Curaçao: Gross capital formation (current US$)

Key figures

What the numbers say

In 2018, Curaçao's gross capital formation (current US$) rose 33.5% on 2017 (from US$937.21 million to US$1.25 billion).

Across the 12 yearly changes before that (2006 to 2017), the average change was +1.6% and a typical year strayed about 9.6% from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 33.5% in 2018 and the biggest yearly fall was 14.7% in 2014. 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 2% 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

See how every economy compares in the full ranking.

Closest to Curaçao in the 2018 ranking

• Yemen, Rep. — 1st of 2: US$1.33 billion

What this measures

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on capital formation may be estimated from direct surveys of enterprises and administrative records or based on the commodity flow method using data from production, trade, and construction activities.

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

All 14 values

Gross capital formation (current US$) in nearby economies

• Argentina — US$110.07 billion (2025)
• Aruba — US$1.07 billion (2024)
• Bahamas, The — US$4.24 billion (2024)
• Belize — US$633.93 million (2024)
• Bolivia — US$9.85 billion (2024)
• Brazil — US$389.32 billion (2025)
• Chile — US$85.97 billion (2025)
• Colombia — US$76.47 billion (2025)
• Costa Rica — US$16.24 billion (2025)
• Cuba — US$10.6 billion (2020)
• Dominican Republic

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

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Questions people ask

What is Curaçao's gross capital formation (current US$)?

US$1.25 billion in 2018, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 52.83% from US$818.6 million in 2005 (3.32% a year on average, compounded). The highest value was US$1.25 billion in 2018 and the lowest US$788.99 million in 2014.

Is the latest change in gross capital formation (current US$) unusual for Curaçao?

In 2018, Curaçao's gross capital formation (current US$) rose 33.5% on 2017 (from US$937.21 million to US$1.25 billion). Across the 12 yearly changes before that (2006 to 2017), the average change was +1.6% and a typical year strayed about 9.6% from that (the standard deviation). This year's change was 3.3 standard deviations above that average, so it was unusually large compared with the rest of the record.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator NE.GDI.TOTL.CD, 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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