The Netherlands Antilles was an autonomous Caribbean country within the Kingdom of the Netherlands, which was formally dissolved in 2010.
Overview
Tourism, petroleum transshipment, and offshore finance were the mainstays of the economy, which was closely tied to the outside world. The islands enjoyed a high per capita income and a well-developed infrastructure as compared with other countries in the region at the time of the dissolution. Almost all consumer and capital goods were imported, with Venezuela, the United States, and Mexico being the major suppliers. Poor soils and inadequate water supplies hampered the development of agriculture.
Statistics
Gross Domestic product- $3.81 billion
GDP:
purchasing power parity - $3 600 million (3,6 G$) (2007 est.)
GDP - real growth rate:
4,0% (2007 est.)
GDP - per capita:
purchasing power parity - $19 000 (2007 est.)
GDP - composition by sector: agriculture:
1%
industry:
15%
services:
84% (2007 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share: lowest 10%:
± 1,5%
highest 10%:
± 31%
Inflation rate (consumer prices):
3,0% (2007)
Labour force:
83 600 (2005)
Labour force - by occupation:
agriculture 1%, industry 20%, services 79% (2007 est.)
Unemployment rate:
9% (2007 est.)
Budget: revenues:
$757,9 million
expenditures:
$949,5 million, including capital expenditures of $NA (2004 est.)
Its external debt was $2 680 million (2004). The IMF provided $61 million in 2000, and the Netherlands continued its support with $40 million (2004)
Currency
Its currency was 1 Netherlands Antillean guilder, gulden, or florin (NAf.) = 100 cents
Its exchange rate was Netherlands Antillean guilders, gulden, or florins (NAf.) per US$1 – 1.790 (fixed rate since 1989).
†Physiographically, these continental islands are not part of the volcanic Windward Islands arc, although sometimes grouped with them culturally and politically.
#Bermuda is an isolated North Atlanticoceanic island, physiographically not part of the Lucayan Archipelago, Antilles, Caribbean Sea nor North American continental nor South American continental islands. It is grouped with the Northern American region, but occasionally also with the Caribbean region culturally.
†Physiographically, these continental islands are not part of the volcanic Windward Islands arc, although sometimes grouped with them culturally and politically.
#Bermuda is an isolated North Atlanticoceanic island, physiographically not part of the Lucayan Archipelago, Antilles, Caribbean Sea nor North American continental nor South American continental islands. It is grouped with the Northern American region, but occasionally also with the Caribbean region culturally.
