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Economy of Curacao vs Venezuela compared: GDP & Debt

Updated on by Georank

Curacao has a GDP of $3.56B compared to $99.7B for Venezuela, ranking 168/197 and 78/197 by economy size, respectively.

Curacao vs Venezuela GDP by year

Curacao
Venezuela
1x
Year GDP, current $
Curacao Venezuela
2025 - $99,661,244,156
2024 $3,561,178,212 $120,566,112,397
2023 $3,281,419,330 $102,377,501,186
2022 $3,075,180,838 $89,013,251,021
2021 $2,739,594,358 $56,615,026,263
2020 $2,534,327,598 $42,837,965,907
2019 $3,026,124,134 $73,014,157,108
2018 $3,046,364,804 $101,987,075,929
2017 $3,033,433,240 $115,892,475,743
2016 $3,024,690,168 $112,948,035,495
2015 $3,058,779,218 $125,249,941,854
2014 $3,059,406,983 $214,838,755,022
2013 $3,033,568,603 $258,512,396,298
2012 $3,012,836,257 $371,846,610,182
2011 $2,930,092,235 $316,482,190,800
2010 $2,951,342,793 $393,192,354,511
2009 $2,869,153,184 $329,787,628,928
2008 $2,833,476,145 $315,953,388,511
2007 $2,593,831,508 $230,364,012,576
2006 $2,457,581,732 $183,477,522,124
2005 $2,344,637,263 $145,513,489,652
2004 $2,237,160,503 $112,451,400,425
2003 $2,202,117,374 $83,620,628,582
2002 $2,160,784,693 $92,893,587,734
2001 $2,143,450,726 $122,911,036,747
2000 $2,120,511,229 $117,146,466,003
1999 - $97,972,842,462
1998 - $91,336,763,255
1997 - $85,837,678,560
1996 - $70,543,211,119
1995 - $77,389,487,770
1994 - $58,418,666,667
1993 - $60,037,460,783
1992 - $60,416,519,620
1991 - $53,453,444,787
1990 - $48,606,952,195
1989 - $43,536,709,104
1988 - $60,226,413,793
1987 - $48,029,034,483
1986 - $60,516,123,711
1985 - $61,965,466,667
1984 - $59,867,743,468
1983 - $67,556,279,070
1982 - $67,736,744,186
1981 - $66,327,441,860
1980 - $59,116,511,628
1979 - $48,310,930,233
1978 - $39,316,279,070
1977 - $36,210,697,674
1976 - $31,419,534,884
1975 - $27,464,651,163
1974 - $26,100,930,233
1973 - $17,035,581,395
1972 - $13,977,727,273
1971 - $12,986,590,909
1970 - $11,561,111,111
1969 - $10,285,111,111
1968 - $10,034,444,444
1967 - $9,250,000,000
1966 - $8,781,333,333
1965 - $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

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

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

GDP per capita in Curacao vs Venezuela by year

Curacao
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Curacao Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $3,495 -
2024 $22,833 $32,693 $4,244 -
2023 $21,218 $30,652 $3,617 -
2022 $20,057 $28,641 $3,155 -
2021 $17,796 $24,906 $2,005 -
2020 $16,300 $21,722 $1,506 -
2019 $19,221 $25,397 $2,523 -
2018 $19,119 $24,623 $3,422 -
2017 $18,938 $24,322 $3,792 -
2016 $18,944 $23,650 $3,671 -
2015 $19,362 $24,038 $4,097 -
2014 $19,623 $24,348 $7,101 -
2013 $19,721 $24,822 $8,642 -
2012 $19,810 $25,106 $12,582 -
2011 $19,426 $26,251 $10,844 $21,241
2010 $19,847 $25,957 $13,646 $20,236
2009 $19,540 $25,950 $11,597 $20,562
2008 $19,423 $26,098 $11,262 $21,402
2007 $18,006 $25,374 $8,332 $20,236
2006 $17,400 $24,590 $6,739 $18,399
2005 $17,032 $24,081 $5,432 $16,511
2004 $16,671 $23,791 $4,269 $14,757
2003 $16,696 $23,522 $3,230 $12,359
2002 $16,724 $23,480 $3,652 $13,375
2001 $16,610 $23,057 $4,920 $14,714
2000 $15,841 $21,891 $4,776 $14,174
1999 - - $4,071 $13,623
1998 - - $3,870 $14,568
1997 - - $3,711 $14,655
1996 - - $3,113 $13,824
1995 - - $3,487 $13,890
1994 - - $2,689 $13,370
1993 - - $2,825 $13,702
1992 - - $2,907 $13,652
1991 - - $2,633 $12,880
1990 - - $2,452 $11,628
1989 - - $2,250 -
1988 - - $3,191 -
1987 - - $2,611 -
1986 - - $3,376 -
1985 - - $3,549 -
1984 - - $3,520 -
1983 - - $4,079 -
1982 - - $4,202 -
1981 - - $4,228 -
1980 - - $3,874 -
1979 - - $3,257 -
1978 - - $2,727 -
1977 - - $2,585 -
1976 - - $2,309 -
1975 - - $2,078 -
1974 - - $2,034 -
1973 - - $1,367 -
1972 - - $1,155 -
1971 - - $1,106 -
1970 - - $1,015 -
1969 - - $932 -
1968 - - $938 -
1967 - - $893 -
1966 - - $876 -
1965 - - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

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

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

Curacao's GDP per capita is $22,833, ranking 56/197, compared to $3,495 in Venezuela, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Curacao ranks 70th at $32,693, while Venezuela ranks 93rd at $21,241.

