Real interest rate in Aruba
Aruba: Real interest rate was 2.9% in 2023. ▼ Falling
Real interest rate in Aruba, 1987–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Aruba is 2.9%, measured in 2023.
The figure is up 49.6% on the previous year and down 73.1% over ten years.
Over the whole period, real interest rate in Aruba peaked at 15.9% in 2001 and was at its lowest, 1.9%, in 2022.
Aruba ranks 96th of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Real interest rate in Aruba, year by year
| Year | % | Change |
|---|---|---|
| 1987 | 6.5% | — |
| 1988 | 6.9% | +6.8% |
| 1989 | 6.3% | -9.5% |
| 1990 | 4.6% | -27.1% |
| 1991 | 4.8% | +4.9% |
| 1992 | 6.5% | +36.3% |
| 1993 | 5.0% | -22.9% |
| 1994 | 4.1% | -19.4% |
| 1995 | 7.0% | +72.3% |
| 1996 | 6.9% | -1.4% |
| 1997 | 6.3% | -8.4% |
| 1998 | 4.2% | -33.9% |
| 1999 | 10.7% | +156.8% |
| 2000 | 10.9% | +1.9% |
| 2001 | 15.9% | +45.5% |
| 2002 | 6.6% | -58.6% |
| 2003 | 7.4% | +12.9% |
| 2004 | 6.6% | -11.0% |
| 2005 | 5.6% | -14.5% |
| 2006 | 5.8% | +3.0% |
| 2007 | 5.0% | -14.4% |
| 2008 | 6.0% | +20.2% |
| 2009 | 8.8% | +47.9% |
| 2010 | 11.7% | +31.9% |
| 2011 | 4.8% | -58.8% |
| 2012 | 8.2% | +70.8% |
| 2013 | 10.7% | +30.6% |
| 2014 | 6.4% | -40.5% |
| 2015 | 4.4% | -30.6% |
| 2016 | 7.5% | +68.7% |
| 2017 | 6.1% | -17.7% |
| 2018 | 3.3% | -46.8% |
| 2019 | 4.7% | +44.3% |
| 2020 | 10.5% | +122.4% |
| 2021 | 4.1% | -61.2% |
| 2022 | 1.9% | -52.7% |
| 2023 | 2.9% | +49.6% |
Aruba compared with similar countries
- Aruba's 2.9% is above the median for high income countries, which is 2.7%, 1.1× the median. (42 countries reporting)
- Aruba's 2.9% is below the median for Latin America & Caribbean, which is 4.6%, 63% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.6% | 6.3% | 6.9% | 3 |
| 1990s | 6.0% | 4.1% | 10.7% | 10 |
| 2000s | 7.9% | 5.0% | 15.9% | 10 |
| 2010s | 6.8% | 3.3% | 11.7% | 10 |
| 2020s | 4.8% | 1.9% | 10.5% | 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 real interest rate in Aruba?
- Real interest rate in Aruba was 2.9% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Aruba?
- The highest recorded value was 15.9% in 2001.
- What is the lowest real interest rate recorded in Aruba?
- The lowest recorded value was 1.9% in 2022.
- How does Aruba rank for real interest rate?
- Aruba ranks 96th out of 149 countries with data for 2023.
- Is real interest rate rising or falling in Aruba?
- Over the last ten years it is down 73.1%. 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 Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.