Services, value added in Aruba
Aruba: Services, value added was 4.33 billion constant LCU in 2023. ▬ Flat
Services, value added in Aruba, 2013–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Aruba is 4.33 billion constant LCU, measured in 2023.
The figure is up 6.0% on the previous year and up 10.5% over ten years.
Over the whole period, services, value added in Aruba peaked at 4.34 billion constant LCU in 2018 and was at its lowest, 3.27 billion constant LCU, in 2020.
That places Aruba 175th out of 198 countries with data for 2023, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.14 billion constant LCU | 3.92 billion constant LCU | 4.34 billion constant LCU | 7 |
| 2020s | 3.86 billion constant LCU | 3.27 billion constant LCU | 4.33 billion constant LCU | 4 |
Countries ranked near Aruba
- 172 Cayman Islands 4.57 billion constant LCU compare
- 173 Saint Lucia 4.47 billion constant LCU compare
- 174 Isle of Man 4.41 billion constant LCU compare
- 176 Tajikistan 4.09 billion constant LCU compare
- 177 Belize 3.42 billion constant LCU compare
- 178 Antigua and Barbuda 3.30 billion constant LCU 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 services, value added in Aruba?
- Services, value added in Aruba was 4.33 billion constant LCU in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Aruba?
- The highest recorded value was 4.34 billion constant LCU in 2018.
- What is the lowest services, value added recorded in Aruba?
- The lowest recorded value was 3.27 billion constant LCU in 2020.
- How does Aruba rank for services, value added?
- Aruba ranks 175th out of 198 countries with data for 2023.
- Is services, value added rising or falling in Aruba?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is flat.
- Where does this Aruba data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.