Curaçao's general government final consumption expenditure (current LCU) was 789.5 million in 2018, the latest year in the World Bank's World Development Indicators. That is down 2.79% from 812.2 million in 2008 (0.28% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 789.5 million | 2018 |
| Five years earlier | 769.1 million | 2013 |
| Ten years earlier | 812.2 million | 2008 |
| Highest | 875.4 million | 2017 |
| Lowest | 674.6 million | 2005 |
| Average since 2009 | 842 million | 2009–2018 |
| First recorded | 674.6 million |
What the numbers say
In 2018, Curaçao's general government final consumption expenditure (current LCU) fell 9.8% on 2017 (from 875.4 million to 789.5 million).
Across the 12 yearly changes before that (2006 to 2017), the average change was +2.4% and a typical year strayed about 5.9% from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 11.5% in 2014 and the biggest yearly fall was 11% in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2009 to 2018 there is no clear straight-line trend: a straight line explains less than 1% 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.
Closest to Curaçao in the 2018 ranking
- Yemen, Rep. — 1st of 2: 1.04 trillion
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 14 values
| Year | General government final consumption expenditure (current LCU) |
|---|---|
| 2018 | 789,500,000 |
| 2017 | 875,400,000 |
| 2016 | 869,900,000 |
| 2015 | 860,700,000 |
| 2014 | 857,400,000 |
| 2013 | 769,100,000 |
| 2012 | 864,400,000 |
| 2011 | 829,300,000 |
| 2010 | 855,400,000 |
| 2009 | 848,900,000 |
General government final consumption expenditure (current LCU) in nearby economies
- Argentina — 126.53 trillion (2025)
- Aruba — 1.34 billion (2024)
- Bahamas, The — 2.04 billion (2024)
- Belize — 1.02 billion (2024)
- Bolivia — 62.7 billion (2024)
- Brazil — 2.44 trillion (2025)
- Chile — 51.19 trillion (2025)
- Colombia — 287.16 trillion (2025)
- Costa Rica — 7.26 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 general government final consumption expenditure (current LCU)?
- 789.5 million in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 17.03% from 674.6 million in 2005 (1.22% a year on average, compounded). The highest value was 875.4 million in 2017 and the lowest 674.6 million in 2005.
- Is the latest change in general government final consumption expenditure (current LCU) unusual for Curaçao?
- In 2018, Curaçao's general government final consumption expenditure (current LCU) fell 9.8% on 2017 (from 875.4 million to 789.5 million). Across the 12 yearly changes before that (2006 to 2017), the average change was +2.4% and a typical year strayed about 5.9% from that (the standard deviation). This year's change was 2.1 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NE.CON.GOVT.CN, 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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