Gross value added at basic prices (GVA) (current US$), annual growth in Aruba
Aruba: Gross value added at basic prices (GVA) (current US$), annual growth was 10.56 % change on previous year in 2023. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Aruba, 1996–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross value added at basic prices (gva) (current us$), annual growth in Aruba stood at 10.56 % change on previous year.
Compared with earlier readings it is down 25.9% on the previous year and up 81.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Aruba peaked at 16.99 % change on previous year in 2021 and was at its lowest, -26.3 % change on previous year, in 2020.
Aruba ranks 71st of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), 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 | +155.4% |
| 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 | 4.16 % 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 | +183.1% |
| 2016 | 0.5271 % 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 | 0.4513 % change on previous year | -91.9% |
| 2020 | -26.3 % change on previous year | -5928.0% |
| 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 | -25.9% |
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
- 68 Central African Republic 10.68 % change on previous year compare
- 69 San Marino 10.66 % change on previous year compare
- 70 Sweden 10.61 % change on previous year compare
- 72 United States 10.53 % change on previous year compare
- 73 Hungary 10.29 % change on previous year compare
- 74 Myanmar 10.26 % change on previous year compare
More economy & growth data for Aruba
- GDP (current US$), per capita 38,591 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 1.31 constant LCU per US$ of GDP (2023)
- Gross value added at basic prices (GVA) (constant LCU), per capita 45,824 constant LCU per person (2023)
- GDP (current US$), annual growth rate 11.24 % change on previous year (2024)
- GNI, Atlas method (current US$), annual growth rate 11.75 % change on previous year (2024)
- Gross domestic savings (current LCU), per capita 22,767 current LCU per person (2024)
- GDP (current LCU), per capita 69,077 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1.79 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.34 % change on previous year (2023)
- GDP (current LCU), annual growth rate 11.24 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Aruba?
- Gross value added at basic prices (gva) (current us$), 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 us$), annual growth recorded in Aruba?
- The highest recorded value was 16.99 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (current us$), 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 us$), annual growth?
- Aruba ranks 71st out of 205 countries with data for 2023.
- Is gross value added at basic prices (gva) (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). 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 Offices (NSOs)
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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.