Gross fixed capital formation (current LCU) in Curacao
Curacao: Gross fixed capital formation (current LCU) was 1.86 billion current LCU in 2018. ▲ Rising
Gross fixed capital formation in Curacao, 2005–2018
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2018, gross fixed capital formation in Curacao stood at 1.86 billion current LCU. That is the highest value across all 14 years on record.
The figure is up 19.0% on the previous year and up 30.5% over ten years.
Over the whole period, gross fixed capital formation in Curacao peaked at 1.86 billion current LCU in 2018 and was at its lowest, 1.04 billion current LCU, in 2005.
Curacao ranks 170th of 181 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Gross fixed capital formation (current LCU) in Curacao, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 1.04 billion current LCU | — |
| 2006 | 1.09 billion current LCU | +4.5% |
| 2007 | 1.22 billion current LCU | +11.5% |
| 2008 | 1.42 billion current LCU | +16.8% |
| 2009 | 1.40 billion current LCU | -1.4% |
| 2010 | 1.45 billion current LCU | +3.4% |
| 2011 | 1.63 billion current LCU | +12.5% |
| 2012 | 1.46 billion current LCU | -10.7% |
| 2013 | 1.57 billion current LCU | +7.7% |
| 2014 | 1.45 billion current LCU | -7.4% |
| 2015 | 1.44 billion current LCU | -1.0% |
| 2016 | 1.58 billion current LCU | +10.3% |
| 2017 | 1.56 billion current LCU | -1.6% |
| 2018 | 1.86 billion current LCU | +19.0% |
Curacao compared with similar countries
- Curacao's 1.86 billion current LCU is below the median for high income countries, which is 147.41 billion current LCU, 1% of the median. (64 countries reporting)
- Curacao's 1.86 billion current LCU is below the median for Latin America & Caribbean, which is 200.44 billion current LCU, 1% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.24 billion current LCU | 1.04 billion current LCU | 1.42 billion current LCU | 5 |
| 2010s | 1.55 billion current LCU | 1.44 billion current LCU | 1.86 billion current LCU | 9 |
Countries ranked near Curacao
- 167 Solomon Islands 2.61 billion current LCU compare
- 168 South Sudan 2.49 billion current LCU compare
- 169 Papua New Guinea 2.29 billion current LCU
- 171 Sao Tome and Principe 1.85 billion current LCU compare
- 172 Montenegro 1.82 billion current LCU compare
- 173 Belize 1.35 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 fixed capital formation in Curacao?
- Gross fixed capital formation in Curacao was 1.86 billion current LCU in 2018, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Curacao?
- The highest recorded value was 1.86 billion current LCU in 2018.
- What is the lowest gross fixed capital formation recorded in Curacao?
- The lowest recorded value was 1.04 billion current LCU in 2005.
- How does Curacao rank for gross fixed capital formation?
- Curacao ranks 170th out of 181 countries with data for 2018.
- Is gross fixed capital formation rising or falling in Curacao?
- Over the last ten years it is up 30.5%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.