Manufacturing, value added in Aruba
Aruba: Manufacturing, value added was -1.2% in 2023. ◆ Volatile
Manufacturing, value added in Aruba, 2014–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for manufacturing, value added in Aruba is -1.2%, measured in 2023.
Compared with earlier readings it is down 118.0% on the previous year and up 84.8% over ten years.
Over the whole period, manufacturing, value added in Aruba peaked at 9.2% in 2021 and was at its lowest, -12.4%, in 2020.
That places Aruba 157th out of 191 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.1% | -8.1% | 8.9% | 6 |
| 2020s | 0.6% | -12.4% | 9.2% | 4 |
Countries ranked near Aruba
More economy & growth data for Aruba
- Changes in inventories 117.03 million current LCU (2009)
- 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)
- Changes in inventories 65.38 million current US$ (2009)
- Gross capital formation 25.7% (2024)
- Imports of goods and services 5.83 billion current LCU (2024)
- Imports of goods and services 3.26 billion current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Aruba?
- Manufacturing, value added in Aruba was -1.2% in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Aruba?
- The highest recorded value was 9.2% in 2021.
- What is the lowest manufacturing, value added recorded in Aruba?
- The lowest recorded value was -12.4% in 2020.
- How does Aruba rank for manufacturing, value added?
- Aruba ranks 157th out of 191 countries with data for 2023.
- Is manufacturing, value added rising or falling in Aruba?
- Over the last ten years it is up 84.8%. The long-run trend across the full record is volatile.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.