Aruba's gross savings (% of GNI) was 15.16% in 2023, the latest year in the World Bank's World Development Indicators. That is up 7.5 percentage points from 7.66% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 15.16% | 2023 |
| Five years earlier | 11.82% | 2018 |
| Ten years earlier | 7.66% | 2013 |
| Highest | 31.32% | 1995 |
| Lowest | -2.07% | 2005 |
| Average since 2014 | 12.51% | 2014–2023 |
| First recorded | 31.32% | 1995 |
What the numbers say
In 2023, Aruba's gross savings (% of GNI) fell 0.12 percentage points on 2022 (from 15.28% to 15.16%).
Across the 27 yearly changes before that (1996 to 2022), the average change was −0.59 percentage points and a typical year strayed about 7.33 percentage points from that (the standard deviation). This year's change was 0.1 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 15.76 percentage points in 2006 and the biggest yearly fall was 19.91 percentage points 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 4% 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
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Aruba | 15.16% | 2023 |
| World | 26.55% | 2024 |
| Latin America & Caribbean | 17.51% | 2025 |
| High income | 22.52% | 2024 |
Closest to Aruba in the 2023 ranking
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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 29 values
| Year | Gross savings (% of GNI) |
|---|---|
| 2023 | 15.16 |
| 2022 | 15.28 |
| 2021 | 9.33 |
| 2020 | 3.69 |
| 2019 | 11.69 |
| 2018 | 11.82 |
| 2017 | 14.37 |
| 2016 | 15.89 |
| 2015 | 15.94 |
| 2014 | 11.9 |
| 2013 |
Gross savings (% of GNI) in nearby economies
- Argentina — 13.7% (2025)
- Bahamas, The — 20.01% (2024)
- Belize — 21.19% (2024)
- Bolivia — 14.07% (2024)
- Brazil — 14.9% (2025)
- Chile — 24.12% (2025)
- Colombia — 13.41% (2025)
- Costa Rica — 14.93% (2025)
- Dominican Republic — 24.79% (2025)
- Ecuador — 27.96% (2025)
- El Salvador — 24.45% (2025)
- Guatemala
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 gross savings (% of GNI)?
- 15.16% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is down 16.16 percentage points from 31.32% in 1995. The highest value was 31.32% in 1995 and the lowest -2.07% in 2005.
- Is the latest change in gross savings (% of GNI) unusual for Aruba?
- In 2023, Aruba's gross savings (% of GNI) fell 0.12 percentage points on 2022 (from 15.28% to 15.16%). Across the 27 yearly changes before that (1996 to 2022), the average change was −0.59 percentage points and a typical year strayed about 7.33 percentage points from that (the standard deviation). This year's change was 0.1 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.GN.ZS, 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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