Annual growth rate of real GDP per capita (%) in Aruba
Aruba: Annual growth rate of real GDP per capita (%) was 6.7% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Aruba, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Aruba recorded 6.7% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is down 11.8% on the previous year and up 1,016.7% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Aruba peaked at 14.5% in 2021 and was at its lowest, -24.2%, in 2020.
Aruba ranks 10th of 228 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.8% | — |
| 2001 | -3.3% | -283.3% |
| 2002 | -1.1% | -66.7% |
| 2003 | -0.5% | -54.5% |
| 2004 | 6.5% | -1400.0% |
| 2005 | 0.1% | -98.5% |
| 2006 | -0.2% | -300.0% |
| 2007 | 2.1% | -1150.0% |
| 2008 | -2.5% | -219.0% |
| 2009 | -10.9% | +336.0% |
| 2010 | -3.9% | -64.2% |
| 2011 | 0.3% | -107.7% |
| 2012 | -2.4% | -900.0% |
| 2013 | 5.9% | -345.8% |
| 2014 | 0.6% | -89.8% |
| 2015 | 2.8% | +366.7% |
| 2016 | 0.5% | -82.1% |
| 2017 | 2.7% | +440.0% |
| 2018 | 2.5% | -7.4% |
| 2019 | 0.6% | -76.0% |
| 2020 | -24.2% | -4133.3% |
| 2021 | 14.5% | -159.9% |
| 2022 | 4.9% | -66.2% |
| 2023 | 7.6% | +55.1% |
| 2024 | 6.7% | -11.8% |
Aruba compared with similar countries
- Aruba's 6.7% is above the median for high income countries, which is 1.4%, 4.6× the median. (74 countries reporting)
- Aruba's 6.7% is above the median for Latin America & Caribbean, which is 2.2%, 3.1× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 | -4133.3% | 0.6% | -24.2% |
| 2004 | +1400.0% | -0.5% | 6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.8% | -10.9% | 6.5% | 10 |
| 2010s | 1.0% | -3.9% | 5.9% | 10 |
| 2020s | 1.9% | -24.2% | 14.5% | 5 |
Countries ranked near Aruba
- 7 Kyrgyzstan 7.3% compare
- 8 Bhutan 6.8% compare
- 8 Cabo Verde 6.8% compare
- 10 Guinea 6.7% compare
- 12 Marshall Islands 6.5% compare
- 13 Viet Nam 6.4% compare
- 13 Vietnam 6.4% compare
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 growth rate of real gdp per capita in Aruba?
- Annual growth rate of real gdp per capita in Aruba was 6.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Aruba?
- The highest recorded value was 14.5% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Aruba?
- The lowest recorded value was -24.2% in 2020.
- How does Aruba rank for annual growth rate of real gdp per capita?
- Aruba ranks 10th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Aruba?
- Over the last ten years it is up 1,016.7%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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