Home Aruba Government Budget Deficit

Aruba Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

1.40% −2.37% (-62.8%)
Year 2025 Rank #20 Global Peak 3.77% (2024) Source IMF WEO

Aruba Budget Deficit (1995–2025)

Overview

Aruba's budget deficit stood at 1.40% in 2025, a decline of +2.37% from 2024. The IMF projects 1.40% by 2025. Aruba ranked 20th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF 1.04% - -
2029* IMF 1.03% - -
2028* IMF 1.02% - -
2027* IMF 1.06% - -
2026* IMF 1.22% - -
2025* IMF 1.40% - -
2025 1.40% −2.37% #20
2024 3.77% +0.68% #174
2023 3.09% +3.59% #173
2022 -0.51% +9.45% #135
2021 -9.96% +6.95% #14
2020 -16.91% −16.66% #8
2019 -0.25% +2.40% #127
2018 -2.64% −0.05% #69
2017 -2.59% −1.13% #86
2016 -1.46% +0.02% #124
2015 -1.48% +5.98% #129
2014 -7.46% −1.41% #12
2013 -6.05% +2.91% #25
2012 -8.96% −2.53% #8
2011 -6.43% −2.94% #23
Show all years (1995-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +24.8% GDP growth 14.7% C/A balance 2.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Aruba matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Aruba's budget deficit?

Aruba's budget deficit was 1.40% in 2025. Ranked 20th globally. This represents a 62.8% decrease from the previous year.

What was the highest budget deficit in Aruba?

Aruba's budget deficit peaked at 3.77% in 2024.

What was the lowest budget deficit in Aruba?

The lowest budget deficit in Aruba was -16.91% in 2020.

How does Aruba rank in budget deficit?

Aruba ranks 20th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Aruba in 2025?

Aruba's budget deficit is projected to reach 1.40% by 2025 based on IMF projection.

What is the budget deficit of Aruba in 2025?

The budget deficit of Aruba in 2025 was 1.40%. This ranks 20th in the world.

Cite this page

APA
Aruba Budget Deficit. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/aruba/budget-deficit
BibTeX
@misc{historysaid_aruba_budget-deficit, title = {Aruba Budget Deficit}, url = {https://historysaid.com/aruba/budget-deficit}, publisher = {HistorySaid}, year = {2026} }