PPP conversion factor, GDP in Aruba
Aruba: PPP conversion factor, GDP was 1.34 LCU per international $ in 2024. ▲ Rising
PPP conversion factor, GDP in Aruba, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2024, ppp conversion factor, gdp in Aruba stood at 1.34 LCU per international $.
The figure is up 1.6% on the previous year and up 1.8% over ten years.
Over the whole period, ppp conversion factor, gdp in Aruba peaked at 1.42 LCU per international $ in 2019 and was at its lowest, 0.9234 LCU per international $, in 1990.
That places Aruba 142nd out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
PPP conversion factor, GDP in Aruba, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 0.9234 LCU per international $ | — |
| 1991 | 0.9433 LCU per international $ | +2.2% |
| 1992 | 0.9576 LCU per international $ | +1.5% |
| 1993 | 0.985 LCU per international $ | +2.9% |
| 1994 | 1.03 LCU per international $ | +4.1% |
| 1995 | 1.04 LCU per international $ | +1.3% |
| 1996 | 1.05 LCU per international $ | +1.4% |
| 1997 | 1.07 LCU per international $ | +1.9% |
| 1998 | 1.13 LCU per international $ | +5.4% |
| 1999 | 1.14 LCU per international $ | +0.8% |
| 2000 | 1.13 LCU per international $ | -1.2% |
| 2001 | 1.16 LCU per international $ | +3.3% |
| 2002 | 1.2 LCU per international $ | +2.8% |
| 2003 | 1.21 LCU per international $ | +1.1% |
| 2004 | 1.21 LCU per international $ | +0.1% |
| 2005 | 1.23 LCU per international $ | +1.9% |
| 2006 | 1.24 LCU per international $ | +0.4% |
| 2007 | 1.27 LCU per international $ | +2.4% |
| 2008 | 1.3 LCU per international $ | +2.3% |
| 2009 | 1.31 LCU per international $ | +1.1% |
| 2010 | 1.28 LCU per international $ | -2.4% |
| 2011 | 1.3 LCU per international $ | +1.9% |
| 2012 | 1.32 LCU per international $ | +1.2% |
| 2013 | 1.29 LCU per international $ | -2.4% |
| 2014 | 1.31 LCU per international $ | +1.9% |
| 2015 | 1.37 LCU per international $ | +4.2% |
| 2016 | 1.36 LCU per international $ | -0.5% |
| 2017 | 1.36 LCU per international $ | -0.2% |
| 2018 | 1.37 LCU per international $ | +1.0% |
| 2019 | 1.42 LCU per international $ | +3.8% |
| 2020 | 1.41 LCU per international $ | -0.8% |
| 2021 | 1.36 LCU per international $ | -3.4% |
| 2022 | 1.33 LCU per international $ | -2.8% |
| 2023 | 1.31 LCU per international $ | -0.8% |
| 2024 | 1.34 LCU per international $ | +1.6% |
Aruba compared with similar countries
- Aruba's 1.34 LCU per international $ is above the median for high income countries, which is 1 LCU per international $, 1.3× the median. (75 countries reporting)
- Aruba's 1.34 LCU per international $ is below the median for Latin America & Caribbean, which is 1.86 LCU per international $, 72% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.03 LCU per international $ | 0.9234 LCU per international $ | 1.14 LCU per international $ | 10 |
| 2000s | 1.22 LCU per international $ | 1.13 LCU per international $ | 1.31 LCU per international $ | 10 |
| 2010s | 1.34 LCU per international $ | 1.28 LCU per international $ | 1.42 LCU per international $ | 10 |
| 2020s | 1.35 LCU per international $ | 1.31 LCU per international $ | 1.41 LCU per international $ | 5 |
Countries ranked near Aruba
- 139 Tuvalu 1.39 LCU per international $ compare
- 140 Sint Maarten (Dutch part) 1.36 LCU per international $ compare
- 141 Malaysia 1.36 LCU per international $ compare
- 143 Dominica 1.31 LCU per international $ compare
- 144 Curacao 1.25 LCU per international $ compare
- 145 Bermuda 1.2 LCU per international $ 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 ppp conversion factor, gdp in Aruba?
- Ppp conversion factor, gdp in Aruba was 1.34 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Aruba?
- The highest recorded value was 1.42 LCU per international $ in 2019.
- What is the lowest ppp conversion factor, gdp recorded in Aruba?
- The lowest recorded value was 0.9234 LCU per international $ in 1990.
- How does Aruba rank for ppp conversion factor, gdp?
- Aruba ranks 142nd out of 205 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in Aruba?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.