Curacao
CUWLatin America & Caribbean High incomeCapital: Willemstad▶About Curacao
with a population of 155,967. Key indicators include life expectancy of 76.8 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Located in the Latin America & Caribbean region, this high-income economy benefits from a strategic location and a well-developed infrastructure. The GDP growth has been stable, driven by sectors such as tourism, oil refining, and financial services. The GNI per capita stands at approximately $23,000, reflecting a relatively high standard of living. The economy is open to foreign direct investment, with inflows constituting about 4.3% of GDP. Trade openness is a key feature, with significant imports and exports facilitating economic activity. The capital, Willemstad, serves as a major hub for financial and commercial activities. The population is approximately 155,967, with a life expectancy at birth of 76.8 years, indicating a relatively healthy population. The fertility rate is low, at 1.2 births per woman. The education system is robust, with a high literacy rate and access to quality education. Health spending is substantial, ensuring a well-maintained healthcare system. Notable development indicators include a strong emphasis on social welfare and a diverse cultural landscape, contributing to a high quality of life.
▶Economy18 indicators · 2018–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| GNI (Current USD) | $3.63B | 2024 | ▲ 8.4% | WB |
| GNI per Capita (USD) | $22,590 | 2024 | ▲ 5.3% | WB |
| GNI per Capita, PPP (USD) | $33,300 | 2024 | ▲ 6.6% | WB |
| Industry Value Added (% of GDP) | 12.2% | 2024 | ▲ 4.3% | WB |
| Services Value Added (% of GDP) | 72.3% | 2024 | ▼ 1.4% | WB |
| Agriculture Value Added (% of GDP) | 0.3% | 2024 | ▲ 3.9% | WB |
| Government Consumption (% of GDP) | 14.5% | 2018 | ▼ 10.2% | WB |
| Household Consumption (% of GDP) | 73.2% | 2018 | ▼ 0.4% | WB |
| Gross Capital Formation (% of GDP) | 41.1% | 2018 | ▲ 32.9% | WB |
| Gross Savings (% of GNI) | 10.6% | 2018 | ▲ 29.8% | WB |
| GDP Deflator (%) | 3.3% | 2024 | ▲ 38.6% | WB |
| Manufacturing Value Added (% of GDP) | 2.9% | 2024 | ▲ 7.6% | WB |
| External Balance on Goods & Services (% of GDP) | -28.8% | 2018 | ▼ 40.0% | WB |
| Coal Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Mineral Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Total Natural Resources Rents (% of GDP) | 0.0% | 2021 | — | WB |
| Forest Rents (% of GDP) | 0.00% | 2021 | — | WB |
| Industry Value Added (Current USD) | $434.0M | 2024 | ▲ 13.2% | WB |
▶Fiscal & Monetary3 indicators · 2019–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, CPI (%, World Bank) | 2.6% | 2019 | ▲ 1.5% | WB |
| Official Exchange Rate (per USD) | 1.79 | 2024 | ▲ 0.0% | WB |
| PPP Conversion Factor | 1.25 | 2024 | ▲ 0.9% | WB |
▶Trade14 indicators · 2018–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 155.3% | 2018 | ▲ 11.1% | WB |
| Exports of Goods & Services (% of GDP) | 63.2% | 2018 | ▲ 6.1% | WB |
| Imports of Goods & Services (% of GDP) | 92.0% | 2018 | ▲ 14.8% | WB |
| Exports of Goods & Services (USD) | $1.93B | 2018 | ▲ 6.5% | WB |
| Imports of Goods & Services (USD) | $2.80B | 2018 | ▲ 15.3% | WB |
| Merchandise Exports (USD) | $491.0M | 2024 | ▼ 0.8% | WB |
| Merchandise Imports (USD) | $2.06B | 2024 | ▲ 12.5% | WB |
| FDI Inflows (% of GDP) | 4.3% | 2024 | ▲ 4.4% | WB |
| FDI Outflows (% of GDP) | 0.2% | 2024 | ▲ 2.6% | WB |
| FDI Net Inflows (USD) | $154.8M | 2024 | ▲ 13.3% | WB |
| Personal Remittances Received (USD) | $116.2M | 2024 | ▼ 34.2% | WB |
| Personal Remittances Received (% of GDP) | 3.3% | 2024 | ▼ 39.4% | WB |
| Current Account Balance (% of GDP) | -20.0% | 2023 | ▲ 25.4% | WB |
| Current Account Balance (USD) | $-654.7M | 2023 | ▲ 20.4% | WB |
▶Finance2 indicators · 2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Bank Capital to Assets Ratio (%) | 10.3% | 2022 | ▲ 6.3% | WB |
| Bank Nonperforming Loans (%) | 7.5% | 2022 | ▼ 24.0% | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 155,967 | 2024 | ▲ 0.8% | WB |
| Population Growth (%) | 0.8% | 2024 | ▼ 2.3% | WB |
| Population Density (per km²) | 348 | 2023 | ▲ 0.9% | WB |
| Surface Area (sq km) | 444 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 444 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 91.4% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 142,604 | 2024 | ▲ 0.9% | WB |
| Rural Population (%) | 8.6% | 2024 | ▼ 0.3% | WB |
