Service exports (BoP, current US$) in Aruba
Aruba: Service exports (BoP, current US$) was 2.99 billion BoP, current US$ in 2023. ◆ Volatile
Service exports in Aruba, 1986–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Aruba recorded 2.99 billion BoP, current US$ for service exports in 2023. That is the highest value across all 38 years on record.
Compared with earlier readings it is up 12.9% on the previous year and up 58.6% over ten years.
Over the whole period, service exports in Aruba peaked at 2.99 billion BoP, current US$ in 2023 and was at its lowest, 216.87 million BoP, current US$, in 1986.
That places Aruba 112th out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$) in Aruba, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | 216.87 million BoP, current US$ | — |
| 1987 | 260.06 million BoP, current US$ | +19.9% |
| 1988 | 326.20 million BoP, current US$ | +25.4% |
| 1989 | 351.34 million BoP, current US$ | +7.7% |
| 1990 | 411.01 million BoP, current US$ | +17.0% |
| 1991 | 472.68 million BoP, current US$ | +15.0% |
| 1992 | 571.17 million BoP, current US$ | +20.8% |
| 1993 | 604.08 million BoP, current US$ | +5.8% |
| 1994 | 624.25 million BoP, current US$ | +3.3% |
| 1995 | 646.20 million BoP, current US$ | +3.5% |
| 1996 | 770.73 million BoP, current US$ | +19.3% |
| 1997 | 816.09 million BoP, current US$ | +5.9% |
| 1998 | 892.40 million BoP, current US$ | +9.4% |
| 1999 | 967.82 million BoP, current US$ | +8.5% |
| 2000 | 1.58 billion BoP, current US$ | +63.3% |
| 2001 | 1.83 billion BoP, current US$ | +15.5% |
| 2002 | 1.22 billion BoP, current US$ | -32.9% |
| 2003 | 1.61 billion BoP, current US$ | +31.2% |
| 2004 | 1.25 billion BoP, current US$ | -22.0% |
| 2005 | 1.31 billion BoP, current US$ | +4.3% |
| 2006 | 1.31 billion BoP, current US$ | +0.1% |
| 2007 | 1.47 billion BoP, current US$ | +12.4% |
| 2008 | 1.60 billion BoP, current US$ | +9.0% |
| 2009 | 1.54 billion BoP, current US$ | -4.0% |
| 2010 | 1.56 billion BoP, current US$ | +1.4% |
| 2011 | 1.68 billion BoP, current US$ | +7.7% |
| 2012 | 1.76 billion BoP, current US$ | +4.8% |
| 2013 | 1.88 billion BoP, current US$ | +7.0% |
| 2014 | 2.04 billion BoP, current US$ | +8.4% |
| 2015 | 2.11 billion BoP, current US$ | +3.4% |
| 2016 | 2.06 billion BoP, current US$ | -2.5% |
| 2017 | 2.17 billion BoP, current US$ | +5.4% |
| 2018 | 2.37 billion BoP, current US$ | +9.3% |
| 2019 | 2.43 billion BoP, current US$ | +2.5% |
| 2020 | 1.36 billion BoP, current US$ | -44.2% |
| 2021 | 2.08 billion BoP, current US$ | +53.2% |
| 2022 | 2.65 billion BoP, current US$ | +27.4% |
| 2023 | 2.99 billion BoP, current US$ | +12.9% |
Aruba compared with similar countries
- Aruba's 2.99 billion BoP, current US$ is below the median for high income countries, which is 24.69 billion BoP, current US$, 12% of the median. (72 countries reporting)
- Aruba's 2.99 billion BoP, current US$ is above the median for Latin America & Caribbean, which is 2.99 billion BoP, current US$, 1.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$) 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 |
|---|---|---|---|
| 2000 | +63.3% | 967.82 million BoP, current US$ | 1.58 billion BoP, current US$ |
| 2020 | -44.2% | 2.43 billion BoP, current US$ | 1.36 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 288.62 million BoP, current US$ | 216.87 million BoP, current US$ | 351.34 million BoP, current US$ | 4 |
| 1990s | 677.64 million BoP, current US$ | 411.01 million BoP, current US$ | 967.82 million BoP, current US$ | 10 |
| 2000s | 1.47 billion BoP, current US$ | 1.22 billion BoP, current US$ | 1.83 billion BoP, current US$ | 10 |
| 2010s | 2.01 billion BoP, current US$ | 1.56 billion BoP, current US$ | 2.43 billion BoP, current US$ | 10 |
| 2020s | 2.27 billion BoP, current US$ | 1.36 billion BoP, current US$ | 2.99 billion BoP, current US$ | 4 |
Countries ranked near Aruba
- 109 Kyrgyzstan 3.32 billion BoP, current US$ compare
- 110 Moldova 3.22 billion BoP, current US$ compare
- 111 Montenegro 3.07 billion BoP, current US$ compare
- 113 Uganda 2.75 billion BoP, current US$ compare
- 114 Fiji 2.12 billion BoP, current US$ compare
- 115 Bermuda 1.96 billion BoP, 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 service exports in Aruba?
- Service exports in Aruba was 2.99 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Aruba?
- The highest recorded value was 2.99 billion BoP, current US$ in 2023.
- What is the lowest service exports recorded in Aruba?
- The lowest recorded value was 216.87 million BoP, current US$ in 1986.
- How does Aruba rank for service exports?
- Aruba ranks 112th out of 200 countries with data for 2023.
- Is service exports rising or falling in Aruba?
- Over the last ten years it is up 58.6%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.