Deposit interest rate in Aruba
Aruba: Deposit interest rate was 2.8% in 2023. ▼ Falling
Deposit interest rate in Aruba, 1986–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2023, deposit interest rate in Aruba stood at 2.8%.
The figure is up 55.6% on the previous year and down 12.5% over ten years.
Over the whole period, deposit interest rate in Aruba peaked at 6.7% in 1988 and was at its lowest, 1.2%, in 2018.
That places Aruba 84th out of 153 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Deposit interest rate in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 1986 | 6.4% | — |
| 1987 | 6.6% | +2.9% |
| 1988 | 6.7% | +1.8% |
| 1989 | 6.7% | +0.0% |
| 1990 | 6.7% | +0.0% |
| 1991 | 6.5% | -2.2% |
| 1992 | 5.9% | -10.1% |
| 1993 | 5.0% | -15.6% |
| 1994 | 4.0% | -19.8% |
| 1995 | 4.4% | +9.4% |
| 1996 | 4.3% | -2.3% |
| 1997 | 4.4% | +2.1% |
| 1998 | 4.9% | +12.4% |
| 1999 | 6.2% | +25.9% |
| 2000 | 6.2% | +0.5% |
| 2001 | 6.5% | +4.8% |
| 2002 | 6.2% | -4.6% |
| 2003 | 5.1% | -17.7% |
| 2004 | 3.1% | -39.2% |
| 2005 | 4.1% | +32.3% |
| 2006 | 4.4% | +7.3% |
| 2007 | 4.5% | +2.3% |
| 2008 | 4.2% | -6.7% |
| 2009 | 3.4% | -19.0% |
| 2010 | 1.9% | -44.1% |
| 2011 | 1.6% | -15.8% |
| 2012 | 1.4% | -12.5% |
| 2013 | 3.2% | +128.6% |
| 2014 | 2.3% | -28.1% |
| 2015 | 1.9% | -17.4% |
| 2016 | 2.0% | +5.3% |
| 2017 | 1.6% | -20.0% |
| 2018 | 1.2% | -25.0% |
| 2019 | 2.2% | +83.3% |
| 2020 | 1.3% | -40.9% |
| 2021 | 1.7% | +30.8% |
| 2022 | 1.8% | +5.9% |
| 2023 | 2.8% | +55.6% |
Aruba compared with similar countries
- Aruba's 2.8% is above the median for high income countries, which is 1.6%, 1.8× the median. (39 countries reporting)
- Aruba's 2.8% is below the median for Latin America & Caribbean, which is 3.4%, 82% of the median. (32 countries reporting)
Biggest year-on-year movements
Years where Deposit interest rate in Aruba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +128.6% | 1.4% | 3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.6% | 6.4% | 6.7% | 4 |
| 1990s | 5.2% | 4.0% | 6.7% | 10 |
| 2000s | 4.8% | 3.1% | 6.5% | 10 |
| 2010s | 1.9% | 1.2% | 3.2% | 10 |
| 2020s | 1.9% | 1.3% | 2.8% | 4 |
Countries ranked near Aruba
More financial sector data for Aruba
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 4.12 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.302 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 12,046 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 4.12 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 12,046 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 11.71 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 14,978 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 12.09 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 15,264 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -16.54 % change on previous year (2023)
Frequently asked questions
- What is deposit interest rate in Aruba?
- Deposit interest rate in Aruba was 2.8% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Aruba?
- The highest recorded value was 6.7% in 1988.
- What is the lowest deposit interest rate recorded in Aruba?
- The lowest recorded value was 1.2% in 2018.
- How does Aruba rank for deposit interest rate?
- Aruba ranks 84th out of 153 countries with data for 2023.
- Is deposit interest rate rising or falling in Aruba?
- Over the last ten years it is down 12.5%. The long-run trend across the full record is falling.
- Where does this Aruba data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.