banco central: monthly bullitin june 2016
TRANSCRIPT
Conten
I. Ma
Statistica 1. Mo 2. Co 3. Cau 4. For 5. Co 6. Cen 7. Co 9. Go 10. Tou 11. Gro 12. Co
ts
ain economic
al Annex
onetary surv
mponents o
uses of chan
reign assets
nsolidated b
ntrale Bank
mmercial ba
vernment’s
urism
owth in stay
nsumer pric
C
MO
c indicators
vey
of broad mon
nges in broad
balance shee
van Aruba: S
anks' consol
position wit
y‐over tourism
e index
CENTRALE
ONTHLY BU
ney
d money
et of the mo
Summary ac
idated summ
th the mone
m
BANK VAN
ULLETIN J
ney‐creating
ccount
mary accoun
etary system
ARUBA
JUNE 2016
g institution
nt
m
6
Pag
s
Publish
ge
1
5
6
7
8
9
11
12
13
14
15
16
hed August 1N
11, 2016 No. 343
1
I. Ma
MoneIn JuAfl. 1the pnet 109.3 Quas1,915denoand compmilliocurremilliodemexpawhicin de The gsuppdomby anbalan Dombankthe pand claimdrawDevemilliogrossabovbankto inand whiccred
1 Exclexcha
ain economic
etary developune 2016, mo126.0 million previous mo domestic as3 million and
si‐money exp5.1 million, asominated in A Afl. 10.9 mponent of bon to Afl. 2,1ency in circon and Afl. and depositansion in depch was partly eposits denom
growth in thply was attribestic credit, n Afl. 12.5 mince sheet ite
mestic credit king sector o private secto Afl. 9.7 milms on the puwing down elopment Fuon, respectivs claims vementionedking sector oncreases in lo housing moch were partit (‐Afl. 1.8
uding revaluatange holdings.
c indicators
pments oney supply to Afl. 4,07onth, resultinsets and ne Afl. 16.7 milli
panded by As time depos Aruban florinmillion, respbroad money56.1 million, ulation note 4.3 million, s resulted fposits denom offset by anminated in fo
e domestic cbuted to an A which was pllion contracms.
increased an the public or recorded lion, respectublic sector r of govend by Afl. 12vely. An Afl. marginad surge. Theon the privatoans to enteortgages (+Aftly offset by million). Th
tion difference
registered a71.2 million, cng from groet foreign asion, respectiv
Afl. 104.3 msits and savinn grew by Aflpectively. My, increased as demand ded upturns respectivelyrom an Afl. minated in A Afl. 4.6 millioreign curren
component o Afl. 121.8 mil partially countion in non‐c
s the net c sector and t gains of Afl.tively. The sresulted mairnment de25.0 million a 22.9 million ally mitige rise in clae sector wasrprises (+Aflfl. 4.7 millio a decrease he decline in
es of gold and f
n upturn of compared towth in bothssets1 of Afl.vely.
illion to Afl.ngs deposits. 93.3 million
Money, as a by Afl. 21.6 deposits and of Afl. 17.3. The rise in 21.9 million
Aruban florin,on reductionncy.
of the moneylion surge innterbalancedcredit related
laims of thethe claims on. 112.1 millionsurge in netnly from theeposits andand Afl. 10.0 decrease inated theaims of thes mostly due. 6.6 million)n) (Chart 1), in consumern non‐credit
foreign
f o h .
. s n a 6 d 3 n n , n
y n d d
e n n t e d 0 n e e e ) , r t
relatotheequiwell The sectexchassoaccoaforbala163.3payminveinco
Sourc
Tabl(in ANet p
Net s
NET
800
850
900
950
1,000
1,050
1,100
1,150
ted balance ser liabilities, ipment, acco as clearing t
expansion inor was drihange of Afl.ociated with ounts, direct rementioned nced by the 3 million toments for stment, finame, and gov
ce: Centrale Ban
e A. Change in Afl. millions)purchases of for
TouriNet trDirectTransCapitaItems
sales of foreignGoodOtherOtherFinanCurrenIncomGoverPortfo
T CHANGE IN N
0
0
0
0
0
0
0
0
Jan Feb Mar
Char
2
sheet items r shareholderounts receiva transactions.
n the net foreiven by net 180.0 million tourism, ne investment, purchases net sales ofo the public goods, ancial derivavernment ser
nk van Aruba
Net Foreign As
reign exchangeism servicesransfers from fort investmentsportation servical account transnot yet classifi
n exchangesr servicesr investmentncial derivativesnt transfers
me rnment servicesolio investment
NFA (minus (-) d
r Apr May Jun J
rt 1: Nominal ho(in Afl. m
014
resulted fromrs' equity, pable and pre
eign assets ot purchasesn from the pet transfers , and transp were partif foreign excc, largely reother serv
atives, currervices (Table
ssets (NFA) Jun
e
reign accounts
cessactionsied
s
denotes a decrea
ul Aug Sep Oct
ousing mortgag million)
2015
m increases inpremises andpayments, a
f the bankings of foreignpublic, mainly from foreignortation. Theally counterchange of Afllated to nevices, otheent transfers A).
ne 2016
180.0132.431.87.55.20.32.8
-163.3-109.2-22.9-12.9-8.4-4.1-3.3-2.3-0.3
ase) 16.7
Nov Dec
ges
2016
n d s
g n y n e r‐l. t r s,
04852383299413337
2
Sour
InflatThe c0.8 pThe compfall “TranpriceFoot“Com“ResGoodthe eCPI waveracomp
Sour
Sour
2 Part
‐2.0
‐1.0
0.0
1.0
2.0
3.0
rce: Centrale Ba
tion consumer prpercent decr contributoponent “Houin electric
nsport”, primes. In contratwear”, “Fommunicationstaurants andds and Servic effect of food was 0.7 perage inflationpared to ‐0.5
rce: Central Bure
rce: Central Bure
tly affects the h
0
0
0
0
0
0
Jan Feb Mar A
Ch(in p
2014
nk van Aruba
rice index (CPrease year‐ors to thisusing”, whichcity costs, marily due tast, the comod and No”, “Recred Hotels”, asces” registered and energycent (YoY) (n rate was ‐05 percent in M
eau of Statistics
eau of Statistics
housing and tr
Apr May Jun Jul
art 2: Inflation percent, end of
4 201
PI) for June 2ver‐year (Yos decrease h was largely and the to a declinemponents “Con‐alcoholic ation ands well as “Med an increasy2, the growt (Table B). T0.6 percent iMay 2016 (Cha
s
s
ansport compo
Aug Sep Oct No
Arubaf period)
15 20
2016 noted aoY) (Chart 2). were they driven by a componente in gasolineClothing and Beverages”, Culture”,
Miscellaneousse. Excludingth in the corehe 12‐monthn June 2016,art 3).
onents.
ov Dec016
a . e a t e d , , s g e h ,
Table
Sourc
TourIn Ju86,6Junepredmarkpartvisito
The princ(‐6,9
The mainUnit
In thspen3.0 pof thincreJune The 3,20comnote
Food BeveClothHousHousHealtTransCommRecreEducRestaMisce
T
Inflat
e B. Compone
ce: Central Bure
rism une 2016, the697, which is e 2015 (Chdominantly frket of 18.7 tially counteors) increase
decrease icipally cause980 visitors o
expansion innly from a 6ted States (+3
he month unt in Aruba, percent to 6he previous yeased from 6e 2016.
number of c9 or 14.4
mpared to Jued a decline,
And Non‐Alcohorages And Tobacing & Footwearsingsehold Operationthsportmunicationeation And Culturationaurants And Hoteellaneous Goods A
otal Excluding En
tion components
ents of Inflatio
eau of Statistics
e number of 0.9 percent hart 4). Throm a downt percent (‐4,rbalanced be in the North
n the Latined by a drop i or ‐36.7 perce
n the North A6.4 percent 3,275 visitors
nder review as indicated612,519, comp year. The ave6.8 nights in
cruise visitor percent toune 2015. Th from 9 in Jun
Julic Beveragesco Products
re
els And Services
Totalnergy & Food
on
and Centrale B
stay‐over vis (‐750 visitorshe contractiturn in the La,735 visitors)y a 6.0 perh American m
n American in visitors froent).
