Trade as share of gdp in Aruba
Aruba: Trade as share of gdp was 164.14 in 2024. ▼ Falling
Latest (2024)
164.14
Change on year
up 6.8%
World rank
16th
of 191 countries
All-time high
175.34
in 1996
All-time low
123.24
in 2020
Years of data
30
1995–2024
Trade as share of gdp in Aruba, 1995–2024
Source: Our World in Data.
Analysis
In 2024, trade as share of gdp in Aruba stood at 164.14.
Compared with earlier readings it is up 6.8% on the previous year and up 4.9% over ten years.
Over the whole period, trade as share of gdp in Aruba peaked at 175.34 in 1996 and was at its lowest, 123.24, in 2020.
Aruba ranks 16th of 191 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 30 years of available data.
Trade as share of gdp in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 171.36 | — |
| 1996 | 175.34 | +2.3% |
| 1997 | 168.78 | -3.7% |
| 1998 | 163.27 | -3.3% |
| 1999 | 164.56 | +0.8% |
| 2000 | 145.07 | -11.8% |
| 2001 | 140.39 | -3.2% |
| 2002 | 133.23 | -5.1% |
| 2003 | 132.79 | -0.3% |
| 2004 | 132.43 | -0.3% |
| 2005 | 145.05 | +9.5% |
| 2006 | 141.04 | -2.8% |
| 2007 | 139.97 | -0.8% |
| 2008 | 139.11 | -0.6% |
| 2009 | 137.56 | -1.1% |
| 2010 | 135.47 | -1.5% |
| 2011 | 154.44 | +14.0% |
| 2012 | 156.65 | +1.4% |
| 2013 | 155.73 | -0.6% |
| 2014 | 156.49 | +0.5% |
| 2015 | 140.49 | -10.2% |
| 2016 | 136.89 | -2.6% |
| 2017 | 138.72 | +1.3% |
| 2018 | 138.82 | +0.1% |
| 2019 | 137.92 | -0.6% |
| 2020 | 123.24 | -10.6% |
| 2021 | 139.51 | +13.2% |
| 2022 | 160.56 | +15.1% |
| 2023 | 153.72 | -4.3% |
| 2024 | 164.14 | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 168.66 | 163.27 | 175.34 | 5 |
| 2000s | 138.67 | 132.43 | 145.07 | 10 |
| 2010s | 145.16 | 135.47 | 156.65 | 10 |
| 2020s | 148.23 | 123.24 | 164.14 | 5 |
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 trade as share of gdp in Aruba?
- Trade as share of gdp in Aruba was 164.14 in 2024, according to Our World in Data.
- What is the highest trade as share of gdp recorded in Aruba?
- The highest recorded value was 175.34 in 1996.
- What is the lowest trade as share of gdp recorded in Aruba?
- The lowest recorded value was 123.24 in 2020.
- How does Aruba rank for trade as share of gdp?
- Aruba ranks 16th out of 191 countries with data for 2024.
- Is trade as share of gdp rising or falling in Aruba?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is falling.
- Where does this Aruba data come from?
- The figures come from Our World in Data, published as part of Trade as share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).