Services, value added (% of GDP) in Curacao
Curacao: Services, value added (% of GDP) was 72.3% in 2024. ▼ Falling
Services, value added in Curacao, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, services, value added in Curacao stood at 72.3%.
Compared with earlier readings it is down 1.4% on the previous year and up 0.3% over ten years.
Over the whole period, services, value added in Curacao peaked at 78.0% in 2005 and was at its lowest, 70.7%, in 2016.
Curacao ranks 26th of 206 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Services, value added (% of GDP) in Curacao, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 76.7% | — |
| 2001 | 74.7% | -2.6% |
| 2002 | 75.1% | +0.6% |
| 2003 | 76.8% | +2.2% |
| 2004 | 78.0% | +1.6% |
| 2005 | 78.0% | +0.0% |
| 2006 | 76.1% | -2.5% |
| 2007 | 75.0% | -1.4% |
| 2008 | 76.1% | +1.4% |
| 2009 | 74.5% | -2.1% |
| 2010 | 77.0% | +3.4% |
| 2011 | 75.5% | -2.0% |
| 2012 | 75.4% | -0.1% |
| 2013 | 72.9% | -3.3% |
| 2014 | 72.1% | -1.1% |
| 2015 | 71.6% | -0.6% |
| 2016 | 70.7% | -1.3% |
| 2017 | 72.3% | +2.3% |
| 2018 | 73.5% | +1.7% |
| 2019 | 73.9% | +0.5% |
| 2020 | 75.1% | +1.6% |
| 2021 | 74.6% | -0.7% |
| 2022 | 73.4% | -1.6% |
| 2023 | 73.3% | -0.1% |
| 2024 | 72.3% | -1.4% |
Curacao compared with similar countries
- Curacao's 72.3% is above the median for high income countries, which is 66.2%, 1.1× the median. (77 countries reporting)
- Curacao's 72.3% is above the median for Latin America & Caribbean, which is 59.8%, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 76.1% | 74.5% | 78.0% | 10 |
| 2010s | 73.5% | 70.7% | 77.0% | 10 |
| 2020s | 73.7% | 72.3% | 75.1% | 5 |
Countries ranked near Curacao
- 23 Palau 73.1% compare
- 24 Israel 72.8% compare
- 25 Turks and Caicos Islands 72.6% compare
- 27 Samoa 72.1% compare
- 28 Switzerland 71.7% compare
- 29 East Timor 71.6% compare
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 72.3% 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 78.0% in 2005.
- What is the lowest services, value added recorded in Curacao?
- The lowest recorded value was 70.7% in 2016.
- How does Curacao rank for services, value added?
- Curacao ranks 26th 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 0.3%. 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 Services, value added (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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 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.