Industry (including construction), value added (constant LCU) in Aruba
Aruba: Industry (including construction), value added (constant LCU) was 590.63 million constant LCU in 2023. ▲ Rising
Industry (including construction), value added in Aruba, 2013–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2023, industry (including construction), value added in Aruba stood at 590.63 million constant LCU.
The figure 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 648.02 million constant LCU in 2018 and was at its lowest, 524.13 million constant LCU, in 2014.
That places Aruba 182nd out of 200 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Industry (including construction), value added (constant LCU) in Aruba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2013 | 524.89 million constant LCU | — |
| 2014 | 524.13 million constant LCU | -0.1% |
| 2015 | 574.26 million constant LCU | +9.6% |
| 2016 | 601.77 million constant LCU | +4.8% |
| 2017 | 644.34 million constant LCU | +7.1% |
| 2018 | 648.02 million constant LCU | +0.6% |
| 2019 | 645.54 million constant LCU | -0.4% |
| 2020 | 535.36 million constant LCU | -17.1% |
| 2021 | 561.21 million constant LCU | +4.8% |
| 2022 | 586.97 million constant LCU | +4.6% |
| 2023 | 590.63 million constant LCU | +0.6% |
Aruba compared with similar countries
- Aruba's 590.63 million constant LCU is below the median for high income countries, which is 57.24 billion constant LCU, 1% of the median. (70 countries reporting)
- Aruba's 590.63 million constant LCU is below the median for Latin America & Caribbean, which is 29.90 billion constant LCU, 2% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 594.71 million constant LCU | 524.13 million constant LCU | 648.02 million constant LCU | 7 |
| 2020s | 568.54 million constant LCU | 535.36 million constant LCU | 590.63 million constant LCU | 4 |
Countries ranked near Aruba
- 179 Monaco 724.31 million constant LCU
- 180 Saint Lucia 684.70 million constant LCU compare
- 181 Montenegro 656.44 million constant LCU compare
- 183 San Marino 506.60 million constant LCU compare
- 184 Grenada 466.54 million constant LCU compare
- 185 Saint Kitts and Nevis 415.42 million constant LCU compare
More economy & growth data for Aruba
- Real gdp growth, annual growth rate -16.76 % change on previous year (2023)
- General government final consumption expenditure (current LCU), per 12,373 current LCU per person (2024)
- Total reserves minus gold (current US$), per capita 16,497 current US$ per person (2025)
- General government final consumption expenditure (current US$) -4.86 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.1791 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 6,912 current US$ per person (2024)
- General government final consumption expenditure (current LCU) -4.86 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3206 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current US$) 18,959 current US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.8794 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is industry (including construction), value added in Aruba?
- Industry (including construction), value added in Aruba was 590.63 million constant LCU 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 648.02 million constant LCU in 2018.
- What is the lowest industry (including construction), value added recorded in Aruba?
- The lowest recorded value was 524.13 million constant LCU in 2014.
- How does Aruba rank for industry (including construction), value added?
- Aruba ranks 182nd out of 200 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 LCU). 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 varies by country. This series is expressed in local currency units.