Personal remittances, received in Aruba
Aruba: Personal remittances, received was 1.0% in 2023. ◆ Volatile
Personal remittances, received in Aruba, 1991–2023
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Aruba is 1.0%, measured in 2023.
That represents a change of down 9.6% on the previous year and down 51.2% over ten years.
Over the whole period, personal remittances, received in Aruba peaked at 2.1% in 2013 and was at its lowest, 0.0%, in 2003.
Aruba ranks 129th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Aruba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 0.3% | — |
| 1992 | 0.3% | -7.1% |
| 1993 | 0.3% | +13.0% |
| 1994 | 0.3% | +1.4% |
| 1995 | 0.1% | -67.7% |
| 1996 | 0.1% | +15.6% |
| 1997 | 0.1% | +2.5% |
| 1998 | 0.1% | -19.2% |
| 1999 | 0.0% | -63.7% |
| 2000 | 0.1% | +63.7% |
| 2001 | 0.1% | +21.7% |
| 2002 | 0.1% | -3.7% |
| 2003 | 0.0% | -80.2% |
| 2004 | 0.1% | +382.9% |
| 2005 | 0.0% | -46.3% |
| 2006 | 0.0% | +20.8% |
| 2007 | 0.2% | +362.5% |
| 2008 | 0.2% | +22.5% |
| 2009 | 0.4% | +49.0% |
| 2010 | 0.2% | -42.8% |
| 2011 | 0.2% | -0.7% |
| 2012 | 0.2% | -7.6% |
| 2013 | 2.1% | +1047.0% |
| 2014 | 2.1% | -1.4% |
| 2015 | 1.8% | -13.8% |
| 2016 | 1.8% | -2.5% |
| 2017 | 1.8% | +2.8% |
| 2018 | 1.1% | -37.9% |
| 2019 | 1.0% | -9.2% |
| 2020 | 1.4% | +38.9% |
| 2021 | 1.2% | -12.7% |
| 2022 | 1.2% | -7.3% |
| 2023 | 1.0% | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2% | 0.0% | 0.3% | 9 |
| 2000s | 0.1% | 0.0% | 0.4% | 10 |
| 2010s | 1.2% | 0.2% | 2.1% | 10 |
| 2020s | 1.2% | 1.0% | 1.4% | 4 |
Countries ranked near Aruba
- 126 Mozambique 1.2% compare
- 127 Estonia 1.1% compare
- 128 San Marino 1.1% compare
- 130 Antigua and Barbuda 0.9% compare
- 131 Poland 0.9% compare
- 132 Mauritania 0.9% compare
More economy & growth data for Aruba
- Industry (including construction), value added (current LCU), annual 25.46 % change on previous year (2023)
- Industry (including construction), value added (constant 2015 US$) 0.1014 constant 2015 US$ per US$ of GDP (2023)
- Industry (including construction), value added (constant 2015 US$) 0.625 % change on previous year (2023)
- Industry (including construction), value added (current LCU), per 6,770 current LCU per person (2023)
- Industry (including construction), value added (current LCU), per 0.194 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current US$), per 0.1084 current US$ per US$ of GDP (2023)
- Manufacturing, value added (constant LCU), per capita 1,589 constant LCU per person (2023)
- Industry (including construction), value added (current US$), annual 25.46 % change on previous year (2023)
- Services, value added (current US$), per capita 26,620 current US$ per person (2023)
- Industry (including construction), value added (current US$), per 3,782 current US$ per person (2023)
Frequently asked questions
- What is personal remittances, received in Aruba?
- Personal remittances, received in Aruba was 1.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Aruba?
- The highest recorded value was 2.1% in 2013.
- What is the lowest personal remittances, received recorded in Aruba?
- The lowest recorded value was 0.0% in 2003.
- How does Aruba rank for personal remittances, received?
- Aruba ranks 129th out of 195 countries with data for 2023.
- Is personal remittances, received rising or falling in Aruba?
- Over the last ten years it is down 51.2%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.