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Aruba Trade (% GDP)

Aruba's trade (% GDP) fell to 169.8% in 2023, down from 172.88% in 2022, according to World Bank. This represents a decrease of 3.08% from the previous year. Aruba has the 13th highest trade (% GDP). Within Americas, it ranks 2nd out of 32 countries.

Yearly Historical Data (1995-2023)

(in %)
Year Trade (% GDP)
2023 169.8%
2022 172.88%
2021 147.02%
2020 124.14%
2019 145.34%
2018 145.21%
2017 143.8%
2016 142.24%
2015 145.83%
2014 162.88%
2013 161.89%
2012 156.65%
2011 154.44%
2010 135.46%
2009 137.56%
2008 139.11%
2007 139.97%
2006 141.04%
2005 145.05%
2004 132.43%
2003 132.79%
2002 133.23%
2001 140.39%
2000 145.07%
1999 164.56%
1998 163.27%
1997 168.78%
1996 175.34%
1995 171.36%
Aruba Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Aruba divided by its total economic output, shown 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
Tariff Rate 9.98% 10.92% 2021