GDP per capita growth (annual %) (Country official) in Aruba
Aruba: GDP per capita growth (annual %) (Country official) was 6.2% in 2024. ◆ Volatile
GDP per capita growth in Aruba, 1987–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
In 2024, gdp per capita growth in Aruba stood at 6.2%.
Compared with earlier readings it is down 34.7% on the previous year and up 1,660.5% over ten years.
Over the whole period, gdp per capita growth in Aruba peaked at 18.3% in 1988 and was at its lowest, -23.5%, in 2020.
Aruba ranks 16th of 215 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth (annual %) (Country official) in Aruba, year by year
| Year | annual % | Change |
|---|---|---|
| 1987 | 17.6% | — |
| 1988 | 18.3% | +4.0% |
| 1989 | 10.1% | -45.0% |
| 1990 | 0.1% | -98.7% |
| 1991 | 2.8% | +1992.1% |
| 1992 | 1.1% | -60.5% |
| 1993 | 0.5% | -55.7% |
| 1994 | 2.8% | +459.0% |
| 1995 | -0.3% | -110.6% |
| 1996 | -2.7% | +834.2% |
| 1997 | 3.0% | -208.9% |
| 1998 | -0.5% | -116.4% |
| 1999 | -0.1% | -74.1% |
| 2000 | 6.5% | -5275.4% |
| 2001 | 3.2% | -50.7% |
| 2002 | -1.6% | -150.7% |
| 2003 | -0.0% | -97.9% |
| 2004 | 5.0% | -14955.2% |
| 2005 | -2.9% | -158.3% |
| 2006 | -0.7% | -77.0% |
| 2007 | 2.3% | -445.0% |
| 2008 | 1.1% | -54.3% |
| 2009 | -12.3% | -1256.1% |
| 2010 | -3.0% | -75.9% |
| 2011 | 2.6% | -188.3% |
| 2012 | -2.5% | -195.2% |
| 2013 | 4.9% | -295.4% |
| 2014 | 0.4% | -92.8% |
| 2015 | 2.6% | +628.0% |
| 2016 | 0.5% | -81.6% |
| 2017 | 3.5% | +641.8% |
| 2018 | 3.0% | -12.5% |
| 2019 | 1.0% | -68.7% |
| 2020 | -23.5% | -2559.9% |
| 2021 | 15.8% | -167.1% |
| 2022 | 11.0% | -30.2% |
| 2023 | 9.5% | -14.0% |
| 2024 | 6.2% | -34.7% |
Aruba compared with similar countries
- Aruba's 6.2% is above the median for high income countries, which is 1.7%, 3.7× the median. (83 countries reporting)
- Aruba's 6.2% is above the median for Latin America & Caribbean, which is 2.4%, 2.6× the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP per capita growth (annual %) (Country official) 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 |
|---|---|---|---|
| 2004 | +14955.2% | -0.0% | 5.0% |
| 2000 | +5275.4% | -0.1% | 6.5% |
| 2020 | -2559.9% | 1.0% | -23.5% |
| 1991 | +1992.1% | 0.1% | 2.8% |
| 2009 | -1256.1% | 1.1% | -12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.3% | 10.1% | 18.3% | 3 |
| 1990s | 0.7% | -2.7% | 3.0% | 10 |
| 2000s | 0.1% | -12.3% | 6.5% | 10 |
| 2010s | 1.3% | -3.0% | 4.9% | 10 |
| 2020s | 3.8% | -23.5% | 15.8% | 5 |
Countries ranked near Aruba
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 per capita growth in Aruba?
- Gdp per capita growth in Aruba was 6.2% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Aruba?
- The highest recorded value was 18.3% in 1988.
- What is the lowest gdp per capita growth recorded in Aruba?
- The lowest recorded value was -23.5% in 2020.
- How does Aruba rank for gdp per capita growth?
- Aruba ranks 16th out of 215 countries with data for 2024.
- Is gdp per capita growth rising or falling in Aruba?
- Over the last ten years it is up 1,660.5%. The long-run trend across the full record is volatile.
- 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 per capita growth (annual %). 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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.