Taxes less subsidies on products in Aruba
Aruba: Taxes less subsidies on products was 1.02 billion constant LCU in 2023. ▲ Rising
Taxes less subsidies on products in Aruba, 2013–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2023, taxes less subsidies on products in Aruba stood at 1.02 billion constant LCU. That is the highest value across all 11 years on record.
That represents a change of up 35.3% on the previous year and up 131.5% over ten years.
Over the whole period, taxes less subsidies on products in Aruba peaked at 1.02 billion constant LCU in 2023 and was at its lowest, 441.98 million constant LCU, in 2013.
Aruba ranks 151st of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes less subsidies on products in Aruba, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2013 | 441.98 million constant LCU | — |
| 2014 | 452.22 million constant LCU | +2.3% |
| 2015 | 462.54 million constant LCU | +2.3% |
| 2016 | 471.51 million constant LCU | +1.9% |
| 2017 | 492.87 million constant LCU | +4.5% |
| 2018 | 558.18 million constant LCU | +13.3% |
| 2019 | 679.38 million constant LCU | +21.7% |
| 2020 | 467.55 million constant LCU | -31.2% |
| 2021 | 582.41 million constant LCU | +24.6% |
| 2022 | 756.14 million constant LCU | +29.8% |
| 2023 | 1.02 billion constant LCU | +35.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 508.38 million constant LCU | 441.98 million constant LCU | 679.38 million constant LCU | 7 |
| 2020s | 707.35 million constant LCU | 467.55 million constant LCU | 1.02 billion constant LCU | 4 |
Countries ranked near Aruba
More economy & growth data for Aruba
- GNI (current US$), annual growth rate 14.87 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 28.29 % change on previous year (2024)
- GNI (current LCU), per capita 65,326 current LCU per person (2024)
- GNI (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2024)
- GNI (current LCU), annual growth rate 14.87 % change on previous year (2024)
- GNI (current US$), per capita 36,495 current US$ per person (2024)
- GNI (current US$), per unit of GDP 0.9457 current US$ per US$ of GDP (2024)
- Gross domestic savings (current LCU), per unit of GDP 0.59 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 22,767 current LCU per person (2024)
Frequently asked questions
- What is taxes less subsidies on products in Aruba?
- Taxes less subsidies on products in Aruba was 1.02 billion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Aruba?
- The highest recorded value was 1.02 billion constant LCU in 2023.
- What is the lowest taxes less subsidies on products recorded in Aruba?
- The lowest recorded value was 441.98 million constant LCU in 2013.
- How does Aruba rank for taxes less subsidies on products?
- Aruba ranks 151st out of 187 countries with data for 2023.
- Is taxes less subsidies on products rising or falling in Aruba?
- Over the last ten years it is up 131.5%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.