Inflation

 

2018

 2019
Inflation (%) 2.6% 2.6%
Inflationrate CPI (12 month)   2.6% 2.6%

Economy

 

Gross Domestic product 

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 367669.5
Annual growth rate National income per capita (%) 0.7 1.2

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Public Finances

 

2017

2018
Government revenues        (x mln ANG) 1,660.1 1,662.6
Government expenditure    (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-alcholic beverages 5604 12.1%
Alcoholic beverages, tobacco 414 0.9%
Cloting 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 if 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

 

Type of business 

2018
Small 6520
Medium 1210
Large 150
Total  7880
Source: CBS register of companies

 

 

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

2018

2019
Total 38783 38606
International 12361 109333
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 53% in December 2019 which is 2 points less in comparison with June 2019.

 

Income

Gross monthly income of employed Total population (%)

2018
Naf. 0-500 8.4%
Naf. 501-1000 3.8%
Naf. 1001-2000 30%
Naf. 2001-3000 17.8%
Naf. 3001+ 25.2%
Unknown/Not reporter  14.9%

Average monthly income of the employed population 

In ANG
Male  2,493.02
Female  1,944.29
Total  2.187.60

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