Curaçao's PPP conversion factor, GDP (LCU per international $) was 1.25 in 2024, the latest year in the World Bank's World Development Indicators. That is down 13.47% from 1.44 in 2014 (1.44% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.25 | 2024 |
| Five years earlier | 1.35 | 2019 |
| Ten years earlier | 1.44 | 2014 |
| Highest | 1.44 | 2014 |
| Lowest | 1.24 | 2023 |
| Average since 2015 | 1.34 | 2015–2024 |
| First recorded | 1.3 | 2000 |
What the numbers say
In 2024, Curaçao's PPP conversion factor, GDP (LCU per international $) rose 0.01 on 2023 (from 1.24 to 1.25).
Across the 23 yearly changes before that (2001 to 2023), the average change was −0.00249 and a typical year strayed about 0.03 from that (the standard deviation). This year's change was 0.4 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 0.09 in 2012 and the biggest yearly fall was 0.06 in 2021. 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 0.03 a year. A straight line explains 96% 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 7th highest value of the 10 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
- Faroe Islands — 3rd of 10: 6.23
- United Arab Emirates — 4th of 10: 2.33
- Aruba — 5th of 10: 1.34
- Bermuda — 7th of 10: 1.2
- Turks and Caicos Islands — 8th of 10: 0.99
- Bahamas, The — 9th of 10: 0.96
What this measures
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.
Limitations: Global PPP estimates provided by ICP are produced by the ICP Global Office and regional implementing agencies, based on data supplied by the national implementing agencies in the participating economies, and in accordance with the methodology recommended by the ICP Technical Advisory Group and approved by the ICP Governing Board. As such, these results are not produced by participating economies as part of their national official statistics.
Regional and income-group figures are computed by the World Bank as a no aggregation provided for this indicator..
All 25 values
| Year | PPP conversion factor, GDP (LCU per international $) |
|---|---|
| 2024 | 1.25 |
| 2023 | 1.24 |
| 2022 | 1.25 |
| 2021 | 1.28 |
| 2020 | 1.34 |
| 2019 | 1.35 |
| 2018 | 1.39 |
| 2017 | 1.39 |
| 2016 | 1.43 |
| 2015 | 1.44 |
| 2014 |
PPP conversion factor, GDP (LCU per international $) in nearby economies
- Antigua and Barbuda — 1.87 (2025)
- Argentina — 567.3 (2025)
- Aruba — 1.34 (2024)
- Bahamas, The — 0.96 (2024)
- Barbados — 2.19 (2025)
- Belize — 1.05 (2025)
- Bolivia — 2.76 (2025)
- Brazil — 2.55 (2025)
- Cayman Islands — 0.94 (2024)
- Chile
More economic policy & debt data for Curaçao
- Adjusted savings, education expenditure (% of GNI) — 4.86% (2021)
- Adjusted savings, mineral depletion (current US$) — 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 PPP conversion factor, GDP (LCU per international $)?
- 1.25 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 3.63% from 1.3 in 2000 (0.15% a year on average, compounded). The highest value was 1.44 in 2014 and the lowest 1.24 in 2023.
- How does Curaçao rank?
- 7th highest of 10 economies with data for 2024.
- Is the latest change in PPP conversion factor, GDP (LCU per international $) unusual for Curaçao?
- In 2024, Curaçao's PPP conversion factor, GDP (LCU per international $) rose 0.01 on 2023 (from 1.24 to 1.25). Across the 23 yearly changes before that (2001 to 2023), the average change was −0.00249 and a typical year strayed about 0.03 from that (the standard deviation). This year's change was 0.4 standard deviations above 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 PA.NUS.PPP, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, publisher: International Comparison Program, type: International statistical program, date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT),… 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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