Gross domestic product (GDP), Constant prices, Percent in Aruba
Aruba: Gross domestic product (GDP), Constant prices, Percent was 1.33 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Percent in Aruba, 1987–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, percent in Aruba is 1.33, measured in 2031.
Compared with earlier readings it is down 6.0% on the previous year and down 91.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent in Aruba peaked at 18.64 in 1988 and was at its lowest, -23.9, in 2020.
That places Aruba 33rd out of 36 countries with data for 2031, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Percent in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 16.08 | — |
| 1988 | 18.64 | +15.9% |
| 1989 | 12.1 | -35.1% |
| 1990 | 3.98 | -67.1% |
| 1991 | 7.98 | +100.5% |
| 1992 | 5.87 | -26.3% |
| 1993 | 7.3 | +24.3% |
| 1994 | 8.21 | +12.4% |
| 1995 | 9.04 | +10.1% |
| 1996 | 1.62 | -82.1% |
| 1997 | 7.28 | +349.5% |
| 1998 | 1.29 | -82.3% |
| 1999 | 1.45 | +12.4% |
| 2000 | 8.61 | +495.7% |
| 2001 | -2.88 | -133.4% |
| 2002 | -0.93 | -67.7% |
| 2003 | 1.13 | -221.3% |
| 2004 | 7.22 | +539.6% |
| 2005 | -0.5204 | -107.2% |
| 2006 | 1.13 | -316.9% |
| 2007 | 3.1 | +174.9% |
| 2008 | 1.8 | -41.9% |
| 2009 | -11.61 | -744.0% |
| 2010 | -3.31 | -71.5% |
| 2011 | 3.61 | -209.1% |
| 2012 | -1.16 | -132.0% |
| 2013 | 7.07 | -712.1% |
| 2014 | 1.43 | -79.8% |
| 2015 | 3.61 | +153.3% |
| 2016 | 1.23 | -65.8% |
| 2017 | 3.49 | +183.0% |
| 2018 | 3.21 | -8.0% |
| 2019 | 1.23 | -61.9% |
| 2020 | -23.9 | -2050.7% |
| 2021 | 14.73 | -161.6% |
| 2022 | 10.64 | -27.8% |
| 2023 | 8.85 | -16.8% |
| 2024 | 7.64 | -13.7% |
| 2025 | 5.61 | -26.6% |
| 2026 | 2.25 | -59.9% |
| 2027 | 2.03 | -9.8% |
| 2028 | 1.48 | -27.1% |
| 2029 | 1.43 | -3.1% |
| 2030 | 1.41 | -1.5% |
| 2031 | 1.33 | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.6 | 12.1 | 18.64 | 3 |
| 1990s | 5.4 | 1.29 | 9.04 | 10 |
| 2000s | 0.7047 | -11.61 | 8.61 | 10 |
| 2010s | 2.04 | -3.31 | 7.07 | 10 |
| 2020s | 3.08 | -23.9 | 14.73 | 10 |
| 2030s | 1.37 | 1.33 | 1.41 | 2 |
Countries ranked near Aruba
- 34 Guyana 1.06 compare
- 35 Puerto Rico 0.8 compare
- 36 Bolivia, Plurinational State of -3.28 compare
More economy & growth data for Aruba
- Manufacturing, value added (current US$), per capita 822.06 current US$ per person (2023)
- Imports of goods and services (current US$), per unit of GDP 0.7817 current US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0005 constant LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (constant LCU), per 19.07 constant LCU per person (2023)
- Services, value added (current LCU), per unit of GDP 1.37 current LCU per US$ of GDP (2023)
- Imports of goods and services (current US$), annual growth rate 17.73 % change on previous year (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.0236 current US$ per US$ of GDP (2023)
- Manufacturing, value added (current LCU), per capita 1,471 current LCU per person (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.033 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (current LCU), per unit of GDP 0.4608 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, percent in Aruba?
- Gross domestic product (gdp), constant prices, percent in Aruba was 1.33 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent recorded in Aruba?
- The highest recorded value was 18.64 in 1988.
- What is the lowest gross domestic product (gdp), constant prices, percent recorded in Aruba?
- The lowest recorded value was -23.9 in 2020.
- How does Aruba rank for gross domestic product (gdp), constant prices, percent?
- Aruba ranks 33rd out of 36 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, percent rising or falling in Aruba?
- Over the last ten years it is down 91.0%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.