GDP in Aruba
Aruba: GDP was 3.67 billion constant 2015 US$ in 2024. ▲ Rising
GDP in Aruba, 1986–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gdp in Aruba is 3.67 billion constant 2015 US$, measured in 2024. That is the highest value across all 39 years on record.
The figure is up 6.8% on the previous year and up 28.2% over ten years.
Over the whole period, gdp in Aruba peaked at 3.67 billion constant 2015 US$ in 2024 and was at its lowest, 967.92 million constant 2015 US$, in 1986.
That places Aruba 175th out of 212 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 39 years of available data.
GDP in Aruba, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1986 | 967.92 million constant 2015 US$ | — |
| 1987 | 1.12 billion constant 2015 US$ | +16.1% |
| 1988 | 1.33 billion constant 2015 US$ | +18.6% |
| 1989 | 1.49 billion constant 2015 US$ | +12.1% |
| 1990 | 1.55 billion constant 2015 US$ | +4.0% |
| 1991 | 1.68 billion constant 2015 US$ | +8.0% |
| 1992 | 1.78 billion constant 2015 US$ | +5.9% |
| 1993 | 1.91 billion constant 2015 US$ | +7.3% |
| 1994 | 2.06 billion constant 2015 US$ | +8.2% |
| 1995 | 2.12 billion constant 2015 US$ | +2.5% |
| 1996 | 2.14 billion constant 2015 US$ | +1.2% |
| 1997 | 2.29 billion constant 2015 US$ | +7.0% |
| 1998 | 2.34 billion constant 2015 US$ | +2.0% |
| 1999 | 2.37 billion constant 2015 US$ | +1.2% |
| 2000 | 2.55 billion constant 2015 US$ | +7.6% |
| 2001 | 2.65 billion constant 2015 US$ | +4.2% |
| 2002 | 2.63 billion constant 2015 US$ | -0.9% |
| 2003 | 2.66 billion constant 2015 US$ | +1.1% |
| 2004 | 2.85 billion constant 2015 US$ | +7.3% |
| 2005 | 2.84 billion constant 2015 US$ | -0.4% |
| 2006 | 2.87 billion constant 2015 US$ | +1.1% |
| 2007 | 2.96 billion constant 2015 US$ | +3.1% |
| 2008 | 3.01 billion constant 2015 US$ | +1.8% |
| 2009 | 2.66 billion constant 2015 US$ | -11.7% |
| 2010 | 2.59 billion constant 2015 US$ | -2.7% |
| 2011 | 2.68 billion constant 2015 US$ | +3.4% |
| 2012 | 2.65 billion constant 2015 US$ | -1.0% |
| 2013 | 2.82 billion constant 2015 US$ | +6.4% |
| 2014 | 2.86 billion constant 2015 US$ | +1.4% |
| 2015 | 2.96 billion constant 2015 US$ | +3.6% |
| 2016 | 3.00 billion constant 2015 US$ | +1.2% |
| 2017 | 3.10 billion constant 2015 US$ | +3.5% |
| 2018 | 3.20 billion constant 2015 US$ | +3.2% |
| 2019 | 3.24 billion constant 2015 US$ | +1.2% |
| 2020 | 2.47 billion constant 2015 US$ | -23.9% |
| 2021 | 2.83 billion constant 2015 US$ | +14.8% |
| 2022 | 3.13 billion constant 2015 US$ | +10.6% |
| 2023 | 3.43 billion constant 2015 US$ | +9.5% |
| 2024 | 3.67 billion constant 2015 US$ | +6.8% |
Aruba compared with similar countries
- Aruba's 3.67 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 5% of the median. (80 countries reporting)
- Aruba's 3.67 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 14% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.23 billion constant 2015 US$ | 967.92 million constant 2015 US$ | 1.49 billion constant 2015 US$ | 4 |
| 1990s | 2.02 billion constant 2015 US$ | 1.55 billion constant 2015 US$ | 2.37 billion constant 2015 US$ | 10 |
| 2000s | 2.77 billion constant 2015 US$ | 2.55 billion constant 2015 US$ | 3.01 billion constant 2015 US$ | 10 |
| 2010s | 2.91 billion constant 2015 US$ | 2.59 billion constant 2015 US$ | 3.24 billion constant 2015 US$ | 10 |
| 2020s | 3.11 billion constant 2015 US$ | 2.47 billion constant 2015 US$ | 3.67 billion constant 2015 US$ | 5 |
Countries ranked near Aruba
- 172 Burundi 3.93 billion constant 2015 US$ compare
- 173 Liberia 3.92 billion constant 2015 US$ compare
- 174 United States Virgin Islands 3.90 billion constant 2015 US$ compare
- 176 Andorra 3.51 billion constant 2015 US$ compare
- 177 Faroe Islands 3.24 billion constant 2015 US$ compare
- 178 Bhutan 3.18 billion constant 2015 US$ 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 gdp in Aruba?
- Gdp in Aruba was 3.67 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Aruba?
- The highest recorded value was 3.67 billion constant 2015 US$ in 2024.
- What is the lowest gdp recorded in Aruba?
- The lowest recorded value was 967.92 million constant 2015 US$ in 1986.
- How does Aruba rank for gdp?
- Aruba ranks 175th out of 212 countries with data for 2024.
- Is gdp rising or falling in Aruba?
- Over the last ten years it is up 28.2%. 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 Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.