American ma rise in arrivs).
, total numbd by the visitpared to the erage intende June 2015, to
rs registered o 25,452 in he number ne 2015 to 7 i
un‐15 Jun‐160.2 0.10.0 0.0‐0.2 0.21.4 ‐0.70.0 0.00.0 0.0‐1.1 ‐0.70.1 0.10.1 0.10.0 0.00.2 0.10.1 0.10.7 ‐0.80.7 0.7
End‐month inflation a
ank van Aruba
sitors totaleds) less than inion resultedatin American), which warcent (+3,168market.
market waom Venezuela
arket resultedvals from the
ber of nighttors, grew by same monthed night stayo 7.1 nights in
an upturn o June 2016 of ship calln June 2016.
Jun‐15 Jun‐160.5 0.00.0 0.0‐0.1 ‐0.11.1 0.1‐0.1 0.00.0 0.0‐0.5 ‐0.90.1 0.1‐0.2 0.00.0 0.00.1 0.10.1 0.11.0 ‐0.60.7 0.5
12‐month average inflation
d n d n s 8
s a
d e
s y h s n
f 6, s
n
3
GovePleasrevenof pu
Nort
Lat
Res
ernment se note thanue for Juneublication of
‐10,00
th America
tin America
Europe
st of world
Total
Chart 4: Amajo
at monthly e 2016 were this bulletin.
‐4,735
0 ‐6,000
Absolute changeor markets (June
figures on not available
7
104
‐750
‐2,000 2,0
e in number of ve 2016 vs. June
governmente at the time
3,168
713
000 6,000
visitors by 2015)
t e
4
TA
BL
E 1
: M
ON
ET
AR
Y S
UR
VE
Y*
In
Afl.
mill
ion
End
of p
erio
d
I.
A)
Dom
estic
cre
dit
1) N
et c
laim
s on
publ
ic se
ctor
a) G
ross
cla
ims*
*b)
Gov
ernm
ent's
dep
osits
c) D
evel
opm
ent f
unds
2) C
laim
s on
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ate
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ora)
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ises
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divi
dual
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er c
redi
t2)
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er
B)
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er it
ems,
net
II.
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A)
Mon
eyB
) Q
uasi
-mon
ey
A)
Cen
trale
Ban
k va
n A
ruba
***
B)
Com
mer
cial
ban
ks
Net
dom
estic
ass
ets
Net
fore
ign
asse
ts
Bro
ad m
oney
2012
951.
218
.1
-725
.1
1,28
7.7
1,18
4.8
102.
9
2,84
7.7
136.
8
-71.
3
1,20
4.3
1,82
1.4
1,58
8.9
343.
2
2,71
0.9
-135
.0
3,41
0.4
537.
3
2,12
2.7
1,48
8.5
2013
1,00
6.6
15.0
-799
.1
1,13
0.7
1,10
7.6
23.2
2,96
0.5
106.
8
-99.
8
1,29
5.1
1,71
3.4
1,57
8.6
350.
4
2,85
3.6
-143
.7
3,29
2.0
536.
9
2,16
1.3
1,54
3.5
2014
1,04
9.4
8.1
-848
.0
1,17
2.9
1,12
4.0
48.9
3,13
6.1
161.
7
-83.
3
1,33
0.7
1,79
3.0
1,66
8.1
346.
5
2,97
4.3
-101
.5
3,46
1.0
586.
1
2,28
8.1
1,63
5.5
2015
1,10
1.7
9.8
-874
.5
1,51
5.7
1,38
4.6
131.
1
3,16
3.7
195.
6
-94.
2
1,27
0.6
2,06
0.6
1,74
4.3
369.
2
2,96
8.1
-79.
4
3,80
4.9
586.
0
2,28
9.2
1,68
7.7
* T
he m
onet
ary
surv
ey c
onso
lidat
es th
e ac
coun
ts of
the
Cen
tral
e B
ank
van
Aru
ba, t
he c
omm
erci
al b
anks
and
the
Gov
ernm
ent r
elat
ed o
nly
to t
heis
suan
ce o
f co
mpo
nent
s of
the
mon
ey s
uppl
y, i
.e.,
coin
s an
d tre
asur
y bi
lls. T
his
surv
ey s
how
s th
e fin
anci
al r
elat
ions
hip
betw
een
the
mon
etar
y se
ctor
, who
se li
abili
ties i
nclu
de th
e m
oney
sup
ply,
and
oth
er s
ecto
rs o
f the
eco
nom
y.
**
Gro
ss c
laim
s in
clud
e lo
ans
gran
ted
as w
ell a
s go
vern
men
t bo
nds
in th
e ha
nds
of th
e m
onet
ary
sect
ors
and
clai
ms
resu
lting
from
the
issua
nce
of
trea
sury
bill
s, ca
sh c
ertif
icat
es, a
nd c
oins
. **
* R
eval
uatio
n di
ffere
nces
of g
old
and
offi
cial
fore
ign
exch
ange
hol
ding
s are
exc
lude
d in
ord
er to
app
roxi
mat
e th
e ne
t im
port
of f
orei
gn fu
nds
by th
eno
nmon
etar
y se
ctor
s.
1,06
0.2
8.3
-878
.1
1,30
8.1
1,15
8.2
149.
9
3,13
7.5
180.
8
-67.
1
1,31
5.7
1,81
8.3
1,74
9.2
340.
3
2,95
6.7
-92.
4
3,56
7.5
572.
6
2,25
9.4
1,63
2.8
Apr
il
2015
1,06
1.0
8.3
-878
.2
1,33
0.1
1,19
7.9
132.
1
3,12
0.9
172.
2
-76.
0
1,30
7.5
1,84
1.4
1,73
1.4
341.
8
2,94
8.7
-93.
5
3,57
2.8
571.
9
2,24
2.7
1,63
2.9
May
1,06
5.6
8.9
-900
.1
1,37
8.2
1,25
0.1
128.
1
3,13
4.6
202.
7
-45.
9
1,28
9.8
1,89
5.4
1,71
7.2
340.
9
2,93
1.8
-92.
3
3,61
2.6
567.
7
2,23
4.5
1,63
3.2
June
1,11
8.3
9.6
-882
.3
1,65
2.4
1,45
1.1
201.
4
3,20
2.6
239.
7
-57.
7
1,25
7.5
2,19
6.8
1,77
5.9
370.
2
2,96
2.9
-72.
7
3,97
2.7
577.
