GDP (current US$), annual growth rate in Aruba
Aruba: GDP (current US$), annual growth rate was 11.24 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Aruba, 1987–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp (current us$), annual growth rate in Aruba stood at 11.24 % change on previous year.
Compared with earlier readings it is down 11.0% on the previous year and up 386.6% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Aruba peaked at 22.34 % change on previous year in 1988 and was at its lowest, -26.48 % change on previous year, in 2020.
That places Aruba 62nd out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), 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 | +152.8% |
| 2001 | 1.23 % change on previous year | -85.9% |
| 2002 | 3.45 % change on previous year | +180.7% |
| 2003 | 4.19 % change on previous year | +21.6% |
| 2004 | 10.31 % change on previous year | +145.8% |
| 2005 | 4.67 % 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 | -0.8587 % change on previous year | -111.4% |
| 2013 | 4.31 % change on previous year | -601.6% |
| 2014 | 2.31 % change on previous year | -46.4% |
| 2015 | 6.17 % change on previous year | +166.9% |
| 2016 | 0.6996 % 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
- 59 Djibouti 11.38 % change on previous year compare
- 60 Lithuania 11.35 % change on previous year compare
- 61 Andorra 11.29 % change on previous year compare
- 63 Monaco 11.21 % change on previous year compare
- 64 Kosovo 11.19 % change on previous year compare
- 65 Serbia 10.95 % change on previous year compare
More economy & growth data for Aruba
- GNI, Atlas method (current US$), per unit of GDP 0.9122 current US$ per US$ of GDP (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 (current US$), per capita 36,495 current US$ per person (2024)
- GNI (current US$), per unit of GDP 0.9457 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 14.87 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 35,201 current US$ per person (2024)
- Gross domestic savings (current US$), annual growth rate 50.38 % change on previous year (2024)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Aruba?
- Gdp (current us$), annual growth rate in Aruba was 11.24 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), 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 us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -26.48 % change on previous year in 2020.
- How does Aruba rank for gdp (current us$), annual growth rate?
- Aruba ranks 62nd out of 212 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 386.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.