Current account balance as a share of GDP in Curacao
Curacao: Current account balance as a share of GDP was -19.9% in 2023. ▲ Rising
Current account balance as a share of GDP in Curacao, 2011–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Curacao recorded -19.9% for current account balance as a share of gdp in 2023.
That represents a change of up 25.4% on the previous year and up 20.8% over ten years.
Over the whole period, current account balance as a share of gdp in Curacao peaked at -16.5% in 2014 and was at its lowest, -30.0%, in 2011.
That places Curacao 186th out of 193 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 share 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 | -19.4% | +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% | +44.0% |
| 2023 | -19.9% | -25.4% |
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
- GDP (current US$), annual growth rate 8.53 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 3.33 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.88 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8476 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 19,354 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.88 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.52 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 34,643 current LCU per person (2024)
- GDP (constant LCU), annual growth rate 5.03 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 0.7903 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is current account balance as a share of gdp in Curacao?
- Current account balance as a share of gdp in Curacao was -19.9% in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Curacao?
- The highest recorded value was -16.5% in 2014.
- What is the lowest current account balance as a share of gdp recorded in Curacao?
- The lowest recorded value was -30.0% in 2011.
- How does Curacao rank for current account balance as a share of gdp?
- Curacao ranks 186th out of 193 countries with data for 2023.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).