Net secondary income (Net current transfers from abroad) in Curaçao
Curaçao: Net secondary income (Net current transfers from abroad) was -48.66 million current US$ in 2020. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Curaçao, 2005–2020
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2020, net secondary income (net current transfers from abroad) in Curaçao stood at -48.66 million current US$.
Compared with earlier readings it is down 70.9% on the previous year and down 157.6% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Curaçao peaked at 260.17 million current US$ in 2009 and was at its lowest, -67.37 million current US$, in 2013.
That places Curaçao 145th out of 202 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Curaçao, year by year
| Year | current US$ | Change |
|---|---|---|
| 2005 | 149.44 million current US$ | — |
| 2006 | 66.54 million current US$ | -55.5% |
| 2007 | 54.19 million current US$ | -18.6% |
| 2008 | 64.13 million current US$ | +18.4% |
| 2009 | 260.17 million current US$ | +305.7% |
| 2010 | 84.41 million current US$ | -67.6% |
| 2011 | -43.35 million current US$ | -151.4% |
| 2012 | -48.38 million current US$ | +11.6% |
| 2013 | -67.37 million current US$ | +39.3% |
| 2014 | -42.35 million current US$ | -37.1% |
| 2015 | -45.59 million current US$ | +7.7% |
| 2016 | -46.15 million current US$ | +1.2% |
| 2017 | -30.95 million current US$ | -32.9% |
| 2018 | -28.94 million current US$ | -6.5% |
| 2019 | -28.48 million current US$ | -1.6% |
| 2020 | -48.66 million current US$ | +70.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 118.89 million current US$ | 54.19 million current US$ | 260.17 million current US$ | 5 |
| 2010s | -29.71 million current US$ | -67.37 million current US$ | 84.41 million current US$ | 10 |
| 2020s | -48.66 million current US$ | -48.66 million current US$ | -48.66 million current US$ | 1 |
Countries ranked near Curaçao
More economy & growth data for Curaçao
- Gross domestic savings 670.29 million current LCU (2018)
- Trade in services 75.6% (2023)
- GNI 6.49 billion current LCU (2024)
- GNI 3.63 billion current US$ (2024)
- GNI, Atlas method 3.52 billion current US$ (2024)
- Gross domestic savings 12.3% (2018)
- GDP per capita 30,581 constant LCU (2024)
- GDP per capita 18,045 constant 2015 US$ (2024)
- GDP per capita growth 4.1% (2024)
- GNI per capita 41,607 current LCU (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Curaçao?
- Net secondary income (net current transfers from abroad) in Curaçao was -48.66 million current US$ in 2020, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Curaçao?
- The highest recorded value was 260.17 million current US$ in 2009.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Curaçao?
- The lowest recorded value was -67.37 million current US$ in 2013.
- How does Curaçao rank for net secondary income (net current transfers from abroad)?
- Curaçao ranks 145th out of 202 countries with data for 2020.
- Is net secondary income (net current transfers from abroad) rising or falling in Curaçao?
- Over the last ten years it is down 157.6%. The long-run trend across the full record is volatile.
- Where does this Curaçao data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.