Curaçao Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Curaçao's trade openness was 155.27% in 2018, ranked 167th globally. This represents a 11.1% increase from 2017. Data from World Bank, covering 2005–2018.
Overview
Curaçao's trade openness stood at 155.27% in 2018, a rise of +15.46% from 2017. Curaçao ranked 167th globally.
Curaçao's trade openness has been a subject of interest in the global economy, with the country's trade openness ratio fluctuating between 134.91 in 2005 and 183.24 in 2012. The latter year marked the all-time peak for the indicator, with Curaçao's trade openness ranking at #143 globally. However, the country's trade openness declined to 155.27 by 2018, ranking it #167 globally. This trend is comparable to that of the United Arab Emirates, which had a trade openness ratio of 154.75 in 2018, but both countries lag behind the Virgin Islands (US) with a trade openness ratio of 159.24 in 2018. Despite the fluctuations, Curaçao's trade openness has generally remained within a narrow range, with the country's reliance on international trade likely contributing to its economic stability. A shift in global trade policies or a significant increase in trade barriers could alter this trajectory and impact Curaçao's trade openness in the years to come.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2018 | 155.27% | +15.46% | #167 |
| 2017 | 139.81% | +0.76% | #159 |
| 2016 | 139.05% | −9.26% | #161 |
| 2015 | 148.31% | −16.05% | #166 |
| 2014 | 164.36% | −2.05% | #168 |
| 2013 | 166.41% | −16.83% | #168 |
| 2012 | 183.24% | +10.31% | #171 |
| 2011 | 172.92% | +28.99% | #170 |
| 2010 | 143.93% | −0.77% | #162 |
| 2009 | 144.70% | −22.04% | #164 |
| 2008 | 166.74% | +20.69% | #170 |
| 2007 | 146.05% | +1.49% | #159 |
| 2006 | 144.56% | +9.64% | #160 |
| 2005 | 134.91% | – | #152 |
Analysis
Curaçao's trade openness was 155.27% in 2018, a rise of +15.46% from 2017.
Frequently Asked Questions
Curaçao's trade openness was 155.27% in 2018. Ranked 167th globally. This represents a 11.1% increase from the previous year.
Curaçao's trade openness peaked at 183.24% in 2012.
The lowest trade openness in Curaçao was 134.91% in 2005.
Curaçao ranks 167th globally in trade openness as of 2018.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
The trade openness of Curaçao in 2018 was 155.27%. This ranks 167th in the world.
Cite this page
@misc{historysaid_cura-ao_trade-openness,
title = {Curaçao Trade Openness},
url = {https://historysaid.com/cura-ao/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}