Final consumption expenditure (current US$) in Aruba
Aruba: Final consumption expenditure (current US$) was 2.79 billion current US$ in 2024. ▲ Rising
Final consumption expenditure in Aruba, 1995–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, final consumption expenditure in Aruba stood at 2.79 billion current US$.
The figure is down 1.4% on the previous year and up 21.4% over ten years.
Over the whole period, final consumption expenditure in Aruba peaked at 2.83 billion current US$ in 2023 and was at its lowest, 930.17 million current US$, in 1995.
Aruba ranks 164th of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Final consumption expenditure (current US$) in Aruba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 930.17 million current US$ | — |
| 1996 | 1.02 billion current US$ | +9.2% |
| 1997 | 1.13 billion current US$ | +10.8% |
| 1998 | 1.20 billion current US$ | +7.0% |
| 1999 | 1.27 billion current US$ | +5.6% |
| 2000 | 1.33 billion current US$ | +4.3% |
| 2001 | 1.41 billion current US$ | +6.4% |
| 2002 | 1.52 billion current US$ | +7.7% |
| 2003 | 1.60 billion current US$ | +5.5% |
| 2004 | 1.68 billion current US$ | +5.0% |
| 2005 | 1.79 billion current US$ | +6.2% |
| 2006 | 1.91 billion current US$ | +6.9% |
| 2007 | 2.09 billion current US$ | +9.5% |
| 2008 | 2.16 billion current US$ | +3.2% |
| 2009 | 2.10 billion current US$ | -2.9% |
| 2010 | 2.13 billion current US$ | +1.5% |
| 2011 | 2.31 billion current US$ | +8.5% |
| 2012 | 2.27 billion current US$ | -1.5% |
| 2013 | 2.31 billion current US$ | +1.7% |
| 2014 | 2.30 billion current US$ | -0.4% |
| 2015 | 2.32 billion current US$ | +0.8% |
| 2016 | 2.34 billion current US$ | +0.8% |
| 2017 | 2.44 billion current US$ | +4.3% |
| 2018 | 2.61 billion current US$ | +6.9% |
| 2019 | 2.74 billion current US$ | +5.1% |
| 2020 | 2.26 billion current US$ | -17.7% |
| 2021 | 2.44 billion current US$ | +8.3% |
| 2022 | 2.64 billion current US$ | +8.1% |
| 2023 | 2.83 billion current US$ | +7.2% |
| 2024 | 2.79 billion current US$ | -1.4% |
Aruba compared with similar countries
- Aruba's 2.79 billion current US$ is below the median for high income countries, which is 123.73 billion current US$, 2% of the median. (67 countries reporting)
- Aruba's 2.79 billion current US$ is below the median for Latin America & Caribbean, which is 60.45 billion current US$, 5% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.11 billion current US$ | 930.17 million current US$ | 1.27 billion current US$ | 5 |
| 2000s | 1.76 billion current US$ | 1.33 billion current US$ | 2.16 billion current US$ | 10 |
| 2010s | 2.38 billion current US$ | 2.13 billion current US$ | 2.74 billion current US$ | 10 |
| 2020s | 2.59 billion current US$ | 2.26 billion current US$ | 2.83 billion current US$ | 5 |
Countries ranked near Aruba
- 161 Lesotho 3.43 billion current US$ compare
- 162 Central African Republic 3.22 billion current US$ compare
- 163 Cape Verde 2.87 billion current US$ compare
- 165 Faroe Islands 2.78 billion current US$ compare
- 166 East Timor 2.69 billion current US$ compare
- 167 Curacao 2.67 billion current US$ compare
More economy & growth data for Aruba
- Real gdp growth, annual growth rate -16.76 % change on previous year (2023)
- General government final consumption expenditure (current LCU), per 12,373 current LCU per person (2024)
- Total reserves minus gold (current US$), per capita 16,497 current US$ per person (2025)
- General government final consumption expenditure (current US$) -4.86 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1791 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 6,912 current US$ per person (2024)
- General government final consumption expenditure (current LCU) -4.86 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3206 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current US$) 18,959 current US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.8794 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure in Aruba?
- Final consumption expenditure in Aruba was 2.79 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Aruba?
- The highest recorded value was 2.83 billion current US$ in 2023.
- What is the lowest final consumption expenditure recorded in Aruba?
- The lowest recorded value was 930.17 million current US$ in 1995.
- How does Aruba rank for final consumption expenditure?
- Aruba ranks 164th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Aruba?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.