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Economy of Curacao vs Japan compared: GDP & Debt

Updated on by Georank

Curacao has a GDP of $3.56B compared to $4.44T for Japan, ranking 168/197 and 4/197 by economy size, respectively.

Curacao vs Japan GDP by year

Curacao
Japan
1x
Year GDP, current $
Curacao Japan
2025 - $4,435,162,999,977
2024 $3,561,178,212 $4,190,008,188,359
2023 $3,281,419,330 $4,384,854,269,962
2022 $3,075,180,838 $4,447,976,207,315
2021 $2,739,594,358 $5,225,933,520,753
2020 $2,534,327,598 $5,189,197,543,645
2019 $3,026,124,134 $5,245,755,000,479
2018 $3,046,364,804 $5,154,293,721,630
2017 $3,033,433,240 $5,038,231,631,661
2016 $3,024,690,168 $5,110,357,383,254
2015 $3,058,779,218 $4,534,438,580,495
2014 $3,059,406,983 $4,985,763,289,561
2013 $3,033,568,603 $5,272,297,037,397
2012 $3,012,836,257 $6,333,803,928,788
2011 $2,930,092,235 $6,279,422,550,219
2010 $2,951,342,793 $5,811,578,109,447
2009 $2,869,153,184 $5,336,765,697,589
2008 $2,833,476,145 $5,160,197,175,876
2007 $2,593,831,508 $4,624,670,179,655
2006 $2,457,581,732 $4,648,058,930,707
2005 $2,344,637,263 $4,875,648,486,366
2004 $2,237,160,503 $4,941,485,123,807
2003 $2,202,117,374 $4,573,413,206,709
2002 $2,160,784,693 $4,245,946,980,572
2001 $2,143,450,726 $4,438,792,748,062
2000 $2,120,511,229 $5,042,381,838,343
1999 - $4,688,983,449,627
1998 - $4,150,359,076,370
1997 - $4,579,780,793,432
1996 - $5,021,441,618,840
1995 - $5,639,649,753,986
1994 - $5,104,063,486,348
1993 - $4,632,480,515,091
1992 - $4,064,529,567,505
1991 - $3,724,887,648,862
1990 - $3,252,994,239,867
1989 - $3,174,934,735,896
1988 - $3,191,546,727,316
1987 - $2,635,094,473,494
1986 - $2,164,729,071,349
1985 - $1,457,070,301,468
1984 - $1,374,165,212,365
1983 - $1,297,622,008,229
1982 - $1,183,132,285,328
1981 - $1,271,443,597,067
1980 - $1,153,159,955,513
1979 - $1,100,608,979,757
1978 - $1,057,419,758,047
1977 - $752,590,681,822
1976 - $611,495,350,304
1975 - $544,082,569,364
1974 - $500,355,087,138
1973 - $450,756,970,744
1972 - $331,776,379,992
1971 - $250,530,994,765
1970 - $221,798,003,144
1969 - $188,179,852,753
1968 - $160,201,483,788
1967 - $135,265,319,098
1966 - $115,427,351,851
1965 - $99,387,878,008
1964 - $89,332,989,729
1963 - $75,945,582,324
1962 - $66,356,388,224
1961 - $58,472,696,006
1960 - $48,417,804,545

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Curacao vs Japan by year

Curacao
GDP per capita

GDP per capita, PPP
Japan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Curacao Japan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $35,951 -
2024 $22,833 $32,693 $33,797 $52,039
2023 $21,218 $30,652 $35,215 $50,662
2022 $20,057 $28,641 $35,548 $47,192
2021 $17,796 $24,906 $41,581 $44,355
2020 $16,300 $21,722 $41,099 $42,426
2019 $19,221 $25,397 $41,425 $42,678
2018 $19,119 $24,623 $40,645 $42,142
2017 $18,938 $24,322 $39,680 $41,444
2016 $18,944 $23,650 $40,215 $40,597
2015 $19,362 $24,038 $35,665 $40,899
2014 $19,623 $24,348 $39,173 $39,555
2013 $19,721 $24,822 $41,369 $39,402
2012 $19,810 $25,106 $49,627 $37,606
2011 $19,426 $26,251 $49,122 $36,214
2010 $19,847 $25,957 $45,378 $35,336
2009 $19,540 $25,950 $41,678 $33,543
2008 $19,423 $26,098 $40,294 $35,274
2007 $18,006 $25,374 $36,130 $35,015
2006 $17,400 $24,590 $36,354 $33,632
2005 $17,032 $24,081 $38,159 $32,170
2004 $16,671 $23,791 $38,678 $30,832
2003 $16,696 $23,522 $35,809 $29,392
2002 $16,724 $23,480 $33,316 $28,624
2001 $16,610 $23,057 $34,910 $27,943
2000 $15,841 $21,891 $39,753 $27,288
1999 - - $37,029 $25,736
1998 - - $32,835 $25,508
1997 - - $36,331 $25,619
1996 - - $39,930 $24,999
1995 - - $44,947 $23,858
1994 - - $40,774 $22,823
1993 - - $37,111 $22,168
1992 - - $32,667 $21,825
1991 - - $30,048 $21,227
1990 - - $26,345 $19,912
1989 - - $25,798 -
1988 - - $26,037 -
1987 - - $21,587 -
1986 - - $17,819 -
1985 - - $12,058 -
1984 - - $11,443 -
1983 - - $10,876 -
1982 - - $9,986 -
1981 - - $10,806 -
1980 - - $9,872 -
1979 - - $9,497 -
1978 - - $9,202 -
1977 - - $6,609 -
1976 - - $5,422 -
1975 - - $4,876 -
1974 - - $4,542 -
1973 - - $4,147 -
1972 - - $3,095 -
1971 - - $2,370 -
1970 - - $2,145 -
1969 - - $1,841 -
1968 - - $1,586 -
1967 - - $1,354 -
1966 - - $1,168 -
1965 - - $1,015 -
1964 - - $922 -
1963 - - $792 -
1962 - - $699 -
1961 - - $622 -
1960 - - $519 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Curacao's GDP per capita is $22,833, ranking 56/197, compared to $35,951 in Japan, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Curacao ranks 70th at $32,693, while Japan ranks 41st at $52,039.

