Taxes less subsidies on products (current LCU) in Aruba
Aruba: Taxes less subsidies on products (current LCU) was 861.28 million current LCU in 2023. ▲ Rising
Taxes less subsidies on products in Aruba, 1995–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2023, taxes less subsidies on products in Aruba stood at 861.28 million current LCU. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 28.9% on the previous year and up 94.9% over ten years.
Over the whole period, taxes less subsidies on products in Aruba peaked at 861.28 million current LCU in 2023 and was at its lowest, 208.67 million current LCU, in 1995.
That places Aruba 168th out of 199 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes less subsidies on products (current LCU) in Aruba, year by year
| Year | current LCU | Change |
|---|---|---|
| 1995 | 208.67 million current LCU | — |
| 1996 | 220.93 million current LCU | +5.9% |
| 1997 | 228.87 million current LCU | +3.6% |
| 1998 | 238.46 million current LCU | +4.2% |
| 1999 | 258.18 million current LCU | +8.3% |
| 2000 | 258.75 million current LCU | +0.2% |
| 2001 | 258.17 million current LCU | -0.2% |
| 2002 | 258.64 million current LCU | +0.2% |
| 2003 | 281.03 million current LCU | +8.7% |
| 2004 | 320.04 million current LCU | +13.9% |
| 2005 | 344.04 million current LCU | +7.5% |
| 2006 | 379.29 million current LCU | +10.2% |
| 2007 | 500.90 million current LCU | +32.1% |
| 2008 | 541.88 million current LCU | +8.2% |
| 2009 | 510.64 million current LCU | -5.8% |
| 2010 | 434.32 million current LCU | -14.9% |
| 2011 | 481.14 million current LCU | +10.8% |
| 2012 | 485.13 million current LCU | +0.8% |
| 2013 | 441.98 million current LCU | -8.9% |
| 2014 | 447.46 million current LCU | +1.2% |
| 2015 | 444.42 million current LCU | -0.7% |
| 2016 | 455.91 million current LCU | +2.6% |
| 2017 | 475.68 million current LCU | +4.3% |
| 2018 | 521.37 million current LCU | +9.6% |
| 2019 | 625.01 million current LCU | +19.9% |
| 2020 | 449.74 million current LCU | -28.0% |
| 2021 | 544.15 million current LCU | +21.0% |
| 2022 | 667.97 million current LCU | +22.8% |
| 2023 | 861.28 million current LCU | +28.9% |
Aruba compared with similar countries
- Aruba's 861.28 million current LCU is below the median for high income countries, which is 26.91 billion current LCU, 3% of the median. (74 countries reporting)
- Aruba's 861.28 million current LCU is below the median for Latin America & Caribbean, which is 10.36 billion current LCU, 8% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 231.02 million current LCU | 208.67 million current LCU | 258.18 million current LCU | 5 |
| 2000s | 365.34 million current LCU | 258.17 million current LCU | 541.88 million current LCU | 10 |
| 2010s | 481.24 million current LCU | 434.32 million current LCU | 625.01 million current LCU | 10 |
| 2020s | 630.78 million current LCU | 449.74 million current LCU | 861.28 million current LCU | 4 |
Countries ranked near Aruba
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 in Aruba?
- Taxes less subsidies on products in Aruba was 861.28 million current 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 861.28 million current LCU in 2023.
- What is the lowest taxes less subsidies on products recorded in Aruba?
- The lowest recorded value was 208.67 million current LCU in 1995.
- How does Aruba rank for taxes less subsidies on products?
- Aruba ranks 168th out of 199 countries with data for 2023.
- Is taxes less subsidies on products rising or falling in Aruba?
- Over the last ten years it is up 94.9%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.