4
2,32
0.3
1,69
5.7
Apr
il
2016
1,12
2.5
9.6
-882
.7
1,84
4.5
1,63
3.3
211.
2
2,98
3.4
19.1
-275
.9
1,25
6.0
2,13
4.5
1,81
0.8
370.
3
2,96
4.3
-75.
3
3,94
5.2
576.
2
2,10
0.7
1,69
8.7
May
1,12
7.1
9.8
-895
.2
1,86
1.2
1,62
7.2
234.
0
3,10
5.2
131.
2
-150
.9
1,26
2.5
2,15
6.1
1,91
5.1
347.
4
2,97
4.0
-65.
3
4,07
1.2
574.
4
2,21
0.0
1,70
1.6
June
5
TA
BL
E 2
: C
OM
PON
EN
TS
OF
BR
OA
D M
ON
EY
In
Afl.
mill
ion
Cur
renc
y
Issu
edA
t
End
of p
erio
d
bank
s
Dem
and
depo
sits
Out
side
bank
sA
fl.Fo
reig
ncu
rren
cyTo
tal
Mon
eyO
ther
dep
osits
Qua
si-
mon
eyB
road
mon
eySa
ving
s
(1)
(4)
(5)
(8)
(9)
(10)
(2)
4+5)
3+6)
1-2)
12+
13)
(3=
(6=
(7=
(14=
7+14
)(1
5=
Trea
ssur
ybi
lls a
ndca
sh lo
anTi
me
Tota
l
Afl.
Fore
ign
curr
ency
Afl.
Fore
ign
curr
ency
(11)
(12=
(13)
8+9+
10+
11)ce
rtific
ates
Janu
ary
2015
265.
347
.321
7.9
1,23
6.6
298.
41,
535.
11,
753.
00.
01,
717.
53,
470.
596
7.1
5.3
741.
14.
01,
717.
5Fe
brua
ry26
3.1
44.6
218.
41,
292.
929
1.6
1,58
4.5
1,80
2.9
0.0
1,72
2.5
3,52
5.4
957.
95.
275
5.4
4.0
1,72
2.5
Mar
ch26
6.8
50.0
216.
91,
309.
328
7.2
1,59
6.6
1,81
3.4
0.0
1,73
0.5
3,54
3.9
962.
15.
075
9.4
4.0
1,73
0.5
Apr
il28
1.6
60.8
220.
81,
290.
730
6.7
1,59
7.5
1,81
8.3
0.0
1,74
9.2
3,56
7.5
955.
54.
278
5.6
4.0
1,74
9.2
May
266.
247
.921
8.3
1,32
5.2
297.
91,
623.
01,
841.
40.
01,
731.
43,
572.
895
2.1
4.6
770.
64.
01,
731.
4Ju
ne27
2.3
47.3
225.
01,
397.
827
2.7
1,67
0.4
1,89
5.4
0.0
1,71
7.2
3,61
2.6
963.
04.
274
6.0
4.0
1,71
7.2
July
275.
851
.422
4.4
1,35
8.1
297.
31,
655.
41,
879.
80.
01,
721.
53,
601.
295
7.8
3.9
755.
44.
31,
721.
5A
ugus
t27
7.1
50.3
226.
81,
427.
429
1.2
1,71
8.6
1,94
5.4
0.0
1,76
0.7
3,70
6.1
957.
94.
379
3.4
5.2
1,76
0.7
Sept
embe
r27
3.7
49.2
224.
51,
427.
129
6.7
1,72
3.8
1,94
8.3
0.0
1,76
6.7
3,71
5.0
960.
04.
179
8.4
4.3
1,76
6.7
Oct
ober
273.
347
.422
5.9
1,41
3.6
290.
31,
703.
81,
929.
70.
01,
773.
53,
703.
396
1.1
4.1
804.
14.
31,
773.
5N
ovem
ber
281.
247
.923
3.3
1,47
1.0
292.
41,
763.
41,
996.
60.
01,
733.
43,
730.
095
9.7
5.7
763.
64.
31,
733.
4D
ecem
ber
304.
464
.424
0.0
1,51
5.8
304.
71,
820.
62,
060.
60.
01,
744.
33,
804.
993
2.4
5.4
802.
24.
31,
744.
3
Janu
ary
2016
284.
750
.023
4.7
1,53
5.1
321.
61,
856.
82,
091.
40.
01,
769.
83,
861.
294
3.4
5.2
816.
94.
31,
769.
8Fe
brua
ry28
0.3
42.9
237.
41,
563.
333
8.0
1,90
1.3
2,13
8.7
0.0
1,74
1.3
3,88
0.1
945.
95.
778
5.4
4.4
1,74
1.3
Mar
ch29
1.9
55.3
236.
61,
578.
831
8.3
1,89
7.1
2,13
3.7
0.0
1,80
1.4
3,93
5.1
992.
15.
479
9.5
4.4
1,80
1.4
Apr
il28
8.0
49.9
238.
11,
657.
930
0.8
1,95
8.8
2,19
6.8
0.0
1,77
5.9
3,97
2.7
999.
25.
476
6.8
4.4
1,77
5.9
May
288.
051
.223
6.8
1,60
1.8
295.
91,
897.
72,
134.
50.
01,
810.
83,
945.
299
6.9
5.7
803.
74.
51,
810.
8Ju
ne29
5.0
53.8
241.
11,
623.
729
1.3
1,91
5.0
2,15
6.1
0.0
1,91
5.1
4,07
1.2
1,00
7.8
5.9
897.
04.
51,
915.
1
2012
253.
753
.819
9.9
1,44
6.8
174.
71,
621.
51,
821.
492
9.3
5.7
0.0
1,58
8.9
3,41
0.4
650.
13.
81,
588.
920
1326
7.9
54.3
213.
61,
307.
219
2.7
1,49
9.8
1,71
3.4
950.
06.
02.
01,
578.
63,
292.
060
7.3
13.2
1,57
6.6
2014
293.
366
.122
7.2
1,29
6.3
269.
51,
565.
81,
793.
095
1.7
5.1
0.0
1,66
8.1
3,46
1.0
707.
14.
11,
668.
120
1530
4.4
64.4
240.
01,
515.
830
4.7
1,82
0.6
2,06
0.6
932.
45.
40.
01,
744.
33,
804.
980
2.2
4.3
1,74
4.3
6
TA
BL
E 3
: C
AU
SES
OF
CH
AN
GE
S IN
BR
OA
D M
ON
EY
In A
fl. m
illio
n
Dur
ing
perio
d
I.
A)
Dom
estic
cre
dit
1) N
et c
laim
s on
publ
ic se
ctor
a) R
ecou
rse
to m
onet
ary
syst
em
1) G
over
nmen
t's d
epos
its2)
Dev
elop
men
t fun
ds
2) C
laim
s on
priv
ate
sect
ora)
Ent
erpr
ises
b) In
divi
dual
s1)
Con
sum
er c
redi
t2)
Hou
sing
mor
tgag
esc)
Oth
er
B)
Oth
er d
omes
tic fa
ctor
s
II.
III.
1)
Mon
ey2)
Q
uasi
-mon
ey
Net
dom
estic
mon
ey c
reat
ion
Inflo
w o
f for
eign
fund
s*
Bro
ad m
oney
b) D
raw
ing
dow
n of
ban
k ba
lanc
es
2.0
0.0
-30.
