3
13.8
12. C
apita
l and
rese
rves
75.3
88.1
80.2
81.5
94.9
101.
912
9.7
138.
414
0.4
125.
914
1.7
13. F
orei
gn li
abili
ties
242.
727
4.5
256.
430
0.9
283.
729
2.4
324.
939
1.1
343.
234
2.3
394.
1a)
Sho
rt-te
rm22
9.5
262.
424
5.6
273.
925
7.3
265.
631
3.2
358.
430
7.8
310.
536
7.8
b) L
ong-
term
13.2
12.1
10.8
27.0
26.4
26.8
11.7
32.7
35.4
31.8
26.2
14. R
eval
uatio
n di
ffer
ence
s37
.437
.535
.034
.330
.337
.635
.639
.728
.822
.028
.5
15. O
ther
dom
estic
liab
ilitie
s37
.436
.643
.857
.064
.586
.112
3.2
90.2
85.3
101.
511
6.9
16. T
otal
liab
ilitie
s1,
290.
31,
524.
71,
643.
11,
820.
51,
969.
42,
098.
52,
220.
82,
282.
42,
490.
72,
637.
32,
729.
8
49
TA
BL
E B
12: M
ON
EY
-CR
EA
TIN
G IN
STIT
UT
ION
S - C
ON
SOL
IDA
TE
D B
AL
AN
CE
SH
EE
T(c
ontin
ued)
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
LIA
BIL
ITIE
S
7. B
road
mon
ey1,
840.
62,
033.
62,
214.
12,
285.
32,
426.
82,
484.
42,
566.
42,
990.
33,
163.
53,
154.
63,
158.
6a)
Mon
ey70
1.0
844.
593
3.2
960.
896
5.0
1,04
7.4
1,14
7.1
1,39
6.8
1,54
1.3
1,37
3.0
1,55
4.7
b) Q
uasi
-mon
ey1,
139.
61,
189.
11,
280.
91,
324.
51,
461.
91,
437.
01,
419.
31,
593.
61,
622.
21,
781.
61,
603.
9
8. M
oney
-cre
atin
g in
stitu
tions
303.
837
6.5
356.
137
5.0
364.
242
6.4
461.
375
4.6
768.
185
8.2
688.
7a)
Mon
etar
y au
thor
ities
295.
535
8.3
339.
534
8.5
336.
540
0.8
432.
870
2.2
768.
185
2.6
688.
7b)
Com
mer
cial
ban
ks8.
218
.216
.726
.527
.725
.528
.552
.40.
05.
60.
0
9. P
ublic
sect
or d
epos
its10
3.3
143.
412
6.8
113.
514
9.3
187.
819
5.5
296.
929
8.1
283.
134
1.2
a) G
over
nmen
t72
.072
.447
.612
.731
.251
.540
.010
5.0
101.
612
4.0
212.
2b)
Dev
elop
men
t fun
ds31
.371
.079
.210
0.7
118.
113
6.3
155.
419
1.8
196.
515
9.1
129.
0
10. L
ong-
term
liab
ilitie
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0a)
Gov
ernm
ent
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
b) P
rivat
e se
ctor
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
11. S
ubor
dina
ted
debt
14.1
9.1
5.6
2.5
2.5
12.5
12.5
12.5
12.5
12.5
12.5
12. C
apita
l and
rese
rves
194.
519
3.0
261.
830
9.0
310.
934
4.5
391.
648
1.2
530.
652
8.0
548.
9
13. F
orei
gn li
abili
ties
406.
145
1.0
584.
949
1.6
507.
657
5.4
647.
759
0.4
544.
853
5.0
501.
8a)
Sho
rt-te
rm35
6.8
380.
451
6.3
437.
646
2.2
547.
360
8.3
534.
848
7.5
488.
545
3.0
b) L
ong-
term
49.3
70.6
68.6
54.0
45.4
28.1
39.4
55.6
57.3
46.5
48.8
14. R
eval
uatio
n di
ffer
ence
s38
.756
.562
.565
.279
.210
5.9
142.
615
8.6
101.
916
4.6
207.
4
15. O
ther
dom
estic
liab
ilitie
s11
9.0
131.
612
5.9
119.
511
0.2
134.
215
3.5
148.
814
9.7
146.
715
7.8
16. T
otal
liab
ilitie
s3,
020.
03,
394.
73,
737.
83,
761.
73,
950.
74,
270.
94,
571.
05,
433.
45,
569.
35,
682.
75,
616.
9
50
TA
BL
E B
13: N
ON
MO
NE
TA
RY
FIN
AN
CIA
L IN
STIT
UT
ION
S - B
AL
AN
CE
SH
EE
T
End
of p
erio
d19
9619
9719
9819
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. N
et fo
reig
n as
sets
239.
622
1.3
288.
634
0.7
418.
034
9.8
330.
339
8.5
489.
857
1.8
671.
879
7.4
570.
969
4.1
801.
776
0.4
2. D
omes
tic c
laim
s91
5.8
1,07
8.1
884.
390
0.6
961.
01,
047.
91,
087.
21,
245.
91,
344.
71,
439.
71,
542.
61,
671.
91,
733.
12,
025.
82,
052.
02,
395.
2a.
Gov
ernm
ent
489.
958
5.9
345.
433
9.5
366.
443
4.7
463.
050
6.9
555.
563
5.6
693.
573
9.1
678.
083
6.6
891.
51,
174.
1b.
Priv
ate
sect
or42
5.9
492.
253
8.9
561.
159
4.6
613.
262
4.3
739.
078
9.2
804.
184
9.1
932.
81,
055.
21,
189.
21,
160.
51,
221.
0
3. T
OT
AL
ASS
ET
S=T
OT
AL
LIA
BIL
ITIE
S1,
155.
51,
299.
31,
172.
91,
241.
31,
379.
01,
397.
71,
417.
51,
644.
41,
834.
62,
011.
52,
214.
42,
469.
42,
304.
02,
719.
92,
853.
83,
155.
5
4. B
orro
win
gs a
nd d
epos
its46
.456
.351
.446
.962
.154
.657
.462
.064
.038
.938
.537
.837
.039
.038
.938
.9a.
Gov
ernm
ent
41.9
40.9
40.5
36.5
36.6
36.6
36.8
36.8
36.7
36.6
36.6
36.6
36.6
38.6
38.6
38.6
b. O
ther
resi
dent
s4.
515
.310
.910
.525
.518
.020
.725
.227
.32.
21.
81.
20.
40.
40.
30.
3
5. P
ensi
on fu
nd p
rovi
sion
s91
5.1
1,00
2.6
906.
290
8.2
1,01
3.9
1,09
0.6
1,15
6.1
1,21
8.4
1,30
8.8
1,64
1.8
1,75
0.4
1,83
5.0
2,39
6.4
2,45
2.7
2,60
1.6
2,72
9.1
6. In
sura
nce
rese
rve
fund
148.
416
5.5
183.
620
9.2
232.
725
7.3
258.
727
3.3
288.
436
4.8
400.
044
5.7
510.
560
3.8
651.
169
2.9
7. O
ther
item
s, ne
t45
.674
.931
.876
.970
.2-4
.7-5
4.8
90.7
173.
4-3
3.9
25.5
150.
9-6
40.0
-375
.6-4
37.9
-305
.4
51
TA
BL
E B
14: F
INA
NC
IAL
SU
RV
EY
End
of p
erio
d19
9619
9719
9819
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. F
orei
gn a
sset
s1,
077.
91,
179.
21,
378.
21,
396.
11,
497.
81,
605.
01,
694.
11,
835.
11,
825.
61,
842.
32,
102.
72,
396.
72,
692.
22,
918.
02,
922.
32,
874.
7
2. D
omes
tic c
laim
s2,
080.
02,
319.
92,
161.
02,
312.
32,
474.
12,
663.
62,
901.
33,
230.
83,
444.
03,
780.
93,
950.
54,
181.
64,
299.
44,
620.
34,
786.
25,
253.
7a)
Gov
ernm
ent
559.
966
0.4
413.
341
5.4
432.
251
2.3
544.
459
1.0
647.
678
6.3
834.
789
1.3
785.
598
5.1
1,15
7.9
1,47
8.7
b) N
on-f
inan
cial
pub
lic e
nter
pris
es40
.029
.538
.056
.370
.461
.957
.311
0.4
107.
211
5.7
105.
690
.412
6.8
120.
811
1.9
190.
8c)
Ent
erpr
ises
685.
971
3.1
688.
069
6.4
731.
076
6.7
874.
81,
011.
91,
058.
81,
123.
61,
170.
41,
249.
61,
357.
01,
450.
61,
404.
21,
400.
2d)
Indi
vidu
als
794.
391
6.9
1,02
1.7
1,14
4.2
1,24
0.6
1,32
2.7
1,42
4.9
1,51
7.5
1,63
0.3
1,75
5.4
1,83
9.8
1,95
0.3
2,03
0.1
2,06
3.8
2,11
2.2
2,18
4.0
1) C
onsu
mer
cre
dit
286.
133
3.2
352.
139
5.9
419.
043
4.0
480.
952
1.1
574.
462
6.6
637.
467
4.0
700.
669
5.2
687.
468
6.5
2) H
ousi
ng m
ortg
ages
508.
158
3.8
669.
574
8.3
821.
688
8.7
943.
999
6.4
1,05
5.9
1,12
8.8
1,20
2.4
1,27
6.3
1,32
9.5
1,36
8.6
1,42
4.7
1,49
7.5
3. O
ther
dom
estic
cla
ims
911.
982
5.7
982.
71,
077.
01,
149.
51,
322.
91,
409.
01,
519.
31,
429.
91,
534.
91,
638.
21,
688.
92,
181.
42,
343.
02,
655.
32,
314.
2
4. T
OT
AL
ASS
ET
S=T
OT
AL
LIA
BIL
ITIE
S4,
069.
84,
324.
84,
521.
84,
785.
45,
121.
45,
591.
56,
004.
56,
585.
26,
699.
57,
158.
27,
691.
38,
267.
29,
172.
99,
881.
210
,363
.710
,442
.6
5. F
orei
gn li
abili
ties
404.
956
0.7
531.
647
8.2
547.
759
5.1
664.
879
8.7
678.
167
2.7
777.
288
2.7
852.
474
8.7
811.
382
8.2
6. D
epos
its a
nd b
orro
win
gs1,
362.
81,
395.
61,
562.
11,
685.
71,
737.
51,
872.
12,
106.
62,
273.
82,
322.
02,
465.
92,
553.
32,
624.
93,
143.
13,
333.
13,
301.
43,
356.
0a)
Gov
ernm
ent
153.
412
5.1
117.
310
0.0
103.
513
9.9
180.
116
3.6
150.
218
5.9
224.
423
2.1
333.
533
6.8
321.
737
9.9
b) O
ther
resi
dent
s1,
209.
51,
270.
51,
444.
81,
585.
71,
634.
01,
732.
21,
926.
42,
110.
22,
171.
92,
280.
02,
328.
92,
392.
82,
809.
52,
996.
32,
979.
62,
976.
1
7. P
ensi
on fu
nd p
rovi
sion
s91
5.1
1,00
2.6
906.
290
8.2
1,01
3.9
1,09
0.6
1,15
6.1
1,21
8.4
1,30
8.8
1,64
1.8
1,75
0.4
1,83
5.0
2,39
6.4
2,45
2.7
2,60
1.6
2,72
9.1
8. In
sura
nce
rese
rve
fund
148.
416
5.5
183.
620
9.2
232.
725
7.3
258.
727
3.3
288.
436
4.8
400.
044
5.7
510.
560
3.8
651.
169
2.9
9. O
ther
dom
estic
liab
ilitie
s1,
238.
51,
200.
41,
338.
31,
503.
61,
589.
61,
776.
51,
818.
32,
021.
02,
102.
22,
013.
12,
210.
42,
478.
92,
270.
52,
742.
92,
998.
32,
836.
4
52
TA
BL
E B
15: H
OU
SIN
G M
OR
TG
AG
ES
Com
mer
cial
Mor
tgag
ePe
nsio
nLi
feO
ther
Tota
lba
nks
bank
sfu
nds
insu
ranc
eco
mpa
nies
End
ofpe
riod
(1)
(2)
(3)
(4)
(5)
(6)
1996
238.
719
5.1
35.6
33.8
4.9
508.
1
19
9725
9.0
1)23
8.9
1)41
.140
.04.
858
3.8
1998
296.
026
8.9
50.3
49.0
5.3
669.
5
19
9934
5.0
276.
659
.261
.16.
474
8.3
2000
394.
628
3.3
62.7
73.3
7.8
821.
6
20
0143
8.3
295.
973
.872
.08.
788
8.7
2002
484.
830
2.8
83.6
68.5
4.2
943.
9
20
0354
3.7
281.
491
.262
.317
.899
6.4
2004
580.
628
7.5
113.
457
.417
.11,
055.
9
2005
703.
822
8.6
126.
453
.616
.51,
128.
8
2006
747.
224
2.6
138.
159
.115
.41,
202.
4
2007
785.
624
5.3
155.
671
.718
.21,
276.
3
2008
797.
024
0.3
184.
488
.519
.21,
329.
5
2009
819.
223
1.7
207.
691
.218
.91,
368.
6
2010
865.
622
2.2
219.
196
.319
.51,
422.
7
2011
906.
321
4.6
253.
110
2.8
20.8
1,49
7.5
1) D
ue to
a re
clas
sific
atio
n in
the
data
base
.
53
TA
BL
E B
16: C
OM
ME
RC
IAL
BA
NK
S - B
AL
AN
CE
SH
EE
T
End
of p
erio
d20
0620
0720
0820
0920
1020
11 p
1. A
sset
sa.
Cas
h &
due
from
ban
ks85
8.2
959.
61,
347.
41,
469.
81,
391.
61,
217.
2b.
Inve
stm
ents
186.
516
6.8
114.
015
4.0
274.
731
1.1
c. L
oans
2,31
3.5
2,41
8.7
2,52
2.9
2,50
2.0
2,52
7.1
2,60
0.6
- Com
mer
cial
1)
1,00
4.1
1,03
0.1
1,09
3.1
1,04
5.2
1,04
2.7
1,07
0.7
- Ind
ivid
uals
2)
1,30
9.4
1,38
8.4
1,42
9.8
1,45
6.8
1,48
4.4
1,52
9.9
- Gov
ernm
ent
0.0
0.2
0.0
0.0
0.0
0.0
d. O
ther
ass
ets
172.
318
8.0
197.
417
9.8
195.
219
0.7
Tot
al a
sset
s3,
530.
53,
733.
14,
181.
74,
305.
64,
388.
74,
319.
5
2. C
apita
l and
liab
ilitie
sa.
Dep
osits
2,97
1.3
3,12
2.5
3,50
5.9
3,59
5.3
3,66
4.7
3,51
7.8
- Dem
and
1,06
6.3
1,14
6.7
1,44
7.3
1,61
9.7
1,47
4.0
1,58
6.8
- Tim
e1,
153.
21,
178.
41,
213.
71,
059.
81,
216.
393
0.7
- Sav
ings
751.
879
7.4
844.
991
5.8
974.
41,
000.
3b.
Oth
er li
abili
ties
187.
619
3.3
160.
615
4.7
170.
722
2.6
c. C
apita
l and
rese
rves
3)
371.
641
7.3
515.
255
5.6
553.
457
9.1
Tot
al c
apita
l and
liab
ilitie
s3,
530.
53,
733.
14,
181.
74,
305.
64,
388.
74,
319.
5
1) C
orre
cted
for a
lloca
ted
loan
loss
pro
visi
ons.
2) C
orre
cted
for u
near
ned
inco
me.
3) In
clud
ing
gene
ral (
unal
loca
ted)
rese
rves
.
54
TA
BL
E B
17: C
OM
ME
RC
IAL
BA
NK
S - I
NC
OM
E S
TA
TE
ME
NT
2006
2007
2008
2009
2010
2011
p
Inco
me
Net
inte
rest
mar
gin
178.
319
6.4
191.
818
7.2
195.
620
4.8
Ope
ratin
g in
com
e89
.912
3.1
110.
710
8.1
104.
910
2.6
Tot
al in
com
e26
8.2
319.
530
2.5
295.
330
0.5
307.
4
Exp
ense
sSa
larie
s & e
mpl
oyee
ben
efits
76.6
83.0
84.7
83.0
87.6
93.7
Add
ition
s to
the
loan
loss
pro
visi
ons
11.1
9.5
13.8
22.9
22.2
15.0
Oth
er e
xpen
ses
77.5
86.5
92.2
88.8
90.8
85.1
Tot
al e
xpen
ses
165.
217
9.0
190.
719
4.7
200.
619
3.8
Net
inco
me
befo
re e
xtra
ordi
nary
item
s an
d ta
xes
103.
014
0.5
111.
810
0.6
99.9
113.
6
Net
inco
me
befo
re ta
xes
103.
314
5.5
116.
610
3.3
102.
511
9.2
Taxe
s23
.134
.227
.728
.927
.431
.0
Net
inco
me
80.2
111.
388
.974
.475
.188
.2
55
TA
BL
E B
18: C
OM
ME
RC
IAL
BA
NK
S - C
OR
E S
ET
OF
MA
CR
OPR
UD
EN
TIA
L IN
DIC
AT
OR
S(E
nd-o
f-per
iod
figur
es in
per
cent
ages
)
2006
2007
2008
2009
2010
2011
p
1. C
apita
l ade
quac
ya.
Ris
k-w
eigh
ted
capi
tal a
sset
ratio
= re
gula
tory
cap
ital r
atio
13.5
13.0
14.7
17.8
18.5
18.8
(Reg
ulat
ory
capi
tal t
o ri
sk-w
eigh
ted
asse
ts)
b. T
ier 1
cap
ital r
atio
7.2
7.2
8.3
10.6
11.3
11.7
2. A
sset
qua
lity
a. N
onpe
rfor
min
g lo
ans t
o gr
oss l
oans
6.
36.
76.
97.
910
.78.
3b.
Non
perf
orm
ing
loan
s (ne
t of a
lloca
ted
loan
loss
pro
visi
ons)
to g
ross
loan
s3.
44.
03.
94.
56.
95.
0c.
Non
perf
orm
ing
loan
s (ne
t of a
lloca
ted
loan
loss
pro
visi
ons)
to re
gula
tory
cap
ital
26.4
32.6
28.5
27.4
40.9
29.5
d. L
arge
loan
s to
regu
lato
ry c
apita
l 1)10
9.2
102.
898
.877
.168
.668
.8
3. E
arni
ngs a
nd p
rofit
abili
tya.
Ret
urn
on a
sset
s (af
ter t
axes
)2.
43.
12.
31.
81.
82.
1b.
Ret
urn
on e
quity
(afte
r tax
es)
32.1
38.4
24.7
17.4
16.8
19.4
c. In
tere
st m
argi
n to
gro
ss in
com
e66
.460
.562
.462
.864
.566
.0d.
Non
inte
rest
exp
ense
s to
gros
s inc
ome
70.1
65.7
71.1
75.0
75.2
71.6
4. L
iqui
dity
a. L
oans
to d
epos
its ra
tio75
.174
.769
.467
.166
.571
.1b.
Pru
dent
ial l
iqui
dity
ratio
28.0
29.0
34.7
30.1
28.6
26.1
c. L
iqui
d as
sets
to sh
ort-t
erm
liab
ilitie
s81
.282
.688
.771
.575
.662
.0
5. S
ensi
tivity
to m
arke
t ris
ka.
Inte
rest
rate
mar
gin
2)7.
26.
87.
57.
28.
47.
9
1) L
arge
loan
s: a
ll lo
ans o
r lin
es o
f cre
dit i
n ex
cess
of 1
5 pe
rcen
t of t
he in
sittu
tion'
s tes
t cap
ital.
2) W
eigh
ted
aver
ages
rela
ted
to n
ew lo
ans g
rant
ed d
urin
g th
e in
dica
ted
perio
d.
56
TA
BL
E B
19: O
FFSH
OR
E B
AN
KS
- BA
LA
NC
E S
HE
ET
End
of p
erio
d20
0620
0720
0820
0920
1020
11 p
1. A
sset
sa.
Cas
h &
due
from
ban
ks31
1.3
307.
029
3.8
67.6
19.1
19.0
b. In
vest
men
ts0.
010
2.3
183.
452
.469
.352
.2c.
Loa
ns 1
)18
6.5
339.
011
0.3
97.7
102.
360
.1d.
Oth
er a
sset
s23
.238
.918
.933
8.5
212.
187
.0
Tot
al a
sset
s52
1.0
787.
260
6.4
556.
240
2.8
218.
3
2. C
apita
l and
liab
ilitie
sa.
Dep
osits
304.
653
9.0
365.
618
0.9
210.
857
.9- D
eman
d53
.988
.013
3.3
12.1
3.8
12.4
- Tim
e25
0.7
451.
023
2.3
168.
820
7.0
45.5
b. O
ther
liab
ilitie
s31
.320
.523
.730
.527
.927
.5c.
Cap
ital a
nd re
serv
es 2
)18
5.1
227.
721
7.1
344.
816
4.1
132.
9
Tot
al c
apita
l and
liab
ilitie
s52
1.0
787.
260
6.4
556.
240
2.8
218.
3
3. R
isk-
wei
ghte
d ca
pita
l ass
et ra
tio (p
erce
ntag
e) 3
)60
.410
.731
.829
.724
.934
.0 (R
egul
ator
y ca
pita
l to
risk
-wei
ghte
d as
sets
)
1) C
orre
cted
for a
lloca
ted
loan
loss
pro
visi
ons.
2) In
clud
ing
unal
loca
ted
loan
loss
pro
visi
ons.
3)Th
e ca
lcul
atio
n of
the
risk-
wei
ghte
d ca
pita
l ass
et ra
tio c
anno
t be
deriv
ed fr
om T
able
B19
57
TA
BL
E B
20: O
FFSH
OR
E B
AN
KS
- IN
CO
ME
ST
AT
EM
EN
T
2006
2007
2008
2009
2010
2011
p
Inco
me
Net
inte
rest
mar
gin
22.2
14.0
53.1
50.4
17.4
11.9
Ope
ratin
g in
com
e-2
.715
5.2
-58.
763
.0-2
17.5
0.5
Tot
al in
com
e19
.516
9.2
-5.6
113.
4-2
00.1
12.4
Exp
ense
sG
ener
al e
xpen
ses
2.0
2.9
8.9
97.1
4.7
3.0
Add
ition
s to
(rel
ease
of)
the
loan
pro
visi
on-2
2.0
-2.5
-1.9
1.3
-0.8
-2.1
Tot
al e
xpen
ses
-20.
00.
47.
098
.43.
90.
9
Net
inco
me
befo
re e
xtra
ordi
nary
item
s and
ta
xes
39.5
168.
8-1
2.6
15.0
-204
.011
.5
Net
inco
me
befo
re ta
xes
40.6
168.
8-1
0.7
20.7
-179
.252
.6
Taxe
s1.
75.
30.
00.
00.
00.
1
Net
inco
me
38.9
163.
5-1
0.7
20.7
-179
.252
.5
58
TA
BL
E B
21: B
AN
K-L
IKE
INST
ITU
TIO
NS
- BA
LA
NC
E S
HE
ET
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11 p
1. A
sset
sa.
Cas
h &
due
from
ban
ks41
.868
.278
.875
.964
.348
.533
.843
.759
.147
.039
.1b.
Inve
stm
ents
5.2
4.7
9.1
12.6
12.0
23.7
28.0
25.6
24.9
24.1
55.1
c. L
oans
439.
342
8.4
439.
144
3.1
413.
242
0.0
474.
449
5.5
486.
246
9.2
470.
5- C
omm
erci
al 1
)81
.428
5.2
68.0
88.1
117.
110
3.9
144.
516
7.1
162.
315
0.1
152.
2- I
ndiv
idua
ls 2
)35
5.1
143.
237
1.1
355.
029
6.1
316.
132
9.9
328.
432
3.9
319.
131
8.3
- Gov
ernm
ent
2.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
d. O
ther
ass
ets
57.3
63.1
93.6
113.
411
4.4
108.
411
9.9
124.
513
8.8
149.
414
5.9
Tot
al a
sset
s54
3.6
564.
462
0.6
645.
060
3.9
600.
665
6.1
689.
370
9.0
689.
771
0.6
2. C
apita
l and
liab
ilitie
sa.
Dep
osits
15.3
17.9
21.9
24.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
b. B
orro
win
gs24
9.2
250.
732
2.5
332.
532
3.2
354.
538
5.8
404.
840
1.3
371.
237
7.0
- Com
mer
cial
21
2.6
214.
128
5.9
295.
927
1.6
296.
932
1.2
328.
732
2.8
282.
