Gross savings in Aruba
Aruba: Gross savings was 520.11 million current US$ in 2023. ▬ Flat
Gross savings in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Aruba recorded 520.11 million current US$ 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 520.11 million current US$ in 2023 and was at its lowest, -39.01 million current US$, in 2005.
That places Aruba 155th out of 177 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 386.18 million current US$ | 342.79 million current US$ | 451.06 million current US$ | 5 |
| 2000s | 282.04 million current US$ | -39.01 million current US$ | 444.28 million current US$ | 10 |
| 2010s | 280.79 million current US$ | -32.71 million current US$ | 452.73 million current US$ | 10 |
| 2020s | 339.30 million current US$ | 88.24 million current US$ | 520.11 million current US$ | 4 |
Countries ranked near Aruba
- 152 Cape Verde 646.00 million current US$ compare
- 153 Gambia 623.58 million current US$ compare
- 156 Guinea-Bissau 419.34 million current US$ compare
- 157 Mozambique 388.12 million current US$ compare
- 158 Samoa 386.74 million current US$ compare
More economy & growth data for Aruba
- Gross capital formation 25.7% (2024)
- Exports of goods and services 6.41 billion current LCU (2024)
- Exports of goods and services 86.0% (2024)
- Changes in inventories 65.38 million current US$ (2009)
- Changes in inventories 117.03 million current LCU (2009)
- Gross capital formation 1.07 billion current US$ (2024)
- Gross capital formation 1.92 billion current LCU (2024)
- External balance on goods and services 581.80 million current LCU (2024)
- External balance on goods and services 325.03 million current US$ (2024)
- Imports of goods and services 78.2% (2024)
Frequently asked questions
- What is gross savings in Aruba?
- Gross savings in Aruba was 520.11 million current US$ 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 520.11 million current US$ in 2023.
- What is the lowest gross savings recorded in Aruba?
- The lowest recorded value was -39.01 million current US$ in 2005.
- How does Aruba rank for gross savings?
- Aruba ranks 155th out of 177 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 US$). 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 indicator is expressed in United States dollars.