Flag of aw

Aruba GDP Annual Growth Rate

Aruba's GDP annual growth rate fell to 4.26% in 2023, down from 8.52% in 2022, according to World Bank. This represents a decrease of 4.26% from the previous year. Aruba has GDP annual growth rate higher than the global median (4.26% vs median 3.24%). Compared with the median in Americas, Aruba is higher (4.26% vs regional median 3.27%) and ranks 9th out of 44 countries in Americas.

Aruba's real GDP rose to $3.35 billion in 2023, up from $3.21 billion in 2022.

Yearly Historical Data (1987-2023)

(in %)
Year GDP Annual Growth Rate (%)
2023 4.26%
2022 8.52%
2021 24.13%
2020 -26.21%
2019 -2.23%
2018 2.4%
2017 7.05%
2016 1.72%
2015 -0.62%
2014 -1.59%
2013 6.43%
2012 -1.04%
2011 3.37%
2010 -2.73%
2009 -11.68%
2008 1.84%
2007 3.09%
2006 1.13%
2005 -0.38%
2004 7.29%
2003 1.11%
2002 -0.94%
2001 4.18%
2000 7.62%
1999 1.24%
1998 1.99%
1997 7.05%
1996 1.19%
1995 2.55%
1994 8.2%
1993 7.31%
1992 5.88%
1991 7.96%
1990 3.96%
1989 12.13%
1988 18.65%
1987 16.08%
Aruba GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Aruba's total economic output.
Indicator Last Value Prior Value Period
GDP $3.65B $3.28B 2023
GDP per Capita $31,178.47 $29,917.13 2023
GDP per Capita PPP $40,516.81 $38,877.67 2023
Real GDP $3.35B $3.21B 2023