Aruba's net secondary income (net current transfers from abroad) (current US$) was −US$79.9 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 13.35% from −US$70.49 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$79.9 million | 2024 |
| Five years earlier | −US$78.8 million | 2019 |
| Ten years earlier | −US$70.49 million | 2014 |
| Highest | US$28.04 million | 1995 |
| Lowest | −US$132.4 million | 2005 |
| Average since 2015 | −US$72.13 million | 2015–2024 |
| First recorded | US$2.29 million |
What the numbers say
In 2024, Aruba's net secondary income (net current transfers from abroad) (current US$) fell US$2.15 million on 2023 (from −US$77.76 million to −US$79.9 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$2.42 million and a typical year strayed about US$24.23 million from that (the standard deviation). This year's change was 0.0 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$47.21 million in 2009 and the biggest yearly fall was US$48.1 million in 1999. 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 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
In 2024, Aruba had the 30th highest value of the 54 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
- Faroe Islands — 27th of 54: US$70.43 million
- Djibouti — 28th of 54: US$9.3 million
- Bahamas, The — 29th of 54: −US$29.9 million
- Sint Maarten (Dutch part) — 31st of 54: −US$97.99 million
- Turks and Caicos Islands — 32nd of 54: −US$108.5 million
- Panama — 33rd of 54: −US$218.83 million
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 39 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2024 | -79,902,854 |
| 2023 | -77,756,240 |
| 2022 | -68,022,999 |
| 2021 | -81,071,358 |
| 2020 | -45,257,860 |
| 2019 | -78,802,353 |
| 2018 | -92,151,979 |
| 2017 | -67,192,907 |
| 2016 | -62,321,199 |
| 2015 | -68,854,285 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Antigua and Barbuda — −US$105.78 million (2025)
- Argentina — US$2.19 billion (2025)
- Bahamas, The — −US$29.9 million (2024)
- Barbados — US$90.5 million (2025)
- Belize — US$149.91 million (2025)
- Bolivia — US$1.19 billion (2025)
- Brazil — US$5.22 billion (2025)
- Cayman Islands — −US$455.88 million (2024)
More economic policy & debt data for Aruba
- Adjusted savings, education expenditure (% of GNI) — 5.75% (2021)
- Adjusted savings, carbon dioxide damage (current US$) — 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$1.79 billion (2025)
- Foreign direct investment, net outflows (% of GDP)
Reading data like this
Questions people ask
- What is Aruba's net secondary income (net current transfers from abroad) (current US$)?
- −US$79.9 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1986?
- It is down 3,588% from US$2.29 million in 1986. The highest value was US$28.04 million in 1995 and the lowest −US$132.4 million in 2005.
- How does Aruba rank?
- 30th highest of 54 economies with data for 2024.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Aruba?
- In 2024, Aruba's net secondary income (net current transfers from abroad) (current US$) fell US$2.15 million on 2023 (from −US$77.76 million to −US$79.9 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$2.42 million and a typical year strayed about US$24.23 million from that (the standard deviation). This year's change was 0.0 standard deviations above 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 NY.TRF.NCTR.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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