Current account balance as a proportion of GDP (%) in Curacao
Curacao: Current account balance as a proportion of GDP (%) was -20.0% in 2023. ▲ Rising
Current account balance as a proportion of GDP in Curacao, 2011–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Curacao recorded -20.0% for current account balance as a proportion of gdp in 2023.
Compared with earlier readings it is up 25.4% on the previous year and up 20.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Curacao peaked at -16.5% in 2014 and was at its lowest, -30.0%, in 2011.
That places Curacao 196th out of 205 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 13 years of available data.
Current account balance as a proportion of GDP (%) in Curacao, year by year
| Year | % | Change |
|---|---|---|
| 2011 | -30.0% | — |
| 2012 | -29.7% | -1.0% |
| 2013 | -25.2% | -15.2% |
| 2014 | -16.5% | -34.4% |
| 2015 | -17.0% | +2.7% |
| 2016 | -19.3% | +14.0% |
| 2017 | -22.4% | +15.8% |
| 2018 | -26.7% | +19.1% |
| 2019 | -17.9% | -33.0% |
| 2020 | -27.2% | +52.1% |
| 2021 | -18.6% | -31.7% |
| 2022 | -26.8% | +44.1% |
| 2023 | -20.0% | -25.4% |
Curacao compared with similar countries
- Curacao's -20.0% is below the median for high income countries, which is 1.6%. (69 countries reporting)
- Curacao's -20.0% is below the median for Latin America & Caribbean, which is -1.6%, 12.4× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -22.7% | -30.0% | -16.5% | 9 |
| 2020s | -23.1% | -27.2% | -18.6% | 4 |
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 current account balance as a proportion of gdp in Curacao?
- Current account balance as a proportion of gdp in Curacao was -20.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Curacao?
- The highest recorded value was -16.5% in 2014.
- What is the lowest current account balance as a proportion of gdp recorded in Curacao?
- The lowest recorded value was -30.0% in 2011.
- How does Curacao rank for current account balance as a proportion of gdp?
- Curacao ranks 196th out of 205 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Curacao?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is rising.
- Where does this Curacao data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under UN SDG Global Database (open, attribution requested).