Curaçao's net trade in goods and services (current US$, BoP) was −US$657.75 million in 2023, the latest year in the World Bank's World Development Indicators. That is down 4.47% from −US$629.6 million in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$657.75 million | 2023 |
| Five years earlier | −US$810.45 million | 2018 |
| Ten years earlier | −US$629.6 million | 2013 |
| Highest | −US$417.69 million | 2014 |
| Lowest | −US$844.75 million | 2022 |
| Average since 2014 | −US$619.57 million | 2014–2023 |
| First recorded | −US$820.71 million |
What the numbers say
In 2023, Curaçao's net trade in goods and services (current US$, BoP) rose US$186.99 million on 2022 (from −US$844.75 million to −US$657.75 million).
Across the 11 yearly changes before that (2012 to 2022), the average change was −US$2.19 million and a typical year strayed about US$176.4 million from that (the standard deviation). This year's change was 1.1 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 US$254.25 million in 2019 and the biggest yearly fall was US$298.29 million in 2022. 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 US$28.35 million a year. A straight line explains 38% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Curaçao had the 9th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Curaçao in the 2023 ranking
What this measures
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 13 values
| Year | Net trade in goods and services (current US$, BoP) |
|---|---|
| 2023 | -657,754,762 |
| 2022 | -844,747,427 |
| 2021 | -546,455,888 |
| 2020 | -694,482,616 |
| 2019 | -556,204,746 |
| 2018 | -810,450,712 |
| 2017 | -666,661,828 |
| 2016 | -525,916,201 |
| 2015 | -475,363,128 |
| 2014 | -417,692,737 |
Net trade in goods and services (current US$, BoP) in nearby economies
- Antigua and Barbuda — −US$99.96 million (2025)
- Argentina — US$3.76 billion (2025)
- Aruba — US$587.86 million (2023)
- Bahamas, The — −US$297.87 million (2024)
- Barbados — US$15.07 million (2017)
- Belize — −US$77.64 million (2025)
- Bolivia — US$89.68 million (2025)
- Brazil — US$9.09 billion (2025)
- Chile — US$14.91 billion (2025)
- Colombia
More economic policy & debt data for Curaçao
- Adjusted savings, education expenditure (% of GNI) — 4.86% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$103.98 million (2024)
- Manufacturing, value added (current LCU) — 186.12 million (2024)
- Manufacturing, value added (% of GDP)
Reading data like this
Questions people ask
- What is Curaçao's net trade in goods and services (current US$, BoP)?
- −US$657.75 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2011?
- It is up 19.86% from −US$820.71 million in 2011. The highest value was −US$417.69 million in 2014 and the lowest −US$844.75 million in 2022.
- How does Curaçao rank?
- 9th highest of 12 economies with data for 2023.
- Is the latest change in net trade in goods and services (current US$, BoP) unusual for Curaçao?
- In 2023, Curaçao's net trade in goods and services (current US$, BoP) rose US$186.99 million on 2022 (from −US$844.75 million to −US$657.75 million). Across the 11 yearly changes before that (2012 to 2022), the average change was −US$2.19 million and a typical year strayed about US$176.4 million from that (the standard deviation). This year's change was 1.1 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 BN.GSR.GNFS.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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