Aruba
Everything Palanor holds about Aruba, in one place: 38 public signals, what its economy runs on, how often America’s largest companies name it, the news that names it, and Country Posture. Every figure is computed from stored readings and carries its source and date.
North AmericaAmericasLatin America & Caribbean
The latest read
- GDP in current U.S. dollars: $4.17 billion (2024); record high since 1990; 1y +11.2%.
- Household consumption, share of GDP: 49.1% of GDP (2024); record low since 1995; 1y −5.55 pts.
- Net exports, share of GDP: 7.8% of GDP (2024); record high since 1995; 1y +1.80 pts.
Country Posture
What Aruba’s economy is doing
Momentum
2024Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.590 below 0.60; AUC 0.590 below the single-input baseline (0.624); 2010–2022: AUC 0.595 below 0.60; AUC 0.595 below the single-input baseline (0.641).
Inputs
| Real GDP growth | 6.8 |
| Growth against its three-year average | -4.8 |
| Change in unemployment | — |
| Change in the employment rate | — |
| Export volume growth | -17.7 |
| OECD leading indicator | — |
Resilience
2025Withheld: 1 of 5 core inputs reported for 2025.
Inputs
| Interest as a share of revenue | — |
| Budget balance | — |
| Reserves, months of imports | — |
| Current account | — |
| Governance (WGI mean) | 1.06 |
| External debt | — |
Pressure
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.657 below the single-input baseline (0.672).
Inputs
| Inflation | — |
| Change in inflation | — |
| Currency move against the dollar | 0.0% |
| Conflict deaths per million | 0.0 |
| Political stability | 1.27 |
| Private credit, three-year change | — |
| Bond spread over U.S. Treasuries | — |
Posture describes what an economy is doing; it is not a rating and never ranks countries. Each input is read against the country’s own history and against every other economy that year. An axis shows a score only after passing a back-test fixed before any result was computed. Method and back-test.
GDP by expenditure
What Aruba’s economy runs on
In 2024, household spending was 49.1% of GDP, government consumption 17.9%, investment 25.8% and net exports +7.8% (exports 86.0%, imports 78.2%).
World Bank national accounts. The parts can miss 100 by a few points (the statistical discrepancy).
Same World Bank definition for every country, so the shares compare directly: What each economy runs on.
IMF World Economic Outlook
The IMF’s outlook for Aruba
The latest year before the October 2026 edition (often still an IMF estimate) and the IMF’s own projections. These are the IMF’s published forecasts, shown as published; Palanor does not project them further. Since the previous edition the IMF raised its growth forecast for this year by 1.4 percentage points (Palanor calculation).
| Measure | 2025 | 2026 IMF f’cast | 2027 IMF f’cast | 2031 IMF f’cast |
|---|---|---|---|---|
| Real GDP growth% | 6.3 | 3.7 | 2.7 | 1.2 |
| Inflation, average consumer prices% | 0.1 | 1.8 | 2.2 | 2.0 |
| Unemployment rate% of labor force | 4.0 | 3.9 | 4.0 | 4.3 |
| GDP, current US dollarsUS$ bn | 4.4 | 4.7 | 4.9 | 5.6 |
| GDP at purchasing-power parityintl $ bn | 6.0 | 6.5 | 6.8 | 7.8 |
| GDP per person, US dollarsUS$ | 40,534 | 42,934 | 44,957 | 51,619 |
| Current account balance% of GDP | 11.6 | 10.5 | 9.9 | 8.3 |
| Government gross debt% of GDP | 64.8 | 59.6 | 56.1 | 46.7 |
| Government overall balance% of GDP | 4.0 | 2.3 | 1.5 | 1.1 |
| Government primary balance% of GDP | 7.7 | 5.8 | 4.8 | 3.9 |
| Government net interest paid% of GDP · Palanor calc. | 3.8 | 3.5 | 3.3 | 2.8 |
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database, October 2026. Provided by the IMF “as is” and free of charge from the IMF; the IMF does not endorse Palanor. Net interest paid is a Palanor calculation: the IMF's primary balance minus its overall balance.
Company graph
Companies headquartered in Aruba
Palanor’s company graph holds 1 entities headquartered here (GLEIF headquarters address, else legal address).
Signals
Every series about Aruba
Grouped by theme, the most-read first. All 38 in the Library.
Growth and output1
- Aruba · GDP · USD bn (current)record high since 1990; 1y +11.2%$4.17bn2024
Trade and capital flows1
- Aruba · Net International Investment Position, % of GDP (IMF)60th percentile since 1998; highest since 2012; 1y +18.38 pts-106% of GDP2023
Migration1 of 3
- U.S.-Born People Living in Aruba (UN)record high since 1990937 people2024
Peers
Elsewhere in North America
Alphabetical. Palanor does not rank countries.
AnguillaAntigua and BarbudaBahamasBarbadosBelizeBermudaCanadaCayman IslandsCosta RicaCubaCuraçaoDominicaDominican RepublicEl SalvadorGreenlandGrenadaGuadeloupeGuatemalaHaitiHondurasJamaicaMartiniqueMexicoMontserratNicaraguaPanamaPuerto RicoSaint Kitts and NevisSaint LuciaSaint MartinSaint Pierre and MiquelonSaint Vincent and the GrenadinesSint MaartenTrinidad and TobagoTurks and Caicos IslandsUnited StatesVirgin IslandsVirgin Islands