725
7.4
- Ind
ivid
uals
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.5
6.9
6.9
7.0
- Gov
ernm
ent
36.6
36.6
36.6
36.6
51.6
57.6
64.6
69.6
71.6
81.6
112.
6c.
Oth
er li
abili
ties
64.9
93.5
66.2
72.9
73.9
35.7
34.8
35.0
37.2
31.4
29.9
d. C
apita
l and
rese
rves
3)
214.
220
2.3
210.
021
5.1
206.
821
0.4
235.
524
9.5
270.
528
7.1
303.
7
Tot
al c
apita
l and
liab
ilitie
s54
3.6
564.
462
0.6
645.
060
3.9
600.
665
6.1
689.
370
9.0
689.
771
0.6
1) C
orre
cted
for a
lloca
ted
loan
loss
pro
visi
ons.
2) C
orre
cted
for u
near
ned
inco
me.
3) In
clud
ing
gene
ral (
unal
loca
ted)
rese
rves
.
59
TA
BL
E B
22: B
AN
K-L
IKE
INST
ITU
TIO
NS
- IN
CO
ME
ST
AT
EM
EN
T
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
p
Inco
me
Net
inte
rest
mar
gin
33.6
38.4
35.9
31.4
27.4
32.0
34.0
37.2
40.1
39.6
42.0
Ope
ratin
g in
com
e10
.28.
88.
712
.817
.015
.518
.415
.621
.219
.919
.1T
otal
inco
me
43.8
47.2
44.6
44.2
44.4
47.5
52.4
52.8
61.3
59.5
61.1
Exp
ense
sSa
larie
s & e
mpl
oyee
ben
efits
10.9
11.6
11.5
12.9
11.4
12.9
13.3
14.2
15.7
15.3
17.1
Add
ition
s to
the
loan
loss
pro
visi
ons
8.2
3.7
2.4
2.6
1.5
3.6
0.7
7.1
8.3
11.7
4.3
Oth
er e
xpen
ses
10.4
10.0
11.3
13.7
14.5
14.9
17.2
16.6
17.4
18.2
22.5
Tot
al e
xpen
ses
29.5
25.3
25.2
29.2
27.4
31.4
31.2
37.9
41.4
45.2
43.9
Net
inco
me
befo
re e
xtra
ordi
nary
item
s, re
sult
subs
idia
ries
, and
taxe
s14
.321
.919
.415
.017
.016
.121
.214
.919
.914
.317
.2
Net
inco
me
befo
re ta
xes
5.8
3.4
14.8
15.0
17.0
16.1
27.2
15.6
21.9
16.6
17.2
Taxe
s2.
14.
85.
65.
33.
53.
82.
81.
81.
90.
50.
0
Net
inco
me
3.7
-1.4
9.2
9.7
13.5
12.3
24.4
13.8
20.0
16.1
17.2
60
(End
-of-p
erio
d fig
ures
in p
erce
ntag
es)
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
p
1. C
apita
l ade
quac
ya.
Ris
k-w
eigh
ted
capi
tal a
sset
ratio
= re
gula
tory
cap
ital r
atio
57.9
54.2
58.9
47.2
45.0
46.3
41.8
47.5
47.7
51.5
55.9
(R
egul
ator
y ca
pita
l to
risk
-wei
ghte
d as
sets
)b.
Tie
r 1 c
apita
l rat
io52
.665
.054
.541
.939
.140
.036
.041
.040
.244
.949
.1
2. A
sset
qua
lity
a. N
onpe
rfor
min
g lo
ans t
o gr
oss l
oans
9.
86.
26.
77.
87.
48.
513
.619
.213
.1b.
Non
perf
orm
ing
loan
s (ne
t of a
lloca
ted
loan
loss
pro
visi
ons)
to g
ross
loan
s7.
64.
45.
66.
76.
66.
910
.915
.28.
8c.
Non
perf
orm
ing
loan
s (ne
t of a
lloca
ted
loan
loss
pro
visi
ons)
to re
gula
tory
cap
ital
17.6
9.9
12.2
14.7
15.6
15.4
21.4
27.1
14.5
3. E
arni
ngs a
nd p
rofit
abili
tya.
Ret
urn
on a
sset
s (af
ter t
axes
)0.
7-0
.31.
61.
62.
22.
14.
02.
13.
02.
42.
5b.
Ret
urn
on e
quity
(afte
r tax
es)
1.9
-0.7
4.6
4.8
6.9
6.4
11.8
6.2
8.4
6.2
6.2
c. In
tere
st m
argi
n to
gro
ss in
com
e95
.413
3.9
89.6
71.1
61.7
67.4
58.3
69.5
63.2
64.1
68.8
d. N
onin
tere
st e
xpen
ses t
o gr
oss i
ncom
e89
.510
5.0
77.3
78.2
69.5
74.1
58.2
74.1
68.4
74.0
71.9
TA
BL
E B
23: B
AN
K-L
IKE
INST
ITU
TIO
NS
- CO
RE
SE
T O
F M
AC
RO
PRU
DE
NT
IAL
IND
ICA
TO
RS
61
TA
BL
E B
24: N
UM
BE
R O
F SU
PER
VIS
ED
INST
ITU
TIO
NS
WIT
HIN
TH
E IN
SUR
AN
CE
SE
CT
OR
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
Non
life
insu
ranc
e co
mpa
nies
1712
1214
1313
1313
1313
12Li
fe in
sura
nce
com
pani
es9
88
88
87
77
76
Cap
tive
insu
ranc
e co
mpa
nies
32
22
34
44
44
4C
ompa
ny p
ensi
on fu
nds
1011
1111
1111
1111
1110
11
Tot
al39
3333
3535
3635
3535
3433
62
TA
BL
E B
25: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - B
AL
AN
CE
SH
EE
T
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
ASS
ET
S1.
Inve
stm
ents
77.3
76.2
81.7
91.8
95.9
118.
814
0.6
124.
313
7.1
154.
7a.
Sha
res
0.1
0.1
0.1
0.1
0.1
0.1
0.5
0.4
0.4
0.4
b. B
onds
30.4
38.4
42.2
51.5
51.4
61.1
69.4
57.2
62.4
72.1
c. T
ime
depo
sits
45.6
35.2
37.0
38.2
42.9
45.1
54.6
62.4
69.9
78.0
d. L
oans
1.1
2.3
2.2
1.8
1.2
10.6
13.9
4.3
4.5
4.2
e. O
ther
inve
stm
ents
0.1
0.2
0.2
0.2
0.3
1.9
2.2
0.0
0.0
0.0
2. F
ixed
ass
ets
0.6
0.5
0.4
1.1
1.4
1.7
1.5
2.7
3.0
3.5
3. D
ue fr
om a
ffili
ated
com
pani
es19
.622
.826
.820
.619
.320
.023
.432
.634
.132
.44.
Cur
rent
ass
ets
28.2
39.7
64.2
46.5
44.3
47.3
52.0
56.0
62.4
58.3
5. In
tang
ible
ass
ets
0.0
0.0
0.0
1.0
0.7
0.4
0.2
0.0
0.0
0.0
Tot
al a
sset
s12
5.7
139.
217
3.1
161.
016
1.6
188.
221
7.7
215.
623
6.6
248.
9
CA
PIT
AL
AN
D L
IAB
ILIT
IES
6. T
echn
ical
pro
visi
ons
47.2
50.1
54.2
58.3
47.1
51.2
54.8
68.4
68.2
61.7
7. L
ong-
term
liab
ilitie
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
08.
Due
to a
ffili
ated
com
pani
es17
.620
.439
.333
.344
.360
.072
.481
.199
.311
3.1
9. C
urre
nt li
abili
ties
9.9
12.7
12.2
16.6
15.0
10.8
10.5
11.5
11.3
11.0
10. C
apita
l and
rese
rves
51.0
56.0
67.4
52.8
55.2
66.2
80.0
54.6
58.0
63.1
Tot
al c
apita
l and
liab
ilitie
s12
5.7
139.
217
3.1
161.
016
1.6
188.
221
7.7
215.
623
6.8
248.
9
63
TA
BL
E B
26: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - I
NC
OM
E S
TA
TE
ME
NT
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Inco
me
Net
pre
miu
ms
56.8
56.5
60.1
61.6
55.6
57.4
55.5
61.7
68.4
70.6
Inve
stm
ent i
ncom
e5.
36.
05.
65.
44.
95.
77.
17.
89.
07.
8O
ther
inco
me
-1.2
-1.2
-1.9
-2.4
2.4
2.2
2.8
-0.2
-1.8
-1.1
Tot
al in
com
e60
.961
.363
.864
.662
.965
.365
.469
.375
.677
.3
Exp
ense
sN
et c
laim
s21
.921
.222
.927
.524
.024
.024
.829
.829
.425
.3C
hang
e in
tech
nica
l pro
visi
ons
0.0
-0.3
1.2
-0.7
0.0
0.0
0.0
0.0
0.0
0.0
Com
mis
sion
s12
.913
.013
.313
.411
.510
.912
.813
.614
.015
.3M
anag
emen
t exp
ense
s14
.615
.411
.815
.914
.617
.118
.421
.023
.423
.3Ex
traor
dina
ry it
ems
0.0
0.0
-0.4
0.0
-2.6
1.3
0.0
0.0
0.0
0.0
Polic
yhol
ders
' div
iden
ds0.
1-0
.2-0
.10.
00.
00.
00.
00.
00.
00.
0O
ther
exp
ense
s0.
02.
01.
21.
00.
3-1
.10.
30.
1-0
.10.
0T
otal
exp
ense
s49
.551
.149
.957
.147
.852
.256
.364
.566
.763
.9
Net
inco
me
befo
re ta
xes
11.4
10.2
13.9
7.5
15.1
13.1
9.1
4.8
8.9
13.4
Taxe
s2.
32.
32.
22.
72.
53.
02.
02.
10.
91.
6
Net
inco
me
9.1
7.9
11.7
4.8
12.6
10.1
7.1
2.7
8.0
11.8
64
TA
BL
E B
27: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - F
INA
NC
IAL
RA
TIO
S
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
1. L
iqui
dity
ratio
0.22
0.28
0.37
0.29
0.27
0.25
0.24
0.26
0.26
0.23
Cur
rent
ass
ets t
o to
tal a
sset
s
2. R
etur
n on
inve
stm
ents
ratio
0.10
0.08
0.07
0.06
0.05
0.05
0.05
0.06
0.07
0.05
Inve
stm
ent i
ncom
e to
ave
rage
inve
sted
ass
ets
3. C
over
age
ratio
1)
2.46
2.59
3.04
2.54
2.95
3.06
3.10
2.87
2.95
3.75
Wei
ghte
d as
sets
less
bor
row
ings
to te
chni
cal p
rovi
sion
s
1) T
he c
alcu
latio
n of
the
cove
rage
ratio
can
not b
e de
rived
from
Tab
le B
25.
65
TA
BL
E B
28: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - N
ET
EA
RN
ED
PR
EM
IUM
BY
IND
EM
NIT
Y G
RO
UP
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
Acc
iden
t and
hea
lth5.
45.
56.
06.
76.
86.
77.
27.
17.
17.
174
Mot
or v
ehic
le35
.633
.534
.534
.532
.234
.032
.934
.738
.237
.5M
arin
e, tr
ansp
ort a
nd a
viat
ion
0.8
1.0
1.2
0.3
0.2
0.2
0.3
0.3
0.5
0.50
1Pr
oper
ty13
.314
.215
.616
.314
.214
.713
.016
.919
.922
.6O
ther
1.7
2.3
2.8
3.8
2.2
1.8
2.1
2.7
3.1
2.8
Tot
al56
.856
.560
.161
.655
.657
.455
.561
.768
.870
.6
66
TA
BL
E B
29: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S -
INC
OM
E S
TA
TE
ME
NT
BY
IND
EM
NIT
Y G
RO
UP
2001
2002
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
and
vehi
cle
trans
port
and
vehi
cle
trans
port
End
of p
erio
dhe
alth
and
avia
tion
heal
than
d av
iatio
n
Inco
me
Net
ear
ned
inco
me
prem
ium
s5.
435
.60.
813
.31.
756
.85.
533
.51.
014
.22.
356
.5In
vest
men
t inc
ome
2.1
2.0
0.0
0.9
0.3
5.3
1.5
2.6
0.0
1.2
0.7
6.0
Oth
er in
com
e-0
.5-0
.40.
0-0
.2-0
.1-1
.2-0
.5-0
.40.
0-0
.2-0
.1-1
.2T
otal
inco
me
7.0
37.2
0.8
14.0
1.9
60.9
6.5
35.7
1.0
15.2
2.9
61.3
Exp
ense
sN
et c
laim
s inc
urre
d0.
917
.70.
03.
4-0
.121
.91.
315
.60.
63.
20.
521
.2C
hang
es in
oth
er te
chni
cal p
rovi
sion
s-0
.10.
10.
1-0
.10.
00.
00.
0-0
.2-0
.20.
10.
0-0
.3C
omm
issi
ons a
nd o
ther
acq
uisi
tion
cost
s1.
27.
80.
13.
50.
312
.91.
37.
40.
33.
70.
313
.0G
ener
al a
nd a
dmin
istra
tive
expe
nses
1.5
7.9
0.3
4.0
0.9
14.6
1.4
7.6
0.3
4.0
2.1
15.4
Polic
yhol
ders
' div
iden
d0.
10.
00.
00.
00.
00.
1-0
.20.
00.
00.
00.
0-0
.2O
ther
exp
endi
ture
s0.
00.
00.
00.
00.
00.
00.
31.
40.
00.
30.
02.
0Ex
traor
dina
ry re
sults
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Tot
al e
xpen
ses
3.6
33.5
0.5
10.8
1.1
49.5
4.1
31.8
1.0
11.3
2.9
51.1
Net
inco
me
befo
re ta
xes
3.4
3.7
0.3
3.2
0.8
11.4
2.4
3.9
0.0
3.9
0.0
10.2
67
TA
BL
E B
29: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - I
NC
OM
E S
TA
TE
ME
NT
BY
IND
EM
NIT
Y G
RO
UP
(con
tinue
d)
2003
2004
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
and
vehi
cle
trans
port
and
vehi
cle
trans
port
End
of p
erio
dhe
alth
and
avia
tion
heal
than
d av
iatio
n
Inco
me
Net
ear
ned
inco
me
prem
ium
s6.
034
.51.
215
.62.
8
6
0.1
6.7
34.5
0.3
16.3
3.8
61.6
Inve
stm
ent i
ncom
e1.
42.
20.
01.
30.
7
5.6
1.4
2.1
0.0
1.3
0.6
5.4
Oth
er in
com
e-0
.7-0
.70.
0-0
.4-0
.1-1
.9-1
.0-0
.80.
0-0
.5-0
.1-2
.4T
otal
inco
me
6.7
36.0
1.2
16.5
3.4
63.
8 7.
135
.80.
317
.14.
364
.6
Exp
ense
sN
et c
laim
s inc
urre
d0.
917
.60.
33.
80.
322
.91.
317
.80.
36.
91.
227
.5C
hang
es in
oth
er te
chni
cal p
rovi
sion
s0.
00.
10.
01.
10.
01.
20.
00.
10.
0-0
.80.
0-0
.7C
omm
issi
ons a
nd o
ther
acq
uisi
tion
cost
s1.
48.
00.
33.
20.
413
.30.
87.
80.
04.
00.
813
.4G
ener
al a
nd a
dmin
istra
tive
expe
nses
1.1
6.7
0.3
3.9
-0.2
11.8
1.4
7.0
0.2
4.4
2.9
15.9
Polic
yhol
ders
' div
iden
d-0
.10.
00.
00.
00.
0-0
.10.
00.
00.
00.
00.
00.
0O
ther
exp
endi
ture
s0.
20.
80.
00.
20.
0
1.2
0.1
0.6
0.0
0.3
0.0
1.0
Extra
ordi
nary
resu
lts-0
.30.
00.
00.
0-0
.1-0
.40.
00.
00.
00.
00.
00.
0T
otal
exp
ense
s3.
233
.20.
912
.20.
449
.93.
633
.30.
514
.84.
957
.1
Net
inco
me
befo
re ta
xes
3.5
2.8
0.3
4.3
3.0
13.9
3.5
2.5
-0.2
2.3
-0.6
7.5
68
TA
BL
E B
29: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - I
NC
OM
E S
TA
TE
ME
NT
BY
IND
EM
NIT
Y G
RO
UP
(con
tinue
d)
2005
2006
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
and
vehi
cle
trans
port
and
vehi
cle
trans
port
End
of p
erio
dhe
alth
and
avia
tion
heal
than
d av
iatio
n
Inco
me
Net
ear
ned
inco
me
prem
ium
s6.
832
.20.
214
.22.
255
.66.
734
.00.
214
.71.
857
.4In
vest
men
t inc
ome
0.9
2.0
0.1
1.2
0.7
4.9
0.5
2.6
0.0
1.8
0.8
5.7
Oth
er in
com
e-0
.30.
80.
00.
91.
02.
4-0
.10.
70.
00.
80.
92.
3T
otal
inco
me
7.4
35.0
0.3
16.3
3.9
62.9
7.1
37.3
0.2
17.3
3.5
65.4
Exp
ense
sN
et c
laim
s inc
urre
d1.
419
.90.
12.
50.
124
.01.
720
.50.
02.
5-0
.823
.9C
hang
es in
oth
er te
chni
cal p
rovi
sion
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0C
omm
issi
ons a
nd o
ther
acq
uisi
tion
cost
s0.
96.
50.
12.
91.
111
.50.
95.
90.
03.
50.
610
.9G
ener
al a
nd a
dmin
istra
tive
expe
nses
1.4
6.1
0.1
3.8
3.2
14.6
2.4
8.3
0.2
4.9
1.4
17.2
Polic
yhol
ders
' div
iden
d0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0O
ther
exp
endi
ture
s0.
00.
20.
00.
10.
00.
3-0
.2-0
.70.
0-0
.20.
0-1
.1Ex
traor
dina
ry re
sults
-5.4
0.0
0.0
0.0
2.8
-2.6
0.0
0.0
0.0
0.0
1.3
1.3
Tot
al e
xpen
ses
-1.7
32.7
0.3
9.3
7.2
47.8
4.8
34.0
0.2
10.7
2.5
52.2
Net
inco
me
befo
re ta
xes
9.1
2.3
0.0
7.0
-3.3
15.1
2.3
3.3
0.0
6.6
1.0
13.2
69
TA
BL
E B
29: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - I
NC
OM
E S
TA
TE
ME
NT
BY
IND
EM
NIT
Y G
RO
UP
(con
tinue
d)
2007
2008
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
and
vehi
cle
trans
port
and
vehi
cle
trans
port
End
of p
erio
dhe
alth
and
avia
tion
heal
than
d av
iatio
n
Inco
me
Net
ear
ned
inco
me
prem
ium
s7.
232
.90.
313
.02.
155
.57.
134
.70.
316
.92.
761
.7In
vest
men
t inc
ome
0.5
3.2
0.0
2.2
1.2
7.1
0.5
3.5
0.1
2.5
1.2
7.8
Oth
er in
com
e0.
00.
60.
00.
81.
42.
8-0
.10.
30.
0-0
.2-0
.2-0
.2T
otal
inco
me
7.7
36.7
0.3
16.0
4.7
65.4
7.5
38.5
0.4
19.2
3.7
69.3
Exp
ense
sN
et c
laim
s inc
urre
d1.
419
.30.
23.
50.
424
.81.
620
.70.
25.
91.
429
.8C
hang
es in
oth
er te
chni
cal p
rovi
sion
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0C
omm
issi
ons a
nd o
ther
acq
uisi
tion
cost
s0.
86.
10.
14.
41.
412
.80.
87.
10.
14.
41.
213
.6G
ener
al a
nd a
dmin
istra
tive
expe
nses
2.3
8.5
0.2
5.3
2.1
18.4
2.4
10.8
0.2
6.0
1.6
21.0
Polic
yhol
ders
' div
iden
d0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0O
ther
exp
endi
ture
s0.
00.
20.
00.
10.
00.
30.
10.
00.
00.
00.
00.
1Ex
traor
dina
ry re
sults
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Tot
al e
xpen
ses
4.5
34.1
0.5
13.3
3.9
56.3
4.9
38.6
0.5
16.3
4.2
64.5
Net
inco
me
befo
re ta
xes
3.2
2.6
-0.2
2.7
0.8
9.1
2.6
-0.1
-0.1
2.9
-0.5
4.8
70
TA
BL
E B
29: N
ON
LIF
E IN
SUR
AN
CE
CO
MPA
NIE
S - I
NC
OM
E S
TA
TE
ME
NT
BY
IND
EM
NIT
Y G
RO
UP
(con
tinue
d)
2009
2010
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
Acc
iden
tM
otor
Mar
ine,
Prop
erty
Oth
erTo
tal
and
vehi
cle
trans
port
and
vehi
cle
trans
port
End
of p
erio
dhe
alth
and
avia
tion
heal
than
d av
iatio
n
Inco
me
Net
ear
ned
inco
me
prem
ium
s7.
238
.10.
520
.03.
168
.97.
237
.50.
522
.62.
870
.6In
vest
men
t inc
ome
0.8
4.2
0.0
2.7
1.2
8.9
0.8
3.4
1.4
1.0
1.2
7.8
Oth
er in
com
e-0
.3-0
.80.
0-0
.9-0
.2-2
.20.
0-1
.1-1
.10.
30.
8-1
.1T
otal
inco
me
7.7
41.5
0.5
21.8
4.1
75.6
8.0
39.8
0.8
24.0
4.8
77.3
Exp
ense
sN
et c
laim
s inc
urre
d2.
122
.30.
45.
1-0
.329
.62.
017
.4-0
.15.
60.
425
.3C
hang
es in
oth
er te
chni
cal p
rovi
sion
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0C
omm
issi
ons a
nd o
ther
acq
uisi
tion
cost
s0.
96.
40.
05.
21.
313
.81.
06.
50.
26.
31.
415
.3G
ener
al a
nd a
dmin
istra
tive
expe
nses
2.3
11.9
0.3
6.9
1.6
23.0
2.6
11.8
0.3
7.2
1.4
23.3
Polic
yhol
ders
' div
iden
d0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0O
ther
exp
endi
ture
s0.
0-0
.10.
00.
00.
0-0
.10.
00.
00.
00.
00.
00.
0Ex
traor
dina
ry re
sults
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Tot
al e
xpen
ses
5.3
40.5
0.7
17.2
2.6
66.3
5.6
35.7
0.4
19.1
3.2
63.9
Net
inco
me
befo
re ta
xes
2.4
1.0
-0.2
4.6
1.5
9.3
2.4
4.1
0.4
4.9
1.6
13.4
71
TA
BL
E B
30: L
IFE
INSU
RA
NC
E C
OM
PAN
IES
- BA
LA
NC
E S
HE
ET
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
ASS
ET
S1.
Inve
stm
ents
247.
124
3.4
296.
730
9.1
373.
239
7.9
456.
848
9.7
583.
261
9.3
a. S
hare
s1.
93.
74.
85.
12.
62.
92.
82.
15.
022
.6b.
Bon
ds11
2.9
100.
611
2.0
132.
419
0.1
219.
524
7.6
250.
131
6.1
327.
1c.
Rea
l est
ate
7.8
20.8
14.3
14.0
14.0
10.3
10.3
10.1
0.1
0.1
d. T
ime
depo
sits
37.5
37.7
86.4
67.3
53.7
64.8
72.6
93.7
119.
211
5.1
e. M
ortg
age
loan
s72
.567
.460
.955
.572
.959
.172
.689
.797
.710
2.8
f. O
ther
loan
s14
.513
.218
.334
.839
.941
.350
.944
.045
.151
.62.
Fix
ed a
sset
s0.
20.
30.
50.
40.
47.
48.
25.
85.
24.
63.
Due
from
aff
iliat
ed c
ompa
nies
222.
477
.468
.416
.919
.422
.520
.022
.372
.749
.94.
Cur
rent
ass
ets
42.7
43.7
36.6
72.4
58.5
64.5
65.1
100.
347
.111
6.0
Tot
al a
sset
s51
2.4
364.
840
2.2
398.
845
1.5
492.
355
0.1
618.
170
8.2
789.
8
CA
PIT
AL
AN
D L
IAB
ILIT
IES
5. T
echn
ical
pro
visi
ons
255.
026
7.4
294.
532
4.9
364.
640
0.9
444.
350
0.6
531.
458
6.6
6. L
ong-
term
liab
ilitie
s0.
40.
40.
40.
00.
00.
00.
81.
11.
01.
07.
Due
to a
ffili
ated
com
pani
es18
2.2
19.7
26.8
1.4
5.0
5.4
6.5
16.8
17.7
38.1
8. C
urre
nt li
abili
ties
17.8
19.1
19.7
22.3
22.1
19.0
23.4
30.4
43.8
39.3
9. C
apita
l and
rese
rves
57.0
58.2
60.8
50.2
59.8
67.0
75.1
69.2
114.
312
4.8
Tot
al c
apita
l and
liab
ilitie
s51
2.4
364.
840
2.2
398.
845
1.5
492.
355
0.1
618.
170
8.2
789.
8
72
TA
BL
E B
31: L
IFE
INSU
RA
NC
E C
OM
PAN
IES
- IN
CO
ME
ST
AT
EM
EN
T
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Inco
me
Net
pre
miu
ms
45.8
47.2
50.3
61.0
70.8
62.1
88.8
101.
875
.491
.1In
vest
men
t inc
ome
21.9
21.4
23.4
22.7
21.9
26.1
29.3
31.1
37.4
39.7
Oth
er in
com
e2.
00.
40.
74.
00.
60.
94.
02.
95.
22.
6T
otal
inco
me
69.7
69.0
74.4
87.7
93.3
89.1
122.
113
5.8
118.
013
3.4
Exp
ense
sN
et c
laim
s15
.331
.119
.921
.426
.927
.338
.430
.439
.938
.8C
hang
e in
tech
nica
l pro
visi
ons
25.0
9.8
27.9
34.7
39.4
34.2
41.0
65.5
25.9
52.6
Com
mis
sion
s3.
73.
74.
54.
65.
15.
04.
94.
94.
54.
0M
anag
emen
t exp
ense
s7.
77.
79.
48.
112
.812
.514
.316
.917
.817
.9Ex
traor
dina
ry it
ems
0.0
0.0
-0.2
0.0
0.0
0.0
0.0
0.0
0.0
-0.3
Polic
yhol
ders
' div
iden
ds3.
43.
13.
32.
92.
52.
73.
53.
42.
01.
4O
ther
exp
ense
s6.
14.
63.
11.
72.
00.
70.
92.
80.
96.
2T
otal
exp
ense
s61
.260
.067
.973
.488
.782
.410
3.0
123.
991
.012
0.6
Net
inco
me
befo
re ta
xes
8.5
9.0
6.5
14.3
4.6
6.7
19.1
11.9
27.0
12.8
Taxe
s2.
63.
12.
16.
9-4
.21.
32.
81.
91.
02.
0
Net
inco
me
5.9
5.9
4.4
7.4
8.8
5.4
16.3
10.0
26.0
10.8
73
TA
BL
E B
32: L
IFE
INSU
RA
NC
E C
OM
PAN
IES
- FIN
AN
CIA
L R
AT
IOS
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
1. L
iqui
dity
ratio
0.08
0.12
0.09
0.18
0.13
0.13
0.12
0.16
0.07
0.15
Cur
rent
ass
ets t
o to
tal a
sset
s
2. R
etur
n on
inve
stm
ents
ratio
0.08
0.09
0.09
0.07
0.06
0.07
0.07
0.07
0.07
0.07
Inve
stm
ent i
ncom
e to
ave
rage
inve
sted
ass
ets
3. C
over
age
ratio
1)
1.91
1.32
1.34
1.17
1.19
1.18
1.19
1.19
1.18
1.30
Wei
ghte
d as
sets
less
bor
row
ings
to te
chni
cal p
rovi
sion
s
1) T
he c
alcu
latio
n of
the
cove
rage
ratio
can
not b
e de
rived
from
Tab
le B
30.
74
TA
BL
E B
33: C
OM
PAN
Y P
EN
SIO
N F
UN
DS
- BA
LA
NC
E S
HE
ET
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
ASS
ET
S1.
Inve
stm
ents
148.
314
9.0
168.
018
2.2
192.
021
9.7
238.
719
7.8
221.
322
9.9
a. S
hare
s53
.041
.343
.147
.852
.455
.962
.949
.755
.065
.3b.
Bon
ds37
.141
.148
.353
.657
.772
.085
.875
.589
.997
.7c.
Rea
l est
ate
6.0
6.5
6.5
6.5
9.6
9.6
9.6
10.3
13.0
12.6
d. T
ime
depo
sits
26.0
30.9
39.7
37.1
36.0
40.7
36.3
16.8
18.3
15.7
e. M
orta
ge lo
ans
17.6
20.5
14.8
13.7
13.6
15.0
15.8
16.2
17.9
18.4
f. O
ther
inve
stm
ents
8.6
8.7
15.6
23.5
22.7
26.5
28.3
29.3
27.2
20.2
2. F
ixed
ass
ets
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3. C
urre
nt a
sset
s9.
312
.014
.918
.021
.015
.316
.117
.319
.632
.8
Tot
al a
sset
s15
7.6
161.
018
2.9
200.
221
3.0
235.
025
4.8
215.
124
0.9
262.
7
CA
PIT
AL
AN
D L
IAB
ILIT
IES
4. T
echn
ical
pro
visi
ons
136.
414
1.5
159.
417
2.2
181.
719
5.2
216.
419
3.5
209.
022
4.2
5. L
ong-
term
liab
ilitie
s0.
80.
70.
80.
20.
30.
20.
20.
20.
20.
16.
Cur
rent
liab
ilitie
s1.
92.
52.
53.
11.
52.
32.
03.
62.
01.
67.
Cap
ital a
nd re
serv
es18
.516
.320
.224
.729
.537
.336
.217
.829
.736
.8
Tot
al c
apita
l and
liab
ilitie
s15
7.6
161.
018
2.9
200.
221
3.0
235.
025
4.8
215.
124
0.9
262.
7
75
TA
BL
E B
34: C
OM
PAN
Y P
EN
SIO
N F
UN
DS
- IN
CO
ME
ST
AT
EM
EN
T
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
Inco
me
Prem
ium
inco
me
9.2
9.7
9.9
11.5
11.3
11.6
12.4
12.7
13.5
14.6
Inve
stm
ent i
ncom
e-2
.6-0
.716
.512
.513
.717
.616
.2-1
8.3
23.7
18.8
Oth
er in
com
e1.
20.
60.
00.
70.
10.
50.
50.
00.
00.
0T
otal
inco
me
7.8
9.6
26.4
24.7
25.1
29.7
29.1
-5.6
37.2
33.4
Exp
ense
sC
hang
e in
tech
nica
l pro
visi
ons
12.5
13.1
15.4
12.8
12.9
14.4
21.5
3.3
15.4
15.3
Pens
ion
bene
fits p
aid
4.1
4.3
4.3
4.8
5.1
5.6
6.2
6.8
7.2
7.8
Rei
nsur
ance
net
1.1
0.8
1.3
1.2
0.5
0.4
0.6
0.4
0.7
0.3
Man
agem
ent e
xpen
ses
1.0
1.4
1.3
1.3
1.6
1.6
2.0
1.8
1.8
2.0
Oth
er e
xpen
ses
0.0
0.0
0.0
0.0
0.6
0.0
0.0
0.3
0.2
0.9
Tot
al e
xpen
ses
18.7
19.6
22.3
20.1
20.7
22.0
30.3
12.6
25.3
26.3
Net
res
ult
-10.
9-1
0.0
4.1
4.6
4.4
7.7
-1.2
-18.
211
.97.
1
76
TA
BL
E B
35: C
OM
PAN
Y P
EN
SIO
N F
UN
DS
- FIN
AN
CIA
L R
AT
IOS
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
1. L
iqui
dity
ratio
0.06
0.07
0.08
0.09
0.10
0.06
0.06
0.08
0.08
0.12
Cur
rent
ass
ets t
o to
tal a
sset
s
2. R
etur
n on
inve
stm
ents
ratio
-0.0
2-0
.01
0.10
0.07
0.07
0.09
0.07
-0.0
80.
110.
08In
vest
men
t inc
ome
to a
vera
ge in
vest
ed a
sset
s
3. C
over
age
ratio
1)
1.07
1.03
1.05
1.07
1.08
1.12
1.09
1.03
1.07
1.09
Inve
stm
ents
& c
ash
min
us c
ushi
on to
tech
nica
l pro
visi
ons
1) T
he c
alcu
latio
n of
the
cove
rage
ratio
can
not b
e de
rived
from
Tab
le B
33.
77
TA
BL
E B
36 :
MO
NE
Y T
RA
NSF
ER
CO
MPA
NIE
S - B
AL
AN
CE
SH
EE
T
End
of p
erio
d20
0620
0720
0820
0920
1020
11 p
1. A
sset
sa.
Non
cur
rent
ass
ets
0.6
0.5
0.4
0.3
0.5
0.2
b. C
urre
nt a
sset
s6.
86.
15.
66.
16.
57.
2c.
Cas
h an
d B
anks
5.3
6.8
9.1
9.3
9.9
10.5
Tot
al a
sset
s12
.713
.415
.115
.816
.917
.9
2. C
apita
l and
liab
ilitie
sa.
Non
cur
rent
liab
ilitie
s0.
30.
20.
20.
20.
20.
0b.
Cur
rent
liab
ilitie
s0.
51.
92.
41.
71.
51.
3c.
Equ
ity11
.911
.412
.513
.815
.316
.6
Tot
al c
apita
l and
liab
ilitie
s12
.713
.415
.115
.816
.917
.9
78
TA
BL
E B
37: M
ON
EY
TR
AN
SFE
R C
OM
PAN
IES
- IN
CO
ME
ST
AT
EM
EN
T
2006
2007
2008
2009
2010
2011
p
Gro
ss m
argi
nG
ross
mar
gin
mon
ey tr
ansf
er6.
26.
46.
36.
35.
44.
7G
ross
mar
gin
othe
r act
iviti
es1.
41.
11.
11.
10.
80.
6T
otal
gro
ss m
argi
n7.
67.
57.
47.
46.
25.
3
Oth
er e
xpen
ses
Sala
ries &
em
ploy
ee b
enef
its1.
72.
12.
32.
42.
42.
0G
ener
al e
xpen
ses
1.4
1.7
1.9
1.9
1.9
1.4
Oth
er e
xpen
ses
0.2
0.2
0.2
0.2
0.2
0.1
Tot
al o
ther
exp
ense
s3.
34.
04.
44.
44.
43.
5
Res
ult f
rom
ope
ratio
ns4.
33.
53.
02.
91.
81.
8
Inte
rest
inco
me
(exp
ense
s)0.
00.
00.
00.
00.
00.
0O
ther
inco
me
(loss
es)
0.0
0.0
0.0
0.0
0.1
0.1
Net
inco
me
befo
re ta
xatio
n4.
33.
53.
02.
91.
91.
8
Taxe
s1.
20.
00.
00.
00.
60.
0
Net
inco
me
afte
r ta
xes
3.1
3.5
3.0
2.9
1.3
1.8
79
0
500
1,000
1,500
2,000
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
In Afl. m
illion
Chart B2: Net domestic and net foreign assets (excluding revaluation differences)
Net domestic assets Net foreign assets
‐500
500
1,500
2,500
3,500
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
In Afl. m
illion
Chart B4: Money supply
Money Quasi‐money Broad money
0
100
200
300
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
In Afl. m
illion
Chart B1: Florin currency issued
Bank notes Coins Total currency
‐200
300
800
1,300
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
In Afl. m
illion
Chart B3: Net foreign assets
CBA Commercial banks Total
80
0
200
400
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Chart B8: Development coverage rationonlife insurance companies
Coverage ratio nonlife insurance companies Minimum required coverage ratio
0
500
1,000
1,500
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart B5: Commercial loansbanking sector
0
1,000
2,000
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart B6: Loans to individuals Banking sector
Consumer credit Housing mortgages Total
0
1000
2000
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart B7: Housing mortgages financial sector
Commercial banks Mortgage banks Pension funds Life insurance companies Other
81
90110130150170190210
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Chart B11: Development coverage ratio life insurance companies
Coverage ratio life insurance companies Minimum required coverage ratio
90
100
110
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Chart B10: Development coverage ratiocompany pension funds
Coverage ratio company pension funds Minimum required coverage ratio
4.0
9.0
I II III IV
In perce
nt
Chart B12: Development nonperforming loans (gross) to total gross loanscommercial banks
2007 2008 2009 2010 2011
0.0
20.0
40.0
60.0
80.0
2006 2007 2008 2009 2010
In Afl. m
illions
Chart B9: Net earned premium by indemnity groupgeneral insurance companies
Accident and health Motor vehicle Marine, transport and aviation Property Other Total
82
0
20
40
2007 ‐ I
2007 ‐ II
2007 ‐ III
2007 ‐ IV
2008 ‐ I
2008 ‐ II
2008 ‐ III
2008 ‐ IV
2009 ‐ I
2009 ‐ II
2009 ‐ III
2009 ‐ IV
2010 ‐ I
2010 ‐ II
2010 ‐ III
2010 ‐ IV
2011 ‐ I
2011 ‐ II
2011 ‐ III
2011 ‐ IV
In perce
nt
Chart B14: Development nonperforming loans (gross) to total gross loans by category commercial banks
Commercial current accounts Commercial term loans Commercial mortgage loansHousing mortgage loans Other individual loans
0510152025
I II III IV
In perce
nt
2007 2008 2009 2010 2011
Chart B15: Development nonperforming loans (gross) to total gross loansbank‐like institutions
0
50
2007 ‐ I
2007 ‐ II
2007 ‐ III
2007 ‐ IV
2008 ‐ I
2008 ‐ II
2008 ‐ III
2008 ‐ IV
2009 ‐ I
2009 ‐ II
2009 ‐ III
2009 ‐ IV
2010 ‐ I
2010 ‐ II
2010 ‐ III
2010 ‐ IV
2011 ‐ I
2011 ‐ II
2011 ‐ III
2011 ‐ IV
In perce
nt
Chart B16: Development nonperforming loans (gross) to total gross loans by category bank‐like institutions
Commercial Term Loans Commercial Mortgages Housing MortgagesIndividual Other Total
5
7
9
11
2007 ‐ I
2007 ‐ II
2007 ‐ III
2007 ‐ IV
2008 ‐ I
2008 ‐ II
2008 ‐ III
2008 ‐ IV
2009 ‐ I
2009 ‐ II
2009 ‐ III
2009 ‐ IV
2010 ‐ I
2010 ‐ II
2010 ‐ III
2010 ‐ IV
2011 ‐ I
2011 ‐ II
2011 ‐ III
2011 ‐ IV
In perce
nt
Chart B13: Development nonperforming loans (gross) to total gross loans commercial banks
83
C Interest rates
TA
BL
E C
1: IN
TE
RE
ST R
AT
ES
OF
CO
MM
ER
CIA
L B
AN
KS
(Ave
rage
s of m
onth
-end
rate
s)
Tim
e de
posi
tsSa
ving
sLo
ans
Dep
osits
Afl.
10,
000
to le
ss th
an A
fl. 1
00,0
00A
fl. 1
00,0
00 a
nd a
bove
Cur
rent
Mor
t-ac
coun
tga
ges
3-m
onth
6-m
onth
12-m
onth
3-m
onth
6-m
onth
12-m
onth
24-m
onth
Perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0)
1986
5.9
6.4
6.9
6.3
6.8
7.3
7.8
5.4
11.0
12.0
1987
6.0
6.6
7.1
6.3
6.9
7.4
8.3
5.2
10.3
11.7
1988
5.9
6.7
7.4
6.4
7.2
7.8
8.6
5.2
10.2
11.5
1989
5.9
6.7
7.3
6.5
7.3
7.9
8.8
5.2
10.5
11.0
1990
6.1
6.7
7.3
6.9
7.4
8.0
9.0
5.2
10.6
11.0
1991
5.4
6.5
7.2
6.7
7.0
7.8
8.8
5.2
10.6
11.4
1992
5.4
5.9
6.5
5.6
6.1
6.8
7.6
5.2
10.6
11.4
1993
4.4
4.9
6.1
4.6
5.3
6.5
7.2
4.3
10.6
11.4
1994
3.6
4.0
5.7
3.6
4.2
6.1
6.1
4.0
10.6
11.4
1995
4.1
4.4
5.7
4.4
5.0
6.2
6.3
4.0
10.6
11.4
1996
4.0
4.3
5.9
4.5
5.1
6.4
6.5
4.0
10.3
11.3
1997
4.0
4.4
5.9
4.6
5.3
6.3
6.5
4.0
10.2
11.2
1998
1)
4.1
4.4
6.0
4.6
5.4
6.4
6.5
4.0
10.0
11.2
1) B
ased
on
Janu
ary
- Aug
ust f
igur
es.
87
TA
BL
E C
2: I
NT
ER
EST
RA
TE
S O
F C
OM
ME
RC
IAL
BA
NK
S(W
eigh
ted
aver
ages
rela
ted
to tr
ansa
ctio
ns d
urin
g th
e in
dica
ted
peri
od)
Tim
e de
posi
tsSa
ving
sW
eigh
ted
Loan
sW
eigh
ted
Inte
rest
depo
sits
aver
age
aver
age
rate
≤12
mon
ths
>12
mon
ths
rate
of
Indi
vidu
alC
omm
erci
alra
te o
fm
argi
n
inte
rest
on
inte
rest
on
depo
sits
Con
sum
er
Hou
sing
Mor
tgag
esO
ther
loan
scr
edit
mor
tgag
eslo
ans 1
)
Perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0=9-
4)
1998
2)
5.8
7.8
3.8
6.2
17.1
11.1
10.5
11.4
13.1
6.9
1999
5.8
7.7
3.8
6.2
17.1
10.9
10.4
10.8
13.0
6.8
2000
6.0
7.7
3.9
6.2
17.2
10.7
10.8
10.4
12.0
5.8
2001
5.3
7.7
3.8
5.8
17.2
10.9
10.7
10.1
12.1
6.2
2002
5.2
7.1
3.7
5.5
16.7
10.3
10.0
10.6
12.8
7.3
2003
5.2
6.4
3.8
5.3
16.3
9.5
9.5
8.9
11.4
6.1
2004
3.6
6.0
3.9
4.4
16.5
9.8
8.8
8.9
11.4
7.0
2005
3.4
5.3
4.1
4.0
16.0
9.6
8.7
9.0
11.4
7.4
2006
3.7
5.1
4.4
3.9
15.8
9.4
8.1
9.0
11.1
7.2
2007
3.9
5.3
3.9
4.1
15.6
9.3
8.4
8.6
10.9
6.8
2008
3.2
5.3
3.7
3.6
16.0
9.2
8.4
8.8
11.1
7.5
2009
3.2
4.4
3.0
3.5
15.3
8.4
8.5
8.9
10.7
7.1
2010
2.0
2.8
2.5
2.3
15.1
8.1
7.8
8.6
10.5
8.2
2011
1.4
2.1
2.1
1.7
14.7
7.2
7.1
7.7
9.6
7.9
1) In
clud
ing
curr
ent a
ccou
nt o
verd
raft
faci
litie
s.2)
Bas
ed o
n Se
ptem
ber -
Dec
embe
r fig
ures
.
88
TA
BL
E C
3: C
EN
TR
AL
BA
NK
LE
ND
ING
R
AT
ES
Red
is-
Adv
ance
coun
tIn
% p
er a
nnum
As f
rom
(1)
(2)
Janu
ary
1, 1
986
8.0
9.0
July
1, 1
986
8.5
9.5
Apr
il 1,
199
96.
5Fe
brua
ry 1
, 200
26.
0Ju
ne 2
, 200
35.
0A
pril
24, 2
009
3.0
Oct
ober
1, 2
010
1.0
TA
BL
E C
4: C
EN
TR
AL
BA
NK
OFF
ER
ED
RA
TE
S O
NT
AB
LE
C5:
LO
ND
ON
INT
ER
BA
NK
OFF
ER
ED
C
OM
ME
RC
IAL
BA
NK
S' D
EPO
SIT
S
R
AT
ES
ON
US
DO
LL
AR
DE
POSI
TS
7-da
y30
-day
90-d
ay7-
day
30-d
ay90
-day
Perio
d av
erag
esPe
riod
aver
ages
in %
per
ann
um(1
)(2
)(3
)in
% p
er a
nnum
(1)
(2)
(3)
1986
5.5
5.8
1986
7.0
7.0
6.9
1987
5.2
6.2
6.5
1987
6.8
7.0
7.2
1988
5.6
6.6
6.9
1988
7.7
7.8
8.0
1989
6.9
7.8
8.0
1989
9.3
9.2
9.3
1990
6.8
7.4
7.5
1990
8.2
8.3
8.3
1991
5.0
5.4
5.4
1991
5.9
5.9
6.0
1992
3.0
3.2
3.2
1992
3.7
3.7
3.9
1993
2.0
2.1
2.2
1993
3.1
3.2
3.3
1994
3.1
3.2
3.5
1994
4.3
4.5
4.7
1995
3.6
4.0
4.1
1995
5.9
6.0
6.0
1996
3.0
3.3
3.4
1996
5.4
5.4
5.5
1997
3.0
3.4
3.4
1997
5.6
5.6
5.8
1998
2.8
3.4
3.4
1998
5.5
5.6
5.6
1999
2.6
3.0
3.1
1999
5.2
5.3
5.4
2000
3.4
3.5
3.5
2000
6.4
6.4
6.5
2001
2.2
2.2
2.3
2001
4.0
3.9
3.8
2002
0.4
0.6
0.7
2002
1.8
1.8
1.8
2003
0.2
0.2
0.2
2003
1.2
1.2
1.2
2004
0.1
0.1
0.2
2004
1.4
1.5
1.6
2005
0.5
0.5
0.6
2005
3.3
3.4
3.6
2006
2.3
2.3
2.4
2006
5.0
5.1
5.2
2007
2.5
2.6
2.6
2007
5.2
5.2
5.3
2008
0.4
0.5
0.5
2008
2.5
2.7
2.9
2009
0.1
0.1
0.1
2009
0.1
0.3
0.7
2010
0.1
0.1
0.1
2010
0.3
0.3
2011
0.1
0.1
0.1
2011
0.2
0.3
Sour
ce: I
nter
natio
nal F
inan
cial
Sta
tistic
s.
89
TA
BL
E C
6: G
OV
ER
NM
EN
T S
EC
UR
ITY
MA
RK
ET
S(T
reas
ury
bills
)
3-m
onth
trea
sury
bill
s3-
mon
th tr
easu
ry b
ills (
cont
inue
d)3-
mon
th tr
easu
ry b
ills (
cont
inue
d)
Dat
e of
Am
ount
Ave
rage
Yie
ldD
ate
ofA
mou
ntA
vera
geY
ield
Dat
e of
Am
ount
Ave
rage
Yie
ldiss
ue(A
fl.pr
ice
per
per a
nnum
issue
(Afl.
pric
e pe
rpe
r ann
umiss
ue(A
fl.pr
ice
per
per a
nnum
mill
ion)
Afl.
100
(%)
mill
ion)
Afl.
100
(%)
mill
ion)
Afl.
100
(%)
End
ofEn
d of
End
ofpe
riod
(1)
(2)
(3)
(4)
perio
d(1
)(2
)(3
)(4
)pe
riod
(1)
(2)
(3)
(4)
1998
Janu
ary
17.0
98.3
46.
5420
03Ja
nuar
y 17
.099
.72
0.87
2008
Janu
ary
17.0
98.8
64.
59Fe
brua
ry15
.098
.32
6.80
Janu
ary
23.0
99.7
50.
98Ja
nuar
y 23
.098
.85
4.64
Apr
il17
.098
.31
6.83
Apr
il17
.099
.75
0.96
Apr
il17
.099
.23
3.06
May
15.0
98.3
06.
82M
ay23
.099
.76
0.95
Apr
il23
.099
.33
2.69
July
17.0
98.2
96.
89Ju
ly17
.099
.67
1.10
July
17
.099
.39
2.43
Aug
ust
15.0
98.3
06.
84Ju
ly35
.099
.37
2.62
July
23.0
99.4
32.
31O
ctob
er17
.098
.31
6.78
Aug
ust
23.0
99.5
11.
73O
ctob
er17
.099
.41
2.35
Nov
embe
r15
.098
.30
6.83
Oct
ober
17.0
99.4
11.
88O
ctob
er23
.099
.43
2.33
Oct
ober
23.0
99.4
22.
0419
99Ja
nuar
y 17
.098
.41
6.46
2009
Janu
ary
17.0
99.7
11.
11Fe
brua
ry15
.098
.38
6.49
2004
Janu
ary
17.0
99.5
81.
33Ja
nuar
y 23
.099
.84
0.63
Apr
il17
.098
.56
5.79
Janu
ary
23.0
99.4
32.
16A
pril
17.0
99.8
10.
75M
ay15
.098
.69
5.18
Apr
il17
.099
.53
2.04
Apr
il23
.099
.82
0.73
July
17.0
98.8
54.
56A
pril
23.0
99.4
42.
11Ju
ly
17.0
99.8
40.
64A
ugus
t15
.098
.81
4.86
July
17
.099
.52
1.93
July
23.0
99.8
50.
60O
ctob
er17
.098
.88
4.44
July
23.0
99.5
01.
87O
ctob
er17
.099
.85
0.59
Nov
embe
r15
.098
.83
4.64
Oct
ober
17.0
99.5
31.
91O
ctob
er23
.099
.86
0.58
Oct
ober
23.0
99.4
92.
2120
00Ja
nuar
y 17
.098
.35
6.57
2010
Janu
ary
17.0
99.8
60.
57Fe
brua
ry15
.098
.41
6.34
2005
Janu
ary
17.0
99.5
11.
95Ja
nuar
y 23
.099
.88
0.48
Apr
il17
.098
.36
6.13
Janu
ary
23.0
99.4
52.
32A
pril
17.0
99.8
90.
43M
ay15
.098
.48
6.12
Apr
il17
.099
.49
2.02
Apr
il23
.099
.92
0.33
July
17.0
98.3
56.
20A
pril
23.0
99.4
81.
95D
ecem
ber
40.0
99.8
40.
63A
ugus
t15
.098
.45
6.21
July
17
.099
.40
2.35
Oct
ober
17.0
98.3
46.
10Ju
ly23
.099
.24
3.15
2011
Mar
ch40
.099
.84
0.63
Nov
embe
r12
.498
.28
6.91
Oct
ober
17.0
99.2
52.
99Ju
ne
25.0
99.8
20.
77O
ctob
er23
.099
.22
3.12
June
40
.099
.77
0.93
2001
Janu
ary
17.0
98.2
86.
93Se
ptem
ber
25.0
99.7
51.
00Fe
brua
ry15
.098
.29
6.77
2006
Janu
ary
17.0
99.1
13.
47Se
ptem
ber
40.0
99.7
51.
00A
pril
17.0
98.3
96.
54Ja
nuar
y 23
.099
.05
3.89
Dec
embe
r 40
.099
.63
1.63
May
15.0
98.3
86.
56A
pril
17.0
99.0
03.
99D
ecem
ber
25.0
99.7
51.
00Ju
ly17
.098
.46
6.13
Apr
il23
.098
.94
4.06
Aug
ust
23.0
98.4
66.
24Ju
ly
17.0
98.9
64.
21O
ctob
er17
.098
.70
5.05
July
23.0
98.7
65.
39N
ovem
ber
23.0
98.7
74.
98O
ctob
er17
.098
.78
4.67
Oct
ober
23.0
98.8
64.
4620
02Ja
nuar
y 17
.099
.46
2.30
Febr
uary
23.0
99.1
43.
6020
07Ja
nuar
y 17
.098
.92
4.34
Apr
il17
.099
.47
2.09
Janu
ary
23.0
98.9
34.
35M
ay23
.099
.46
2.58
Apr
il17
.098
.93
4.34
July
17.0
99.6
81.
03A
pril
23.0
98.9
04.
48Ju
ly*
30.0
99.7
61.
77Ju
ly
17.0
98.8
74.
48A
ugus
t23
.099
.54
1.92
July
23.0
98.8
44.
63O
ctob
er17
.099
.58
1.08
Oct
ober
17.0
98.8
64.
59N
ovem
ber
23.0
99.7
41.
05O
ctob
er23
.098
.83
4.78
* 2-
mon
th tr
easu
ry b
ills.
90
TABLE C6: GOVERNMENT SECURITY MARKETS(cash loan certificates)(continued)
6-month cash loan certificates
Date of Amount Average Yieldissue (Afl. price per per annum
million) Afl. 100 (%)
End ofperiod (1) (2) (3) (4)
1999 June 8.0 97.63 4.86December 8.0 96.95 6.29
2000 June 8.0 96.95 6.29December 8.0 96.55 7.15
2001 June 8.0 96.69 6.49December 8.0 98.95 2.10
2002 June 8.0 99.73 1.06December 8.0 99.72 1.10
2003 June 8.0 99.41 1.06December 8.0 98.93 2.17
2004 June 8.0 98.87 2.29December 8.0 98.38 3.30
2005 June 8.0 98.49 3.21December 8.0 98.28 3.66
2006 June 8.0 97.96 4.41December 8.0 98.46 2.56
2007 June 8.0 97.75 4.60December 8.0 97.61 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 8.0 99.67 0.69September 8.0 99.61 0.81
2012 March 8.0 99.31 1.39
91
TA
BL
E C
7: G
OV
ER
NM
EN
T S
EC
UR
ITY
MA
RK
ET
S(B
onds
and
oth
er d
ebt s
ecur
ities
)
Bon
ds a
nd o
ther
deb
t sec
uriti
es*
Bon
ds a
nd o
ther
deb
t sec
uriti
es*
(con
tinue
d)
Dat
e of
Mat
urity
Cur
renc
yA
mou
ntY
ield
Dat
e of
Mat
urity
Cur
renc
yA
mou
ntY
ield
issue
in y
ears
(Afl.
per a
nnum
issue
in y
ears
(Afl.
per a
nnum
mill
ion)
(%)
mill
ion)
(%)
End
ofEn
d of
perio
d(1
)(2
)(3
)(4
)(5
)pe
riod
(1)
(2)
(3)
(4)
(5)
1988
Febr
uary
3A
fl.4.
78.
400
2003
June
7A
fl.54
.06.
000
Febr
uary
5A
fl.0.
68.
650
Oct
ober
10
USD
98.5
6.71
0Fe
brua
ry7
Afl.
2.2
9.25
020
04A
pril
10U
SD11
9.9
6.80
019
91Fe
brua
ry3
Afl.
5.0
8.75
0Ju
ne
12A
fl.57
.56.
800
Sept
embe
r7
Afl.
25.2
6.30
019
93D
ecem
ber
3A
fl.16
.86.
625
Dec
embe
r12
Afl.
34.0
6.70
0D
ecem
ber
5A
fl.33
.87.
750
2005
Febr
uary
4A
fl.40
.06.
000
1994
Febr
uary
5A
fl.5.
67.
875
Apr
il6
Afl.
40.0
6.50
0Se
ptem
ber
10U
SD16
6.5
6.40
019
95A
pril
5A
fl.30
.07.
875
Sept
embe
r12
Afl.
29.0
6.92
5Se
ptem
ber
5A
fl.21
.57.
625
Dec
embe
r5
Afl.
40.0
7.00
0D
ecem
ber
5A
fl.20
.07.
000
1996
June
5A
fl.5.
47.
625
June
7A
fl.24
.68.
000
2006
Mar
ch9
Afl.
24.4
7.25
0Se
ptem
ber
6A
fl.27
.37.
875
June
12A
fl.34
.37.
500
Sept
embe
r8
Afl.
14.7
8.00
0A
ugus
t10
Afl.
75.0
7.50
0O
ctob
er10
Afl.
8.7
8.50
0N
ovem
ber
12U
SD92
.96.
550
1997
Mar
ch8
Afl.
22.2
8.00
020
07Ju
ne4
Afl.
19.2
6.00
0Ju
ne4
Afl.
10.4
7.62
5A
ugus
t10
Afl.
50.0
7.00
0Ju
ne9
Afl.
15.4
8.12
5N
ovem
ber
12U
SD82
.06.
500
July
10A
fl.14
.08.
750
Nov
embe
r11
Afl.
17.5
7.50
0
1998
July
10A
fl.10
.08.
500
2008
Mar
ch10
Afl.
33.9
7.12
5N
ovem
ber
5U
SD17
.97.
875
May
10A
fl.50
.07.
000
Dec
embe
r7
USD
44.8
8.20
0Se
ptem
ber
5U
SD10
2.6
6.05
0
1999
Janu
ary
7U
SD26
.98.
090
2009
Febr
uary
6A
fl.23
.65.
750
Febr
uary
10A
fl.13
3.9
6.75
020
00A
pril
5A
fl.30
.08.
250
Oct
ober
10A
fl.19
.96.
250
Sept
embe
r5
USD
35.8
8.68
0D
ecem
ber
7A
fl.34
.76.
000
Sept
embe
r7
USD
35.8
8.78
0D
ecem
ber
12A
fl.63
.36.
500
2001
July
7U
SD37
.67.
870
2010
May
5A
fl.23
.54.
750
Dec
embe
r7
USD
24.9
7.12
5Ju
ne10
Afl.
100.
05.
500
June
15A
fl.80
.06.
000
2002
Sept
embe
r7
Afl.
30.0
6.25
0D
ecem
ber
7A
fl.70
.04.
000
Sept
embe
r10
USD
53.7
7.37
5D
ecem
ber
12A
fl.74
.55.
250
Oct
ober
10U
SD62
.76.
190
2011
June
12A
fl.93
.85.
150
June
15A
fl.10
0.0
5.35
0*
Incl
udin
g lo
ans w
hich
are
trad
able
.Se
ptem
ber
13A
fl.29
.54.
500
Nov
embe
r 14
Afl.
100.
05.
500
= m
atur
ed.
Dec
embe
r1
Afl.
55.8
2.85
0D
ecem
ber
7A
fl.5.
84.
500
Dec
embe
r10
Afl.
12.6
5.00
0D
ecem
ber
13A
fl.56
.35.
450
* In
clud
ing
loan
s whi
ch a
re tr
adab
le.
= m
atur
ed.
92
0
5
10
15
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
nt
Chart C1: Interest rates commercial banksweighted averages during period
Loans Interest rate margin Deposits
012345678
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
nt
Chart C2: Weighted average yield on cash loan certificates
01234567
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
nt
Chart C3: Weighted average yield on treasury bills
0
2
4
6
8
10
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
nt
Chart C4: Weighted average yield on government bonds and other debt securities
93
D Public finance
TA
BL
E D
1: G
OV
ER
NM
EN
T F
INA
NC
IAL
OPE
RA
TIO
NS
(I)
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
20
11 p
1. T
otal
reve
nue
602.
762
0.3
627.
664
6.4
705.
774
6.1
735.
775
4.7
989.
083
6.1
909.
198
5.2
1,03
4.0
1,36
5.1
1,10
8.9
1,18
3.9
978.
4A
. Tax
reve
nue
458.
649
1.6
499.
753
5.4
608.
662
4.5
606.
360
9.6
687.
470
7.1
779.
485
0.2
882.
297
7.0
928.
91,
070.
385
6.9
B. N
onta
x re
venu
e14
4.1
128.
712
7.9
111.
097
.112
1.7
129.
414
5.1
301.
712
8.9
129.
713
5.0
151.
838
8.1
180.
011
3.6
121.
5
2. E
xpen
ditu
re62
2.4
678.
268
5.2
643.
070
3.1
724.
576
4.1
866.
091
9.7
1,18
0.4
1,03
4.0
1,09
7.6
1,08
4.2
1,29
0.5
1,22
9.1
1,33
7.0
1,28
9.8
3. L
endi
ng m
inus
repa
ymen
ts31
.937
.416
.2-0
.4-3
8.4
-103
.19.
30.
77.
121
.323
.142
.935
.421
.1
4. F
inan
cial
def
icit
(-)
-19.
6-5
7.9
-57.
5-2
8.5
-34.
85.
4-2
8.0
-72.
917
2.4
-353
.6-1
25.6
-119
.5-7
1.4
51.4
-163
.1-1
88.7
-332
.5 5.
Net
fore
ign
capi
tal
11.7
-8.3
-5.3
50.4
24.0
34.9
38.6
106.
7-2
00.6
95.6
47.1
58.2
29.7
72.6
19.2
57.3
41.2
6. N
et d
omes
tic c
apita
l34
.547
.131
.0-2
2.7
-10.
5-2
6.8
14.2
2.5
9.0
236.
755
.710
9.4
38.4
22.1
104.
2-1
.731
1.7
7. N
et re
cour
se to
the
mon
etar
y sy
stem
(-)
26.6
-19.
1-3
1.8
-0.8
-21.
313
.424
.736
.2-1
9.3
-21.
3-2
2.8
48.1
-3.3
146.
1-3
9.7
-133
.020
.0
8. M
emor
andu
m it
ems
A. U
nmet
fina
ncin
g re
quire
men
ts37
.073
.410
6.2
97.4
86.0
147.
029
7.2
302.
730
2.5
186.
423
5.6
159.
419
6.4
64.4
63.8
46.6
58.2
B. F
inan
cial
def
icit
(-)
-21.
6-9
4.3
-90.
3-1
9.8
-23.
3-5
5.6
-178
.1-7
8.5
172.
6-2
37.4
-174
.7-4
3.3
-108
.418
3.4
-162
.6-1
71.5
-344
.2
Sour
ce: D
epar
tmen
t of F
inan
ce; T
ax C
olle
ctor
's O
ffice
; CB
A.
97
TA
BL
E D
2: G
OV
ER
NM
EN
T F
INA
NC
IAL
OPE
RA
TIO
NS
(II)
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
20
11
1. T
otal
rev
enue
602.
762
0.3
627.
664
6.4
705.
774
6.1
735.
775
4.7
989.
083
6.1
909.
198
5.2
1,03
4.0
1,36
5.1
1,10
8.9
1,18
3.9
978.
4
A. T
ax r
even
ue45
8.6
491.
649
9.7
535.
460
8.6
624.
560
6.3
609.
668
7.4
707.
177
9.4
850.
288
2.2
977.
092
8.9
1,07
0.3
856.
91.
Tax
es o
n in
com
e an
d pr
ofit
21
1.1
223.
323
1.6
251.
630
9.0
309.
630
2.8
301.
333
9.9
321.
936
4.7
397.
131
3.1
353.
833
8.8
356.
235
6.9
2. T
axes
on
com
mod
ities
171.
817
9.6
183.
518
7.7
198.
021
2.6
202.
621
3.5
234.
425
5.4
265.
027
6.4
280.
727
2.7
248.
724
9.8
273.
23.
Tax
es o
n pr
oper
ty
24
.425
.226
.532
.335
.234
.327
.833
.751
.043
.051
.454
.058
.668
.166
.862
.760
.74.
Tax
es o
n se
rvic
es
40
.444
.641
.343
.744
.844
.448
.346
.748
.060
.761
.660
.860
.162
.963
.065
.330
.35.
Tur
nove
r tax
(B.B
.O.)
13
2.2
169.
017
1.4
295.
185
.26.
For
eign
exc
hang
e ta
x10
.918
.916
.820
.221
.623
.624
.814
.414
.026
.236
.862
.037
.550
.440
.241
.350
.6
B. N
onta
x re
venu
e 14
4.1
128.
712
7.9
111.
097
.112
1.7
129.
414
5.1
301.
712
8.9
129.
713
5.0
151.
838
8.1
180.
011
3.6
121.
51.
Gra
nts
27.1
27.9
38.3
15.7
1.4
16.9
0.0
37.4
30.5
31.2
28.6
32.7
34.1
275.
552
.46.
10.
02.
Oth
er n
onta
x re
venu
e 11
7.0
100.
889
.695
.395
.710
4.8
129.
410
7.7
271.
297
.710
1.0
102.
311
7.7
112.
712
7.6
107.
512
1.5
2. E
xpen
ditu
re62
2.4
678.
268
5.2
643.
070
3.1
724.
576
4.1
866.
091
9.7
1,18
0.4
1,03
4.0
1,09
7.6
1,08
4.2
1,29
0.5
1,22
9.1
1,33
7.0
1,28
9.8
1.W
ages
183.
518
6.4
212.
121
3.1
222.
324
6.3
255.
226
1.7
265.
628
6.2
304.
730
9.2
300.
930
4.5
315.
033
4.7
356.
02.
Em
ploy
er's
cont
ribut
ion
65.2
45.6
42.0
29.0
29.0
38.9
24.2
66.0
66.3
157.
465
.492
.487
.112
7.4
110.
410
9.5
112.
73.
Wag
e su
bsid
ies
55.3
54.5
58.3
76.8
85.6
89.7
91.5
103.
710
5.9
122.
713
5.1
140.
614
2.4
148.
515
3.8
158.
415
7.3
4. G
oods
and
serv
ices
128.
016
3.6
162.
617
7.1
197.
419
2.7
135.
914
9.4
153.
519
1.1
152.
920
3.1
186.
921
5.6
205.
222
1.1
217.
45.
Inte
rest
27.7
30.7
34.3
39.7
44.8
41.6
47.2
49.6
45.6
85.9
84.4
97.4
106.
913
9.7
116.
412
6.9
137.
46.
Dev
elop
men
t fun
d sp
endi
ng14
.032
.629
.116
.16.
60.
00.
03.
716
.632
.721
.234
.538
.736
.241
.043
.726
.17.
Inve
stm
ent
46.0
55.0
50.7
31.8
24.8
28.3
18.4
13.3
26.4
34.2
43.2
32.0
18.9
41.6
41.2
32.0
35.6
8. T
rans
fer t
o G
ener
al H
ealth
Insu
ranc
e (A
ZV)
120.
012
9.9
132.
713
0.8
130.
411
9.7
85.1
138.
212
7.6
155.
711
0.8
9. It
ems n
.i.e.
1)
102.
710
9.8
96.2
59.4
92.5
87.1
71.6
88.8
107.
213
9.3
96.7
68.9
117.
413
9.0
118.
415
5.0
136.
5
3. L
endi
ng m
inus
rep
aym
ents
31.9
37.4
16.2
-0.4
-38.
4-1
03.1
9.3
0.7
7.1
21.3
23.1
42.9
35.4
21.1
1. L
endi
ng32
.940
.819
.93.
715
.519
.110
.217
.017
.223
.725
.545
.337
.922
.52.
Rep
aym
ents
-1.0
-3.4
-3.7
-4.1
-53.
9-1
22.2
-1.0
-16.
3-1
0.1
-2.4
-2.4
-2.4
-2.4
-1.4
4. F
inan
cial
def
icit
(-)
-19.
6-5
7.9
-57.
5-2
8.5
-34.
85.
4-2
8.0
-72.
917
2.4
-353
.6-1
25.6
-119
.5-7
1.4
51.4
-163
.1-1
88.7
-332
.5
5. N
et fo
reig
n ca
pita
l11
.7-8
.3-5
.350
.424
.034
.938
.610
6.7
-200
.695
.647
.158
.229
.772
.619
.257
.341
.2A
. Loa
ns re
ceiv
ed20
.20.
00.
055
.626
.773
.449
.313
6.0
293.
611
9.5
266.
492
.982
.013
5.8
60.9
109.
781
.2B
. Rep
aym
ents
on
loan
s-4
5.3
-45.
1-4
2.1
-42.
0-3
9.6
-75.
4-4
7.5
-66.
1-1
26.1
-23.
9-2
10.4
-41.
4-7
5.4
-85.
1-4
3.4
-41.
8-3
5.8
C. O
ther
fina
ncia
l tra
nsac
tions
36.8
36.8
36.8
36.8
36.8
36.8
36.8
36.8
-368
.20.
0-8
.96.
723
.121
.91.
6-1
0.5
-4.2
6. N
et d
omes
tic c
apita
l34
.547
.131
.0-2
2.7
-10.
5-2
6.8
14.2
2.5
9.0
236.
755
.710
9.4
38.4
22.1
104.
2-1
.731
1.7
A. L
oans
rece
ived
36
.967
.663
.419
.90.
028
.524
.633
.049
.232
9.6
122.
510
3.7
55.8
44.4
159.
611
9.3
332.
5B
. Rep
aym
ents
on
loan
s-2
.4-2
0.5
-32.
4-4
2.6
-10.
5-5
5.3
-10.
4-3
0.5
-30.
3-7
4.9
-70.
3-2
1.6
-6.3
-18.
2-5
8.5
-109
.7-6
7.7
C. O
ther
fina
ncia
l tra
nsac
tions
-10.
0-1
8.0
3.4
27.3
-11.
2-4
.23.
1-1
1.3
46.9
7. N
et r
ecou
rse
to th
e m
onet
ary
syst
em (-
)26
.6-1
9.1
-31.
8-0
.8-2
1.3
13.4
24.7
36.2
-19.
3-2
1.3
-22.
848
.1-3
.314
6.1
-39.
7-1
33.0
20.0
A. L
oans
rece
ived
8.0
0.2
-2.7
7.6
1.0
8.4
-0.3
-3.1
-1.8
-7.2
-55.
410
.9-9
.737
.9-3
2.2
-125
.0-3
.6B
. Dra
win
gs o
n de
posi
ts19
.5-1
7.5
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3.2
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36.6
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C. O
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186.
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64.4
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B. F
inan
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def
icit
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4.3
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98
TA
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EV
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40
3.9
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1.5
602.
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TA
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281.
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348.
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440.
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491.
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133.
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Tax
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154.
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Of w
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Tax
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2.9
2.8
2.8
6.0
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8.8
9.4
12.1
14.7
11.6
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r tax
3.2
2.4
3.0
3.8
5.2
3.7
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9.0
Tax
es o
n se
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7.4
9.9
10.9
14.3
14.5
14.9
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Tur
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Fore
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tax
10.2
11.3
10.7
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21.6
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NO
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109.
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Of w
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105.
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2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
TO
TA
L R
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73
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TA
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302.
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339.
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Of w
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Tax
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9.7
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27.5
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24.9
26.6
21.6
21.5
28.7
26.0
25.6
-Tra
nsfe
r tax
4.2
5.9
7.5
7.9
8.4
8.2
17.6
13.7
18.2
18.0
13.5
Tax
es o
n se
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.748
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ch:
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s16
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.117
.223
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.223
.224
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-H
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room
tax
26.6
24.8
25.1
30.5
33.9
32.8
33.2
36.1
33.7
41.8
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92.
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31.
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41.
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3.7
2.7
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2.8
0.0
0.0
0.0
0.0
0.0
Tur
nove
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2.2
169.
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1.4
295.
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Fore
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tax
24.8
14.4
14.0
26.2
36.8
62.0
37.5
50.4
40.2
41.3
50.6
NO
NT
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RE
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E12
9.4
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1.7
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Of w
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9.4
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Sour
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Dom
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End
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(3)
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3)(5
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5+6)
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8+9)
10-7
)(1
2)
1987
7.8
0.0
3.7
11.5
14.9
0.0
26.5
21.7
14.8
36.4
10.0
60.3
1988
8.4
0.0
7.7
16.1
1.9
0.0
18.0
34.3
2.9
37.2
19.1
9.1
1988
d8.
40.
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716
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00.
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937
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219
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3.8
1992
2.0
4.5
17.2
23.7
10.6
0.0
34.3
37.1
4.3
41.4
7.1
8.0
1993
9.6
36.3
12.7
58.6
20.9
0.0
79.5
37.9
11.2
49.0
-30.
4-3
7.5
1994
13.1
50.6
8.0
71.7
37.9
0.0
109.
638
.537
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4.1
-3.7
1995
0.7
90.5
8.7
100.
029
.10.
012
9.1
39.4
29.0
68.4
-60.
6-2
6.6
1996
1.3
88.7
2.6
92.6
18.9
0.0
111.
541
.228
.870
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1.5
19.1
1997
18.2
40.3
9.8
68.3
15.9
0.0
84.2
43.0
31.5
74.5
-9.7
31.8
1998
5.3
50.5
9.8
65.6
11.3
0.0
76.8
44.0
23.9
67.9
-8.9
0.8
1999
2.6
43.7
9.4
55.6
7.9
0.0
63.6
53.0
22.9
75.9
12.4
21.3
2000
0.0
35.3
22.6
57.8
9.0
0.0
66.9
51.3
14.5
65.8
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-13.
420
0126
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30.
010
3.3
62.8
14.8
77.6
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7-2
4.7
2002
12.3
51.9
47.9
112.
28.
123
.114
3.4
63.6
17.9
81.4
-61.
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6.2
2003
35.4
1.4
30.5
67.3
10.8
48.7
126.
864
.519
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2.6
19.3
2004
5.4
1.1
41.7
48.3
6.2
59.0
113.
565
.226
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1.3
21.3
2005
4.7
2.0
0.2
6.9
24.4
117.
914
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68.4
82.3
150.
71.
422
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527
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3.9
187.
869
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1.1
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8.1
2007
3.1
17.4
41.7
62.1
19.6
113.
719
5.5
71.1
81.1
152.
1-4
3.3
3.3
2008
2.9
96.1
84.6
183.
56.
110
7.3
296.
964
.343
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7.5
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46.1
2009
9.4
86.9
104.
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1.2
5.4
91.6
298.
173
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8.5
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1.3
283.
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100.
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101
TA
BL
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5: O
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STA
ND
ING
GO
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RN
ME
NT
DE
BT
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
1. T
otal
deb
t61
7.0
690.
072
6.0
1,02
1.3
1,07
7.8
1,16
8.8
1,30
2.3
1,35
2.8
1,40
0.4
1,22
3.2
1,21
1.6
2. D
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257.
328
9.8
317.
237
3.5
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645
8.7
568.
564
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750.
548
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497.
8
A. N
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9.7
194.
922
0.6
186.
818
9.2
1.Tr
easu
ry b
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31.3
31.4
31.5
31.6
32.0
32.0
32.0
32.0
32.0
32.0
32.0
2. C
ash
certi
ficat
es8.
03.
Gov
ernm
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7.5
7.5
8.0
8.0
58.0
58.6
107.
716
2.9
188.
615
4.8
149.
2
B. N
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8.5
250.
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7.7
333.
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2.6
368.
142
8.8
445.
252
9.9
297.
330
8.6
1. S
hort-
term
75.5
71.3
74.1
77.7
84.1
95.0
97.0
137.
210
9.2
80.2
83.5
a. A
PFA
68.4
65.6
67.4
67.4
68.5
60.0
60.0
60.0
31.9
52.9
70.0
b. S
uppl
iers
' cre
dit
7.1
5.7
6.7
10.3
15.6
24.0
25.0
65.2
64.5
13.9
8.8
c. O
ther
0.0
0.0
0.0
0.0
0.0
11.0
12.0
12.0
12.8
13.4
4.7
2. L
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143.
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9.6
203.
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6.2
248.
527
3.1
331.
830
8.0
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7.1
225.
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120.
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176.
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268.
124
1.0
306.
878
.480
.2b.
SV
b52
.561
.461
.279
.348
.554
.956
.954
.258
.866
.872
.2c.
Priv
ate
loan
s0.
00.
00.
00.
00.
00.
00.
08.
744
.962
.062
.0d.
Oth
er0.
00.
022
.422
.823
.37.
66.
84.
110
.19.
910
.8
3. F
orei
gn d
ebt
359.
740
0.2
408.
864
7.8
655.
271
0.1
733.
871
2.7
649.
973
9.1
713.
7
A. T
he N
ethe
rlan
ds30
4.3
342.
534
2.2
327.
531
9.4
362.
037
3.2
345.
127
5.9
278.
223
1.0
1. D
evel
opm
ent c
oope
ratio
n0.
00.
00.
00.
00.
00.
036
3.4
336.
827
1.0
273.
722
7.6
2. C
omm
erci
al lo
ans
0.0
0.0
0.0
0.0
0.0
0.0
9.9
8.3
5.0
4.6
3.4
B. E
IB12
.912
.712
.511
.214
.018
.222
.421
.419
.019
.516
.5
C. U
.S.A
.5.
88.
317
.59.
611
.58.
86.
33.
61.
545
.172
.1
D. O
ther
36.7
36.7
36.7
299.
531
0.3
321.
133
1.9
342.
735
3.4
396.
339
4.1
Sour
ce: D
epar
tmen
t of F
inan
ce; A
PFA
; CB
A.
102
TA
BL
E D
5: O
UT
STA
ND
ING
GO
VE
RN
ME
NT
DE
BT
(con
tinue
d)
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
p
1. T
otal
deb
t1,
294.
91,
504.
71,
653.
31,
494.
61,
717.
11,
904.
92,
012.
22,
140.
02,
049.
72,
226.
12,
380.
82,
771.
9
2. D
omes
tic d
ebt
550.
770
9.7
733.
374
4.9
823.
897
1.2
1,02
5.2
1,11
5.9
990.
81,
149.
61,
261.
71,
597.
5
A. N
egot
iabl
e16
5.1
179.
218
9.1
218.
532
0.9
377.
146
2.1
525.
651
4.6
672.
285
8.0
1,02
5.3
1.Tr
easu
ry b
ills
29.4
40.0
40.0
40.0
40.0
40.0
40.0
40.0
40.0
40.0
40.0
65.0
2. C
ash
certi
ficat
es8.
08.
08.
08.
08.
08.
08.
08.
00.
08.
00.
08.
03.
Gov
ernm
ent b
onds
127.
713
1.2
141.
117
0.5
272.
932
9.1
414.
147
7.6
474.
662
4.2
818.
095
2.3
B. N
on-n
egot
iabl
e38
5.5
530.
554
4.2
526.
450
2.9
594.
156
3.2
590.
247
6.2
477.
440
3.7
572.
21.
Sho
rt-te
rm13
9.7
270.
229
2.0
296.
112
9.4
158.
810
6.2
154.
250
.553
.836
.744
.2a.
APF
A11
1.2
179.
521
4.1
219.
773
.490
.488
.498
.614
.211
.40.
06.
4b.
Sup
plie
rs' c
redi
t21
.836
.520
.621
.622
.630
.614
.518
.813
.716
.517
.124
.9c.
Oth
er6.
754
.257
.354
.833
.437
.83.
336
.822
.625
.919
.613
.0
2. L
ong-
term
245.
826
0.3
252.
223
0.3
373.
543
5.3
457.
043
6.0
425.
742
3.6
367.
052
8.0
a. A
PFA
78.5
75.4
72.1
78.4
220.
021
8.4
216.
621
4.8
212.
821
0.7
208.
420
6.0
b. S
Vb
94.9
99.4
96.4
90.2
95.2
95.2
95.2
101.
795
.495
.495
.495
.4c.
Priv
ate
loan
s60
.857
.754
.646
.141
.010
2.7
124.
011
9.5
117.
511
7.5
63.2
226.
6d.
Oth
er11
.627
.829
.115
.717
.419
.121
.10.
00.
00.
00.
00.
0
3. F
orei
gn d
ebt
744.
279
5.1
920.
074
9.8
893.
393
3.7
987.
01,
024.
21,
058.
91,
076.
51,
119.
21,
174.
3
A. T
he N
ethe
rlan
ds20
4.4
181.
519
9.6
217.
021
3.1
171.
616
9.7
169.
714
6.8
136.
311
4.0
101.
21.
Dev
elop
men
t coo
pera
tion
201.
017
7.8
195.
921
4.6
210.
616
9.4
167.
316
7.2
144.
413
3.8
111.
999
.22.
Com
mer
cial
loan
s3.
53.
73.
72.
42.
52.
22.
42.
62.
42.
52.
12.
0
B. E
IB14
.413
.015
.013
.614
.312
.012
.813
.812
.512
.311
.110
.0
C. U
.S.A
.14
4.0
181.
824
4.8
244.
830
1.8
136.
813
6.8
183.
214
5.4
289.
428
9.4
289.
4
D. O
ther
381.
441
8.8
460.
627
4.4
364.
161
3.4
667.
765
7.4
754.
163
8.4
704.
677
3.7
Sour
ce: D
epar
tmen
t of F
inan
ce; A
PFA
; CB
A.
103
0200400600800
1,0001,200
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart D2: Tax revenue
Income and profit Commodities Property Services Foreign exchange Sales (BBO)
0100200300400500
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart D3: Non‐tax revenue
Grants Charges and fees Other
0200400600800
1,0001,2001,4001,600
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart D1: Government revenue
0
500
1,000
1,500
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart D4: Revenue vs expenditure
Expenditure Revenue
104
0
1,000
2,000
3,000
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart D5: Outstanding government debt
Domestic Foreign
105
E External sector and exchange rates
TA
BL
E E
1: B
AL
AN
CE
OF
PAY
ME
NT
S SU
MM
AR
Y 1
)
Dur
ing
perio
d19
8619
8719
8819
8919
9019
91 d
1992
1993
1994
1995
1996
1997
1998
1. C
urre
nt a
ccou
nt (n
et)
-34.
9-4
2.1
-96.
4-8
6.8
-297
.1-4
00.2
38.8
28.0
96.9
-38.
3-1
21.5
-361
.6-4
4.3
A. G
oods
and
serv
ices
-25.
9-1
7.1
-64.
4-7
5.2
-267
.2-3
56.6
57.0
69.0
151.
5-6
1.3
-83.
1-3
00.3
-25.
71.
Goo
ds-3
24.2
-368
.7-4
83.8
-527
.9-7
61.4
-938
.1-3
55.3
-334
.7-1
47.1
-446
.7-5
39.8
-700
.1-6
32.5
2. S
ervi
ces
298.
335
1.6
419.
445
2.7
494.
258
1.5
412.
340
3.7
298.
638
5.4
456.
739
9.8
606.
8B
. Inc
ome
-13.
1-2
5.8
-30.
5-2
0.2
-13.
9-1
3.9
-17.
3-3
2.0
-35.
8-2
7.2
-31.
9-4
1.5
-10.
0C
. Cur
rent
tran
sfer
s 4.
10.
8-1
.58.
6-1
6.0
-29.
7-0
.9-9
.0-1
8.8
50.2
-6.5
-19.
8-8
.6
2. C
apita
l and
fina
ncia
l acc
ount
(net
)11
2.7
56.9
93.6
127.
134
2.2
455.
318
.123
.2-6
0.8
73.1
64.3
326.
420
2.7
A. C
apita
l acc
ount
15.4
12.0
13.1
26.2
45.4
37.6
9.3
1. C
apita
l tra
nsfe
rs15
.412
.013
.126
.245
.437
.69.
32.
Acq
uisi
tion/
disp
osal
of n
.p.,
n.f.a
.0.
00.
00.
00.
00.
00.
00.
0B
. Fin
anci
al a
ccou
nt2.
711
.2-7
3.9
46.9
18.9
288.
819
3.4
1. D
irect
inve
stm
ent
-46.
9-1
6.9
-107
.9-1
.015
0.6
353.
714
7.1
2. P
ortfo
lio in
vest
men
t -1
2.2
-7.0
-17.
7-2
9.7
-11.
280
.0-8
5.1
3. F
inan
cial
der
ivat
ives
0.
00.
00.
00.
00.
00.
00.
04.
Oth
er in
vest
men
t 61
.835
.151
.777
.6-1
20.5
-144
.913
1.4
3. It
ems n
ot y
et c
lass
ified
2)
14.1
8.2
3.5
-0.2
-4.4
11.8
8.8
2.9
-3.5
-6.3
10.1
1.2
2.2
4. O
vera
ll ba
lanc
e (1
+2+3
)91
.923
.00.
740
.140
.766
.965
.754
.132
.628
.5-4
7.1
-34.
016
0.6
5. B
anki
ng tr
ansa
ctio
ns 3
)-4
.7-1
4.4
21.3
-50.
5-1
9.8
-26.
0-2
5.3
5.1
-36.
248
.0-0
.14.
9-6
7.7
6. In
crea
se (-
) in
offic
ial r
eser
ves 4
)-8
7.2
-8.6
-22.
010
.4-2
0.9
-40.
9-4
0.4
-59.
23.
6-7
6.5
47.2
29.1
-92.
9A
. Mon
etar
y go
ld0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. For
eign
exc
hang
e ho
ldin
gs-8
7.2
-8.6
-22.
010
.4-2
0.9
-40.
9-4
1.9
-59.
23.
6-7
5.3
50.1
32.8
-102
.0
1) O
n a
cash
bas
is.
2) In
clud
ing
erro
rs a
nd o
mis
sion
s.3)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
4) E
xclu
ding
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
109
TA
BL
E E
1: B
AL
AN
CE
OF
PAY
ME
NT
S SU
MM
AR
Y 1
)(c
ontin
ued)
Dur
ing
perio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. C
urre
nt a
ccou
nt (n
et)
-779
.337
1.0
553.
1-6
09.0
-296
.248
5.1
203.
155
8.5
472.
433
.934
7.1
-762
.6-4
20.3
A. G
oods
and
serv
ices
-608
.255
4.6
770.
7-2
46.7
-43.
581
2.1
1,29
7.2
980.
61,
373.
046
4.1
608.
8-4
29.4
192.
71.
Goo
ds-1
,081
.3-1
03.9
91.9
-947
.5-6
18.6
-276
.623
0.0
-12.
214
3.1
-993
.1-8
89.4
-1,9
94.0
-1,2
74.5
2. S
ervi
ces
473.
165
8.5
678.
870
0.8
575.
11,
088.
71,
067.
199
2.8
1,23
0.0
1,45
7.3
1,49
8.3
1,56
4.6
1,46
7.2
B. I
ncom
e -7
6.4
-43.
0-1
02.5
-242
.9-9
5.6
-133
.0-8
56.5
-189
.4-6
80.2
-199
.3-1
15.9
-211
.8-4
09.3
C. C
urre
nt tr
ansf
ers
-94.
7-1
40.6
-115
.1-1
19.4
-157
.1-1
94.0
-237
.6-2
32.6
-220
.5-2
30.9
-145
.8-1
21.4
-203
.7
2. C
apita
l and
fina
ncia
l acc
ount
(net
)83
0.5
-440
.0-4
13.3
629.
019
4.5
-474
.2-2
91.8
-503
.4-4
20.6
540.
9-1
16.2
581.
340
5.4
A. C
apita
l acc
ount
2.8
20.1
-2.7
38.1
179.
530
.333
.337
.833
.728
1.0
60.9
14.8
5.9
1. C
apita
l tra
nsfe
rs2.
820
.1-2
.840
.417
9.4
30.3
33.3
37.8
33.7
281.
160
.914
.85.
92.
Acq
uisi
tion/
disp
osal
of n
.p.,
n.f.a
.0.
00.
00.
1-2
.40.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. Fin
anci
al a
ccou
nt82
7.7
-460
.1-4
10.6
591.
015
.1-5
04.5
-325
.1-5
41.3
-454
.425
9.9
-177
.256
6.5
399.
51.
Dire
ct in
vest
men
t 84
0.0
-233
.7-4
71.4
606.
429
1.8
-174
.6-3
55.9
417.
7-9
19.9
20.6
-62.
628
0.6
967.
62.
Por
tfolio
inve
stm
ent
-9.2
-10.
476
.113
5.5
76.0
42.4
-13.
5-7
9.3
79.2
108.
26.
720
.27.
83.
Fin
anci
al d
eriv
ativ
es
0.0
0.0
0.0
0.0
0.2
-2.5
2.7
-4.8
1.8
-18.
4-1
.70.
00.
04.
Oth
er in
vest
men
t -3
.1-2
16.0
-15.
4-1
50.9
-352
.9-3
69.8
41.5
-874
.838
4.4
149.
4-1
19.5
265.
7-5
75.9
3. It
ems n
ot y
et c
lass
ified
2)
-32.
022
.3-1
0.1
18.9
40.4
8.9
28.9
0.6
11.2
-22.
5-2
4.7
15.5
-8.2
4. O
vera
ll ba
lanc
e (1
+2+3
)19
.2-4
6.8
129.
739
.0-6
1.2
19.9
-59.
855
.863
.055
2.3
206.
2-1
65.8
-23.
1
5. B
anki
ng tr
ansa
ctio
ns 3
)-1
4.0
19.9
18.5
32.9
-3.8
-17.
120
.142
.814
.4-1
49.1
-145
.014
6.9
-41.
8
6. In
crea
se (-
) in
offic
ial r
eser
ves 4
)-5
.226
.9-1
48.2
-71.
965
.0-2
.839
.7-9
8.6
-77.
4-4
03.2
-61.
218
.964
.9A
. Mon
etar
y go
ld0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. For
eign
exc
hang
e ho
ldin
gs-5
.226
.9-1
48.2
-71.
965
.0-2
.839
.7-9
8.6
-77.
4-4
03.2
-61.
218
.964
.9
1) O
n a
cash
bas
is.
2) In
clud
ing
erro
rs a
nd o
mis
sion
s.3)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
4) E
xclu
ding
reva
luat
ion
diffe
renc
es o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
110
TA
BL
E E
2: B
AL
AN
CE
OF
PAY
ME
NT
S B
Y S
EC
TO
RS
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
1. C
urre
nt a
ccou
nt (n
et)
-121
.5-3
61.6
-44.
3-7
79.3
371.
055
3.1
-609
.0-2
96.2
485.
120
3.1
558.
547
2.4
33.9
347.
1-7
62.6
-420
.3a.
Oil
sect
or-1
06.0
-321
.1-9
.9-6
37.8
466.
162
0.8
-277
.664
.373
3.1
549.
51,
167.
570
8.8
214.
837
0.5
-808
.0-7
9.3
b. N
on-o
il-1
5.5
-40.
5-3
4.4
-141
.5-9
5.2
-67.
7-3
31.4
-360
.4-2
47.9
-346
.4-6
08.9
-236
.4-1
80.9
-23.
445
.4-3
40.9
-Priv
ate
sect
or56
.239
.215
.3-4
6.0
-2.7
21.0
-206
.3-2
36.5
-123
.1-2
23.8
-463
.3-9
7.9
-30.
312
4.7
198.
1-1
83.8
-Pub
lic se
ctor
-71.
7-7
9.7
-49.
7-9
5.5
-92.
5-8
8.7
-125
.1-1
23.9
-124
.8-1
22.6
-145
.6-1
38.5
-150
.6-1
48.1
-152
.7-1
57.1
2. C
apita
l and
fina
ncia
l acc
ount
(net
)64
.332
6.4
202.
783
0.5
-440
.0-4
13.3
629.
019
4.5
-474
.2-2
91.8
-503
.4-4
20.6
540.
9-1
16.2
581.
340
5.4
a. O
il se
ctor
110.
832
3.2
107.
466
1.9
-428
.5-5
77.7
329.
079
.4-6
63.8
-437
.2-9
37.5
-613
.3-7
7.5
-221
.872
2.8
154.
2b.
Non
-oil
-46.
53.
295
.316
8.7
-11.
516
4.4
300.
011
5.2
189.
714
5.5
434.
119
2.7
618.
410
5.6
-141
.525
1.2
-Priv
ate
sect
or-5
5.4
-19.
139
.913
4.5
-67.
811
4.2
151.
413
1.3
62.7
68.0
342.
512
7.9
285.
533
.2-2
02.7
212.
0-P
ublic
sect
or8.
922
.355
.434
.256
.350
.214
8.6
-16.
112
7.0
77.5
91.6
64.8
332.
972
.461
.239
.2
3. It
ems n
ot y
et c
lass
ified
1)
10.1
1.2
2.2
-32.
022
.3-1
0.1
18.9
40.4
8.9
28.9
0.6
11.2
-22.
5-2
4.7
15.5
-8.2
4. O
vera
ll ba
lanc
e (1
+2+3
)-4
7.1
-34.
016
0.6
19.2
-46.
812
9.7
39.0
-61.
219
.9-5
9.8
55.8
63.0
552.
320
6.2
-165
.8-2
3.1
5. B
anki
ng tr
ansa
ctio
ns 2
)-0
.14.
9-6
7.7
-14.
019
.918
.532
.9-3
.8-1
7.1
20.1
42.8
14.4
-149
.1-1
45.0
146.
9-4
1.8
6. In
crea
se (-
) in
offic
ial r
eser
ves 3
)47
.229
.1-9
2.9
-5.2
26.9
-148
.2-7
1.9
65.0
-2.8
39.7
-98.
6-7
7.4
-403
.2-6
1.2
18.9
64.9
Mem
oran
dum
item
s7.
Off
icia
l res
erve
s (in
clud
ing
gold
) 4)
384.
835
9.8
441.
844
0.2
419.
857
8.2
667.
960
8.9
614.
458
8.6
713.
982
8.0
1,24
7.3
1,25
1.8
1,29
5.6
1,27
3.5
8.a.
Tot
al re
serv
es o
f the
mon
etar
y se
ctor
5)
466.
943
7.0
586.
759
9.1
558.
969
8.7
755.
570
0.3
722.
967
7.1
759.
585
9.2
1,42
7.5
1,57
7.0
1,47
3.9
1,49
3.6
b. In
mon
ths o
f mer
chan
dise
impo
rts 6
)-E
nd-o
f-pe
riod
4.1
3.8
3.9
4.0
5.1
6.3
6.5
5.8
5.5
4.7
5.1
5.7
9.3
11.0
10.0
9.1
-Tw
elve
-mon
th a
vera
ge4.
93.
94.
25.
85.
66.
37.
36.
66.
25.
55.
25.
87.
211
.112
.29.
3c.
In m
onth
s of i
mpo
rt pa
ymen
ts 7
)-E
nd-o
f-pe
riod
2.7
2.4
2.7
2.0
2.9
3.6
3.4
3.1
2.9
2.5
2.6
2.8
4.8
5.9
4.8
3.7
-Tw
elve
-mon
th a
vera
ge
3.3
2.5
2.8
3.4
3.2
3.6
3.8
3.6
3.3
2.9
2.7
3.0
3.8
5.9
6.2
4.7
1) In
clud
ing
erro
rs a
nd o
mis
sion
s.2)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
3) E
xclu
ding
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
4) In
clud
ing
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
5) In
clud
ing
gold
.6)
Exc
ludi
ng th
e oi
l sec
tor.
7) T
otal
cur
rent
acc
ount
pay
men
ts (e
xclu
ding
oil
sect
or).
111
TA
BL
E E
3: C
OM
PON
EN
TS
OF
TH
E C
UR
RE
NT
AC
CO
UN
T
Dur
ing
perio
d19
8619
8719
8819
8919
9019
91 d
1992
1993
1994
1995
1996
1997
1998
1. G
oods
and
serv
ices
-25.
9-1
7.1
-64.
4-7
5.2
-267
.2-3
56.6
57.0
69.0
151.
5-6
1.3
-83.
1-3
00.3
-25.
7A
. Goo
ds-3
24.2
-368
.7-4
83.8
-527
.9-7
61.4
-938
.1-3
55.3
-334
.7-1
47.1
-446
.7-5
39.8
-700
.1-6
32.5
1. E
xpor
t f.o
.b.
52.9
80.8
151.
219
1.8
278.
31,
573.
01,
982.
52,
163.
82,
429.
22,
411.
53,
102.
43,
087.
32,
085.
02.
Impo
rt f.o
.b.
377.
144
9.5
635.
071
9.7
1,03
9.7
2,51
1.1
2,33
7.8
2,49
8.5
2,57
6.3
2,85
8.2
3,64
2.2
3,78
7.4
2,71
7.5
B. S
ervi
ces
298.
335
1.6
419.
445
2.7
494.
258
1.5
412.
340
3.7
298.
638
5.4
456.
739
9.8
606.
81.
Rec
eipt
s38
8.2
473.
758
3.4
628.
873
5.7
846.
197
1.7
1,00
2.6
1,03
5.3
1,17
5.8
1,37
7.5
1,46
6.8
1,59
6.8
1.1
Tran
spor
tatio
n12
.112
.917
.424
.526
.472
.456
.436
.960
.687
.710
3.4
89.0
117.
31.
1.1
Pass
enge
r29
.619
.251
.474
.683
.275
.581
.31.
1.2
Frei
ght
26.8
17.7
6.6
9.5
11.4
3.0
1.8
1.1.
3 O
ther
0.0
0.0
2.6
3.6
8.8
10.5
34.2
1.2
Trav
el28
3.0
390.
848
3.7
548.
462
5.6
695.
381
0.6
852.
685
8.6
951.
21,
121.
61,
237.
61,
322.
01.
2.1
Tour
ism
796.
383
5.4
837.
993
1.8
1,09
8.1
1,19
6.3
1,30
6.5
1.2.
2 O
ther
14.3
17.2
20.7
19.4
23.5
41.3
15.5
1.3
Gov
ernm
ent s
ervi
ces,
n.i.e
.22
.125
.330
.723
.422
.516
.022
.228
.535
.134
.233
.530
.826
.71.
4 O
ther
serv
ices
71.0
44.7
51.6
32.5
61.2
62.4
82.5
84.6
81.0
102.
711
9.0
109.
413
0.8
1.4.
1 C
onst
ruct
ion
serv
ices
5.3
12.0
18.1
20.4
10.6
11.2
15.0
1.4.
2 O
ther
serv
ices
, n.i.
e.77
.272
.662
.982
.310
8.4
98.2
115.
8
2. P
aym
ents
89.9
122.
116
4.0
176.
124
1.5
264.
655
9.4
598.
973
6.7
790.
492
0.8
1,06
7.0
990.
02.
1 Tr
ansp
orta
tion
10.0
15.4
18.5
15.7
25.1
24.8
261.
327
6.7
286.
030
7.6
393.
842
1.0
294.
22.
1.1
Pass
enge
r10
.15.
110
.811
.413
.810
.69.
42.
1.2
Frei
ght
233.
024
9.1
256.
528
2.9
361.
438
5.1
273.
32.
1.3
Oth
er18
.222
.518
.713
.318
.625
.311
.52.
2 Tr
avel
22.1
37.7
40.9
50.9
72.1
84.8
111.
312
8.2
140.
115
6.4
214.
428
0.1
241.
22.
2.1
Tour
ism
91.7
103.
111
6.5
130.
117
2.4
234.
619
8.1
2.2.
2 O
ther
19.6
25.1
23.6
26.3
42.0
45.5
43.1
2.3
Gov
ernm
ent s
ervi
ces,
n.i.e
.9.
124
.341
.134
.243
.345
.255
.557
.455
.468
.559
.070
.644
.72.
4 O
ther
serv
ices
48.7
44.7
63.5
75.3
101.
010
9.8
131.
313
6.6
255.
225
7.9
253.
629
5.3
409.
92.
4.1
Con
stru
ctio
n se
rvic
es1.
58.
812
0.9
85.2
36.9
42.5
80.7
2.4.
2 O
ther
serv
ices
, n.i.
e.12
9.8
127.
813
4.3
172.
721
6.7
252.
832
9.2
2. In
com
e-1
3.1
-25.
8-3
0.5
-20.
2-1
3.9
-13.
9-1
7.3
-32.
0-3
5.8
-27.
2-3
1.9
-41.
5-1
0.0
1. R
ecei
pts
13.0
16.0
19.5
24.0
26.5
32.1
29.0
28.2
22.4
31.7
34.3
37.1
72.5
1.1
Com
pens
atio
n of
em
ploy
ees
3.1
4.3
5.3
2.4
1.9
1.7
0.7
1.2
Inve
stm
ent i
ncom
e25
.923
.917
.129
.332
.435
.471
.8
2. P
aym
ents
26.1
41.8
50.0
44.2
40.4
46.0
46.3
60.2
58.2
58.9
66.2
78.6
82.5
2.1
Com
pens
atio
n of
em
ploy
ees
7.3
5.5
4.2
4.2
4.3
0.4
0.6
2.2
Inve
stm
ent i
ncom
e39
.054
.754
.054
.761
.978
.281
.9
3. C
urre
nt tr
ansf
ers
4.1
0.8
-1.5
8.6
-16.
0-2
9.7
-0.9
-9.0
-18.
850
.2-6
.5-1
9.8
-8.6
1. R
ecei
pts
32.9
25.9
25.8
34.8
43.0
49.8
14.8
13.4
12.9
77.4
32.9
33.0
52.4
1.1
Gen
eral
gov
ernm
ent
3.3
0.6
1.8
28.5
9.1
13.2
22.1
1.2
Oth
er se
ctor
s11
.512
.811
.148
.923
.819
.830
.31.
2.1
Wor
kers
' rem
ittan
ces
0.0
0.0
0.0
0.0
1.0
1.6
2.2
1.2.
2 O
ther
tran
sfer
s11
.512
.811
.148
.322
.818
.228
.1
2. P
aym
ents
28.8
25.1
27.3
26.2
59.0
79.5
15.7
22.4
31.7
27.2
39.4
52.8
61.0
2.1
Gen
eral
gov
ernm
ent
4.9
4.9
5.1
4.2
12.5
19.2
21.9
2.2
Oth
er se
ctor
s10
.817
.526
.623
.026
.933
.639
.12.
2.1
Wor
kers
' rem
ittan
ces
3.5
2.3
3.8
4.7
8.6
17.5
20.2
2.2.
2 O
ther
tran
sfer
s7.
315
.222
.818
.318
.316
.118
.9
4. C
urre
nt a
ccou
nt b
alan
ce (1
+2+3
)-3
4.9
-42.
1-9
6.4
-86.
8-2
97.1
-400
.238
.828
.096
.9-3
8.3
-121
.5-3
61.6
-44.
3
112
TA
BL
E E
3: C
OM
PON
EN
TS
OF
TH
E C
UR
RE
NT
AC
CO
UN
T(c
ontin
ued)
Dur
ing
perio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. G
oods
and
serv
ices
-608
.255
4.6
770.
7-2
46.7
-43.
581
2.1
1,29
7.2
980.
61,
373.
046
4.1
608.
8-4
29.4
192.
7A
. Goo
ds-1
,081
.3-1
03.9
91.9
-947
.5-6
18.6
-276
.623
0.0
-12.
214
3.1
-993
.1-8
89.4
-1,9
94.0
-1,2
74.5
1. E
xpor
t f.o
.b.
2,48
7.1
4,51
7.1
4,33
7.4
2,66
3.2
3,67
2.8
6,14
8.0
7,90
5.0
8,44
1.7
9,31
9.2
9,76
6.6
3,49
3.7
473.
29,
271.
22.
Impo
rt f.o
.b.
3,56
8.4
4,62
1.0
4,24
5.4
3,61
0.7
4,29
1.4
6,42
4.6
7,67
5.0
8,45
3.8
9,17
6.1
10,7
59.8
4,38
3.1
2,46
7.2
10,5
45.7
B. S
ervi
ces
473.
165
8.5
678.
870
0.8
575.
11,
088.
71,
067.
199
2.8
1,23
0.0
1,45
7.3
1,49
8.3
1,56
4.6
1,46
7.2
1. R
ecei
pts
1,65
7.1
1,81
1.8
1,77
5.1
1,79
6.3
1,87
7.1
2,24
3.6
2,34
1.0
2,34
3.4
2,63
0.7
2,86
1.6
2,72
6.2
2,76
6.5
3,00
1.3
1.1
Tran
spor
tatio
n14
7.6
149.
092
.663
.969
.595
.110
1.4
95.7
101.
810
2.6
109.
192
.311
6.0
1.1.
1 Pa
ssen
ger
95.1
65.1
6.2
1.6
0.2
0.0
0.0
0.2
0.5
1.6
1.2
5.1
12.7
1.1.
2 Fr
eigh
t0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
01.
1.3
Oth
er52
.583
.986
.462
.369
.395
.110
1.3
95.4
101.
310
1.0
107.
987
.210
3.3
1.2
Trav
el1,
304.
71,
457.
91,
471.
21,
493.
51,
536.
61,
892.
21,
964.
51,
904.
72,
167.
62,
413.
82,
179.
92,
228.
22,
420.
11.
2.1
Tour
ism
1,29
0.1
1,44
5.1
1,46
0.3
1,48
0.7
1,52
1.8
1,88
4.6
1,95
9.5
1,89
6.3
2,16
2.4
2,41
0.2
2,17
6.5
2,22
2.7
2,41
3.5
1.2.
2 O
ther
14.6
12.8
10.9
12.9
14.8
7.5
5.0
8.5
5.2
3.6
3.4
5.5
6.7
1.3
Gov
ernm
ent s
ervi
ces,
n.i.e
.31
.430
.023
.731
.525
.428
.130
.134
.833
.829
.835
.626
.631
.81.
4 O
ther
serv
ices
173.
417
4.9
187.
620
7.4
245.
622
8.2
245.
030
8.2
327.
631
5.4
401.
641
9.4
433.
41.
4.1
Con
stru
ctio
n se
rvic
es3.
13.
96.
32.
00.
20.
00.
22.
716
.75.
410
.412
.63.
01.
4.2
Oth
er se
rvic
es, n
.i.e.
170.
417
1.0
181.
320
5.4
245.
422
8.2
244.
930
5.5
311.
031
0.0
391.
240
6.8
430.
4
2. P
aym
ents
1,18
4.1
1,15
3.3
1,09
6.3
1,09
5.5
1,30
2.0
1,15
4.9
1,27
3.8
1,35
0.6
1,40
0.8
1,40
4.3
1,22
7.9
1,20
2.0
1,53
4.1
2.1
Tran
spor
tatio
n38
7.5
503.
047
3.6
388.
847
5.5
324.
928
4.7
301.
930
3.9
344.
223
1.5
194.
534
5.8
2.1.
1 Pa
ssen
ger
19.2
29.8
38.1
22.6
44.4
54.1
43.6
41.1
33.5
39.3
36.8
33.4
34.7
2.1.
2 Fr
eigh
t35
6.5
462.
142
4.5
361.
242
9.1
270.
124
0.5
260.
527
0.3
304.
919
4.7
161.
230
9.7
2.1.
3 O
ther
11.8
11.0
10.9
5.0
2.0
0.8
0.6
0.3
0.1
0.0
0.0
0.0
1.4
2.2
Trav
el25
0.5
261.
524
0.9
284.
633
5.9
389.
940
4.4
389.
844
8.6
449.
143
7.7
437.
848
5.6
2.2.
1 To
uris
m19
8.1
212.
519
1.9
229.
626
9.4
337.
436
5.0
347.
241
0.2
406.
040
5.1
393.
943
9.1
2.2.
2 O
ther
52.4
49.0
49.0
55.0
66.5
52.6
39.4
42.6
38.4
43.1
32.6
43.8
46.5
2.3
Gov
ernm
ent s
ervi
ces,
n.i.e
.44
.541
.141
.355
.661
.157
.849
.760
.161
.562
.975
.868
.764
.42.
4 O
ther
serv
ices
501.
634
7.7
340.
536
6.5
429.
438
2.2
535.
059
8.8
586.
854
8.1
483.
050
1.0
638.
32.
4.1
Con
stru
ctio
n se
rvic
es19
5.0
36.0
27.1
26.5
46.4
45.3
46.9
90.6
88.3
84.7
29.1
39.2
139.
02.
4.2
Oth
er se
rvic
es, n
.i.e.
306.
631
1.7
313.
434
0.1
383.
033
6.9
488.
150
8.2
498.
546
3.4
453.
846
1.9
499.
3
2. In
com
e-7
6.4
-43.
0-1
02.5
-242
.9-9
5.6
-133
.0-8
56.5
-189
.4-6
80.2
-199
.3-1
15.9
-211
.8-4
09.3
1. R
ecei
pts
68.4
94.8
89.2
57.6
58.2
63.8
76.3
112.
116
2.2
128.
910
5.4
80.8
72.8
1.1
Com
pens
atio
n of
em
ploy
ees
1.3
0.1
0.8
0.8
0.4
1.0
1.5
1.7
8.6
8.5
8.9
2.0
1.1
1.2
Inve
stm
ent i
ncom
e67
.194
.888
.456
.857
.862
.874
.911
0.4
153.
612
0.5
96.5
78.8
71.8
2. P
aym
ents
144.
813
7.9
191.
730
0.6
153.
819
6.8
932.
830
1.5
842.
332
8.2
221.
329
2.6
482.
12.
1 C
ompe
nsat
ion
of e
mpl
oyee
s0.
80.
51.
11.
81.
92.
15.
816
.417
.39.
63.
13.
83.
02.
2 In
vest
men
t inc
ome
144.
113
7.4
190.
629
8.8
151.
919
4.7
927.
028
5.1
825.
031
8.6
218.
228
8.8
479.
1
3. C
urre
nt tr
ansf
ers
-94.
7-1
40.6
-115
.1-1
19.4
-157
.1-1
94.0
-237
.6-2
32.6
-220
.5-2
30.9
-145
.8-1
21.4
-203
.71.
Rec
eipt
s65
.070
.775
.473
.473
.280
.191
.296
.510
2.7
123.
612
5.4
125.
713
4.6
1.1
Gen
eral
gov
ernm
ent
21.3
22.6
30.4
24.2
24.3
27.2
31.8
26.6
25.9
31.5
27.9
23.0
22.5
1.2
Oth
er se
ctor
s43
.748
.045
.049
.248
.952
.959
.569
.976
.892
.197
.510
2.7
112.
11.
2.1
Wor
kers
' rem
ittan
ces
-0.3
1.8
1.6
1.6
0.0
1.6
0.0
0.2
0.7
4.4
8.8
6.9
8.5
1.2.
2 O
ther
tran
sfer
s44
.046
.243
.447
.648
.951
.359
.569
.776
.187
.888
.795
.810
3.6
2. P
aym
ents
159.
721
1.3
190.
419
2.8
230.
227
4.1
328.
932
9.2
323.
135
4.5
271.
224
7.1
338.
32.
1 G
ener
al g
over
nmen
t26
.617
.421
.817
.217
.18.
519
.914
.316
.617
.79.
06.
016
.22.
2 O
ther
sect
ors
133.
119
3.9
168.
617
5.6
213.
226
5.6
308.
931
4.8
306.
533
6.9
262.
324
1.1
322.
12.
2.1
Wor
kers
' rem
ittan
ces
48.3
77.8
68.9
80.5
83.4
85.7
105.
111
2.3
113.
612
5.7
124.
211
2.1
111.
12.
2.2
Oth
er tr
ansf
ers
84.8
116.
099
.795
.112
9.8
179.
920
3.9
202.
619
2.8
211.
213
8.0
129.
021
1.1
4. C
urre
nt a
ccou
nt b
alan
ce (1
+2+3
)-7
79.3
371.
055
3.1
-609
.0-2
96.2
485.
120
3.1
558.
547
2.4
33.9
347.
1-7
62.6
-420
.3
113
TA
BL
E E
4: C
OM
PON
EN
TS
OF
TH
E C
API
TA
L A
ND
FIN
AN
CIA
L A
CC
OU
NT
1)
Dur
ing
perio
d19
9219
9319
9419
9519
9619
9719
98 d
1999
2000
2001
1. C
apita
l acc
ount
15.4
12.0
13.1
26.2
45.4
37.6
9.3
2.8
20.1
-2.7
A. C
apita
l tra
nsfe
rs15
.412
.013
.126
.245
.437
.69.
32.
820
.1-2
.81.
1 G
ener
al g
over
nmen
t18
.115
.320
.327
.127
.938
.315
.71.
517
.00.
01.
2 O
ther
sect
ors
-2.7
-3.3
-7.2
-0.9
17.5
-0.7
-6.4
1.3
3.1
-2.8
1.2.
1 M
igra
nts'
trans
fers
-2.7
-3.3
-7.2
-0.9
17.5
-0.7
-6.4
1.3
3.1
-2.8
1.2.
2 O
ther
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
B. A
cqui
sitio
n/di
spos
al o
f n.
p., n
.f.a.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
2. F
inan
cial
acc
ount
2.
711
.2-7
3.9
46.9
18.9
288.
819
3.4
827.
7-4
60.1
-410
.61.
Dire
ct in
vest
men
t-4
6.9
-16.
9-1
07.9
-1.0
150.
635
3.7
147.
184
0.0
-233
.7-4
71.4
1.1
Abr
oad
-17.
8-1
2.3
-2.7
-3.0
-0.6
3.0
-2.5
3.2
-4.8
6.4
1.2
In A
ruba
-29.
1-4
.6-1
05.2
2.0
151.
235
0.7
149.
683
6.7
-228
.9-4
77.8
2. P
ortfo
lio in
vest
men
t-1
2.2
-7.0
-17.
7-2
9.7
-11.
280
.0-8
5.1
-9.2
-10.
476
.12.
1 A
sset
s-9
.79.
429
.51.
12.
811
1.1
-6.1
-67.
8-8
4.4
44.9
2.2
Liab
ilitie
s-2
.5-1
6.4
-47.
2-3
0.8
-14.
0-3
1.1
-79.
058
.673
.931
.23.
Fin
anci
al d
eriv
atie
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
03.
1 A
sset
s0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
03.
2 Li
abili
ties
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4. O
ther
inve
stm
ent
61.8
35.1
51.7
77.6
-120
.5-1
44.9
131.
4-3
.1-2
16.0
-15.
44.
1 A
sset
s-5
.3-2
2.3
23.9
4.1.
1. L
oans
51.5
14.8
32.9
4.1.
2 O
ther
ass
ets
-56.
8-3
7.1
-9.0
4.1.
2.1
Cur
renc
y an
d de
posi
ts-4
2.8
-32.
62.
64.
1.2.
2 O
ther
ass
ets,
n.i.e
.-1
3.9
-4.5
-11.
64.
2 Li
abili
ties
2.2
-193
.7-3
9.3
4.2.
1. L
oans
-1.5
-234
.5-5
8.3
4.2.
1.1
Gen
eral
gov
ernm
ent
-34.
9-7
0.8
-27.
84.
2.1.
2 O
ther
sect
ors
33.3
-163
.7-3
0.5
4.2.
2 O
ther
liab
ilitie
s3.
740
.819
.0
3. C
apita
l and
fina
ncia
l acc
ount
bal
ance
(1+2
)18
.123
.2-6
0.8
73.1
64.3
326.
420
2.7
830.
5-4
40.0
-413
.3
1) E
xclu
ding
ban
king
tran
sact
ions
and
off
icia
l res
erve
s.
114
TA
BL
E E
4: C
OM
PON
EN
TS
OF
TH
E C
API
TA
L A
ND
FIN
AN
CIA
L A
CC
OU
NT
1)
(con
tinue
d)
Dur
ing
perio
d20
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. C
apita
l acc
ount
38.1
179.
530
.333
.337
.833
.728
1.0
60.9
14.8
5.9
A. C
apita
l tra
nsfe
rs40
.417
9.4
30.3
33.3
37.8
33.7
281.
160
.914
.85.
91.
1 G
ener
al g
over
nmen
t37
.418
4.2
30.9
28.5
33.1
34.1
284.
050
.66.
10.
01.
2 O
ther
sect
ors
3.1
-4.8
-0.6
4.8
4.7
-0.3
-3.0
10.4
8.7
5.9
1.2.
1 M
igra
nts'
trans
fers
3.1
-4.8
-0.6
4.7
4.7
-1.1
-3.7
10.4
8.5
5.9
1.2.
2 O
ther
0.0
0.0
0.0
0.1
0.0
0.7
0.7
0.0
0.2
0.0
B. A
cqui
sitio
n/di
spos
al o
f n.
p., n
.f.a.
-2.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2. F
inan
cial
acc
ount
59
1.0
15.1
-504
.5-3
25.1
-541
.3-4
54.4
259.
9-1
77.2
566.
539
9.5
1. D
irect
inve
stm
ent
606.
429
1.8
-174
.6-3
55.9
417.
7-9
19.9
20.6
-62.
628
0.6
967.
61.
1 A
broa
d11
.25.
714
.615
.923
.0-7
0.9
-4.9
-2.6
-4.9
-5.6
1.2
In A
ruba
595.
228
6.1
-189
.3-3
71.8
394.
7-8
49.0
25.5
-60.
028
5.5
973.
22.
Por
tfolio
inve
stm
ent
135.
576
.042
.4-1
3.5
-79.
379
.210
8.2
6.7
20.2
7.8
2.1
Ass
ets
33.5
-43.
4-6
8.4
-52.
6-1
43.8
-75.
0-6
.8-1
9.2
-1.5
-32.
22.
2 Li
abili
ties
102.
011
9.3
110.
839
.264
.515
4.2
115.
025
.921
.740
.03.
Fin
anci
al d
eriv
atie
s0.
00.
2-2
.52.
7-4
.81.
8-1
8.4
-1.7
0.0
0.0
3.1
Ass
ets
0.0
0.2
0.3
4.6
2.1
5.1
0.2
1.1
0.0
0.0
3.2
Liab
ilitie
s0.
00.
0-2
.8-1
.8-6
.9-3
.2-1
8.6
-2.8
0.0
0.0
4. O
ther
inve
stm
ent
-150
.9-3
52.9
-369
.841
.5-8
74.8
384.
414
9.4
-119
.526
5.7
-575
.94.
1 A
sset
s-1
21.9
-16.
8-2
73.3
108.
0-7
53.2
474.
923
6.5
-76.
027
7.8
-955
.74.
1.1.
Loa
ns-1
.2-8
.3-2
.7-6
.24.
49.
8-2
.7-7
.8-6
.2-8
.74.
1.2
Oth
er a
sset
s-1
20.8
-8.4
-270
.611
4.2
-757
.646
5.1
239.
2-6
8.2
284.
0-9
47.0
4.1.
2.1
Cur
renc
y an
d de
posi
ts-1
15.0
-1.8
-261
.911
7.5
-756
.043
9.2
251.
8-1
27.7
316.
1-8
0.8
4.1.
2.2
Oth
er a
sset
s, n.
i.e.
-5.8
-6.6
-8.7
-3.2
-1.6
25.8
-12.
559
.5-3
2.1
-866
.24.
2 Li
abili
ties
-29.
0-3
36.1
-96.
5-6
6.5
-121
.6-9
0.4
-87.
1-4
3.6
-12.
137
9.7
4.2.
1. L
oans
-54.
551
.0-6
9.0
-46.
5-9
0.7
-55.
6-5
3.3
4.0
29.6
-27.
24.
2.1.
1 G
ener
al g
over
nmen
t-3
4.6
82.0
-23.
4-5
.7-2
4.7
-22.
3-4
4.7
-18.
1-2
4.6
-18.
04.
2.1.
2 O
ther
sect
ors
-20.
0-3
0.9
-45.
6-4
0.8
-66.
1-3
3.2
-8.6
22.1
54.1
-9.2
4.2.
2 O
ther
liab
ilitie
s25
.6-3
87.1
-27.
6-2
0.0
-30.
9-3
4.9
-33.
8-4
7.6
-41.
640
6.9
3. C
apita
l and
fina
ncia
l acc
ount
bal
ance
(1+2
)62
9.0
194.
5-4
74.2
-291
.8-5
03.4
-420
.654
0.9
-116
.258
1.3
405.
4
1) E
xclu
ding
ban
king
tran
sact
ions
and
off
icia
l res
erve
s.
115
TA
BL
E E
5: B
AL
AN
CE
OF
PAY
ME
NT
S O
F T
HE
OIL
SE
CT
OR
1)
Dur
ing
perio
d19
8919
9019
91 d
1992
1993
1994
1995
1996
1997
1998
1999
1. C
urre
nt a
ccou
nt (n
et)
-17.
2-1
73.9
-272
.915
4.2
70.7
204.
117
.7-1
06.0
-321
.1-9
.9-6
37.8
A. G
oods
and
serv
ices
-1
5.3
-160
.5-2
61.3
160.
774
.620
8.6
23.4
-100
.8-3
14.0
-2.4
-604
.71.
Goo
ds-2
.0-1
57.6
-296
.521
8.7
143.
948
9.1
273.
818
0.3
-21.
320
6.0
-189
.01.
1 Ex
ports
f.o.
b.0.
041
.21,
222.
91,
471.
41,
588.
42,
001.
21,
875.
12,
574.
12,
462.
11,
530.
42,
134.
01.
2 Im
ports
f.o.
b.2.
019
8.8
1,51
9.4
1,25
2.7
1,44
4.5
1,51
2.1
1,60
1.3
2,39
3.8
2,48
3.4
1,32
4.4
2,32
3.0
2. S
ervi
ces
-13.
3-2
.935
.2-5
8.0
-69.
3-2
80.5
-250
.4-2
81.1
-292
.7-2
08.4
-415
.72.
1 R
ecei
pts
0.0
27.6
68.7
102.
611
8.1
2.0
9.2
1.1
0.0
0.0
2.4
2.2
Paym
ents
13.3
30.5
33.5
160.
618
7.4
282.
525
9.6
282.
229
2.7
208.
441
8.4
B. I
ncom
e-1
.9-4
.7-2
.2-3
.0-1
.6-0
.7-1
.00.
10.
00.
00.
01.
Rec
eipt
s0.
00.
00.
00.
00.
00.
10.
10.
20.
00.
00.
02.
Pay
men
ts1.
94.
72.
23.
01.
60.
81.
10.
10.
00.
00.
0C
. Cur
rent
tran
sfer
s0.
0-8
.7-9
.4-3
.5-2
.3-3
.8-4
.7-5
.3-7
.1-7
.5-3
3.1
1. R
ecei
pts
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.0
0.0
0.0
2. P
aym
ents
0.0
8.7
9.4
3.5
2.3
3.8
4.7
5.4
7.1
7.5
33.1
2. C
apita
l and
fina
ncia
l acc
ount
(net
)16
.820
5.2
312.
4-7
5.5
-52.
2-1
69.4
-23.
211
0.8
323.
210
7.4
661.
9A
. Cap
ital a
ccou
nt0.
00.
00.
00.
00.
00.
00.
00.
01.
Cap
ital t
rans
fers
0.
00.
00.
00.
00.
00.
00.
00.
02.
Acq
uisi
tion/
disp
osal
of n
.p.,
n.f.a
.0.
00.
00.
00.
00.
00.
00.
00.
0B
. Fin
anci
al a
ccou
nt-7
5.5
-52.
2-1
69.4
-23.
211
0.8
323.
210
7.4
661.
91.
Dire
ct in
vest
men
t -7
1.9
-43.
2-1
45.7
-16.
410
8.4
322.
010
8.4
664.
72.
Por
tfolio
inve
stm
ent
0.0
-0.2
-0.9
-0.5
-0.8
-0.8
-1.0
-0.8
3. F
inan
cial
der
ivat
ives
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4. O
ther
inve
stm
ent
-3.6
-8.8
-22.
8-6
.33.
22.
00.
0-2
.0
3. It
ems n
ot y
et c
lass
ified
2)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4. O
vera
ll ba
lanc
e (1
+2+3
)0.
431
.339
.578
.718
.534
.7-5
.54.
82.
197
.524
.1
5. B
anki
ng tr
ansa
ctio
ns 3
)-0
.4-3
1.3
-39.
