Final consumption expenditure in Curacao
Curacao: Final consumption expenditure was 2.67 billion current US$ in 2018. ▲ Rising
Final consumption expenditure in Curacao, 2005–2018
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Curacao is 2.67 billion current US$, measured in 2018.
Compared with earlier readings it is 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 2.84 billion current US$ in 2010 and was at its lowest, 1.90 billion current US$, in 2005.
That places Curacao 167th out of 188 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Final consumption expenditure in Curacao, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 1.90 billion current US$ | — |
| 2006 | 2.05 billion current US$ | +8.0% |
| 2007 | 2.31 billion current US$ | +12.4% |
| 2008 | 2.52 billion current US$ | +9.2% |
| 2009 | 2.49 billion current US$ | -1.2% |
| 2010 | 2.84 billion current US$ | +14.1% |
| 2011 | 2.61 billion current US$ | -8.0% |
| 2012 | 2.69 billion current US$ | +3.1% |
| 2013 | 2.65 billion current US$ | -1.7% |
| 2014 | 2.65 billion current US$ | +0.1% |
| 2015 | 2.60 billion current US$ | -2.0% |
| 2016 | 2.55 billion current US$ | -1.7% |
| 2017 | 2.72 billion current US$ | +6.5% |
| 2018 | 2.67 billion current US$ | -1.8% |
Curacao compared with similar countries
- Curacao's 2.67 billion current US$ is below the median for high income countries, which is 123.73 billion current US$, 2% of the median. (67 countries reporting)
- Curacao's 2.67 billion current US$ is below the median for Latin America & Caribbean, which is 60.45 billion current US$, 4% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.25 billion current US$ | 1.90 billion current US$ | 2.52 billion current US$ | 5 |
| 2010s | 2.67 billion current US$ | 2.55 billion current US$ | 2.84 billion current US$ | 9 |
Countries ranked near Curacao
- 164 Aruba 2.79 billion current US$ compare
- 165 Faroe Islands 2.78 billion current US$ compare
- 166 East Timor 2.69 billion current US$ compare
- 168 Papua New Guinea 2.62 billion current US$
- 169 Eritrea 2.58 billion current US$ compare
- 170 Belize 2.57 billion current US$ compare
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 2.67 billion current US$ in 2018, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Curacao?
- The highest recorded value was 2.84 billion current US$ in 2010.
- What is the lowest final consumption expenditure recorded in Curacao?
- The lowest recorded value was 1.90 billion current US$ in 2005.
- How does Curacao rank for final consumption expenditure?
- Curacao ranks 167th 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.