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
| 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
| 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
| 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
|
|
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
| 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
|
|
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 |
|
$896M | 39.3% | $204M | $693M | Business & finance services | Transport & tourism services |
| 2 |
|
$699M | 30.6% | $320M | $379M | Transport & tourism services | Transport & tourism services |
| 3 |
|
$346M | 15.2% | $307M | $39.2M | Manufacturing & construction services | Transport & tourism services |
| 4 |
|
$64.9M | 2.85% | $1.8M | $63.1M | Machinery & equipment | Chemicals & pharma |
| 5 |
|
$55.3M | 2.43% | $103K | $55.2M | Machinery & equipment | Machinery & equipment |
| 6 |
|
$30.5M | 1.34% | $307K | $30.2M | Precious metals & jewellery | Raw agricultural goods |
| 7 |
|
$27.4M | 1.2% | $0 | $27.4M | Animal & marine products | Animal & marine products |
| 8 |
|
$15.6M | 0.68% | $117K | $15.5M | Miscellaneous | Processed food, beverages & tobacco |
| 9 |
|
$14.7M | 0.64% | $236K | $14.4M | Textiles & consumer goods | Machinery & equipment |
| 10 |
|
$9.5M | 0.42% | $103K | $9.39M | Machinery & equipment | Machinery & equipment |
Top 10 exports
|
|
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
|
|
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
|
|
Rank | |
|---|---|---|
| Economic freedom | 78 | 12/197 |
Other economic metrics
|
|
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
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:
- World Bank | Economy & Growth (1985–2025, retrieved 2026-04-06)
- U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
- TradeMap (2020–2023, retrieved 2026-02-08)
- United Nations | World Population Prospects (2026, retrieved 2026-03-10)
- 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.