The Central Bank of Aruba published its September 2026 monthly statistics, showing a slight contraction in broad money as foreign fund outflows exceeded domestic money creation. Private sector credit expanded, while banks’ capital and liquidity ratios declined. The economic indicators showed higher annual inflation and growth in tourism arrivals compared with September 2025. Broad money fell by AWG 10.8 million to AWG 7,633.7 million during September. Net foreign fund outflows of AWG 147.5 million, excluding revaluation differences on gold and official foreign exchange holdings, outweighed domestic money creation of AWG 136.7 million. Claims on the private sector increased by AWG 170.6 million to AWG 5,270.3 million, driven mainly by a rise of AWG 137.6 million in claims on enterprises. Commercial banks’ ratio of capital to risk weighted assets fell to 26.7% from 27.7% in August, while their liquidity ratio declined to 31.1% from 31.9%. Annual consumer price inflation increased to 3.0% from 2.7% in August, with prices rising 0.3% during September. Stay-over visitor arrivals reached 114,517, up 17.1% from September 2025. Arrivals from Latin America increased 49.4%, compared with growth of 8.2% from North America. Total stay-over arrivals for January through September were 11.6% above the corresponding period of 2025.
Central Bank of Aruba reports September money supply decline as foreign outflows outweigh domestic money creation
The Central Bank of Aruba’s September 2026 statistics showed broad money falling by AWG 10.8 million to AWG 7,633.7 million as net foreign fund outflows exceeded domestic money creation. Private sector credit rose by AWG 170.6 million, mainly through lending to enterprises, while banks’ capital and liquidity ratios declined. Annual consumer price inflation reached 3.0%, up from 2.7% in August.