Photo description: A busy street with businesses in Kralendijk Bonaire

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.

COVID-19 emergency package for companies (million USD)
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.

30% of companies on Saba and St Eustatius received support in 2021 Buitenvorm Binnenvorm
Companies receiving support through the COVID-19 emergency package
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 for companies by sector, Bonaire, 2021 (million USD)
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)

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