GDP growth — all countries

GDP growth — Aruba

GDP growth in Aruba in 2024 — 6.81%. Ranked 17 in the world out of 200. Since 1987, the indicator has fallen by 9.27 pp.

2024 6.81% −2.71 pp vs 2023
World rank 17of 200
Period maximum 18.65%1988
Period minimum -23.94%2020

Trend over time

1987–2024 · % per year

GDP growth — Aruba, 1987–2024-40-2002019871991199519992003200720112015201920231987: 16.08%1988: 18.65%1989: 12.13%1990: 3.96%1991: 7.96%1992: 5.88%1993: 7.31%1994: 8.2%1995: 2.55%1996: 1.19%1997: 7.05%1998: 1.99%1999: 1.24%2000: 7.62%2001: 4.18%2002: -0.94%2003: 1.11%2004: 7.29%2005: -0.38%2006: 1.13%2007: 3.09%2008: 1.84%2009: -11.68%2010: -2.73%2011: 3.37%2012: -1.04%2013: 6.43%2014: 1.43%2015: 3.61%2016: 1.23%2017: 3.49%2018: 3.21%2019: 1.23%2020: -23.94%2021: 14.83%2022: 10.61%2023: 9.52%2024: 6.81%
Change over the period: −9.27 pp Annual average: -0.25 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Aruba

Aruba 6.81%
World 2.9%
Caribbean computed 3.12%
High-income countries computed 2.02%
GDP growth — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2024 6.81 −2.71 pp
2023 9.52 −1.09 pp
2022 10.61 −4.23 pp
2021 14.83 +38.77 pp
2020 -23.94 −25.17 pp
2019 1.23 −1.98 pp
2018 3.21 −0.28 pp
2017 3.49 +2.26 pp
2016 1.23 −2.38 pp
2015 3.61 +2.19 pp
2014 1.43 −5.01 pp
2013 6.43 +7.47 pp
2012 -1.04 −4.41 pp
2011 3.37 +6.1 pp
2010 -2.73 +8.94 pp
2009 -11.68 −13.51 pp
2008 1.84 −1.25 pp
2007 3.09 +1.96 pp
2006 1.13 +1.51 pp
2005 -0.38 −7.68 pp
2004 7.29 +6.18 pp
2003 1.11 +2.06 pp
2002 -0.94 −5.13 pp
2001 4.18 −3.44 pp
2000 7.62 +6.38 pp
1999 1.24 −0.75 pp
1998 1.99 −5.05 pp
1997 7.05 +5.86 pp
1996 1.19 −1.36 pp
1995 2.55 −5.66 pp
1994 8.2 +0.9 pp
1993 7.31 +1.43 pp
1992 5.88 −2.08 pp
1991 7.96 +4 pp
1990 3.96 −8.17 pp
1989 12.13 −6.52 pp
1988 18.65 +2.57 pp
1987 16.08

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.