Curaçao: Commercial service exports (current US$)

Key figures

What the numbers say

In 2023, Curaçao's commercial service exports (current US$) rose 4% on 2022 (from US$1.46 billion to US$1.52 billion).

Across the 11 yearly changes before that (2012 to 2022), the average change was +4.1% and a typical year strayed about 24.7% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 47.8% in 2022 and the biggest yearly fall was 46.8% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 13% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Curaçao had the 4th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Curaçao in the 2023 ranking

• Lebanon — 1st of 12: US$7.89 billion
• Aruba — 2nd of 12: US$2.96 billion
• Sint Maarten (Dutch part) — 4th of 12: US$1.27 billion
• Senegal — 5th of 12: US$1.27 billion
• Libya — 6th of 12: US$628.9 million

What this measures

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 13 values

Commercial service exports (current US$) in nearby economies

• Antigua and Barbuda — US$1.21 billion (2025)
• Argentina — US$18.1 billion (2025)
• Aruba — US$2.96 billion (2023)
• Bahamas, The — US$5.84 billion (2024)
• Barbados — US$1.5 billion (2017)
• Belize — US$1.16 billion (2025)
• Bolivia — US$1.27 billion (2025)
• Brazil — US$53.54 billion (2025)
• Chile — US$12.55 billion (2025)
• Colombia — US$19.74 billion (2025)

More private sector & trade data for Curaçao

• International tourism, receipts (current US$) — US$282 million (2020)
• International tourism, number of arrivals — 1.29 million (2019)
• International tourism, expenditures (current US$) — US$127 million (2020)
• Import unit value index (2015 = 100) — 124.5 (2025)
• Merchandise imports (current US$) — US$2.33 billion (2025)
• Export unit value index (2015 = 100) — 171.8 (2025)
• Merchandise exports (current US$) — US$397 million (2025)
• International tourism, receipts for passenger transport items (current US$) — US$1 million (2020)
• International tourism, expenditures for passenger transport items (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Curaçao's commercial service exports (current US$)?

US$1.52 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2011?

It is up 17.47% from US$1.29 billion in 2011 (1.35% a year on average, compounded). The highest value was US$1.63 billion in 2014 and the lowest US$719.04 million in 2020.

How does Curaçao rank?

4th highest of 12 economies with data for 2023.

Is the latest change in commercial service exports (current US$) unusual for Curaçao?

In 2023, Curaçao's commercial service exports (current US$) rose 4% on 2022 (from US$1.46 billion to US$1.52 billion). Across the 11 yearly changes before that (2012 to 2022), the average change was +4.1% and a typical year strayed about 24.7% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.SERV.CD.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.