| Life Expectancy at Birth | 76.8 years | 2023 | ▲ 0.1% | WB |
| Life Expectancy, Male | 72.5 years | 2023 | ▲ 0.1% | WB |
| Life Expectancy, Female | 80.8 years | 2023 | ▲ 0.1% | WB |
| Fertility Rate (births per woman) | 1.2 | 2023 | ▼ 7.7% | WB |
| Birth Rate (per 1,000) | 7.5 | 2023 | ▼ 8.5% | WB |
| Death Rate (per 1,000) | 9.7 | 2023 | ▼ 6.7% | WB |
| Net Migration | 470 | 2025 | ▼ 8.4% | WB |
| Population Ages 0–14 (%) | 14.9% | 2024 | ▼ 2.1% | WB |
| Population Ages 15–64 (%) | 68.3% | 2024 | ▼ 0.3% | WB |
| Population Ages 65+ (%) | 16.8% | 2024 | ▲ 3.1% | WB |
| Age Dependency Ratio (%) | 46.4% | 2024 | ▲ 0.9% | WB |
| Old-Age Dependency Ratio (%) | 24.6% | 2024 | ▲ 3.3% | WB |
| Youth Dependency Ratio (%) | 21.9% | 2024 | ▼ 1.8% | WB |
| Mortality Rate, Adult Male (per 1,000) | 135.2 | 2023 | ▼ 0.7% | WB |
| Mortality Rate, Adult Female (per 1,000) | 54.9 | 2023 | ▼ 0.7% | WB |
▶Labor3 indicators · 2018–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Self-Employed (%) | 56.4% | 2020 | ▲ 1.0% | WB |
| Part-Time Employment (%) | 21.9% | 2018 | — | WB |
| NEET Youth (% not in education/employment) | 17.5% | 2020 | ▲ 245.1% | WB |
▶Education9 indicators · 2013–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 5.4% | 2024 | ▲ 2.7% | WB |
| Education Spending (% of govt expenditure) | 16.4% | 2024 | ▲ 1.3% | WB |
| Primary School Enrollment (%) | 109.2% | 2023 | ▼ 3.7% | WB |
| Secondary School Enrollment (%) | 123.4% | 2023 | ▼ 4.7% | WB |
| Out-of-School Children, Primary | 366 | 2023 | ▲ 673.7% | WB |
| Out-of-School Girls, Primary | 165 | 2023 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 27.5% | 2013 | — | WB |
| Education Spending, Secondary (% of govt) | 33.9% | 2013 | — | WB |
| Education Spending, Tertiary (% of govt) | 5.3% | 2013 | — | WB |
▶Health1 indicator · 2024 · WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Tuberculosis Incidence (per 100,000) | 3 | 2024 | ▲ 0.0% | WHO |
▶Energy & Environment11 indicators · 2017–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Energy Use (kg oil eq. per capita) | 5,650 | 2022 | ▲ 3.8% | WB |
| Electric Power Consumption (kWh per capita) | 5,029 | 2022 | ▲ 2.7% | WB |
| Renewable Electricity Output (%) | 18.3% | 2021 | ▼ 26.1% | WB |
| Renewable Energy Consumption (%) | 2.8% | 2021 | ▲ 0.0% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Forest Area (%) | 0.2% | 2023 | ▲ 0.0% | WB |
| Forest Area (sq km) | 1 | 2023 | ▲ 0.0% | WB |
| Terrestrial Protected Areas (%) | 0.3% | 2024 | ▲ 0.0% | WB |
| Marine Protected Areas (%) | 0.0% | 2024 | — | WB |
| Access to Basic Drinking Water (%) | 100.0% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 99.2% | 2017 | ▲ 0.0% | WHO |
▶Agriculture1 indicator · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Fisheries Production (metric tonnes) | 2,250 | 2023 | ▼ 74.6% | WB |
▶Technology6 indicators · 2017–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 68.1% | 2017 | ▲ 10.1% | WB |
| Mobile Subscriptions (per 100 people) | 94 | 2023 | ▲ 1.1% | WB |
| Fixed Broadband Subscriptions (per 100) | 31.5 | 2023 | ▼ 4.3% | WB |
| Secure Internet Servers (per million) | 5,071.6 | 2024 | ▲ 10.3% | WB |
| ICT Service Exports (% of service exports) | 3.5% | 2023 | ▲ 58.6% | WB |
| ICT Service Exports (USD) | $54.9M | 2023 | ▲ 64.2% | WB |
▶Infrastructure3 indicators · 2021–2022 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Container Port Traffic (TEU) | 96,000 | 2022 | ▲ 3.6% | WB |
| Electricity from Oil (%) | 75.1% | 2022 | ▲ 2.3% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender4 indicators · 2020–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Female Labor Force Participation, 15+ (%) | 54.0% | 2020 | ▲ 3.5% | WB |
| Adolescent Fertility Rate (per 1,000) | 13 | 2023 | ▼ 0.5% | WB |
| Gender Parity Index, Secondary | 1.22 | 2020 | ▲ 12.3% | WB |
| Gender Parity in Primary Education | 0.95 | 2020 | — | WB |
▶Tourism5 indicators · 2019–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 1.3M | 2019 | ▲ 6.9% | WB |
| Tourism Receipts (USD) | $282.0M | 2020 | ▼ 60.1% | WB |
| Tourism Expenditures (USD) | $127.0M | 2020 | ▼ 69.1% | WB |
| Tourism Receipts (% of total exports) | 27.8% | 2020 | ▼ 30.1% | WB |
| International Tourism, Transport Services (USD) | $1.0M | 2020 | ▼ 66.7% | WB |
▶Urban Development2 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 0.9% | 2024 | ▼ 0.1% | WB |
| Rural Population Growth (%) | 0.6% | 2024 | ▼ 28.4% | WB |