Curaçao: Gross national expenditure (% of GDP)

Key figures

What the numbers say

In 2018, Curaçao's gross national expenditure (% of GDP) rose 8.22 percentage points on 2017 (from 120.55% to 128.78%).

Across the 12 yearly changes before that (2006 to 2017), the average change was +0.39 percentage points and a typical year strayed about 5.51 percentage points from that (the standard deviation). This year's change was 1.4 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 9.52 percentage points in 2010 and the biggest yearly fall was 5.9 percentage points 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 2009 to 2018 there is no clear straight-line trend: a straight line explains 13% 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: 138.57%

What this measures

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

All 14 values

Gross national expenditure (% of GDP) in nearby economies

• Argentina — 101.02% (2025)
• Aruba — 92.79% (2024)
• Bahamas, The — 104.02% (2024)
• Belize — 100.02% (2024)
• Bolivia — 104.11% (2024)
• Brazil — 99.65% (2025)
• Chile — 95.86% (2025)
• Colombia — 105.4% (2025)
• Costa Rica — 93.79% (2025)
• Cuba — 139.92% (2024)
• 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 national expenditure (% of GDP)?

128.78% in 2018, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 12.86 percentage points from 115.92% in 2005. The highest value was 132.85% in 2010 and the lowest 111.33% in 2015.

Is the latest change in gross national expenditure (% of GDP) unusual for Curaçao?

In 2018, Curaçao's gross national expenditure (% of GDP) rose 8.22 percentage points on 2017 (from 120.55% to 128.78%). Across the 12 yearly changes before that (2006 to 2017), the average change was +0.39 percentage points and a typical year strayed about 5.51 percentage points from that (the standard deviation). This year's change was 1.4 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.DAB.TOTL.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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