Gross capital formation in Aruba
Aruba: Gross capital formation was 1.92 billion current LCU in 2024. ▲ Rising
Gross capital formation in Aruba, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Aruba recorded 1.92 billion current LCU for gross capital formation in 2024. That is the highest value across all 30 years on record.
The figure is up 55.8% on the previous year and up 66.4% over ten years.
Over the whole period, gross capital formation in Aruba peaked at 1.92 billion current LCU in 2024 and was at its lowest, 703.00 million current LCU, in 1996.
Aruba ranks 175th 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.
Gross capital formation in Aruba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 736.00 million current LCU | — |
| 1996 | 703.00 million current LCU | -4.5% |
| 1997 | 829.00 million current LCU | +17.9% |
| 1998 | 945.00 million current LCU | +14.0% |
| 1999 | 952.00 million current LCU | +0.7% |
| 2000 | 854.94 million current LCU | -10.2% |
| 2001 | 814.69 million current LCU | -4.7% |
| 2002 | 935.16 million current LCU | +14.8% |
| 2003 | 1.06 billion current LCU | +13.0% |
| 2004 | 1.15 billion current LCU | +8.7% |
| 2005 | 1.40 billion current LCU | +22.0% |
| 2006 | 1.53 billion current LCU | +8.9% |
| 2007 | 1.52 billion current LCU | -0.3% |
| 2008 | 1.63 billion current LCU | +7.4% |
| 2009 | 1.36 billion current LCU | -17.1% |
| 2010 | 1.24 billion current LCU | -8.3% |
| 2011 | 1.29 billion current LCU | +4.2% |
| 2012 | 1.10 billion current LCU | -14.9% |
| 2013 | 1.16 billion current LCU | +5.7% |
| 2014 | 1.15 billion current LCU | -0.8% |
| 2015 | 1.14 billion current LCU | -1.1% |
| 2016 | 1.10 billion current LCU | -3.8% |
| 2017 | 1.14 billion current LCU | +3.5% |
| 2018 | 1.31 billion current LCU | +15.5% |
| 2019 | 1.35 billion current LCU | +3.1% |
| 2020 | 1.05 billion current LCU | -22.2% |
| 2021 | 1.05 billion current LCU | -0.6% |
| 2022 | 1.17 billion current LCU | +11.6% |
| 2023 | 1.23 billion current LCU | +5.4% |
| 2024 | 1.92 billion current LCU | +55.8% |
Aruba compared with similar countries
- Aruba's 1.92 billion current LCU is below the median for high income countries, which is 146.46 billion current LCU, 1% of the median. (67 countries reporting)
- Aruba's 1.92 billion current LCU is below the median for Latin America & Caribbean, which is 226.36 billion current LCU, 1% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 833.00 million current LCU | 703.00 million current LCU | 952.00 million current LCU | 5 |
| 2000s | 1.22 billion current LCU | 814.69 million current LCU | 1.63 billion current LCU | 10 |
| 2010s | 1.20 billion current LCU | 1.10 billion current LCU | 1.35 billion current LCU | 10 |
| 2020s | 1.29 billion current LCU | 1.05 billion current LCU | 1.92 billion current LCU | 5 |
Countries ranked near Aruba
- 172 South Sudan 2.49 billion current LCU compare
- 173 Curacao 2.24 billion current LCU compare
- 174 Montenegro 2.20 billion current LCU compare
- 176 Sao Tome and Principe 1.86 billion current LCU compare
- 177 Belize 1.27 billion current LCU compare
- 178 Syria 1.10 billion current LCU
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 gross capital formation in Aruba?
- Gross capital formation in Aruba was 1.92 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Aruba?
- The highest recorded value was 1.92 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Aruba?
- The lowest recorded value was 703.00 million current LCU in 1996.
- How does Aruba rank for gross capital formation?
- Aruba ranks 175th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Aruba?
- Over the last ten years it is up 66.4%. 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 Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.