Aruba: Commercial service imports (current US$)

Key figures

What the numbers say

In 2023, Aruba's commercial service imports (current US$) rose 11.4% on 2022 (from US$1.03 billion to US$1.14 billion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +17.8% and a typical year strayed about 81% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 432.5% in 1995 and the biggest yearly fall was 41.2% in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about US$21.4 million a year. A straight line explains 32% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Aruba had the 7th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Aruba in the 2023 ranking

• Senegal — 4th of 12: US$4.02 billion
• Benin — 5th of 12: US$1.54 billion
• South Sudan — 6th of 12: US$1.3 billion
• Curaçao — 8th of 12: US$922.75 million
• Sint Maarten (Dutch part) — 9th of 12: US$327.52 million
• Comoros — 10th of 12: US$203.75 million

What this measures

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. 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.

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 38 values

Commercial service imports (current US$) in nearby economies

• Antigua and Barbuda — US$614.45 million (2025)
• Argentina — US$29.74 billion (2025)
• Bahamas, The — US$2.2 billion (2024)
• Barbados — US$670.92 million (2017)
• Belize — US$324.25 million (2025)
• Bolivia — US$2.36 billion (2025)
• Brazil — US$102.7 billion (2025)
• Chile — US$21.35 billion (2025)
• Colombia — US$19.87 billion (2025)
• Costa Rica — US$8.6 billion (2025)

More private sector & trade data for Aruba

• Merchandise imports (current US$) — US$1.6 billion (2025)
• Merchandise exports (current US$) — US$216 million (2025)
• Merchandise trade (% of GDP) — 39.66% (2024)
• Insurance and financial services (% of commercial service imports) — 6.39% (2023)
• Computer, communications and other services (% of commercial service imports) — 40.13% (2023)
• Transport services (% of commercial service imports) — 14.77% (2023)
• Travel services (% of commercial service imports) — 38.7% (2023)
• Insurance and financial services (% of commercial service exports) — 1.35% (2023)
• Computer, communications and other services (% of commercial service exports)

Reading data like this

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Questions people ask

What is Aruba's commercial service imports (current US$)?

US$1.14 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1986?

It is up 2,406% from US$45.59 million in 1986 (9.1% a year on average, compounded). The highest value was US$1.84 billion in 1997 and the lowest US$45.59 million in 1986.

How does Aruba rank?

7th highest of 12 economies with data for 2023.

Is the latest change in commercial service imports (current US$) unusual for Aruba?

In 2023, Aruba's commercial service imports (current US$) rose 11.4% on 2022 (from US$1.03 billion to US$1.14 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +17.8% and a typical year strayed about 81% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TM.VAL.SERV.CD.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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