Aruba: Gross savings (current US$)

Key figures

What the numbers say

In 2023, Aruba's gross savings (current US$) rose US$30.97 million on 2022 (from US$489.14 million to US$520.11 million).

Across the 27 yearly changes before that (1996 to 2022), the average change was +US$2.97 million and a typical year strayed about US$183.44 million from that (the standard deviation). This year's change was 0.2 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 US$362.66 million in 2006 and the biggest yearly fall was US$427.93 million in 2005. 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 there is no clear straight-line trend: a straight line explains less than 1% 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.

Closest to Aruba in the 2023 ranking

• Libya — 1st of 7: US$11.39 billion
• Senegal — 2nd of 7: US$7.04 billion
• Benin — 3rd of 7: US$5.96 billion
• Comoros — 5th of 7: US$176.62 million
• Palau — 6th of 7: −US$35.86 million
• Lebanon — 7th of 7: −US$2.52 billion

What this measures

Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.

All 29 values

Gross savings (current US$) in nearby economies

• Argentina — US$91.71 billion (2025)
• Bahamas, The — US$3.04 billion (2024)
• Belize — US$651.38 million (2024)
• Bolivia — US$7.56 billion (2024)
• Brazil — US$328.66 billion (2025)
• Chile — US$81.53 billion (2025)
• Colombia — US$60.27 billion (2025)
• Costa Rica — US$13.98 billion (2025)
• Dominican Republic — US$29.66 billion (2025)
• Ecuador — US$35.43 billion (2025)
• El Salvador — US$8.37 billion (2025)

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)

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Questions people ask

What is Aruba's gross savings (current US$)?

US$520.11 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is up 27.22% from US$408.83 million in 1995 (0.86% a year on average, compounded). The highest value was US$520.11 million in 2023 and the lowest −US$39.01 million in 2005.

Is the latest change in gross savings (current US$) unusual for Aruba?

In 2023, Aruba's gross savings (current US$) rose US$30.97 million on 2022 (from US$489.14 million to US$520.11 million). Across the 27 yearly changes before that (1996 to 2022), the average change was +US$2.97 million and a typical year strayed about US$183.44 million from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

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 Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GNS.ICTR.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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