Aruba: Discrepancy in expenditure estimate of GDP (current LCU)

Key figures

What the numbers say

In 2024, Aruba's discrepancy in expenditure estimate of GDP (current LCU) fell 43.67 million on 2023 (from 1,209 to -43.67 million).

Across the 28 yearly changes before that (1996 to 2023), the average change was +43.19 and a typical year strayed about 384,906 from that (the standard deviation). This year's change was 113.4 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 1 million in 1997 and the biggest yearly fall was 43.67 million in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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

How it compares

In 2024, Aruba had the 33rd highest value of the 37 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 2024 ranking

• Marshall Islands — 30th of 37: -3.62 million
• Palau — 31st of 37: -24.08 million
• Tonga — 32nd of 37: -36.2 million
• Bahamas, The — 34th of 37: -54 million
• Belize — 35th of 37: -95.46 million
• Zimbabwe — 36th of 37: -345.43 million

What this measures

Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 30 values

Discrepancy in expenditure estimate of GDP (current LCU) in nearby economies

• Argentina — -15.01 trillion (2025)
• Bahamas, The — -54 million (2024)
• Belize — -95.46 million (2024)
• Bolivia — 0 (2024)
• Brazil — 0 (2025)
• Chile — -886,300 (2025)
• Colombia — 0 (2025)
• Costa Rica — 100,000 (2025)
• Cuba — 1 million (2024)
• Curaçao

More economic policy & debt data for Aruba

• Adjusted savings, education expenditure (% of GNI) — 5.75% (2021)
• Adjusted savings, carbon dioxide damage (current US$) — US$57.5 million (2021)
• Adjusted savings, net forest depletion (current US$) — US$64,588 (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Foreign direct investment, net outflows (BoP, current US$) — US$18.18 million (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$71.08 million (2025)
• Total reserves, including gold (current US$) — US$2.23 billion (2025)
• Total reserves, excluding gold (current US$) — US$1.79 billion (2025)
• Foreign direct investment, net outflows (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Aruba's discrepancy in expenditure estimate of GDP (current LCU)?

-43.67 million in 2024, according to the World Bank (World Development Indicators).

How does Aruba rank?

33rd highest of 37 economies with data for 2024.

Is the latest change in discrepancy in expenditure estimate of GDP (current LCU) unusual for Aruba?

In 2024, Aruba's discrepancy in expenditure estimate of GDP (current LCU) fell 43.67 million on 2023 (from 1,209 to -43.67 million). Across the 28 yearly changes before that (1996 to 2023), the average change was +43.19 and a typical year strayed about 384,906 from that (the standard deviation). This year's change was 113.4 standard deviations below that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GDP.DISC.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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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