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Which services form the basis of Aruba’s economy?

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Services form the foundation of the Aruban economy. These activities are primarily centered on tourism, which the island has aggressively promoted through the development of luxury hotels and casinos.

Beyond tourism, the economy is supported by several other key service sectors, including:

  • Offshore banking and financial services: International offshore financial operations play an important role in the island's economic structure.1
  • Data processing: The development of a data-processing sector has helped diversify the economy.1
  • Trade: The establishment of a free-trade zone has further contributed to economic diversification.1

These service-based industries have become essential to Aruba's stability, particularly following the closure of the island's oil refinery in 2012.1