Remittance inflows to GDP in Curacao
Curacao: Remittance inflows to GDP was 5.2% in 2020. ▲ Rising
Remittance inflows to GDP in Curacao, 2011–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Curacao stood at 5.2%.
The figure is down 11.0% on the previous year and up 2.3% over ten years.
Over the whole period, remittance inflows to gdp in Curacao peaked at 5.9% in 2019 and was at its lowest, 4.4%, in 2013.
Curacao ranks 64th of 197 countries on this measure, in the middle of the range.
Remittance inflows to GDP in Curacao, year by year
| Year | % | Change |
|---|---|---|
| 2011 | 5.1% | — |
| 2012 | 4.5% | -12.2% |
| 2013 | 4.4% | -2.6% |
| 2014 | 4.7% | +7.4% |
| 2015 | 4.7% | -0.5% |
| 2016 | 4.9% | +5.2% |
| 2017 | 5.3% | +8.1% |
| 2018 | 5.1% | -3.4% |
| 2019 | 5.9% | +14.4% |
| 2020 | 5.2% | -11.0% |
Curacao compared with similar countries
- Curacao's 5.2% is above the median for high income countries, which is 0.8%, 6.9× the median. (67 countries reporting)
- Curacao's 5.2% is above the median for Latin America & Caribbean, which is 3.3%, 1.6× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.0% | 4.4% | 5.9% | 9 |
| 2020s | 5.2% | 5.2% | 5.2% | 1 |
Countries ranked near Curacao
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)
- Inflation, GDP deflator: linked series 3.3% (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)
Frequently asked questions
- What is remittance inflows to gdp in Curacao?
- Remittance inflows to gdp in Curacao was 5.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Curacao?
- The highest recorded value was 5.9% in 2019.
- What is the lowest remittance inflows to gdp recorded in Curacao?
- The lowest recorded value was 4.4% in 2013.
- How does Curacao rank for remittance inflows to gdp?
- Curacao ranks 64th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Curacao?
- Over the last ten years it is up 2.3%. The long-run trend across the full record is rising.
- Where does this Curacao data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.