5-7
8.7
-18.
5-3
4.7
5.5
-4.8
-2.1
-97.
5-2
4.1
6. In
crea
se (-
) in
offic
ial r
eser
ves 4
) 0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0A
. Mon
etar
y go
ld0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. For
eign
exc
hang
e ho
ldin
gs0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0
1) O
n a
cash
bas
is.
2) In
clud
ing
erro
rs a
nd o
mis
sion
s.3)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
4) E
xclu
ding
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
116
TA
BL
E E
5: B
AL
AN
CE
OF
PAY
ME
NT
S O
F T
HE
OIL
SE
CT
OR
1)
(con
tinue
d)
Dur
ing
perio
d20
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. C
urre
nt a
ccou
nt (n
et)
466.
162
0.8
-277
.664
.373
3.1
549.
51,
167.
570
8.8
214.
837
0.5
-808
.0-7
9.3
A. G
oods
and
serv
ices
51
2.5
658.
2-2
50.0
99.0
786.
11,
344.
91,
238.
61,
327.
630
8.3
399.
9-7
97.5
10.9
1. G
oods
903.
91,
030.
335
.148
2.3
945.
61,
552.
31,
382.
11,
533.
248
9.7
451.
4-7
69.8
220.
71.
1 Ex
ports
f.o.
b.4,
336.
14,
142.
12,
513.
03,
559.
06,
045.
07,
794.
58,
304.
19,
186.
09,
605.
03,
333.
925
9.6
9,02
6.8
1.2
Impo
rts f.
o.b.
3,43
2.3
3,11
1.8
2,47
7.9
3,07
6.7
5,09
9.4
6,24
2.2
6,92
2.0
7,65
2.8
9,11
5.3
2,88
2.6
1,02
9.4
8,80
6.1
2. S
ervi
ces
-391
.4-3
72.1
-285
.1-3
83.3
-159
.6-2
07.3
-143
.6-2
05.6
-181
.4-5
1.4
-27.
7-2
09.8
2.1
Rec
eipt
s5.
18.
27.
48.
09.
99.
24.
34.
27.
36.
123
.97.
82.
2 Pa
ymen
ts39
6.5
380.
329
2.5
391.
316
9.4
216.
514
7.9
209.
818
8.7
57.5
51.7
217.
6B
. Inc
ome
0.0
0.0
0.0
-0.5
0.0
-716
.50.
0-5
40.3
0.0
0.1
0.1
0.1
1. R
ecei
pts
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
2. P
aym
ents
0.0
0.0
0.0
0.5
0.0
716.
50.
054
0.4
0.0
0.0
0.0
0.0
C. C
urre
nt tr
ansf
ers
-46.
3-3
7.4
-27.
5-3
4.2
-53.
0-7
9.0
-71.
1-7
8.5
-93.
5-2
9.5
-10.
5-9
0.3
1. R
ecei
pts
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. P
aym
ents
46.3
37.4
27.5
34.2
53.0
79.0
71.1
78.5
93.5
29.5
10.5
90.3
2. C
apita
l and
fina
ncia
l acc
ount
(net
)-4
28.5
-577
.732
9.0
79.4
-663
.8-4
37.2
-937
.5-6
13.3
-77.
5-2
21.8
722.
815
4.2
A. C
apita
l acc
ount
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. C
apita
l tra
nsfe
rs
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. A
cqui
sitio
n/di
spos
al o
f n.p
., n.
f.a.
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
B. F
inan
cial
acc
ount
-428
.5-5
77.7
329.
079
.4-6
63.8
-437
.2-9
37.5
-613
.3-7
7.5
-221
.872
2.8
154.
21.
Dire
ct in
vest
men
t -4
27.0
-593
.542
2.1
49.8
-406
.4-5
57.3
-95.
2-1
,138
.9-3
27.6
-152
.233
2.1
646.
42.
Por
tfolio
inve
stm
ent
-1.3
0.0
-0.9
-1.5
-0.6
-0.7
-1.1
0.0
0.1
-2.3
-0.7
-1.7
3. F
inan
cial
der
ivat
ives
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4. O
ther
inve
stm
ent
-0.3
15.8
-92.
231
.0-2
56.9
120.
7-8
41.2
525.
625
0.0
-67.
339
1.4
-490
.5
3. It
ems n
ot y
et c
lass
ified
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
4. O
vera
ll ba
lanc
e (1
+2+3
)37
.643
.151
.414
3.6
69.2
112.
222
9.9
95.5
137.
314
8.7
-85.
274
.8
5. B
anki
ng tr
ansa
ctio
ns 3
)-3
7.6
-43.
1-5
1.4
-143
.6-6
9.2
-112
.2-2
29.9
-95.
5-1
37.3
-148
.785
.2-7
4.8
6. In
crea
se (-
) in
offic
ial r
eser
ves 4
) 0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0A
. Mon
etar
y go
ld0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. For
eign
exc
hang
e ho
ldin
gs0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0
1) O
n a
cash
bas
is.
2) In
clud
ing
erro
rs a
nd o
mis
sion
s.3)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
4) E
xclu
ding
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
117
TA
BL
E E
6: B
AL
AN
CE
OF
PAY
ME
NT
S O
F T
HE
NO
N-O
IL S
EC
TO
R 1
)
Dur
ing
perio
d19
8919
9019
91 d
1992
1993
1994
1995
1996
1997
1998
1999
1. C
urre
nt a
ccou
nt (n
et)
-69.
6-1
23.2
-127
.3-1
15.4
-42.
7-1
07.2
-56.
0-1
5.5
-40.
5-3
4.4
-141
.5A
. Goo
ds a
nd se
rvic
es
-59.
9-1
06.7
-95.
3-1
03.7
-5.6
-57.
1-8
4.7
17.7
13.7
-23.
3-3
.51.
Goo
ds-5
25.9
-603
.8-6
41.6
-574
.0-4
78.6
-636
.2-7
20.5
-720
.1-6
78.8
-838
.5-8
92.3
1.1
Expo
rts f.
o.b.
191.
823
7.1
350.
151
1.1
575.
442
8.0
536.
452
8.3
625.
255
4.6
353.
11.
2 Im
ports
f.o.
b.71
7.7
840.
999
1.7
1,08
5.1
1,05
4.0
1,06
4.2
1,25
6.9
1,24
8.4
1,30
4.0
1,39
3.1
1,24
5.4
2. S
ervi
ces
466.
049
7.1
546.
347
0.3
473.
057
9.1
635.
873
7.8
692.
581
5.2
888.
72.
1 R
ecei
pts
628.
870
8.1
777.
486
9.1
884.
51,
033.
31,
166.
61,
376.
41,
466.
81,
596.
81,
654.
82.
2 Pa
ymen
ts16
2.8
211.
023
1.1
398.
841
1.5
454.
253
0.8
638.
677
4.3
781.
676
6.0
B. I
ncom
e-1
8.3
-9.2
-11.
7-1
4.3
-30.
4-3
5.1
-26.
2-3
2.0
-41.
5-1
0.0
-76.
41.
Rec
eipt
s24
.026
.532
.129
.028
.222
.331
.634
.137
.172
.568
.42.
Pay
men
ts42
.335
.743
.843
.358
.657
.457
.866
.178
.682
.514
4.8
C. C
urre
nt tr
ansf
ers
8.6
-7.3
-20.
32.
6-6
.7-1
5.0
54.9
-1.2
-12.
7-1
.1-6
1.6
1. R
ecei
pts
34.8
43.0
49.8
14.8
13.4
12.9
77.4
32.8
33.0
52.4
65.0
2. P
aym
ents
26.2
50.3
70.1
12.2
20.1
27.9
22.5
34.0
45.7
53.5
126.
6
2. C
apita
l and
fina
ncia
l acc
ount
(net
)11
0.3
137.
014
2.9
93.6
75.4
108.
696
.3-4
6.5
3.2
95.3
168.
7A
. Cap
ital a
ccou
nt15
.412
.013
.126
.245
.437
.69.
32.
81.
Cap
ital t
rans
fers
15
.412
.013
.126
.245
.437
.69.
32.
82.
Acq
uisi
tion/
disp
osal
of n
.p.,
n.f.a
.0.
00.
00.
00.
00.
00.
00.
00.
0B
. Fin
anci
al a
ccou
nt78
.263
.495
.570
.1-9
1.9
-34.
486
.016
5.9
1. D
irect
inve
stm
ent
25.0
26.3
28.8
15.4
42.2
31.7
38.7
175.
32.
Por
tfolio
inve
stm
ent
-12.
2-6
.8-1
6.8
-29.
2-1
0.4
80.8
-84.
1-8
.33.
Fin
anci
al d
eriv
ativ
es0.
00.
00.
00.
00.
00.
00.
00.
04.
Oth
er in
vest
men
t 65
.443
.983
.583
.9-1
23.7
-146
.913
1.4
-1.1
3. It
ems n
ot y
et c
lass
ified
2)
-0.2
-4.4
11.8
8.8
2.9
-3.5
-6.3
10.1
1.2
2.2
-32.
0
4. O
vera
ll ba
lanc
e (1
+2+3
)40
.59.
427
.4-1
3.0
35.6
-2.1
34.0
-51.
9-3
6.1
63.1
-4.8
5. B
anki
ng tr
ansa
ctio
ns 3
)-5
0.9
11.5
-13.
553
.4-1
4.4
-1.5
42.5
4.7
7.0
29.8
10.1
6. In
crea
se (-
) in
offic
ial r
eser
ves 4
) 10
.4-2
0.9
-40.
9-4
0.4
-59.
23.
6-7
6.5
47.2
29.1
-92.
9-5
.2A
. Mon
etar
y go
ld0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. For
eign
exc
hang
e ho
ldin
gs10
.4-2
0.9
-40.
9-4
0.4
-59.
23.
6-7
6.5
47.2
29.1
-92.
9-5
.2
1) O
n a
cash
bas
is.
2) In
clud
ing
erro
rs a
nd o
mis
sion
s.3)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
4) E
xclu
ding
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
118
TA
BL
E E
6: B
AL
AN
CE
OF
PAY
ME
NT
S O
F T
HE
NO
N-O
IL S
EC
TO
R 1
)(c
ontin
ued)
Dur
ing
perio
d20
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
1020
11
1. C
urre
nt a
ccou
nt (n
et)
-95.
2-6
7.7
-331
.4-3
60.4
-247
.9-3
46.4
-608
.9-2
36.4
-180
.9-2
3.4
45.4
-340
.9A
. Goo
ds a
nd se
rvic
es
42.1
112.
43.
3-1
42.5
26.0
-47.
8-2
58.0
45.4
155.
820
8.9
368.
118
1.9
1. G
oods
-1,0
07.8
-938
.4-9
82.6
-1,1
00.9
-1,2
22.3
-1,3
22.2
-1,3
94.3
-1,3
90.1
-1,4
82.8
-1,3
40.8
-1,2
24.2
-1,4
95.2
1.1
Expo
rts f.
o.b.
181.
019
5.2
150.
211
3.8
102.
911
0.6
137.
613
3.2
161.
615
9.7
213.
624
4.4
1.2
Impo
rts f.
o.b.
1,18
8.8
1,13
3.7
1,13
2.8
1,21
4.7
1,32
5.2
1,43
2.8
1,53
1.9
1,52
3.3
1,64
4.4
1,50
0.6
1,43
7.8
1,73
9.6
2. S
ervi
ces
1,04
9.9
1,05
0.9
985.
995
8.4
1,24
8.3
1,27
4.5
1,13
6.3
1,43
5.6
1,63
8.7
1,54
9.7
1,59
2.3
1,67
7.1
2.1
Rec
eipt
s1,
806.
71,
766.
91,
788.
91,
869.
12,
233.
72,
331.
82,
339.
12,
626.
62,
854.
32,
720.
12,
742.
62,
993.
62.
2 Pa
ymen
ts75
6.8
716.
080
3.0
910.
798
5.5
1,05
7.3
1,20
2.7
1,19
1.0
1,21
5.6
1,17
0.4
1,15
0.3
1,31
6.5
B. I
ncom
e-4
3.0
-102
.5-2
42.9
-95.
1-1
33.0
-140
.0-1
89.4
-139
.8-1
99.3
-116
.0-2
11.9
-409
.41.
Rec
eipt
s94
.889
.257
.658
.263
.876
.311
2.1
162.
112
8.9
105.
380
.772
.72.
Pay
men
ts13
7.9
191.
730
0.6
153.
319
6.8
216.
330
1.5
302.
032
8.2
221.
329
2.6
482.
1C
. Cur
rent
tran
sfer
s-9
4.3
-77.
7-9
1.8
-122
.9-1
41.0
-158
.7-1
61.5
-142
.0-1
37.4
-116
.3-1
10.9
-113
.41.
Rec
eipt
s70
.775
.473
.473
.280
.191
.296
.510
2.7
123.
612
5.4
125.
713
4.6
2. P
aym
ents
164.
915
3.0
165.
319
6.0
221.
124
9.9
258.
124
4.6
261.
124
1.7
236.
524
8.0
2. C
apita
l and
fina
ncia
l acc
ount
(net
)-1
1.5
164.
430
0.0
115.
218
9.7
145.
543
4.1
192.
761
8.4
105.
6-1
41.5
251.
2A
. Cap
ital a
ccou
nt20
.1-2
.738
.117
9.5
30.3
33.3
37.8
33.7
281.
060
.914
.85.
91.
Cap
ital t
rans
fers
20
.1-2
.840
.417
9.4
30.3
33.3
37.8
33.7
281.
160
.914
.85.
92.
Acq
uisi
tion/
disp
osal
of n
.p.,
n.f.a
.0.
00.
1-2
.40.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. Fin
anci
al a
ccou
nt-3
1.6
167.
126
2.0
-64.
315
9.3
112.
139
6.3
158.
933
7.4
44.6
-156
.324
5.3
1. D
irect
inve
stm
ent
193.
312
2.1
184.
224
1.9
231.
720
1.3
512.
921
9.0
348.
289
.6-5
1.5
321.
22.
Por
tfolio
inve
stm
ent
-9.2
76.1
136.
477
.443
.0-1
2.8
-78.
279
.210
8.1
8.9
20.9
9.6
3. F
inan
cial
der
ivat
ives
0.0
0.0
0.0
0.2
-2.5
2.7
-4.8
1.8
-18.
4-1
.70.
00.
04.
Oth
er in
vest
men
t -2
15.7
-31.
2-5
8.7
-383
.9-1
13.0
-79.
2-3
3.6
-141
.1-1
00.5
-52.
2-1
25.7
-85.
4
3. It
ems n
ot y
et c
lass
ified
2)
22.3
-10.
118
.940
.48.
928
.90.
611
.2-2
2.5
-24.
715
.5-8
.2
4. O
vera
ll ba
lanc
e (1
+2+3
)-8
4.4
86.6
-12.
5-2
04.8
-49.
4-1
72.1
-174
.2-3
2.5
415.
057
.5-8
0.7
-98.
0
5. B
anki
ng tr
ansa
ctio
ns 3
)57
.561
.684
.413
9.8
52.1
132.
327
2.7
109.
9-1
1.7
3.7
61.8
33.1
6. In
crea
se (-
) in
offic
ial r
eser
ves 4
) 26
.9-1
48.2
-71.
965
.0-2
.839
.7-9
8.6
-77.
4-4
03.2
-61.
218
.964
.9A
. Mon
etar
y go
ld0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
0B
. For
eign
exc
hang
e ho
ldin
gs26
.9-1
48.2
-71.
965
.0-2
.839
.7-9
8.6
-77.
4-4
03.2
-61.
218
.964
.9
1) O
n a
cash
bas
is.
2) In
clud
ing
erro
rs a
nd o
mis
sion
s.3)
Min
us (-
) sig
n de
note
s an
incr
ease
in a
sset
s and
a d
ecre
ase
in li
abili
ties.
4) E
xclu
ding
reva
luat
ion
diff
eren
ces o
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
119
TA
BL
E E
7: B
RE
AK
DO
WN
OF
ME
RC
HA
ND
ISE
TR
AD
E
Dur
ing
perio
d19
9219
9319
9419
9519
9619
9719
9819
9920
0020
0120
0220
03
1. E
xpor
ts f.
o.b.
1,98
2.5
2,16
3.8
2,42
9.2
2,41
1.5
3,10
2.4
3,08
7.3
2,08
5.0
2,48
7.1
4,51
7.1
4,33
7.4
2,66
3.2
3,67
2.8
A. G
ener
al m
erch
andi
se (N
on-o
il)51
0.0
477.
742
0.2
531.
052
1.1
609.
854
6.6
348.
717
3.4
187.
614
4.8
108.
5
B. G
oods
for p
roce
ssin
g1,
403.
91,
588.
41,
865.
51,
777.
82,
420.
32,
302.
81,
407.
61,
981.
14,
096.
03,
993.
92,
262.
73,
387.
6
C. G
oods
pro
cure
d in
por
ts b
y ca
rrie
rs67
.597
.314
2.8
100.
815
9.5
174.
113
0.2
157.
024
6.7
155.
925
5.8
176.
7
D. R
epai
rs o
n go
ods
1.1
0.4
0.7
1.9
1.5
0.6
0.6
0.3
0.9
0.0
0.0
0.0
2. Im
port
s f.o
.b.
2,33
7.8
2,49
8.5
2,57
6.3
2,85
8.2
3,64
2.2
3,78
7.4
2,71
7.5
3,56
8.4
4,62
1.0
4,24
5.4
3,61
0.7
4,29
1.4
A. G
ener
al m
erch
andi
se1,
239.
41,
192.
91,
229.
51,
483.
31,
337.
21,
479.
81,
711.
51,
634.
41,
512.
11,
744.
51,
743.
61,
903.
01.
Oil
sect
or15
8.0
146.
117
6.4
254.
412
7.7
207.
034
9.6
412.
335
3.3
612.
061
1.5
688.
32.
Non
-oil
sect
or1,
081.
41,
046.
81,
053.
11,
228.
91,
209.
51,
272.
81,
361.
996
6.6
1,02
7.8
998.
41,
036.
01,
148.
5
B. G
oods
for p
roce
ssin
g1,
091.
11,
298.
51,
335.
01,
346.
82,
266.
12,
276.
497
4.8
1,90
6.1
3,07
9.0
2,49
9.8
1,86
6.5
2,38
8.4
C. G
oods
pro
cure
d in
por
ts b
y ca
rrie
rs3.
66.
29.
316
.223
.618
.118
.917
.723
.80.
10.
00.
0
D. R
epai
rs o
n go
ods
3.7
0.9
2.5
11.9
15.3
13.1
12.3
10.2
6.2
1.2
0.7
0.0
3. M
erch
andi
se tr
ade
bala
nce
(1-2
) -3
55.3
-334
.7-1
47.1
-446
.7-5
39.8
-700
.1-6
32.5
-1,0
81.3
-103
.991
.9-9
47.5
-618
.6
120
TA
BL
E E
7: B
RE
AK
DO
WN
OF
ME
RC
HA
ND
ISE
TR
AD
E(c
ontin
ued)
Dur
ing
perio
d20
0420
0520
0620
0720
0820
0920
1020
11
1. E
xpor
ts f.
o.b.
6,14
8.0
7,90
5.0
8,44
1.7
9,31
9.2
9,76
6.6
3,49
3.7
473.
29,
271.
2
A. G
ener
al m
erch
andi
se5,
813.
07,
662.
98,
264.
19,
169.
69,
595.
33,
416.
036
8.0
9,13
1.2
1. O
il se
ctor
5,71
6.5
7,55
8.2
8,13
1.6
9,04
0.2
9,43
7.8
3,26
0.7
159.
38,
890.
12.
Non
-oil
sect
or96
.610
4.7
132.
512
9.4
157.
515
5.3
208.
824
1.1
B. G
oods
pro
cure
d in
por
ts b
y ca
rrie
rs33
4.9
242.
217
7.5
149.
617
1.4
77.7
105.
214
0.0
C. R
epai
rs o
n go
ods
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2. Im
port
s f.o
.b.
6,42
4.6
7,67
5.0
8,45
3.8
9,17
6.1
10,7
59.8
4,38
3.1
2,46
7.2
10,5
45.7
A. G
ener
al m
erch
andi
se1,
726.
97,
649.
98,
453.
49,
174.
510
,755
.34,
382.
72,
466.
810
,543
.91.
Oil
sect
or5,
099.
46,
242.
26,
922.
07,
652.
69,
115.
32,
882.
61,
029.
38,
806.
12.
Non
-oil
sect
or1,
325.
01,
432.
71,
531.
51,
521.
91,
639.
91,
500.
11,
437.
51,
737.
8
B. G
oods
pro
cure
d in
por
ts b
y ca
rrie
rs0.
00.
00.
10.
91.
20.
20.
31.
8
C. R
epai
rs o
n go
ods
0.2
0.1
0.3
0.7
3.3
0.2
0.0
0.1
3. M
erch
andi
se tr
ade
bala
nce
(1-2
) -2
76.6
230.
0-1
2.2
143.
1-9
93.1
-889
.4-1
,994
.0-1
,274
.5
121
TA
BL
E E
8: R
EM
ITT
AN
CE
S B
Y C
OU
NT
RY
Inco
min
g tra
nsfe
rsO
utgo
ing
trans
fers
Net
Net
herla
nds
Net
herla
nds
Col
ombi
aU
.S.A
.O
ther
Tota
lC
olom
bia
Dom
inic
anPe
ruPh
ilipp
ines
U.S
.A.
Oth
erTo
tal
Ant
illes
Rep
ublic
Perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0)(1
1)(1
2)(1
3)(1
4=6-
13)
2001
1.9
0.2
0.3
3.7
2.8
8.9
27.5
7.9
4.2
4.0
3.5
15.0
62.1
-53.
220
022.
50.
30.
43.
33.
29.
734
.69.
44.
14.
23.
716
.972
.9-6
3.2
2003
3.3
0.3
0.5
3.3
2.3
9.7
45.2
10.7
4.2
4.4
4.2
19.2
87.9
-78.
220
043.
70.
40.
42.
82.
69.
958
.511
.06.
13.
14.
216
.499
.3-8
9.4
2005
4.6
0.3
0.6
3.7
3.1
12.3
60.2
11.8
5.1
5.7
4.2
19.3
106.
3-9
4.0
2006
4.4
0.7
0.6
3.2
2.8
11.7
64.0
13.9
5.2
5.8
3.5
20.9
113.
3-1
01.6
2007
4.9
0.3
0.8
3.7
4.2
13.9
63.9
17.2
5.3
6.1
3.7
20.5
116.
7-1
02.8
2008
6.8
0.5
1.0
3.5
5.5
17.3
64.2
17.5
5.3
6.6
4.2
23.1
120.
9-1
03.6
2009
6.2
0.6
1.0
3.3
5.3
16.4
60.3
18.3
5.1
6.6
4.2
24.2
118.
7-1
02.3
2010
6.2
0.8
1.7
3.9
5.8
18.4
54.3
16.5
4.8
6.7
4.0
22.8
109.
1-9
0.7
2011
8.2
0.8
1.8
3.6
6.2
20.6
52.2
17.1
4.8
6.7
3.9
22.1
106.
8-8
6.2
TA
BL
E E
9: R
EM
ITT
AN
CE
S B
Y C
OU
NT
RY
(As a
per
cent
age
of th
e to
tal)
Inco
min
g tra
nsfe
rsO
utgo
ing
trans
fers
Net
herla
nds
Net
herla
nds
Col
ombi
aU
.S.A
.O
ther
Tota
lC
olom
bia
Dom
inic
anPe
ruPh
ilipp
ines
U.S
.A.
Oth
erTo
tal
Ant
illes
Rep
ublic
Perio
d(1
)(2
)(3
)(4
)(5
)(6
)(7
)(8
)(9
)(1
0)(1
1)(1
2)(1
3)
2001
212
342
3110
044
137
66
2410
020
0226
34
3433
100
4713
66
523
100
2003
343
534
2410
051
125
55
2210
020
0437
44
2826
100
5911
63
417
100
2005
372
530
2510
057
115
54
1810
020
0638
65
2724
100
5612
55
318
100
2007
352
627
3010
055
155
53
1810
020
0839
36
2032
100
5314
45
319
100
2009
384
620
3210
051
154
64
2010
020
1034
49
2132
100
5015
46
421
100
2011
404
917
3010
049
164
64
2110
0
122
TA
BL
E E
10:
POR
TFO
LIO
INV
EST
ME
NT
ASS
ET
S B
Y S
EC
UR
ITY
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
(in m
illio
ns o
f U.S
. dol
lars
)
Equi
ty se
curit
ies
194
174
240
266
272
342
402
271
322
399
Deb
t sec
uriti
es13
213
311
512
312
914
310
612
215
415
9of
whi
ch lo
ng-te
rm d
ebt s
ecur
ities
121
119
9282
103
9873
9110
610
8of
whi
ch sh
ort-t
erm
deb
t sec
uriti
es11
1423
4126
4533
3148
51
Tot
al v
alue
of i
nves
tmen
t32
630
735
538
940
148
550
839
347
655
8
TA
BL
E E
11:
POR
TFO
LIO
INV
EST
ME
NT
ASS
ET
S B
Y C
OU
NT
RY
OF
NO
NR
ESI
DE
NT
ISSU
ER
End
of p
erio
d20
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
(in m
illio
ns o
f U.S
. dol
lars
)
Japa
n1
12
710
1612
88
9Lu
xem
bour
g1
5223
4142
49N
ethe
rland
s6
36
2017
3921
1612
13N
ethe
rland
s Ant
illes
1021
2326
2818
3435
4243
Uni
ted
Kin
gdom
74
89
1419
159
88
U.S
.A.
