ARCHIVE // CW // 2019
Curacao
2019 Edition — territory
Communications
Broadcast media
[time series]
government-run TeleCuracao operates a TV station and a radio station; 2 other privately owned TV stations and several privately owned radio stations (2019)
Internet country code
[time series]
.cw
Internet users
[time series]
total: 138,750 | percent of population: 93.9% (July 2016 est.)
Telecommunication systems
(Telephone system)
[time series]
international: country code - +599, PCCS submarine cable system to US, Caribbean and Central and South America (2019)
Economy
Agricultural products
(Agriculture - products)
[time series]
aloe, sorghum, peanuts, vegetables, tropical fruit
Budget surplus (+) or deficit (-)
[time series]
-0.4% (of GDP) (2012 est.)
Central bank discount rate
[time series]
NA% (31 December 2010)
Commercial bank prime lending rate
[time series]
14.5% (31 December 2011 est.) | 14.5% (31 December 2010 est.)
Current account balance
[time series]
-$400 million (2011 est.) | -$600 million (2010 est.)
Economic overview
(Economy - overview)
[time series]
Most of Curacao's GDP results from services. Tourism, petroleum refining and bunkering, offshore finance, and transportation and communications are the mainstays of this small island economy, which is closely tied to the outside world. Curacao has limited natural resources, poor soil, and inadequate water supplies, and budgetary problems complicate reform of the health and education systems. Although GDP grew only slightly during the past decade, Curacao enjoys a high per capita income and a well-developed infrastructure compared to other countries in the region. Curacao has an excellent natural harbor that can accommodate large oil tankers, and the port of Willemstad hosts a free trade zone and a dry dock. Venezuelan state-owned oil company PdVSA, under a contract in effect until 2019, leases the single refinery on the island from the government, directly employing some 1,000 people. Most of the oil for the refinery is imported from Venezuela and most of the refined products are exported to the US and Asia. Almost all consumer and capital goods are imported, with the US, the Netherlands, and Venezuela being the major suppliers. The government is attempting to diversify its industry and trade. Curacao is an Overseas Countries and Territories (OCT) of the European Union. Nationals of Curacao are citizens of the European Union, even though it is not a member. