Trade openness — all countries

Trade openness — Aruba

Trade openness in Aruba in 2024 — 164.14%. Ranked 11 in the world out of 172. Since 1995, the indicator has fallen by 7.22 pp.

2024 164.14% +10.42 pp vs 2023
World rank 11of 172
Period maximum 175.34%1996
Period minimum 123.24%2020

Trend over time

1995–2024 · % of GDP

Trade openness — Aruba, 1995–2024120140160180199519982001200420072010201320162019202220241995: 171.36%1996: 175.34%1997: 168.78%1998: 163.27%1999: 164.56%2000: 145.07%2001: 140.39%2002: 133.23%2003: 132.79%2004: 132.43%2005: 145.05%2006: 141.04%2007: 139.97%2008: 139.11%2009: 137.56%2010: 135.46%2011: 154.44%2012: 156.65%2013: 155.73%2014: 156.49%2015: 140.49%2016: 136.89%2017: 138.72%2018: 138.82%2019: 137.92%2020: 123.24%2021: 139.51%2022: 160.56%2023: 153.72%2024: 164.14%
Change over the period: −7.22 pp Annual average: -0.25 pp

Comparison, 2024

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

Aruba 164.14%
World 56.72%
High-income countries computed 59.77%
Trade openness — Aruba, by year Aruba All countries CSV XLSX
Year % Change, pp
2024 164.14 +10.42 pp
2023 153.72 −6.84 pp
2022 160.56 +21.05 pp
2021 139.51 +16.27 pp
2020 123.24 −14.68 pp
2019 137.92 −0.9 pp
2018 138.82 +0.11 pp
2017 138.72 +1.83 pp
2016 136.89 −3.61 pp
2015 140.49 −16 pp
2014 156.49 +0.76 pp
2013 155.73 −0.91 pp
2012 156.65 +2.21 pp
2011 154.44 +18.97 pp
2010 135.46 −2.09 pp
2009 137.56 −1.55 pp
2008 139.11 −0.86 pp
2007 139.97 −1.07 pp
2006 141.04 −4.01 pp
2005 145.05 +12.62 pp
2004 132.43 −0.36 pp
2003 132.79 −0.44 pp
2002 133.23 −7.16 pp
2001 140.39 −4.68 pp
2000 145.07 −19.49 pp
1999 164.56 +1.29 pp
1998 163.27 −5.51 pp
1997 168.78 −6.56 pp
1996 175.34 +3.98 pp
1995 171.36

Caribbean, 2024

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

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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