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Curacao economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Curacao ranked 167/197 by economy size with a GDP of $3.56B and 56/197 by GDP per capita at $22,833.

In 2024, Curacao made up 0.003% of the world's economy, compared to 0.006% in 2000.

Curacao GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2024 $3,561,178,196 5.03%
2023 $3,281,419,347 4.2%
2022 $3,075,180,835 6.91%
2021 $2,739,594,360 4.18%
2020 $2,534,327,592 -18.4%
2019 $3,026,124,116 -3.21%
2018 $3,046,364,820 -2.1%
2017 $3,033,433,248 -1.28%
2016 $3,024,690,188 -1.07%
2015 $3,058,779,212 0.46%
2014 $3,059,406,995 -0.64%
2013 $3,033,568,606 -0.64%
2012 $3,012,836,257 -0.35%
2011 $2,930,092,237 0.51%
2010 $2,951,342,793 0.08%
2009 $2,869,153,184 -0.53%
2008 $2,833,476,145 2.19%
2007 $2,593,831,508 2.47%
2006 $2,457,581,732 1.64%
2005 $2,344,637,263 0.68%
2004 $2,237,160,503 0.21%
2003 $2,202,117,374 0.29%
2002 $2,160,784,693 0.4%
2001 $2,143,450,726 -0.7%
2000 $2,120,511,229 -

Data sources: World Bank | Economy & Growth (2000–2024, retrieved 2026-04-06).

GeoRank.org/economy/curacao | CC BY

Curacao GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2024 $22,833 $32,693
2023 $21,218 $30,652
2022 $20,057 $28,641
2021 $17,796 $24,906
2020 $16,300 $21,722
2019 $19,221 $25,397
2018 $19,119 $24,623
2017 $18,938 $24,322
2016 $18,944 $23,650
2015 $19,362 $24,038
2014 $19,623 $24,348
2013 $19,721 $24,822
2012 $19,810 $25,106
2011 $19,426 $26,251
2010 $19,847 $25,957
2009 $19,540 $25,950
2008 $19,423 $26,098
2007 $18,006 $25,374
2006 $17,400 $24,590
2005 $17,032 $24,081
2004 $16,671 $23,791
2003 $16,696 $23,522
2002 $16,724 $23,480
2001 $16,610 $23,057
2000 $15,841 $21,891

Data sources: World Bank | Economy & Growth (2000–2024, retrieved 2026-04-06).

GeoRank.org/economy/curacao | CC BY

Curacao has a GDP per capita of $22,833, ranking 56/197, a GDP per capita based on purchasing power parity (PPP) of $32,693, ranking 70/197, and a median annual after tax income of $14,995, ranking 57/197.

Curacao GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2024 159 53 64
2023 165 55 65
2022 166 54 64
2021 167 54 64
2020 166 52 65
2019 165 49 62
2018 165 51 59
2017 164 46 58
2016 164 43 58
2015 165 43 55
2014 166 48 55
2013 166 47 50
2012 164 47 48
2011 163 46 45
2010 163 45 47
2009 164 42 49
2008 163 45 49
2007 162 45 48
2006 161 41 46
2005 157 39 41
2004 155 38 41
2003 149 34 37
2002 145 33 36
2001 143 31 34
2000 143 31 34

Data sources: World Bank | Economy & Growth (2000–2024, retrieved 2026-04-06).

GeoRank.org/economy/curacao | CC BY

Compared with 2000, in 2024 Curacao is ranked 159th out of 182 by GDP (down from 143rd), 53rd by GDP per capita (down from 31st), and 64th by GDP per capita PPP (down from 34th).

Economic indicators

Curacao Rank
Gross domestic product
$3.56B
2024
167/197
GDP growth
5.03%
2023-2024
37/194
GDP per capita
$22,833
2024
56/197
GDP per capita, PPP
$32,693
2024
70/197
Average annual personal income after taxes
$14,995
2026
57/197
Government expenditure, % of GDP
31%
2025
91/195
Consumer prices inflation
2.62%
2018-2019
118/195
Central bank interest rate
4.5%
2025
64/106
Unemployment rate
19.1%
2020
11/196
Population
155976
179/197

Inflation rate by year

1x
Year Inflation
2019 2.62%
2018 2.58%
2017 1.59%
2016 -0.05%
2015 -0.48%
2014 1.5%
2013 1.33%
2012 3.18%
2011 2.33%
2010 2.78%
2009 1.75%
2008 6.88%
2007 3%
2006 3.11%
2005 4.12%
2004 1.38%
2003 1.63%
2002 0.39%
2001 1.79%

Data sources: World Bank | Economy & Growth (2001–2019, retrieved 2026-04-06).

