Final consumption expenditure in Curacao
Curacao: Final consumption expenditure was 87.7% in 2018. ▬ Flat
Final consumption expenditure in Curacao, 2005–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2018, final consumption expenditure in Curacao stood at 87.7%.
Compared with earlier readings it is down 2.2% on the previous year and down 1.3% over ten years.
Over the whole period, final consumption expenditure in Curacao peaked at 96.2% in 2010 and was at its lowest, 81.0%, in 2005.
That places Curacao 56th out of 187 countries with data for 2018, putting it in the middle of the range.
Final consumption expenditure in Curacao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 81.0% | — |
| 2006 | 83.5% | +3.0% |
| 2007 | 88.9% | +6.5% |
| 2008 | 88.9% | -0.0% |
| 2009 | 86.7% | -2.4% |
| 2010 | 96.2% | +10.9% |
| 2011 | 89.2% | -7.3% |
| 2012 | 89.4% | +0.3% |
| 2013 | 87.3% | -2.4% |
| 2014 | 86.7% | -0.7% |
| 2015 | 85.0% | -2.0% |
| 2016 | 84.4% | -0.6% |
| 2017 | 89.7% | +6.2% |
| 2018 | 87.7% | -2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 85.8% | 81.0% | 88.9% | 5 |
| 2010s | 88.4% | 84.4% | 96.2% | 9 |
Countries ranked near Curacao
More economy & growth data for Curacao
- Services, value added (current LCU), per capita 29,548 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.52 current LCU per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 5.03 % change on previous year (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 US$), per unit of GDP 0.8476 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.88 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 3.33 % change on previous year (2024)
- Services, value added (current US$), per capita 16,507 current US$ per person (2024)
- Services, value added (current US$), annual growth rate 7.03 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.723 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure in Curacao?
- Final consumption expenditure in Curacao was 87.7% 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 96.2% in 2010.
- What is the lowest final consumption expenditure recorded in Curacao?
- The lowest recorded value was 81.0% in 2005.
- How does Curacao rank for final consumption expenditure?
- Curacao ranks 56th out of 187 countries with data for 2018.
- Is final consumption expenditure rising or falling in Curacao?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is flat.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.