Gross Domestic Product — Value US$, 2015 prices in Aruba
Aruba: Gross Domestic Product — Value US$, 2015 prices was 3,564 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Aruba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Aruba is 3,564 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 6.5% on the previous year and up 19.6% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Aruba peaked at 3,564 million USD in 2024 and was at its lowest, 270.58 million USD, in 1970.
Aruba ranks 167th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Aruba, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 270.58 million USD | — |
| 1971 | 295.17 million USD | +9.1% |
| 1972 | 321.99 million USD | +9.1% |
| 1973 | 351.26 million USD | +9.1% |
| 1974 | 383.18 million USD | +9.1% |
| 1975 | 418.01 million USD | +9.1% |
| 1976 | 456 million USD | +9.1% |
| 1977 | 497.44 million USD | +9.1% |
| 1978 | 542.65 million USD | +9.1% |
| 1979 | 591.97 million USD | +9.1% |
| 1980 | 645.77 million USD | +9.1% |
| 1981 | 704.46 million USD | +9.1% |
| 1982 | 768.49 million USD | +9.1% |
| 1983 | 838.33 million USD | +9.1% |
| 1984 | 914.52 million USD | +9.1% |
| 1985 | 997.64 million USD | +9.1% |
| 1986 | 1,088 million USD | +9.1% |
| 1987 | 1,263 million USD | +16.1% |
| 1988 | 1,499 million USD | +18.6% |
| 1989 | 1,681 million USD | +12.1% |
| 1990 | 1,747 million USD | +4.0% |
| 1991 | 1,886 million USD | +8.0% |
| 1992 | 1,997 million USD | +5.9% |
| 1993 | 2,143 million USD | +7.3% |
| 1994 | 2,319 million USD | +8.2% |
| 1995 | 2,377 million USD | +2.5% |
| 1996 | 2,407 million USD | +1.2% |
| 1997 | 2,595 million USD | +7.8% |
| 1998 | 2,768 million USD | +6.7% |
| 1999 | 2,800 million USD | +1.2% |
| 2000 | 2,926 million USD | +4.5% |
| 2001 | 2,880 million USD | -1.6% |
| 2002 | 2,883 million USD | +0.1% |
| 2003 | 2,898 million USD | +0.5% |
| 2004 | 3,118 million USD | +7.6% |
| 2005 | 3,156 million USD | +1.2% |
| 2006 | 3,188 million USD | +1.0% |
| 2007 | 3,295 million USD | +3.3% |
| 2008 | 3,254 million USD | -1.2% |
| 2009 | 2,937 million USD | -9.7% |
| 2010 | 2,854 million USD | -2.8% |
| 2011 | 2,886 million USD | +1.1% |
| 2012 | 2,839 million USD | -1.6% |
| 2013 | 3,030 million USD | +6.7% |
| 2014 | 2,982 million USD | -1.6% |
| 2015 | 2,963 million USD | -0.6% |
| 2016 | 3,014 million USD | +1.7% |
| 2017 | 3,226 million USD | +7.0% |
| 2018 | 3,304 million USD | +2.4% |
| 2019 | 3,230 million USD | -2.2% |
| 2020 | 2,383 million USD | -26.2% |
| 2021 | 2,958 million USD | +24.1% |
| 2022 | 3,210 million USD | +8.5% |
| 2023 | 3,347 million USD | +4.3% |
| 2024 | 3,564 million USD | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 412.83 million USD | 270.58 million USD | 591.97 million USD | 10 |
| 1980s | 1,040 million USD | 645.77 million USD | 1,681 million USD | 10 |
| 1990s | 2,304 million USD | 1,747 million USD | 2,800 million USD | 10 |
| 2000s | 3,054 million USD | 2,880 million USD | 3,295 million USD | 10 |
| 2010s | 3,033 million USD | 2,839 million USD | 3,304 million USD | 10 |
| 2020s | 3,093 million USD | 2,383 million USD | 3,564 million USD | 5 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Taxes less subsidies on products (current US$), annual growth rate 28.94 % change on previous year (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2299 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 28.94 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 4,482 current US$ per person (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1284 current US$ per US$ of GDP (2023)
- Net primary income (Net income from abroad) (current US$), annual 28.29 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 65,326 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per capita 8,022 current LCU per person (2023)
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Aruba?
- Gross domestic product — value us$, 2015 prices in Aruba was 3,564 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Aruba?
- The highest recorded value was 3,564 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Aruba?
- The lowest recorded value was 270.58 million USD in 1970.
- How does Aruba rank for gross domestic product — value us$, 2015 prices?
- Aruba ranks 167th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Aruba?
- Over the last ten years it is up 19.6%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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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).