Current account balance in Aruba
Aruba: Current account balance was 194.50 million BoP, current US$ in 2023. ◆ Volatile
Current account balance in Aruba, 1986–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, current account balance in Aruba stood at 194.50 million BoP, current US$.
Compared with earlier readings it is down 15.6% on the previous year and up 160.4% over ten years.
Over the whole period, current account balance in Aruba peaked at 310.56 million BoP, current US$ in 2006 and was at its lowest, -460.11 million BoP, current US$, in 2010.
That places Aruba 63rd out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -33.06 million BoP, current US$ | -46.70 million BoP, current US$ | -18.66 million BoP, current US$ | 4 |
| 1990s | -92.05 million BoP, current US$ | -435.51 million BoP, current US$ | 81.06 million BoP, current US$ | 10 |
| 2000s | 112.66 million BoP, current US$ | -340.25 million BoP, current US$ | 310.56 million BoP, current US$ | 10 |
| 2010s | -72.25 million BoP, current US$ | -460.11 million BoP, current US$ | 141.18 million BoP, current US$ | 10 |
| 2020s | 46.96 million BoP, current US$ | -316.45 million BoP, current US$ | 230.56 million BoP, current US$ | 4 |
Countries ranked near Aruba
- 60 Zimbabwe 501.20 million BoP, current US$ compare
- 61 San Marino 445.85 million BoP, current US$ compare
- 62 French Polynesia 411.96 million BoP, current US$ compare
- 64 Faroe Islands 194.30 million BoP, current US$ compare
- 65 Turks and Caicos Islands 172.71 million BoP, current US$ compare
- 66 Gabon 141.00 million BoP, current US$ compare
More economy & growth data for Aruba
- Gross capital formation 1.92 billion current LCU (2024)
- Exports of goods and services 3.58 billion current US$ (2024)
- Exports of goods and services 6.41 billion current LCU (2024)
- Exports of goods and services 86.0% (2024)
- Changes in inventories 65.38 million current US$ (2009)
- Changes in inventories 117.03 million current LCU (2009)
- Gross capital formation 1.07 billion current US$ (2024)
- Imports of goods and services 5.83 billion current LCU (2024)
- External balance on goods and services 325.03 million current US$ (2024)
- Imports of goods and services 78.2% (2024)
Frequently asked questions
- What is current account balance in Aruba?
- Current account balance in Aruba was 194.50 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Aruba?
- The highest recorded value was 310.56 million BoP, current US$ in 2006.
- What is the lowest current account balance recorded in Aruba?
- The lowest recorded value was -460.11 million BoP, current US$ in 2010.
- How does Aruba rank for current account balance?
- Aruba ranks 63rd out of 199 countries with data for 2023.
- Is current account balance rising or falling in Aruba?
- Over the last ten years it is up 160.4%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.