GDP growth (annual %) (UNESCO Institute) in Aruba

Aruba: GDP growth (annual %) (UNESCO Institute) was 4.3% in 2023. ◆ Volatile

Latest (2023)
4.3%
Change on year
down 49.9%
World rank
60th
of 212 countries
All-time high
24.1%
in 2021
All-time low
-26.2%
in 2020
Years of data
37
1987–2023

GDP growth in Aruba, 1987–2023

-200201987200520231987: 16.1 annual %1988: 18.6 annual %1989: 12.1 annual %1990: 4 annual %1991: 8 annual %1992: 5.9 annual %1993: 7.3 annual %1994: 8.2 annual %1995: 2.5 annual %1996: 1.2 annual %1997: 7 annual %1998: 2 annual %1999: 1.2 annual %2000: 7.6 annual %2001: 4.2 annual %2002: -0.945 annual %2003: 1.1 annual %2004: 7.3 annual %2005: -0.383 annual %2006: 1.1 annual %2007: 3.1 annual %2008: 1.8 annual %2009: -11.7 annual %2010: -2.7 annual %2011: 3.4 annual %2012: -1 annual %2013: 6.4 annual %2014: -1.6 annual %2015: -0.624 annual %2016: 1.7 annual %2017: 7 annual %2018: 2.4 annual %2019: -2.2 annual %2020: -26.2 annual %2021: 24.1 annual %2022: 8.5 annual %2023: 4.3 annual %

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Aruba recorded 4.3% for gdp growth in 2023.

Compared with earlier readings it is down 49.9% on the previous year and down 33.7% over ten years.

Over the whole period, gdp growth in Aruba peaked at 24.1% in 2021 and was at its lowest, -26.2%, in 2020.

That places Aruba 60th out of 212 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.

GDP growth (annual %) (UNESCO Institute) in Aruba, year by year

Annual values for GDP growth (annual %) in Aruba, 1987 to 2023.
Year annual % Change
1987 16.1% —
1988 18.6% +16.0%
1989 12.1% -35.0%
1990 4.0% -67.3%
1991 8.0% +101.0%
1992 5.9% -26.1%
1993 7.3% +24.2%
1994 8.2% +12.3%
1995 2.5% -69.0%
1996 1.2% -53.4%
1997 7.0% +494.3%
1998 2.0% -71.7%
1999 1.2% -37.8%
2000 7.6% +515.7%
2001 4.2% -45.1%
2002 -0.9% -122.6%
2003 1.1% -217.5%
2004 7.3% +556.8%
2005 -0.4% -105.3%
2006 1.1% -394.3%
2007 3.1% +174.0%
2008 1.8% -40.6%
2009 -11.7% -736.1%
2010 -2.7% -76.6%
2011 3.4% -223.3%
2012 -1.0% -130.9%
2013 6.4% -717.9%
2014 -1.6% -124.7%
2015 -0.6% -60.7%
2016 1.7% -375.7%
2017 7.0% +309.9%
2018 2.4% -66.0%
2019 -2.2% -193.1%
2020 -26.2% +1074.1%
2021 24.1% -192.1%
2022 8.5% -64.7%
2023 4.3% -49.9%

Aruba compared with similar countries

  • Aruba's 4.3% is above the median for high income countries, which is 2.3%, 1.9× the median. (83 countries reporting)
  • Aruba's 4.3% is above the median for Latin America & Caribbean, which is 3.4%, 1.3× the median. (41 countries reporting)

Biggest year-on-year movements

Years where GDP growth (annual %) (UNESCO Institute) 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.

YearChange FromTo
2020 -1074.1% -2.2% -26.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 15.6% 12.1% 18.6% 3
1990s 4.7% 1.2% 8.2% 10
2000s 1.3% -11.7% 7.6% 10
2010s 1.3% -2.7% 7.0% 10
2020s 2.7% -26.2% 24.1% 4

Countries ranked near Aruba

  1. 57 Russia 4.3% compare
  2. 58 Antigua and Barbuda 4.3% compare
  3. 59 Costa Rica 4.3% compare
  4. 61 Laos 4.3% compare
  5. 62 Paraguay 4.2% compare
  6. 63 Bangladesh 4.2% compare

See the full ranking of 212 places →

More population data for Aruba

All data for Aruba →

Frequently asked questions

What is gdp growth in Aruba?
Gdp growth in Aruba was 4.3% in 2023, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Aruba?
The highest recorded value was 24.1% in 2021.
What is the lowest gdp growth recorded in Aruba?
The lowest recorded value was -26.2% in 2020.
How does Aruba rank for gdp growth?
Aruba ranks 60th out of 212 countries with data for 2023.
Is gdp growth rising or falling in Aruba?
Over the last ten years it is down 33.7%. The long-run trend across the full record is volatile.
Where does this Aruba data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Aruba. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/aruba/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release