Gross domestic savings in Aruba
Aruba: Gross domestic savings was 33.0% in 2024. ▼ Falling
Gross domestic savings in Aruba, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross domestic savings in Aruba stood at 33.0%. That is the highest value across all 30 years on record.
That represents a change of up 35.2% on the previous year and up 88.0% over ten years.
Over the whole period, gross domestic savings in Aruba peaked at 33.0% in 2024 and was at its lowest, 8.3%, in 2020.
Aruba ranks 36th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Gross domestic savings in Aruba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1995 | 29.6% | — |
| 1996 | 26.4% | -10.7% |
| 1997 | 26.6% | +0.6% |
| 1998 | 27.7% | +4.4% |
| 1999 | 26.2% | -5.4% |
| 2000 | 29.2% | +11.4% |
| 2001 | 25.6% | -12.3% |
| 2002 | 22.5% | -12.0% |
| 2003 | 21.5% | -4.3% |
| 2004 | 25.4% | +17.6% |
| 2005 | 24.3% | -4.3% |
| 2006 | 22.7% | -6.6% |
| 2007 | 21.9% | -3.4% |
| 2008 | 24.1% | +9.8% |
| 2009 | 17.9% | -25.5% |
| 2010 | 13.3% | -26.0% |
| 2011 | 12.5% | -5.8% |
| 2012 | 13.1% | +4.8% |
| 2013 | 15.2% | +16.5% |
| 2014 | 17.5% | +15.0% |
| 2015 | 21.7% | +23.7% |
| 2016 | 21.6% | -0.3% |
| 2017 | 21.1% | -2.4% |
| 2018 | 20.4% | -3.4% |
| 2019 | 18.1% | -11.3% |
| 2020 | 8.3% | -54.2% |
| 2021 | 15.4% | +85.6% |
| 2022 | 20.6% | +33.6% |
| 2023 | 24.4% | +18.5% |
| 2024 | 33.0% | +35.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.3% | 26.2% | 29.6% | 5 |
| 2000s | 23.5% | 17.9% | 29.2% | 10 |
| 2010s | 17.5% | 12.5% | 21.7% | 10 |
| 2020s | 20.3% | 8.3% | 33.0% | 5 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0005 constant LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), annual 30.27 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0007 current LCU per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (current LCU), per 24.69 current LCU per person (2023)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 24.97 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0003 constant 2015 US$ per US$ of GDP (2023)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 9.71 constant 2015 US$ per person (2023)
- Agriculture, forestry, and fishing, value added (constant LCU) 24.97 % change on previous year (2023)
- Manufacturing, value added (current LCU), per capita 1,471 current LCU per person (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.0422 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is gross domestic savings in Aruba?
- Gross domestic savings in Aruba was 33.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Aruba?
- The highest recorded value was 33.0% in 2024.
- What is the lowest gross domestic savings recorded in Aruba?
- The lowest recorded value was 8.3% in 2020.
- How does Aruba rank for gross domestic savings?
- Aruba ranks 36th out of 188 countries with data for 2024.
- Is gross domestic savings rising or falling in Aruba?
- Over the last ten years it is up 88.0%. 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 domestic savings (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.