Gross value added at basic prices … current LCU annual growth rate in Aruba
Aruba: Gross value added at basic prices … current LCU annual growth rate was 10.56 % change on previous year in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Aruba, 1996–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Aruba is 10.56 % change on previous year, measured in 2023.
The figure is down 25.8% on the previous year and up 81.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Aruba peaked at 16.99 % change on previous year in 2021 and was at its lowest, -26.3 % change on previous year, in 2020.
Aruba ranks 54th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices … current LCU annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 3.98 % change on previous year | — |
| 1997 | 11.89 % change on previous year | +198.7% |
| 1998 | 9.11 % change on previous year | -23.4% |
| 1999 | 3.43 % change on previous year | -62.3% |
| 2000 | 8.76 % change on previous year | +155.5% |
| 2001 | 1.35 % change on previous year | -84.6% |
| 2002 | 3.72 % change on previous year | +175.4% |
| 2003 | 3.84 % change on previous year | +3.3% |
| 2004 | 10.01 % change on previous year | +160.8% |
| 2005 | 4.42 % change on previous year | -55.8% |
| 2006 | 4.15 % change on previous year | -6.0% |
| 2007 | 6.2 % change on previous year | +49.1% |
| 2008 | 5.94 % change on previous year | -4.1% |
| 2009 | -10.7 % change on previous year | -280.0% |
| 2010 | -2.54 % change on previous year | -76.3% |
| 2011 | 7.15 % change on previous year | -381.8% |
| 2012 | -1.05 % change on previous year | -114.7% |
| 2013 | 5.83 % change on previous year | -655.4% |
| 2014 | 2.42 % change on previous year | -58.6% |
| 2015 | 6.84 % change on previous year | +183.0% |
| 2016 | 0.5272 % change on previous year | -92.3% |
| 2017 | 3.58 % change on previous year | +579.4% |
| 2018 | 5.6 % change on previous year | +56.3% |
| 2019 | 0.4516 % change on previous year | -91.9% |
| 2020 | -26.3 % change on previous year | -5923.6% |
| 2021 | 16.99 % change on previous year | -164.6% |
| 2022 | 14.24 % change on previous year | -16.2% |
| 2023 | 10.56 % change on previous year | -25.8% |
Aruba compared with similar countries
- Aruba's 10.56 % change on previous year is above the median for high income countries, which is 5.13 % change on previous year, 2.1× the median. (77 countries reporting)
- Aruba's 10.56 % change on previous year is above the median for Latin America & Caribbean, which is 6.54 % change on previous year, 1.6× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate 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 |
|---|---|---|---|
| 2020 | -5923.6% | 0.4516 % change on previous year | -26.3 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.1 % change on previous year | 3.43 % change on previous year | 11.89 % change on previous year | 4 |
| 2000s | 3.77 % change on previous year | -10.7 % change on previous year | 10.01 % change on previous year | 10 |
| 2010s | 2.88 % change on previous year | -2.54 % change on previous year | 7.15 % change on previous year | 10 |
| 2020s | 3.87 % change on previous year | -26.3 % change on previous year | 16.99 % change on previous year | 4 |
Countries ranked near Aruba
- 51 Suriname 11.16 % change on previous year compare
- 52 Monaco 11.1 % change on previous year compare
- 53 Zambia 10.98 % change on previous year compare
- 55 United States 10.53 % change on previous year compare
- 56 Bulgaria 10.43 % change on previous year compare
- 57 Myanmar 10.26 % 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) (current lcu), annual growth in Aruba?
- Gross value added at basic prices (gva) (current lcu), annual growth in Aruba was 10.56 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Aruba?
- The highest recorded value was 16.99 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Aruba?
- The lowest recorded value was -26.3 % change on previous year in 2020.
- How does Aruba rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Aruba ranks 54th out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Aruba?
- Over the last ten years it is up 81.0%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 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) (current LCU). 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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.