Industry (including construction), value added in Aruba
Aruba: Industry (including construction), value added was 379.98 million constant 2015 US$ in 2023. ▲ Rising
Industry (including construction), value added in Aruba, 2013–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added in Aruba is 379.98 million constant 2015 US$, measured in 2023.
Compared with earlier readings it is up 0.6% on the previous year and up 12.5% over ten years.
Over the whole period, industry (including construction), value added in Aruba peaked at 416.90 million constant 2015 US$ in 2018 and was at its lowest, 337.19 million constant 2015 US$, in 2014.
Aruba ranks 172nd of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 382.60 million constant 2015 US$ | 337.19 million constant 2015 US$ | 416.90 million constant 2015 US$ | 7 |
| 2020s | 365.76 million constant 2015 US$ | 344.42 million constant 2015 US$ | 379.98 million constant 2015 US$ | 4 |
Countries ranked near Aruba
- 169 Andorra 448.53 million constant 2015 US$ compare
- 170 Bermuda 397.09 million constant 2015 US$ compare
- 171 Belize 390.02 million constant 2015 US$ compare
- 173 Antigua and Barbuda 375.86 million constant 2015 US$ compare
- 174 Solomon Islands 302.30 million constant 2015 US$ compare
- 175 Turks and Caicos Islands 294.66 million constant 2015 US$ compare
More economy & growth data for Aruba
- Gross capital formation 25.7% (2024)
- Exports of goods and services 6.41 billion current LCU (2024)
- Exports of goods and services 86.0% (2024)
- Changes in inventories 65.38 million current US$ (2009)
- Changes in inventories 117.03 million current LCU (2009)
- Gross capital formation 1.07 billion current US$ (2024)
- Gross capital formation 1.92 billion current LCU (2024)
- External balance on goods and services 581.80 million current LCU (2024)
- External balance on goods and services 325.03 million current US$ (2024)
- Imports of goods and services 78.2% (2024)
Frequently asked questions
- What is industry (including construction), value added in Aruba?
- Industry (including construction), value added in Aruba was 379.98 million constant 2015 US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Aruba?
- The highest recorded value was 416.90 million constant 2015 US$ in 2018.
- What is the lowest industry (including construction), value added recorded in Aruba?
- The lowest recorded value was 337.19 million constant 2015 US$ in 2014.
- How does Aruba rank for industry (including construction), value added?
- Aruba ranks 172nd out of 194 countries with data for 2023.
- Is industry (including construction), value added rising or falling in Aruba?
- Over the last ten years it is up 12.5%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.