Gross capital formation in Aruba
Aruba: Gross capital formation was 25.7% in 2024. ▼ Falling
Gross capital formation in Aruba, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross capital formation in Aruba is 25.7%, measured in 2024.
Compared with earlier readings it is up 40.1% on the previous year and up 11.4% over ten years.
Over the whole period, gross capital formation in Aruba peaked at 34.5% in 2006 and was at its lowest, 18.4%, in 2023.
That places Aruba 70th out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 30 years of available data.
Gross capital formation in Aruba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 31.1% | — |
| 1996 | 28.5% | -8.6% |
| 1997 | 30.2% | +6.2% |
| 1998 | 31.7% | +4.9% |
| 1999 | 30.9% | -2.6% |
| 2000 | 25.5% | -17.4% |
| 2001 | 24.0% | -5.9% |
| 2002 | 26.6% | +11.0% |
| 2003 | 28.9% | +8.5% |
| 2004 | 28.5% | -1.5% |
| 2005 | 33.2% | +16.6% |
| 2006 | 34.5% | +4.1% |
| 2007 | 31.7% | -8.0% |
| 2008 | 32.1% | +1.1% |
| 2009 | 29.6% | -7.7% |
| 2010 | 28.3% | -4.6% |
| 2011 | 27.4% | -3.1% |
| 2012 | 23.5% | -14.2% |
| 2013 | 23.8% | +1.3% |
| 2014 | 23.1% | -3.0% |
| 2015 | 21.5% | -6.8% |
| 2016 | 20.6% | -4.5% |
| 2017 | 20.6% | -0.1% |
| 2018 | 22.4% | +9.0% |
| 2019 | 22.6% | +0.9% |
| 2020 | 23.9% | +5.8% |
| 2021 | 20.3% | -15.3% |
| 2022 | 19.6% | -3.0% |
| 2023 | 18.4% | -6.4% |
| 2024 | 25.7% | +40.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.5% | 28.5% | 31.7% | 5 |
| 2000s | 29.5% | 24.0% | 34.5% | 10 |
| 2010s | 23.4% | 20.6% | 28.3% | 10 |
| 2020s | 21.6% | 18.4% | 25.7% | 5 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Manufacturing, value added (constant 2015 US$), per capita 1,152 constant 2015 US$ per person (2023)
- Industry (including construction), value added (current LCU), per 0.194 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), annual 25.46 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 3,782 current US$ per person (2023)
- Industry (including construction), value added (current US$), per 0.1084 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current US$), annual 25.46 % change on previous year (2023)
- Manufacturing, value added (constant LCU), per capita 1,589 constant LCU per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.0422 current LCU per US$ of GDP (2023)
- Manufacturing, value added (current US$), per unit of GDP 0.0236 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current US$), per capita 822.06 current US$ per person (2023)
Frequently asked questions
- What is gross capital formation in Aruba?
- Gross capital formation in Aruba was 25.7% 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 34.5% in 2006.
- What is the lowest gross capital formation recorded in Aruba?
- The lowest recorded value was 18.4% in 2023.
- How does Aruba rank for gross capital formation?
- Aruba ranks 70th 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 11.4%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.