Economic Trivia

Aruba has one of the highest GDP per capita incomes in the Caribbean.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2017): United States, Netherlands, and Colombia
Top 3 Exported Goods (2017): Beverages, Tobacco, and Precious Stones & Metals

Top Industries Source: CIA World Factbook

Tourism; Transshipment Facilities; Banking

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $3,671,232,222 (2011)
GDP Growth Rate (annual %) -5.654% (2009)
GDP Per Capita, PPP (current international) $35,974 (2011)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 167/195 (2011)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -0.481% (2017)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) 16.689% (2009)
Manufacturing, value added (% of GDP) 4.189% (2011)
Current Account Balance (BoP, current US$) $141,069,536 (2016)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 0.6% (2011)
Employment in Industry (% of total employment) 14.04% (2011)
Employment in Services (% of total employment) 85.07% (2011)
Unemployment Rate 5.7% (2007)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $2,233,916,201 (2011)
Exports of goods and services (current US$) $1,829,078,212 (2011)
Total Merchandise Trade (% of GDP) 429.368% (2011)
FDI, net inflows (BoP, current US$) $87,653,631 (2017)
Commercial Service Exports (current US$) $2,033,752,118 (2016)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Aruba’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank