Economy
Economic activities within a country involve numerous transactions among various sectors, including the government, financial and non-financial sectors, households, non-profit institutions, and the rest of the world. To comprehend this intricate economic landscape, having a robust system is crucial.
National Accounts offer a comprehensive view of the economic dynamics within a given year. This perspective is built upon the concepts and definitions outlined by the UN and IMF in the System of National Accounts 1993 (SNA 1993), to the extent that data availability permits. The system comprises a coherent and adaptable framework of macroeconomic accounts, which serve as valuable tools for economic analysis (utilized by local organizations, institutions such as enterprises and universities, students, and international organizations like the UN, IMF, and World Bank) and policy formulation.
Within this framework, alongside data on Gross Domestic Product (GDP), you'll also find information on Gross National Income, Income per capita, Gross savings, and Gross National Disposable Income. All data presented in this section are estimates provided by CBS.
For historical data on the Economy theme, please visit our online digital library by clicking here CBS Home - National Accounts
Economic indicators
2021 | 2022 | 2023 | |
| GDP at current market prices,(nominal GDP in mln ANG | 4229.9 | 4669.8 | 5008.2 |
| GDP at constant market prices (real GDP) in mln ANG | 4093.9 | 5504.6 | 5873.7 |
| Nominal GDP growth (%) | 8.1 | 12.2 | 6.7 |
| Real GDP growth (%) | 4.2 | 7.9 | 4.2 |
GDP by employed person | 2021 | 2022 | |
| Nominal GDP per employed person (ANG) | 79240 | 82500 | |
| Annual growth rate of nominal GDP per employed person in % | -0.3 | 4.1 | |
| Real GDP per employed persona (ANG) | 65232 | 79033 | |
| Growth rate Real GDP by employed person | -3.9 | - |
GDP per capita | 2021 | 2022 |
| GDP per capita at market prices, nominal (ANG) | 32184 | 36698 |
| Annual growth rate of nominal GDP per capita (%) | 9.9 | 14.0 |
| GDP per capita at market prices, real (ANG) | 26495 | 35156 |
| Annual growth rate of real GDP per capita (%) | 6.0 | - |
| Inflation (%) | 3.8 | 7.4 |
Gross National Income (GNI) | 2021 | 2022 |
|---|---|---|
| Gross National Income, at current market prices (mln ANG) | 4986.7 | 5552.6 |
| Annual growth rate of Gross national income at current market prices | 8.6 | 10.7 |
| Gross National Income per capita, at current market prices (mln ANG) | 32727.7 | 36818.3 |
| Annual growth rate of Gross National Income per capita, at current market prices | 10.5 | 12.5 |
Fore more detailed information and data of previous years about this
this topic please visit our website www.cbs.cw
Press Releases
- Eerste resultaten van het Bruto Binnenlands Product Curaçao 2023
Eerste resultaten van het Bruto Binnenlands Product Curaçao 2022 - Eerste resultaten van het Bruto Binnenlands Product Curaçao 2021
- Eerste resultaten van het Bruto Binnenlands Product Curaçao 2020
Eerste resultaten van het Bruto Binnenlands Product Curaçao 2019
Eerste resultaten van het Bruto Binnenlands Product Curaçao 2018 - Eerste resultaten van het Bruto Binnenlands Product Curaçao 2017
- Eerste resultaten van het Bruto Binnenlands Product Curaçao 2016
- Eerste resultaten van het Bruto Binnenlands Product Curaçao 2015
- Eerste resultaten van het Bruto Binnenlands Product Curaçao 2014
Articles & Publications
Economische ontwikkeling 2023 : Een standhoudende economie (artikel)
Ecnomische ontwikkeling voor Curaçao in 2022
Economische ontwikkeling 2022 : een rijzende economie (artikel)
National Accounts Curaçao 2018
Economische ontwikkeling voor Curaçao in 2021
Economische ontwikkeling 2021 : een economie in ontwikkeling
Economische ontwikkeling 2020 : een economie onder druk
National accounts Curaçao 2017
National accounts Curaçao 2016
Classifications
International Standard Industrial Classification (ISIC)
The International Standard Industrial Classification of All Economic Activities (ISIC) is the international reference classification of productive activities. Its main purpose is to provide a set of activity categories that can be utilised for the collection and reporting of statistics according to such activities. It provides a comprehensive framework within which economic data can be collected and reported in a format that is designed for purposes of economic analysis, decision-taking and policy-making. The classification structure represents a standard format to organise detailed information about the state of an economy according to economic principles and perceptions.
These economic activities are subdivided in a hierarchical, four-level structure of mutually exclusive categories, facilitating data collection, presentation and analysis at detailed levels of the economy in an internationally comparable, standardized way. CBS Curaçao has been collecting and reporting on the highest (less detailed) level. This level is referred to as the industrial sectors/industries. You can download the ISIC 4 here