Industry (including construction), value added in Curacao
Curacao: Industry (including construction), value added was 433.98 million current US$ in 2024. ▲ Rising
Industry (including construction), value added in Curacao, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Curacao stood at 433.98 million current US$.
Compared with earlier readings it is up 13.2% on the previous year and down 13.3% over ten years.
Over the whole period, industry (including construction), value added in Curacao peaked at 518.85 million current US$ in 2016 and was at its lowest, 303.73 million current US$, in 2020.
That places Curacao 181st out of 209 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Industry (including construction), value added in Curacao, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 313.62 million current US$ | — |
| 2001 | 374.37 million current US$ | +19.4% |
| 2002 | 356.62 million current US$ | -4.7% |
| 2003 | 340.96 million current US$ | -4.4% |
| 2004 | 336.19 million current US$ | -1.4% |
| 2005 | 361.31 million current US$ | +7.5% |
| 2006 | 395.48 million current US$ | +9.5% |
| 2007 | 425.28 million current US$ | +7.5% |
| 2008 | 431.09 million current US$ | +1.4% |
| 2009 | 486.18 million current US$ | +12.8% |
| 2010 | 443.28 million current US$ | -8.8% |
| 2011 | 399.62 million current US$ | -9.8% |
| 2012 | 415.36 million current US$ | +3.9% |
| 2013 | 465.32 million current US$ | +12.0% |
| 2014 | 500.48 million current US$ | +7.6% |
| 2015 | 504.81 million current US$ | +0.9% |
| 2016 | 518.85 million current US$ | +2.8% |
| 2017 | 467.45 million current US$ | -9.9% |
| 2018 | 439.06 million current US$ | -6.1% |
| 2019 | 401.71 million current US$ | -8.5% |
| 2020 | 303.73 million current US$ | -24.4% |
| 2021 | 313.32 million current US$ | +3.2% |
| 2022 | 344.08 million current US$ | +9.8% |
| 2023 | 383.52 million current US$ | +11.5% |
| 2024 | 433.98 million current US$ | +13.2% |
Curacao compared with similar countries
- Curacao's 433.98 million current US$ is below the median for high income countries, which is 25.19 billion current US$, 2% of the median. (77 countries reporting)
- Curacao's 433.98 million current US$ is below the median for Latin America & Caribbean, which is 8.88 billion current US$, 5% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 382.11 million current US$ | 313.62 million current US$ | 486.18 million current US$ | 10 |
| 2010s | 455.59 million current US$ | 399.62 million current US$ | 518.85 million current US$ | 10 |
| 2020s | 355.73 million current US$ | 303.73 million current US$ | 433.98 million current US$ | 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 industry (including construction), value added in Curacao?
- Industry (including construction), value added in Curacao was 433.98 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Curacao?
- The highest recorded value was 518.85 million current US$ in 2016.
- What is the lowest industry (including construction), value added recorded in Curacao?
- The lowest recorded value was 303.73 million current US$ in 2020.
- How does Curacao rank for industry (including construction), value added?
- Curacao ranks 181st out of 209 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Curacao?
- Over the last ten years it is down 13.3%. 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 Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.