Curaçao Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Curaçao's trade balance was $-876.6M in 2018, ranked 78th globally. This represents a 40.6% decrease from 2017. Data from World Bank, covering 2005–2018.
Overview
Curaçao's trade balance stood at $-876.6M in 2018, a decline of +$253.2M from 2017. Curaçao ranked 78th globally.
Curaçao’s trade balance remained firmly in deficit over the 14‑year series, widening from –373,240,223.46 in 2005 to –876,648,044.69 in 2018, the latter placing the island at rank 78 globally. The most favorable position occurred in 2015 when the deficit narrowed to –346,424,581.01, while the deepest shortfall was recorded in 2010 at –969,608,938.55. Compared with peers of similar ranking, Curaçao’s 2018 deficit exceeds that of Hong Kong SAR, China (–773,234,675.00) but is slightly smaller than Timor‑Leste’s (–917,350,550.27). The persistent negative balance reflects limited export diversification and a reliance on imported goods and services, a pattern common among small island economies. Structural reforms that boost high‑value production and expand services exports could moderate the deficit, while any shift in global commodity prices or tourism demand is likely to influence the trajectory in the coming years.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2018 | $-876.6M | −$253.2M | #78 |
| 2017 | $-623.5M | −$228.4M | #78 |
| 2016 | $-395.1M | −$48.7M | #85 |
| 2015 | $-346.4M | +$35.9M | #97 |
| 2014 | $-382.3M | +$157.9M | #89 |
| 2013 | $-540.2M | +$111.9M | #89 |
| 2012 | $-652.1M | +$137.6M | #90 |
| 2011 | $-789.7M | +$179.9M | #86 |
| 2010 | $-969.6M | −$300.1M | #73 |
| 2009 | $-669.5M | +$118.4M | #79 |
| 2008 | $-787.9M | −$156.5M | #87 |
| 2007 | $-631.4M | −$194.6M | #75 |
| 2006 | $-436.8M | −$63.6M | #74 |
| 2005 | $-373.2M | – | #79 |
Analysis
Curaçao's trade balance was $-876.6M in 2018, a decline of −$253.2M from 2017.
Frequently Asked Questions
Curaçao's trade balance was $-876.6M in 2018. Ranked 78th globally. This represents a 40.6% decrease from the previous year.
Curaçao's trade balance peaked at $-346.4M in 2015.
The lowest trade balance in Curaçao was $-969.6M in 2010.
Curaçao ranks 78th globally in trade balance as of 2018.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
The trade balance of Curaçao in 2018 was $-876.6M. This ranks 78th in the world.
Cite this page
@misc{historysaid_cura-ao_trade-balance,
title = {Curaçao Trade Balance},
url = {https://historysaid.com/cura-ao/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}