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Economy of Curacao vs Netherlands compared: GDP & Debt

Updated on by Georank team

Curacao has a GDP of $3.56B compared to $1.21T for the Netherlands, ranking 167/197 and 19/197 by economy size, respectively.

Curacao vs Netherlands GDP by year

Curacao
Netherlands
1x
Year GDP, current $
Curacao Netherlands
2024 $3,561,178,196 $1,214,927,698,573
2023 $3,281,419,347 $1,135,475,867,551
2022 $3,075,180,835 $1,046,540,797,549
2021 $2,739,594,360 $1,054,472,123,450
2020 $2,534,327,592 $932,560,861,701
2019 $3,026,124,116 $928,903,005,576
2018 $3,046,364,820 $929,733,599,797
2017 $3,033,433,248 $848,233,537,846
2016 $3,024,690,188 $797,163,949,290
2015 $3,058,779,212 $775,743,675,303
2014 $3,059,406,995 $901,556,501,756
2013 $3,033,568,606 $883,951,539,007
2012 $3,012,836,257 $845,689,017,066
2011 $2,930,092,237 $913,140,741,333
2010 $2,951,342,793 $852,464,982,433
2009 $2,869,153,184 $878,954,223,140
2008 $2,833,476,145 $957,901,566,041
2007 $2,593,831,508 $853,499,460,873
2006 $2,457,581,732 $737,593,995,289
2005 $2,344,637,263 $688,133,699,636
2004 $2,237,160,503 $661,224,886,143
2003 $2,202,117,374 $582,435,617,082
2002 $2,160,784,693 $475,529,972,123
2001 $2,143,450,726 $432,536,219,669
2000 $2,120,511,229 $417,649,282,154
1999 - $447,778,514,140
1998 - $438,612,530,549
1997 - $417,506,211,882
1996 - $451,372,549,020
1995 - $452,967,334,614
1994 - $379,688,232,232
1993 - $354,070,495,966
1992 - $363,497,050,125
1991 - $327,982,316,124
1990 - $318,799,003,994
1989 - $258,716,904,292
1988 - $262,295,966,105
1987 - $245,406,949,521
1986 - $201,157,708,221
1985 - $144,057,523,222
1984 - $144,124,462,912
1983 - $153,671,294,109
1982 - $158,712,765,536
1981 - $164,375,775,854
1980 - $195,439,301,707
1979 - $179,933,827,310
1978 - $156,089,077,205
1977 - $127,203,923,857
1976 - $109,329,386,564
1975 - $100,397,061,694
1974 - $87,371,810,804
1973 - $71,946,639,603
1972 - $54,787,070,173
1971 - $44,644,730,576
1970 - $38,220,884,519
1969 - $34,086,038,090
1968 - $30,097,635,751
1967 - $27,143,828,099
1966 - $24,741,480,717
1965 - $22,721,869,808
1964 - $20,232,048,553
1963 - $17,193,744,109
1962 - $15,847,582,341
1961 - $14,599,836,396
1960 - $13,282,979,015

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Curacao vs Netherlands by year

Curacao
GDP per capita

GDP per capita, PPP
Netherlands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Curacao Netherlands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $22,833 $32,693 $67,520 $86,174
2023 $21,218 $30,652 $63,516 $81,729
2022 $20,057 $28,641 $59,123 $78,630
2021 $17,796 $24,906 $60,142 $68,574
2020 $16,300 $21,722 $53,468 $62,597
2019 $19,221 $25,397 $53,555 $62,345
2018 $19,119 $24,623 $53,955 $58,819
2017 $18,938 $24,322 $49,514 $56,038
2016 $18,944 $23,650 $46,809 $53,162
2015 $19,362 $24,038 $45,794 $50,957
2014 $19,623 $24,348 $53,457 $49,751
2013 $19,721 $24,822 $52,602 $49,622
2012 $19,810 $25,106 $50,474 $47,653
2011 $19,426 $26,251 $54,702 $47,004
2010 $19,847 $25,957 $51,306 $45,301
2009 $19,540 $25,950 $53,172 $44,959
2008 $19,423 $26,098 $58,247 $46,714
2007 $18,006 $25,374 $52,101 $44,203
2006 $17,400 $24,590 $45,124 $41,208
2005 $17,032 $24,081 $42,165 $37,778
2004 $16,671 $23,791 $40,611 $35,961
2003 $16,696 $23,522 $35,897 $34,286
2002 $16,724 $23,480 $29,447 $34,568
2001 $16,610 $23,057 $26,956 $33,259
2000 $15,841 $21,891 $26,225 $31,895
1999 - - $28,319 $29,316
1998 - - $27,924 $27,749
1997 - - $26,745 $26,062
1996 - - $29,064 $24,564
1995 - - $29,301 $23,480
1994 - - $24,683 $22,414
1993 - - $23,156 $21,443
1992 - - $23,939 $20,831
1991 - - $21,764 $20,177
1990 - - $21,322 $19,203
1989 - - $17,423 -
1988 - - $17,771 -
1987 - - $16,734 -
1986 - - $13,804 -
1985 - - $9,941 -
1984 - - $9,992 -
1983 - - $10,696 -
1982 - - $11,089 -
1981 - - $11,537 -
1980 - - $13,812 -
1979 - - $12,817 -
1978 - - $11,196 -
1977 - - $9,180 -
1976 - - $7,937 -
1975 - - $7,346 -
1974 - - $6,450 -
1973 - - $5,353 -
1972 - - $4,110 -
1971 - - $3,384 -
1970 - - $2,931 -
1969 - - $2,647 -
1968 - - $2,364 -
1967 - - $2,155 -
1966 - - $1,986 -
1965 - - $1,848 -
1964 - - $1,668 -
1963 - - $1,437 -
1962 - - $1,342 -
1961 - - $1,254 -
1960 - - $1,156 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Curacao's GDP per capita is $22,833, ranking 56/197, compared to $67,520 in the Netherlands, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Curacao ranks 70th at $32,693, while the Netherlands ranks 11th at $86,174.

