Gross Domestic Product — Value Standard Local Currency in Aruba
Aruba: Gross Domestic Product — Value Standard Local Currency was 7,074 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Aruba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Aruba is 7,074 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 8.3% on the previous year and up 41.6% over ten years.
Over the whole period, gross domestic product — value standard local currency in Aruba peaked at 7,074 million SLC in 2024 and was at its lowest, 353.75 million SLC, in 1970.
Aruba ranks 190th of 218 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Aruba, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 353.75 million SLC | — |
| 1971 | 372.6 million SLC | +5.3% |
| 1972 | 392.47 million SLC | +5.3% |
| 1973 | 413.39 million SLC | +5.3% |
| 1974 | 435.43 million SLC | +5.3% |
| 1975 | 458.64 million SLC | +5.3% |
| 1976 | 483.09 million SLC | +5.3% |
| 1977 | 508.84 million SLC | +5.3% |
| 1978 | 535.97 million SLC | +5.3% |
| 1979 | 564.54 million SLC | +5.3% |
| 1980 | 594.63 million SLC | +5.3% |
| 1981 | 626.33 million SLC | +5.3% |
| 1982 | 659.72 million SLC | +5.3% |
| 1983 | 694.89 million SLC | +5.3% |
| 1984 | 731.93 million SLC | +5.3% |
| 1985 | 770.95 million SLC | +5.3% |
| 1986 | 812.04 million SLC | +5.3% |
| 1987 | 976.55 million SLC | +20.3% |
| 1988 | 1,194 million SLC | +22.3% |
| 1989 | 1,393 million SLC | +16.6% |
| 1990 | 1,532 million SLC | +10.0% |
| 1991 | 1,747 million SLC | +14.0% |
| 1992 | 1,920 million SLC | +9.9% |
| 1993 | 2,169 million SLC | +13.0% |
| 1994 | 2,495 million SLC | +15.0% |
| 1995 | 2,477 million SLC | -0.7% |
| 1996 | 2,588 million SLC | +4.5% |
| 1997 | 2,873 million SLC | +11.0% |
| 1998 | 3,124 million SLC | +8.7% |
| 1999 | 3,232 million SLC | +3.4% |
| 2000 | 3,353 million SLC | +3.8% |
| 2001 | 3,395 million SLC | +1.2% |
| 2002 | 3,512 million SLC | +3.4% |
| 2003 | 3,659 million SLC | +4.2% |
| 2004 | 4,036 million SLC | +10.3% |
| 2005 | 4,224 million SLC | +4.7% |
| 2006 | 4,421 million SLC | +4.7% |
| 2007 | 4,793 million SLC | +8.4% |
| 2008 | 5,089 million SLC | +6.2% |
| 2009 | 4,571 million SLC | -10.2% |
| 2010 | 4,392 million SLC | -3.9% |
| 2011 | 4,722 million SLC | +7.5% |
| 2012 | 4,681 million SLC | -0.9% |
| 2013 | 4,883 million SLC | +4.3% |
| 2014 | 4,996 million SLC | +2.3% |
| 2015 | 5,304 million SLC | +6.2% |
| 2016 | 5,341 million SLC | +0.7% |
| 2017 | 5,535 million SLC | +3.6% |
| 2018 | 5,864 million SLC | +5.9% |
| 2019 | 6,078 million SLC | +3.7% |
| 2020 | 4,443 million SLC | -26.9% |
| 2021 | 5,244 million SLC | +18.0% |
| 2022 | 5,870 million SLC | +11.9% |
| 2023 | 6,531 million SLC | +11.3% |
| 2024 | 7,074 million SLC | +8.3% |
Aruba compared with similar countries
- Aruba's 7,074 million SLC is below the median for high income countries, which is 257,567 million SLC, 3% of the median. (72 countries reporting)
- Aruba's 7,074 million SLC is below the median for Latin America & Caribbean, which is 147,748 million SLC, 5% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 2020 | -26.9% | 6,078 million SLC | 4,443 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 451.87 million SLC | 353.75 million SLC | 564.54 million SLC | 10 |
| 1980s | 845.41 million SLC | 594.63 million SLC | 1,393 million SLC | 10 |
| 1990s | 2,416 million SLC | 1,532 million SLC | 3,232 million SLC | 10 |
| 2000s | 4,105 million SLC | 3,353 million SLC | 5,089 million SLC | 10 |
| 2010s | 5,180 million SLC | 4,392 million SLC | 6,078 million SLC | 10 |
| 2020s | 5,832 million SLC | 4,443 million SLC | 7,074 million SLC | 5 |
Countries ranked near Aruba
- 187 Montenegro 7,459 million SLC compare
- 188 Liechtenstein 7,419 million SLC compare
- 189 Netherlands Antilles (former) 7,176 million SLC compare
- 191 Belize 7,059 million SLC compare
- 192 Saint Lucia 6,882 million SLC compare
- 193 Cayman Islands 6,293 million SLC compare
More economy & growth data for Aruba
- General government final consumption expenditure (current US$), per 0.1791 current US$ per US$ of GDP (2024)
- Gross capital formation (current LCU), per unit of GDP 0.4608 current LCU per US$ of GDP (2024)
- General government final consumption expenditure (current US$) -4.86 % change on previous year (2024)
- Gross capital formation (current LCU), annual growth rate 55.81 % change on previous year (2024)
- Gross capital formation (current US$), per capita 9,935 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current LCU) -4.86 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 12,373 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.3206 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 17,784 current LCU per person (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in Aruba?
- Gross domestic product — value standard local currency in Aruba was 7,074 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Aruba?
- The highest recorded value was 7,074 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Aruba?
- The lowest recorded value was 353.75 million SLC in 1970.
- How does Aruba rank for gross domestic product — value standard local currency?
- Aruba ranks 190th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Aruba?
- Over the last ten years it is up 41.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).