GeoRank.org/economy/curacao | CC BY

Over the past 19 years, Curacao has had an average annual inflation rate of 2.18%. In 2019, inflation was 2.62%. The bar chart above shows consumer price inflation by year.

Balance of trade

Curacao Rank
Current account balance
-$655M
2023
113/190
Current account balance, % of GDP
-20%
2023
182/190
Goods imports
$1.83B
2023
155/189
Goods exports
$560M
2023
158/189
Service imports
$935M
2023
149/189
Service exports
$1.55B
2023
115/189
Imports of goods and services, % of GDP
92%
2018
15/181
Exports of goods and services, % of GDP
63.2%
2018
39/193

Curacao top 10 trading partners

Curacao's biggest trading partner accounting for 39.3% of all exports and imports is the United States, with a trade balance between the two of -$489M: Curacao exports $204M worth of goods and services to the United States and imports $693M.

Below is the list of the top 10 trade partners of Curacao.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 United States $896M 39.3% $204M $693M Business & finance services Transport & tourism services
2 Netherlands $699M 30.6% $320M $379M Transport & tourism services Transport & tourism services
3 Venezuela $346M 15.2% $307M $39.2M Manufacturing & construction services Transport & tourism services
4 Panama $64.9M 2.85% $1.8M $63.1M Machinery & equipment Chemicals & pharma
5 China $55.3M 2.43% $103K $55.2M Machinery & equipment Machinery & equipment
6 Colombia $30.5M 1.34% $307K $30.2M Precious metals & jewellery Raw agricultural goods
7 Brazil $27.4M 1.2% $0 $27.4M Animal & marine products Animal & marine products
8 Dominican Republic $15.6M 0.68% $117K $15.5M Miscellaneous Processed food, beverages & tobacco
9 Mexico $14.7M 0.64% $236K $14.4M Textiles & consumer goods Machinery & equipment
10 Germany $9.5M 0.42% $103K $9.39M Machinery & equipment Machinery & equipment

Top 10 exports

Curacao Rank
Transport & tourism services $1.12B 113/188
Business & finance services $159M 117/188
Manufacturing & construction services $48M 101/164
Machinery & equipment $30M 152/193
IT & IP services $15.7M 147/183
Chemicals & pharma $13M 145/193
Processed food, beverages & tobacco $9.41M 164/192
Raw materials & minerals $6.69M 170/193
Metals $5.74M 160/192
Miscellaneous $5.61M 117/191

Top 10 imports

Curacao Rank
Machinery & equipment $322M 165/193
Business & finance services $237M 135/188
Processed food, beverages & tobacco $162M 160/193
Chemicals & pharma $146M 162/193
Transport & tourism services $104M 176/188
Textiles & consumer goods $101M 162/193
Manufacturing & construction services $87.2M 86/163
Animal & marine products $81.6M 143/193
Raw agricultural goods $61M 169/193
Metals $47.1M 174/193

Economic freedom indices

Curacao Rank
Economic freedom 78 12/197

Other economic metrics

Curacao Rank
Services, % of GDP
72.3%
2024
18/191
Industry, % of GDP
12.2%
2024
173/194
Agriculture, forestry, and fishing, % of GDP
0.28%
2024
187/193
GNI, Atlas method
$3.52B
2024
166/194
GNI per capita, PPP
$33,300
2024
63/191
Net foreign direct investment
-$129M
2023
77/189
Net inflows of foreign direct investment
$155M
2024
140/193
Net outflows of foreign direct investment
$8.09M
2024
120/193
Gross capital formation, % of GDP
41.1%
2018
6/178

Compare Curacao vs other countries

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/curacao | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. TradeMap (2020–2023, retrieved 2026-02-08)
  4. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  5. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.