World Factbook

Aruba

Land Aruba (Dutch); Pais Aruba (Papiamento)

Last updated: 2026-03-28 (today)

Budget

revenues

$793 million (2019 est.)

expenditures

$782 million (2019 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2021

$2.201 billion (2021 est.)

Exports 2022

$2.853 billion (2022 est.)

Exports 2023

$3.153 billion (2023 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2021

$1.947 billion (2021 est.)

Imports 2022

$2.429 billion (2022 est.)

Imports 2023

$2.565 billion (2023 est.)

Industries

tourism, petroleum transshipment facilities, banking

Public debt

Public debt 2016

84.7% of GDP (2016 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

1.2% of GDP (2021 est.)

Remittances 2022

1.2% of GDP (2022 est.)

Remittances 2023

1.1% of GDP (2023 est.)

Exchange rates

Currency

Aruban guilders/florins per US dollar -

Exchange rates 2020

1.79 (2020 est.)

Exchange rates 2021

1.79 (2021 est.)

Exchange rates 2022

1.79 (2022 est.)

Exchange rates 2023

1.79 (2023 est.)

Exchange rates 2024

1.79 (2024 est.)

Economic overview

small, tourism-dependent, territorial-island economy; very high public debt; COVID-19 crippled economic activity; partial recovery underway via tourism, benefitting from its high amount of timeshare residences; considering reopening oil refinery

Exports - partners

Jordan 34%, Colombia 31%, USA 7%, Guyana 5%, Slovakia 5% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

USA 53%, Netherlands 15%, China 6%, Colombia 3%, Brazil 3% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2021

$35,700 (2021 est.)

Real GDP per capita 2022

$38,900 (2022 est.)

Real GDP per capita 2023

$40,500 (2023 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2021

24.1% (2021 est.)

Real GDP growth rate 2022

8.5% (2022 est.)

Real GDP growth rate 2023

4.3% (2023 est.)

Agricultural products

aloes; livestock; fish

Exports - commodities

tobacco, gas turbines, refined petroleum, steam turbines, heating machinery (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, tobacco, cars, garments, jewelry (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2021

$79.257 million (2021 est.)

Current account balance 2022

$230.556 million (2022 est.)

Current account balance 2023

$194.498 million (2023 est.)

GDP (official exchange rate)

$3.649 billion (2023 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

52.1% (2023 est.)

government consumption

19.6% (2023 est.)

investment in inventories

0% (2023 est.)

investment in fixed capital

21.5% (2023 est.)

exports of goods and services

88.3% (2023 est.)

imports of goods and services

-81.5% (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2017

-1% (2017 est.)

Inflation rate (consumer prices) 2018

3.6% (2018 est.)

Inflation rate (consumer prices) 2019

4.3% (2019 est.)

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2021

$3.844 billion (2021 est.)

Real GDP (purchasing power parity) 2022

$4.172 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$4.35 billion (2023 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2021

$1.513 billion (2021 est.)

Reserves of foreign exchange and gold 2022

$1.544 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$1.468 billion (2023 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

11.4% (2019 est.)

services

78.3% (2019 est.)

agriculture

0% (2019 est.)