Final consumption expenditure in Curacao
Curacao: Final consumption expenditure was 4.78 billion current LCU in 2018. ▲ Rising
Final consumption expenditure in Curacao, 2005–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Curacao recorded 4.78 billion current LCU for final consumption expenditure in 2018.
That represents a change of down 1.8% on the previous year and up 6.1% over ten years.
Over the whole period, final consumption expenditure in Curacao peaked at 5.08 billion current LCU in 2010 and was at its lowest, 3.40 billion current LCU, in 2005.
Curacao ranks 181st of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Final consumption expenditure in Curacao, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 3.40 billion current LCU | — |
| 2006 | 3.67 billion current LCU | +8.0% |
| 2007 | 4.13 billion current LCU | +12.4% |
| 2008 | 4.51 billion current LCU | +9.2% |
| 2009 | 4.46 billion current LCU | -1.2% |
| 2010 | 5.08 billion current LCU | +14.1% |
| 2011 | 4.68 billion current LCU | -8.0% |
| 2012 | 4.82 billion current LCU | +3.1% |
| 2013 | 4.74 billion current LCU | -1.7% |
| 2014 | 4.75 billion current LCU | +0.1% |
| 2015 | 4.65 billion current LCU | -2.0% |
| 2016 | 4.57 billion current LCU | -1.7% |
| 2017 | 4.87 billion current LCU | +6.5% |
| 2018 | 4.78 billion current LCU | -1.8% |
Curacao compared with similar countries
- Curacao's 4.78 billion current LCU is below the median for high income countries, which is 326.40 billion current LCU, 1% of the median. (67 countries reporting)
- Curacao's 4.78 billion current LCU is below the median for Latin America & Caribbean, which is 894.29 billion current LCU, 1% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.03 billion current LCU | 3.40 billion current LCU | 4.51 billion current LCU | 5 |
| 2010s | 4.77 billion current LCU | 4.57 billion current LCU | 5.08 billion current LCU | 9 |
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 final consumption expenditure in Curacao?
- Final consumption expenditure in Curacao was 4.78 billion current LCU in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Curacao?
- The highest recorded value was 5.08 billion current LCU in 2010.
- What is the lowest final consumption expenditure recorded in Curacao?
- The lowest recorded value was 3.40 billion current LCU in 2005.
- How does Curacao rank for final consumption expenditure?
- Curacao ranks 181st out of 188 countries with data for 2018.
- Is final consumption expenditure rising or falling in Curacao?
- Over the last ten years it is up 6.1%. The long-run trend across the full record is rising.
- Where does this Curacao data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.