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Aruba Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

4.27% +0.27pp (+6.7%)
Year 2024 Rank #76 Global Peak 19.60% (1986) Source World Bank

Aruba Unemployment Rate (1986–2024)

Overview

Aruba's unemployment rate stood at 4.27% in 2024, a rise of +0.27pp from 2023. The IMF projects 4.37% by 2025. Aruba ranked 76th globally.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 4.83% - -
2029* IMF 4.83% - -
2028* IMF 4.83% - -
2027* IMF 4.76% - -
2026* IMF 4.56% - -
2025* IMF 4.37% - -
2024 4.27% +0.27pp #76
2023 4.00% −0.30pp #72
2022 4.30% −4.50pp #73
2021 8.80% +0.20pp #131
2020 8.60% +3.40pp #126
2019 5.20% −2.10pp #95
2018 7.30% −1.60pp #121
2017 8.90% +1.20pp #134
2016 7.70% +0.40pp #116
2015 7.30% −0.20pp #109
2014 7.50% −0.10pp #112
2013 7.60% −2.00pp #110
2012 9.60% +0.70pp #129
2011 8.90% −1.70pp #126
2010 10.60% +0.30pp #139
Show all years (1986-2024)
* 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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Aruba's unemployment rate?

Aruba's unemployment rate was 4.27% in 2024. Ranked 76th globally. This represents a 6.7% increase from the previous year.

What was the highest unemployment rate in Aruba?

Aruba's unemployment rate peaked at 19.60% in 1986.

What was the lowest unemployment rate in Aruba?

The lowest unemployment rate in Aruba was 1.30% in 1990.

How does Aruba rank in unemployment rate?

Aruba ranks 76th globally in unemployment rate as of 2024.

What is the World Bank indicator code for unemployment rate?

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Aruba in 2025?

Aruba's unemployment rate is projected to reach 4.37% by 2025 based on IMF projection.

What is the unemployment rate of Aruba in 2024?

The unemployment rate of Aruba in 2024 was 4.27%. This ranks 76th in the world.

Cite this page

APA
Aruba Unemployment Rate. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/aruba/unemployment-rate
BibTeX
@misc{historysaid_aruba_unemployment-rate, title = {Aruba Unemployment Rate}, url = {https://historysaid.com/aruba/unemployment-rate}, publisher = {HistorySaid}, year = {2026} }