Economic indicators

Curacao Netherlands
Gross domestic product
$3.56B
2024
$1.21T
2024
GDP rank
167/197
2024
19/197
2024
GDP growth
5.03%
2023-2024
1.08%
2023-2024
GDP per capita
$22,833
2024
$67,520
2024
GDP per capita rank
56/197
2024
13/197
2024
GDP per capita, PPP
$32,693
2024
$86,174
2024
GDP per capita PPP rank
70/197
2024
11/197
2024
Government debt n/a
$532B
2024
Debt-to-GDP ratio n/a
43.8%
2024
Government debt per person n/a
$29,571
2024
Government debt per person rank n/a
24/185
2024
Average annual personal income after taxes
$14,995
2026
$47,815
2026
Market capitalization of domestic companies n/a
$1.1T
2017
Number of millionaires n/a
1,267,000
2025
Number of billionaires n/a
13
2025
Income share by richest 10% n/a
21.4%
2021
Income share by poorest 10% n/a
3.6%
2021
Government expenditure, % of GDP
31%
2025
44.4%
2024
Consumer prices inflation
2.62%
2018-2019
3.35%
2023-2024
Central bank interest rate
4.5%
2025
n/a
Unemployment rate
19.1%
2020
3.64%
2024
Population
155976
18252623

Inflation comparison by year

Inflation
Curacao

Netherlands
1x
Year Consumer prices inflation
Curacao Netherlands
2024 - 3.35%
2023 - 3.84%
2022 - 10%
2021 - 2.68%
2020 - 1.27%
2019 2.62% 2.63%
2018 2.58% 1.7%
2017 1.59% 1.38%
2016 -0.05% 0.32%
2015 -0.48% 0.6%
2014 1.5% 0.98%
2013 1.33% 2.51%
2012 3.18% 2.46%
2011 2.33% 2.34%
2010 2.78% 1.28%
2009 1.75% 1.19%
2008 6.88% 2.49%
2007 3% 1.61%
2006 3.11% 1.1%
2005 4.12% 1.69%
2004 1.38% 1.26%
2003 1.63% 2.09%
2002 0.39% 3.29%
2001 1.79% 4.16%
2000 - 2.36%
1999 - 2.16%
1998 - 1.96%
1997 - 2.11%

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

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

Over the past 19 years, Curacao has recorded an average annual inflation rate of 2.18%, compared with 1.85% in the Netherlands. In 2019, inflation was 2.62% in Curacao and 3.35% in the Netherlands.

Top exports between countries

Curacao
Export category Export value
Transport & tourism services $174M
Business & finance services $70.9M
Government & miscellaneous services $37.2M
Manufacturing & construction services $18.5M
IT & IP services $7.91M
Machinery & equipment $5.45M
Miscellaneous $3.8M
Processed food, beverages & tobacco $851K
Metals $353K
Chemicals & pharma $347K
Netherlands
Export category Export value
Machinery & equipment $102M
Processed food, beverages & tobacco $75.9M
Chemicals & pharma $48.6M
Textiles & consumer goods $35.8M
Metals $30.2M
Animal & marine products $18M
Miscellaneous $17.3M
Raw materials & minerals $11.2M
Raw agricultural goods $10.7M
Wood & paper products $8.29M

Balance of trade

Curacao Netherlands
Current account balance
-$655M
2023
$111B
2024
Current account balance ranking
113/190
2023
5/190
2024
Current account balance, % of GDP
-20%
2023
+9.13%
2024
Goods imports
$1.83B
2023
$606B
2024
Goods exports
$560M
2023
$693B
2024
Service imports
$935M
2023
$262B
2024
Service exports
$1.55B
2023
$308B
2024
Imports of goods and services, % of GDP
92%
2018
71.4%
2024
Exports of goods and services, % of GDP
63.2%
2018
82.4%
2024

Economic freedom indices

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

Curacao Netherlands
Economic freedom 78 78.5
Economic freedom ranking 12/197 11/197
Property rights n/a 96
Government integrity n/a 86.8
Judicial effectiveness n/a 96.1
Tax burden n/a 54
Government spending n/a 42.2
Fiscal health n/a 95.9
Business freedom n/a 85
Labor freedom n/a 59.3
Monetary freedom n/a 77
Trade freedom n/a 79.4
Investment freedom n/a 90
Financial freedom n/a 80

Other economic metrics

Curacao Netherlands
Services, % of GDP
72.3%
2024
70.5%
2024
Industry, % of GDP
12.2%
2024
17.5%
2024
Agriculture, forestry, and fishing, % of GDP
0.28%
2024
1.73%
2024
GNI, Atlas method
$3.52B
2024
$1.12T
2024
GNI per capita, PPP
$33,300
2024
$84,970
2024
Total reserves including gold n/a
$79.1B
2024
Total reserves ranking n/a
34/177
2024
Net foreign direct investment
-$129M
2023
$11.1B
2024
Net inflows of foreign direct investment
$155M
2024
-$17.1B
2024
Net outflows of foreign direct investment
$8.09M
2024
-$5.93B
2024
Poverty at national poverty lines n/a
14.5%
2021
Gross capital formation, % of GDP
41.1%
2018
19.7%
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/netherlands | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. TradeMap (2010–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  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.