General government final consumption expenditure (current LCU) in Curacao
Curacao: General government final consumption expenditure (current LCU) was 789.50 million current LCU in 2018. ▲ Rising
General government final consumption expenditure in Curacao, 2005–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2018, general government final consumption expenditure in Curacao stood at 789.50 million current LCU.
That represents a change of down 9.8% on the previous year and down 2.8% over ten years.
Over the whole period, general government final consumption expenditure in Curacao peaked at 875.40 million current LCU in 2017 and was at its lowest, 674.60 million current LCU, in 2005.
Curacao ranks 180th of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
General government final consumption expenditure (current LCU) in Curacao, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 674.60 million current LCU | — |
| 2006 | 701.70 million current LCU | +4.0% |
| 2007 | 773.70 million current LCU | +10.3% |
| 2008 | 812.20 million current LCU | +5.0% |
| 2009 | 848.90 million current LCU | +4.5% |
| 2010 | 855.40 million current LCU | +0.8% |
| 2011 | 829.30 million current LCU | -3.1% |
| 2012 | 864.40 million current LCU | +4.2% |
| 2013 | 769.10 million current LCU | -11.0% |
| 2014 | 857.40 million current LCU | +11.5% |
| 2015 | 860.70 million current LCU | +0.4% |
| 2016 | 869.90 million current LCU | +1.1% |
| 2017 | 875.40 million current LCU | +0.6% |
| 2018 | 789.50 million current LCU | -9.8% |
Curacao compared with similar countries
- Curacao's 789.50 million current LCU is below the median for high income countries, which is 90.99 billion current LCU, 1% of the median. (67 countries reporting)
- Curacao's 789.50 million current LCU is below the median for Latin America & Caribbean, which is 100.52 billion current LCU, 1% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 762.22 million current LCU | 674.60 million current LCU | 848.90 million current LCU | 5 |
| 2010s | 841.23 million current LCU | 769.10 million current LCU | 875.40 million 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 general government final consumption expenditure in Curacao?
- General government final consumption expenditure in Curacao was 789.50 million current LCU in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Curacao?
- The highest recorded value was 875.40 million current LCU in 2017.
- What is the lowest general government final consumption expenditure recorded in Curacao?
- The lowest recorded value was 674.60 million current LCU in 2005.
- How does Curacao rank for general government final consumption expenditure?
- Curacao ranks 180th out of 187 countries with data for 2018.
- Is general government final consumption expenditure rising or falling in Curacao?
- Over the last ten years it is down 2.8%. 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 General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.