Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Aruba
Aruba: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.7635 constant 2015 US$ per US$ of GDP in 2023. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Aruba, 2013–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2023, gross value added at basic prices (gva) (constant 2015 us$), per unit in Aruba stood at 0.7635 constant 2015 US$ per US$ of GDP. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 6.5% on the previous year and down 19.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Aruba peaked at 0.9466 constant 2015 US$ per US$ of GDP in 2013 and was at its lowest, 0.7635 constant 2015 US$ per US$ of GDP, in 2023.
That places Aruba 80th out of 193 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Aruba, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2013 | 0.9466 constant 2015 US$ per US$ of GDP | — |
| 2014 | 0.9376 constant 2015 US$ per US$ of GDP | -1.0% |
| 2015 | 0.9162 constant 2015 US$ per US$ of GDP | -2.3% |
| 2016 | 0.9204 constant 2015 US$ per US$ of GDP | +0.5% |
| 2017 | 0.9182 constant 2015 US$ per US$ of GDP | -0.2% |
| 2018 | 0.8857 constant 2015 US$ per US$ of GDP | -3.5% |
| 2019 | 0.8576 constant 2015 US$ per US$ of GDP | -3.2% |
| 2020 | 0.8989 constant 2015 US$ per US$ of GDP | +4.8% |
| 2021 | 0.8701 constant 2015 US$ per US$ of GDP | -3.2% |
| 2022 | 0.8163 constant 2015 US$ per US$ of GDP | -6.2% |
| 2023 | 0.7635 constant 2015 US$ per US$ of GDP | -6.5% |
Aruba compared with similar countries
- Aruba's 0.7635 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7299 constant 2015 US$ per US$ of GDP, 1.0× the median. (69 countries reporting)
- Aruba's 0.7635 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.7338 constant 2015 US$ per US$ of GDP, 1.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.9118 constant 2015 US$ per US$ of GDP | 0.8576 constant 2015 US$ per US$ of GDP | 0.9466 constant 2015 US$ per US$ of GDP | 7 |
| 2020s | 0.8372 constant 2015 US$ per US$ of GDP | 0.7635 constant 2015 US$ per US$ of GDP | 0.8989 constant 2015 US$ per US$ of GDP | 4 |
Countries ranked near Aruba
- 77 Algeria 0.7678 constant 2015 US$ per US$ of GDP compare
- 78 Cayman Islands 0.7669 constant 2015 US$ per US$ of GDP compare
- 79 Malawi 0.7658 constant 2015 US$ per US$ of GDP compare
- 81 Canada 0.7634 constant 2015 US$ per US$ of GDP compare
- 82 Benin 0.7625 constant 2015 US$ per US$ of GDP compare
- 83 Gabon 0.7592 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Aruba
- Final consumption expenditure (current LCU), per capita 46,310 current LCU per person (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)
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9279 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), annual growth rate 9.8 % change on previous year (2024)
- Final consumption expenditure (current US$), per capita 25,871 current US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate -1.38 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6704 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Aruba?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Aruba was 0.7635 constant 2015 US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Aruba?
- The highest recorded value was 0.9466 constant 2015 US$ per US$ of GDP in 2013.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Aruba?
- The lowest recorded value was 0.7635 constant 2015 US$ per US$ of GDP in 2023.
- How does Aruba rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Aruba ranks 80th out of 193 countries with data for 2023.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Aruba?
- Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.