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Economic Outlook 2024 – 2025

May 23, 2024

The Economic Outlook is a product of the Department of Economic Affairs, Commerce and Industry (DEACI) and offers insights and predications about the island’s economic indicators and growth.
To compile this outlook, data is gathered from various sources, including the Central Bank of Aruba, the Central Bureau of Statistics, and other key institutions as the Department of Finance, the Tax
Department, the Aruba Tourism Authority, the Aruba Hotel and Tourism Association, the Aruba Airport Authority, the Social Insurance Bank Aruba and the Department of Labor and Research. The Commission Macro Model (CMM) evaluates and agrees on the assumptions and projections.
To have a complete comprehensive picture, DEACI not only relies on data but also interviews organizations to consider their views on Aruba’s economic climate. Interviews with organizations
provide perspectives on the economic situation, along with details on major investments and risks for upcoming projects.

FINAL Economic Outlook 2024-2025 29.04.2024

 

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