Taxes less subsidies on products (constant LCU), annual growth rate in Aruba
Aruba: Taxes less subsidies on products (constant LCU), annual growth rate was 35.33 % change on previous year in 2023. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Aruba, 2014–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Aruba recorded 35.33 % change on previous year for taxes less subsidies on products (constant lcu), annual growth rate in 2023. That is the highest value across all 10 years on record.
The figure is up 18.4% on the previous year and up 1,424.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Aruba peaked at 35.33 % change on previous year in 2023 and was at its lowest, -31.18 % change on previous year, in 2020.
That places Aruba 7th out of 188 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2014 | 2.32 % change on previous year | — |
| 2015 | 2.28 % change on previous year | -1.5% |
| 2016 | 1.94 % change on previous year | -15.0% |
| 2017 | 4.53 % change on previous year | +133.6% |
| 2018 | 13.25 % change on previous year | +192.5% |
| 2019 | 21.71 % change on previous year | +63.9% |
| 2020 | -31.18 % change on previous year | -243.6% |
| 2021 | 24.57 % change on previous year | -178.8% |
| 2022 | 29.83 % change on previous year | +21.4% |
| 2023 | 35.33 % change on previous year | +18.4% |
Aruba compared with similar countries
- Aruba's 35.33 % change on previous year is above the median for high income countries, which is 2.19 % change on previous year, 16.1× the median. (66 countries reporting)
- Aruba's 35.33 % change on previous year is above the median for Latin America & Caribbean, which is 2.7 % change on previous year, 13.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.67 % change on previous year | 1.94 % change on previous year | 21.71 % change on previous year | 6 |
| 2020s | 14.64 % change on previous year | -31.18 % change on previous year | 35.33 % change on previous year | 4 |
Countries ranked near Aruba
- 4 East Timor 42.54 % change on previous year compare
- 5 Trinidad and Tobago 36.29 % change on previous year compare
- 6 Micronesia (country) 35.77 % change on previous year compare
- 8 Hong Kong 29.88 % change on previous year compare
- 9 Niger 28.7 % change on previous year compare
- 10 Ethiopia 28.12 % change on previous year compare
More economy & growth data for Aruba
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (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)
- Gross national expenditure (current LCU), annual growth rate 9.8 % change on previous year (2024)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (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 taxes less subsidies on products (constant lcu), annual growth rate in Aruba?
- Taxes less subsidies on products (constant lcu), annual growth rate in Aruba was 35.33 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Aruba?
- The highest recorded value was 35.33 % change on previous year in 2023.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Aruba?
- The lowest recorded value was -31.18 % change on previous year in 2020.
- How does Aruba rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Aruba ranks 7th out of 188 countries with data for 2023.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 1,424.7%. 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 Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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 Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.