Indicators of economy in Aruba
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2018 was at about 10.915 US Dollar per capita. In contrast, the GDP in Aruba reached 29.993 US dollars per inhabitant, or 3.20 bn US Dollar in the whole country. Aruba is currently at number 169 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, then Aruba is in place 41.Inflation in Aruba was in 2019 at around 4.26%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 14.8% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
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Economic performance 2018
Aruba Total | Aruba per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 3.20 bn USD | 29,992.59 USD | 15,291.93 tn USD | 29,692.11 USD |
Gross national product | 2.86 bn USD | 26,763.69 USD | 15,330.84 tn USD | 29,767.66 USD |
Development of gross domestic product in million US Dollar 1986 - 2018
Im- and Exports 2020
Aruba Total | Aruba per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 1.67 bn USD | 15,640.37 USD | 7,340.01 bn USD | 14,251.98 USD |
Exports | 1.45 bn USD | 13,578.67 USD | 7,939.04 bn USD | 15,415.11 USD |
Development of imports and exports in million US dollars 1986 - 2020
Exports
Imports