Curaçao - Economy
How is the economy of Curaçao? Based on the information we have, Curaçao has a high-income island economy; developed infrastructure; tourism and financial services-based economy; investing in information technology incentives; oil refineries service Venezuela and China; unique COVID-19 stimulus support applied to government debts rather than household support. Key agricultural products in this country include: aloe, sorghum, peanuts, vegetables, tropical fruit.
More about the economy of Curaçao
Labor force
Industrial production growth rate 4.3% (2014 est.)
Industries tourism, petroleum refining, petroleum transshipment, light manufacturing, financial and business services
Population below poverty line
Taxes and other revenues
Fiscal year
Exchange rates
Currency Netherlands Antillean guilders (ANG) per US dollar -
Exchange rates 2023 1.79 (2023 est.)
Exchange rates 2022 1.79 (2022 est.)
Exchange rates 2021 1.79 (2021 est.)
Exchange rates 2020 1.79 (2020 est.)
Exchange rates 2019 1.79 (2019 est.)
Current account balance
Current account balance 2022 -$877.284 million (2022 est.)
Current account balance 2021 -$507.018 million (2021 est.)
Current account balance 2020 -$688.805 million (2020 est.)
Budget surplus (+) or deficit (-)
Remittances
Remittances 2022 5.16% of GDP (2022 est.)
Remittances 2021 5.18% of GDP (2021 est.)
Remittances 2020 5.22% of GDP (2020 est.)
Imports
Imports 2022 $2.904 billion (2022 est.)
Imports 2021 $1.919 billion (2021 est.)
Imports 2020 $1.709 billion (2020 est.)
Imports (partners) US 35%, Netherlands 22%, China 7%, Ecuador 5%, Philippines 3% (2022)
Comodities Imports force refined petroleum, cars, garments, integrated circuits, packaged medicine (2022)
Exports
Imports 2022 $2.904 billion (2022 est.)
Imports 2021 $1.919 billion (2021 est.)
Imports 2020 $1.709 billion (2020 est.)
Exports (partners) US 17%, Costa Rica 16%, India 9%, Netherlands 7%, Guatemala 7% (2022)
Comodities Exports force refined petroleum, petroleum coke, fish, coal tar oil, scrap iron (2022)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2022 $4.137 billion (2022 est.)
Real GDP (purchasing power parity) 2021 $3.834 billion (2021 est.)
Real GDP (purchasing power parity) 2020 $3.68 billion (2020 est.)
GDP (official exchange rate) $3.074 billion (2022 est.)
Real GDP Per capita
Real GDP per capita 2022 $27,600 (2022 est.)
Real GDP per capita 2021 $25,200 (2021 est.)
Real GDP per capita 2020 $23,700 (2020 est.)
GDP - composition, by sector of origin
Agriculture 0.3% (2022 est.)
Industry 11.2% (2022 est.)
Services 73.4% (2022 est.)
GDP - composition, by end use
Household consumption 73.2% (2018 est.)
Government consumption 14.5% (2018 est.)
Investment in fixed capital 34% (2018 est.)
Investment in inventories 7% (2018 est.)
Exports of goods and services 63.2% (2018 est.)
Imports of goods and services -92% (2018 est.)
Youth unemployment rate (ages 15-24)
Total 42.2% (2020 est.)
Male 38.1%
Female 47.1%
All Important Facts about Curaçao

Want to know more about Curaçao? Check all different factbooks for Curaçao below.

Curaçao is found in Caribbean