Manufacturing, value added in Aruba
Aruba: Manufacturing, value added was 2.4% in 2023. ▼ Falling
Manufacturing, value added in Aruba, 1995–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for manufacturing, value added in Aruba is 2.4%, measured in 2023.
The figure is down 10.4% on the previous year and down 27.8% over ten years.
Over the whole period, manufacturing, value added in Aruba peaked at 6.7% in 2008 and was at its lowest, 2.0%, in 2012.
Aruba ranks 183rd of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.8% | 2.5% | 3.6% | 5 |
| 2000s | 5.3% | 4.1% | 6.7% | 10 |
| 2010s | 3.3% | 2.0% | 4.2% | 10 |
| 2020s | 2.5% | 2.3% | 2.6% | 4 |
Countries ranked near Aruba
- 180 Libya 2.8% compare
- 181 Greenland 2.7% compare
- 182 Antigua and Barbuda 2.4% compare
- 184 Liberia 2.3% compare
- 185 Isle of Man 2.0% compare
- 186 East Timor 1.9% 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 manufacturing, value added in Aruba?
- Manufacturing, value added in Aruba was 2.4% 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 6.7% in 2008.
- What is the lowest manufacturing, value added recorded in Aruba?
- The lowest recorded value was 2.0% in 2012.
- How does Aruba rank for manufacturing, value added?
- Aruba ranks 183rd 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 27.8%. The long-run trend across the full record is falling.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.