Inflation

 

 2019

2020

2021

Inflation (%)2.62.23.8
CPI 12 month average100.0102.2106.0

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Economy

Gross Domestic product (preliminary)

2020

2021

GDP at market prices, nominal (Mln ANG) 4468.2 
Nominal GDP growth (in%) -16.7 
GDP at market prices, real (Mln ANG)3873.0 
Real GDP growth (in%)-18.44.2
GDP per Capita at market prices, nominal (ANG)2883.7 
Annual growth rate of real GDP per capita (%)-15.3 
Annual growth rate of nominal GDP per employed person in % -10.1 
 

2019

2020

Gross National Income, market prices (Mln ANG)5458.74481.1
Gross National Income per capita, market prices (ANG)            3467128920
Annual growth rate National income per capita (%)1.4-16.8

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this topic please visit our website www.cbs.cw

Public Finances

 

2019

2020

Government revenues          (x mln ANG)1,624.01,432.4
Government expenditures    (x mln ANG)1,652.72,103.6

 

2019

2020

Income from direct taxes    (x mln ANG)840.1511.1
 
Income from indirect taxes (x mln ANG)619.5684.4

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Budget Expenditure Survey

BUDGET EXPENDITURE SURVEY 2016

Average absolute/relative annual spending by categories, in NAf

  
Spending categoriesAverage spending (Absolute)Average spending  (Relative)
Food and non-alcoholic beverages560412.1%
Alcoholic beverages, tobacco4140.9%
Clothing and footwear14643.2%
Housing1150224.9%
Furnishings and household equipment495710.7%
Health8321.8%
Transport609513.2%
Communication30926.7%
Recreation and culture477410.3%
Education4801.0%
Hotel and Restaurant10322.2%
Total597812.9%
Total46223100%

*local purchases

Source: Budget Expenditure Survey 2016 CBS Curaçao

International Trade

 

2020

2021

Total imports, exclusive oil and oil products (in mln ANG)17951908
Total exports, exclusive oil and oil products (in mln ANG)147156

Imports by main country (%)

2020

2021

USA31.831.6
Netherlands25.928.2
Puerto Rico3.42.9
Venezuela1.30.6
Panama6.36.8
Rest of the world

31.3


29.9

 

Export by main country (%)

2019

2020

2021

USA9.110.210.9
Aruba10.812.211.5
Netherlands20.514.317.9
Bonaire30.833.335.9
St Maarten4.52.72.6
Rest of the world23.827.221.2

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Enterprises

Number of  businesses per ending of 2020

Type of business 

2019

2020

Small65206420
Medium12081190
Large148152
Total 18767762
Source: CBS Business Registry
  

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

2020

2021

Total3855039485
International98418903
Local2870930592

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Business Cycle Survey

 

BUSINESS CYCLE INDEX 2014-2020

The business cycle index is based on data from ‘confidence in the future’, ‘perception of the investment climate’ and ‘changes of the turnover’. The intention of the index is to give an indication of the trend of the business cycle from December 2010 to date.

Since the end of 2010, after the dissolution of the Netherlands Antilles and the creation of the Country of Curaçao, the index has shown a gradually increasing trend, after a sharp decline to 51 percent in 2013, until December 2016.  As of June 2020, during the corona crisis and lockdown, the index decreased sharply from 53 to 30 points compared to December 2019. Fortunately, there was no further decline in the second half of 2020, perhaps under the influence of decreased covid measures, financial injections from the Netherlands and increased creativity on the part of companies. As a result, the index recovered somewhat and increased by 4 points to 34.

Business Cycle Index dec 2020

Income

Gross monthly income of employed Total population (%)

2018

2019

Naf. 0-5008.4%3.1%
Naf. 501-10003.8%11.1%
Naf. 1001-200030%27.9%
Naf. 2001-300017.8%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 2533.112458.42
Female 1944.501870.52
Total 2232.152127.86

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