Volume of remittances (in United States dollars) as a proportion of in Aruba
Aruba: Volume of remittances (in United States dollars) as a proportion of was 1.0% in 2023. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Aruba, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, volume of remittances (in united states dollars) as a proportion of in Aruba stood at 1.0%.
The figure is down 11.8% on the previous year and down 52.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Aruba peaked at 2.1% in 2013 and was at its lowest, 0.0%, in 2003.
That places Aruba 138th out of 203 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.1% | — |
| 2001 | 0.1% | +21.7% |
| 2002 | 0.1% | -3.7% |
| 2003 | 0.0% | -80.2% |
| 2004 | 0.1% | +383.0% |
| 2005 | 0.0% | -46.3% |
| 2006 | 0.0% | +20.8% |
| 2007 | 0.2% | +362.5% |
| 2008 | 0.2% | +22.5% |
| 2009 | 0.4% | +49.0% |
| 2010 | 0.2% | -42.8% |
| 2011 | 0.2% | -0.7% |
| 2012 | 0.2% | -7.6% |
| 2013 | 2.1% | +1046.9% |
| 2014 | 2.1% | -1.4% |
| 2015 | 1.8% | -13.8% |
| 2016 | 1.8% | -2.5% |
| 2017 | 1.8% | +2.8% |
| 2018 | 1.1% | -37.9% |
| 2019 | 1.0% | -9.1% |
| 2020 | 1.4% | +38.3% |
| 2021 | 1.2% | -12.1% |
| 2022 | 1.2% | -7.4% |
| 2023 | 1.0% | -11.8% |
Aruba compared with similar countries
- Aruba's 1.0% is above the median for high income countries, which is 0.7%, 1.4× the median. (66 countries reporting)
- Aruba's 1.0% is below the median for Latin America & Caribbean, which is 2.8%, 36% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +1046.9% | 0.2% | 2.1% |
| 2004 | +383.0% | 0.0% | 0.1% |
| 2007 | +362.5% | 0.0% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.0% | 0.4% | 10 |
| 2010s | 1.2% | 0.2% | 2.1% | 10 |
| 2020s | 1.2% | 1.0% | 1.4% | 4 |
Countries ranked near Aruba
More economy & growth data for Aruba
- 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)
- Final consumption expenditure (current LCU), per unit of GDP 1.2 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Aruba?
- Volume of remittances (in united states dollars) as a proportion of in Aruba was 1.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Aruba?
- The highest recorded value was 2.1% in 2013.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Aruba?
- The lowest recorded value was 0.0% in 2003.
- How does Aruba rank for volume of remittances (in united states dollars) as a proportion of?
- Aruba ranks 138th out of 203 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Aruba?
- Over the last ten years it is down 52.3%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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