GDP (current US$), annual growth rate in Aruba
Aruba: GDP (current US$), annual growth rate was 11.26 % change on previous year in 2023. ◆ Volatile
GDP (current US$), annual growth rate in Aruba, 1987–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gdp (current us$), annual growth rate in Aruba stood at 11.26 % change on previous year.
That represents a change of down 5.7% on the previous year and up 161.4% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Aruba peaked at 22.34 % change on previous year in 1988 and was at its lowest, -26.91 % change on previous year, in 2020.
Aruba ranks 31st of 211 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Aruba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | 20.25 % change on previous year | — |
| 1988 | 22.34 % change on previous year | +10.3% |
| 1989 | 16.57 % change on previous year | -25.8% |
| 1990 | 9.96 % change on previous year | -39.9% |
| 1991 | 14.02 % change on previous year | +40.8% |
| 1992 | 9.93 % change on previous year | -29.2% |
| 1993 | 13 % change on previous year | +30.9% |
| 1994 | 15.01 % change on previous year | +15.5% |
| 1995 | 6.01 % change on previous year | -60.0% |
| 1996 | 4.48 % change on previous year | -25.4% |
| 1997 | 11.01 % change on previous year | +145.6% |
| 1998 | 8.72 % change on previous year | -20.8% |
| 1999 | 3.46 % change on previous year | -60.4% |
| 2000 | 8.74 % change on previous year | +152.8% |
| 2001 | 1.23 % change on previous year | -85.9% |
| 2002 | 3.45 % change on previous year | +180.7% |
| 2003 | 4.19 % change on previous year | +21.6% |
| 2004 | 10.31 % change on previous year | +145.8% |
| 2005 | 4.67 % change on previous year | -54.7% |
| 2006 | 4.65 % change on previous year | -0.3% |
| 2007 | 8.42 % change on previous year | +81.0% |
| 2008 | 6.18 % change on previous year | -26.6% |
| 2009 | -10.17 % change on previous year | -264.7% |
| 2010 | -3.92 % change on previous year | -61.4% |
| 2011 | 7.51 % change on previous year | -291.4% |
| 2012 | -0.8587 % change on previous year | -111.4% |
| 2013 | 4.31 % change on previous year | -601.6% |
| 2014 | 2.31 % change on previous year | -46.4% |
| 2015 | 6.17 % change on previous year | +166.9% |
| 2016 | 0.6996 % change on previous year | -88.7% |
| 2017 | 3.65 % change on previous year | +421.1% |
| 2018 | 5.94 % change on previous year | +63.0% |
| 2019 | 3.65 % change on previous year | -38.6% |
| 2020 | -26.91 % change on previous year | -837.1% |
| 2021 | 18.03 % change on previous year | -167.0% |
| 2022 | 11.94 % change on previous year | -33.8% |
| 2023 | 11.26 % change on previous year | -5.7% |
Aruba compared with similar countries
- Aruba's 11.26 % change on previous year is above the median for high income countries, which is 5.39 % change on previous year, 2.1× the median. (82 countries reporting)
- Aruba's 11.26 % change on previous year is above the median for Latin America & Caribbean, which is 6.41 % change on previous year, 1.8× the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$), annual growth rate 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 |
|---|---|---|---|
| 2020 | -837.1% | 3.65 % change on previous year | -26.91 % change on previous year |
| 2013 | +601.6% | -0.8587 % change on previous year | 4.31 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.72 % change on previous year | 16.57 % change on previous year | 22.34 % change on previous year | 3 |
| 1990s | 9.56 % change on previous year | 3.46 % change on previous year | 15.01 % change on previous year | 10 |
| 2000s | 4.17 % change on previous year | -10.17 % change on previous year | 10.31 % change on previous year | 10 |
| 2010s | 2.94 % change on previous year | -3.92 % change on previous year | 7.51 % change on previous year | 10 |
| 2020s | 3.58 % change on previous year | -26.91 % change on previous year | 18.03 % change on previous year | 4 |
Countries ranked near Aruba
- 28 Sao Tome and Principe 12.56 % change on previous year compare
- 29 Liechtenstein 12.33 % change on previous year compare
- 30 Uzbekistan 12.01 % change on previous year compare
- 32 Myanmar 10.97 % change on previous year compare
- 33 Antigua and Barbuda 10.92 % change on previous year compare
- 34 Guam 10.84 % change on previous year compare
More population data for Aruba
- Population regions with projections, annual growth rate -0.6462 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.5592 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.6462 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -1 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.2545 % change on previous year (2100)
- World population growth -0.7% (2100)
- Population density 417.72 people per km² (2100)
- Number of children under 5, by world region 3,135 people (2100)
- Population growth rate, by level of development -0.7% (2100)
- Number of people living in urban and rural areas, annual growth rate 0.0063 % change on previous year (2025)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Aruba?
- Gdp (current us$), annual growth rate in Aruba was 11.26 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Aruba?
- The highest recorded value was 22.34 % change on previous year in 1988.
- What is the lowest gdp (current us$), annual growth rate recorded in Aruba?
- The lowest recorded value was -26.91 % change on previous year in 2020.
- How does Aruba rank for gdp (current us$), annual growth rate?
- Aruba ranks 31st out of 211 countries with data for 2023.
- Is gdp (current us$), annual growth rate rising or falling in Aruba?
- Over the last ten years it is up 161.4%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.