Budget balance — all countries

Budget balance — Aruba

Budget balance in Aruba in 2031 — 1.1%. Ranked 19 in the world out of 188. Since 1995, the indicator has risen by 1.9 pp.

2031 1.1% +0 pp vs 2030
World rank 19of 188
Period maximum 3.7%2024
Period minimum -16.8%2020

Trend over time

1995–2031 · % of GDP

Budget balance — Aruba, 1995–2031-20-1001019951999200320072011201520192023202720311995: -0.8%1996: -2.3%1997: -2.1%1998: 0.1%1999: 0.1%2000: 0.6%2001: -0.8%2002: -3.2%2003: 1.9%2004: -8.5%2005: -3%2006: -2.5%2007: -1%2008: 1.5%2009: -2.6%2010: -3.5%2011: -6.4%2012: -9%2013: -6%2014: -7.5%2015: -1.5%2016: -1.5%2017: -2.6%2018: -2.6%2019: -0.2%2020: -16.8%2021: -9.9%2022: -0.5%2023: 3%2024: 3.7%2025: 1.9%2026: 1.9%2027: 1.1%2028: 1.1%2029: 1.1%2030: 1.1%2031: 1.1%
Change over the period: +1.9 pp Annual average: 0.05 pp

Comparison, 2031

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

Aruba 1.1%
World computed -4.85%
Latin America & Caribbean computed -3.31%
High-income countries computed -4.26%
Budget balance — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2031 1.1 +0 pp
2030 1.1 +0 pp
2029 1.1 +0 pp
2028 1.1 +0 pp
2027 1.1 −0.8 pp
2026 1.9 +0 pp
2025 1.9 −1.8 pp
2024 3.7 +0.7 pp
2023 3 +3.5 pp
2022 -0.5 +9.4 pp
2021 -9.9 +6.9 pp
2020 -16.8 −16.6 pp
2019 -0.2 +2.4 pp
2018 -2.6 +0 pp
2017 -2.6 −1.1 pp
2016 -1.5 +0 pp
2015 -1.5 +6 pp
2014 -7.5 −1.5 pp
2013 -6 +3 pp
2012 -9 −2.6 pp
2011 -6.4 −2.9 pp
2010 -3.5 −0.9 pp
2009 -2.6 −4.1 pp
2008 1.5 +2.5 pp
2007 -1 +1.5 pp
2006 -2.5 +0.5 pp
2005 -3 +5.5 pp
2004 -8.5 −10.4 pp
2003 1.9 +5.1 pp
2002 -3.2 −2.4 pp
2001 -0.8 −1.4 pp
2000 0.6 +0.5 pp
1999 0.1 +0 pp
1998 0.1 +2.2 pp
1997 -2.1 +0.2 pp
1996 -2.3 −1.5 pp
1995 -0.8

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.