Curaçao's gross fixed capital formation (current LCU) was 1.86 billion in 2018, the latest year in the World Bank's World Development Indicators. That is up 30.52% from 1.42 billion in 2008 (2.7% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.86 billion | 2018 |
| Five years earlier | 1.57 billion | 2013 |
| Ten years earlier | 1.42 billion | 2008 |
| Highest | 1.86 billion | 2018 |
| Lowest | 1.04 billion | 2005 |
| Average since 2009 | 1.54 billion | 2009–2018 |
| First recorded | 1.04 billion |
What the numbers say
In 2018, Curaçao's gross fixed capital formation (current LCU) rose 19% on 2017 (from 1.56 billion to 1.86 billion).
Across the 12 yearly changes before that (2006 to 2017), the average change was +3.7% and a typical year strayed about 8.4% from that (the standard deviation). This year's change was 1.8 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 19% in 2018 and the biggest yearly fall was 10.7% in 2012. 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 the straight-line trend is upward, about 26.97 million a year. A straight line explains 37% 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.
Closest to Curaçao in the 2018 ranking
- Yemen, Rep. — 1st of 2: 715.19 billion
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 | Gross fixed capital formation (current LCU) |
|---|---|
| 2018 | 1,856,600,000 |
| 2017 | 1,559,800,000 |
| 2016 | 1,584,500,000 |
| 2015 | 1,436,800,000 |
| 2014 | 1,451,700,000 |
| 2013 | 1,567,600,000 |
| 2012 | 1,456,100,000 |
| 2011 | 1,631,200,000 |
| 2010 | 1,450,300,000 |
| 2009 | 1,402,000,000 |
Gross fixed capital formation (current LCU) in nearby economies
- Argentina — 135.62 trillion (2025)
- Bahamas, The — 4.08 billion (2024)
- Belize — 1.35 billion (2024)
- Bolivia — 62.99 billion (2024)
- Brazil — 2.15 trillion (2025)
- Chile — 81.89 trillion (2025)
- Colombia — 296.82 trillion (2025)
- Costa Rica — 8.42 trillion (2025)
- Cuba — 138.37 billion (2024)
- Dominican Republic — 1.96 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 gross fixed capital formation (current LCU)?
- 1.86 billion in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 77.7% from 1.04 billion in 2005 (4.52% a year on average, compounded). The highest value was 1.86 billion in 2018 and the lowest 1.04 billion in 2005.
- Is the latest change in gross fixed capital formation (current LCU) unusual for Curaçao?
- In 2018, Curaçao's gross fixed capital formation (current LCU) rose 19% on 2017 (from 1.56 billion to 1.86 billion). Across the 12 yearly changes before that (2006 to 2017), the average change was +3.7% and a typical year strayed about 8.4% from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.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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