GENERAL PROFILE: ARUBA

GENERAL INFORMATION FOR 2022

Population Exchange rate GDP
0.106 Millions 1.790 AWG/US$ 3 493 Millions current US$

Land area¹ CPI growth GDP growth

(q) 180 km² 5.59 % 5.68 %

INTERNATIONAL MERCHANDISE TRADE

Total merchandise trade
(millions of US$) 2005 2010 2015 2022 +68.5 %
Merchandise exports 4 416 265 330 208
Merchandise exports
Merchandise imports 4 288 1 394 1 250 1 371
growth rate in 2022
Merchandise trade balance 128 -1 130 -921 -1 164

Export structure by product group in 2022 Top 5 partners in 2022

(as % of total exports) (exports, millions of US$)

INTERNATIONAL TRADE IN SERVICES TRADE INDICES

Total trade in services²
(millions of US$) 2005 2010 2015 2022
Services exports 1 308 1 560 2 105 2 797
Services imports 712 679 881 1 049
Services trade balance 596 881 1 224 1 749

Services exports by main category²

(as % of total services) 2005 2010 2015 2022
Transport 4.3 3.3 5.5 3.5
Travel 83.9 80.2 78.4 88.6
Other services 11.8 16.5 16.1 7.8

ECONOMIC TRENDS
Economic indicators
(millions of US$ unless otherwise specified) 2005 2010 2015 2022 +5.7 %
GDP, current 2 360 2 454 2 963 3 493
Gross domestic product
GDP per capita, current US$ 24 978 24 453 28 419 32 814
growth rate in 2022
Real GDP growth, y-on-y, % 1.23 -2.84 3.55 5.68
Current account balance, % of GDP 4.45 -18.75 3.74 11.14
Exchange rate (/US$) 1.790 1.790 1.790 1.790

GDP by expenditure in 2021

(as % of total GDP)
 ARUBA
FDI AND EXTERNAL FINANCIAL RESOURCES
Financial flows
(millions of US$ unless otherwise specified) 2005 2010 2015 2022 +2.5 %
FDI inflows -207.04 236.87 -26.87 253.37
FDI outflows as % of GDP
FDI outflows -8.86 5.80 10.34 86.96
in 2022
Personal remittances, % of GDP .. .. .. ..

Financial flows trends

(millions of US$)

TRADE IN GOODS AND SERVICES LIVING AREA

Trade balance indicators² Population by living area in 2022
(as % and index) 2005 2010 2015 2022 (% of population)
Balance, % of GDP 30.34 -10.15 10.28 16.81
Balance, % of imports 14.30 -12.01 14.28 24.31
Normalized balance 0.067 -0.064 0.067 0.108

Trade openness²
(sum of imports and exports as % of GDP)

OTHER INDICATORS
Maritime transport indicators
2005 2010 2015 2022 0%
Merchant fleet, national flag (thousands of DWT) .. 0 .. 0
Share of the total world
Liner shipping connectivity index (maximum 2006 = 100 for China) .. 7.54 7.76 6.45
merchant fleet in 2022
Container port throughput (TEU) .. 49 558 35 342 ..

Information economy indicators

(as % of) 2005 2010 2015 2022
Share of ICT goods, % of total exports .. 0.40 0.54 ..
Share of ICT goods, % of total imports .. 4.76 5.73 ..
Share of workforce involved in the ICT sector .. .. .. ..
 ARUBA
Source: UNCTADstat (http://unctadstat.unctad.org)

Notes:
1 Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area
under inland water bodies, but excludes offshore territorial waters.
2 Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
q Estimated. Data refers to 2020.

Symbols for missing values:

0 Zero means that the amount is nil or negligible
.. Not available or not separately reported
_ Not applicable
... Not available, including no quotation
# Non-relevant calculation
- Not publishable
*** Negative accumulation of flows; Value included in regional and global totals

Abbreviations & acronyms:

DWT: Dead weight tons
FDI: Foreign direct investment
GDP: Gross domestic product
ICT: Information and communication technology
TEU: Twenty foot equivalent unit
US$: United States dollar

Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the
secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its
frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any
express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of
any of the tables in UNCTADstat.

Generation date: 21 September 2023