Central Bank of Aruba - Annual Report 2005

According to the Central Bank of Aruba's Annual Report 2005, the Aruban economy expanded for the third consecutive year in 2005, albeit at a slower pace than in the previous year.

"Its preliminary estimates based on currently available economic indicators point to a growth in real GDP of 2.4 percent, down from 3.5 percent in 2004, due mainly to a significant contraction in growth of tourism spending. This slowdown was mitigated by a strong domestic demand, reflecting a notable upturn in gross

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