Taxes less subsidies on products (current US$), per unit of GDP (unit) in Aruba
Aruba: Taxes less subsidies on products (current US$), per unit of GDP (unit) 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$), per unit of GDP (unit) in Aruba, year by year
| Year | current US$ 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% |
Aruba compared with similar countries
- Aruba's 0.1284 current US$ per US$ of GDP is above the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 1.4× the median. (74 countries reporting)
- Aruba's 0.1284 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.097 current US$ per US$ of GDP, 1.3× the median. (38 countries reporting)
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
- Real gdp growth, annual growth rate -16.76 % change on previous year (2023)
- Gross national expenditure (current US$), per unit of GDP 0.9279 current US$ per US$ of GDP (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)
- Gross national expenditure (current US$), per capita 35,807 current US$ per person (2024)
- Final consumption expenditure (current US$), per capita 25,871 current US$ per person (2024)
- Final consumption expenditure (current LCU), annual growth rate -1.38 % change on previous year (2024)
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.