Gross Domestic Product — Value US$ in Aruba
Aruba: Gross Domestic Product — Value US$ was 3,952 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Aruba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Aruba stood at 3,952 million USD. That is the highest value across all 55 years on record.
That represents a change of up 8.3% on the previous year and up 41.6% over ten years.
Over the whole period, gross domestic product — value us$ in Aruba peaked at 3,952 million USD in 2024 and was at its lowest, 197.62 million USD, in 1970.
That places Aruba 193rd out of 236 countries with data for 2024, 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 — Value US$ in Aruba, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 197.62 million USD | — |
| 1971 | 208.16 million USD | +5.3% |
| 1972 | 219.25 million USD | +5.3% |
| 1973 | 230.94 million USD | +5.3% |
| 1974 | 243.25 million USD | +5.3% |
| 1975 | 256.22 million USD | +5.3% |
| 1976 | 269.88 million USD | +5.3% |
| 1977 | 284.27 million USD | +5.3% |
| 1978 | 299.42 million USD | +5.3% |
| 1979 | 315.38 million USD | +5.3% |
| 1980 | 332.2 million USD | +5.3% |
| 1981 | 349.9 million USD | +5.3% |
| 1982 | 368.56 million USD | +5.3% |
| 1983 | 388.2 million USD | +5.3% |
| 1984 | 408.9 million USD | +5.3% |
| 1985 | 430.7 million USD | +5.3% |
| 1986 | 453.66 million USD | +5.3% |
| 1987 | 545.56 million USD | +20.3% |
| 1988 | 667.31 million USD | +22.3% |
| 1989 | 777.95 million USD | +16.6% |
| 1990 | 855.8 million USD | +10.0% |
| 1991 | 975.8 million USD | +14.0% |
| 1992 | 1,072 million USD | +9.9% |
| 1993 | 1,212 million USD | +13.0% |
| 1994 | 1,394 million USD | +15.0% |
| 1995 | 1,384 million USD | -0.7% |
| 1996 | 1,446 million USD | +4.5% |
| 1997 | 1,605 million USD | +11.0% |
| 1998 | 1,745 million USD | +8.7% |
| 1999 | 1,805 million USD | +3.4% |
| 2000 | 1,873 million USD | +3.8% |
| 2001 | 1,896 million USD | +1.2% |
| 2002 | 1,962 million USD | +3.4% |
| 2003 | 2,044 million USD | +4.2% |
| 2004 | 2,255 million USD | +10.3% |
| 2005 | 2,360 million USD | +4.7% |
| 2006 | 2,470 million USD | +4.7% |
| 2007 | 2,678 million USD | +8.4% |
| 2008 | 2,843 million USD | +6.2% |
| 2009 | 2,554 million USD | -10.2% |
| 2010 | 2,454 million USD | -3.9% |
| 2011 | 2,638 million USD | +7.5% |
| 2012 | 2,615 million USD | -0.9% |
| 2013 | 2,728 million USD | +4.3% |
| 2014 | 2,791 million USD | +2.3% |
| 2015 | 2,963 million USD | +6.2% |
| 2016 | 2,984 million USD | +0.7% |
| 2017 | 3,092 million USD | +3.6% |
| 2018 | 3,276 million USD | +5.9% |
| 2019 | 3,396 million USD | +3.7% |
| 2020 | 2,482 million USD | -26.9% |
| 2021 | 2,929 million USD | +18.0% |
| 2022 | 3,279 million USD | +11.9% |
| 2023 | 3,649 million USD | +11.3% |
| 2024 | 3,952 million USD | +8.3% |
Aruba compared with similar countries
- Aruba's 3,952 million USD is below the median for high income countries, which is 95,350 million USD, 4% of the median. (73 countries reporting)
- Aruba's 3,952 million USD is below the median for Latin America & Caribbean, which is 24,901 million USD, 16% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$ 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% | 3,396 million USD | 2,482 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 252.44 million USD | 197.62 million USD | 315.38 million USD | 10 |
| 1980s | 472.29 million USD | 332.2 million USD | 777.95 million USD | 10 |
| 1990s | 1,350 million USD | 855.8 million USD | 1,805 million USD | 10 |
| 2000s | 2,293 million USD | 1,873 million USD | 2,843 million USD | 10 |
| 2010s | 2,894 million USD | 2,454 million USD | 3,396 million USD | 10 |
| 2020s | 3,258 million USD | 2,482 million USD | 3,952 million USD | 5 |
Countries ranked near Aruba
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 domestic product — value us$ in Aruba?
- Gross domestic product — value us$ in Aruba was 3,952 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Aruba?
- The highest recorded value was 3,952 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Aruba?
- The lowest recorded value was 197.62 million USD in 1970.
- How does Aruba rank for gross domestic product — value us$?
- Aruba ranks 193rd out of 236 countries with data for 2024.
- Is gross domestic product — value us$ 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 US$. 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).