Ppp conversion factor for private consumption in Aruba
Aruba: Ppp conversion factor for private consumption was 1.51 in 2021. ▲ Rising
Latest (2021)
1.51
Change on year
down 2.7%
World rank
138th
of 204 countries
All-time high
1.64
in 2008
All-time low
1.33
in 1990
Years of data
32
1990–2021
Ppp conversion factor for private consumption in Aruba, 1990–2021
Source: Our World in Data.
Analysis
In 2021, ppp conversion factor for private consumption in Aruba stood at 1.51.
The figure is down 2.7% on the previous year and down 7.6% over ten years.
Over the whole period, ppp conversion factor for private consumption in Aruba peaked at 1.64 in 2008 and was at its lowest, 1.33, in 1990.
Aruba ranks 138th of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Ppp conversion factor for private consumption in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 1.33 | — |
| 1991 | 1.35 | +1.3% |
| 1992 | 1.36 | +0.8% |
| 1993 | 1.39 | +2.2% |
| 1994 | 1.44 | +3.6% |
| 1995 | 1.45 | +0.5% |
| 1996 | 1.45 | +0.3% |
| 1997 | 1.46 | +0.6% |
| 1998 | 1.47 | +0.3% |
| 1999 | 1.47 | +0.1% |
| 2000 | 1.48 | +0.6% |
| 2001 | 1.48 | +0.1% |
| 2002 | 1.5 | +1.7% |
| 2003 | 1.52 | +1.4% |
| 2004 | 1.52 | -0.1% |
| 2005 | 1.52 | +0.0% |
| 2006 | 1.53 | +0.4% |
| 2007 | 1.56 | +2.5% |
| 2008 | 1.64 | +4.9% |
| 2009 | 1.61 | -1.8% |
| 2010 | 1.62 | +0.4% |
| 2011 | 1.64 | +1.1% |
| 2012 | 1.55 | -5.3% |
| 2013 | 1.53 | -1.5% |
| 2014 | 1.53 | +0.2% |
| 2015 | 1.56 | +1.7% |
| 2016 | 1.53 | -1.6% |
| 2017 | 1.52 | -0.6% |
| 2018 | 1.55 | +2.1% |
| 2019 | 1.61 | +3.5% |
| 2020 | 1.56 | -3.1% |
| 2021 | 1.51 | -2.7% |
Aruba compared with similar countries
- Aruba's 1.51 is above the median for high income countries, which is 1.11, 1.4× the median. (77 countries reporting)
- Aruba's 1.51 is below the median for Latin America & Caribbean, which is 2.39, 63% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.42 | 1.33 | 1.47 | 10 |
| 2000s | 1.54 | 1.48 | 1.64 | 10 |
| 2010s | 1.56 | 1.52 | 1.64 | 10 |
| 2020s | 1.53 | 1.51 | 1.56 | 2 |
Countries ranked near Aruba
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 ppp conversion factor for private consumption in Aruba?
- Ppp conversion factor for private consumption in Aruba was 1.51 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Aruba?
- The highest recorded value was 1.64 in 2008.
- What is the lowest ppp conversion factor for private consumption recorded in Aruba?
- The lowest recorded value was 1.33 in 1990.
- How does Aruba rank for ppp conversion factor for private consumption?
- Aruba ranks 138th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Aruba?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
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