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Economy of Curacao vs Hungary compared: GDP & Debt

Updated on by Georank team

Curacao has a GDP of $3.56B compared to $223B for Hungary, ranking 167/197 and 55/197 by economy size, respectively.

Curacao vs Hungary GDP by year

Curacao
Hungary
1x
Year GDP, current $
Curacao Hungary
2024 $3,561,178,196 $222,722,738,926
2023 $3,281,419,347 $213,240,316,635
2022 $3,075,180,835 $177,002,580,544
2021 $2,739,594,360 $183,282,685,440
2020 $2,534,327,592 $158,468,487,754
2019 $3,026,124,116 $164,936,682,034
2018 $3,046,364,820 $161,184,691,014
2017 $3,033,433,248 $143,335,098,992
2016 $3,024,690,188 $128,983,560,865
2015 $3,058,779,212 $125,244,126,623
2014 $3,059,406,995 $141,128,696,412
2013 $3,033,568,606 $135,646,053,779
2012 $3,012,836,257 $128,470,269,690
2011 $2,930,092,237 $141,712,804,954
2010 $2,951,342,793 $131,898,737,241
2009 $2,869,153,184 $130,807,441,076
2008 $2,833,476,145 $158,228,265,916
2007 $2,593,831,508 $140,123,326,896
2006 $2,457,581,732 $115,604,111,412
2005 $2,344,637,263 $113,098,237,571
2004 $2,237,160,503 $104,015,363,080
2003 $2,202,117,374 $85,190,469,121
2002 $2,160,784,693 $67,636,468,625
2001 $2,143,450,726 $53,800,068,066
2000 $2,120,511,229 $47,275,954,429
1999 - $49,160,204,397
1998 - $48,784,412,624
1997 - $47,398,564,799
1996 - $46,833,767,124
1995 - $46,577,614,589
1994 - $43,307,949,890
1993 - $40,256,233,360
1992 - $38,857,339,125
1991 - $34,867,307,353
1990 - $34,478,360,679
1989 - $30,422,508,938
1988 - $29,799,838,597
1987 - $27,232,016,527
1986 - $24,778,163,812
1985 - $21,510,643,750
1984 - $21,242,726,264
1983 - $21,910,365,258
1982 - $24,141,667,188
1981 - $23,705,883,892
1980 - $23,116,977,148
1979 - $19,959,731,325
1978 - $17,286,744,154
1977 - $14,783,674,055
1976 - $13,235,612,079
1975 - $11,420,392,515
1974 - $10,016,338,179
1973 - $9,138,292,402
1972 - $7,379,313,742
1971 - $6,291,568,221
1970 - $5,780,929,203
1969 - $5,429,812,387
1968 - $4,886,222,555

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

GeoRank.org/economy/curacao/hungary | CC BY

GDP per capita in Curacao vs Hungary by year

Curacao
GDP per capita

GDP per capita, PPP
Hungary
GDP per capita

GDP per capita, PPP
1x
Year Current $
Curacao Hungary
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $22,833 $32,693 $23,292 $48,552
2023 $21,218 $30,652 $22,231 $46,592
2022 $20,057 $28,641 $18,428 $44,366
2021 $17,796 $24,906 $19,031 $38,887
2020 $16,300 $21,722 $16,387 $35,584
2019 $19,221 $25,397 $17,013 $35,627
2018 $19,119 $24,623 $16,605 $32,258
2017 $18,938 $24,322 $14,736 $29,728
2016 $18,944 $23,650 $13,216 $28,179
2015 $19,362 $24,038 $12,783 $26,938
2014 $19,623 $24,348 $14,353 $25,796
2013 $19,721 $24,822 $13,739 $24,592
2012 $19,810 $25,106 $12,950 $23,205
2011 $19,426 $26,251 $14,211 $22,992
2010 $19,847 $25,957 $13,190 $21,691
2009 $19,540 $25,950 $13,051 $20,691
2008 $19,423 $26,098 $15,763 $20,709
2007 $18,006 $25,374 $13,935 $19,089
2006 $17,400 $24,590 $11,478 $18,362
2005 $17,032 $24,081 $11,212 $17,091
2004 $16,671 $23,791 $10,291 $16,251
2003 $16,696 $23,522 $8,410 $15,460
2002 $16,724 $23,480 $6,658 $14,532
2001 $16,610 $23,057 $5,281 $13,223
2000 $15,841 $21,891 $4,630 $11,872
1999 - - $4,802 $10,892
1998 - - $4,752 $10,415
1997 - - $4,606 $9,846
1996 - - $4,542 $9,388
1995 - - $4,509 $9,222
1994 - - $4,187 $8,888
1993 - - $3,887 $8,441
1992 - - $3,747 $8,284
1991 - - $3,361 $8,352
1990 - - $3,324 $9,169
1989 - - $2,902 -
1988 - - $2,812 -
1987 - - $2,566 -
1986 - - $2,331 -
1985 - - $2,020 -
1984 - - $1,991 -
1983 - - $2,050 -
1982 - - $2,255 -
1981 - - $2,213 -
1980 - - $2,158 -
1979 - - $1,865 -
1978 - - $1,618 -
1977 - - $1,388 -
1976 - - $1,249 -
1975 - - $1,083 -
1974 - - $956 -
1973 - - $876 -
1972 - - $710 -
1971 - - $607 -
1970 - - $559 -
1969 - - $527 -
1968 - - $476 -

Data sources: World Bank | Economy & Growth (1968–2024, retrieved 2026-04-06).

