Aruba vs Latin America & Caribbean: External balance on goods and services
External balance on goods and services over time
- Aruba
- Latin America & Caribbean
How they compare
Aruba currently reports 7.8% against -0.3% in Latin America & Caribbean, a difference of 8.1%.
That makes Aruba's figure about 27.4 times Latin America & Caribbean's.
The two have swapped places 5 times across 30 shared years of data; in 1995 it was Latin America & Caribbean ahead.
Aruba ranks 26th and Latin America & Caribbean ranks 25th of 193 countries.
Latin America & Caribbean has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Aruba | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -3.2% | -1.3% | 1.9% | Latin America & Caribbean |
| 2000s | -6.0% | 1.0% | 7.0% | Latin America & Caribbean |
| 2010s | -5.9% | -0.5% | 5.4% | Latin America & Caribbean |
| 2020s | -1.2% | -0.6% | 0.6% | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Aruba or Latin America & Caribbean?
- Aruba, at 7.8% against -0.3% in Latin America & Caribbean as of 2024.
- What is the difference in external balance on goods and services between Aruba and Latin America & Caribbean?
- 8.1%, with Aruba ahead.
- How many years of comparable data are there for Aruba and Latin America & Caribbean?
- 30 years are reported by both, from 1995 to 2024.
- How do Aruba and Latin America & Caribbean rank globally for external balance on goods and services?
- Aruba ranks 26th and Latin America & Caribbean ranks 25th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.