Taxes less subsidies on products (current US$), per unit of GDP in Aruba
Aruba: Taxes less subsidies on products (current US$), per unit of GDP was 0.1284 current US$ per US$ of GDP in 2023. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Aruba, 1995–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Aruba recorded 0.1284 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2023. That is the highest value across all 29 years on record.
The figure is up 14.5% on the previous year and up 41.9% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Aruba peaked at 0.1284 current US$ per US$ of GDP in 2023 and was at its lowest, 0.0737 current US$ per US$ of GDP, in 2002.
Aruba ranks 39th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP in Aruba, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0883 current US$ per US$ of GDP | — |
| 1996 | 0.0894 current US$ per US$ of GDP | +1.3% |
| 1997 | 0.0835 current US$ per US$ of GDP | -6.7% |
| 1998 | 0.08 current US$ per US$ of GDP | -4.2% |
| 1999 | 0.0837 current US$ per US$ of GDP | +4.7% |
| 2000 | 0.0772 current US$ per US$ of GDP | -7.8% |
| 2001 | 0.0761 current US$ per US$ of GDP | -1.4% |
| 2002 | 0.0737 current US$ per US$ of GDP | -3.2% |
| 2003 | 0.0768 current US$ per US$ of GDP | +4.3% |
| 2004 | 0.0793 current US$ per US$ of GDP | +3.2% |
| 2005 | 0.0814 current US$ per US$ of GDP | +2.7% |
| 2006 | 0.0858 current US$ per US$ of GDP | +5.3% |
| 2007 | 0.1045 current US$ per US$ of GDP | +21.8% |
| 2008 | 0.1065 current US$ per US$ of GDP | +1.9% |
| 2009 | 0.1117 current US$ per US$ of GDP | +4.9% |
| 2010 | 0.0989 current US$ per US$ of GDP | -11.5% |
| 2011 | 0.1019 current US$ per US$ of GDP | +3.0% |
| 2012 | 0.1036 current US$ per US$ of GDP | +1.7% |
| 2013 | 0.0905 current US$ per US$ of GDP | -12.7% |
| 2014 | 0.0896 current US$ per US$ of GDP | -1.0% |
| 2015 | 0.0838 current US$ per US$ of GDP | -6.4% |
| 2016 | 0.0854 current US$ per US$ of GDP | +1.9% |
| 2017 | 0.0859 current US$ per US$ of GDP | +0.7% |
| 2018 | 0.0889 current US$ per US$ of GDP | +3.5% |
| 2019 | 0.1043 current US$ per US$ of GDP | +17.3% |
| 2020 | 0.1021 current US$ per US$ of GDP | -2.1% |
| 2021 | 0.1052 current US$ per US$ of GDP | +3.1% |
| 2022 | 0.1122 current US$ per US$ of GDP | +6.6% |
| 2023 | 0.1284 current US$ per US$ of GDP | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.085 current US$ per US$ of GDP | 0.08 current US$ per US$ of GDP | 0.0894 current US$ per US$ of GDP | 5 |
| 2000s | 0.0873 current US$ per US$ of GDP | 0.0737 current US$ per US$ of GDP | 0.1117 current US$ per US$ of GDP | 10 |
| 2010s | 0.0933 current US$ per US$ of GDP | 0.0838 current US$ per US$ of GDP | 0.1043 current US$ per US$ of GDP | 10 |
| 2020s | 0.112 current US$ per US$ of GDP | 0.1021 current US$ per US$ of GDP | 0.1284 current US$ per US$ of GDP | 4 |
Countries ranked near Aruba
- 36 Latvia 0.1306 current US$ per US$ of GDP compare
- 37 Bulgaria 0.13 current US$ per US$ of GDP compare
- 38 North Macedonia 0.1298 current US$ per US$ of GDP compare
- 40 Estonia 0.128 current US$ per US$ of GDP compare
- 41 Finland 0.1277 current US$ per US$ of GDP compare
- 42 Lesotho 0.1275 current US$ per US$ of GDP compare
More economy & growth data for Aruba
- Agriculture, forestry, and fishing, value added (current LCU), annual 30.27 % change on previous year (2023)
- Imports of goods and services (current US$), annual growth rate 17.73 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.7817 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 30,166 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 17.73 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 1.4 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 53,998 current LCU per person (2024)
- External balance on goods and services (current US$), annual growth 44.62 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 44.62 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0005 constant LCU per US$ of GDP (2023)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Aruba?
- Taxes less subsidies on products (current us$), per unit of gdp in Aruba was 0.1284 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Aruba?
- The highest recorded value was 0.1284 current US$ per US$ of GDP in 2023.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Aruba?
- The lowest recorded value was 0.0737 current US$ per US$ of GDP in 2002.
- How does Aruba rank for taxes less subsidies on products (current us$), per unit of gdp?
- Aruba ranks 39th out of 197 countries with data for 2023.
- Is taxes less subsidies on products (current us$), 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.