Services, value added (constant LCU), annual growth rate in Aruba
Aruba: Services, value added (constant LCU), annual growth rate was 6.01 % change on previous year in 2023. ◆ Volatile
Services, value added (constant LCU), 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 lcu), annual growth rate in 2023.
That represents a change of down 29.5% on the previous year and up 290.8% over ten years.
Over the whole period, services, value added (constant lcu), 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 196 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 LCU), annual growth rate 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 | 0.6441 % 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 | +1952.5% |
| 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% |
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, United Republic of 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
- Industry (including construction), value added (current US$), per 0.1084 current US$ per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), per 6,770 current LCU per person (2023)
- Industry (including construction), value added (current LCU), per 0.194 current LCU per US$ of GDP (2023)
- Manufacturing, value added (current LCU), per unit of GDP 0.0422 current LCU per US$ of GDP (2023)
- Industry (including construction), value added (current LCU), annual 25.46 % change on previous year (2023)
- Industry (including construction), value added (current US$), per 3,782 current US$ per person (2023)
- Manufacturing, value added (constant LCU), per capita 1,589 constant LCU per person (2023)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.033 constant 2015 US$ per US$ of GDP (2023)
- Manufacturing, value added (constant 2015 US$), per capita 1,152 constant 2015 US$ per person (2023)
- Industry (including construction), value added (constant 2015 US$) 0.625 % change on previous year (2023)
Frequently asked questions
- What is services, value added (constant lcu), annual growth rate in Aruba?
- Services, value added (constant lcu), 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 lcu), 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 lcu), 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 lcu), annual growth rate?
- Aruba ranks 35th out of 196 countries with data for 2023.
- Is services, value added (constant lcu), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 290.8%. 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 LCU), 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 LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.