Personal remittances, received in Curaçao
Curaçao: Personal remittances, received was 5.4% in 2023. ▲ Rising
Personal remittances, received in Curaçao, 2011–2023
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2023, personal remittances, received in Curaçao stood at 5.4%.
That represents a change of up 4.4% on the previous year and up 22.7% over ten years.
Over the whole period, personal remittances, received in Curaçao peaked at 5.8% in 2019 and was at its lowest, 4.4%, in 2013.
Curaçao ranks 60th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Personal remittances, received in Curaçao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | 5.1% | — |
| 2012 | 4.5% | -11.9% |
| 2013 | 4.4% | -2.8% |
| 2014 | 4.7% | +6.8% |
| 2015 | 4.7% | -0.6% |
| 2016 | 4.9% | +5.4% |
| 2017 | 5.3% | +7.6% |
| 2018 | 5.1% | -3.4% |
| 2019 | 5.8% | +14.3% |
| 2020 | 5.2% | -10.4% |
| 2021 | 5.2% | -0.8% |
| 2022 | 5.2% | -0.5% |
| 2023 | 5.4% | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.9% | 4.4% | 5.8% | 9 |
| 2020s | 5.2% | 5.2% | 5.4% | 4 |
Countries ranked near Curaçao
More economy & growth data for Curaçao
- Services, value added (current LCU), annual growth rate 7.03 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 4,981 current LCU 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)
- Services, value added (current US$), per capita 16,507 current US$ per person (2024)
- Services, value added (current LCU), per capita 29,548 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.88 % change on previous year (2024)
- GDP deflator (base year varies by country), annual growth rate 3.33 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.2181 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per unit of GDP 1.29 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is personal remittances, received in Curaçao?
- Personal remittances, received in Curaçao was 5.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Curaçao?
- The highest recorded value was 5.8% in 2019.
- What is the lowest personal remittances, received recorded in Curaçao?
- The lowest recorded value was 4.4% in 2013.
- How does Curaçao rank for personal remittances, received?
- Curaçao ranks 60th out of 196 countries with data for 2023.
- Is personal remittances, received rising or falling in Curaçao?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
- Where does this Curaçao data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.