Current account balance in Curacao
Curacao: Current account balance was -654.69 million BoP, current US$ in 2023. ▲ Rising
Current account balance in Curacao, 2011–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Curacao recorded -654.69 million BoP, current US$ for current account balance in 2023.
That represents a change of up 20.4% on the previous year and up 14.3% over ten years.
Over the whole period, current account balance in Curacao peaked at -505.82 million BoP, current US$ in 2014 and was at its lowest, -895.05 million BoP, current US$, in 2012.
That places Curacao 114th out of 199 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -686.92 million BoP, current US$ | -895.05 million BoP, current US$ | -505.82 million BoP, current US$ | 9 |
| 2020s | -668.73 million BoP, current US$ | -822.67 million BoP, current US$ | -508.76 million BoP, current US$ | 4 |
Countries ranked near Curacao
- 111 Fiji -464.37 million BoP, current US$ compare
- 112 Bhutan -649.30 million BoP, current US$ compare
- 113 New Caledonia -654.24 million BoP, current US$ compare
- 115 Cayman Islands -686.07 million BoP, current US$ compare
- 116 Costa Rica -686.75 million BoP, current US$ compare
- 117 East Timor -701.36 million BoP, current US$ compare
More economy & growth data for Curacao
- Exports of goods and services 1.93 billion current US$ (2018)
- Final consumption expenditure 4.78 billion current LCU (2018)
- Final consumption expenditure 87.7% (2018)
- Gross national expenditure 3.92 billion current US$ (2018)
- Gross national expenditure 7.02 billion current LCU (2018)
- Gross national expenditure 128.8% (2018)
- Services, value added 72.3% (2024)
- Gross fixed capital formation 1.04 billion current US$ (2018)
- Services, value added 4.61 billion current LCU (2024)
- Final consumption expenditure 2.67 billion current US$ (2018)
Frequently asked questions
- What is current account balance in Curacao?
- Current account balance in Curacao was -654.69 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Curacao?
- The highest recorded value was -505.82 million BoP, current US$ in 2014.
- What is the lowest current account balance recorded in Curacao?
- The lowest recorded value was -895.05 million BoP, current US$ in 2012.
- How does Curacao rank for current account balance?
- Curacao ranks 114th out of 199 countries with data for 2023.
- Is current account balance rising or falling in Curacao?
- Over the last ten years it is up 14.3%. The long-run trend across the full record is rising.
- Where does this Curacao data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.