Manufacturing, value added in Aruba
Aruba: Manufacturing, value added was 157.98 million current LCU in 2023. ▲ Rising
Manufacturing, value added in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Aruba recorded 157.98 million current LCU for manufacturing, value added in 2023.
Compared with earlier readings it is up 0.9% on the previous year and down 0.8% over ten years.
Over the whole period, manufacturing, value added in Aruba peaked at 339.48 million current LCU in 2008 and was at its lowest, 59.52 million current LCU, in 1995.
Aruba ranks 182nd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Manufacturing, value added in Aruba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 59.52 million current LCU | — |
| 1996 | 62.00 million current LCU | +4.2% |
| 1997 | 67.92 million current LCU | +9.5% |
| 1998 | 83.29 million current LCU | +22.6% |
| 1999 | 111.00 million current LCU | +33.3% |
| 2000 | 137.53 million current LCU | +23.9% |
| 2001 | 145.19 million current LCU | +5.6% |
| 2002 | 155.42 million current LCU | +7.0% |
| 2003 | 174.81 million current LCU | +12.5% |
| 2004 | 226.91 million current LCU | +29.8% |
| 2005 | 261.38 million current LCU | +15.2% |
| 2006 | 290.26 million current LCU | +11.1% |
| 2007 | 319.50 million current LCU | +10.1% |
| 2008 | 339.48 million current LCU | +6.3% |
| 2009 | 192.27 million current LCU | -43.4% |
| 2010 | 125.63 million current LCU | -34.7% |
| 2011 | 198.60 million current LCU | +58.1% |
| 2012 | 93.23 million current LCU | -53.1% |
| 2013 | 159.31 million current LCU | +70.9% |
| 2014 | 171.82 million current LCU | +7.9% |
| 2015 | 190.15 million current LCU | +10.7% |
| 2016 | 197.02 million current LCU | +3.6% |
| 2017 | 206.68 million current LCU | +4.9% |
| 2018 | 189.13 million current LCU | -8.5% |
| 2019 | 175.36 million current LCU | -7.3% |
| 2020 | 113.75 million current LCU | -35.1% |
| 2021 | 117.54 million current LCU | +3.3% |
| 2022 | 156.52 million current LCU | +33.2% |
| 2023 | 157.98 million current LCU | +0.9% |
Aruba compared with similar countries
- Aruba's 157.98 million current LCU is below the median for high income countries, which is 34.51 billion current LCU, 0% of the median. (75 countries reporting)
- Aruba's 157.98 million current LCU is below the median for Latin America & Caribbean, which is 29.06 billion current LCU, 1% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +70.9% | 93.23 million current LCU | 159.31 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 76.75 million current LCU | 59.52 million current LCU | 111.00 million current LCU | 5 |
| 2000s | 224.27 million current LCU | 137.53 million current LCU | 339.48 million current LCU | 10 |
| 2010s | 170.69 million current LCU | 93.23 million current LCU | 206.68 million current LCU | 10 |
| 2020s | 136.45 million current LCU | 113.75 million current LCU | 157.98 million current LCU | 4 |
Countries ranked near Aruba
- 179 Montenegro 254.68 million current LCU compare
- 180 Curacao 186.12 million current LCU compare
- 181 Samoa 176.55 million current LCU compare
- 183 Antigua and Barbuda 153.86 million current LCU compare
- 184 Saint Vincent and the Grenadines 133.33 million current LCU compare
- 185 Sao Tome and Principe 126.50 million current LCU compare
More economy & growth data for Aruba
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (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)
- Exports of goods and services (current US$), annual growth rate 19.75 % change on previous year (2024)
- Gross national expenditure (current LCU), per capita 64,094 current LCU per person (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (2024)
- Final consumption expenditure (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2024)
- Final consumption expenditure (current LCU), per capita 46,310 current LCU per person (2024)
Frequently asked questions
- What is manufacturing, value added in Aruba?
- Manufacturing, value added in Aruba was 157.98 million current LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Aruba?
- The highest recorded value was 339.48 million current LCU in 2008.
- What is the lowest manufacturing, value added recorded in Aruba?
- The lowest recorded value was 59.52 million current LCU in 1995.
- How does Aruba rank for manufacturing, value added?
- Aruba ranks 182nd out of 205 countries with data for 2023.
- Is manufacturing, value added rising or falling in Aruba?
- Over the last ten years it is down 0.8%. 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 Manufacturing, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.