Services, value added in Curaçao
Curaçao: Services, value added was 72.3% in 2024. ▼ Falling
Services, value added in Curaçao, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, services, value added in Curaçao 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 Curaçao peaked at 78.0% in 2005 and was at its lowest, 70.7%, in 2016.
Curaçao ranks 25th of 204 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 in Curaçao, 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% |
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 Curaçao
- 22 Palau 73.1% compare
- 23 Israel 72.8% compare
- 24 Turks and Caicos Islands 72.6% compare
- 26 Samoa 72.1% compare
- 27 Switzerland 71.7% compare
- 28 Timor-Leste 71.6% compare
More economy & growth data for Curaçao
- GDP (current US$), annual growth rate 8.53 % change on previous year (2024)
- US dollar per domestic currency (End-of-period (EoP)) 0.5587 (2025)
- Manufacturing, value added 2.9% (2024)
- Industry (including construction), value added 433.98 million current US$ (2024)
- Industry (including construction), value added 776.82 million current LCU (2024)
- Industry (including construction), value added 12.2% (2024)
- Services, value added 2.57 billion current US$ (2024)
- Services, value added 4.61 billion current LCU (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 2.45 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1.79 (2025)
Frequently asked questions
- What is services, value added in Curaçao?
- Services, value added in Curaçao was 72.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Curaçao?
- The highest recorded value was 78.0% in 2005.
- What is the lowest services, value added recorded in Curaçao?
- The lowest recorded value was 70.7% in 2016.
- How does Curaçao rank for services, value added?
- Curaçao ranks 25th out of 204 countries with data for 2024.
- Is services, value added rising or falling in Curaçao?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- Where does this Curaçao 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.
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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.