Economic indicators

Curacao Japan
Gross domestic product
$3.56B
2024
$4.44T
2025
GDP rank
168/197
2024
4/197
2025
GDP growth
5.03%
2023-2024
1.19%
2024-2025
GDP per capita
$22,833
2024
$35,951
2025
GDP per capita rank
56/197
2024
34/197
2025
GDP per capita, PPP
$32,693
2024
$52,039
2024
GDP per capita PPP rank
70/197
2024
41/197
2024
Government debt n/a
$9.16T
2025
Debt-to-GDP ratio n/a
206.5%
2025
Government debt per person n/a
$74,248
2025
Government debt per person rank n/a
3/185
2025
Average annual personal income after taxes
$15,072
2026
$22,962
2026
Market capitalization of domestic companies n/a
$7.61T
2025
Number of millionaires n/a
2,902,000
2026
Number of billionaires n/a
41
2026
Income share by richest 10% n/a
24.3%
2020
Income share by poorest 10% n/a
2.3%
2020
Government expenditure, % of GDP
31%
2026
36.9%
2025
Consumer prices inflation
2.62%
2018-2019
3.17%
2024-2025
Central bank interest rate
4.5%
2025
0.75%
2025
Unemployment rate
19.1%
2020
2.5%
2025
Population
156236
122704252

Inflation comparison by year

Inflation
Curacao

Japan
1x
Year Consumer prices inflation
Curacao Japan
2025 - 3.17%
2024 - 2.74%
2023 - 3.27%
2022 - 2.5%
2021 - -0.23%
2020 - -0.02%
2019 2.62% 0.47%
2018 2.58% 0.99%
2017 1.59% 0.48%
2016 -0.05% -0.13%
2015 -0.48% 0.8%
2014 1.5% 2.76%
2013 1.33% 0.34%
2012 3.18% -0.04%
2011 2.33% -0.27%
2010 2.78% -0.73%
2009 1.75% -1.35%
2008 6.88% 1.38%
2007 3% 0.06%
2006 3.11% 0.25%
2005 4.12% -0.28%
2004 1.38% -0.009%
2003 1.63% -0.26%
2002 0.39% -0.92%
2001 1.79% -0.74%
2000 - -0.68%
1999 - -0.34%
1998 - 0.66%
1997 - 1.75%

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

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

Over the past 19 years, Curacao has recorded an average annual inflation rate of 2.18%, compared with 0.15% in Japan. In 2019, inflation was 2.62% in Curacao and 3.17% in Japan.

Top exports between countries

Curacao
Export category Export value
Textiles & consumer goods $1K
Japan
Export category Export value
Machinery & equipment $40.1M
Miscellaneous $1.09M
Textiles & consumer goods $78K
Precious metals & jewellery $57K
Metals $38K
Raw materials & minerals $27K
Chemicals & pharma $19K
Processed food, beverages & tobacco $13K
Wood & paper products $8K
Animal & marine products $4K

Balance of trade

Curacao Japan
Current account balance
-$655M
2023
$216B
2025
Current account balance ranking
106/190
2023
3/190
2025
Current account balance, % of GDP
-20%
2023
+4.86%
2025
Goods imports
$1.83B
2023
$729B
2025
Goods exports
$560M
2023
$725B
2025
Service imports
$935M
2023
$269B
2025
Service exports
$1.55B
2023
$246B
2025
Imports of goods and services, % of GDP
92%
2018
22.9%
2024
Exports of goods and services, % of GDP
63.2%
2018
22%
2024

Economic freedom indices

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

Curacao Japan
Economic freedom 78 70.3
Economic freedom ranking 12/197 36/197
Property rights n/a 94.2
Government integrity n/a 81.1
Judicial effectiveness n/a 97.9
Tax burden n/a 63
Government spending n/a 52
Fiscal health n/a 41.7
Business freedom n/a 77.8
Labor freedom n/a 65.9
Monetary freedom n/a 74.3
Trade freedom n/a 76.2
Investment freedom n/a 60
Financial freedom n/a 60

Other economic metrics

Curacao Japan
Services, % of GDP
72.3%
2024
71.4%
2024
Industry, % of GDP
12.2%
2024
26.8%
2024
Agriculture, forestry, and fishing, % of GDP
0.28%
2024
0.96%
2024
GNI, Atlas method
$3.52B
2024
$4.73T
2025
GNI per capita, PPP
$33,330
2024
$58,920
2025
Total reserves including gold n/a
$1.37T
2025
Total reserves ranking n/a
3/177
2025
Net foreign direct investment
-$129M
2023
$172B
2025
Net inflows of foreign direct investment
$155M
2024
$18.9B
2024
Net outflows of foreign direct investment
$8.09M
2024
$207B
2024
Poverty at national poverty lines n/a
16.1%
2020
Gross capital formation, % of GDP
41.1%
2018
27.7%
2024

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/japan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2026, 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 (2020–2025, 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)
  8. Central Intelligence Agency (CIA) (2020, 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.

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.