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Economy of Curacao vs Indonesia compared: GDP & Debt

Updated on by Georank

Curacao has a GDP of $3.56B compared to $1.45T for Indonesia, ranking 168/197 and 17/197 by economy size, respectively.

Curacao vs Indonesia GDP by year

Curacao
Indonesia
1x
Year GDP, current $
Curacao Indonesia
2025 - $1,445,642,584,164
2024 $3,561,178,212 $1,396,301,788,462
2023 $3,281,419,330 $1,371,166,925,750
2022 $3,075,180,838 $1,319,101,183,380
2021 $2,739,594,358 $1,186,509,691,087
2020 $2,534,327,598 $1,059,054,842,698
2019 $3,026,124,134 $1,119,099,871,350
2018 $3,046,364,804 $1,042,271,532,989
2017 $3,033,433,240 $1,015,618,744,160
2016 $3,024,690,168 $931,877,364,038
2015 $3,058,779,218 $860,854,232,686
2014 $3,059,406,983 $890,814,755,534
2013 $3,033,568,603 $912,524,136,718
2012 $3,012,836,257 $917,869,913,333
2011 $2,930,092,235 $892,969,104,563
2010 $2,951,342,793 $755,094,157,622
2009 $2,869,153,184 $539,580,085,612
2008 $2,833,476,145 $510,228,634,992
2007 $2,593,831,508 $432,216,737,775
2006 $2,457,581,732 $364,570,515,618
2005 $2,344,637,263 $285,868,619,196
2004 $2,237,160,503 $256,836,875,295
2003 $2,202,117,374 $234,772,463,824
2002 $2,160,784,693 $195,660,611,165
2001 $2,143,450,726 $160,446,947,785
2000 $2,120,511,229 $165,021,012,078
1999 - $140,001,351,215
1998 - $95,445,547,873
1997 - $215,748,998,610
1996 - $227,369,679,375
1995 - $202,132,028,723
1994 - $176,892,143,932
1993 - $158,006,700,302
1992 - $128,026,966,580
1991 - $116,621,996,217
1990 - $106,140,727,334
1989 - $94,451,427,877
1988 - $84,300,174,486
1987 - $75,929,617,558
1986 - $79,954,072,545
1985 - $85,289,488,375
1984 - $84,853,700,028
1983 - $81,052,283,384
1982 - $90,158,449,295
1981 - $85,518,233,419
1980 - $72,482,337,397
1979 - $51,400,186,343
1978 - $51,455,719,076
1977 - $45,808,915,663
1976 - $37,269,156,627
1975 - $30,463,855,422
1974 - $25,802,409,639
1973 - $16,273,253,012
1972 - $10,997,590,361
1971 - $9,333,536,370
1970 - $9,150,684,932
1969 - $8,337,423,313
1968 - $7,076,465,300
1967 - $5,667,756,628

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

GDP per capita in Curacao vs Indonesia by year

Curacao
GDP per capita

GDP per capita, PPP
Indonesia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Curacao Indonesia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $5,060 -
2024 $22,833 $32,693 $4,925 $16,448
2023 $21,218 $30,652 $4,876 $15,416
2022 $20,057 $28,641 $4,731 $14,285
2021 $17,796 $24,906 $4,287 $12,757
2020 $16,300 $21,722 $3,854 $11,729
2019 $19,221 $25,397 $4,107 $11,986
2018 $19,119 $24,623 $3,861 $11,372
2017 $18,938 $24,322 $3,799 $10,688
2016 $18,944 $23,650 $3,521 $10,263
2015 $19,362 $24,038 $3,288 $10,028
2014 $19,623 $24,348 $3,441 $10,065
2013 $19,721 $24,822 $3,567 $9,866
2012 $19,810 $25,106 $3,632 $9,530
2011 $19,426 $26,251 $3,579 $8,937
2010 $19,847 $25,957 $3,066 $8,353
2009 $19,540 $25,950 $2,218 $7,868
2008 $19,423 $26,098 $2,125 $7,569
2007 $18,006 $25,374 $1,823 $7,096
2006 $17,400 $24,590 $1,558 $6,583
2005 $17,032 $24,081 $1,238 $6,134
2004 $16,671 $23,791 $1,127 $5,700
2003 $16,696 $23,522 $1,043 $5,353
2002 $16,724 $23,480 $881 $5,076
2001 $16,610 $23,057 $732 $4,849
2000 $15,841 $21,891 $764 $4,639
1999 - - $657 $4,386
1998 - - $455 $4,356
1997 - - $1,045 $5,037
1996 - - $1,119 $4,807
1995 - - $1,011 $4,451
1994 - - $900 $4,096
1993 - - $817 $3,793
1992 - - $674 $3,538
1991 - - $624 $3,305
1990 - - $578 $3,044
1989 - - $524 -
1988 - - $477 -
1987 - - $438 -
1986 - - $470 -
1985 - - $511 -
1984 - - $520 -
1983 - - $508 -
1982 - - $578 -
1981 - - $561 -
1980 - - $487 -
1979 - - $353 -
1978 - - $362 -
1977 - - $331 -
1976 - - $275.7 -
1975 - - $231.1 -
1974 - - $200.7 -
1973 - - $129.9 -
1972 - - $90.1 -
1971 - - $78.5 -
1970 - - $79.1 -
1969 - - $74.1 -
1968 - - $64.7 -
1967 - - $53.2 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

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

Curacao's GDP per capita is $22,833, ranking 56/197, compared to $5,060 in Indonesia, ranking 123/197. Adjusted for purchasing power (GDP per capita PPP), Curacao ranks 70th at $32,693, while Indonesia ranks 107th at $16,448.

