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Aruba

Headline economic indicators for Aruba, with the most recent official readings.

Prices

Prices — Aruba
Indicator Value Change
Inflation rate · 4.3% +0.63 (+17.4%)
Consumer price index · 109.5 +4.47 (+4.3%)
GDP deflator inflation · 4.1% +1.31 (+46.1%)

GDP

GDP — Aruba
Indicator Value Change
GDP growth rate · 6.8% -2.71 (-28.4%)
GDP per capita · 38,590.57 +3,693 (+10.6%)
GDP · 4,167,588,070.29 +421,014,657 (+11.2%)
GDP, PPP · 5,584,653,978 +482,752,834 (+9.5%)
GDP per capita, PPP · 51,712 +4,190 (+8.8%)
GDP per capita growth · 6.2% -3.28 (-34.7%)
GNI per capita · 35,200 +3,510 (+11.1%)
Agriculture to GDP · 0.0% +0.01 (+15.7%)
Industry to GDP · 10.8% +1.11 (+11.4%)
Manufacturing to GDP · 2.4% -0.27 (-10.4%)
Services to GDP · 76.3% -2.74 (-3.5%)
Household consumption to GDP · 49.1% -5.55 (-10.1%)
Gross capital formation to GDP · 25.7% +7.36 (+40.1%)
Gross savings to GDP · 13.9% -0.82 (-5.6%)

Money

Money — Aruba
Indicator Value Change
Real interest rate · 2.9% +0.96 (+49.6%)
Broad money to GDP · 83.3% -9.78 (-10.5%)
Private sector credit to GDP · 58.0% -2.44 (-4.0%)
Lending rate · 5.8% -0.30 (-4.9%)
Bank deposit rate · 2.8% +1.00 (+55.6%)
Official exchange rate · 1.79 +0.00 (+0.0%)

Trade

Trade — Aruba
Indicator Value Change
Current account to GDP · 5.2% -1.74 (-25.1%)
Exports to GDP · 86.0% +6.11 (+7.7%)
Imports to GDP · 78.2% +4.31 (+5.8%)
Trade to GDP · 164.1% +10.42 (+6.8%)
Exports of goods and services · 3,582,826,085.69 +590,854,019 (+19.7%)
Imports of goods and services · 3,257,796,508.28 +490,567,458 (+17.7%)
Trade balance, goods and services (annual) · 587,859,510.23 +164,020,131 (+38.7%)
Current account balance (annual) · 194,498,402.12 -36,057,392 (-15.6%)
Foreign direct investment to GDP · 2.5% +6.15 (+167.5%)
Remittances received to GDP · 1.0% -0.11 (-9.6%)
Total reserves, including gold · 2,231,431,960 +329,181,740 (+17.3%)
Reserves in months of imports · 5.8 -1.15 (-16.5%)

Government

Government — Aruba
Indicator Value Change
Government consumption to GDP · 17.9% -3.03 (-14.5%)
Education spending to GDP · 3.6% -0.82 (-18.4%)

Demography

Demography — Aruba
Indicator Value Change
Population · 108,785 +790.00 (+0.7%)
Population growth · 0.7% +0.14 (+23.4%)
Life expectancy · 76.5 +0.15 (+0.2%)
Fertility rate · 1.61 +0.00 (+0.2%)
Birth rate · 7.6 -0.38 (-4.8%)
Death rate · 7.8 +0.20 (+2.6%)
Urban population share · 61.7% -0.04 (-0.1%)
Population aged 65 and over · 17.8% +0.70 (+4.1%)
Population density · 600.0 +3.53 (+0.6%)
Net migration · 111 -30.00 (-21.3%)

Economies nearby

Comparable readings from neighbouring economies.