Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Aruba

Merchandise trade (% of GDP) in Aruba in 2024 — 39.66%. Ranked 146 in the world out of 199. Since 1986, the indicator has fallen by 19.51 pp.

2024 39.66% −2.24 pp vs 2023
World rank 146of 199
Period maximum 420.68%2011
Period minimum 38.6%2020

Trend over time

1986–2024 · % of GDP

Merchandise trade (% of GDP) — Aruba, 1986–20240200400600198619901994199820022006201020142018202220241986: 59.17%1987: 60.49%1988: 73.58%1989: 73.18%1990: 96.23%1991: 261.68%1992: 251.81%1993: 240.48%1994: 224.43%1995: 222.92%1996: 273.07%1997: 250.74%1998: 161.11%1999: 196.35%2000: 272.54%2001: 252.84%2002: 178.66%2003: 217.65%2004: 311.51%2005: 368.81%2006: 382.18%2007: 385.86%2008: 403.34%2009: 172.33%2010: 67.62%2011: 420.68%2012: 131.35%2013: 60.71%2014: 57.65%2015: 53.33%2016: 47.66%2017: 40.71%2018: 43.53%2019: 39.94%2020: 38.6%2021: 41.08%2022: 47.95%2023: 41.9%2024: 39.66%
Change over the period: −19.51 pp Annual average: -0.51 pp

Comparison, 2024

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

Aruba 39.66%
World 44.3%
Caribbean computed 37.78%
High-income countries computed 45.26%
Merchandise trade (% of GDP) — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2024 39.66 −2.24 pp
2023 41.9 −6.04 pp
2022 47.95 +6.86 pp
2021 41.08 +2.48 pp
2020 38.6 −1.34 pp
2019 39.94 −3.59 pp
2018 43.53 +2.81 pp
2017 40.71 −6.95 pp
2016 47.66 −5.67 pp
2015 53.33 −4.33 pp
2014 57.65 −3.05 pp
2013 60.71 −70.64 pp
2012 131.35 −289.33 pp
2011 420.68 +353.07 pp
2010 67.62 −104.72 pp
2009 172.33 −231.01 pp
2008 403.34 +17.48 pp
2007 385.86 +3.68 pp
2006 382.18 +13.37 pp
2005 368.81 +57.3 pp
2004 311.51 +93.86 pp
2003 217.65 +38.99 pp
2002 178.66 −74.18 pp
2001 252.84 −19.71 pp
2000 272.54 +76.19 pp
1999 196.35 +35.25 pp
1998 161.11 −89.64 pp
1997 250.74 −22.32 pp
1996 273.07 +50.15 pp
1995 222.92 −1.52 pp
1994 224.43 −16.05 pp
1993 240.48 −11.33 pp
1992 251.81 −9.87 pp
1991 261.68 +165.44 pp
1990 96.23 +23.05 pp
1989 73.18 −0.4 pp
1988 73.58 +13.09 pp
1987 60.49 +1.31 pp
1986 59.17

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

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