Services, value added in Curacao
Curacao: Services, value added was 2.57 billion current US$ in 2024. ▲ Rising
Services, value added in Curacao, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Curacao recorded 2.57 billion current US$ for services, value added in 2024. That is the highest value across all 25 years on record.
The figure is up 7.0% on the previous year and up 16.8% over ten years.
Over the whole period, services, value added in Curacao peaked at 2.57 billion current US$ in 2024 and was at its lowest, 1.60 billion current US$, in 2001.
That places Curacao 172nd out of 206 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Services, value added in Curacao, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 1.63 billion current US$ | — |
| 2001 | 1.60 billion current US$ | -1.6% |
| 2002 | 1.62 billion current US$ | +1.4% |
| 2003 | 1.69 billion current US$ | +4.2% |
| 2004 | 1.74 billion current US$ | +3.2% |
| 2005 | 1.83 billion current US$ | +4.8% |
| 2006 | 1.87 billion current US$ | +2.2% |
| 2007 | 1.95 billion current US$ | +4.1% |
| 2008 | 2.16 billion current US$ | +10.8% |
| 2009 | 2.14 billion current US$ | -0.8% |
| 2010 | 2.27 billion current US$ | +6.4% |
| 2011 | 2.21 billion current US$ | -2.8% |
| 2012 | 2.27 billion current US$ | +2.7% |
| 2013 | 2.21 billion current US$ | -2.7% |
| 2014 | 2.20 billion current US$ | -0.3% |
| 2015 | 2.19 billion current US$ | -0.6% |
| 2016 | 2.14 billion current US$ | -2.4% |
| 2017 | 2.19 billion current US$ | +2.6% |
| 2018 | 2.24 billion current US$ | +2.2% |
| 2019 | 2.24 billion current US$ | -0.2% |
| 2020 | 1.90 billion current US$ | -14.9% |
| 2021 | 2.04 billion current US$ | +7.3% |
| 2022 | 2.26 billion current US$ | +10.5% |
| 2023 | 2.41 billion current US$ | +6.6% |
| 2024 | 2.57 billion current US$ | +7.0% |
Curacao compared with similar countries
- Curacao's 2.57 billion current US$ is below the median for high income countries, which is 71.23 billion current US$, 4% of the median. (77 countries reporting)
- Curacao's 2.57 billion current US$ is below the median for Latin America & Caribbean, which is 15.17 billion current US$, 17% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.82 billion current US$ | 1.60 billion current US$ | 2.16 billion current US$ | 10 |
| 2010s | 2.22 billion current US$ | 2.14 billion current US$ | 2.27 billion current US$ | 10 |
| 2020s | 2.24 billion current US$ | 1.90 billion current US$ | 2.57 billion 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 services, value added in Curacao?
- Services, value added in Curacao was 2.57 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Curacao?
- The highest recorded value was 2.57 billion current US$ in 2024.
- What is the lowest services, value added recorded in Curacao?
- The lowest recorded value was 1.60 billion current US$ in 2001.
- How does Curacao rank for services, value added?
- Curacao ranks 172nd out of 206 countries with data for 2024.
- Is services, value added rising or falling in Curacao?
- Over the last ten years it is up 16.8%. 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 Services, value added (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.