Aruba GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$4.27

Source: world bank Nominal/PPP
Summary:

Aruba GDP Per Capita expanded from 1986 to 2024, increasing from $0.41 to $4.27 .The compound annual growth rate (CAGR) averaged 6.36% over the period. The economy recorded its peak level in 2024 and its lowest level in 1986. Growth volatility remained high. The maximum drawdown reached 26.27%, indicating the largest cyclical decline from peak levels. The country experienced 3 recession episode(s) during the observed period.

Latest GDP Per Capita of Aruba 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 4.27 dollars$ 5.47 Int dollars
Growth (YoY)11.237%9.394%
Net Change vs Previous Year$ 0.43 dollars$ 0.47 Int dollars
% of World GDP Per Capita0.00%0.00%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Aruba GDP | Aruba GDP Growth

Aruba Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
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1980------
1981------
1982------
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1984------
1985------
19860.41-----
19870.490.0820.248 %---
19880.60.1122.337 %---
19890.70.116.573 %---
19900.760.079.96 %1.36--
19910.870.1114.025 %1.520.1611.614 %
19920.960.099.93 %1.650.138.295 %
19931.080.1212.995 %1.810.169.851 %
19941.250.1615.008 %20.1910.514 %
19951.320.076.009 %2.10.094.697 %
19961.380.064.484 %2.160.063.038 %
19971.530.1511.012 %2.350.198.893 %
19981.670.138.716 %2.420.073.138 %
19991.720.063.455 %2.490.062.671 %
20001.870.158.738 %2.740.2510.061 %
20011.90.021.228 %2.920.186.528 %
20021.960.073.448 %2.940.020.594 %
20032.040.084.193 %3.030.093.107 %
20042.250.2110.309 %3.340.3110.179 %
20052.360.114.665 %3.430.092.74 %
20062.470.114.651 %3.570.154.246 %
20072.680.218.416 %3.780.215.883 %
20082.840.176.176 %3.930.143.798 %
20092.55-0.29-10.173 %3.49-0.44-11.133 %
20102.45-0.1-3.923 %3.43-0.05-1.551 %
20112.640.187.51 %3.620.195.502 %
20122.62-0.02-0.859 %3.55-0.07-2.048 %
20132.730.114.307 %3.790.246.88 %
20142.790.062.31 %3.810.010.383 %
20152.960.176.165 %3.880.071.923 %
20162.980.020.7 %3.930.051.166 %
20173.090.113.646 %4.080.153.904 %
20183.280.185.942 %4.280.24.863 %
20193.350.072.15 %4.21-0.07-1.626 %
20202.47-0.88-26.152 %3.13-1.08-25.561 %
20212.880.4116.569 %3.780.6520.667 %
20223.320.4415.382 %4.480.718.524 %
20233.830.5115.364 %50.5211.583 %
20244.270.4311.237 %5.470.479.394 %

Aruba Economic Phases (1986 - 2024)

From 1986 to 2024, Aruba economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1987–1995) indicating robust economic expansion
  • High Growth (1997–1998) indicating robust economic expansion
  • Expansion (2001–2003) indicating steady moderate growth
  • Expansion (2005–2006) indicating steady moderate growth
  • High Growth (2007–2008) indicating robust economic expansion
  • Expansion (2013–2014) indicating steady moderate growth
  • Expansion (2016–2017) indicating steady moderate growth
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1988 with an increase of 22.337%, while the largest decline was in 2020 at -26.152%.