Curaçao: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Key figures

What the numbers say

In 2023, Curaçao's merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 0.88 percentage points on 2022 (from 9.23% to 8.35%).

Across the 11 yearly changes before that (2012 to 2022), the average change was −8.25 percentage points and a typical year strayed about 28.47 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 2.64 percentage points in 2020 and the biggest yearly fall was 94.03 percentage points in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about 11.61 percentage points a year. A straight line explains 62% 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 2023, Curaçao had the 156th highest value of the 203 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 2023 ranking

• Grenada — 152nd of 203: 8.88%
• St. Kitts and Nevis — 153rd of 203: 8.81%
• Korea, Rep. — 154th of 203: 8.67%
• Timor-Leste — 156th of 203: 8.1%
• Aruba — 157th of 203: 7.81%
• St. Lucia — 158th of 203: 7.69%

What this measures

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Limitations: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 13 values

Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in nearby economies

• Antigua and Barbuda — 9.54% (2023)
• Argentina — 29.67% (2023)
• Aruba — 7.81% (2023)
• Bahamas, The — 3.86% (2023)
• Barbados — 5.7% (2023)
• Belize — 20.39% (2023)
• Bolivia — 26.34% (2023)

More private sector & trade data for Curaçao

• International tourism, receipts (current US$) — US$282 million (2020)
• International tourism, number of arrivals — 1.29 million (2019)
• International tourism, expenditures (current US$) — US$127 million (2020)
• Import unit value index (2015 = 100) — 124.5 (2025)
• Merchandise imports (current US$) — US$2.33 billion (2025)
• Export unit value index (2015 = 100) — 171.8 (2025)
• Merchandise exports (current US$) — US$397 million (2025)
• International tourism, receipts for passenger transport items (current US$) — US$1 million (2020)
• International tourism, expenditures for passenger transport items (current US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Curaçao's merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?

8.35% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2011?

It is down 91.65 percentage points from 100% in 2011. The highest value was 100% in 2014 and the lowest 5.65% in 2019.

How does Curaçao rank?

156th highest of 203 economies with data for 2023.

Is the latest change in merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) unusual for Curaçao?

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.OR.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) 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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