Gross national expenditure (current LCU) in Aruba
Aruba: Gross national expenditure (current LCU) was 6.92 billion current LCU in 2024. ▲ Rising
Gross national expenditure in Aruba, 1995–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross national expenditure in Aruba stood at 6.92 billion current LCU. That is the highest value across all 30 years on record.
That represents a change of up 9.8% on the previous year and up 31.2% over ten years.
Over the whole period, gross national expenditure in Aruba peaked at 6.92 billion current LCU in 2024 and was at its lowest, 2.40 billion current LCU, in 1995.
That places Aruba 177th out of 186 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Gross national expenditure (current LCU) in Aruba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 2.40 billion current LCU | — |
| 1996 | 2.52 billion current LCU | +5.0% |
| 1997 | 2.84 billion current LCU | +12.8% |
| 1998 | 3.10 billion current LCU | +9.0% |
| 1999 | 3.23 billion current LCU | +4.1% |
| 2000 | 3.23 billion current LCU | +0.0% |
| 2001 | 3.34 billion current LCU | +3.4% |
| 2002 | 3.66 billion current LCU | +9.4% |
| 2003 | 3.93 billion current LCU | +7.4% |
| 2004 | 4.16 billion current LCU | +6.0% |
| 2005 | 4.60 billion current LCU | +10.6% |
| 2006 | 4.94 billion current LCU | +7.5% |
| 2007 | 5.27 billion current LCU | +6.5% |
| 2008 | 5.50 billion current LCU | +4.4% |
| 2009 | 5.11 billion current LCU | -7.1% |
| 2010 | 5.05 billion current LCU | -1.1% |
| 2011 | 5.43 billion current LCU | +7.4% |
| 2012 | 5.17 billion current LCU | -4.7% |
| 2013 | 5.30 billion current LCU | +2.6% |
| 2014 | 5.27 billion current LCU | -0.5% |
| 2015 | 5.30 billion current LCU | +0.4% |
| 2016 | 5.28 billion current LCU | -0.2% |
| 2017 | 5.50 billion current LCU | +4.2% |
| 2018 | 5.98 billion current LCU | +8.7% |
| 2019 | 6.26 billion current LCU | +4.7% |
| 2020 | 5.09 billion current LCU | -18.7% |
| 2021 | 5.42 billion current LCU | +6.5% |
| 2022 | 5.90 billion current LCU | +8.8% |
| 2023 | 6.30 billion current LCU | +6.9% |
| 2024 | 6.92 billion current LCU | +9.8% |
Aruba compared with similar countries
- Aruba's 6.92 billion current LCU is below the median for high income countries, which is 501.74 billion current LCU, 1% of the median. (66 countries reporting)
- Aruba's 6.92 billion current LCU is below the median for Latin America & Caribbean, which is 1.10 trillion current LCU, 1% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.82 billion current LCU | 2.40 billion current LCU | 3.23 billion current LCU | 5 |
| 2000s | 4.37 billion current LCU | 3.23 billion current LCU | 5.50 billion current LCU | 10 |
| 2010s | 5.46 billion current LCU | 5.05 billion current LCU | 6.26 billion current LCU | 10 |
| 2020s | 5.93 billion current LCU | 5.09 billion current LCU | 6.92 billion current LCU | 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 national expenditure in Aruba?
- Gross national expenditure in Aruba was 6.92 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Aruba?
- The highest recorded value was 6.92 billion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Aruba?
- The lowest recorded value was 2.40 billion current LCU in 1995.
- How does Aruba rank for gross national expenditure?
- Aruba ranks 177th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Aruba?
- Over the last ten years it is up 31.2%. The long-run trend across the full record is rising.
- 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 national expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.