Taxes less subsidies on products (constant LCU), per unit of GDP in Aruba
Aruba: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.2731 constant LCU per US$ of GDP in 2023. ▲ Rising
Taxes less subsidies on products (constant LCU), per unit of GDP in Aruba, 2013–2023
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2023, taxes less subsidies on products (constant lcu), per unit of gdp in Aruba stood at 0.2731 constant LCU per US$ of GDP. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 20.2% on the previous year and up 68.6% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Aruba peaked at 0.2731 constant LCU per US$ of GDP in 2023 and was at its lowest, 0.1561 constant LCU per US$ of GDP, in 2015.
That places Aruba 105th out of 189 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Aruba, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2013 | 0.162 constant LCU per US$ of GDP | — |
| 2014 | 0.162 constant LCU per US$ of GDP | +0.0% |
| 2015 | 0.1561 constant LCU per US$ of GDP | -3.7% |
| 2016 | 0.158 constant LCU per US$ of GDP | +1.2% |
| 2017 | 0.1594 constant LCU per US$ of GDP | +0.9% |
| 2018 | 0.1704 constant LCU per US$ of GDP | +6.9% |
| 2019 | 0.2029 constant LCU per US$ of GDP | +19.1% |
| 2020 | 0.19 constant LCU per US$ of GDP | -6.4% |
| 2021 | 0.2016 constant LCU per US$ of GDP | +6.1% |
| 2022 | 0.2273 constant LCU per US$ of GDP | +12.8% |
| 2023 | 0.2731 constant LCU per US$ of GDP | +20.2% |
Aruba compared with similar countries
- Aruba's 0.2731 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 3.1× the median. (66 countries reporting)
- Aruba's 0.2731 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3169 constant LCU per US$ of GDP, 86% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1673 constant LCU per US$ of GDP | 0.1561 constant LCU per US$ of GDP | 0.2029 constant LCU per US$ of GDP | 7 |
| 2020s | 0.223 constant LCU per US$ of GDP | 0.19 constant LCU per US$ of GDP | 0.2731 constant LCU per US$ of GDP | 4 |
Countries ranked near Aruba
- 102 Hong Kong 0.2932 constant LCU per US$ of GDP compare
- 103 Israel 0.2868 constant LCU per US$ of GDP compare
- 104 Suriname 0.2786 constant LCU per US$ of GDP compare
- 106 Saint Kitts and Nevis 0.2548 constant LCU per US$ of GDP compare
- 107 Turkmenistan 0.2545 constant LCU per US$ of GDP compare
- 108 Belarus 0.2457 constant LCU per US$ of GDP 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), per unit of gdp in Aruba?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Aruba was 0.2731 constant LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Aruba?
- The highest recorded value was 0.2731 constant LCU per US$ of GDP in 2023.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Aruba?
- The lowest recorded value was 0.1561 constant LCU per US$ of GDP in 2015.
- How does Aruba rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Aruba ranks 105th out of 189 countries with data for 2023.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Aruba?
- Over the last ten years it is up 68.6%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.