Manufacturing value added to gdp in Aruba
Aruba: Manufacturing value added to gdp was 2.36 in 2023. ▼ Falling
Latest (2023)
2.36
Change on year
down 10.4%
World rank
182nd
of 202 countries
All-time high
6.67
in 2008
All-time low
1.99
in 2012
Years of data
29
1995–2023
Manufacturing value added to gdp in Aruba, 1995–2023
Source: Our World in Data.
Analysis
The most recent figure for manufacturing value added to gdp in Aruba is 2.36, measured in 2023.
Compared with earlier readings it is down 10.4% on the previous year and down 27.8% over ten years.
Over the whole period, manufacturing value added to gdp in Aruba peaked at 6.67 in 2008 and was at its lowest, 1.99, in 2012.
Aruba ranks 182nd of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Manufacturing value added to gdp in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 2.52 | — |
| 1996 | 2.51 | -0.3% |
| 1997 | 2.48 | -1.3% |
| 1998 | 2.79 | +12.8% |
| 1999 | 3.6 | +28.8% |
| 2000 | 4.1 | +13.9% |
| 2001 | 4.28 | +4.3% |
| 2002 | 4.43 | +3.5% |
| 2003 | 4.78 | +7.9% |
| 2004 | 5.62 | +17.7% |
| 2005 | 6.19 | +10.1% |
| 2006 | 6.57 | +6.1% |
| 2007 | 6.67 | +1.5% |
| 2008 | 6.67 | +0.1% |
| 2009 | 4.21 | -36.9% |
| 2010 | 2.86 | -32.0% |
| 2011 | 4.21 | +47.0% |
| 2012 | 1.99 | -52.6% |
| 2013 | 3.26 | +63.8% |
| 2014 | 3.44 | +5.4% |
| 2015 | 3.59 | +4.2% |
| 2016 | 3.69 | +2.9% |
| 2017 | 3.73 | +1.2% |
| 2018 | 3.23 | -13.6% |
| 2019 | 2.93 | -9.3% |
| 2020 | 2.58 | -11.8% |
| 2021 | 2.27 | -12.0% |
| 2022 | 2.63 | +15.7% |
| 2023 | 2.36 | -10.4% |
Aruba compared with similar countries
- Aruba's 2.36 is below the median for high income countries, which is 9.49, 25% of the median. (75 countries reporting)
- Aruba's 2.36 is below the median for Latin America & Caribbean, which is 9.9, 24% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.78 | 2.48 | 3.6 | 5 |
| 2000s | 5.35 | 4.1 | 6.67 | 10 |
| 2010s | 3.29 | 1.99 | 4.21 | 10 |
| 2020s | 2.46 | 2.27 | 2.63 | 4 |
Countries ranked near Aruba
- 179 Libya 2.81 compare
- 180 Greenland 2.72 compare
- 181 Antigua and Barbuda 2.44 compare
- 183 Liberia 2.28 compare
- 184 Isle of Man 2.02 compare
- 185 East Timor 1.9 compare
More economy & growth data for Aruba
- Real gdp growth, annual growth rate -16.76 % change on previous year (2023)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (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)
- 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)
- 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 to gdp in Aruba?
- Manufacturing value added to gdp in Aruba was 2.36 in 2023, according to Our World in Data.
- What is the highest manufacturing value added to gdp recorded in Aruba?
- The highest recorded value was 6.67 in 2008.
- What is the lowest manufacturing value added to gdp recorded in Aruba?
- The lowest recorded value was 1.99 in 2012.
- How does Aruba rank for manufacturing value added to gdp?
- Aruba ranks 182nd out of 202 countries with data for 2023.
- Is manufacturing value added to gdp rising or falling in Aruba?
- Over the last ten years it is down 27.8%. The long-run trend across the full record is falling.
- Where does this Aruba data come from?
- The figures come from Our World in Data, published as part of Manufacturing value added to gdp. Statizoid updates them automatically from the source API.
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