What was the extent of the COVID-19 emergency package for businesses?
From March 2020 to October 2021 inclusive, an emergency package was in place for businesses in the Caribbean Netherlands, to tackle the economic consequences of the coronavirus pandemic. A total of 47 million US dollars was paid in 2020, while in 2021 the support amounted to 51 million US dollars.
| 2020 | 2021 | |
|---|---|---|
| Bonaire | 41.432 | 46.747 |
| St Eustatius | 3.402 | 2.646 |
| Saba | 2.434 | 1.709 |
In 2021, altogether 37 percent of businesses on Bonaire received a financial contribution towards their wage costs and/or fixed overhead. On both Saba and St Eustatius, this was 30 percent. Altogether 1.1 thousand Bonaire companies received support; 100 on St Eustatius and 60 on Saba.
| 2020 | 2021 | |
|---|---|---|
| Bonaire | 1280 | 1110 |
| St Eustatius | 170 | 100 |
| Saba | 120 | 60 |
On Bonaire, 39 percent of the financial contributions (18.4 million US dollars) went towards the accommodation and food services sector. Another 39 percent of the package was received by wholesale and retail trade, culture, sports and recreation, and rental and other business services.
| COVID-19 emergency package | |
|---|---|
| Accommodation and food services | 18.4 |
| Wholesale and retail trade | 7.4 |
| Culture, sports and recreation | 5.9 |
| Rental and other business services | 4.9 |
| Transportation and storage | 2.1 |
| Other services | 1.6 |
| Real estate activities | 1.3 |
| Construction | 0.8 |
| Specialised business services | 0.8 |
| Financial services | 0.7 |
| Manufacturing | 0.5 |
| Education | 0.4 |
| Information and communication | 0.3 |
| Health care and welfare | 0.1 |
| Unknown | 1.4 |
More information about the emergency package for companies (Dutch only)