Gross Fixed Capital Formation — Value Standard Local Currency in Aruba
Aruba: Gross Fixed Capital Formation — Value Standard Local Currency was 1,436 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Aruba, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Aruba recorded 1,436 million SLC for gross fixed capital formation — value standard local currency in 2024.
That represents a change of up 2.5% on the previous year and up 33.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Aruba peaked at 1,555 million SLC in 2008 and was at its lowest, 103.71 million SLC, in 1970.
Aruba ranks 203rd of 230 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 Fixed Capital Formation — Value Standard Local Currency in Aruba, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 103.71 million SLC | — |
| 1971 | 109.23 million SLC | +5.3% |
| 1972 | 115.06 million SLC | +5.3% |
| 1973 | 121.19 million SLC | +5.3% |
| 1974 | 127.65 million SLC | +5.3% |
| 1975 | 134.46 million SLC | +5.3% |
| 1976 | 141.62 million SLC | +5.3% |
| 1977 | 149.18 million SLC | +5.3% |
| 1978 | 157.13 million SLC | +5.3% |
| 1979 | 165.5 million SLC | +5.3% |
| 1980 | 174.33 million SLC | +5.3% |
| 1981 | 183.61 million SLC | +5.3% |
| 1982 | 193.41 million SLC | +5.3% |
| 1983 | 203.73 million SLC | +5.3% |
| 1984 | 214.55 million SLC | +5.3% |
| 1985 | 226.03 million SLC | +5.3% |
| 1986 | 238.13 million SLC | +5.4% |
| 1987 | 286.08 million SLC | +20.1% |
| 1988 | 350.39 million SLC | +22.5% |
| 1989 | 408.64 million SLC | +16.6% |
| 1990 | 447.43 million SLC | +9.5% |
| 1991 | 514.38 million SLC | +15.0% |
| 1992 | 563.95 million SLC | +9.6% |
| 1993 | 624.54 million SLC | +10.7% |
| 1994 | 752.84 million SLC | +20.5% |
| 1995 | 722.6 million SLC | -4.0% |
| 1996 | 699.91 million SLC | -3.1% |
| 1997 | 836.01 million SLC | +19.4% |
| 1998 | 920.25 million SLC | +10.1% |
| 1999 | 971.15 million SLC | +5.5% |
| 2000 | 806.41 million SLC | -17.0% |
| 2001 | 767.61 million SLC | -4.8% |
| 2002 | 881.75 million SLC | +14.9% |
| 2003 | 980.01 million SLC | +11.1% |
| 2004 | 1,073 million SLC | +9.5% |
| 2005 | 1,339 million SLC | +24.7% |
| 2006 | 1,462 million SLC | +9.2% |
| 2007 | 1,447 million SLC | -1.0% |
| 2008 | 1,555 million SLC | +7.5% |
| 2009 | 1,265 million SLC | -18.6% |
| 2010 | 1,171 million SLC | -7.4% |
| 2011 | 1,221 million SLC | +4.3% |
| 2012 | 1,026 million SLC | -16.0% |
| 2013 | 1,088 million SLC | +6.1% |
| 2014 | 1,079 million SLC | -0.8% |
| 2015 | 1,067 million SLC | -1.1% |
| 2016 | 1,023 million SLC | -4.1% |
| 2017 | 1,062 million SLC | +3.8% |
| 2018 | 1,238 million SLC | +16.6% |
| 2019 | 1,288 million SLC | +4.1% |
| 2020 | 1,074 million SLC | -16.6% |
| 2021 | 1,143 million SLC | +6.4% |
| 2022 | 1,228 million SLC | +7.5% |
| 2023 | 1,402 million SLC | +14.2% |
| 2024 | 1,436 million SLC | +2.5% |
Aruba compared with similar countries
- Aruba's 1,436 million SLC is below the median for high income countries, which is 36,467 million SLC, 4% of the median. (73 countries reporting)
- Aruba's 1,436 million SLC is below the median for Latin America & Caribbean, which is 21,321 million SLC, 7% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 132.47 million SLC | 103.71 million SLC | 165.5 million SLC | 10 |
| 1980s | 247.89 million SLC | 174.33 million SLC | 408.64 million SLC | 10 |
| 1990s | 705.31 million SLC | 447.43 million SLC | 971.15 million SLC | 10 |
| 2000s | 1,158 million SLC | 767.61 million SLC | 1,555 million SLC | 10 |
| 2010s | 1,126 million SLC | 1,023 million SLC | 1,288 million SLC | 10 |
| 2020s | 1,256 million SLC | 1,074 million SLC | 1,436 million SLC | 5 |
Countries ranked near Aruba
- 201 Montenegro 1,510 million SLC compare
- 202 Saint Lucia 1,454 million SLC compare
- 204 Belize 1,407 million SLC compare
- 205 Cayman Islands 1,266 million SLC compare
- 206 Saint Vincent and the Grenadines 1,185 million SLC compare
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 fixed capital formation — value standard local currency in Aruba?
- Gross fixed capital formation — value standard local currency in Aruba was 1,436 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Aruba?
- The highest recorded value was 1,555 million SLC in 2008.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Aruba?
- The lowest recorded value was 103.71 million SLC in 1970.
- How does Aruba rank for gross fixed capital formation — value standard local currency?
- Aruba ranks 203rd out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Aruba?
- Over the last ten years it is up 33.1%. 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 Fixed Capital Formation — 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).