Aruba: Savings, percent of GDP
* indicates monthly or quarterly data series
| Aruba |
Savings as percent of GDP |
|---|---|
| Latest value | 13.88 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1995 - 2023 |
| Average | 13.48 |
| Min - Max | -1.65 - 30.96 |
| Source | The World Bank |
The latest value from 2023 is 13.88 percent, a decline from 14.7 percent in 2022. In comparison, the world average is 22.69 percent, based on data from 153 countries. Historically, the average for Aruba from 1995 to 2023 is 13.48 percent. The minimum value, -1.65 percent, was reached in 2005 while the maximum of 30.96 percent was recorded in 1995.
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* indicates monthly or quarterly data series
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The savings in Aruba and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 10.84 | 2023 | percent |
| Share of manufacturing | 2.36 | 2023 | percent |
| Share of services | 76.28 | 2023 | percent |
| Industry value added | 0.41 | 2023 | billion U.S. dollars |
| Manufacturing value added | 0.09 | 2023 | billion U.S. dollars |
| Services value added | 2.86 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 13.88 | 2023 | percent |
| Savings, in dollars | 0.75 | 2023 | billion U.S. dollars |