The economic architecture of Curaçao is substantial, anchored by a Gross Domestic Product (GDP) of approximately $3.28B
2023
On a per capita basis, GDP stands at $22.19K
2023
, while its GDP adjusted for Purchasing Power Parity (PPP) is estimated at $4.74B, offering a clearer picture of the population's domestic purchasing power. The economy demonstrates solid, consistent growth, expanding at a healthy rate of 4.2%
2023
, accompanied by a stable price environment, with inflation (CPI) contained at 2.6%.
2019
On the global stage, Curaçao's trade and financial dynamics reveal a complex interplay of international and domestic factors. The nation's economic activity is heavily reliant on foreign goods, running a considerable trade deficit with imports at 92.0% of GDP and exports at 63.2%
2018
. The investment climate attracts significant Foreign Direct Investment (FDI), with inflows constituting 4.16% of the economy
2023
Furthermore, personal remittances from its diaspora are a vital component of the economy, amounting to a substantial $176.61M annually
2023
.
The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $20,450
2022
In the environmental and energy sectors, the nation's policies and outcomes reflect its developmental priorities. Energy consumption per capita stands at 5,774.97 kg of oil equivalent
2022
, a metric that often correlates with industrial activity and living standards. The energy portfolio remains heavily dependent on conventional sources, with renewables contributing a modest 2.8%
2021

Key Economic Insights

Macroeconomic Health

Balancing growth, inflation, and employment remains the core challenge for economic stewardship.

Trade & Investment Profile

The orientation towards global trade and foreign investment is a defining feature of the economic landscape.

Social Equity & Distribution

Ensuring equitable distribution of economic gains is fundamental for long-term social and political stability.

Energy & Sustainability

A heavy dependence on fossil fuels poses significant long-term risks, including exposure to price volatility, energy insecurity, and climate change impacts.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.