Annual GDP growth in Curacao
Curacao: Annual GDP growth was 5.0% in 2024. ◆ Volatile
Latest (2024)
5.0%
Change on year
up 19.8%
World rank
42nd
of 212 countries
All-time high
6.9%
in 2022
All-time low
-18.4%
in 2020
Years of data
24
2001–2024
Annual GDP growth in Curacao, 2001–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Curacao is 5.0%, measured in 2024.
The figure is up 19.8% on the previous year and up 885.9% over ten years.
Over the whole period, annual gdp growth in Curacao peaked at 6.9% in 2022 and was at its lowest, -18.4%, in 2020.
That places Curacao 42nd out of 212 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Curacao, year by year
| Year | % | Change |
|---|---|---|
| 2001 | -0.7% | — |
| 2002 | 0.4% | -157.1% |
| 2003 | 0.3% | -27.5% |
| 2004 | 0.2% | -27.6% |
| 2005 | 0.7% | +223.8% |
| 2006 | 1.6% | +141.2% |
| 2007 | 2.5% | +50.6% |
| 2008 | 2.2% | -11.3% |
| 2009 | -0.5% | -124.2% |
| 2010 | 0.1% | -115.1% |
| 2011 | 0.5% | +537.5% |
| 2012 | -0.3% | -168.6% |
| 2013 | -0.6% | +82.9% |
| 2014 | -0.6% | -0.0% |
| 2015 | 0.5% | -171.9% |
| 2016 | -1.1% | -332.6% |
| 2017 | -1.3% | +19.6% |
| 2018 | -2.1% | +64.1% |
| 2019 | -3.2% | +52.9% |
| 2020 | -18.4% | +474.5% |
| 2021 | 4.2% | -122.7% |
| 2022 | 6.9% | +65.3% |
| 2023 | 4.2% | -39.2% |
| 2024 | 5.0% | +19.8% |
Curacao compared with similar countries
- Curacao's 5.0% is above the median for high income countries, which is 2.1%, 2.4× the median. (83 countries reporting)
- Curacao's 5.0% is above the median for Latin America & Caribbean, which is 3.3%, 1.5× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | -0.7% | 2.5% | 9 |
| 2010s | -0.8% | -3.2% | 0.5% | 10 |
| 2020s | 0.4% | -18.4% | 6.9% | 5 |
Countries ranked near Curacao
More economy & growth data for Curacao
- Exports of goods and services (current US$), per capita 12,092 current US$ per person (2018)
- Gross fixed capital formation (current US$), per capita 6,510 current US$ per person (2018)
- Gross fixed capital formation (current US$), per unit of GDP 0.3405 current US$ per US$ of GDP (2018)
- Gross fixed capital formation (current US$), annual growth rate 19.03 % change on previous year (2018)
- Exports of goods and services (current LCU), per capita 21,645 current LCU per person (2018)
- Exports of goods and services (current LCU), per unit of GDP 1.13 current LCU per US$ of GDP (2018)
- Exports of goods and services (current LCU), annual growth rate 6.52 % change on previous year (2018)
- Gross national expenditure (current LCU), annual growth rate 7.28 % change on previous year (2018)
- Gross national expenditure (current LCU), per unit of GDP 2.31 current LCU per US$ of GDP (2018)
- Gross national expenditure (current LCU), per capita 44,071 current LCU per person (2018)
Frequently asked questions
- What is annual gdp growth in Curacao?
- Annual gdp growth in Curacao was 5.0% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Curacao?
- The highest recorded value was 6.9% in 2022.
- What is the lowest annual gdp growth recorded in Curacao?
- The lowest recorded value was -18.4% in 2020.
- How does Curacao rank for annual gdp growth?
- Curacao ranks 42nd out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Curacao?
- Over the last ten years it is up 885.9%. The long-run trend across the full record is volatile.
- Where does this Curacao data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%).