Curaçao: Net primary income (current US$, BoP)

Key figures

What the numbers say

In 2023, Curaçao's net primary income (current US$, BoP) fell US$9.53 million on 2022 (from US$36.78 million to US$27.25 million).

Across the 11 yearly changes before that (2012 to 2022), the average change was +US$4.99 million and a typical year strayed about US$20.21 million from that (the standard deviation). This year's change was 0.7 standard deviations below 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 US$34.26 million in 2017 and the biggest yearly fall was US$26.92 million 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 2014 to 2023 the straight-line trend is upward, about US$7.73 million a year. A straight line explains 63% 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 3rd highest value of the 12 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

• Libya — 1st of 12: US$2.19 billion
• Tuvalu — 2nd of 12: US$47.88 million
• Comoros — 4th of 12: US$7.38 million
• Palau — 5th of 12: −US$16.56 million
• Sint Maarten (Dutch part) — 6th of 12: −US$49.04 million

What this measures

Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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: Discrepancies may arise in the balance of payments because there is no single source for balance of payments data and therefore no way to ensure that the data are fully consistent. Sources include customs data, monetary accounts of the banking system, external debt records, information provided by enterprises, surveys to estimate service transactions, and foreign exchange records. Differences in collection methods - such as in timing, definitions of residence and ownership, and the exchange rate used to value transactions - contribute to net errors and omissions. In addition, smuggling and other illegal or quasi-legal transactions may be unrecorded or misrecorded.

All 13 values

Net primary income (current US$, BoP) in nearby economies

• Antigua and Barbuda — −US$75.61 million (2025)
• Argentina — −US$14.08 billion (2025)
• Aruba — −US$315.68 million (2023)
• Bahamas, The — −US$820.22 million (2024)
• Barbados — −US$253.07 million (2017)
• Belize — −US$164.55 million (2025)
• Bolivia — −US$1.72 billion (2025)
• Brazil — −US$81.35 billion (2025)
• Chile — −US$19.35 billion (2025)
• Colombia — −US$12.57 billion (2025)
• Costa Rica

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 net primary income (current US$, BoP)?

US$27.25 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2011?

It is up 250.31% from −US$18.13 million in 2011. The highest value was US$56.37 million in 2020 and the lowest −US$54.68 million in 2013.

How does Curaçao rank?

3rd highest of 12 economies with data for 2023.

Is the latest change in net primary income (current US$, BoP) unusual for Curaçao?

In 2023, Curaçao's net primary income (current US$, BoP) fell US$9.53 million on 2022 (from US$36.78 million to US$27.25 million). Across the 11 yearly changes before that (2012 to 2022), the average change was +US$4.99 million and a typical year strayed about US$20.21 million from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BN.GSR.FCTY.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, 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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