Gross value added at basic prices (GVA) in Curacao
Curacao: Gross value added at basic prices (GVA) was 5.40 billion current LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Curacao, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Curacao stood at 5.40 billion current LCU. That is the highest value across all 25 years on record.
That represents a change of up 7.9% on the previous year and up 11.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Curacao peaked at 5.40 billion current LCU in 2024 and was at its lowest, 3.40 billion current LCU, in 2000.
That places Curacao 189th out of 207 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Gross value added at basic prices (GVA) in Curacao, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 3.40 billion current LCU | — |
| 2001 | 3.47 billion current LCU | +2.1% |
| 2002 | 3.48 billion current LCU | +0.3% |
| 2003 | 3.57 billion current LCU | +2.7% |
| 2004 | 3.66 billion current LCU | +2.3% |
| 2005 | 3.85 billion current LCU | +5.2% |
| 2006 | 3.97 billion current LCU | +3.2% |
| 2007 | 4.16 billion current LCU | +4.8% |
| 2008 | 4.54 billion current LCU | +8.9% |
| 2009 | 4.59 billion current LCU | +1.1% |
| 2010 | 4.74 billion current LCU | +3.4% |
| 2011 | 4.69 billion current LCU | -1.1% |
| 2012 | 4.82 billion current LCU | +2.8% |
| 2013 | 4.80 billion current LCU | -0.3% |
| 2014 | 4.85 billion current LCU | +1.0% |
| 2015 | 4.84 billion current LCU | -0.3% |
| 2016 | 4.76 billion current LCU | -1.5% |
| 2017 | 4.77 billion current LCU | +0.1% |
| 2018 | 4.81 billion current LCU | +0.8% |
| 2019 | 4.73 billion current LCU | -1.5% |
| 2020 | 3.96 billion current LCU | -16.3% |
| 2021 | 4.23 billion current LCU | +6.8% |
| 2022 | 4.67 billion current LCU | +10.4% |
| 2023 | 5.01 billion current LCU | +7.2% |
| 2024 | 5.40 billion current LCU | +7.9% |
Curacao compared with similar countries
- Curacao's 5.40 billion current LCU is below the median for high income countries, which is 266.17 billion current LCU, 2% of the median. (77 countries reporting)
- Curacao's 5.40 billion current LCU is below the median for Latin America & Caribbean, which is 135.81 billion current LCU, 4% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.87 billion current LCU | 3.40 billion current LCU | 4.59 billion current LCU | 10 |
| 2010s | 4.78 billion current LCU | 4.69 billion current LCU | 4.85 billion current LCU | 10 |
| 2020s | 4.65 billion current LCU | 3.96 billion current LCU | 5.40 billion current LCU | 5 |
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 value added at basic prices (gva) in Curacao?
- Gross value added at basic prices (gva) in Curacao was 5.40 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Curacao?
- The highest recorded value was 5.40 billion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Curacao?
- The lowest recorded value was 3.40 billion current LCU in 2000.
- How does Curacao rank for gross value added at basic prices (gva)?
- Curacao ranks 189th out of 207 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Curacao?
- Over the last ten years it is up 11.3%. 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 value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.