Service imports (BoP, current US$), annual growth rate in Aruba
Aruba: Service imports (BoP, current US$), annual growth rate was 11.47 % change on previous year in 2023. ◆ Volatile
Service imports (BoP, current US$), annual growth rate in Aruba, 1987–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service imports (bop, current us$), annual growth rate in Aruba is 11.47 % change on previous year, measured in 2023.
That represents a change of down 40.8% on the previous year and up 36.4% over ten years.
Over the whole period, service imports (bop, current us$), annual growth rate in Aruba peaked at 377.13 % change on previous year in 1995 and was at its lowest, -41.1 % change on previous year, in 1998.
That places Aruba 64th out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | 24.2 % change on previous year | — |
| 1988 | 35.77 % change on previous year | +47.8% |
| 1989 | 17.5 % change on previous year | -51.1% |
| 1990 | 34.69 % change on previous year | +98.3% |
| 1991 | 9.57 % change on previous year | -72.4% |
| 1992 | 8.13 % change on previous year | -15.1% |
| 1993 | 5.8 % change on previous year | -28.6% |
| 1994 | 35.22 % change on previous year | +506.9% |
| 1995 | 377.13 % change on previous year | +970.9% |
| 1996 | 64.1 % change on previous year | -83.0% |
| 1997 | 4.73 % change on previous year | -92.6% |
| 1998 | -41.1 % change on previous year | -968.2% |
| 1999 | -39.59 % change on previous year | -3.7% |
| 2000 | -2.91 % change on previous year | -92.7% |
| 2001 | -5.35 % change on previous year | +84.1% |
| 2002 | -0.1093 % change on previous year | -98.0% |
| 2003 | 18.77 % change on previous year | -17274.6% |
| 2004 | -11.28 % change on previous year | -160.1% |
| 2005 | 10.28 % change on previous year | -191.1% |
| 2006 | 6.12 % change on previous year | -40.5% |
| 2007 | 4 % change on previous year | -34.6% |
| 2008 | 1.08 % change on previous year | -73.0% |
| 2009 | -12.76 % change on previous year | -1280.6% |
| 2010 | -1.91 % change on previous year | -85.0% |
| 2011 | 24.14 % change on previous year | -1363.0% |
| 2012 | -2.24 % change on previous year | -109.3% |
| 2013 | 8.4 % change on previous year | -475.4% |
| 2014 | 2.11 % change on previous year | -74.9% |
| 2015 | -3.2 % change on previous year | -251.8% |
| 2016 | -1.22 % change on previous year | -61.8% |
| 2017 | 4.77 % change on previous year | -490.4% |
| 2018 | 14.33 % change on previous year | +200.4% |
| 2019 | -0.9194 % change on previous year | -106.4% |
| 2020 | -24.56 % change on previous year | +2571.4% |
| 2021 | 13.47 % change on previous year | -154.8% |
| 2022 | 19.37 % change on previous year | +43.8% |
| 2023 | 11.47 % change on previous year | -40.8% |
Aruba compared with similar countries
- Aruba's 11.47 % change on previous year is above the median for high income countries, which is 8.38 % change on previous year, 1.4× the median. (71 countries reporting)
- Aruba's 11.47 % change on previous year is above the median for Latin America & Caribbean, which is 4.29 % change on previous year, 2.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), annual growth rate in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +17274.6% | -0.1093 % change on previous year | 18.77 % change on previous year |
| 2020 | -2571.4% | -0.9194 % change on previous year | -24.56 % change on previous year |
| 2011 | +1363.0% | -1.91 % change on previous year | 24.14 % change on previous year |
| 2009 | -1280.6% | 1.08 % change on previous year | -12.76 % change on previous year |
| 1995 | +970.9% | 35.22 % change on previous year | 377.13 % change on previous year |
| 1998 | -968.2% | 4.73 % change on previous year | -41.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.82 % change on previous year | 17.5 % change on previous year | 35.77 % change on previous year | 3 |
| 1990s | 45.87 % change on previous year | -41.1 % change on previous year | 377.13 % change on previous year | 10 |
| 2000s | 0.7831 % change on previous year | -12.76 % change on previous year | 18.77 % change on previous year | 10 |
| 2010s | 4.43 % change on previous year | -3.2 % change on previous year | 24.14 % change on previous year | 10 |
| 2020s | 4.94 % change on previous year | -24.56 % change on previous year | 19.37 % change on previous year | 4 |
Countries ranked near Aruba
- 61 Bosnia and Herzegovina 11.83 % change on previous year compare
- 62 Czechia 11.66 % change on previous year compare
- 63 Cote d'Ivoire 11.57 % change on previous year compare
- 65 Ireland 11.45 % change on previous year compare
- 66 Algeria 11.23 % change on previous year compare
- 67 Honduras 10.48 % change on previous year compare
More economy & growth data for Aruba
- General government final consumption expenditure (current US$), per 0.1791 current US$ per US$ of GDP (2024)
- Gross capital formation (current LCU), per unit of GDP 0.4608 current LCU per US$ of GDP (2024)
- 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)
- General government final consumption expenditure (current LCU) -4.86 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 12,373 current LCU per person (2024)
- General government final consumption expenditure (current LCU), per 0.3206 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 17,784 current LCU per person (2024)
Frequently asked questions
- What is service imports (bop, current us$), annual growth rate in Aruba?
- Service imports (bop, current us$), annual growth rate in Aruba was 11.47 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), annual growth rate recorded in Aruba?
- The highest recorded value was 377.13 % change on previous year in 1995.
- What is the lowest service imports (bop, current us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -41.1 % change on previous year in 1998.
- How does Aruba rank for service imports (bop, current us$), annual growth rate?
- Aruba ranks 64th out of 199 countries with data for 2023.
- Is service imports (bop, current us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 36.4%. 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 imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service imports 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 imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.