The services sector dominates Aruba's GDP composition at 55.58%, indicating a strong shift towards a service-oriented economy. Wholesale, retail trade, restaurants, and hotels account for 19.26%, highlighting significant reliance on tourism. Mining, manufacturing, and utilities cover 10%, followed by transport, storage, and communication at 9.32%. Construction and agriculture sectors contribute 5.37% and 0.47% respectively, suggesting limited industrial and agricultural focus. Year-on-year variation and CAGR data show a stable service sector with moderate growth in trade and tourism.
Future trends to watch include potential expansion in the services and tourism sectors driven by increased global travel and possibly a rise in digital and sustainable services, which may alter traditional economic compositions.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 55.58 | 2016 | |
| 2 | 2 Wholesale, retail trade, restaurants and hotels | 19.26 | 2016 | |
| 3 | 3 Mining, Manufacturing, Utilities | 10 | 2016 | |
| 4 | 4 Transport, storage and communication | 9.32 | 2016 | |
| 5 | 5 Construction | 5.37 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 0.47 | 2016 |
