Taxes less subsidies on products in Aruba
Aruba: Taxes less subsidies on products 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 167th out of 197 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 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% |
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
- Taxes less subsidies on products (current US$), annual growth rate 28.94 % change on previous year (2023)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.2299 current LCU per US$ of GDP (2023)
- Taxes less subsidies on products (current LCU), annual growth rate 28.94 % change on previous year (2023)
- Taxes less subsidies on products (current US$), per capita 4,482 current US$ per person (2023)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1284 current US$ per US$ of GDP (2023)
- Net primary income (Net income from abroad) (current US$), annual 28.29 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 1.69 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 65,326 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per capita 8,022 current LCU per person (2023)
- Net primary income (Net income from abroad) (current LCU), annual 28.29 % change on previous year (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 167th out of 197 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.
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CSV · JSON — 29 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.