Manufacturing, value added in Curacao
Curacao: Manufacturing, value added was 2.9% in 2024. ▼ Falling
Manufacturing, value added in Curacao, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, manufacturing, value added in Curacao stood at 2.9%.
Compared with earlier readings it is up 7.6% on the previous year and down 64.0% over ten years.
Over the whole period, manufacturing, value added in Curacao peaked at 9.3% in 2016 and was at its lowest, 2.5%, in 2022.
Curacao ranks 179th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing, value added in Curacao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 7.7% | — |
| 2001 | 8.0% | +4.4% |
| 2002 | 7.5% | -6.7% |
| 2003 | 7.0% | -7.2% |
| 2004 | 7.3% | +5.2% |
| 2005 | 6.0% | -17.6% |
| 2006 | 7.7% | +28.1% |
| 2007 | 7.5% | -3.1% |
| 2008 | 6.7% | -11.0% |
| 2009 | 7.6% | +14.1% |
| 2010 | 6.1% | -19.2% |
| 2011 | 7.5% | +22.2% |
| 2012 | 7.5% | +0.3% |
| 2013 | 8.1% | +7.2% |
| 2014 | 8.1% | +0.4% |
| 2015 | 8.6% | +6.1% |
| 2016 | 9.3% | +7.8% |
| 2017 | 8.8% | -5.2% |
| 2018 | 6.2% | -29.4% |
| 2019 | 5.1% | -18.0% |
| 2020 | 2.8% | -45.6% |
| 2021 | 2.6% | -4.9% |
| 2022 | 2.5% | -4.6% |
| 2023 | 2.7% | +8.2% |
| 2024 | 2.9% | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | 6.0% | 8.0% | 10 |
| 2010s | 7.5% | 5.1% | 9.3% | 10 |
| 2020s | 2.7% | 2.5% | 2.9% | 5 |
Countries ranked near Curacao
More economy & growth data for Curacao
- Services, value added (current LCU), per capita 29,548 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1.52 current LCU per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 5.03 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 19,354 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8476 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.88 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 3.33 % change on previous year (2024)
- Services, value added (current US$), per capita 16,507 current US$ per person (2024)
- Services, value added (current US$), annual growth rate 7.03 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.723 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is manufacturing, value added in Curacao?
- Manufacturing, value added in Curacao was 2.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Curacao?
- The highest recorded value was 9.3% in 2016.
- What is the lowest manufacturing, value added recorded in Curacao?
- The lowest recorded value was 2.5% in 2022.
- How does Curacao rank for manufacturing, value added?
- Curacao ranks 179th out of 203 countries with data for 2024.
- Is manufacturing, value added rising or falling in Curacao?
- Over the last ten years it is down 64.0%. 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 Offices (NSOs), published as part of Manufacturing, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 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.