GeoRank.org/economy/curacao/hungary | CC BY

Curacao's GDP per capita is $22,833, ranking 56/197, compared to $23,292 in Hungary, ranking 55/197. Adjusted for purchasing power (GDP per capita PPP), Curacao ranks 70th at $32,693, while Hungary ranks 48th at $48,552.

Economic indicators

Curacao Hungary
Gross domestic product
$3.56B
2024
$223B
2024
GDP rank
167/197
2024
55/197
2024
GDP growth
5.03%
2023-2024
0.56%
2023-2024
GDP per capita
$22,833
2024
$23,292
2024
GDP per capita rank
56/197
2024
55/197
2024
GDP per capita, PPP
$32,693
2024
$48,552
2024
GDP per capita PPP rank
70/197
2024
48/197
2024
Government debt n/a
$164B
2024
Debt-to-GDP ratio n/a
73.5%
2024
Government debt per person n/a
$17,109
2024
Government debt per person rank n/a
37/185
2024
Average annual personal income after taxes
$14,995
2026
$16,996
2026
Market capitalization of domestic companies n/a
$41.5B
2024
Number of millionaires n/a
24,692
2025
Number of billionaires n/a
4
2025
Income share by richest 10% n/a
24.4%
2022
Income share by poorest 10% n/a
2.8%
2022
Government expenditure, % of GDP
31%
2025
46.9%
2024
Consumer prices inflation
2.62%
2018-2019
3.7%
2023-2024
Central bank interest rate
4.5%
2025
6.5%
2024
Unemployment rate
19.1%
2020
4.47%
2024
Population
155976
9475525

Inflation comparison by year

Inflation
Curacao

Hungary
1x
Year Consumer prices inflation
Curacao Hungary
2024 - 3.7%
2023 - 17.1%
2022 - 14.6%
2021 - 5.11%
2020 - 3.33%
2019 2.62% 3.34%
2018 2.58% 2.85%
2017 1.59% 2.35%
2016 -0.05% 0.39%
2015 -0.48% -0.06%
2014 1.5% -0.23%
2013 1.33% 1.73%
2012 3.18% 5.65%
2011 2.33% 3.93%
2010 2.78% 4.86%
2009 1.75% 4.21%
2008 6.88% 6.04%
2007 3% 7.96%
2006 3.11% 3.93%
2005 4.12% 3.56%
2004 1.38% 6.74%
2003 1.63% 4.66%
2002 0.39% 5.27%
2001 1.79% 9.12%
2000 - 9.8%
1999 - 10%
1998 - 14.2%
1997 - 18.3%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/curacao/hungary | CC BY

Over the past 19 years, Curacao has recorded an average annual inflation rate of 2.18%, compared with 4.02% in Hungary. In 2019, inflation was 2.62% in Curacao and 3.7% in Hungary.

Top exports between countries

Curacao
Export category Export value
Miscellaneous $424K
Machinery & equipment $193K
Hungary
Export category Export value
Chemicals & pharma $820K
Raw materials & minerals $753K
Machinery & equipment $477K
Processed food, beverages & tobacco $243K
Animal & marine products $218K
Wood & paper products $43K
Miscellaneous $26K
Textiles & consumer goods $5K

Balance of trade

Curacao Hungary
Current account balance
-$655M
2023
$3.52B
2024
Current account balance ranking
113/190
2023
36/190
2024
Current account balance, % of GDP
-20%
2023
+1.58%
2024
Goods imports
$1.83B
2023
$130B
2024
Goods exports
$560M
2023
$129B
2024
Service imports
$935M
2023
$27.9B
2024
Service exports
$1.55B
2023
$38.9B
2024
Imports of goods and services, % of GDP
92%
2018
71.1%
2024
Exports of goods and services, % of GDP
63.2%
2018
75.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Curacao Hungary
Economic freedom 78 62.5
Economic freedom ranking 12/197 86/197
Property rights n/a 67.3
Government integrity n/a 44
Judicial effectiveness n/a 61.9
Tax burden n/a 85.1
Government spending n/a 30.2
Fiscal health n/a 32.7
Business freedom n/a 70.8
Labor freedom n/a 56.5
Monetary freedom n/a 72.1
Trade freedom n/a 79.4
Investment freedom n/a 80
Financial freedom n/a 70

Other economic metrics

Curacao Hungary
Services, % of GDP
72.3%
2024
59.5%
2024
Industry, % of GDP
12.2%
2024
23.7%
2024
Agriculture, forestry, and fishing, % of GDP
0.28%
2024
2.71%
2024
GNI, Atlas method
$3.52B
2024
$199B
2024
GNI per capita, PPP
$33,300
2024
$47,290
2024
Total reserves including gold n/a
$46.4B
2024
Total reserves ranking n/a
42/177
2024
Net foreign direct investment
-$129M
2023
-$15.8B
2024
Net inflows of foreign direct investment
$155M
2024
-$62.2B
2024
Net outflows of foreign direct investment
$8.09M
2024
-$78B
2024
Poverty at national poverty lines n/a
12.1%
2021
Gross capital formation, % of GDP
41.1%
2018
23.5%
2024

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/hungary | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1968–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  4. TradeMap (2020–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.