Gross national savings — all countries

Gross national savings — Aruba

Gross national savings in Aruba in 2023 — 13.9%. Ranked 130 in the world out of 156. Since 1995, the indicator has fallen by 17.1 pp.

2023 13.9% −0.8 pp vs 2022
World rank 130of 156
Period maximum 31%1995
Period minimum -1.7%2005

Trend over time

1995–2023 · % of GDP

Gross national savings — Aruba, 1995–2023-1001020304019951998200120042007201020132016201920221995: 31%1996: 24.8%1997: 24.3%1998: 27.1%1999: 20.7%2000: 23.7%2001: 19.2%2002: 12.2%2003: 14.6%2004: 17.2%2005: -1.7%2006: 13.1%2007: 2.9%2008: 15.3%2009: 11.2%2010: 4.6%2011: -1.2%2012: 5.8%2013: 7.2%2014: 11.5%2015: 15.3%2016: 15.2%2017: 13.6%2018: 11%2019: 11.2%2020: 3.6%2021: 9%2022: 14.7%2023: 13.9%
Change over the period: −17.1 pp Annual average: -0.61 pp

Comparison, 2023

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

Aruba 13.9%
World 26.2%
High-income countries computed 22.5%
Gross national savings — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2023 13.9 −0.8 pp
2022 14.7 +5.7 pp
2021 9 +5.4 pp
2020 3.6 −7.6 pp
2019 11.2 +0.1 pp
2018 11 −2.5 pp
2017 13.6 −1.6 pp
2016 15.2 −0.1 pp
2015 15.3 +3.8 pp
2014 11.5 +4.3 pp
2013 7.2 +1.4 pp
2012 5.8 +7 pp
2011 -1.2 −5.9 pp
2010 4.6 −6.5 pp
2009 11.2 −4.2 pp
2008 15.3 +12.4 pp
2007 2.9 −10.2 pp
2006 13.1 +14.8 pp
2005 -1.7 −18.9 pp
2004 17.2 +2.6 pp
2003 14.6 +2.4 pp
2002 12.2 −7 pp
2001 19.2 −4.5 pp
2000 23.7 +3.1 pp
1999 20.7 −6.4 pp
1998 27.1 +2.8 pp
1997 24.3 −0.5 pp
1996 24.8 −6.1 pp
1995 31

Caribbean, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

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