Personal remittances, received (current US$) (Personal IMF balance) in Aruba
Aruba: Personal remittances, received (current US$) (Personal IMF balance) was 38.96 million current US$ in 2023. ◆ Volatile
Personal remittances, received in Aruba, 1991–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, received in Aruba is 38.96 million current US$, measured in 2023.
The figure is up 1.8% on the previous year and down 33.0% over ten years.
Over the whole period, personal remittances, received in Aruba peaked at 58.63 million current US$ in 2014 and was at its lowest, 273,743 current US$, in 2003.
That places Aruba 174th out of 197 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$) (Personal IMF balance) in Aruba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1991 | 2.57 million current US$ | — |
| 1992 | 2.63 million current US$ | +2.2% |
| 1993 | 3.35 million current US$ | +27.7% |
| 1994 | 3.91 million current US$ | +16.7% |
| 1995 | 1.34 million current US$ | -65.7% |
| 1996 | 1.62 million current US$ | +20.8% |
| 1997 | 1.84 million current US$ | +13.8% |
| 1998 | 1.62 million current US$ | -12.1% |
| 1999 | 608,939 current US$ | -62.4% |
| 2000 | 1.08 million current US$ | +78.0% |
| 2001 | 1.34 million current US$ | +23.2% |
| 2002 | 1.33 million current US$ | -0.4% |
| 2003 | 273,743 current US$ | -79.4% |
| 2004 | 1.46 million current US$ | +432.7% |
| 2005 | 819,846 current US$ | -43.8% |
| 2006 | 1.04 million current US$ | +26.4% |
| 2007 | 5.20 million current US$ | +401.4% |
| 2008 | 6.76 million current US$ | +30.1% |
| 2009 | 9.05 million current US$ | +33.9% |
| 2010 | 4.97 million current US$ | -45.1% |
| 2011 | 5.31 million current US$ | +6.7% |
| 2012 | 4.86 million current US$ | -8.4% |
| 2013 | 58.15 million current US$ | +1096.4% |
| 2014 | 58.63 million current US$ | +0.8% |
| 2015 | 53.64 million current US$ | -8.5% |
| 2016 | 52.68 million current US$ | -1.8% |
| 2017 | 56.14 million current US$ | +6.6% |
| 2018 | 36.92 million current US$ | -34.2% |
| 2019 | 34.26 million current US$ | -7.2% |
| 2020 | 34.98 million current US$ | +2.1% |
| 2021 | 35.85 million current US$ | +2.5% |
| 2022 | 38.28 million current US$ | +6.8% |
| 2023 | 38.96 million current US$ | +1.8% |
Aruba compared with similar countries
- Aruba's 38.96 million current US$ is below the median for high income countries, which is 844.01 million current US$, 5% of the median. (69 countries reporting)
- Aruba's 38.96 million current US$ is below the median for Latin America & Caribbean, which is 545.58 million current US$, 7% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$) (Personal IMF balance) 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 | +1096.4% | 4.86 million current US$ | 58.15 million current US$ |
| 2004 | +432.7% | 273,743 current US$ | 1.46 million current US$ |
| 2007 | +401.4% | 1.04 million current US$ | 5.20 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.17 million current US$ | 608,939 current US$ | 3.91 million current US$ | 9 |
| 2000s | 2.83 million current US$ | 273,743 current US$ | 9.05 million current US$ | 10 |
| 2010s | 36.56 million current US$ | 4.86 million current US$ | 58.63 million current US$ | 10 |
| 2020s | 37.02 million current US$ | 34.98 million current US$ | 38.96 million current US$ | 4 |
Countries ranked near Aruba
- 171 Saint Kitts and Nevis 39.72 million current US$ compare
- 172 Dominica 39.63 million current US$ compare
- 173 Oman 39.01 million current US$ compare
- 175 Eswatini 38.69 million current US$ compare
- 176 Sao Tome and Principe 35.91 million current US$ compare
- 177 San Marino 24.15 million current US$ 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 personal remittances, received in Aruba?
- Personal remittances, received in Aruba was 38.96 million current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Aruba?
- The highest recorded value was 58.63 million current US$ in 2014.
- What is the lowest personal remittances, received recorded in Aruba?
- The lowest recorded value was 273,743 current US$ in 2003.
- How does Aruba rank for personal remittances, received?
- Aruba ranks 174th out of 197 countries with data for 2023.
- Is personal remittances, received rising or falling in Aruba?
- Over the last ten years it is down 33.0%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.