Economic indicators

Curacao Venezuela
Gross domestic product
$3.56B
2024
$99.7B
2025
GDP rank
168/197
2024
78/197
2025
GDP growth
5.03%
2023-2024
1.57%
2024-2025
GDP per capita
$22,833
2024
$3,495
2025
GDP per capita rank
56/197
2024
138/197
2025
GDP per capita, PPP
$32,693
2024
$21,241
2011
GDP per capita PPP rank
70/197
2024
93/197
2011
Government debt n/a
$308B
2025
Debt-to-GDP ratio n/a
309%
2025
Government debt per person n/a
$10,790
2025
Government debt per person rank n/a
58/185
2025
Average annual personal income after taxes
$15,072
2026
$2,659
2026
Market capitalization of domestic companies n/a
$3.98B
2002
Number of billionaires n/a
1
2026
Income share by richest 10% n/a
33.2%
2006
Income share by poorest 10% n/a
1.2%
2006
Government expenditure, % of GDP
31%
2026
20.3%
2025
Consumer prices inflation
2.62%
2018-2019
252%
2024-2025
Central bank interest rate
4.5%
2025
58.9%
2026
Unemployment rate
19.1%
2020
7.53%
2020
Population
156236
28692435

Inflation comparison by year

Inflation
Curacao

Venezuela
1x
Year Consumer prices inflation
Curacao Venezuela
2025 - 252%
2024 - 49.4%
2023 - 338%
2022 - 186.5%
2021 - 1,589%
2020 - 2,355%
2019 2.62% 19,906%
2018 2.58% 65,374%
2017 1.59% 438%
2016 -0.05% 254.9%
2015 -0.48% 121.7%
2014 1.5% 62.2%
2013 1.33% 40.6%
2012 3.18% 21.1%
2011 2.33% 26.1%
2010 2.78% 28.2%
2009 1.75% 26%
2008 6.88% 31.4%
2007 3% 18.7%
2006 3.11% 13.7%
2005 4.12% 16%
2004 1.38% 21.7%
2003 1.63% 31.1%
2002 0.39% 22.4%
2001 1.79% 12.5%
2000 - 16.2%
1999 - 23.6%
1998 - 35.8%
1997 - 50%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (2001–2019, retrieved 2026-07-08).

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

Over the past 19 years, Curacao has recorded an average annual inflation rate of 2.18%, compared with 4,551% in Venezuela. In 2019, inflation was 2.62% in Curacao and 252% in Venezuela.

Top exports between countries

Curacao
Export category Export value
Manufacturing & construction services $215M
Transport & tourism services $84.9M
Business & finance services $6.94M
Processed food, beverages & tobacco $31K
Metals $29K
IT & IP services $21K
Textiles & consumer goods $2K
Venezuela
Export category Export value
Machinery & equipment $27.1M
Processed food, beverages & tobacco $7.64M
Raw agricultural goods $1.82M
Chemicals & pharma $1.33M
Metals $583K
Textiles & consumer goods $460K
Raw materials & minerals $165K
Wood & paper products $153K
Animal & marine products $129K
Miscellaneous $58K

Balance of trade

Curacao Venezuela
Current account balance
-$655M
2023
-$3.87B
2016
Current account balance ranking
106/190
2023
155/190
2016
Current account balance, % of GDP
-20%
2023
-3.43%
2016
Goods imports
$1.83B
2023
$16.3B
2016
Goods exports
$560M
2023
$27.4B
2016
Service imports
$935M
2023
$9.47B
2016
Service exports
$1.55B
2023
$1.28B
2016
Imports of goods and services, % of GDP
92%
2018
10.1%
2025
Exports of goods and services, % of GDP
63.2%
2018
14.9%
2025

Economic freedom indices

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

Curacao Venezuela
Economic freedom 78 27.3
Economic freedom ranking 12/197 194/197
Property rights n/a 0
Government integrity n/a 6.9
Judicial effectiveness n/a 5.1
Tax burden n/a 73.4
Government spending n/a 93
Fiscal health n/a 29.1
Business freedom n/a 31.1
Labor freedom n/a 35.5
Monetary freedom n/a 0
Trade freedom n/a 43.2
Investment freedom n/a 0
Financial freedom n/a 10

Other economic metrics

Curacao Venezuela
Services, % of GDP
72.3%
2024
51.7%
2014
Industry, % of GDP
12.2%
2024
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
0.28%
2024
5.03%
2014
GNI, Atlas method
$3.52B
2024
$110B
2025
GNI per capita, PPP
$33,330
2024
$20,840
2011
Total reserves including gold n/a
$9.79B
2017
Total reserves ranking n/a
80/177
2017
Net foreign direct investment
-$129M
2023
-$27M
2016
Net inflows of foreign direct investment
$155M
2024
$1.63B
2024
Net outflows of foreign direct investment
$8.09M
2024
$2.6B
2024
Poverty at national poverty lines n/a
33.1%
2015
Gross capital formation, % of GDP
41.1%
2018
5.93%
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/venezuela | 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. International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08)
  4. TradeMap (2010–2020, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, 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.

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.