Curaçao's net secondary income (net current transfers from abroad) (current US$) was −US$48.66 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 157.65% from US$84.41 million in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$48.66 million | 2020 |
| Five years earlier | −US$45.59 million | 2015 |
| Ten years earlier | US$84.41 million | 2010 |
| Highest | US$260.17 million | 2009 |
| Lowest | −US$67.37 million | 2013 |
| Average since 2011 | −US$43.02 million | 2011–2020 |
| First recorded | US$149.44 million |
What the numbers say
In 2020, Curaçao's net secondary income (net current transfers from abroad) (current US$) fell US$20.18 million on 2019 (from −US$28.48 million to −US$48.66 million).
Across the 14 yearly changes before that (2006 to 2019), the average change was −US$12.71 million and a typical year strayed about US$84.02 million from that (the standard deviation). This year's change was 0.1 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$196.03 million in 2009 and the biggest yearly fall was US$175.75 million in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 there is no clear straight-line trend: a straight line explains 25% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 16 values
| Year | Net secondary income (net current transfers from abroad) (current US$) |
|---|---|
| 2020 | -48,662,514 |
| 2019 | -28,481,117 |
| 2018 | -28,938,547 |
| 2017 | -30,949,721 |
| 2016 | -46,145,251 |
| 2015 | -45,586,592 |
| 2014 | -42,346,369 |
| 2013 | -67,374,302 |
| 2012 | -48,379,888 |
| 2011 | -43,351,955 |
Net secondary income (net current transfers from abroad) (current US$) in nearby economies
- Antigua and Barbuda — −US$105.78 million (2025)
- Argentina — US$2.19 billion (2025)
- Aruba — −US$79.9 million (2024)
- Bahamas, The — −US$29.9 million (2024)
- Barbados — US$90.5 million (2025)
- Belize — US$149.91 million (2025)
- Bolivia — US$1.19 billion (2025)
- Brazil — US$5.22 billion (2025)
- Cayman Islands
More economic policy & debt data for Curaçao
- Adjusted savings, education expenditure (% of GNI) — 4.86% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$103.98 million (2024)
- Manufacturing, value added (current LCU) — 186.12 million (2024)
- Manufacturing, value added (% of GDP)
Reading data like this
Questions people ask
- What is Curaçao's net secondary income (net current transfers from abroad) (current US$)?
- −US$48.66 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 132.56% from US$149.44 million in 2005. The highest value was US$260.17 million in 2009 and the lowest −US$67.37 million in 2013.
- Is the latest change in net secondary income (net current transfers from abroad) (current US$) unusual for Curaçao?
- In 2020, Curaçao's net secondary income (net current transfers from abroad) (current US$) fell US$20.18 million on 2019 (from −US$28.48 million to −US$48.66 million). Across the 14 yearly changes before that (2006 to 2019), the average change was −US$12.71 million and a typical year strayed about US$84.02 million from that (the standard deviation). This year's change was 0.1 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 NY.TRF.NCTR.CD, 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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