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Aruba Tariff Rate

Aruba's tariff rate fell to 9.98% in 2021, down from 10.92% in 2019, according to World Bank. This represents a decrease of 0.94% from the previous year. Aruba has tariff rate higher than the global median (9.98% vs median 5.90%). Compared with the median in Americas, Aruba is higher (9.98% vs regional median 9.44%) and ranks 14th out of 38 countries in Americas.

Yearly Historical Data (2011-2021)

(in %)
Year Tariff Rate (%)
2021 9.98%
2019 10.92%
2018 10.01%
2017 9.99%
2016 10.27%
2015 9.77%
2013 10.16%
2012 10.13%
2011 10.2%
Aruba Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Aruba on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $111M $104.8M 2023
Annual Imports $1.54B $1.47B 2023
Exports (% GDP) 88.34% 87.57% 2023
FDI Inflows (% GDP) -3.77% 7.57% 2023
Imports (% GDP) 81.45% 85.31% 2023
Net Trade (Goods & Services, BoP) $587.86M $423.84M 2023
Trade (% GDP) 169.8% 172.88% 2023