Curaçao's GDP (constant LCU) was 4.77 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 7.57% from 5.16 billion in 2014 (0.78% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.77 billion | 2024 |
| Five years earlier | 4.8 billion | 2019 |
| Ten years earlier | 5.16 billion | 2014 |
| Highest | 5.24 billion | 2011 |
| Lowest | 3.91 billion | 2020 |
| Average since 2015 | 4.68 billion | 2015–2024 |
| First recorded | 4.88 billion |
What the numbers say
In 2024, Curaçao's GDP (constant LCU) rose 5% on 2023 (from 4.54 billion to 4.77 billion).
Across the 23 yearly changes before that (2001 to 2023), the average change was −0.2% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 6.9% in 2022 and the biggest yearly fall was 18.4% 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 2015 to 2024 the straight-line trend is downward, about 90.22 million a year. A straight line explains 38% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Curaçao had the 14th highest value of the 14 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 2024 ranking
- Bermuda — 10th of 14: 7.1 billion
- Aruba — 11th of 14: 6.35 billion
- Cayman Islands — 12th of 14: 5.24 billion
- Turks and Caicos Islands — 14th of 14: 1.62 billion
What this measures
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 25 values
| Year | GDP (constant LCU) |
|---|---|
| 2024 | 4,769,697,000 |
| 2023 | 4,541,405,100 |
| 2022 | 4,358,270,600 |
| 2021 | 4,076,731,500 |
| 2020 | 3,913,022,000 |
| 2019 | 4,797,631,900 |
| 2018 | 4,956,545,300 |
| 2017 | 5,063,078,100 |
| 2016 | 5,128,528,800 |
| 2015 | 5,183,877,500 |
| 2014 |
GDP (constant LCU) in nearby economies
- Antigua and Barbuda — 4.93 billion (2025)
- Argentina — 739.06 billion (2025)
- Aruba — 6.35 billion (2024)
- Bahamas, The — 14.11 billion (2024)
- Barbados — 15.34 billion (2025)
- Belize — 5.4 billion (2025)
- Bolivia — 329.37 billion (2025)
- Brazil — 4.73 trillion (2025)
- Cayman Islands — 5.24 billion (2024)
- Chile — 215.65 trillion (2025)
- Colombia — 1,021.79 trillion (2025)
- Costa Rica — 52.4 trillion (2025)
More economic policy & debt data for Curaçao
- Adjusted savings, education expenditure (% of GNI) — 4.86% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$0 (2021)
- Agriculture, forestry, and fishing, value added (current US$) — US$9.93 million (2024)
- Agriculture, forestry, and fishing, value added (current LCU) — 17.77 million (2024)
- Agriculture, forestry, and fishing, value added (% of GDP) — 0.28% (2024)
- Manufacturing, value added (current US$) — US$103.98 million (2024)
- Manufacturing, value added (current LCU) — 186.12 million (2024)
- Manufacturing, value added (% of GDP)
Reading data like this
Questions people ask
- What is Curaçao's GDP (constant LCU)?
- 4.77 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 2.32% from 4.88 billion in 2000 (0.1% a year on average, compounded). The highest value was 5.24 billion in 2011 and the lowest 3.91 billion in 2020.
- How does Curaçao rank?
- 14th highest of 14 economies with data for 2024.
- Is the latest change in GDP (constant LCU) unusual for Curaçao?
- In 2024, Curaçao's GDP (constant LCU) rose 5% on 2023 (from 4.54 billion to 4.77 billion). Across the 23 yearly changes before that (2001 to 2023), the average change was −0.2% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GDP.MKTP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) 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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in