The basis of the Aruban economy is tourism. Other important sectors are offshore banking, oil refining and storage. The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities. Construction has boomed with hotel capacity five times the 1985 level. In addition the reopening of the country's oil refinery in 1993 a major source of employment and foreign exchange earnings has further spurred growth. Aruba's small labor force and less than 1% unemployment rate have led to a large number of unfilled job vacancies despite sharp rises in wage rates in recent years.
Aruba Gallery
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