Aruba's merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 1.11% in 2023, the latest year in the World Bank's World Development Indicators. That is up 0.79 percentage points from 0.31% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.11% | 2023 |
| Five years earlier | 0.71% | 2018 |
| Ten years earlier | 0.31% | 2013 |
| Highest | 1.11% | 2023 |
| Lowest | 0.04% | 1995 |
| Average since 2014 | 0.7% | 2014–2023 |
| First recorded | 0.04% | 1995 |
What the numbers say
In 2023, Aruba's merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rose 0.22 percentage points on 2022 (from 0.89% to 1.11%).
Across the 27 yearly changes before that (1996 to 2022), the average change was +0.03 percentage points and a typical year strayed about 0.12 percentage points from that (the standard deviation). This year's change was 1.6 standard deviations above 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 0.23 percentage points in 2022 and the biggest yearly fall was 0.15 percentage points 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 2014 to 2023 the straight-line trend is upward, about 0.07 percentage points a year. A straight line explains 76% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 1.25% for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was 0.13%, against 0.19% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2023, Aruba had the 155th highest value of the 203 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.
| Value | Year | |
|---|---|---|
| Aruba | 1.11% | 2023 |
| World | 2.25% | 2023 |
| Latin America & Caribbean | 2.01% | 2023 |
| High income | 2.17% | 2023 |
Closest to Aruba in the 2023 ranking
- Curaçao — 151st of 203: 1.14%
- Montenegro — 152nd of 203: 1.13%
- St. Kitts and Nevis — 153rd of 203: 1.13%
- Ireland — 155th of 203: 1.02%
- Sweden — 156th of 203: 1.01%
- Cyprus — 157th of 203: 1%
What this measures
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 29 values
| Year | Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) |
|---|---|
| 2023 | 1.11 |
| 2022 | 0.8915 |
| 2021 | 0.6622 |
| 2020 | 0.769 |
| 2019 | 0.9165 |
| 2018 | 0.713 |
| 2017 | 0.5374 |
| 2016 | 0.6472 |
| 2015 | 0.4641 |
| 2014 | 0.2695 |
Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in nearby economies
- Antigua and Barbuda — 2.5% (2023)
- Argentina — 2.11% (2023)
- Bahamas, The — 0.27% (2023)
- Barbados — 0.52% (2023)
- Belize — 1.34% (2023)
- Bolivia — 2.05% (2023)
- Brazil — 3.03% (2023)
More private sector & trade data for Aruba
- Merchandise imports (current US$) — US$1.6 billion (2025)
- Merchandise exports (current US$) — US$216 million (2025)
- Merchandise trade (% of GDP) — 39.66% (2024)
- Insurance and financial services (% of commercial service imports) — 6.39% (2023)
- Computer, communications and other services (% of commercial service imports) — 40.13% (2023)
- Commercial service imports (current US$) — US$1.14 billion (2023)
- Transport services (% of commercial service imports) — 14.77% (2023)
- Travel services (% of commercial service imports) — 38.7% (2023)
- Insurance and financial services (% of commercial service exports)
Reading data like this
Questions people ask
- What is Aruba's merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
- 1.11% in 2023, according to the World Bank (World Development Indicators).
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.R5.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) 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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