Current account balance as a proportion of gdp in Aruba
Aruba: Current account balance as a proportion of gdp was 7.03 in 2022. ◆ Volatile
Latest (2022)
7.03
Change on year
up 159.4%
World rank
27th
of 191 countries
All-time high
16.28
in 2001
All-time low
-18.75
in 2010
Years of data
23
2000–2022
Current account balance as a proportion of gdp in Aruba, 2000–2022
Source: Our World in Data.
Analysis
Aruba recorded 7.03 for current account balance as a proportion of gdp in 2022.
The figure is up 159.4% on the previous year and up 102.6% over ten years.
Over the whole period, current account balance as a proportion of gdp in Aruba peaked at 16.28 in 2001 and was at its lowest, -18.75, in 2010.
Aruba ranks 27th of 191 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of gdp in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 11.06 | — |
| 2001 | 16.28 | +47.2% |
| 2002 | -17.34 | -206.5% |
| 2003 | -8.1 | -53.3% |
| 2004 | 12.01 | -248.3% |
| 2005 | 4.45 | -62.9% |
| 2006 | 12.57 | +182.5% |
| 2007 | 9.65 | -23.2% |
| 2008 | 0 | -100.0% |
| 2009 | 6.72 | — |
| 2010 | -18.75 | -379.0% |
| 2011 | -9.88 | -47.3% |
| 2012 | 3.47 | -135.1% |
| 2013 | -11.81 | -440.3% |
| 2014 | -4.66 | -60.5% |
| 2015 | 3.99 | -185.6% |
| 2016 | 4.73 | +18.5% |
| 2017 | 1.12 | -76.3% |
| 2018 | -0.59 | -152.7% |
| 2019 | 2.5 | -523.7% |
| 2020 | -12.75 | -610.0% |
| 2021 | 2.71 | -121.3% |
| 2022 | 7.03 | +159.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.73 | -17.34 | 16.28 | 10 |
| 2010s | -2.99 | -18.75 | 4.73 | 10 |
| 2020s | -1 | -12.75 | 7.03 | 3 |
Countries ranked near Aruba
- 24 Faroe Islands 7.75 compare
- 24 Nicaragua 7.75 compare
- 26 French Polynesia 7.49 compare
- 28 Micronesia (country) 7.02 compare
- 29 Switzerland 6.6 compare
- 30 Sweden 6.45 compare
More economy & growth data for Aruba
- GNI (current US$), per capita 36,495 current US$ per person (2024)
- Taxes less subsidies on products (current US$), annual growth rate 28.94 % change on previous year (2023)
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 28.29 % change on previous year (2024)
- GNI (current LCU), per capita 65,326 current LCU per person (2024)
- GNI (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2024)
- GNI (current LCU), annual growth rate 14.87 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 35,201 current US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 11.75 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9122 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Aruba?
- Current account balance as a proportion of gdp in Aruba was 7.03 in 2022, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Aruba?
- The highest recorded value was 16.28 in 2001.
- What is the lowest current account balance as a proportion of gdp recorded in Aruba?
- The lowest recorded value was -18.75 in 2010.
- How does Aruba rank for current account balance as a proportion of gdp?
- Aruba ranks 27th out of 191 countries with data for 2022.
- Is current account balance as a proportion of gdp rising or falling in Aruba?
- Over the last ten years it is up 102.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Our World in Data).