KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 78% (AWG3,637.1mn or US$2,031.9mn) in 2010 to 74.8% (AWG6,489.4mn or US$3,625.4mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to fall from 92.2% of total employment, 57,000 jobs or 1 in every 1.1 jobs in 2010 to 86.2% of total employment, 68,000 jobs, or 1 in every 1.2 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be 2.8% in 2010 and to average 2.2% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 85.2% of total exports (AWG2,478.2mn or US$1,384.4mn) in 2010, growing (nominal terms) to AWG4,198.3mn or US$2,345.4mn (81.6%) of total in 2020.

Investment
Travel & Tourism investment is estimated at AWG1,116.8mn, US$623.9mn or 71.1% of total investment in 2010. By 2020, this should reach AWG2,192.8mn, US$1,225.0mn or 75.1% of total investment.

WORLD RANKING

The Aruba Travel & Tourism economy is ranked number:

• 100 in absolute size worldwide
• 2 in relative contribution to national economies
• 173 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)