Inflation, GDP deflator: linked series (annual %) in Curacao
Curacao: Inflation, GDP deflator: linked series (annual %) was 3.3% in 2024. ◆ Volatile
Inflation, GDP deflator: linked series in Curacao, 2001–2024
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
Curacao recorded 3.3% for inflation, gdp deflator: linked series in 2024.
That represents a change of up 38.6% on the previous year and up 122.3% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Curacao peaked at 6.9% in 2008 and was at its lowest, -1.2%, in 2011.
That places Curacao 106th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series (annual %) in Curacao, year by year
| Year | annual % | Change |
|---|---|---|
| 2001 | 1.8% | — |
| 2002 | 0.4% | -77.1% |
| 2003 | 1.6% | +295.1% |
| 2004 | 1.4% | -14.8% |
| 2005 | 4.1% | +197.1% |
| 2006 | 3.1% | -23.7% |
| 2007 | 3.0% | -4.2% |
| 2008 | 6.9% | +130.0% |
| 2009 | 1.8% | -73.9% |
| 2010 | 2.8% | +54.4% |
| 2011 | -1.2% | -144.0% |
| 2012 | 3.2% | -360.5% |
| 2013 | 1.3% | -58.2% |
| 2014 | 1.5% | +12.5% |
| 2015 | -0.5% | -131.8% |
| 2016 | -0.0% | -90.1% |
| 2017 | 1.6% | -3454.7% |
| 2018 | 2.6% | +63.0% |
| 2019 | 2.6% | +1.6% |
| 2020 | 2.7% | +2.1% |
| 2021 | 3.8% | +40.2% |
| 2022 | 5.0% | +33.0% |
| 2023 | 2.4% | -51.9% |
| 2024 | 3.3% | +38.6% |
Curacao compared with similar countries
- Curacao's 3.3% is above the median for high income countries, which is 2.6%, 1.3× the median. (82 countries reporting)
- Curacao's 3.3% is below the median for Latin America & Caribbean, which is 3.4%, 99% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator: linked series (annual %) in Curacao changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +3454.7% | -0.0% | 1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.7% | 0.4% | 6.9% | 9 |
| 2010s | 1.4% | -1.2% | 3.2% | 10 |
| 2020s | 3.4% | 2.4% | 5.0% | 5 |
Countries ranked near Curacao
- 103 Guatemala 3.4% compare
- 104 Mauritania 3.4% compare
- 105 Vietnam 3.3% compare
- 107 Netherlands 3.3% compare
- 108 Maldives 3.3% compare
- 109 Luxembourg 3.2% compare
More financial sector data for Curacao
- Net migration, annual growth rate -8.38 % change on previous year (2025)
- Net migration 470 (2025)
- Official exchange rate 1.79 LCU per US$, period average (2025)
- GDP deflator: linked series 133.65 base year varies by country (2024)
- GDP deflator: linked series (base year varies by country), annual 3.33 % change on previous year (2024)
- Reserve assets 1.32 billion US dollar (2021)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 7.43 billion US dollar (2021)
- Consumer price index 115.53 2010 = 100 (2019)
- Reserve assets (Assets, Positions, US dollar), annual growth rate -0.5018 % change on previous year (2021)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Curacao?
- Inflation, gdp deflator: linked series in Curacao was 3.3% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Curacao?
- The highest recorded value was 6.9% in 2008.
- What is the lowest inflation, gdp deflator: linked series recorded in Curacao?
- The lowest recorded value was -1.2% in 2011.
- How does Curacao rank for inflation, gdp deflator: linked series?
- Curacao ranks 106th out of 214 countries with data for 2024.
- Is inflation, gdp deflator: linked series rising or falling in Curacao?
- Over the last ten years it is up 122.3%. The long-run trend across the full record is volatile.
- Where does this Curacao data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.