Domestic credit to private sector in Aruba
Aruba: Domestic credit to private sector was 58.0% in 2023. ▲ Rising
Domestic credit to private sector in Aruba, 1986–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Aruba is 58.0%, measured in 2023.
Compared with earlier readings it is down 4.0% on the previous year and down 1.9% over ten years.
Over the whole period, domestic credit to private sector in Aruba peaked at 82.4% in 2020 and was at its lowest, 39.4%, in 1987.
Aruba ranks 60th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Domestic credit to private sector in Aruba, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 39.5% | — |
| 1987 | 39.4% | -0.1% |
| 1988 | 43.8% | +11.0% |
| 1989 | 43.4% | -1.0% |
| 1990 | 44.5% | +2.6% |
| 1991 | 44.2% | -0.6% |
| 1992 | 43.3% | -2.1% |
| 1993 | 40.9% | -5.5% |
| 1994 | 42.4% | +3.8% |
| 1995 | 43.1% | +1.5% |
| 1996 | 45.4% | +5.5% |
| 1997 | 43.2% | -4.8% |
| 1998 | 41.9% | -3.2% |
| 1999 | 44.6% | +6.6% |
| 2000 | 44.8% | +0.4% |
| 2001 | 46.6% | +4.0% |
| 2002 | 50.8% | +9.0% |
| 2003 | 55.0% | +8.3% |
| 2004 | 51.8% | -5.9% |
| 2005 | 54.1% | +4.4% |
| 2006 | 53.9% | -0.3% |
| 2007 | 51.7% | -4.0% |
| 2008 | 50.7% | -2.1% |
| 2009 | 55.9% | +10.3% |
| 2010 | 58.8% | +5.2% |
| 2011 | 56.3% | -4.3% |
| 2012 | 58.7% | +4.3% |
| 2013 | 59.2% | +0.8% |
| 2014 | 60.2% | +1.8% |
| 2015 | 56.6% | -6.0% |
| 2016 | 57.2% | +1.1% |
| 2017 | 57.2% | +0.0% |
| 2018 | 56.0% | -2.2% |
| 2019 | 59.6% | +6.6% |
| 2020 | 82.4% | +38.2% |
| 2021 | 68.4% | -17.0% |
| 2022 | 60.5% | -11.6% |
| 2023 | 58.0% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 41.5% | 39.4% | 43.8% | 4 |
| 1990s | 43.4% | 40.9% | 45.4% | 10 |
| 2000s | 51.5% | 44.8% | 55.9% | 10 |
| 2010s | 58.0% | 56.0% | 60.2% | 10 |
| 2020s | 67.4% | 58.0% | 82.4% | 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 domestic credit to private sector in Aruba?
- Domestic credit to private sector in Aruba was 58.0% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Aruba?
- The highest recorded value was 82.4% in 2020.
- What is the lowest domestic credit to private sector recorded in Aruba?
- The lowest recorded value was 39.4% in 1987.
- How does Aruba rank for domestic credit to private sector?
- Aruba ranks 60th out of 187 countries with data for 2023.
- Is domestic credit to private sector rising or falling in Aruba?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.