GDP, PPP in Aruba
Aruba: GDP, PPP was 4.91 billion constant 2021 international $ in 2024. ▲ Rising
GDP, PPP in Aruba, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gdp, ppp in Aruba stood at 4.91 billion constant 2021 international $. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 28.2% over ten years.
Over the whole period, gdp, ppp in Aruba peaked at 4.91 billion constant 2021 international $ in 2024 and was at its lowest, 2.08 billion constant 2021 international $, in 1990.
Aruba ranks 174th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
GDP, PPP in Aruba, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 1990 | 2.08 billion constant 2021 international $ | — |
| 1991 | 2.25 billion constant 2021 international $ | +8.0% |
| 1992 | 2.38 billion constant 2021 international $ | +5.9% |
| 1993 | 2.55 billion constant 2021 international $ | +7.3% |
| 1994 | 2.76 billion constant 2021 international $ | +8.2% |
| 1995 | 2.83 billion constant 2021 international $ | +2.5% |
| 1996 | 2.86 billion constant 2021 international $ | +1.2% |
| 1997 | 3.07 billion constant 2021 international $ | +7.0% |
| 1998 | 3.13 billion constant 2021 international $ | +2.0% |
| 1999 | 3.17 billion constant 2021 international $ | +1.2% |
| 2000 | 3.41 billion constant 2021 international $ | +7.6% |
| 2001 | 3.55 billion constant 2021 international $ | +4.2% |
| 2002 | 3.52 billion constant 2021 international $ | -0.9% |
| 2003 | 3.56 billion constant 2021 international $ | +1.1% |
| 2004 | 3.82 billion constant 2021 international $ | +7.3% |
| 2005 | 3.80 billion constant 2021 international $ | -0.4% |
| 2006 | 3.84 billion constant 2021 international $ | +1.1% |
| 2007 | 3.96 billion constant 2021 international $ | +3.1% |
| 2008 | 4.03 billion constant 2021 international $ | +1.8% |
| 2009 | 3.56 billion constant 2021 international $ | -11.7% |
| 2010 | 3.47 billion constant 2021 international $ | -2.7% |
| 2011 | 3.58 billion constant 2021 international $ | +3.4% |
| 2012 | 3.55 billion constant 2021 international $ | -1.0% |
| 2013 | 3.77 billion constant 2021 international $ | +6.4% |
| 2014 | 3.83 billion constant 2021 international $ | +1.4% |
| 2015 | 3.97 billion constant 2021 international $ | +3.6% |
| 2016 | 4.01 billion constant 2021 international $ | +1.2% |
| 2017 | 4.16 billion constant 2021 international $ | +3.5% |
| 2018 | 4.29 billion constant 2021 international $ | +3.2% |
| 2019 | 4.34 billion constant 2021 international $ | +1.2% |
| 2020 | 3.30 billion constant 2021 international $ | -23.9% |
| 2021 | 3.79 billion constant 2021 international $ | +14.8% |
| 2022 | 4.19 billion constant 2021 international $ | +10.6% |
| 2023 | 4.59 billion constant 2021 international $ | +9.5% |
| 2024 | 4.91 billion constant 2021 international $ | +6.8% |
Aruba compared with similar countries
- Aruba's 4.91 billion constant 2021 international $ is below the median for high income countries, which is 209.44 billion constant 2021 international $, 2% of the median. (74 countries reporting)
- Aruba's 4.91 billion constant 2021 international $ is below the median for Latin America & Caribbean, which is 49.49 billion constant 2021 international $, 10% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.71 billion constant 2021 international $ | 2.08 billion constant 2021 international $ | 3.17 billion constant 2021 international $ | 10 |
| 2000s | 3.71 billion constant 2021 international $ | 3.41 billion constant 2021 international $ | 4.03 billion constant 2021 international $ | 10 |
| 2010s | 3.90 billion constant 2021 international $ | 3.47 billion constant 2021 international $ | 4.34 billion constant 2021 international $ | 10 |
| 2020s | 4.16 billion constant 2021 international $ | 3.30 billion constant 2021 international $ | 4.91 billion constant 2021 international $ | 5 |
Countries ranked near Aruba
- 171 Andorra 5.64 billion constant 2021 international $ compare
- 172 Cape Verde 5.48 billion constant 2021 international $ compare
- 173 Belize 5.41 billion constant 2021 international $ compare
- 175 United States Virgin Islands 4.90 billion constant 2021 international $ compare
- 176 Curacao 4.49 billion constant 2021 international $ compare
- 177 Saint Lucia 4.41 billion constant 2021 international $ compare
More economy & growth data for Aruba
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Exports of goods and services (current LCU), annual growth rate 19.75 % change on previous year (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)
- 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)
- Gross national expenditure (current US$), annual growth rate 9.8 % change on previous year (2024)
Frequently asked questions
- What is gdp, ppp in Aruba?
- Gdp, ppp in Aruba was 4.91 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Aruba?
- The highest recorded value was 4.91 billion constant 2021 international $ in 2024.
- What is the lowest gdp, ppp recorded in Aruba?
- The lowest recorded value was 2.08 billion constant 2021 international $ in 1990.
- How does Aruba rank for gdp, ppp?
- Aruba ranks 174th out of 200 countries with data for 2024.
- Is gdp, ppp 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 International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.