Annual GDP growth (%) in Aruba
Aruba: Annual GDP growth (%) was 6.8% in 2024. ◆ Volatile
Annual GDP growth in Aruba, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Aruba is 6.8%, measured in 2024.
The figure is down 11.6% on the previous year and up 377.6% over ten years.
Over the whole period, annual gdp growth in Aruba peaked at 14.7% in 2021 and was at its lowest, -23.9%, in 2020.
That places Aruba 16th out of 230 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.6% | — |
| 2001 | 4.2% | -45.1% |
| 2002 | -0.9% | -122.6% |
| 2003 | 1.1% | -217.5% |
| 2004 | 7.3% | +556.8% |
| 2005 | -0.4% | -105.3% |
| 2006 | 1.1% | -394.3% |
| 2007 | 3.1% | +174.0% |
| 2008 | 1.8% | -40.6% |
| 2009 | -11.7% | -736.1% |
| 2010 | -2.7% | -76.6% |
| 2011 | 3.4% | -223.3% |
| 2012 | -1.0% | -130.9% |
| 2013 | 6.4% | -717.9% |
| 2014 | 1.4% | -77.8% |
| 2015 | 3.6% | +153.2% |
| 2016 | 1.2% | -65.8% |
| 2017 | 3.5% | +183.0% |
| 2018 | 3.2% | -8.0% |
| 2019 | 1.2% | -61.9% |
| 2020 | -23.9% | -2050.7% |
| 2021 | 14.7% | -161.6% |
| 2022 | 10.6% | -27.8% |
| 2023 | 7.7% | -27.5% |
| 2024 | 6.8% | -11.6% |
Aruba compared with similar countries
- Aruba's 6.8% is above the median for high income countries, which is 2.1%, 3.2× the median. (80 countries reporting)
- Aruba's 6.8% is above the median for Latin America & Caribbean, which is 3.3%, 2.1× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2050.7% | 1.2% | -23.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -11.7% | 7.6% | 10 |
| 2010s | 2.0% | -2.7% | 6.4% | 10 |
| 2020s | 3.2% | -23.9% | 14.7% | 5 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Real gdp growth, annual growth rate -16.76 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 0.9279 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), annual growth rate 19.75 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 64,094 current LCU per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Final consumption expenditure (current US$), per capita 25,871 current US$ per person (2024)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (2024)
Frequently asked questions
- What is annual gdp growth in Aruba?
- Annual gdp growth in Aruba was 6.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Aruba?
- The highest recorded value was 14.7% in 2021.
- What is the lowest annual gdp growth recorded in Aruba?
- The lowest recorded value was -23.9% in 2020.
- How does Aruba rank for annual gdp growth?
- Aruba ranks 16th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Aruba?
- Over the last ten years it is up 377.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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