Gross value added at basic prices (GVA) in Aruba
Aruba: Gross value added at basic prices (GVA) was 3.27 billion current US$ in 2023. ▲ Rising
Gross value added at basic prices (GVA) in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Aruba recorded 3.27 billion current US$ for gross value added at basic prices (gva) in 2023. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 10.6% on the previous year and up 31.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Aruba peaked at 3.27 billion current US$ in 2023 and was at its lowest, 1.21 billion current US$, in 1995.
That places Aruba 169th out of 204 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.40 billion current US$ | 1.21 billion current US$ | 1.59 billion current US$ | 5 |
| 2000s | 2.09 billion current US$ | 1.73 billion current US$ | 2.54 billion current US$ | 10 |
| 2010s | 2.62 billion current US$ | 2.21 billion current US$ | 3.00 billion current US$ | 10 |
| 2020s | 2.75 billion current US$ | 2.21 billion current US$ | 3.27 billion current US$ | 4 |
Countries ranked near Aruba
More economy & growth data for Aruba
- External balance on goods and services as a percent of GDP 7.8% (2024)
- Inflation of consumer prices 4.3% (2019)
- GDP per capita 33,939 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 2.4% (2023)
- Gross domestic product (GDP) 3.67 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 33,939 constant 2015 US$ (2024)
- DEC alternative conversion factor 1.79 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -143.03 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -79.90 million current US$ (2024)
- Taxes less subsidies on products 861.28 million current LCU (2023)
Frequently asked questions
- What is gross value added at basic prices (gva) in Aruba?
- Gross value added at basic prices (gva) in Aruba was 3.27 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Aruba?
- The highest recorded value was 3.27 billion current US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Aruba?
- The lowest recorded value was 1.21 billion current US$ in 1995.
- How does Aruba rank for gross value added at basic prices (gva)?
- Aruba ranks 169th out of 204 countries with data for 2023.
- Is gross value added at basic prices (gva) rising or falling in Aruba?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.