Service exports (BoP, current US$), annual growth rate in Aruba
Aruba: Service exports (BoP, current US$), annual growth rate was 12.89 % change on previous year in 2023. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Aruba, 1987–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, service exports (bop, current us$), annual growth rate in Aruba stood at 12.89 % change on previous year.
That represents a change of down 53.0% on the previous year and up 85.1% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Aruba peaked at 63.35 % change on previous year in 2000 and was at its lowest, -44.19 % change on previous year, in 2020.
Aruba ranks 61st of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | 19.91 % change on previous year | — |
| 1988 | 25.43 % change on previous year | +27.7% |
| 1989 | 7.71 % change on previous year | -69.7% |
| 1990 | 16.98 % change on previous year | +120.3% |
| 1991 | 15.01 % change on previous year | -11.6% |
| 1992 | 20.84 % change on previous year | +38.9% |
| 1993 | 5.76 % change on previous year | -72.4% |
| 1994 | 3.34 % change on previous year | -42.0% |
| 1995 | 3.52 % change on previous year | +5.3% |
| 1996 | 19.27 % change on previous year | +447.9% |
| 1997 | 5.89 % change on previous year | -69.5% |
| 1998 | 9.35 % change on previous year | +58.9% |
| 1999 | 8.45 % change on previous year | -9.6% |
| 2000 | 63.35 % change on previous year | +649.6% |
| 2001 | 15.52 % change on previous year | -75.5% |
| 2002 | -32.93 % change on previous year | -312.1% |
| 2003 | 31.18 % change on previous year | -194.7% |
| 2004 | -22 % change on previous year | -170.6% |
| 2005 | 4.35 % change on previous year | -119.8% |
| 2006 | 0.1101 % change on previous year | -97.5% |
| 2007 | 12.37 % change on previous year | +11136.9% |
| 2008 | 8.96 % change on previous year | -27.6% |
| 2009 | -4.04 % change on previous year | -145.1% |
| 2010 | 1.42 % change on previous year | -135.1% |
| 2011 | 7.75 % change on previous year | +445.6% |
| 2012 | 4.83 % change on previous year | -37.7% |
| 2013 | 6.97 % change on previous year | +44.3% |
| 2014 | 8.42 % change on previous year | +20.8% |
| 2015 | 3.39 % change on previous year | -59.7% |
| 2016 | -2.48 % change on previous year | -173.1% |
| 2017 | 5.37 % change on previous year | -316.6% |
| 2018 | 9.25 % change on previous year | +72.3% |
| 2019 | 2.49 % change on previous year | -73.1% |
| 2020 | -44.19 % change on previous year | -1876.1% |
| 2021 | 53.17 % change on previous year | -220.3% |
| 2022 | 27.41 % change on previous year | -48.5% |
| 2023 | 12.89 % change on previous year | -53.0% |
Aruba compared with similar countries
- Aruba's 12.89 % change on previous year is above the median for high income countries, which is 8.45 % change on previous year, 1.5× the median. (71 countries reporting)
- Aruba's 12.89 % change on previous year is above the median for Latin America & Caribbean, which is 4.73 % change on previous year, 2.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +11136.9% | 0.1101 % change on previous year | 12.37 % change on previous year |
| 2020 | -1876.1% | 2.49 % change on previous year | -44.19 % change on previous year |
| 2000 | +649.6% | 8.45 % change on previous year | 63.35 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.68 % change on previous year | 7.71 % change on previous year | 25.43 % change on previous year | 3 |
| 1990s | 10.84 % change on previous year | 3.34 % change on previous year | 20.84 % change on previous year | 10 |
| 2000s | 7.69 % change on previous year | -32.93 % change on previous year | 63.35 % change on previous year | 10 |
| 2010s | 4.74 % change on previous year | -2.48 % change on previous year | 9.25 % change on previous year | 10 |
| 2020s | 12.32 % change on previous year | -44.19 % change on previous year | 53.17 % change on previous year | 4 |
Countries ranked near Aruba
- 58 Cape Verde 13.19 % change on previous year compare
- 59 Brunei 13.07 % change on previous year compare
- 60 Kenya 13.03 % change on previous year compare
- 62 Maldives 12.83 % change on previous year compare
- 63 Bermuda 12.77 % change on previous year compare
- 64 Slovenia 12.71 % change on previous year compare
More economy & growth data for Aruba
- General government final consumption expenditure (current US$) -4.86 % change on previous year (2024)
- Gross capital formation (current LCU), annual growth rate 55.81 % change on previous year (2024)
- Gross capital formation (current US$), per capita 9,935 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.3938 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate 55.81 % change on previous year (2024)
- Total reserves minus gold (current US$), per capita 16,497 current US$ per person (2025)
- Exports of goods and services (current LCU), per capita 59,385 current LCU per person (2024)
- General government final consumption expenditure (current LCU) -4.86 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.54 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Aruba?
- Service exports (bop, current us$), annual growth rate in Aruba was 12.89 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Aruba?
- The highest recorded value was 63.35 % change on previous year in 2000.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -44.19 % change on previous year in 2020.
- How does Aruba rank for service exports (bop, current us$), annual growth rate?
- Aruba ranks 61st out of 199 countries with data for 2023.
- Is service exports (bop, current us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 85.1%. 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 Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports 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 Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.