Curaçao: GDP deflator (base year varies by country)

Key figures

What the numbers say

In 2024, Curaçao's GDP deflator (base year varies by country) rose 3.3% on 2023 (from 129.34 to 133.65).

Across the 23 yearly changes before that (2001 to 2023), the average change was +2.3% and a typical year strayed about 1.8% from that (the standard deviation). This year's change was 0.6 standard deviations above 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 6.9% in 2008 and the biggest yearly fall was 1.2% in 2011. 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 upward, about 3.32 a year. A straight line explains 96% 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 5th 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

• Lebanon — 1st of 14: 5,785
• Cuba — 2nd of 14: 2,140
• Faroe Islands — 3rd of 14: 135.45
• Bermuda — 5th of 14: 129.48
• Cayman Islands — 6th of 14: 123.6
• French Polynesia — 7th of 14: 121.97

What this measures

The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).

All 25 values

GDP deflator (base year varies by country) in nearby economies

• Antigua and Barbuda — 128.1 (2025)
• Argentina — 114,690 (2025)
• Aruba — 117.52 (2024)
• Bahamas, The — 112.22 (2024)
• Barbados — 104.55 (2025)
• Belize — 123.17 (2025)
• Bolivia — 135.88 (2025)
• Brazil — 269.14 (2025)
• Cayman Islands — 123.6 (2024)
• Chile — 157.66 (2025)

More financial sector data for Curaçao

• DEC alternative conversion factor (LCU per US$) — US$1.79 (2025)
• GDP deflator, linked series (base year varies by country) — 133.65 (2024)
• Inflation, GDP deflator (annual % growth) — 3.33% (2024)
• Inflation, GDP deflator, linked series (annual % growth) — 3.33% (2024)
• Consumer price index (2010 = 100) — 115.53 (2019)
• Inflation, consumer prices (annual % growth) — 2.62% (2019)
• Official exchange rate (LCU per US$, period average) — US$1.79 (2025)

Every indicator for Curaçao is on the Curaçao data page.

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Curaçao's GDP deflator (base year varies by country)?

133.65 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 71.92% from 77.74 in 2000 (2.28% a year on average, compounded). The highest value was 133.65 in 2024 and the lowest 77.74 in 2000.

How does Curaçao rank?

5th highest of 14 economies with data for 2024.

Is the latest change in GDP deflator (base year varies by country) unusual for Curaçao?

In 2024, Curaçao's GDP deflator (base year varies by country) rose 3.3% on 2023 (from 129.34 to 133.65). Across the 23 yearly changes before that (2001 to 2023), the average change was +2.3% and a typical year strayed about 1.8% from that (the standard deviation). This year's change was 0.6 standard deviations above 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 NY.GDP.DEFL.ZS, 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.

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