Inflation

 

2018

 2019

2020

Inflation (%) 2.6% 2.6% 2.2%
CPI 12 month average 128.7 132.1 135.0

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this topic please visit our website www.cbs.cw or the Digital library of CBS

Economy

 

Gross Domestic product (preliminary)

2018

2019

GDP at market prices, nominal (Mln ANG)  5,599.0 5552.2
Nominal GDP growth (in%)  0.4% -0.85
GDP at market prices, real (Mln ANG) 5089.6 4917.9
Real GDP growth (in%) -2.2 -3.4
GDP per Capita at market prices, nominal (ANG) 34990.9 34994.8
Annual growth rate of real GDP per capita (%) -2.6 -2.0
Annual growth rate of nominal GDP per employed person in %  3.8 -2.2
 

2018

2019

Gross National Income, market prices (Mln ANG) 5786.7 5789.0
Gross National Income per capita, market prices (ANG) 36316.8 36769.5
Annual growth rate National income per capita (%) 0.7 1.2

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this topic please visit our website www.cbs.cw

Public Finances

 

2017

2018

Government revenues        (x mln ANG) 1,650.0 1,638.7
Government expenditures    (x mln ANG)

1,781.5

1,776.0

 

 

2018

2019

Income from direct taxes    (x mln ANG)

642.3

649.3

Income from indirect taxes (x mln ANG)

799.8

840.1

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Budget Expenditure Survey

BUDGET EXPENDITURE SURVEY 2016

Average absolute/relative annual spending by categories, in NAf

   
Spending categories Average spending (Absolute) Average spending  (Relative)
Food and non-alcoholic beverages 5604 12.1%
Alcoholic beverages, tobacco 414 0.9%
Clothing and footwear 1464 3.2%
Housing 11502 24.9%
Furnishings and household equipment 4957 10.7%
Health 832 1.8%
Transport 6095 13.2%
Communication 3092 6.7%
Recreation and culture 4774 10.3%
Education 480 1.0%
Hotel and Restaurant 1032 2.2%
Total 5978 12.9%
Total 46223 100%

*local purchases

Source: Budget Expenditure Survey 2016 CBS Curaçao

International Trade

 

 

2018

2019

Total imports, exclusive oil and oil products (in mln ANG) 2446 2141
Total exports, exclusive oil and oil products (in mln ANG) 205 172

Imports by main country (%)

2018

2019 
USA 30.5 33.6
Netherlands 23.3 27.0
Puerto Rico 2.7 2.6
Venezuela 3.3 3.2
Panama 3.5 4.3
Rest of the world 36.7

29.3

Export by main country (%)

2018

2019
USA 10.7 9.1
Aruba 12.7 10.8
Netherlands 19.5 20.5
Bonaire 25.6 30.8
St Maarten 4.4 4.5
Rest of the world 51.7 23.8

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Enterprises

Number of "businesses" per ending of 2019

Type of business 

2019

2020

Small 6520 6420
Medium 1208 1190
Large 148 152
Total  1876 7762
Source: CBS Business Registry
   

 

Total Active registered companies per Jan,1st at Chamber of Commerce Curaçao  

2018

2019

Total 38783 38606
International 12361 10933
Local 26422 27673

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Business Cycle Survey

 

BUSINESS CYCLE INDEX 2014-2019

This index is based on data from confidence in the future, perception of
the investment climate and changes in turnover of the Business Cycle
Survey.
The intention of the index is to give an indication of the trend of the
business cycle from December 2010 on to date. Since June 2014 (57%), the
index increased to 72% points (December 2016). From that date forward the
index decreased to 30% in June 2020 which is 20 points less in comparison with December 2019.

Income

Gross monthly income of employed Total population (%)

2018

2019

Naf. 0-500 8.4% 3.1%
Naf. 501-1000 3.8% 11.1%
Naf. 1001-2000 30% 27.9%
Naf. 2001-3000 17.8% 18%
Naf. 3001+ 25.2% 22.8%
Unknown/Not reporter  14.9% 17.1%

Average monthly income of the employed population in ANG 

2018

2019

Male  2533.11 2458.42
Female  1944.50 1870.52
Total  2232.15 2127.86

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