Aruba's travel services (% of service imports, BoP) was 37.48% in 2023, the latest year in the World Bank's World Development Indicators. That is up 1.62 percentage points from 35.86% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 37.48% | 2023 |
| Five years earlier | 36.43% | 2018 |
| Ten years earlier | 35.86% | 2013 |
| Highest | 38.92% | 2015 |
| Lowest | 6.66% | 1995 |
| Average since 2014 | 37.12% | 2014–2023 |
| First recorded | 24.42% | 1986 |
What the numbers say
In 2023, Aruba's travel services (% of service imports, BoP) rose 1.16 percentage points on 2022 (from 36.32% to 37.48%).
Across the 30 yearly changes before that (1993 to 2022), the average change was +0.14 percentage points and a typical year strayed about 5.16 percentage points 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 10.01 percentage points in 1987 and the biggest yearly fall was 21.8 percentage points in 1995. 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 5th highest value of the 11 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 | 37.48% | 2023 |
| World | 20.43% | 2025 |
| Latin America & Caribbean | 22.07% | 2025 |
| High income | 18.17% | 2025 |
Closest to Aruba in the 2023 ranking
What this measures
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 38 values
| Year | Travel services (% of service imports, BoP) |
|---|---|
| 2023 | 37.48 |
| 2022 | 36.32 |
| 2021 | 37.61 |
| 2020 | 35.94 |
| 2019 | 37.53 |
| 2018 | 36.43 |
| 2017 | 38.17 |
| 2016 | 36.61 |
| 2015 | 38.92 |
| 2014 | 36.19 |
| 2013 |
Travel services (% of service imports, BoP) in nearby economies
- Antigua and Barbuda — 15.68% (2025)
- Argentina — 40.32% (2025)
- Bahamas, The — 10.95% (2024)
- Barbados — 7.45% (2017)
- Belize — 25.07% (2025)
- Bolivia — 19.73% (2025)
- Brazil — 20.92% (2025)
- Chile — 14.36% (2025)
- Colombia — 31.5% (2025)
- Costa Rica — 24.66% (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)
Reading data like this
Questions people ask
- What is Aruba's travel services (% of service imports, BoP)?
- 37.48% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1986?
- It is up 13.06 percentage points from 24.42% in 1986. The highest value was 38.92% in 2015 and the lowest 6.66% in 1995.
- How does Aruba rank?
- 5th highest of 11 economies with data for 2023.
- Is the latest change in travel services (% of service imports, BoP) unusual for Aruba?
- In 2023, Aruba's travel services (% of service imports, BoP) rose 1.16 percentage points on 2022 (from 36.32% to 37.48%). Across the 30 yearly changes before that (1993 to 2022), the average change was +0.14 percentage points and a typical year strayed about 5.16 percentage points 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.
Source
World Bank, World Development Indicators, indicator BM.GSR.TRVL.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, 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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