General government final consumption expenditure in Aruba
Aruba: General government final consumption expenditure was 746.48 million current US$ in 2024. ▲ Rising
General government final consumption expenditure in Aruba, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, general government final consumption expenditure in Aruba stood at 746.48 million current US$.
Compared with earlier readings it is down 4.9% on the previous year and up 7.7% over ten years.
Over the whole period, general government final consumption expenditure in Aruba peaked at 784.61 million current US$ in 2023 and was at its lowest, 263.69 million current US$, in 1995.
Aruba ranks 160th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
General government final consumption expenditure in Aruba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 263.69 million current US$ | — |
| 1996 | 278.21 million current US$ | +5.5% |
| 1997 | 361.45 million current US$ | +29.9% |
| 1998 | 365.92 million current US$ | +1.2% |
| 1999 | 376.54 million current US$ | +2.9% |
| 2000 | 401.29 million current US$ | +6.6% |
| 2001 | 471.12 million current US$ | +17.4% |
| 2002 | 488.31 million current US$ | +3.6% |
| 2003 | 499.68 million current US$ | +2.3% |
| 2004 | 516.06 million current US$ | +3.3% |
| 2005 | 538.93 million current US$ | +4.4% |
| 2006 | 551.33 million current US$ | +2.3% |
| 2007 | 573.40 million current US$ | +4.0% |
| 2008 | 604.10 million current US$ | +5.4% |
| 2009 | 634.18 million current US$ | +5.0% |
| 2010 | 649.35 million current US$ | +2.4% |
| 2011 | 662.33 million current US$ | +2.0% |
| 2012 | 684.61 million current US$ | +3.4% |
| 2013 | 714.51 million current US$ | +4.4% |
| 2014 | 692.79 million current US$ | -3.0% |
| 2015 | 689.04 million current US$ | -0.5% |
| 2016 | 700.78 million current US$ | +1.7% |
| 2017 | 711.92 million current US$ | +1.6% |
| 2018 | 755.85 million current US$ | +6.2% |
| 2019 | 766.68 million current US$ | +1.4% |
| 2020 | 720.67 million current US$ | -6.0% |
| 2021 | 658.19 million current US$ | -8.7% |
| 2022 | 718.27 million current US$ | +9.1% |
| 2023 | 784.61 million current US$ | +9.2% |
| 2024 | 746.48 million current US$ | -4.9% |
Aruba compared with similar countries
- Aruba's 746.48 million current US$ is below the median for high income countries, which is 41.50 billion current US$, 2% of the median. (67 countries reporting)
- Aruba's 746.48 million current US$ is below the median for Latin America & Caribbean, which is 9.52 billion current US$, 8% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +29.9% | 278.21 million current US$ | 361.45 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 329.16 million current US$ | 263.69 million current US$ | 376.54 million current US$ | 5 |
| 2000s | 527.84 million current US$ | 401.29 million current US$ | 634.18 million current US$ | 10 |
| 2010s | 702.79 million current US$ | 649.35 million current US$ | 766.68 million current US$ | 10 |
| 2020s | 725.64 million current US$ | 658.19 million current US$ | 784.61 million current US$ | 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 general government final consumption expenditure in Aruba?
- General government final consumption expenditure in Aruba was 746.48 million current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Aruba?
- The highest recorded value was 784.61 million current US$ in 2023.
- What is the lowest general government final consumption expenditure recorded in Aruba?
- The lowest recorded value was 263.69 million current US$ in 1995.
- How does Aruba rank for general government final consumption expenditure?
- Aruba ranks 160th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Aruba?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- 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 General government final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.