Industry (including construction), value added in Aruba
Aruba: Industry (including construction), value added was 406.05 million current US$ in 2023. ▲ Rising
Industry (including construction), value added in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, industry (including construction), value added in Aruba stood at 406.05 million current US$.
The figure is up 25.5% on the previous year and up 38.5% over ten years.
Over the whole period, industry (including construction), value added in Aruba peaked at 468.04 million current US$ in 2007 and was at its lowest, 203.34 million current US$, in 1995.
That places Aruba 183rd out of 208 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 246.42 million current US$ | 203.34 million current US$ | 291.62 million current US$ | 5 |
| 2000s | 349.22 million current US$ | 246.84 million current US$ | 468.04 million current US$ | 10 |
| 2010s | 336.10 million current US$ | 263.51 million current US$ | 389.18 million current US$ | 10 |
| 2020s | 338.78 million current US$ | 308.26 million current US$ | 406.05 million current US$ | 4 |
Countries ranked near Aruba
- 180 Curacao 433.98 million current US$ compare
- 181 Antigua and Barbuda 424.89 million current US$ compare
- 182 Gambia 410.59 million current US$ compare
- 184 Eritrea 405.12 million current US$ compare
- 185 Guinea-Bissau 398.00 million current US$ compare
- 186 Solomon Islands 370.21 million current US$ compare
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 industry (including construction), value added in Aruba?
- Industry (including construction), value added in Aruba was 406.05 million current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Aruba?
- The highest recorded value was 468.04 million current US$ in 2007.
- What is the lowest industry (including construction), value added recorded in Aruba?
- The lowest recorded value was 203.34 million current US$ in 1995.
- How does Aruba rank for industry (including construction), value added?
- Aruba ranks 183rd out of 208 countries with data for 2023.
- Is industry (including construction), value added rising or falling in Aruba?
- Over the last ten years it is up 38.5%. 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 Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.