WILLEMSTAD, ORANJESTAD – Aruba ranks slightly higher than Curaçao in a new regional index measuring economic resilience among Caribbean countries. The difference between the two islands is small, but the results highlight different strengths and vulnerabilities in both economies.
The Resilience Index Caribbean, developed by Economisch Bureau Amsterdam, compares 18 Caribbean countries based on their ability to withstand economic crises, natural disasters and other external shocks.
Aruba scored 13.84 points and ranked fifth overall, while Curaçao scored 13.39 points and placed sixth. Jamaica leads the ranking, followed by Barbados and Belize. Sint Maarten ranked 16th with 11.74 points.
According to the researchers, Aruba’s advantage comes mainly from stronger economic indicators and healthier public finances.
The island scores better in areas such as income per capita, import coverage through available reserves and income distribution. Aruba also benefits from relatively favorable inflation and unemployment figures.
Another factor contributing to Aruba’s score is that its trade relationships are spread across several countries. This reduces dependence on a single economic partner and limits the impact of international disruptions.
The country’s government finances also receive a relatively positive assessment. Aruba has recorded positive primary budget balances in recent years, meaning government revenues exceeded expenditures before interest payments on debt are taken into account.
However, the report also identifies vulnerabilities. Aruba remains highly dependent on tourism and imported goods. The agricultural, livestock and fishing sectors remain small, meaning that international travel disruptions or supply chain problems could quickly affect the economy.
The researchers emphasize that the ranking is a relative comparison within the Caribbean region. A high position does not necessarily mean that a country is fully prepared for future crises.
Instead, the index highlights where countries are stronger and where structural challenges remain.