Curaçao's industry, including construction, value added (current LCU) was 776.82 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 13.29% from 895.85 million in 2014 (1.42% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 776.82 million | 2024 |
| Five years earlier | 719.06 million | 2019 |
| Ten years earlier | 895.85 million | 2014 |
| Highest | 928.74 million | 2016 |
| Lowest | 543.68 million | 2020 |
| Average since 2015 | 735.78 million | 2015–2024 |
| First recorded | 561.38 million |
What the numbers say
In 2024, Curaçao's industry, including construction, value added (current LCU) rose 13.2% on 2023 (from 686.51 million to 776.82 million).
Across the 23 yearly changes before that (2001 to 2023), the average change was +1.4% and a typical year strayed about 10% from that (the standard deviation). This year's change was 1.2 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 19.4% in 2001 and the biggest yearly fall was 24.4% in 2020. 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 downward, about 29.04 million a year. A straight line explains 42% 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 24th highest value of the 31 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
- Bahamas, The — 20th of 31: 1.52 billion
- Monaco — 21st of 31: 1.32 billion
- Belize — 22nd of 31: 933.63 million
- Cayman Islands — 24th of 31: 494.47 million
- Bermuda — 25th of 31: 450.16 million
- Tonga — 26th of 31: 271.66 million
What this measures
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 25 values
| Year | Industry, including construction, value added (current LCU) |
|---|---|
| 2024 | 776,815,900 |
| 2023 | 686,506,600 |
| 2022 | 615,910,000 |
| 2021 | 560,844,700 |
| 2020 | 543,679,200 |
| 2019 | 719,055,600 |
| 2018 | 785,926,300 |
| 2017 | 836,733,600 |
| 2016 | 928,738,200 |
| 2015 | 903,607,400 |
Industry, including construction, value added (current LCU) in nearby economies
- Antigua and Barbuda — 1.15 billion (2025)
- Argentina — 193.89 trillion (2025)
- Aruba — 726.83 million (2023)
- Bahamas, The — 1.52 billion (2024)
- Barbados — 1.85 billion (2024)
- Belize — 933.63 million (2024)
- Bolivia — 118.54 billion (2024)
- Brazil — 2.57 trillion (2025)
- Cayman Islands — 494.47 million (2024)
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 industry, including construction, value added (current LCU)?
- 776.82 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 38.38% from 561.38 million in 2000 (1.36% a year on average, compounded). The highest value was 928.74 million in 2016 and the lowest 543.68 million in 2020.
- How does Curaçao rank?
- 24th highest of 31 economies with data for 2024.
- Is the latest change in industry, including construction, value added (current LCU) unusual for Curaçao?
- In 2024, Curaçao's industry, including construction, value added (current LCU) rose 13.2% on 2023 (from 686.51 million to 776.82 million). Across the 23 yearly changes before that (2001 to 2023), the average change was +1.4% and a typical year strayed about 10% from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NV.IND.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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