Gross capital formation in Curacao
Curacao: Gross capital formation was 2.24 billion current LCU in 2018. ▲ Rising
Gross capital formation in Curacao, 2005–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Curacao recorded 2.24 billion current LCU for gross capital formation in 2018. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 33.5% on the previous year and up 13.4% over ten years.
Over the whole period, gross capital formation in Curacao peaked at 2.24 billion current LCU in 2018 and was at its lowest, 1.41 billion current LCU, in 2014.
Curacao ranks 173rd 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.
Gross capital formation in Curacao, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 1.47 billion current LCU | — |
| 2006 | 1.51 billion current LCU | +3.0% |
| 2007 | 1.65 billion current LCU | +9.1% |
| 2008 | 1.97 billion current LCU | +20.0% |
| 2009 | 1.88 billion current LCU | -4.9% |
| 2010 | 1.94 billion current LCU | +3.0% |
| 2011 | 1.98 billion current LCU | +2.4% |
| 2012 | 1.74 billion current LCU | -12.4% |
| 2013 | 1.66 billion current LCU | -4.7% |
| 2014 | 1.41 billion current LCU | -14.7% |
| 2015 | 1.44 billion current LCU | +2.2% |
| 2016 | 1.55 billion current LCU | +7.4% |
| 2017 | 1.68 billion current LCU | +8.2% |
| 2018 | 2.24 billion current LCU | +33.5% |
Curacao compared with similar countries
- Curacao's 2.24 billion current LCU is below the median for high income countries, which is 146.46 billion current LCU, 2% of the median. (67 countries reporting)
- Curacao's 2.24 billion current LCU is below the median for Latin America & Caribbean, which is 226.36 billion current LCU, 1% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.69 billion current LCU | 1.47 billion current LCU | 1.97 billion current LCU | 5 |
| 2010s | 1.74 billion current LCU | 1.41 billion current LCU | 2.24 billion current LCU | 9 |
Countries ranked near Curacao
- 170 Solomon Islands 2.61 billion current LCU compare
- 171 Papua New Guinea 2.53 billion current LCU
- 172 South Sudan 2.49 billion current LCU compare
- 174 Montenegro 2.20 billion current LCU compare
- 175 Aruba 1.92 billion current LCU compare
- 176 Sao Tome and Principe 1.86 billion current LCU 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 gross capital formation in Curacao?
- Gross capital formation in Curacao was 2.24 billion current LCU in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Curacao?
- The highest recorded value was 2.24 billion current LCU in 2018.
- What is the lowest gross capital formation recorded in Curacao?
- The lowest recorded value was 1.41 billion current LCU in 2014.
- How does Curacao rank for gross capital formation?
- Curacao ranks 173rd out of 187 countries with data for 2018.
- Is gross capital formation rising or falling in Curacao?
- Over the last ten years it is up 13.4%. 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 Gross capital formation (current LCU). 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
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.