Gross value added at basic prices (GVA) (current LCU), annual growth in Aruba
Aruba: Gross value added at basic prices (GVA) (current LCU), annual growth 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 (GVA) (current LCU), annual growth 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% |
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
- GNI (current LCU), annual growth rate 14.87 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1284 current US$ per US$ of GDP (2023)
- Taxes less subsidies on products (current US$), annual growth rate 28.94 % change on previous year (2023)
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 28.29 % change on previous year (2024)
- GNI (current LCU), per capita 65,326 current LCU per person (2024)
- GNI (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2024)
- GNI (current US$), annual growth rate 14.87 % change on previous year (2024)
- GNI, Atlas method (current US$), annual growth rate 11.75 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 35,201 current US$ 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.
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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.