Economy
Economic activities in a country are characterised by numerous transactions between different sectors, namely the government, the financial and non-financial sector, the household sector, the non-profit institutions and the rest of the world. In order to understand this complex economic process, it is important to have an adequate system.
National Accounts provide an overview of the economic process in a certain year. This overview is based on the concepts and definitions recommended by the UN and IMF in the System of National Accounts 1993 (SNA 1993) as far as the data availability allows it. The system consists of a consistent and flexible set of macro-economic accounts, which can be used for economic analysis (by either local organisations and institutions such as enterprises, universities, students and international organisations as the UN, IMF, World bank) and policy purposes.
Under this theme in addition to data on Gross Domestic Product (GDP) you can also find data on Gross National Income, Income by capita, Gross savings, Gross National Disposable Income. All the data presented in this section are estimates of CBS.
For older data regarding the theme Economy please visit our online digital library by clicking here CBS Home - National Accounts
Economic indicators
| Economic Indicators | ||
| 2019 | 2020 | |
| GDP at market prices, nominal (mln.ANG) | 5552.2 | 4646.5 |
| Nominal GDP growth (in%) | -0.8 | -16.3 |
| GDP at market prices, real (mln ANG) | 4917.9 | 4011.2 |
| Real GDP growth (in%) | -3.2 | -18.4 |
| GDP per capita at market prices, nominal (ANG) | 34994.8 | 29742.9 |
| Annual growth rate of nominal GDP per capita (%) | 0.6 | -15.0 |
| GDP per capita at market prices real (ANG) | -2 | -15 |
| Annual grouwth rate of nominal GDP per employe person (%) | -2.2 | |
| Annual growth rate of real GDP per employed person (%) | -4.7 | |
| Gross National Income, market prices (mln ANG) | 5789 | 4854.3 |
| Gross National income per capita, market prices (ANG) | 36769.5 | 31328.8 |
| Annual growth rate National Income per capita (%) | 1.2 | -15.5 |
Press Releases
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2022
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2021
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2020
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2019
Eerste resultaten van het Bruto Binnenlands Product Curaçao 2018
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2017
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2016
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2015
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Eerste resultaten van het Bruto Binnenlands Product Curaçao 2014
Articles & Publications
Economische 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