6
46.67.6
12.9 6.8
-8.9 4.8
18.80.0
-5.26.0
23.61.7
-22.
9
3.7
12.8
Apr
il
2015
0.8
0.1
-0.1
22.0
-16.
6
-8.6
-8.9
-8.2
23.1
-17.
8
1.5
-8.0
-1.2 5.3
-0.8
-16.
7
0.1
-10.
1
May
4.5
0.5
-21.
9
48.1
13.7
30.5
30.1
-17.
7
54.0
-14.
2
-0.9
-16.
9
1.3
39.9
-4.2
-8.2 0.3
31.4
June
7.5
0.0
-4.1
33.68.1
3.2
1.4
-3.7
63.2
-25.
5
0.3
4.9
1.4
37.71.2
4.0
8.7
2.8
Apr
il
2016
4.1
0.0
-0.4
192.
1
-219
.2
-220
.6
-218
.2
-1.6
-62.
434
.90.1
1.4
-2.6
-27.
5
-1.1
-219
.6 3.0
-220
.7
May
4.7
0.2
-12.
5
16.7
121.
8
112.
1
125.
0
6.6
21.6
104.
3
-22.
9
9.7
10.0
126.
0
-1.8
109.
3
2.9
135.
0
June
2012
38.9
-2.8
245.
6
175.
7
140.
9
51.8
40.8
70.0
-6.0
-17.
9
248.
8
1.6
265.
3-1
4.9
250.
4
3.1
134.
9
21.0
2013
55.4
-3.1
112.
7
-30.
0
-28.
5
90.87.2
142.
7
-8.7
-0.4
38.7
-157
.0
-108
.0-1
0.3
-118
.3
-74.
1
-37.
2
55.1
2014
42.8
-6.9
175.
6
54.9
16.6
35.6
-3.8
120.
7
42.2
49.2
126.
8
42.2
79.5
89.5
169.
0
-48.
8
58.7
92.0
2015
52.3 1.6
27.6
33.9
-10.
9
-60.
1
22.7
-6.3
22.2
-0.11.1
342.
7
267.
676
.3
343.
9
-26.
5
11.2
52.2
* Re
valu
atio
n di
ffer
ence
s of g
old
and
offic
ial f
orei
gn e
xcha
nge
hold
ings
are
exc
lude
d in
ord
er to
app
roxi
mat
e the
net
impo
rt of
fore
ign
fund
s by
the
nonm
onet
ary
sect
ors.
7
TA
BL
E 4
: FO
RE
IGN
ASS
ET
S
Cen
trale
Ban
k va
n A
ruba
Gol
dO
ther
End
of(1
)1+
2-3)
(5)
4+7)
(9)
(2)
asse
ts
Com
mer
cial
ban
ks
(6)
5-6)
Rev
alua
-tio
n di
ffe-
(3)
8-9)
Liab
i-lit
ies
Net
Ass
ets
Tota
lTo
tal
excl
.( 9)
(4=
(7=
(10=
Liab
i-lit
ies
Net
(8=
In A
fl. m
illio
n
renc
es*
perio
d 2012
331.
51,
078.
03.
71,
405.
762
9.2
526.
210
2.9
1,50
8.7
221.
01,
287.
720
1323
9.4
953.
60.
11,
192.
966
3.9
640.
723
.21,
216.
085
.31,
130.
720
1423
8.9
1,00
2.0
1.1
1,23
9.8
655.
660
6.7
48.9
1,28
8.7
115.
81,
172.
920
1521
1.6
1,27
0.5
2.2
1,47
9.9
668.
353
7.3
131.
11,
611.
095
.31,
515.
7
Janu
ary
2015
238.
91,
083.
40.
21,
322.
266
5.4
590.
874
.71,
396.
913
0.5
1,26
6.3
Febr
uary
238.
91,
068.
21.
91,
305.
368
5.2
573.
811
1.3
1,41
6.6
126.
81,
289.
8M
arch
236.
51,
027.
33.
01,
260.
867
8.6
551.
512
7.1
1,38
7.9
126.
41,
261.
5A
pril
236.
51,
047.
40.
11,
283.
868
8.4
538.
614
9.9
1,43
3.6
125.
61,
308.
1M
ay23
6.5
1,08
6.2
0.1
1,32
2.6
674.
054
1.9
132.
11,
454.
812
4.7
1,33
0.1
June
233.
31,
135.
10.
11,
368.
366
0.3
532.
212
8.1
1,49
6.3
118.
21,
378.
2Ju
ly23
3.3
1,12
3.3
2.9
1,35
3.7
641.
553
4.0
107.
51,
461.
211
9.0
1,34
2.2
Aug
ust
233.
31,
258.
36.
71,
484.
964
5.9
537.
810
8.2
1,59
3.1
117.
31,
475.
7Se
ptem
ber
221.
91,
235.
20.
11,
457.
066
4.0
540.
712
3.3
1,58
0.3
109.
21,
471.
1O
ctob
er22
1.9
1,28
2.0
0.4
1,50
3.5
636.
153
9.4
96.7
1,60
0.3
107.
01,
493.
2N
ovem
ber
221.
91,
282.
61.
41,
503.
166
4.2
582.
781
.51,
584.
610
4.9
1,47
9.6
Dec
embe
r21
1.6
1,27
0.5
2.2
1,47
9.9
668.
353
7.3
131.
11,
611.
095
.31,
515.
7
Janu
ary
2016
211.
61,
344.
21.
41,
554.
567
1.8
542.
812
9.0
1,68
3.5
100.
71,
582.
8Fe
brua
ry21
1.6
1,37
0.4
1.2
1,58
0.8
713.
154
8.0
165.
21,
746.
010
0.5
1,64
5.5
Mar
ch24
6.4
1,34
9.6
2.4
1,59
3.6
688.
052
5.4
162.
61,
756.
213
7.5
1,61
8.8
Apr
il24
6.4
1,34
5.5
3.3
1,58
8.7
703.
850
2.4
201.
41,
790.
113
7.7
1,65
2.4
May
246.
41,
524.
51.
01,
770.
070
5.9
494.
721
1.2
1,98
1.2
136.
71,
844.
5Ju
ne26
3.1
1,52
7.3
4.2
1,78
6.2
696.
646
2.7
234.
02,
020.
215
9.0
1,86
1.2
* O
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs, i
n ac
cord
ance
with
the
Cen
tral B
ank
Ord
inan
ce a
s rev
ised
in D
ecem
ber 1
989.
8
TA
BL
E 5
a: C
ON
SOL
IDA
TE
D B
AL
AN
CE
SH
EE
T O
F T
HE
MO
NE
Y-C
RE
AT
ING
INST
ITU
TIO
NS
In A
fl. m
illio
n
End
of p
erio
d
ASS
ET
S
1. C
laim
s on
mon
ey-c
reat
ing
inst
itutio
nsa)
Mon
etar
y au
thor
ities
b) C
omm
erci
al b
anks
2. C
laim
s on
the
publ
ic se
ctor
a) S
hort-
term
b) L
ong-
term
3. C
laim
s on
the
priv
ate
sect
ora)
Ent
erpr
ises
b) In
divi
dual
s
1) C
onsu
mer
cre
dit
2) H
ousi
ng m
ortg
ages
c) C
apita
l mar
ket i
nves
tmen
tsd)
Oth
er
4. F
orei
gn a
sset
sa)
Gol
db)
Sho
rt-te
rmc)
Lon
g-te
rm
5. O
ther
dom
estic
ass
ets
6. T
otal
ass
ets
2012
537.
