Gross Fixed Capital Formation — Value Standard Local Currency in Curacao
Curacao: Gross Fixed Capital Formation — Value Standard Local Currency was 1,599 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency in Curacao, 2005–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Curacao stood at 1,599 million SLC.
The figure is up 3.3% on the previous year and up 9.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Curacao peaked at 1,867 million SLC in 2010 and was at its lowest, 1,045 million SLC, in 2005.
Curacao ranks 199th of 230 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency in Curacao, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 1,045 million SLC | — |
| 2006 | 1,136 million SLC | +8.7% |
| 2007 | 1,316 million SLC | +15.9% |
| 2008 | 1,587 million SLC | +20.5% |
| 2009 | 1,625 million SLC | +2.4% |
| 2010 | 1,867 million SLC | +14.9% |
| 2011 | 1,633 million SLC | -12.6% |
| 2012 | 1,458 million SLC | -10.7% |
| 2013 | 1,571 million SLC | +7.7% |
| 2014 | 1,458 million SLC | -7.1% |
| 2015 | 1,463 million SLC | +0.3% |
| 2016 | 1,650 million SLC | +12.8% |
| 2017 | 1,594 million SLC | -3.4% |
| 2018 | 1,629 million SLC | +2.2% |
| 2019 | 1,514 million SLC | -7.1% |
| 2020 | 1,348 million SLC | -11.0% |
| 2021 | 1,351 million SLC | +0.2% |
| 2022 | 1,558 million SLC | +15.3% |
| 2023 | 1,548 million SLC | -0.6% |
| 2024 | 1,599 million SLC | +3.3% |
Curacao compared with similar countries
- Curacao's 1,599 million SLC is below the median for high income countries, which is 36,467 million SLC, 4% of the median. (73 countries reporting)
- Curacao's 1,599 million SLC is below the median for Latin America & Caribbean, which is 21,321 million SLC, 7% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,342 million SLC | 1,045 million SLC | 1,625 million SLC | 5 |
| 2010s | 1,584 million SLC | 1,458 million SLC | 1,867 million SLC | 10 |
| 2020s | 1,481 million SLC | 1,348 million SLC | 1,599 million SLC | 5 |
Countries ranked near Curacao
- 196 Fiji 2,186 million SLC compare
- 197 Liechtenstein 1,912 million SLC compare
- 198 Grenada 1,651 million SLC compare
- 199 Curaçao 1,599 million SLC compare
- 201 Montenegro 1,510 million SLC compare
- 202 Saint Lucia 1,454 million SLC 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 — value standard local currency in Curacao?
- Gross fixed capital formation — value standard local currency in Curacao was 1,599 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Curacao?
- The highest recorded value was 1,867 million SLC in 2010.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Curacao?
- The lowest recorded value was 1,045 million SLC in 2005.
- How does Curacao rank for gross fixed capital formation — value standard local currency?
- Curacao ranks 199th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Curacao?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this Curacao data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).