Economic indicators

Curacao Indonesia
Gross domestic product
$3.56B
2024
$1.45T
2025
GDP rank
168/197
2024
17/197
2025
GDP growth
5.03%
2023-2024
5.11%
2024-2025
GDP per capita
$22,833
2024
$5,060
2025
GDP per capita rank
56/197
2024
123/197
2025
GDP per capita, PPP
$32,693
2024
$16,448
2024
GDP per capita PPP rank
70/197
2024
107/197
2024
Government debt n/a
$593B
2025
Debt-to-GDP ratio n/a
41%
2025
Government debt per person n/a
$2,076
2025
Government debt per person rank n/a
119/185
2025
Average annual personal income after taxes
$15,072
2026
$3,470
2026
Market capitalization of domestic companies n/a
$950B
2025
Number of millionaires n/a
178,605
2024
Number of billionaires n/a
33
2026
Income share by richest 10% n/a
28.7%
2025
Income share by poorest 10% n/a
3.5%
2025
Government expenditure, % of GDP
31%
2026
16.2%
2025
Consumer prices inflation
2.62%
2018-2019
1.91%
2024-2025
Central bank interest rate
4.5%
2025
5.5%
2026
Unemployment rate
19.1%
2020
3.31%
2023
Population
156236
289027659

Inflation comparison by year

Inflation
Curacao

Indonesia
1x
Year Consumer prices inflation
Curacao Indonesia
2025 - 1.91%
2024 - 2.18%
2023 - 3.67%
2022 - 4.21%
2021 - 1.56%
2020 - 1.92%
2019 2.62% 3.03%
2018 2.58% 3.2%
2017 1.59% 3.81%
2016 -0.05% 3.53%
2015 -0.48% 6.36%
2014 1.5% 6.39%
2013 1.33% 6.41%
2012 3.18% 4.28%
2011 2.33% 5.36%
2010 2.78% 5.13%
2009 1.75% 4.39%
2008 6.88% 10.2%
2007 3% 6.41%
2006 3.11% 13.1%
2005 4.12% 10.5%
2004 1.38% 6.06%
2003 1.63% 6.76%
2002 0.39% 11.9%
2001 1.79% 11.5%
2000 - 3.69%
1999 - 20.5%
1998 - 58.5%
1997 - 6.23%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 19 years, Curacao has recorded an average annual inflation rate of 2.18%, compared with 6.75% in Indonesia. In 2019, inflation was 2.62% in Curacao and 1.91% in Indonesia.

Top exports between countries

Curacao
Export category Export value
Indonesia
Export category Export value
Machinery & equipment $7.3M
Textiles & consumer goods $2.47M
Wood & paper products $1.31M
Animal & marine products $821K
Precious metals & jewellery $537K
Chemicals & pharma $357K
Metals $93K
Raw materials & minerals $71K
Processed food, beverages & tobacco $49K
Raw agricultural goods $34K

Balance of trade

Curacao Indonesia
Current account balance
-$655M
2023
-$1.52B
2025
Current account balance ranking
106/190
2023
129/190
2025
Current account balance, % of GDP
-20%
2023
-0.11%
2025
Goods imports
$1.83B
2023
$231B
2025
Goods exports
$560M
2023
$280B
2025
Service imports
$935M
2023
$63B
2025
Service exports
$1.55B
2023
$42.5B
2025
Imports of goods and services, % of GDP
92%
2018
20.5%
2025
Exports of goods and services, % of GDP
63.2%
2018
22.8%
2025

Economic freedom indices

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

Curacao Indonesia
Economic freedom 78 65.1
Economic freedom ranking 12/197 67/197
Property rights n/a 39.7
Government integrity n/a 42
Judicial effectiveness n/a 43.1
Tax burden n/a 81.5
Government spending n/a 91.4
Fiscal health n/a 89.8
Business freedom n/a 69.2
Labor freedom n/a 56.8
Monetary freedom n/a 79.4
Trade freedom n/a 78.6
Investment freedom n/a 50
Financial freedom n/a 60

Other economic metrics

Curacao Indonesia
Services, % of GDP
72.3%
2024
43.9%
2025
Industry, % of GDP
12.2%
2024
38.7%
2025
Agriculture, forestry, and fishing, % of GDP
0.28%
2024
13.1%
2025
GNI, Atlas method
$3.52B
2024
$1.46T
2025
GNI per capita, PPP
$33,330
2024
$17,190
2025
Total reserves including gold n/a
$157B
2025
Total reserves ranking n/a
22/177
2025
Net foreign direct investment
-$129M
2023
-$14.4B
2025
Net inflows of foreign direct investment
$155M
2024
$24.3B
2024
Net outflows of foreign direct investment
$8.09M
2024
$8.39B
2024
Servicing debt to the IMF, % of GNI n/a
5.64%
2024
Poverty at national poverty lines n/a
9%
2024
Gross capital formation, % of GDP
41.1%
2018
30.6%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1967–2026, retrieved 2026-07-08)
  2. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  4. TradeMap (2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

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.