395
1.2
18.1 0.0
2,03
8.6
331.
5
944.
249
.2
95.7
1,20
4.3
1,12
5.4
-33.
5
993.
3
343.
2
2,71
0.9
247.
5
581.
8
1,48
8.5
6,05
2.6
2013
536.
91,
006.
615
.0 0.0
1,85
6.8
239.
4
838.
346
.2
106.
8
1,29
5.1
939.
5
-17.
2
884.
5
350.
4
2,85
3.6
243.
6
677.
9
1,54
3.5
5,92
8.1
2014
586.
11,
049.
48.
10.
0
1,89
6.5
238.
9
860.
751
.2
114.
1
1,33
0.7
1,09
4.8
-16.
0
912.
0
346.
5
2,97
4.3
232.
4
562.
8
1,63
5.5
6,11
3.3
2015
586.
01,
101.
79.
80.
0
2,15
0.5
211.
6
1,06
9.1
47.9
132.
3
1,27
0.6
1,14
0.2
-29.
4
1,11
7.0
369.
2
2,96
8.1
236.
8
798.
7
1,68
7.7
6,57
5.4
572.
61,
060.
28.
30.
0
1,97
2.3
236.
5
900.
549
.4
107.
3
1,31
5.7
1,14
2.3
-22.
6
6,19
6.6
949.
9
340.
3
2,95
6.7
232.
9
593.
5
1,63
2.8
Apr
il
2015
571.
91,
061.
08.
30.
0
1,99
6.7
236.
5
929.
847
.6
105.
2
1,30
7.5
1,14
3.1
-18.
7
6,24
5.9
977.
4
341.
8
2,94
8.7
236.
6
617.
2
1,63
2.9
May
567.
71,
065.
68.
90.
0
2,02
8.6
233.
3
994.
647
.5
120.
1
1,28
9.8
1,14
0.0
-20.
6
6,32
2.9
1,04
2.1
340.
9
2,93
1.8
220.
8
655.
3
1,63
3.2
June
577.
41,
118.
39.
60.
0
2,29
5.8
246.
4
1,10
3.5
51.7
133.
2
1,25
7.5
1,35
6.1
-24.
7
6,75
9.3
1,15
5.2
370.
2
2,96
2.9
237.
0
693.
2
1,69
5.7
Apr
il
2016
576.
21,
122.
59.
60.
0
2,47
6.9
246.
4
1,16
4.7
48.1
133.
3
1,25
6.0
1,35
4.7
-34.
2
6,99
0.1
1,21
2.8
370.
3
2,96
4.3
237.
0
875.
7
1,69
8.7
May
574.
41,
127.
19.
80.
0
2,48
7.0
263.
1
1,20
1.1
48.2
114.
7
1,26
2.5
1,40
2.6
-28.
6
7,02
9.2
1,24
9.4
347.
4
2,97
4.0
232.
7
821.
3
1,70
1.6
June
9
TA
BL
E 5
b: C
ON
SOL
IDA
TE
D B
AL
AN
CE
SH
EE
T O
F T
HE
MO
NE
Y-C
RE
AT
ING
INST
ITU
TIO
NS
(con
tinue
d)In
Afl.
mill
ion
End
of p
erio
d
LIA
BIL
ITIE
S
7.
Bro
ad m
oney
a) M
oney
b) Q
uasi
-mon
ey
8.
Mon
ey-c
reat
ing
inst
itutio
nsa)
Mon
etar
y au
thor
ities
b) C
omm
erci
al b
anks
9.
Publ
ic se
ctor
dep
osits
a) G
over
nmen
tb)
Dev
elop
men
t fun
ds
13.
Fore
ign
liabi
litie
sa)
Sho
rt-te
rmb)
Lon
g-te
rm
14.
Rev
alua
tion
diff
eren
ces*
15.
Oth
er d
omes
tic li
abili
ties
10. L
ong-
term
liab
ilitie
sa)
Gov
ernm
ent
b) P
rivat
e se
ctor
11.
Subo
rdin
ated
deb
t
12.
Cap
ital a
nd re
serv
es
16.
Tot
al li
abili
ties
0.0
0.0
0.0
12.5
535.
0
530.
0
1,82
1.4
1,58
8.9
941.
9
71.3
44.8
221.
0
3,41
0.4
942.
4
206.
3
0.5
485.
2
135.
0
6,05
2.6
195.
1
2012
0.0
0.0
0.0
0.0
630.
1
640.
8
1,71
3.4
1,57
8.6
837.
9
99.8
53.8
85.3
3,29
2.0
838.
0
243.
5
0.1
587.
0
143.
7
5,92
8.1
198.
3
2013
0.0
0.0
0.0
0.0
676.
2
607.
8
1,79
3.0
1,66
8.1
875.
1
83.3
57.2
115.
8
3,46
1.0
875.
1
184.
8
0.0
550.
6
101.
5
6,11
3.3
192.
7
2014
0.0
0.0
0.0
0.0
736.
4
539.
5
2,06
0.6
1,74
4.3
1,06
8.1
94.2
76.3
95.3
3,80
4.9
1,06
8.2
173.
6
0.0
463.
1
79.4
6,57
5.4
157.
6
2015
0.0
0.0
0.0
0.0
696.
1
538.
6
1,81
8.3
1,74
9.2
913.
9
67.1
57.5
125.
6
3,56
7.5
913.
9
159.
5
0.0
481.
1
92.4
6,19
6.6
195.
4
Apr
il
2015
0.0
0.0
0.0
0.0
706.
6
541.
9
1,84
1.4
1,73
1.4
938.
3
76.0
57.6
124.
7
3,57
2.8
938.
3
169.
6
0.0
484.
3
93.5
6,24
5.9
192.
1
May
2015
0.0
0.0
0.0
0.0
716.
4
532.
3
1,89
5.4
1,71
7.2
1,00
7.1
45.9
58.4
118.
2
3,61
2.6
1,00
7.2
138.
2
0.1
473.
9
92.3
6,32
2.9
198.
0
June
2015
0.0
0.0
0.0
0.0
764.
9
505.
7
2,19
6.8
1,77
5.9
1,13
1.6
57.7
74.6
137.
7
3,97
2.7
1,13
1.7
130.
4
0.0
431.
1
72.7
6,75
9.3
116.
2
Apr
il
2016
0.0
0.0
0.0
0.0
776.
7
495.
7
2,13
4.5
1,81
0.8
1,17
6.0
275.
9
74.7
136.
7
3,94
5.2
1,17
6.1
351.
2
0.1
421.
0
75.3
6,99
0.1
108.
5
May
2016
0.0
0.0
0.0
0.0
788.
7
466.
9
2,15
6.1
1,91
5.1
1,21
6.8
150.
9
74.8
159.
0
4,07
1.2
1,21
6.8
216.
2
0.1
392.
1
65.3
7,02
9.2
110.
4
June
2016
* O
f gol
d an
d of
ficia
l for
eign
exc
hang
e ho
ldin
gs.
