Aruba is currently in a very strong financial position. The country is heading toward a budget surplus of around 6%, a result that many countries would welcome. This positive outcome is mainly due to higher tax revenues, supported by continued economic growth.
By the end of the third quarter of 2025, the government recorded a surplus of 473 million Aruban florins. This shows that income is significantly higher than expected, while spending remains under control.
The College financieel toezicht (Cft), the independent financial supervisor, has responded positively to these figures. It advises the government to use part of this extra income to reduce the national debt, which is currently about 5 billion florins. Lower debt would also reduce interest costs in the future, creating more room for investment and public services.
There has already been progress on this front. Aruba’s debt-to-GDP ratio has fallen from 69% at the end of 2024 to 63%, indicating a healthier balance between debt and economic output.
The Cft’s only concern is that some planned investments are being carried out more slowly than expected. As a result, not all available funds are being used efficiently. Improving investment execution could further strengthen Aruba’s economic outlook.
Overall, Aruba’s financial results reflect sound fiscal management and a resilient economy, positive signals for businesses, individuals, and investors
Read the full article (in Dutch) here: Dossier Koninkrijksrelaties (December 1, 2025): “Financieringsoverschot Aruba schiet door richting 6%”
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