Curacao GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$22,832.90

Source: world bank Nominal/PPP
Summary:

Curacao GDP Per Capita expanded from 2000 to 2024, increasing from $15,841.26 to $22,832.90 .The compound annual growth rate (CAGR) averaged 1.53% over the period. The economy recorded its peak level in 2024 and its lowest level in 2000. Growth volatility remained high. The maximum drawdown reached 17.87%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.

Latest GDP Per Capita of Curacao 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 22,832.90 dollars$ 32,693.29 Int dollars
Growth (YoY)7.612%6.661%
Net Change vs Previous Year$ 1,615.08 dollars$ 2,041.71 Int dollars
% of World GDP Per Capita20.57%16.37%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Curacao GDP | Curacao GDP Growth

Curacao Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
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200015841.26--21891.05--
200116609.85768.584.852 %23057.261166.225.327 %
200216723.69113.850.685 %23479.8422.541.833 %
200316695.74-27.96-0.167 %23522.2742.480.181 %
200416671.34-24.39-0.146 %23791.2268.921.143 %
200517032.343612.165 %24081.15289.951.219 %
200617400.16367.832.16 %24590.19509.042.114 %
200718005.72605.553.48 %25374.14783.953.188 %
200819423.341417.627.873 %26098.47724.332.855 %
200919540.25116.910.602 %25950.4-148.08-0.567 %
201019847.23306.981.571 %25956.816.420.025 %
201119426.33-420.9-2.121 %26251.36294.551.135 %
201219809.82383.51.974 %25105.99-1145.37-4.363 %
201319721.29-88.53-0.447 %24821.8-284.2-1.132 %
201419623.03-98.26-0.498 %24347.76-474.04-1.91 %
201519361.81-261.22-1.331 %24037.65-310.11-1.274 %
201618944.1-417.72-2.157 %23649.59-388.06-1.614 %
201718938.24-5.85-0.031 %24321.75672.162.842 %
201819119.12180.880.955 %24623.04301.291.239 %
201919220.69101.560.531 %25397773.963.143 %
202016299.81-2920.87-15.197 %21722.02-3674.98-14.47 %
202117795.581495.779.177 %24905.773183.7514.657 %
202220057.142261.5612.709 %28640.693734.9214.996 %
202321217.811160.675.787 %30651.592010.97.021 %
202422832.91615.087.612 %32693.292041.716.661 %

Curacao Economic Phases (2000 - 2024)

From 2000 to 2024, Curacao economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (2001–2002) indicating steady moderate growth
  • Contraction (2003–2004) indicating temporary slowdown
  • Expansion (2005–2007) indicating steady moderate growth
  • Expansion (2009–2010) indicating steady moderate growth
  • Contraction (2013–2017) indicating temporary slowdown
  • Expansion (2018–2019) indicating steady moderate growth
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 2022 with an increase of 12.709%, while the largest decline was in 2020 at -15.197%.