Aruba: Trade (% of GDP)
In , Aruba's Trade (% of GDP) was 160.37.
That's up 0.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Aruba ranks #12 globally out of 160 reporting countries. Within Latin America & Caribbean, it ranks #1 of 24.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 160.63
- Trough
- 122.72
- 1-year change
- +0.8%
- 5-year change
- +16.2%
- +3.1% / yr
- 10-year change
- +2.5%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 160.3653 | |
| 159.0186 | |
| 160.6345 | |
| 139.9178 | |
| 122.7237 | |
| 137.9619 | |
| 138.8250 | |
| 138.7166 | |
| 136.8873 | |
| 140.4930 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Aruba's Trade (% of GDP) in 2024?
- In 2024, Aruba's Trade (% of GDP) was 160.37, according to World Bank Open Data.
- Is Aruba's Trade (% of GDP) rising or falling?
- Aruba's Trade (% of GDP) rose 0.8% from 2023 to 2024.
- How does Aruba rank globally on Trade (% of GDP)?
- In 2024, Aruba ranked #12 out of 160 countries reporting Trade (% of GDP).
- How does Aruba's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Aruba is above the world average. Within Latin America & Caribbean, it ranks #1 of 24.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.