Services, value added (constant 2015 US$), annual growth rate (2015) in Aruba
Aruba: Services, value added (constant 2015 US$), annual growth rate (2015) was 6.01 % change on previous year in 2023. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Aruba, 2014–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Aruba recorded 6.01 % change on previous year for services, value added (constant 2015 us$), annual growth rate in 2023.
That represents a change of down 29.5% on the previous year and up 290.7% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Aruba peaked at 15.06 % change on previous year in 2021 and was at its lowest, -23.83 % change on previous year, in 2020.
Aruba ranks 35th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate (2015) in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2014 | 1.54 % change on previous year | — |
| 2015 | 2.98 % change on previous year | +94.0% |
| 2016 | 0.644 % change on previous year | -78.4% |
| 2017 | 2.85 % change on previous year | +342.1% |
| 2018 | 2.46 % change on previous year | -13.5% |
| 2019 | -1.16 % change on previous year | -147.1% |
| 2020 | -23.83 % change on previous year | +1952.8% |
| 2021 | 15.06 % change on previous year | -163.2% |
| 2022 | 8.52 % change on previous year | -43.4% |
| 2023 | 6.01 % change on previous year | -29.5% |
Aruba compared with similar countries
- Aruba's 6.01 % change on previous year is above the median for high income countries, which is 2.15 % change on previous year, 2.8× the median. (69 countries reporting)
- Aruba's 6.01 % change on previous year is above the median for Latin America & Caribbean, which is 3.32 % change on previous year, 1.8× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.55 % change on previous year | -1.16 % change on previous year | 2.98 % change on previous year | 6 |
| 2020s | 1.44 % change on previous year | -23.83 % change on previous year | 15.06 % change on previous year | 4 |
Countries ranked near Aruba
- 32 Kiribati 6.22 % change on previous year compare
- 33 Honduras 6.19 % change on previous year compare
- 34 Eswatini 6.17 % change on previous year compare
- 36 Tanzania 5.83 % change on previous year compare
- 37 Philippines 5.82 % change on previous year compare
- 38 Albania 5.7 % change on previous year compare
More economy & growth data for Aruba
- Exports of goods and services (current LCU), per unit of GDP 1.54 current LCU per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate 55.81 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0248 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 956.07 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 17.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4564 includes gold, current US$ per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 59,385 current LCU per person (2024)
- Total reserves minus gold (current US$), annual growth rate 9.34 % change on previous year (2025)
- Exports of goods and services (current US$), per unit of GDP 0.8597 current US$ per US$ of GDP (2024)
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Aruba?
- Services, value added (constant 2015 us$), annual growth rate in Aruba was 6.01 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Aruba?
- The highest recorded value was 15.06 % change on previous year in 2021.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -23.83 % change on previous year in 2020.
- How does Aruba rank for services, value added (constant 2015 us$), annual growth rate?
- Aruba ranks 35th out of 195 countries with data for 2023.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 290.7%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.