Aruba GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$39,498.59

Source: world bank Nominal/PPP
Summary:

Aruba GDP Per Capita expanded from 1986 to 2024, increasing from $6,767.56 to $39,498.59 .The compound annual growth rate (CAGR) averaged 4.75% 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 25.73%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of Aruba 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 39,498.59 dollars$ 50,649.30 Int dollars
Growth (YoY)10.582%8.749%
Net Change vs Previous Year$ 3,779.84 dollars$ 4,074.94 Int dollars
% of World GDP Per Capita35.59%25.36%
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------
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1967------
1968------
1969------
1970------
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1972------
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1975------
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1980------
1981------
1982------
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1984------
1985------
19866767.56-----
19878244.051476.4921.817 %---
198810056.261812.2221.982 %---
198911507.221450.9614.428 %---
199012187.54680.325.912 %21732.86--
199113233.991046.458.586 %23099.941367.086.29 %
199213892.61658.614.977 %23889.05789.13.416 %
199314700.96808.355.819 %24575.66686.622.874 %
199416055.291354.339.213 %25791.041215.384.945 %
199516548.72493.433.073 %26254.74463.71.798 %
199616620.9572.240.437 %26004.5-250.25-0.953 %
199717750.011129.066.793 %27240.81236.314.754 %
199818828.091078.086.074 %27412.76171.950.631 %
199919216.2388.112.061 %27765.65352.91.287 %
200020681.021464.837.623 %30245.712480.058.932 %
200120740.1359.110.286 %31920.241674.535.536 %
200221307.25567.122.734 %31888.51-31.73-0.099 %
200321949.49642.243.014 %32507.08618.581.94 %
200423700.631751.157.978 %35059.272552.197.851 %
200524171.84471.211.988 %35098.839.520.113 %
200624845.66673.822.788 %35937.59838.82.39 %
200726736.311890.657.61 %37768.571830.975.095 %
200828171.911435.65.369 %389051136.433.009 %
200925134.77-3037.14-10.781 %34339.94-4565.06-11.734 %
201024093.14-1041.63-4.144 %33729.51-610.43-1.778 %
201125712.381619.246.721 %35324.071594.564.727 %
201225119.67-592.72-2.305 %34095.65-1228.42-3.478 %
201325813.57693.912.762 %35901.6518065.297 %
201426129.84316.271.225 %35657.29-244.36-0.681 %
201527458.221328.385.084 %35972.86315.570.885 %
201627441.55-16.67-0.061 %36117.54144.680.402 %
201728440.04998.493.639 %37524.911407.383.897 %
201830082.161642.125.774 %39287.061762.144.696 %
201930645.89563.731.874 %38543.91-743.15-1.892 %
202022759.81-7886.08-25.733 %28854.6-9689.31-25.138 %
202126749.333989.5217.529 %35104.796250.1921.661 %
2022309764226.6715.801 %41758.96654.1118.955 %
202335718.754742.7515.311 %46574.364815.4611.532 %
202439498.593779.8410.582 %50649.34074.948.749 %

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 (1987–1991) indicating robust economic expansion
  • High Growth (1993–1994) indicating robust economic expansion
  • Expansion (1995–1996) indicating steady moderate growth
  • 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
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 1988 with an increase of 21.982%, while the largest decline was in 2020 at -25.733%.