10
TA
BL
E 6
: CE
NT
RA
LE
BA
NK
VA
N A
RU
BA
: SU
MM
AR
Y A
CC
OU
NT
Dom
estic
liab
ilitie
s
Cap
ital
End
of
perio
d(1
)(5
)(7
)(8
)(2
)(6
)(3
)(9
)
Gov
ern-
Rev
alua
tion
of g
old
and
(4)
(12)
Dev
elop
- fo
reig
nex
chan
ge
(10)
(11)
In A
fl. m
illio
n
rese
rves
men
tD
eman
dTi
me
Res
erve
mon
ey
rese
rve
mon
ey
Tota
lO
ther
Fore
ign
liabi
litie
s
and
Not
esde
posi
tsde
posi
ts
men
t
Dom
estic
as
sets
Fore
ign
asse
tsTo
tal
asse
ts
Tota
l lia
bilit
ies
=
(13)
fund
sho
ldin
gs
44.9
13.8
225.
021
0.3
614.
01,
049.
310
.122
1.0
3.7
2012
19.7
1,40
9.5
1,42
9.2
86.3
74.7
7.7
237.
723
6.8
476.
695
1.1
6.6
85.3
0.1
2013
20.6
1,19
2.9
1,21
3.5
88.0
50.8
6.3
261.
826
2.4
474.
499
8.5
7.4
115.
81.
120
1427
.51,
240.
91,
268.
388
.473
.734
.227
1.3
306.
662
4.9
1,20
2.8
6.5
95.3
2.2
2015
22.2
1,48
2.2
1,50
4.4
89.6
Janu
ary
94.2
11.8
233.
624
9.0
533.
91,
016.
56.
813
0.5
0.2
22.2
1,32
2.3
1,34
4.5
84.6
2015
Febr
uary
56.6
21.0
231.
429
2.1
504.
81,
028.
312
.712
6.8
1.9
23.1
1,30
7.1
1,33
0.2
82.9
Mar
ch36
.218
.423
5.2
243.
854
0.8
1,01
9.7
7.3
126.
43.
030
.21,
263.
81,
294.
083
.0A
pril
37.5
17.3
249.
924
5.6
535.
21,
030.
813
.512
5.6
0.1
22.5
1,28
3.8
1,30
6.4
81.7
May
57.3
18.4
234.
534
0.8
477.
31,
052.
68.
712
4.7
0.1
23.0
1,32
2.7
1,34
5.7
84.0
June
27.7
22.2
240.
537
0.5
517.
11,
128.
111
.411
8.2
0.1
23.4
1,36
8.3
1,39
1.8
84.1
July
15.6
19.8
244.
033
7.9
547.
41,
129.
28.
011
9.0
2.9
23.4
1,35
6.6
1,38
0.0
85.5
Aug
ust
35.4
17.8
245.
244
3.1
554.
51,
242.
77.
811
7.3
6.7
24.1
1,49
1.6
1,51
5.7
88.1
Sept
embe
r23
.518
.724
1.5
428.
655
3.2
1,22
3.3
18.3
109.
20.
125
.41,
457.
11,
482.
589
.4O
ctob
er49
.013
.524
0.8
463.
354
6.5
1,25
0.7
16.5
107.
00.
423
.91,
503.
91,
527.
890
.7N
ovem
ber
32.4
25.3
248.
539
9.1
608.
61,
256.
115
.910
4.9
1.4
23.4
1,50
4.5
1,52
7.9
91.8
Dec
embe
r73
.734
.227
1.3
306.
662
4.9
1,20
2.8
6.5
95.3
2.2
22.2
1,48
2.2
1,50
4.4
89.6
Janu
ary
77.8
37.3
251.
423
5.9
776.
81,
264.
17.
410
0.7
1.4
23.9
1,55
5.9
1,57
9.7
90.9
2016
Febr
uary
81.9
35.1
246.
821
8.2
809.
31,
274.
321
.310
0.5
1.2
24.2
1,58
2.0
1,60
6.3
91.9
Mar
ch33
.459
.025
8.2
199.
582
8.2
1,28
6.0
11.6
137.
52.
423
.31,
596.
11,
619.
389
.5A
pril
43.3
62.5
254.
016
6.5
843.
11,
263.
514
.913
7.7
3.3
24.2
1,59
2.0
1,61
6.1
90.9
May
178.
170
.225
3.9
216.
683
6.0
1,30
6.4
8.6
136.
71.
023
.21,
771.
01,
794.
293
.2Ju
ne12
4.0
65.3
260.
716
6.8
931.
91,
359.
47.
115
9.0
4.2
23.1
1,79
0.4
1,81
3.5
94.5
11
TABLE 7: COMMERCIAL BANKS' CONSOLIDATED SUMMARY ACCOUNT In Afl. million
* Supervisory ratios cannot be derived from the consolidated balance sheet.
51.2 26.1
1,040.5 0.0204.6 0.0836.0 0.0
5.9 523.75.9 432.9
0.0 90.70.0 0.0
834.8 33.7575.6 2.8
1,537.6 90.911.2 0.0
2,959.1 127.4
73.0 0.0252.0 0.0
9.6 0.0
334.6 0.0
81.0 28.7
146.1 0.0
4,618.5 705.9
1,994.7 158.297.8 0.0
1,896.9 158.2
1,002.6 76.4
813.3 113.45.1 0.0
808.2 113.4
0.1 98.2
335.4 45.5
683.5 3.1
4,829.6 494.7
27.467.029.6
May 2016
77.4
1,040.5204.6836.0
529.6438.8
90.70.0
3,086.5868.5578.4
1,628.411.2
334.673.0
252.09.6
109.7
146.1
5,324.4
2,152.997.8
2,055.1
1,079.0
926.75.1
921.6
98.3
380.9
686.5
5,324.4
Overall Resident Non-Resident
0.0 90.790.7
53.8 16.0
1,082.3 0.0150.4 0.0931.9 0.0
6.0 524.06.0 409.6
0.0 114.40.0 0.0
839.8 33.5573.7 2.9
1,543.9 91.711.2 0.0
2,968.6 128.0
65.0 0.0237.0 0.0
9.8 0.0
311.8 0.0
84.0 28.6
147.7 0.0
4,654.3 696.6
1,941.1 147.126.9 0.0
1,914.2 147.1
1,013.7 76.3
901.5 113.70.0 0.0
901.5 113.7
0.1 76.8
337.7 45.8
694.3 3.1
4,888.3 462.7
27.667.029.7
June 2016
69.8
1,082.3150.4931.9
530.0415.6
114.40.0
3,096.6873.3576.6
1,635.611.2
311.865.0
237.09.8
112.6
147.7
5,350.9
2,088.226.9
2,061.3
1,089.9
1,015.10.0
1,015.1
76.8
383.5
697.3
5,350.9
Overall Resident Non-Resident
0.0 114.4114.4
1) Cash
2) Central Bank a) Current account b) Time deposits
3) Due from banks a) Current account b) Time deposits 1) One year and below 2) Over one year
4) Loans a) Enterprises b) Individuals c) Mortgage d) Government
5) Securities a) Short-term securities b) Government bonds c) Other
6) Sundry
7) Fixed assets
8) Total
9) Current account a) Government b) Private sector
10) Savings deposits
11) Time deposits a) Development funds b) Private sector
12) Due to banks
13) Other liabilities
14) Capital and reserves
15) Total
Capital/risk-weighted assets ratioLoan/deposit ratioLiquidity ratio
Supervisory ratios*
Liabilities
Assets
End of period
12
TA
BL
E 9
: GO
VE
RN
ME
NT
'S P
OSI
TIO
N W
ITH
TH
E M
ON
ET
AR
Y S
YST
EM
Dom
estic
dep
osits
Cen
tral
End
of
perio
d(1
)(6
)(9
)8+
9)(2
)4+
5+6)
(8)
10-7
)
Net
liabi
lity
(5)
Com
mer
cial
bank
sto
the
mon
etar
ysy
stem
(12)
Ban
k
Dem
and
Mon
etar
yau
thor
ities
Com
mer
cial
Tota
l
Free
Earm
arke
dTo
tal
Gro
ssliq
uidi
typo
sitio
n
Liab
ilitie
s to
bank
s
Cha
nge
in n
etlia
bilit
ydu
ring
perio
d
(4=
(11=
(10=
(7=
1+2+
3)
Dev
elop
men
tfu
nds
(3)
Dev
elop
men
tfu
nds
2015
90.0
245.
