GDP (current LCU), annual growth rate in Aruba
Aruba: GDP (current LCU), annual growth rate was 11.24 % change on previous year in 2024. ◆ Volatile
GDP (current LCU), annual growth rate in Aruba, 1987–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Aruba recorded 11.24 % change on previous year for gdp (current lcu), annual growth rate in 2024.
The figure is down 11.0% on the previous year and up 386.6% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in Aruba peaked at 22.34 % change on previous year in 1988 and was at its lowest, -26.48 % change on previous year, in 2020.
That places Aruba 51st out of 212 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | 20.25 % change on previous year | — |
| 1988 | 22.34 % change on previous year | +10.3% |
| 1989 | 16.57 % change on previous year | -25.8% |
| 1990 | 9.96 % change on previous year | -39.9% |
| 1991 | 14.02 % change on previous year | +40.8% |
| 1992 | 9.93 % change on previous year | -29.2% |
| 1993 | 13 % change on previous year | +30.9% |
| 1994 | 15.01 % change on previous year | +15.5% |
| 1995 | 6.01 % change on previous year | -60.0% |
| 1996 | 4.48 % change on previous year | -25.4% |
| 1997 | 11.01 % change on previous year | +145.6% |
| 1998 | 8.72 % change on previous year | -20.8% |
| 1999 | 3.46 % change on previous year | -60.4% |
| 2000 | 8.74 % change on previous year | +152.9% |
| 2001 | 1.23 % change on previous year | -85.9% |
| 2002 | 3.45 % change on previous year | +180.8% |
| 2003 | 4.19 % change on previous year | +21.6% |
| 2004 | 10.31 % change on previous year | +145.8% |
| 2005 | 4.66 % change on previous year | -54.7% |
| 2006 | 4.65 % change on previous year | -0.3% |
| 2007 | 8.42 % change on previous year | +81.0% |
| 2008 | 6.18 % change on previous year | -26.6% |
| 2009 | -10.17 % change on previous year | -264.7% |
| 2010 | -3.92 % change on previous year | -61.4% |
| 2011 | 7.51 % change on previous year | -291.4% |
| 2012 | -0.8588 % change on previous year | -111.4% |
| 2013 | 4.31 % change on previous year | -601.5% |
| 2014 | 2.31 % change on previous year | -46.4% |
| 2015 | 6.17 % change on previous year | +166.9% |
| 2016 | 0.6997 % change on previous year | -88.7% |
| 2017 | 3.65 % change on previous year | +421.1% |
| 2018 | 5.94 % change on previous year | +63.0% |
| 2019 | 2.18 % change on previous year | -63.3% |
| 2020 | -26.48 % change on previous year | -1315.6% |
| 2021 | 17.4 % change on previous year | -165.7% |
| 2022 | 15.14 % change on previous year | -13.0% |
| 2023 | 12.62 % change on previous year | -16.6% |
| 2024 | 11.24 % change on previous year | -11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.72 % change on previous year | 16.57 % change on previous year | 22.34 % change on previous year | 3 |
| 1990s | 9.56 % change on previous year | 3.46 % change on previous year | 15.01 % change on previous year | 10 |
| 2000s | 4.17 % change on previous year | -10.17 % change on previous year | 10.31 % change on previous year | 10 |
| 2010s | 2.8 % change on previous year | -3.92 % change on previous year | 7.51 % change on previous year | 10 |
| 2020s | 5.98 % change on previous year | -26.48 % change on previous year | 17.4 % change on previous year | 5 |
Countries ranked near Aruba
- 48 Bhutan 11.41 % change on previous year compare
- 49 Djibouti 11.38 % change on previous year compare
- 50 Tanzania, United Republic of 11.27 % change on previous year compare
- 52 Monaco 11.1 % change on previous year compare
- 53 Armenia 11.03 % change on previous year compare
- 54 Guam 10.84 % change on previous year compare
More economy & growth data for Aruba
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2299 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 28.94 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 4,482 current US$ per person (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1284 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), annual growth rate 28.94 % change on previous year (2023)
- GNI (current LCU), per capita 65,326 current LCU per person (2024)
- GNI (current US$), per capita 36,495 current US$ per person (2024)
- GNI (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 8,022 current LCU per person (2023)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in Aruba?
- Gdp (current lcu), annual growth rate in Aruba was 11.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in Aruba?
- The highest recorded value was 22.34 % change on previous year in 1988.
- What is the lowest gdp (current lcu), annual growth rate recorded in Aruba?
- The lowest recorded value was -26.48 % change on previous year in 2020.
- How does Aruba rank for gdp (current lcu), annual growth rate?
- Aruba ranks 51st out of 212 countries with data for 2024.
- Is gdp (current lcu), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 386.6%. 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 GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 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 GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.