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International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund
Finance & Development, June 2020
International Monetary Fund. Western Hemisphere Dept.

IMF Country Report No. 21/81

International Monetary Fund. Western Hemisphere Dept.
Aruba managed to contain the pandemic in the first months of the outbreak but experienced a resurgence of new infections in the summer. The economic impact of COVID-19 is particularly severe given Aruba’s high dependency on tourism. While the authorities’ swift response has helped contain the human and economic damage, it could not avoid a severe GDP contraction.
International Monetary Fund. Western Hemisphere Dept.

1. One year into the pandemic Aruba is enduring its fourth wave of infections. Since mid-March the number of active COVID-19 infections started increasing again, reaching a peak in early April. Active cases are currently about 0.5 percent of the population, and the total infection rate (including visitors), reached 8.6 percent, closely trailing the US. However, the peak of the wave has already passed, and the healthcare system remains resilient. Vaccinations advance steadily: so far almost 20 percent of the population has been vaccinated, about 9 percent having received the second dose.