Aruba: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Aruba |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | 3.80 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1995 - 2023 |
| Average | -3.29 |
| Min - Max | -18.30 - 4.80 |
| Source | Central Bank of Aruba |
The latest value from 2023 is 3.8 percent, an increase from -1.4 percent in 2022. In comparison, the world average is -2.83 percent, based on data from 143 countries. Historically, the average for Aruba from 1995 to 2023 is -3.29 percent. The minimum value, -18.3 percent, was reached in 2020 while the maximum of 4.8 percent was recorded in 2003.
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 19.90 | 2022 | percent |
| Government spending, in dollars | 0.71 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 3.80 | 2023 | percent |
| Government debt | 85.20 | 2023 | percent |
| Foreign aid | -11.32 | 2004 | million U.S. dollars |