Current account balance (BoP, current US$), annual growth rate in Aruba
Aruba: Current account balance (BoP, current US$), annual growth rate was -15.64 % change on previous year in 2023. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Aruba, 1987–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, current account balance (bop, current us$), annual growth rate in Aruba stood at -15.64 % change on previous year.
That represents a change of down 108.2% on the previous year and up 96.6% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Aruba peaked at 537.68 % change on previous year in 2019 and was at its lowest, -473.19 % change on previous year, in 2020.
That places Aruba 132nd out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | -20.96 % change on previous year | — |
| 1988 | -96.29 % change on previous year | +359.4% |
| 1989 | -5.42 % change on previous year | -94.4% |
| 1990 | -238.64 % change on previous year | +4301.0% |
| 1991 | -32.46 % change on previous year | -86.4% |
| 1992 | 120.91 % change on previous year | -472.5% |
| 1993 | -4.72 % change on previous year | -103.9% |
| 1994 | 94.24 % change on previous year | -2096.9% |
| 1995 | -100.34 % change on previous year | -206.5% |
| 1997 | -183.35 % change on previous year | +82.7% |
| 1998 | 90.41 % change on previous year | -149.3% |
| 2000 | 147.56 % change on previous year | +63.2% |
| 2001 | 49.05 % change on previous year | -66.8% |
| 2002 | -210.2 % change on previous year | -528.5% |
| 2003 | 51.34 % change on previous year | -124.4% |
| 2004 | 263.63 % change on previous year | +413.5% |
| 2005 | -61.25 % change on previous year | -123.2% |
| 2006 | 195.87 % change on previous year | -419.8% |
| 2007 | -16.84 % change on previous year | -108.6% |
| 2008 | -99.96 % change on previous year | +493.7% |
| 2010 | -368.01 % change on previous year | +268.2% |
| 2011 | 43.37 % change on previous year | -111.8% |
| 2012 | 134.86 % change on previous year | +211.0% |
| 2013 | -454.75 % change on previous year | -437.2% |
| 2014 | 59.65 % change on previous year | -113.1% |
| 2015 | 191.02 % change on previous year | +220.2% |
| 2016 | 19.3 % change on previous year | -89.9% |
| 2017 | -75.47 % change on previous year | -491.1% |
| 2018 | -155.95 % change on previous year | +106.6% |
| 2019 | 537.68 % change on previous year | -444.8% |
| 2020 | -473.19 % change on previous year | -188.0% |
| 2021 | 125.05 % change on previous year | -126.4% |
| 2022 | 190.9 % change on previous year | +52.7% |
| 2023 | -15.64 % change on previous year | -108.2% |
Aruba compared with similar countries
- Aruba's -15.64 % change on previous year is below the median for high income countries, which is 1.97 % change on previous year. (71 countries reporting)
- Aruba's -15.64 % change on previous year is below the median for Latin America & Caribbean, which is -3.31 % change on previous year, 4.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | -4301.0% | -5.42 % change on previous year | -238.64 % change on previous year |
| 1994 | +2096.9% | -4.72 % change on previous year | 94.24 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -40.89 % change on previous year | -96.29 % change on previous year | -5.42 % change on previous year | 3 |
| 1990s | -31.74 % change on previous year | -238.64 % change on previous year | 120.91 % change on previous year | 8 |
| 2000s | 35.47 % change on previous year | -210.2 % change on previous year | 263.63 % change on previous year | 9 |
| 2010s | -6.83 % change on previous year | -454.75 % change on previous year | 537.68 % change on previous year | 10 |
| 2020s | -43.22 % change on previous year | -473.19 % change on previous year | 190.9 % change on previous year | 4 |
Countries ranked near Aruba
- 129 Switzerland -15.46 % change on previous year compare
- 130 Bahrain -15.47 % change on previous year compare
- 131 Uganda -15.64 % change on previous year compare
- 133 Qatar -15.73 % change on previous year compare
- 134 East Timor -15.98 % change on previous year compare
- 135 Sri Lanka -16.21 % change on previous year compare
More economy & growth data for Aruba
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (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)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (2024)
- Final consumption expenditure (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per capita 46,310 current LCU per person (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Aruba?
- Current account balance (bop, current us$), annual growth rate in Aruba was -15.64 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Aruba?
- The highest recorded value was 537.68 % change on previous year in 2019.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -473.19 % change on previous year in 2020.
- How does Aruba rank for current account balance (bop, current us$), annual growth rate?
- Aruba ranks 132nd out of 198 countries with data for 2023.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 96.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.