Curaçao: Trade (% of GDP)

Key figures

What the numbers say

In 2018, Curaçao's trade (% of GDP) rose 15.46 percentage points on 2017 (from 139.81% to 155.27%).

Across the 12 yearly changes before that (2006 to 2017), the average change was +0.41 percentage points and a typical year strayed about 15.33 percentage points from that (the standard deviation). This year's change was 1.0 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 28.99 percentage points in 2011 and the biggest yearly fall was 22.04 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2009 to 2018 there is no clear straight-line trend: a straight line explains 6% 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.

How it compares

See how every economy compares in the full ranking.

Closest to Curaçao in the 2018 ranking

• Yemen, Rep. — 2nd of 2: 56.08%

What this measures

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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

All 14 values

Trade (% of GDP) in nearby economies

• Argentina — 30.36% (2025)
• Aruba — 164.14% (2024)
• Bahamas, The — 79.24% (2024)
• Belize — 108.97% (2024)
• Bolivia — 46.98% (2024)
• Brazil — 35.29% (2025)
• Chile — 64.98% (2025)
• Colombia — 35.37% (2025)
• Costa Rica — 71.49% (2025)
• Cuba — 124.86% (2024)
• Dominican Republic — 51.49% (2025)
• Ecuador — 59.36% (2025)
• El Salvador

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 trade (% of GDP)?

155.27% in 2018, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 20.36 percentage points from 134.91% in 2005. The highest value was 183.24% in 2012 and the lowest 134.91% in 2005.

Is the latest change in trade (% of GDP) unusual for Curaçao?

In 2018, Curaçao's trade (% of GDP) rose 15.46 percentage points on 2017 (from 139.81% to 155.27%). Across the 12 yearly changes before that (2006 to 2017), the average change was +0.41 percentage points and a typical year strayed about 15.33 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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