Manufacturing, value added (constant LCU), per unit of GDP in Aruba
Aruba: Manufacturing, value added (constant LCU), per unit of GDP was 0.0455 constant LCU per US$ of GDP in 2023. ▼ Falling
Manufacturing, value added (constant LCU), per unit of GDP in Aruba, 2013–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for manufacturing, value added (constant lcu), per unit of gdp in Aruba is 0.0455 constant LCU per US$ of GDP, measured in 2023. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 12.3% on the previous year and down 22.1% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Aruba peaked at 0.0601 constant LCU per US$ of GDP in 2020 and was at its lowest, 0.0455 constant LCU per US$ of GDP, in 2023.
Aruba ranks 167th of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Manufacturing, value added (constant LCU), per unit of GDP in Aruba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2013 | 0.0584 constant LCU per US$ of GDP | — |
| 2014 | 0.0525 constant LCU per US$ of GDP | -10.1% |
| 2015 | 0.0494 constant LCU per US$ of GDP | -5.8% |
| 2016 | 0.0518 constant LCU per US$ of GDP | +4.7% |
| 2017 | 0.0544 constant LCU per US$ of GDP | +5.0% |
| 2018 | 0.0531 constant LCU per US$ of GDP | -2.3% |
| 2019 | 0.0504 constant LCU per US$ of GDP | -5.0% |
| 2020 | 0.0601 constant LCU per US$ of GDP | +19.2% |
| 2021 | 0.056 constant LCU per US$ of GDP | -7.0% |
| 2022 | 0.0519 constant LCU per US$ of GDP | -7.2% |
| 2023 | 0.0455 constant LCU per US$ of GDP | -12.3% |
Aruba compared with similar countries
- Aruba's 0.0455 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 45% of the median. (67 countries reporting)
- Aruba's 0.0455 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1599 constant LCU per US$ of GDP, 28% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0529 constant LCU per US$ of GDP | 0.0494 constant LCU per US$ of GDP | 0.0584 constant LCU per US$ of GDP | 7 |
| 2020s | 0.0534 constant LCU per US$ of GDP | 0.0455 constant LCU per US$ of GDP | 0.0601 constant LCU per US$ of GDP | 4 |
Countries ranked near Aruba
- 164 Kiribati 0.0482 constant LCU per US$ of GDP compare
- 165 Antigua and Barbuda 0.0478 constant LCU per US$ of GDP compare
- 166 South Sudan 0.0471 constant LCU per US$ of GDP
- 168 Panama 0.0426 constant LCU per US$ of GDP compare
- 169 Malta 0.0412 constant LCU per US$ of GDP compare
- 170 Libya 0.0398 constant LCU per US$ of GDP compare
More economy & growth data for Aruba
- Gross national expenditure (current LCU), per capita 64,094 current LCU per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.021 BoP, current US$ per US$ of GDP (2024)
- Exports of goods and services (current LCU), annual growth rate 19.75 % change on previous year (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 811.76 BoP, current US$ per person (2024)
- Exports of goods and services (current US$), annual growth rate 19.75 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 0.9279 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Aruba?
- Manufacturing, value added (constant lcu), per unit of gdp in Aruba was 0.0455 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Aruba?
- The highest recorded value was 0.0601 constant LCU per US$ of GDP in 2020.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Aruba?
- The lowest recorded value was 0.0455 constant LCU per US$ of GDP in 2023.
- How does Aruba rank for manufacturing, value added (constant lcu), per unit of gdp?
- Aruba ranks 167th out of 190 countries with data for 2023.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Aruba?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.