Gross savings in Aruba
Aruba: Gross savings was 931.00 million current LCU in 2023. ▬ Flat
Gross savings in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Aruba recorded 931.00 million current LCU for gross savings in 2023. That is the highest value across all 29 years on record.
The figure is up 6.3% on the previous year and up 164.9% over ten years.
Over the whole period, gross savings in Aruba peaked at 931.00 million current LCU in 2023 and was at its lowest, -69.83 million current LCU, in 2005.
That places Aruba 164th out of 178 countries with data for 2023, putting it in the bottom quarter.
Gross savings in Aruba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 731.80 million current LCU | — |
| 1996 | 613.60 million current LCU | -16.2% |
| 1997 | 666.70 million current LCU | +8.7% |
| 1998 | 807.40 million current LCU | +21.1% |
| 1999 | 636.85 million current LCU | -21.1% |
| 2000 | 795.27 million current LCU | +24.9% |
| 2001 | 651.41 million current LCU | -18.1% |
| 2002 | 428.68 million current LCU | -34.2% |
| 2003 | 535.91 million current LCU | +25.0% |
| 2004 | 696.17 million current LCU | +29.9% |
| 2005 | -69.83 million current LCU | -110.0% |
| 2006 | 579.33 million current LCU | -929.6% |
| 2007 | 139.83 million current LCU | -75.9% |
| 2008 | 780.91 million current LCU | +458.5% |
| 2009 | 510.84 million current LCU | -34.6% |
| 2010 | 204.16 million current LCU | -60.0% |
| 2011 | -58.56 million current LCU | -128.7% |
| 2012 | 269.21 million current LCU | -559.7% |
| 2013 | 351.49 million current LCU | +30.6% |
| 2014 | 572.42 million current LCU | +62.9% |
| 2015 | 809.66 million current LCU | +41.4% |
| 2016 | 810.38 million current LCU | +0.1% |
| 2017 | 751.50 million current LCU | -7.3% |
| 2018 | 647.60 million current LCU | -13.8% |
| 2019 | 668.34 million current LCU | +3.2% |
| 2020 | 157.95 million current LCU | -76.4% |
| 2021 | 464.91 million current LCU | +194.3% |
| 2022 | 875.56 million current LCU | +88.3% |
| 2023 | 931.00 million current LCU | +6.3% |
Aruba compared with similar countries
- Aruba's 931.00 million current LCU is below the median for high income countries, which is 181.85 billion current LCU, 1% of the median. (63 countries reporting)
- Aruba's 931.00 million current LCU is below the median for Latin America & Caribbean, which is 205.45 billion current LCU, 0% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Gross savings 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 |
|---|---|---|---|
| 2006 | +929.6% | -69.83 million current LCU | 579.33 million current LCU |
| 2012 | +559.7% | -58.56 million current LCU | 269.21 million current LCU |
| 2008 | +458.5% | 139.83 million current LCU | 780.91 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 691.27 million current LCU | 613.60 million current LCU | 807.40 million current LCU | 5 |
| 2000s | 504.85 million current LCU | -69.83 million current LCU | 795.27 million current LCU | 10 |
| 2010s | 502.62 million current LCU | -58.56 million current LCU | 810.38 million current LCU | 10 |
| 2020s | 607.36 million current LCU | 157.95 million current LCU | 931.00 million current LCU | 4 |
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 savings in Aruba?
- Gross savings in Aruba was 931.00 million current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Aruba?
- The highest recorded value was 931.00 million current LCU in 2023.
- What is the lowest gross savings recorded in Aruba?
- The lowest recorded value was -69.83 million current LCU in 2005.
- How does Aruba rank for gross savings?
- Aruba ranks 164th out of 178 countries with data for 2023.
- Is gross savings rising or falling in Aruba?
- Over the last ten years it is up 164.9%. The long-run trend across the full record is flat.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.