The Central Bank of Aruba published its quarterly Economic Bulletin on Aruba’s government sector for the fourth quarter of 2025, reporting that the government’s cash-basis financial balance shifted to a deficit and that outstanding government debt declined year on year. Outstanding debt stood at AWG 5,124.4 million at end-December 2025, down from AWG 5,265.0 million at end-December 2024, reflecting lower foreign and domestic debt. Over the quarter, total revenue fell to AWG 428.6 million (down AWG 23.5 million year on year) while expenditure decreased to AWG 437.0 million (down AWG 7.4 million), contributing to a cash-basis deficit of AWG 9.4 million versus a AWG 6.9 million surplus a year earlier. Wage-related spending increased to AWG 159.0 million and the wage-related outlays to total tax revenue ratio rose to 40.7% from 37.6%.
Central Bank of Aruba 2026-03-31
Central Bank of Aruba bulletin shows Q4 2025 government cash balance moved to deficit and debt fell to AWG 5,124.4 million
The Central Bank of Aruba’s quarterly Economic Bulletin for the fourth quarter of 2025 reports that the government’s cash-basis financial balance moved to a deficit of AWG 9.4 million from a AWG 6.9 million surplus a year earlier, as revenue fell more than expenditure. Outstanding government debt declined year on year to AWG 5,124.4 million at end-December 2025, while wage-related spending rose to AWG 159.0 million and the ratio of wage-related outlays to tax revenue increased to 40.7% from 37.6%.