247
227
290
291
291
282
323
233
299
369
Oth
er c
ount
ries
5551
2636
4059
8051
6567
Tot
al v
alue
of i
nves
tmen
t32
630
735
538
940
148
550
839
347
655
8
123
TA
BL
E E
12:
INW
AR
D D
IRE
CT
INV
EST
ME
NT
PO
SIT
ION
S (T
OT
AL
, EQ
UIT
Y A
ND
DE
BT
INST
RU
ME
NT
S)
End
of p
erio
d20
0320
0420
0520
0620
0720
0820
0920
10
(In
mill
ions
of U
.S. d
olla
rs)
EInw
ard
Equi
ty P
ositi
ons
893
1,37
01,
818
2,58
73,
025
3,06
73,
031
2,94
8DIn
war
d D
ebt I
nstru
men
ts P
ositi
ons (
net)
493
170
168
455
258
508
547
804
Tot
al In
war
d D
irec
t Inv
estm
ent P
ositi
ons
1,38
61,
540
1,98
63,
042
3,28
33,
575
3,57
83,
752
TA
BL
E E
13:
INW
AR
D D
IRE
CT
INV
EST
ME
NT
PO
SIT
ION
S B
Y C
OU
NT
RY
OF
INV
EST
ME
NT
End
of p
erio
d20
0320
0420
0520
0620
0720
0820
0920
10
(In
mill
ions
of U
.S. d
olla
rs)
Ang
uilla
03
45
68
1212
Aus
tria
5558
6267
7377
8083
Bah
amas
, The
13
44
5-2
-21
-3C
aym
an Is
land
s4
257
422
771
890
877
704
543
Chi
na, P
.R.:
Hon
g K
ong
176
Cur
acao
469
Indi
a9
99
99
99
9JN
ethe
rland
s75
103
102
64-6
351
104
179
LNet
herla
nds A
ntill
es19
323
127
066
224
389
455
NPan
ama
33
66
66
22
NSpa
in1
5486
7971
60US
t. Lu
cia
00
01
11
11
USw
itzer
land
-223
OUni
ted
Kin
gdom
11
12
22
22
Uni
ted
Stat
es91
469
985
31,
825
1,85
22,
002
2,07
02,
353
Virg
in Is
land
s, B
ritis
h13
117
325
216
819
276
8989
Tot
al In
war
d D
irec
t Inv
estm
ent P
ositi
ons
1,38
6
1,54
0
1,98
6
3,04
2
3,28
3
3,57
5
3,57
8
3,75
2
124
TABLE E14: GROSS EXTERNAL DEBT POSITION OF ARUBA BY SECTOR
End of period 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
1. 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 1,119.21.1 Short-term 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 0.01.1.2 Loans 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.01.1.3 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 2.61.1.4 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
1.2 Long-term 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 1,116.61.2.1 Bonds and notes 82.4 155.8 197.3 306.5 392.4 511.9 566.4 649.5 702.2 796.4 838.1 917.71.2.2 Loans 623.2 569.0 555.6 587.2 331.8 324.4 290.5 284.3 279.9 248.7 228.4 191.61.2.3 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 7.31.2.4 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
2. 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 1.22.1 Short-term 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 0.02.1.2 Loans 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.02.1.3 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 1.22.1.4 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
2.2 Long-term 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.02.2.1 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 0.02.2.2 Loans 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.02.2.3 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 0.02.2.4 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
3. Commercial banks 342.2 391.8 403.5 442.6 582.3 490.1 504.7 558.2 643.3 582.9 541.6 533.73.1 Short-term 304.3 365.5 354.2 372.0 513.7 436.1 425.2 496.1 569.9 527.3 484.4 487.2
3.1.1 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 0.03.1.2 Loans 13.5 17.2 1.1 0.0 97.1 38.1 11.5 27.1 19.8 21.1 16.2 36.63.1.3 Currency and deposits 285.1 343.5 347.5 323.3 413.4 385.3 397.2 456.3 537.4 485.7 459.6 441.73.1.4 Other debt liabilities 5.6 4.8 5.6 48.7 3.2 12.7 16.5 12.7 12.7 20.4 8.6 8.9
3.2 Long-term 37.9 26.2 49.3 70.6 68.6 54.0 79.4 62.1 73.4 55.6 57.3 46.53.2.1 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 0.03.2.2 Loans 14.5 8.4 3.0 8.0 8.0 11.1 11.1 11.1 6.1 6.1 6.1 6.13.2.3 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 40.43.2.4 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
4. Other Sectors 1) 1,014.1 1,046.3 1,090.1 1,134.1 1,148.0 1,108.6 1,058.0 889.0 756.8 871.5 826.4 668.14.1 Short-term 9.5 17.4 21.0 23.2 16.8 13.2 50.3 16.9 13.8 15.5 22.1 12.4
4.1.1 Money market instruments4.1.2 Loans 9.5 17.4 21.0 23.2 16.8 13.2 50.3 16.9 13.8 15.5 22.1 12.44.1.3 Trade credits and advances4.1.4 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 1,007.7 872.0 743.0 856.1 804.3 655.74.2.1 Bonds and notes 250.7 255.4 254.6 261.5 307.7 312.8 320.3 321.3 226.7 277.5 264.9 112.84.2.2 Loans 715.0 748.5 784.7 810.1 777.4 745.6 650.4 548.8 514.2 568.5 527.7 513.34.2.3 Trade credits and advances4.2.4 Other debt liabilities 38.9 25.0 29.8 39.4 46.0 36.9 37.0 1.9 2.1 10.0 11.7 29.6
5. 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 2,322.2 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
6. 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 2,031.36.1 Debt liabilities to affiliated enterprises6.2 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
7. Gross External Debt 2) (5+6) 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 4,353.57.1 Short-term 317.4 393.5 394.6 407.5 539.3 465.2 498.0 538.9 592.5 551.3 514.7 503.57.2 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
TA
BL
E E
15: G
RO
SS E
XT
ER
NA
L D
EB
T P
OSI
TIO
N B
Y D
UR
AT
ION
1)
End
of p
erio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
1.Sh
ort t
erm
deb
t31
7.4
393.
539
4.6
407.
553
9.3
465.
249
8.0
538.
959
2.5
551.
351
4.7
503.
51.
1 D
ebt s
ecur
ities
1.2
Loan
s23
.034
.622
.223
.211
3.9
51.3
61.8
44.1
33.6
36.6
38.3
49.0
1.
3 C
urre
ncy
and
depo
sits
285.
234
5.8
350.
133
1.7
416.
038
6.8
400.
247
3.4
541.
849
3.2
462.
744
2.9
1.4
Trad
e cr
edit
and
adva
nces
3.6
8.3
16.8
3.9
6.2
14.4
19.5
8.7
4.3
1.1
5.1
2.6
1.5
Oth
er d
ebt l
iabi
litie
s5.
64.
85.
648
.73.
212
.716
.512
.712
.720
.48.
68.
9
2.L
ong
term
deb
t1,
752.
71,
791.
11,
896.
62,
097.
71,
943.
42,
028.
32,
001.
31,
912.
41,
836.
21,
969.
51,
933.
01,
818.
72.
1 D
ebt s
ecur
ities
333.
141
1.2
451.
956
8.0
700.
182
4.7
920.
71,
004.
896
2.9
1,07
3.9
1,10
3.0
1,03
0.5
2.2
Loan
s1,
352.
71,
325.
91,
343.
31,
405.
31,
117.
31,
081.
195
2.0
844.
380
0.2
823.
376
2.2
710.
92.
3 C
urre
ncy
and
depo
sits
23.4
17.9
46.2
62.6
60.6
43.0
34.3
17.0
33.3
49.5
51.2
40.4
2.4
Trad
e cr
edit
and
adva
nces
4.5
11.1
25.3
22.4
19.4
42.6
57.3
44.5
37.8
12.8
4.9
7.3
2.5
Oth
er d
ebt l
iabi
litie
s38
.925
.029
.839
.446
.036
.937
.01.
92.
110
.011
.729
.6
3.G
ross
Ext
erna
l Deb
t (1+
2)2,
070.
12,
184.
62,
291.
22,
505.
22,
482.
82,
493.
52,
499.
32,
451.
32,
428.
72,
520.
92,
447.
72,
322.
2
1) E
xclu
ding
inte
rcom
pany
lend
ing
126
TA
BL
E E
16: G
RO
SS E
XT
ER
NA
L D
EB
T (G
ED
) TO
GD
P R
AT
IO B
Y S
EC
TO
R
End
of p
erio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
Gov
ernm
ent
23.1
22.2
23.1
26.5
20.7
22.4
22.4
22.7
21.9
21.5
24.0
25.9
Cen
trale
Ban
k va
n A
ruba
0.0
0.1
0.1
0.2
0.1
0.0
0.1
0.4
0.1
0.2
0.1
0.0
C
omm
erci
al B
anks
11.1
11.7
11.7
12.7
16.1
12.3
12.1
12.9
13.7
11.9
12.1
12.4
Oth
er se
ctor
s32
.931
.231
.732
.631
.727
.825
.420
.516
.217
.718
.515
.5In
terc
ompa
ny L
endi
ng52
.936
.719
.632
.935
.312
.713
.643
.734
.933
.535
.747
.1
Tot
al G
ED
/GD
P ra
tio12
0.0
101.
886
.310
5.0
104.
075
.273
.510
0.2
86.7
84.8
90.4
100.
9
127
TA
BL
E E
17: I
NT
ER
NA
TIO
NA
L IN
VE
STM
EN
T P
OSI
TIO
N
End
of p
erio
d19
9920
0020
0120
0220
0320
0420
0520
0620
0720
0820
0920
10
1.A
sset
s2,
675.
52,
812.
22,
932.
52,
948.
63,
167.
23,
389.
03,
295.
84,
348.
04,
144.
64,
207.
74,
644.
54,
354.
31.
1D
irect
inve
stm
ent a
broa
d 1,
204.
21,
203.
61,
194.
41,
183.
41,
177.
61,
157.
81,
139.
61,
115.
11,
091.
41,
096.
01,
094.
31,
100.
71.
2Po
rtfol
io in
vest
men
t 41
3.4
537.
454
2.9
503.
861
6.8
684.
773
3.3
909.
593
9.3
723.
786
9.4
976.
91.
2.1
Equi
ty se
curit
ies
248.
332
7.3
346.
031
2.0
423.
146
7.1
499.
661
3.6
670.
249
8.0
584.
961
7.2
1.2.
2 D
ebt s
ecur
ities
16
5.1
210.
119
6.9
191.
719
3.7
217.
523
3.7
295.
926
9.1
225.
728
4.5
359.
71.
3Fi
nanc
ial d
eriv
ativ
es
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
Oth
er in
vest
men
t 61
7.5
649.
061
4.5
585.
176
1.3
930.
683
1.3
1,59
2.2
1,28
1.5
1,13
3.2
1,42
5.8
979.
91.
4.1
Trad
e cr
edits
1.
4.2
Loan
s 16
3.1
196.
116
9.5
143.
917
3.2
162.
613
1.2
102.
611
1.7
133.
714
8.6
142.
41.
4.3
Cur
renc
y an
d de
posi
ts
418.
942
6.6
420.
839
7.7
571.
874
4.3
675.
11,
469.
71,
141.
997
4.2
1,26
0.0
802.
61.
4.4
Oth
er a
sset
s 35
.526
.424
.243
.516
.223
.625
.020
.027
.825
.417
.134
.91.
5R
eser
ve a
sset
s 44
0.3
422.
258
0.8
676.
361
1.5
615.
959
1.6
731.
183
2.4
1,25
4.8
1,25
4.9
1,29
6.8
2.L
iabi
litie
s4,
371.
34,
301.
93,
939.
04,
765.
35,
025.
45,
315.
86,
134.
38,
002.
28,
448.
69,
078.
48,
953.
89,
204.
42.
1D
irect
inve
stm
ent i
n re
porti
ng e
cono
my
2,31
8.0
2,08
8.8
1,60
9.1
2,20
3.6
2,48
0.1
2,75
7.1
3,55
5.8
5,44
5.0
5,87
7.3
6,39
8.9
6,40
4.2
6,71
7.6
2.2
Portf
olio
inve
stm
ent
333.
141
1.2
451.
956
8.0
700.
182
4.7
920.
71,
004.
896
2.9
1,07
3.9
1,10
3.0
1,03
0.5
2.2.
1 Eq
uity
secu
ritie
s 0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
02.
2.2
Deb
t sec
uriti
es
333.
141
1.2
451.
956
8.0
700.
182
4.7
920.
71,
004.
896
2.9
1,07
3.9
1,10
3.0
1,03
0.5
2.3
Fina
ncia
l der
ivat
ives
0.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
00.
02.
4O
ther
inve
stm
ent
1,72
0.2
1,80
1.9
1,87
8.0
1,99
3.7
1,84
5.2
1,73
4.0
1,65
7.8
1,55
2.4
1,60
8.4
1,60
5.6
1,44
6.6
1,45
6.3
2.4.
1 Tr
ade
cred
its
8.1
19.4
42.1
26.3
25.6
57.0
76.8
53.2
42.1
13.9
10.0
9.9
2.4.
2 Lo
ans
1,37
5.7
1,36
0.5
1,36
5.5
1,42
8.5
1,23
1.2
1,13
2.4
1,01
3.8
888.
383
3.8
859.
980
0.5
760.
02.
4.3
Cur
renc
y an
d de
posi
ts
308.
736
3.7
396.
339
4.3
476.
742
9.8
434.
549
0.4
575.
154
2.7
513.
948
3.3
2.4.
4 O
ther
liab
ilitie
s 27
.758
.374
.114
4.6
111.
711
4.9
132.
712
0.5
157.
418
9.0
122.
220
3.1
3.N
et (1
-2)
-1,6
95.8
-1,4
89.7
-1,0
06.4
-1,8
16.7
-1,8
58.2
-1,9
26.8
-2,8
38.5
-3,6
54.3
-4,3
03.9
-4,8
70.6
-4,3
09.3
-4,8
50.1
128
TA
BL
E E
18:
OFF
ICIA
L F
OR
EIG
N E
XC
HA
NG
E R
AT
ES
(SE
LL
ING
)(P
erio
d av
erag
es)
Can
adia
nPo
und
Net
herla
nds
Swis
sFr
ench
Ger
man
Italia
nJa
pane
seEC
U/E
uro
dolla
rst
erlin
ggu
ilder
fran
cfr
anc
mar
klir
eye
n(x
100
)(x
100
)(x
100
)(x
100
)(x
1,0
00)
(x 1
0,00
0)(x
100
)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
1986
1.30
52.
671
74.1
7210
1.05
326
.376
83.6
361.
260
1987
1.36
22.
969
89.1
0012
0.93
730
.225
100.
351
1.41
519
881.
464
3.21
991
.215
123.
112
30.4
6710
2.50
41.
409
1989
1.52
12.
963
84.8
8010
9.94
828
.355
95.7
021.
336
1990
1.54
33.
226
98.9
4112
9.84
733
.291
111.
431
1.52
712
4.61
522
8.95
819
911.
572
3.19
796
.518
125.
756
32.2
0510
8.71
51.
479
133.
581
222.
607
1992
1.49
03.
189
102.
700
128.
546
34.3
3211
5.67
11.
490
142.
021
232.
624
1993
1.96
02.
716
96.6
8812
1.59
331
.935
108.
550
1.16
716
2.29
520
9.42
519
941.
320
2.77
599
.223
131.
992
32.7
4211
1.22
21.
142
176.
104
212.
991
1995
1.31
52.
854
111.
985
152.
051
36.2
4812
5.39
21.
130
191.
322
231.
867
1996
1.32
22.
824
106.
599
145.
392
35.3
4511
9.39
81.
191
165.
067
224.
604
1997
1.30
32.
958
92.1
6912
3.83
631
.028
103.
679
1.08
214
8.74
520
2.66
219
981.
217
2.99
690
.858
124.
206
30.7
6610
2.36
91.
063
137.
891
201.
533
1999
1.21
52.
926
86.9
5511
9.16
129
.208
97.9
570.
990
158.
931
191.
191
2000
1.21
52.
740
75.3
0410
6.01
225
.299
84.8
430.
857
167.
047
165.
948
2001
1.17
92.
608
73.0
8310
6.55
324
.562
82.3
440.
832
148.
245
160.
736
2002
1.15
12.
723
115.
940
144.
179
170.
323
2003
1.29
22.
959
133.
495
155.
490
203.
622
2004
1.38
93.
312
144.
722
166.
471
223.
843
2005
1.48
83.
284
144.
109
163.
430
223.
609
2006
1.58
93.
330
143.
325
154.
700
225.
983
2007
1.68
73.
615
149.
775
152.
965
246.
688
2008
1.69
83.
343
166.
061
174.
487
264.
384
2009
1.58
92.
838
165.
835
192.
668
251.
100
2010
1.74
82.
796
172.
667
205.
736
238.
416
2011
1.82
02.
900
203.
079
226.
042
250.
302
129
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100
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100
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(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
1986
1.31
02.
685
82.5
2011
1.35
028
.340
93.1
601.
360
1987
1.39
03.
380
101.
100
140.
680
33.7
5011
3.69
01.
560
1988
1.51
03.
160
89.9
2011
9.77
029
.930
101.
460
1.40
019
891.
555
2.90
593
.850
116.
030
31.2
1010
5.95
01.
440
1990
1.55
53.
475
106.
320
140.
660
35.4
9011
9.89
01.
610
132.
340
245.
340
1991
1.55
53.
380
105.
050
132.
450
34.8
7011
8.31
01.
590
143.
650
239.
890
1992
1.42
02.
745
99.0
7012
3.34
032
.860
111.
240
1.24
014
3.89
021
6.73
019
931.
355
2.67
592
.630
121.
270
30.7
1010
3.57
01.
080
160.
520
200.
260
1994
1.28
52.
825
103.
560
136.
880
33.8
3011
5.95
01.
130
179.
890
219.
920
1995
1.32
52.
805
111.
970
155.
910
36.8
8012
5.27
01.
160
173.
900
229.
730
1996
1.31
53.
070
103.
060
133.
010
34.5
3011
5.62
01.
200
154.
180
222.
710
1997
1.26
02.
995
89.1
4012
3.51
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.240
100.
410
1.05
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7.97
019
8.11
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981.
165
2.99
095
.170
130.
300
32.1
9010
7.18
01.
110
157.
660
210.
560
1999
1.24
02.
920
82.0
1011
2.43
027
.550
92.4
000.
930
175.
920
180.
720
2000
1.20
02.
690
75.8
0010
9.20
025
.460
85.4
000.
860
156.
990
167.
030
2001
1.13
02.
620
71.9
4010
6.78
024
.170
81.0
600.
820
137.
470
158.
540
2002
1.14
42.
916
129.
646
151.
665
188.
656
2003
1.40
33.
238
145.
517
168.
239
227.
207
2004
1.49
53.
488
158.
424
175.
464
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2005
1.54
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136.
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152.
788
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2006
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147.
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150.
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2007
1.83
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159.
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160.
567
264.
823
2008
1.47
62.
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168.
154
198.
478
250.
360
2009
1.71
52.
934
174.
212
194.
621
259.
157
2010
1.80
52.
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191.
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221.
239
240.
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2011
1.76
32.
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190.
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232.
302
232.
766
130
‐1,000
0
1,000
2,000
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart E4: Current account by sector
Oil sector Non‐oil sector
‐1,000
0
1,000
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
In Afl. m
illion
Chart E1: Balance of payments summary
Current account Capital and financial account (including items not yet classified) Overall balance outcome
‐300‐200‐100
0100200300400500
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart E2: Overall balance by sector
Oil sector Non oil sector
‐2500
‐1500
‐500
500
1500
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
In Afl. m
illion
Chart E3: Components of the current account
Goods Services Income Current transfers Current account balance
131
0500
1,0001,5002,0002,5003,000
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart E5: Gross tourism receipts
‐125
‐75
‐25
25
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart E8: Remittances
Incoming transfers Outgoing transfers Net
‐1,000‐500
0500
1,000
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart E7: Capital and financial account by sector
Oil sector Non‐oil sector
‐1,000‐600‐200200600
1,000
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In Afl. m
illion
Chart E6: Components of the capital and financial account
Capital account Direct investment Portfolio investmentFinancial derivatives Other investment Capital and financial account balance
132
0
50
100
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
ntChart E9: Incoming transfers for remittances by country
Netherlands Netherland Antilles Colombia U.S.A. Other
0
50
100
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
In perce
nt
Chart E10: Outgoing transfers for remittances by country
Colombia Dominican Republic Peru Other
0
200
400
600
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
In USD m
illion
Chart E11: Portfolio investment assets by security
Equity securities Debt securities
0
50
100
150
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
In USD m
illion
Chart E12: Debt securities
Long‐term debt securities Short‐term debt securities
133
01,0002,0003,0004,0005,000
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
In Afl. million
Chart E15: Gross external debt by sector
Government Centrale Bank van Aruba Commercial banks Other sectors Intercompany lending
0
200
400
600
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
In USD m
illion
Chart E13: Portfolio investment assets by country of nonresident issuer
Luxembourg Netherlands Netherland Antilles U.S.A. Other countries
0
2,000
4,000
2003
2004
2005
2006
2007
2008
2009
2010
In USD m
illion
Chart E14: Inward direct investment positions
Inward equity positions Inward debt instruments positions (net) Total inward direct investment positions
0
1,000
2,000
3,000
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
In Afl. m
illion
Chart E16: Gross external debt by sector (excluding intercompany lending)
Government Centrale Bank van Aruba Commercial banks Other sectors
134
150
200
250
300
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Chart E18: Official foreign exchange rates (selling) per Afl. 100
Euro (period average) Euro (end of period)
‐10,000‐7,500‐5,000‐2,500
02,5005,000
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
In Afl. m
illions
Chart E17: International investment position
Assets Liabilities Net
135
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. Population data refer to the average of this variable at the beginning and at the end of each respective year. 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 above-mentioned information. The information is based on the experience, judgment, and opinion of respondents, mainly leading businesses. 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
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. 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. 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. 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.,
0.8306 120.4
100.0
index) (Old 2006 December
index) (New 2006 December ==
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.
137
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. 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. 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 Netherlands-Antillean 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. 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
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. 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. (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. 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.
138
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. 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. 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. 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. Column: (7) Capital and reserves: Includes subordinated debt. 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. 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.
Mortgages Loans and advances to enterprises and individuals secured by real estate. Individuals Loans and advances to individuals, excluding mortgages. Government Loans and advances to the government, excluding official entities. (10) Premises The commercial banks' own buildings, other real estate, and equipment. (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. (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)". (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. (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. (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.
139
(33) Subordinated debt Liabilities subordinated to claims of depositors and other creditors. 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 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. 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. 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.
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 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. 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. 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. 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
140
exchange and security holdings are accounted for in a revaluation reserve. Other domestic liabilities Money in custody, miscellaneous items and other liabilities. 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. 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. 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. 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
originates from granting loans and conducting other banking activities. 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). 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. 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 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
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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. 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. 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). 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 12-year bond and a 35-year annuity loan, while a small part will be settled against future tax liabilities of APFA to the government. 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. 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.
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”. 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. Net financing Net financing comprises net foreign capital, nonbank domestic capital, and the net recourse to the monetary system of 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. 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. 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. 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. 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-of-period 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. 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. 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)
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. 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. 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. 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.
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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. 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. 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. 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
medical treatment and expenditures of students are also included under "travel". 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. 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. 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. 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. Table E6: Balance of payments of the non-oil 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 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. 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
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 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. 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 E17: International investment position (IIP) This table provides an overall view of cross-border 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 maximum buying selling rates rates as from: bank cheque and
notes cable transfers
Jan. 1, 1986 1.77 1.79 1.81 May 18, 1987 1.77 1.78 1.80
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