Aruba's general government final consumption expenditure (current LCU) was 1.34 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 7.75% from 1.24 billion in 2014 (0.75% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.34 billion | 2024 |
| Five years earlier | 1.37 billion | 2019 |
| Ten years earlier | 1.24 billion | 2014 |
| Highest | 1.4 billion | 2023 |
| Lowest | 472 million | 1995 |
| Average since 2015 | 1.3 billion | 2015–2024 |
| First recorded | 472 million |
What the numbers say
In 2024, Aruba's general government final consumption expenditure (current LCU) fell 4.9% on 2023 (from 1.4 billion to 1.34 billion).
Across the 28 yearly changes before that (1996 to 2023), the average change was +4.2% and a typical year strayed about 6.9% from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 29.9% in 1997 and the biggest yearly fall was 8.7% in 2021. 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 14% 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 29th highest value of the 36 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
- Fiji — 26th of 36: 2.56 billion
- Bahrain — 27th of 36: 2.5 billion
- Bahamas, The — 28th of 36: 2.04 billion
- Timor-Leste — 30th of 36: 1.13 billion
- Belize — 31st of 36: 1.02 billion
- Bermuda — 32nd of 36: 985.4 million
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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
| Year | General government final consumption expenditure (current LCU) |
|---|---|
| 2024 | 1,336,201,589 |
| 2023 | 1,404,443,300 |
| 2022 | 1,285,697,000 |
| 2021 | 1,178,160,000 |
| 2020 | 1,290,001,500 |
| 2019 | 1,372,350,000 |
| 2018 | 1,352,973,000 |
| 2017 | 1,274,346,000 |
| 2016 | 1,254,404,000 |
| 2015 | 1,233,386,000 |
General government final consumption expenditure (current LCU) in nearby economies
- Argentina — 126.53 trillion (2025)
- Bahamas, The — 2.04 billion (2024)
- Belize — 1.02 billion (2024)
- Bolivia — 62.7 billion (2024)
- Brazil — 2.44 trillion (2025)
- Chile — 51.19 trillion (2025)
- Colombia — 287.16 trillion (2025)
- Costa Rica — 7.26 trillion (2025)
- Cuba — 269.27 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 general government final consumption expenditure (current LCU)?
- 1.34 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 183.09% from 472 million in 1995 (3.65% a year on average, compounded). The highest value was 1.4 billion in 2023 and the lowest 472 million in 1995.
- How does Aruba rank?
- 29th highest of 36 economies with data for 2024.
- Is the latest change in general government final consumption expenditure (current LCU) unusual for Aruba?
- In 2024, Aruba's general government final consumption expenditure (current LCU) fell 4.9% on 2023 (from 1.4 billion to 1.34 billion). Across the 28 yearly changes before that (1996 to 2023), the average change was +4.2% and a typical year strayed about 6.9% from that (the standard deviation). This year's change was 1.3 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NE.CON.GOVT.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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