Manufacturing, value added in Aruba
Aruba: Manufacturing, value added was 88.26 million current US$ in 2023. ▲ Rising
Manufacturing, value added in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, manufacturing, value added in Aruba stood at 88.26 million current US$.
Compared with earlier readings it is up 0.9% on the previous year and down 0.8% over ten years.
Over the whole period, manufacturing, value added in Aruba peaked at 189.65 million current US$ in 2008 and was at its lowest, 33.25 million current US$, in 1995.
Aruba ranks 181st of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 42.87 million current US$ | 33.25 million current US$ | 62.01 million current US$ | 5 |
| 2000s | 125.29 million current US$ | 76.83 million current US$ | 189.65 million current US$ | 10 |
| 2010s | 95.36 million current US$ | 52.09 million current US$ | 115.46 million current US$ | 10 |
| 2020s | 76.23 million current US$ | 63.54 million current US$ | 88.26 million current US$ | 4 |
Countries ranked near Aruba
- 178 Bahamas 99.70 million current US$ compare
- 179 Saint Lucia 95.00 million current US$ compare
- 180 Greenland 90.58 million current US$ compare
- 182 Cayman Islands 67.21 million current US$ compare
- 183 Samoa 63.43 million current US$ compare
- 184 Antigua and Barbuda 56.99 million current US$ compare
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 88.26 million current US$ 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 189.65 million current US$ in 2008.
- What is the lowest manufacturing, value added recorded in Aruba?
- The lowest recorded value was 33.25 million current US$ in 1995.
- How does Aruba rank for manufacturing, value added?
- Aruba ranks 181st out of 204 countries with data for 2023.
- Is manufacturing, value added rising or falling in Aruba?
- Over the last ten years it is down 0.8%. 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 Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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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 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.