Net trade in goods and services (BoP, current US$), annual growth rate in Aruba
Aruba: Net trade in goods and services (BoP, current US$), annual growth rate was 38.7 % change on previous year in 2023. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Aruba, 1987–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Aruba recorded 38.7 % change on previous year for net trade in goods and services (bop, current us$), annual growth rate in 2023.
Compared with earlier readings it is down 42.4% on the previous year and up 128.4% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Aruba peaked at 683.35 % change on previous year in 2015 and was at its lowest, -285.02 % change on previous year, in 1990.
That places Aruba 33rd out of 199 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | 49.04 % change on previous year | — |
| 1988 | -254.13 % change on previous year | -618.2% |
| 1989 | -47.35 % change on previous year | -81.4% |
| 1990 | -285.02 % change on previous year | +502.0% |
| 1991 | -33.46 % change on previous year | -88.3% |
| 1992 | 116.99 % change on previous year | -449.7% |
| 1993 | 26.57 % change on previous year | -77.3% |
| 1994 | 98.44 % change on previous year | +270.5% |
| 1995 | -130.09 % change on previous year | -232.2% |
| 1996 | -109.61 % change on previous year | -15.7% |
| 1997 | -212.4 % change on previous year | +93.8% |
| 1998 | 91.43 % change on previous year | -143.0% |
| 2000 | 191.14 % change on previous year | +109.1% |
| 2001 | 38.96 % change on previous year | -79.6% |
| 2002 | -132 % change on previous year | -438.8% |
| 2003 | 82.3 % change on previous year | -162.3% |
| 2005 | 57.9 % change on previous year | -29.6% |
| 2006 | -23.65 % change on previous year | -140.9% |
| 2007 | 40.17 % change on previous year | -269.8% |
| 2008 | -67.67 % change on previous year | -268.4% |
| 2009 | 38.99 % change on previous year | -157.6% |
| 2010 | -172.29 % change on previous year | -541.9% |
| 2011 | 140.57 % change on previous year | -181.6% |
| 2012 | 178.81 % change on previous year | +27.2% |
| 2013 | -136.46 % change on previous year | -176.3% |
| 2014 | 138.37 % change on previous year | -201.4% |
| 2015 | 683.35 % change on previous year | +393.8% |
| 2016 | 8.06 % change on previous year | -98.8% |
| 2017 | -19.78 % change on previous year | -345.3% |
| 2018 | 7.33 % change on previous year | -137.0% |
| 2019 | 12.02 % change on previous year | +64.1% |
| 2020 | -162.33 % change on previous year | -1450.4% |
| 2021 | 226.49 % change on previous year | -239.5% |
| 2022 | 67.14 % change on previous year | -70.4% |
| 2023 | 38.7 % change on previous year | -42.4% |
Aruba compared with similar countries
- Aruba's 38.7 % change on previous year is above the median for high income countries, which is 1.31 % change on previous year, 29.6× the median. (71 countries reporting)
- Aruba's 38.7 % change on previous year is above the median for Latin America & Caribbean, which is -6.79 % change on previous year. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -84.15 % change on previous year | -254.13 % change on previous year | 49.04 % change on previous year | 3 |
| 1990s | -48.57 % change on previous year | -285.02 % change on previous year | 116.99 % change on previous year | 9 |
| 2000s | 25.13 % change on previous year | -132 % change on previous year | 191.14 % change on previous year | 9 |
| 2010s | 84 % change on previous year | -172.29 % change on previous year | 683.35 % change on previous year | 10 |
| 2020s | 42.5 % change on previous year | -162.33 % change on previous year | 226.49 % change on previous year | 4 |
Countries ranked near Aruba
- 30 Bhutan 41.39 % change on previous year compare
- 31 Burkina Faso 40.65 % change on previous year compare
- 32 Central African Republic 39.64 % change on previous year compare
- 34 Ireland 37.96 % change on previous year compare
- 35 Indonesia 37.62 % change on previous year compare
- 36 Solomon Islands 36.53 % change on previous year 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 net trade in goods and services (bop, current us$), annual growth rate in Aruba?
- Net trade in goods and services (bop, current us$), annual growth rate in Aruba was 38.7 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Aruba?
- The highest recorded value was 683.35 % change on previous year in 2015.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -285.02 % change on previous year in 1990.
- How does Aruba rank for net trade in goods and services (bop, current us$), annual growth rate?
- Aruba ranks 33rd out of 199 countries with data for 2023.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 128.4%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.