Aruba: High-technology exports (% of manufactured exports)

Key figures

What the numbers say

In 2023, Aruba's high-technology exports (% of manufactured exports) fell 0.26 percentage points on 2022 (from 7.13% to 6.87%).

Across the 13 yearly changes before that (2010 to 2022), the average change was +0.24 percentage points and a typical year strayed about 3.23 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 6.47 percentage points in 2012 and the biggest yearly fall was 6.12 percentage points in 2013. 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 2% 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 2023, Aruba had the 10th highest value of the 28 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 2023 ranking

• United Arab Emirates — 6th of 28: 8.96%
• Tunisia — 7th of 28: 7.7%
• Lao PDR — 8th of 28: 7.42%
• Mali — 10th of 28: 5.36%
• Oman — 11th of 28: 5.01%
• St. Vincent and the Grenadines — 12th of 28: 4.93%

What this measures

High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.

Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 15 values

High-technology exports (% of manufactured exports) in nearby economies

• Antigua and Barbuda — 0% (2024)
• Argentina — 3.85% (2024)
• Bahamas, The — 0% (2024)
• Belize — 0.000191% (2024)
• Bolivia — 8.79% (2024)
• Brazil — 11.11% (2024)
• Chile — 8.63% (2024)
• Colombia — 9.03% (2024)
• Costa Rica — 22.86% (2024)
• Dominica

More infrastructure data for Aruba

• Mobile cellular subscriptions — 140,815 (2022)
• Mobile cellular subscriptions (per 100 people) — 130.65 (2022)
• Fixed telephone subscriptions — 34,549 (2022)
• Fixed telephone subscriptions (per 100 people) — 32.05 (2022)
• ICT service exports (BoP, current US$) — US$19.77 million (2023)
• ICT service exports (% of service exports, BoP) — 0.66% (2023)
• Individuals using the Internet (% of population) — 97.17% (2017)
• Liner shipping connectivity index (maximum value in 2004 = 100) — 6.59 (2021)
• Fixed broadband subscriptions — 18,847 (2022)
• Fixed broadband subscriptions (per 100 people)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Aruba's high-technology exports (% of manufactured exports)?

6.87% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2009?

It is up 2.86 percentage points from 4.01% in 2009. The highest value was 11.26% in 2012 and the lowest 4.01% in 2009.

How does Aruba rank?

10th highest of 28 economies with data for 2023.

Is the latest change in high-technology exports (% of manufactured exports) unusual for Aruba?

In 2023, Aruba's high-technology exports (% of manufactured exports) fell 0.26 percentage points on 2022 (from 7.13% to 6.87%). Across the 13 yearly changes before that (2010 to 2022), the average change was +0.24 percentage points and a typical year strayed about 3.23 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 TX.VAL.TECH.MF.ZS, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ 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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