Taxes less subsidies on products (current LCU), per unit of GDP in Aruba
Aruba: Taxes less subsidies on products (current LCU), per unit of GDP was 0.2299 current LCU per US$ of GDP in 2023. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Aruba, 1995–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Aruba recorded 0.2299 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2023. That is the highest value across all 29 years on record.
The figure is up 14.5% on the previous year and up 41.9% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Aruba peaked at 0.2299 current LCU per US$ of GDP in 2023 and was at its lowest, 0.1318 current LCU per US$ of GDP, in 2002.
Aruba ranks 128th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Aruba, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.158 current LCU per US$ of GDP | — |
| 1996 | 0.1601 current LCU per US$ of GDP | +1.3% |
| 1997 | 0.1494 current LCU per US$ of GDP | -6.7% |
| 1998 | 0.1432 current LCU per US$ of GDP | -4.2% |
| 1999 | 0.1499 current LCU per US$ of GDP | +4.7% |
| 2000 | 0.1381 current LCU per US$ of GDP | -7.8% |
| 2001 | 0.1361 current LCU per US$ of GDP | -1.4% |
| 2002 | 0.1318 current LCU per US$ of GDP | -3.2% |
| 2003 | 0.1375 current LCU per US$ of GDP | +4.3% |
| 2004 | 0.1419 current LCU per US$ of GDP | +3.2% |
| 2005 | 0.1458 current LCU per US$ of GDP | +2.7% |
| 2006 | 0.1536 current LCU per US$ of GDP | +5.3% |
| 2007 | 0.1871 current LCU per US$ of GDP | +21.8% |
| 2008 | 0.1906 current LCU per US$ of GDP | +1.9% |
| 2009 | 0.2 current LCU per US$ of GDP | +4.9% |
| 2010 | 0.177 current LCU per US$ of GDP | -11.5% |
| 2011 | 0.1824 current LCU per US$ of GDP | +3.0% |
| 2012 | 0.1855 current LCU per US$ of GDP | +1.7% |
| 2013 | 0.162 current LCU per US$ of GDP | -12.7% |
| 2014 | 0.1603 current LCU per US$ of GDP | -1.0% |
| 2015 | 0.15 current LCU per US$ of GDP | -6.4% |
| 2016 | 0.1528 current LCU per US$ of GDP | +1.9% |
| 2017 | 0.1538 current LCU per US$ of GDP | +0.7% |
| 2018 | 0.1591 current LCU per US$ of GDP | +3.5% |
| 2019 | 0.1867 current LCU per US$ of GDP | +17.3% |
| 2020 | 0.1827 current LCU per US$ of GDP | -2.1% |
| 2021 | 0.1883 current LCU per US$ of GDP | +3.1% |
| 2022 | 0.2008 current LCU per US$ of GDP | +6.6% |
| 2023 | 0.2299 current LCU per US$ of GDP | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1521 current LCU per US$ of GDP | 0.1432 current LCU per US$ of GDP | 0.1601 current LCU per US$ of GDP | 5 |
| 2000s | 0.1562 current LCU per US$ of GDP | 0.1318 current LCU per US$ of GDP | 0.2 current LCU per US$ of GDP | 10 |
| 2010s | 0.167 current LCU per US$ of GDP | 0.15 current LCU per US$ of GDP | 0.1867 current LCU per US$ of GDP | 10 |
| 2020s | 0.2004 current LCU per US$ of GDP | 0.1827 current LCU per US$ of GDP | 0.2299 current LCU per US$ of GDP | 4 |
Countries ranked near Aruba
- 125 Greenland 0.2761 current LCU per US$ of GDP compare
- 126 Peru 0.2757 current LCU per US$ of GDP compare
- 127 Curaçao 0.2728 current LCU per US$ of GDP compare
- 129 Barbados 0.2079 current LCU per US$ of GDP compare
- 130 Saudi Arabia 0.2067 current LCU per US$ of GDP compare
- 131 Hong Kong, China 0.2041 current LCU per US$ of GDP compare
More economy & growth data for Aruba
- Exports of goods and services (current US$), per capita 33,176 current US$ per person (2024)
- Gross capital formation (current US$), per capita 9,935 current US$ per person (2024)
- Gross capital formation (current US$), per unit of GDP 0.2575 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), annual growth rate 55.81 % change on previous year (2024)
- Exports of goods and services (current LCU), per capita 59,385 current LCU per person (2024)
- Exports of goods and services (current LCU), per unit of GDP 1.54 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), 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), annual growth rate 9.8 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 1.66 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Aruba?
- Taxes less subsidies on products (current lcu), per unit of gdp in Aruba was 0.2299 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Aruba?
- The highest recorded value was 0.2299 current LCU per US$ of GDP in 2023.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Aruba?
- The lowest recorded value was 0.1318 current LCU per US$ of GDP in 2002.
- How does Aruba rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Aruba ranks 128th out of 197 countries with data for 2023.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Aruba?
- Over the last ten years it is up 41.9%. 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 (current 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.