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Country Report Curaçao 4th Quarter 2020
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HTMLEconomic structure: Annual indicators
| 2016a | 2017a | 2018a | 2019a | 2020b | |
| GDP (US$ m) | 3,122.3 | 3,116.6 | 3,127.9 | 3,103.6 | 2,318.5 |
| Real GDP growth (%) | -1.0 | -1.7 | -2.2 | -3.4b | -27.5 |
| Consumer price inflation (av; %) | -0.1 | 1.6 | 2.6 | 2.6 | 2.2 |
| Population (‘000) | 156.7 | 160.3 | 160.0 | 158.7b | 159.0 |
| Exports fob (US$ m) | 362.3 | 425.0 | 528.0 | 398.2 | 360.4 |
| Imports fob (US$ m) | -1,426.4 | -1,468.9 | -1,736.1 | -1,460.9 | -1,263.7 |
| Current-account balance (US$ m) | -585.2 | -680.0 | -862.6 | -539.0 | -552.7 |
| Gross reserves excl gold (US$ m) | 1,490.7 | 1,334.4 | 1,325.0 | 1,282.4 | 1,282.38 |
| Exchange rate (Naf:US$) | 1.79 | 1.79 | 1.79 | 1.79 | 1.79 |
| a Actual. b Economist Intelligence Unit estimates. | |||||
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| Origins of gross domestic product 2018 | % of total | Components of gross domestic product 2009 | % of total | |
| Financial intermediation | 16.0 | Private consumption | 69.2 | |
| Transport and communications | 10.2 | Fixed investment | 37.8 | |
| Commerce | 9.2 | Government consumption | 16.5 | |
| Manufacturing | 8.8 | Exports of goods & services | 60.7 | |
| Construction | 5.8 | Imports of goods & services | 84.0 | |
| Hotels and restaurants | 5.2 | |||
| Utilities | 2.0 | |||
| Agriculture, fishing and mining | 0.4 | |||
| Other sectors | 42.4 | |||
| Main destinations of exports 2018 | % of total | Main origins of imports 2018 | % of total | |
| Netherlands | 19.5 | US | 30.5 | |
| Aruba | 12.7 | Netherlands | 23.3 | |
| US | 10.7 | Panama | 3.5 | |
| St. Maarten | 4.4 | Venezuela | 3.3 | |
| Venezuela | 1.0 | Puerto Rico | 2.7 |
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Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information