Aruba: Household consumption, percent of GDP

* indicates monthly or quarterly data series

Household consumption as percent of GDP

 Latest value 53.75
 Year 2022
 Measure percent
 Data availability 1995 - 2022
 Average 55.03
 Min - Max 49.39 - 63.35
 Source The World Bank
For that indicator, we provide data for Aruba from 1995 to 2022. The average value for Aruba during that period was 55.03 percent with a minimum of 49.39 percent in 2000 and a maximum of 63.35 percent in 2020. The latest value from 2022 is 53.75 percent. For comparison, the world average in 2022 based on 141 countries is 62.27 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Aruba - Household consumption, percent of GDP - Recent values chart

Historical chart
Aruba - Household consumption, percent of GDP - historical chart - 1995-2022

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 20.55 2022 percent
 Capital investment, in dollars 0.73 2022 billion U.S. dollars
 Household consumption, percent of GDP 53.75 2022 percent
 Household consumption, in dollars 1.91 2022 billion U.S. dollars
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