Country Report Curaçao 3rd Quarter 2018

Economic structure: Annual indicators

 2013a2014a2015a2016a2017a
GDP (US$ m)3,147.63,158.43,151.93,121.43,118.9b
Real GDP growth (%)-0.8-1.10.3-1.0-1.7b
Consumer price inflation (av; %)1.31.6-0.5-0.11.6
Population (‘000)152.8154.8157.0156.7156.6
Exports fob (US$ m)701.5691.9466.2416.4477.4
Imports fob (US$ m)-1,906.2-1,818.7-1,531.7-1,421.8-1,478.5
Current-account balance (US$ m)-764.2-505.9-519.2-566.0-681.5
Gross reserves excl gold (US$ m)1,107.81,407.71,344.81,490.71,334.40b
Exchange rate (Naf:US$)1.791.791.791.791.79
a Actual. b Economist Intelligence Unit estimate.

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Origins of gross domestic product 2016% of totalComponents of gross domestic product 2009% of total
Other sectors45.6Private consumption69.2
Manufacturing11.3Fixed investment37.8
Transport and communications10.9Government consumption16.5
Commerce10.2Exports of goods & services60.7
Financial intermediation8.2Imports of goods & services84.0
Construction6.2  
Hotels and restaurants5.1  
Utilities2.1  
Agriculture, fishing and mining0.4  
    
Main destinations of exports 2015% of totalMain origins of imports 2015% of total
Caribbean24.4US33.1
US5.3Venezuela21.5
Venezuela5.2Netherlands13.1
Aruba4.5Asia10.9
Netherlands3.9Caribbean6.2

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