Country explorer: Aruba
EXPERIMENTAL
2024
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Overview
Aruba is a sunny, high-income island nation in North America with a very small population. Its economy has been volatile in recent decades, and is based on tourism, oil refining and logistics.
Aruba is known for its stunning white-sand beaches and clear waters.
Economy
Aruba has experienced significant fluctuation in its GDP per capita indicative of an economy with unique volatility compared to its high-income peers, alongside facing inflation rates that highlight challenges in maintaining cost of living stability.
Demographics
Aruba has experienced gradual population growth, consistently positive net migration, a declining fertility rate moving towards below-replacement levels, and an increasing life expectancy, indicating demographic trends similar to those of high-income countries.
Basic needs
Aruba has consistently ensured nearly universal access to electricity for its residents, showcasing its capability to meet basic infrastructure needs similar to high-income countries and setting a distinguished standard of living within its region.
Human development
Aruba has maintained a consistently high literacy rate, indicative of its robust educational achievements and paralleling trends in high-income countries, underscoring a stable and advancing human development landscape.
Environment & energy
Aruba has seen a steady increase in electricity production from renewable sources, especially wind and solar, marking a significant shift towards sustainable energy, although its forest area has remained constant, reflecting a broader focus on environmental sustainability in line with global high-income country trends.
Technology & innovation
Aruba has experienced significant growth in digital connectivity, as reflected by a sharp increase in internet usage and mobile phone subscriptions, indicating a society that is increasingly embracing digital technologies and communications infrastructure, aligning with trends observed in high-income countries.
Culture & society
Aruba has maintained a consistent share of its population born abroad, indicative of its open and multicultural society, while experiencing a gradual increase in its age dependency ratio, suggesting an aging population, trends that reflect both distinct characteristics and common challenges faced by many high-income territories.
Governance
In the absence of specific governance indices data for Aruba over the past two decades, a precise characterisation of its societal transformations or how it distinguishes from or aligns with its peers cannot be conclusively determined from the provided information.