GDP per capita growth in Aruba
Aruba: GDP per capita growth 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 213 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 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% |
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
- GNI (current US$), annual growth rate 14.87 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), 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)
- Gross domestic savings (current LCU), per unit of GDP 0.59 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 22,767 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 213 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.