Gross value added at basic prices (GVA) in Aruba
Aruba: Gross value added at basic prices (GVA) was 3.27 billion current US$ in 2023. ▲ Rising
Gross value added at basic prices (GVA) in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Aruba recorded 3.27 billion current US$ for gross value added at basic prices (gva) in 2023. That is the highest value across all 29 years on record.
Compared with earlier readings it is up 10.6% on the previous year and up 31.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Aruba peaked at 3.27 billion current US$ in 2023 and was at its lowest, 1.21 billion current US$, in 1995.
That places Aruba 171st out of 206 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.40 billion current US$ | 1.21 billion current US$ | 1.59 billion current US$ | 5 |
| 2000s | 2.09 billion current US$ | 1.73 billion current US$ | 2.54 billion current US$ | 10 |
| 2010s | 2.62 billion current US$ | 2.21 billion current US$ | 3.00 billion current US$ | 10 |
| 2020s | 2.75 billion current US$ | 2.21 billion current US$ | 3.27 billion current US$ | 4 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Changes in inventories 65.38 million current US$ (2009)
- Gross national expenditure 3.87 billion current US$ (2024)
- Gross national expenditure 6.92 billion current LCU (2024)
- Gross national expenditure 92.8% (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)
- Gross capital formation 1.92 billion current LCU (2024)
- Imports of goods and services 3.26 billion current US$ (2024)
- Gross capital formation 25.7% (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Aruba?
- Gross value added at basic prices (gva) in Aruba was 3.27 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Aruba?
- The highest recorded value was 3.27 billion current US$ in 2023.
- What is the lowest gross value added at basic prices (gva) recorded in Aruba?
- The lowest recorded value was 1.21 billion current US$ in 1995.
- How does Aruba rank for gross value added at basic prices (gva)?
- Aruba ranks 171st out of 206 countries with data for 2023.
- Is gross value added at basic prices (gva) rising or falling in Aruba?
- Over the last ten years it is up 31.6%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.