Gross domestic savings (% of GDP) in Curacao
Curacao: Gross domestic savings (% of GDP) was 12.3% in 2018. ▼ Falling
Gross domestic savings in Curacao, 2005–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Curacao recorded 12.3% for gross domestic savings in 2018.
Compared with earlier readings it is up 18.8% on the previous year and up 10.4% over ten years.
Over the whole period, gross domestic savings in Curacao peaked at 19.0% in 2005 and was at its lowest, 3.8%, in 2010.
Curacao ranks 132nd of 188 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.
Gross domestic savings (% of GDP) in Curacao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 19.0% | — |
| 2006 | 16.5% | -13.0% |
| 2007 | 11.1% | -32.8% |
| 2008 | 11.1% | +0.2% |
| 2009 | 13.3% | +19.1% |
| 2010 | 3.8% | -71.5% |
| 2011 | 10.8% | +186.8% |
| 2012 | 10.6% | -2.5% |
| 2013 | 12.7% | +20.1% |
| 2014 | 13.3% | +4.9% |
| 2015 | 15.0% | +13.2% |
| 2016 | 15.6% | +3.6% |
| 2017 | 10.3% | -33.6% |
| 2018 | 12.3% | +18.8% |
Curacao compared with similar countries
- Curacao's 12.3% is below the median for high income countries, which is 25.7%, 48% of the median. (67 countries reporting)
- Curacao's 12.3% is below the median for Latin America & Caribbean, which is 16.3%, 76% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in Curacao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +186.8% | 3.8% | 10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.2% | 11.1% | 19.0% | 5 |
| 2010s | 11.6% | 3.8% | 15.6% | 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 gross domestic savings in Curacao?
- Gross domestic savings in Curacao was 12.3% in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Curacao?
- The highest recorded value was 19.0% in 2005.
- What is the lowest gross domestic savings recorded in Curacao?
- The lowest recorded value was 3.8% in 2010.
- How does Curacao rank for gross domestic savings?
- Curacao ranks 132nd out of 188 countries with data for 2018.
- Is gross domestic savings rising or falling in Curacao?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is falling.
- 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 domestic savings (% 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
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.