Financial Development Index in Aruba
Aruba: Financial Development Index was 0.2912 in 2020. ▲ Rising
Financial Development Index in Aruba, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Aruba stood at 0.2912.
The figure is up 0.5% on the previous year and up 35.0% over ten years.
Over the whole period, financial development index in Aruba peaked at 0.2987 in 2016 and was at its lowest, 0, in 1980.
That places Aruba 81st out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Aruba, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0.2277 | — |
| 1987 | 0.2397 | +5.3% |
| 1988 | 0.2466 | +2.9% |
| 1989 | 0.243 | -1.5% |
| 1990 | 0.2424 | -0.2% |
| 1991 | 0.2392 | -1.3% |
| 1992 | 0.2312 | -3.4% |
| 1993 | 0.2139 | -7.5% |
| 1994 | 0.1963 | -8.2% |
| 1995 | 0.2106 | +7.3% |
| 1996 | 0.2178 | +3.4% |
| 1997 | 0.2188 | +0.5% |
| 1998 | 0.2107 | -3.7% |
| 1999 | 0.1987 | -5.7% |
| 2000 | 0.2233 | +12.4% |
| 2001 | 0.2219 | -0.6% |
| 2002 | 0.2366 | +6.6% |
| 2003 | 0.2333 | -1.4% |
| 2004 | 0.2219 | -4.9% |
| 2005 | 0.2184 | -1.6% |
| 2006 | 0.2346 | +7.4% |
| 2007 | 0.2282 | -2.7% |
| 2008 | 0.2263 | -0.8% |
| 2009 | 0.2174 | -3.9% |
| 2010 | 0.2158 | -0.8% |
| 2011 | 0.2572 | +19.2% |
| 2012 | 0.2756 | +7.2% |
| 2013 | 0.2854 | +3.6% |
| 2014 | 0.2882 | +1.0% |
| 2015 | 0.2942 | +2.1% |
| 2016 | 0.2987 | +1.5% |
| 2017 | 0.2948 | -1.3% |
| 2018 | 0.2938 | -0.4% |
| 2019 | 0.2899 | -1.3% |
| 2020 | 0.2912 | +0.5% |
Aruba compared with similar countries
- Aruba's 0.2912 is below the median for high income countries, which is 0.4828, 60% of the median. (62 countries reporting)
- Aruba's 0.2912 is above the median for Latin America & Caribbean, which is 0.2814, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0957 | 0 | 0.2466 | 10 |
| 1990s | 0.218 | 0.1963 | 0.2424 | 10 |
| 2000s | 0.2262 | 0.2174 | 0.2366 | 10 |
| 2010s | 0.2794 | 0.2158 | 0.2987 | 10 |
| 2020s | 0.2912 | 0.2912 | 0.2912 | 1 |
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 financial development index in Aruba?
- Financial development index in Aruba was 0.2912 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Aruba?
- The highest recorded value was 0.2987 in 2016.
- What is the lowest financial development index recorded in Aruba?
- The lowest recorded value was 0 in 1980.
- How does Aruba rank for financial development index?
- Aruba ranks 81st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Aruba?
- Over the last ten years it is up 35.0%. The long-run trend across the full record is rising.
- Where does this Aruba data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.