Curacao vs the Philippines: Economic Indicators Comparison

The Philippines with a GDP of $330.9B ranked the 40th largest economy in the world, while Curacao ranked 166th with $3.1B. By GDP per capita, the Philippines and Curacao ranked 134th vs 46th, respectively.

Gross Domestic Product & Income

StatCuracaoPhilippines
GDP$3.1B$330.9B
GDP growth, 1 year-2.17%6.2%
GDP growth, 5-years averageN/A6.4%
Population160k104.9M
GDP per capita$20k$3.1k
GDP per capita growth-1.97%4.77%
Purchasing Power Parity conversion factor1.2618.25
Price level ratio of PPP conversion factor GDP to market exchange rate0.710.35
GDP per capita, PPP adjusted$28k$8.9k
GNI, Atlas method$3.1B$408.8B
GNI per capita$19k$3.8k
GNI, PPP adjusted$4.5B$1.1T
GNI per capita, PPP adjusted$28k$11k

Financial system and Human development

StatCuracaoPhilippines
Income Tax RateN/A35%
Corporate Tax RateN/A30%
Inflation, consumer prices1.6%5.2%
Inflation, GDP deflator2.6%3.8%
Unemployment13.4%2.5%
Economic Freedom Index7864.5
Personal Freedom Index7.37.06
Human Freedom Index7.26.92
Property Rights IndexN/A54.6
Judical Effectiveness IndexN/A34.2
Business Freedom IndexN/A59.5
Fiscal Health IndexN/A96.3
Labor Freedom IndexN/A57.4
Investment Freedom IndexN/A60
Financial Freedom IndexN/A60
Trade Freedom IndexN/A81.6
Monetary Freedom IndexN/A66.9
Government Spending IndexN/A87.9
Tax Burden IndexN/A76.7
Government Integrity IndexN/A38.7
Corruption Perceptions Index7236
Life expectancy at birth, years7871
Suicide mortality rate, per 100,000 people0.53.2
Mortality caused by road traffic injury, per 100,000 people1712.3
Intentional homicides, per 100,000 people19.28.4
International tourism, number of arrivals432k7.2M

Government debt & reserves

StatCuracaoPhilippines
Central government debt, % of GDPN/A39.6%
External debt stocks, % of GNIN/A19.9%
External debt stocksN/A$78.8B
Short-term debt, % of total reservesN/A20.3%
Total debt service, % of exports and primary incomeN/A8.7%
Adjusted net savings including particulate emission damage, % of GNIN/A28.5%
Gross savings, % of GDP22.3%42.4%
Gross capital formation, % of GDPN/A26.9%
Total reserves including goldN/A$79.2B
Foreign direct investment net inflows$126.9M$9.8B

Exports, imports and economic structure

StatCuracaoPhilippines
Exports of goods and services, % of GDP72.2%31.7%
Imports of goods and services, % of GDP85.3%44.4%
Current account balance (balance of payments)-$897.8M-$8.7B
Revenue excluding grants, % of GDPN/A16.3%
Grants excluding technical cooperation, BoPN/A$436.5M
Personal remittances received$155.3M$33.8B
Industry including construction value added, % of GDP16.8%30.7%
Agriculture, forestry and fishing value added, % of GDP0.4%9.3%
Charges for the use of intellectual property, payments BoP$26.7M$917M
Charges for the use of intellectual property, receipts BoP$4.4M$44.1M
Expense, % of GDPN/A14.9%
Government Expenditure, % of GDPN/A20.1%

Compare with countries close by GDP per capita

Curacao vs

CountryGDP
per capita
Population
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M

Philippines vs

CountryGDP
per capita
Population
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M