910
4.6
242.
034
6.6
100.
739
.554
.710
6.0
49.9
-61.
011
.8Ja
nuar
y80
.020
7.9
104.
623
5.8
340.
413
2.5
5.3
51.3
77.6
50.3
31.8
21.0
Febr
uary
80.0
172.
310
4.7
235.
534
0.2
167.
98.
927
.354
.637
.735
.418
.4M
arch
75.1
159.
510
4.7
235.
534
0.3
180.
813
.623
.954
.829
.612
.917
.3A
pril
75.2
169.
610
4.8
237.
034
1.8
172.
238
.818
.575
.618
.8-8
.618
.4M
ay70
.013
8.2
104.
823
6.1
340.
920
2.7
7.2
20.5
49.9
18.2
30.5
22.2
June
70.1
123.
110
4.8
234.
833
9.6
216.
50.
914
.735
.417
.713
.719
.8Ju
ly70
.614
6.1
104.
923
4.8
339.
719
3.6
12.5
22.9
53.2
22.4
-22.
917
.8A
ugus
t70
.513
2.4
105.
223
4.4
339.
720
7.3
8.0
15.5
42.1
19.7
13.7
18.7
Sept
embe
r70
.515
7.5
105.
524
2.9
348.
419
0.8
32.1
16.9
62.5
24.5
-16.
513
.5O
ctob
er55
.414
2.4
105.
724
2.9
348.
620
6.2
13.2
19.2
57.7
29.3
15.3
25.3
Nov
embe
r45
.217
3.6
106.
226
3.0
369.
219
5.6
50.6
23.1
107.
920
.5-1
0.5
34.2
Dec
embe
r
2016
40.2
190.
210
6.3
265.
837
2.1
181.
90.
877
.111
5.1
34.8
-13.
737
.3Ja
nuar
y40
.319
0.7
106.
526
6.8
373.
318
2.7
21.9
60.0
117.
133
.30.
835
.1Fe
brua
ry15
.213
3.3
106.
726
3.2
369.
923
6.6
1.4
31.9
92.3
25.8
53.9
59.0
Mar
ch10
.213
0.4
107.
026
3.2
370.
223
9.7
10.5
32.8
105.
914
.43.
262
.5A
pril
5.1
351.
210
7.1
263.
237
0.3
19.1
12.1
166.
024
8.3
97.8
-220
.670
.2M
ay0.
021
6.2
99.3
248.
134
7.4
131.
240
.883
.218
9.3
26.9
112.
165
.3Ju
ne
121.
220
6.3
93.7
249.
534
3.2
136.
820
1223
.621
.358
.826
.417
5.7
13.8
136.
024
3.5
103.
224
7.2
350.
410
6.8
2013
52.1
22.7
82.4
25.1
-30.
07.
795
.218
4.8
104.
524
2.0
346.
516
1.7
2014
35.7
15.1
57.2
32.4
54.9
6.3
45.2
173.
610
6.2
263.
036
9.2
195.
620
1550
.623
.110
7.9
20.5
33.9
34.2
13
TA
BL
E 1
0: T
OU
RIS
M
Tota
l
To
tal
V
isito
rs b
y or
igin
D
iver
sific
atio
n
Ave
rage
Ave
rage
C
ruis
e to
uris
m
vi
sito
r
vi
sito
rsIn
dex
1)
nigh
ts
hote
l
ni
ghts
N
orth
O
f whi
ch
Lat
in
Of w
hich
E
urop
e
Of w
hich
O
ther
st
ay
occu
panc
y
Num
ber o
f
Ship
A
mer
ica
U
.S.A
.
Am
eric
a
Ven
ezue
la
Net
her-
ra
te
pass
enge
rs
calls
l
ands
Per
iod
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(14)
2012
6,90
7,14
390
3,93
457
6,83
753
0,95
021
1,59
614
3,20
179
,570
39,9
7335
,931
0.38
7.6
79.0
582,
309
294
2013
7,12
6,77
197
9,25
660
0,63
455
6,29
626
6,95
818
8,02
077
,010
37,7
8834
,654
0.37
7.3
77.3
688,
568
358
2014
7,69
2,90
31,
072,
082
620,
567
576,
800
338,
470
249,
593
80,1
5536
,995
32,8
900.
357.
266
7,09
532
820
158,
329,
592
1,22
4,93
566
5,59
362
1,42
743
7,25
435
0,91
880
,590
35,6
3241
,498
0.34
6.8
607,
019
296
2015
Janu
ary
768,
968
100,
914
58,7
1052
,698
33,7
2825
,018
6,50
43,
313
1,97
20.
347.
677
,819
42Fe
brua
ry66
4,78
089
,991
56,5
8250
,737
25,8
5218
,779
5,45
42,
762
2,10
30.
377.
476
,067
38M
arch
712,
936
103,
506
64,5
1058
,353
30,9
4825
,155
5,52
92,
735
2,51
90.
386.
961
,105
34A
pril
665,
687
99,6
0460
,360
56,8
8828
,582
22,2
035,
307
2,84
95,
355
0.38
6.7
49,6
4424
May
603,
850
87,6
9152
,796
50,5
6925
,387
19,1
586,
077
3,17
23,
431
0.38
6.9
26,4
4713
June
594,
440
87,4
4752
,933
51,2
5625
,335
19,0
326,
110
2,44
93,
069
0.39
6.8
22,2
439
July
747,
038
109,
251
62,6
0760
,371
34,3
2825
,725
7,86
73,
464
4,44
90.
366.
823
,627
10A
ugus
t75
2,85
911
1,47
156
,312
53,5
3943
,637
36,7
288,
531
2,81
62,
991
0.34
6.8
23,2
8210
Sept
embe
r61
6,23
697
,263
39,0
5436
,930
46,7
1338
,704
8,20
93,
036
3,28
70.
316.
324
,372
13O
ctob
er66
5,72
310
9,02
449
,218
46,7
8147
,688
40,3
877,
260
3,05
34,
858
0.32
6.1
50,9
5320
Nov
embe
r68
1,33
911
0,30
753
,437
49,9
5346
,072
39,6
557,
459
3,11
23,
339
0.34
6.2
79,7
5335
Dec
embe
r85
5,73
611
8,46
659
,074
53,3
5248
,984
40,3
746,
283
2,87
14,
125
0.32
7.2
91,7
0748
2016
Janu
ary
785,
884
104,
072
56,5
9751
,105
36,4
1027
,925
6,62
52,
909
4,44
00.
327.
610
1,53
452
Febr
uary
689,
345
96,1
8558
,607
52,6
4528
,727
21,9
205,
472
2,74
43,
379
0.36
7.2
81,5
7438
Mar
ch72
4,45
810
9,99
866
,055
60,8
4434
,727
28,0
415,
496
2,74
63,
720
0.38
6.6
96,7
3648
Apr
il64
5,28
098
,823
61,5
2358
,464
28,2
2021
,648
5,48
63,
213
3,59
40.
406.
550
,579
26M
ay56
5,76
380
,964
52,9
5150
,512
17,4
0610
,761
7,25
82,
750
3,34
90.
417.
020
,462
8Ju
ne61
2,51
986
,697
56,1
0154
,531
20,6
0012
,052
6,82
32,
550
3,17
30.
427.
125
,452
7
Sour
ce: A
ruba
Tou
rism
Aut
horit
y/C
entra
l Bur
eau
of S
tatis
tics/
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
.
14
TABLE 11: GROWTH IN STAY-OVER TOURISM
Total Total North Of which Latin Of which Europe Of which Othervisitor visitors America U.S.A. America Venezuela Nether-nights lands
Period (1) (2) (3) (4) (5) (6) (7) (8) (9)
Monthly percentage changes 1)
2015 January 12.5 21.7 10.4 9.9 65.3 107.7 -11.5 3.5 1.2February 5.7 13.9 6.2 5.8 58.3 79.7 -19.5 -18.0 -19.4March 18.8 24.5 5.8 6.3 118.6 187.7 -4.5 -11.3 14.4April 15.5 18.5 16.2 15.9 22.0 32.9 3.3 2.7 49.4May 13.1 12.3 4.9 5.3 34.0 54.2 2.6 1.1 17.9June 3.7 5.7 2.9 3.9 10.1 20.6 2.3 -9.8 33.4July 9.0 13.9 9.8 10.3 23.8 33.3 6.3 3.2 16.6August 5.6 9.2 11.0 11.0 6.7 13.0 7.1 -3.5 22.1September 5.6 15.1 9.6 10.5 21.2 31.2 3.8 -0.5 35.9October 7.6 17.7 9.9 10.0 25.9 34.6 8.0 -5.2 48.7November 1.7 13.5 -1.4 -0.7 36.2 47.7 11.2 -7.4 34.8December 3.5 7.8 3.4 5.9 13.1 14.5 -3.5 2.1 41.8
2016 January 2.2 3.1 -3.6 -3.0 8.0 11.6 1.9 -12.2 125.2February 3.7 6.9 3.6 3.8 11.1 16.7 0.3 -0.7 60.7March 1.6 6.3 2.4 4.3 12.2 11.5 -0.6 0.4 47.7April -3.1 -0.8 1.9 2.8 -1.3 -2.5 3.4 12.8 -32.9May -6.3 -7.7 0.3 -0.1 -31.4 -43.8 19.4 -13.3 -2.4June 3.0 -0.9 6.0 6.4 -18.7 -36.7 11.7 4.1 3.4
Cumulative percentage changes 2)
2015 January 12.5 21.7 10.4 9.9 65.3 107.7 -11.5 3.5 1.2February 9.2 17.9 8.3 7.8 62.2 94.7 -15.3 -7.5 -10.6March 12.2 20.2 7.4 7.3 77.9 120.7 -12.2 -8.7 -2.4April 13.0 19.7 9.5 9.4 60.3 90.1 -9.0 -6.1 15.5May 13.0 18.3 8.6 8.6 55.0 82.7 -6.8 -4.7 16.0June 11.5 16.2 7.7 7.8 46.1 69.8 -5.3 -5.4 18.6July 11.1 15.8 8.0 8.2 41.8 62.4 -3.4 -4.1 18.2August 10.3 14.8 8.4 8.5 34.0 49.9 -1.8 -4.0 18.7September 9.8 14.9 8.5 8.7 31.8 46.4 -1.0 -3.6 20.4October 9.6 15.2 8.6 8.8 30.9 44.5 -0.1 -3.8 23.7November 8.8 15.0 7.6 7.9 31.5 44.9 0.9 -4.2 24.7December 8.3 14.3 7.3 7.7 29.2 40.6 0.5 -3.7 26.2
2016 January 2.2 3.1 -3.6 -3.0 8.0 11.6 1.9 -12.2 125.2February 2.9 4.9 -0.1 0.3 9.3 13.8 1.2 -6.9 91.9March 2.5 5.4 0.8 1.7 10.3 13.0 0.6 -4.7 75.0April 1.2 3.8 1.1 2.0 7.5 9.2 1.3 -0.4 26.6May -0.2 1.7 0.9 1.6 0.7 0.0 5.1 -3.2 20.2June 0.3 1.3 1.7 2.4 -2.2 -5.4 6.2 -2.1 17.4
1) As compared to a year earlier.2) From the beginning of the year to the end of the indicated period as compared to the corresponding period of
a year earlier.
15
TA
BL
E 1
2: C
ON
SUM
ER
PR
ICE
IN
DE
X(D
ecem
ber 2
006
= 10
0) Perc
enta
ge C
hang
e
All
Ove
rO
ver
Ove
r L
ast 1
2 m
onth
sgr
oups
prev
ious
3 m
onth
sa
year
ove
r pre
viou
sEn
d of
per
iod
inde
xm
onth
earli
erea
rlier
12
mon
ths
2012
116.
8-0
.2-2
.1-3
.70.
620
1311
6.9
0.3
-0.5
0.1
-2.4
2014
119.
51.
31.
42.
20.
420
1511
8.4
0.6
0.2
-0.9
0.5
2015
Janu
ary
117.
7-1
.5-0
.81.
00.
5Fe
brua
ry11
7.6
-0.1
-0.4
0.7
0.6
Mar
ch11
8.6
0.9
-0.7
1.3
0.8
Apr
il11
8.5
-0.1
0.6
1.1
0.9
May
118.
90.
31.
11.
11.
0Ju
ne11
8.4
-0.4
-0.2
0.7
1.0
July
119.
20.
60.
60.
91.
0A
ugus
t11
8.8
-0.3
0.0
0.7
1.0
Sept
embe
r11
8.1
-0.6
-0.2
0.3
1.1
Oct
ober
117.
7-0
.4-1
.2-0
.80.
9N
ovem
ber
117.
80.
0-0
.9-0
.20.
7D
ecem
ber
118.
40.
60.
2-0
.90.
5
2016
Janu
ary
117.
1-1
.1-0
.5-0
.50.
3Fe
brua
ry11
6.9
-0.2
-0.7
-0.6
0.2
Mar
ch11
6.5
-0.3
-1.6
-1.8
0.0
Apr
il11
6.5
0.0
-0.5
-1.6
-0.2
May
117.
00.
40.
1-1
.6-0
.5Ju
ne11
7.4
0.4
0.8
-0.8
-0.6
* A
s of J
anua
ry 2
009,
the
basi
s Sep
tem
ber 2
000
= 10
0 ha
s bee
n sh
ifted
to
Dec
embe
r 200
6 =
100.
16