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

 

2021

2022

GDP at current market prices,(nominal GDP in mln ANG 4903.875504.57
GDP at constant market prices (real GDP) in mln ANG4036.945273.24
Nominal GDP growth (%)        8.1     12.2
Real GDP growth (%)        4.2      7.9
   

GDP by employed person

2021

2022

Nominal GDP per employed person (ANG)   7924082500
Annual growth rate of nominal GDP per employed person in %                    -0.3      4.1
Real GDP per employed persona (ANG)6523279033
Growth rate Real GDP by employed person     -3.9         -

GDP per capita

2021

2022

GDP per capita at market prices, nominal (ANG)3218436698
Annual growth rate of nominal GDP per capita (%)                                        9.9   14.0
GDP per capita at market prices, real (ANG)2649535156
Annual growth rate of real GDP per capita (%)      6.0    -
   
Inflation (%)      3.8         7.4

Gross National Income (GNI)                                                             

20212022
Gross National Income, at current market prices (mln ANG)4986.75552.6
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)32727.736818.3
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

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