Gross value added at basic prices (GVA) … 2015 annual growth rate in Aruba
Aruba: Gross value added at basic prices (GVA) … 2015 annual growth rate was 5.34 % change on previous year in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Aruba, 2014–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Aruba recorded 5.34 % change on previous year for gross value added at basic prices (gva) (constant 2015 us$), annual in 2023.
The figure is down 33.4% on the previous year and up 299.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Aruba peaked at 13.64 % change on previous year in 2021 and was at its lowest, -22.94 % change on previous year, in 2020.
Aruba ranks 44th of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … 2015 annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2014 | 1.34 % change on previous year | — |
| 2015 | 3.75 % change on previous year | +180.1% |
| 2016 | 1.16 % change on previous year | -68.9% |
| 2017 | 3.39 % change on previous year | +191.1% |
| 2018 | 2.2 % change on previous year | -35.1% |
| 2019 | -1.06 % change on previous year | -148.3% |
| 2020 | -22.94 % change on previous year | +2061.0% |
| 2021 | 13.64 % change on previous year | -159.4% |
| 2022 | 8.02 % change on previous year | -41.2% |
| 2023 | 5.34 % change on previous year | -33.4% |
Aruba compared with similar countries
- Aruba's 5.34 % change on previous year is above the median for high income countries, which is 1.99 % change on previous year, 2.7× the median. (69 countries reporting)
- Aruba's 5.34 % change on previous year is above the median for Latin America & Caribbean, which is 3.19 % change on previous year, 1.7× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.8 % change on previous year | -1.06 % change on previous year | 3.75 % change on previous year | 6 |
| 2020s | 1.01 % change on previous year | -22.94 % change on previous year | 13.64 % change on previous year | 4 |
Countries ranked near Aruba
- 41 Cambodia 5.53 % change on previous year compare
- 42 Mali 5.39 % change on previous year compare
- 43 Antigua and Barbuda 5.36 % change on previous year compare
- 45 Burkina Faso 5.29 % change on previous year compare
- 46 Chad 5.28 % change on previous year compare
- 47 Indonesia 5.16 % change on previous year compare
More economy & growth data for Aruba
- Exports of goods and services (current LCU), per unit of GDP 1.54 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate 55.81 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0248 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 956.07 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4564 includes gold, current US$ per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 59,385 current LCU per person (2024)
- Total reserves minus gold (current US$), annual growth rate 9.34 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Aruba?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Aruba was 5.34 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Aruba?
- The highest recorded value was 13.64 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Aruba?
- The lowest recorded value was -22.94 % change on previous year in 2020.
- How does Aruba rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Aruba ranks 44th out of 193 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Aruba?
- Over the last ten years it is up 299.1%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.