Aruba's GDP (constant LCU) was 6.35 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 28.17% from 4.95 billion in 2014 (2.51% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 6.35 billion | 2024 |
| Five years earlier | 5.62 billion | 2019 |
| Ten years earlier | 4.95 billion | 2014 |
| Highest | 6.35 billion | 2024 |
| Lowest | 1.68 billion | 1986 |
| Average since 2015 | 5.38 billion | 2015–2024 |
| First recorded | 1.68 billion |
What the numbers say
In 2024, Aruba's GDP (constant LCU) rose 6.8% on 2023 (from 5.94 billion to 6.35 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +2.2% and a typical year strayed about 6.9% from that (the standard deviation). This year's change was 0.7 standard deviations above 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 18.6% in 1988 and the biggest yearly fall was 23.9% in 2020. 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 18% 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 11th highest value of the 14 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
- Bahamas, The — 8th of 14: 14.11 billion
- Monaco — 9th of 14: 9.17 billion
- Bermuda — 10th of 14: 7.1 billion
- Cayman Islands — 12th of 14: 5.24 billion
- Curaçao — 13th of 14: 4.77 billion
- Turks and Caicos Islands — 14th of 14: 1.62 billion
What this measures
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.
All 39 values
| Year | GDP (constant LCU) |
|---|---|
| 2024 | 6,347,681,221 |
| 2023 | 5,942,922,070 |
| 2022 | 5,426,515,324 |
| 2021 | 4,906,080,255 |
| 2020 | 4,272,335,210 |
| 2019 | 5,617,063,554 |
| 2018 | 5,548,860,068 |
| 2017 | 5,376,152,715 |
| 2016 | 5,194,680,206 |
| 2015 | 5,131,342,234 |
| 2014 |
GDP (constant LCU) in nearby economies
- Antigua and Barbuda — 4.93 billion (2025)
- Argentina — 739.06 billion (2025)
- Bahamas, The — 14.11 billion (2024)
- Barbados — 15.34 billion (2025)
- Belize — 5.4 billion (2025)
- Bolivia — 329.37 billion (2025)
- Brazil — 4.73 trillion (2025)
- Cayman Islands — 5.24 billion (2024)
- Chile — 215.65 trillion (2025)
- Colombia — 1,021.79 trillion (2025)
- Costa Rica — 52.4 trillion (2025)
- Cuba — 50.69 billion (2024)
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
Questions people ask
- What is Aruba's GDP (constant LCU)?
- 6.35 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1986?
- It is up 278.67% from 1.68 billion in 1986 (3.57% a year on average, compounded). The highest value was 6.35 billion in 2024 and the lowest 1.68 billion in 1986.
- How does Aruba rank?
- 11th highest of 14 economies with data for 2024.
- Is the latest change in GDP (constant LCU) unusual for Aruba?
- In 2024, Aruba's GDP (constant LCU) rose 6.8% on 2023 (from 5.94 billion to 6.35 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +2.2% and a typical year strayed about 6.9% from that (the standard deviation). This year's change was 0.7 standard deviations above 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 NY.GDP.MKTP.KN, 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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