Introduction:
Once the center of the Caribbean slave trade, the island of Curacao was hard hit by the abolition of slavery in 1863. Its prosperity (and that of neighboring Aruba) was restored in the early 20th century with the construction of oil refineries to service the newly discovered Venezuelan oil fields. The island of Saint Martin is shared with France; its southern portion is named Sint Maarten and is part of the Netherlands Antilles; its northern portion is called Saint-Martin and is part of Guadeloupe (France).

Location: Caribbean, two island groups in the Caribbean Sea - composed of five islands, Curacao and Bonaire located off the coast of Venezuela, and St. Maarten, Saba, and St. Eustatius lie east of the US Virgin Islands

Population: 221,736 (July 2006 est.)

Languages: Papiamento 65.4% (a Spanish-Portuguese-Dutch-English dialect), English 15.9% (widely spoken), Dutch 7.3% (official), Spanish 6.1%, Creole 1.6%, other 1.9%, unspecified 1.8% (2001 census)

Country name: conventional long form: none
conventional short form: Netherlands Antilles
local long form: none
local short form: Nederlandse Antillen
former: Curacao and Dependencies

Capital: name: Willemstad (on Curacao)
geographic coordinates: 12 06 N, 68 56 W
time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)

Economy - overview:
Tourism, petroleum refining, and offshore finance are the mainstays of this small economy, which is closely tied to the outside world. Although GDP has declined or grown slightly in each of the past eight years, the islands enjoy a high per capita income and a well-developed infrastructure compared with other countries in the region. Almost all consumer and capital goods are imported, the US and Mexico being the major suppliers. Poor soils and inadequate water supplies hamper the development of agriculture. Budgetary problems hamper reform of the health and pension systems of an aging population.