General government final consumption expenditure in Curaçao
Curaçao: General government final consumption expenditure was 14.5% in 2018. ▼ Falling
General government final consumption expenditure in Curaçao, 2005–2018
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Curaçao recorded 14.5% for general government final consumption expenditure in 2018.
That represents a change of down 10.2% on the previous year and down 9.6% over ten years.
Over the whole period, general government final consumption expenditure in Curaçao peaked at 16.7% in 2007 and was at its lowest, 14.2%, in 2013.
Curaçao ranks 115th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
General government final consumption expenditure in Curaçao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 16.1% | — |
| 2006 | 16.0% | -0.8% |
| 2007 | 16.7% | +4.5% |
| 2008 | 16.0% | -3.9% |
| 2009 | 16.5% | +3.2% |
| 2010 | 16.2% | -2.0% |
| 2011 | 15.8% | -2.3% |
| 2012 | 16.0% | +1.4% |
| 2013 | 14.2% | -11.6% |
| 2014 | 15.7% | +10.5% |
| 2015 | 15.7% | +0.4% |
| 2016 | 16.1% | +2.2% |
| 2017 | 16.1% | +0.3% |
| 2018 | 14.5% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.2% | 16.0% | 16.7% | 5 |
| 2010s | 15.6% | 14.2% | 16.2% | 9 |
Countries ranked near Curaçao
More economy & growth data for Curaçao
- Industry (including construction), value added (current US$), annual 13.15 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 12.81 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.005 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 113.97 current LCU per person (2024)
- Manufacturing, value added (current US$), per unit of GDP 0.0292 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 666.65 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0523 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 1,193 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 4,981 current LCU per person (2024)
- Industry (including construction), value added (current LCU), per 0.2181 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in Curaçao?
- General government final consumption expenditure in Curaçao was 14.5% in 2018, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest general government final consumption expenditure recorded in Curaçao?
- The highest recorded value was 16.7% in 2007.
- What is the lowest general government final consumption expenditure recorded in Curaçao?
- The lowest recorded value was 14.2% in 2013.
- How does Curaçao rank for general government final consumption expenditure?
- Curaçao ranks 115th out of 187 countries with data for 2018.
- Is general government final consumption expenditure rising or falling in Curaçao?
- Over the last ten years it is down 9.6%. The long-run trend across the full record is falling.
- Where does this Curaçao data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of General government final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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 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.