Taxes less subsidies on products (current US$) in Aruba
Aruba: Taxes less subsidies on products (current US$) was 481.16 million current US$ 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 US$.
Analysis
The most recent figure for taxes less subsidies on products in Aruba is 481.16 million current US$, measured in 2023. 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 481.16 million current US$ in 2023 and was at its lowest, 116.58 million current US$, in 1995.
Aruba ranks 149th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes less subsidies on products (current US$) in Aruba, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 116.58 million current US$ | — |
| 1996 | 123.42 million current US$ | +5.9% |
| 1997 | 127.86 million current US$ | +3.6% |
| 1998 | 133.22 million current US$ | +4.2% |
| 1999 | 144.24 million current US$ | +8.3% |
| 2000 | 144.55 million current US$ | +0.2% |
| 2001 | 144.23 million current US$ | -0.2% |
| 2002 | 144.49 million current US$ | +0.2% |
| 2003 | 157.00 million current US$ | +8.7% |
| 2004 | 178.79 million current US$ | +13.9% |
| 2005 | 192.20 million current US$ | +7.5% |
| 2006 | 211.89 million current US$ | +10.2% |
| 2007 | 279.83 million current US$ | +32.1% |
| 2008 | 302.73 million current US$ | +8.2% |
| 2009 | 285.27 million current US$ | -5.8% |
| 2010 | 242.64 million current US$ | -14.9% |
| 2011 | 268.79 million current US$ | +10.8% |
| 2012 | 271.02 million current US$ | +0.8% |
| 2013 | 246.92 million current US$ | -8.9% |
| 2014 | 249.98 million current US$ | +1.2% |
| 2015 | 248.28 million current US$ | -0.7% |
| 2016 | 254.70 million current US$ | +2.6% |
| 2017 | 265.74 million current US$ | +4.3% |
| 2018 | 291.27 million current US$ | +9.6% |
| 2019 | 349.17 million current US$ | +19.9% |
| 2020 | 251.25 million current US$ | -28.0% |
| 2021 | 303.99 million current US$ | +21.0% |
| 2022 | 373.17 million current US$ | +22.8% |
| 2023 | 481.16 million current US$ | +28.9% |
Aruba compared with similar countries
- Aruba's 481.16 million current US$ is below the median for high income countries, which is 9.71 billion current US$, 5% of the median. (74 countries reporting)
- Aruba's 481.16 million current US$ is below the median for Latin America & Caribbean, which is 1.67 billion current US$, 29% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 129.06 million current US$ | 116.58 million current US$ | 144.24 million current US$ | 5 |
| 2000s | 204.10 million current US$ | 144.23 million current US$ | 302.73 million current US$ | 10 |
| 2010s | 268.85 million current US$ | 242.64 million current US$ | 349.17 million current US$ | 10 |
| 2020s | 352.39 million current US$ | 251.25 million current US$ | 481.16 million current US$ | 4 |
Countries ranked near Aruba
- 146 Curacao 542.68 million current US$ compare
- 147 Cape Verde 498.83 million current US$ compare
- 148 Belize 481.82 million current US$ compare
- 150 Faroe Islands 478.54 million current US$ compare
- 151 Cayman Islands 416.41 million current US$ compare
- 152 Andorra 402.32 million current US$ compare
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 481.16 million current US$ 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 481.16 million current US$ in 2023.
- What is the lowest taxes less subsidies on products recorded in Aruba?
- The lowest recorded value was 116.58 million current US$ in 1995.
- How does Aruba rank for taxes less subsidies on products?
- Aruba ranks 149th 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.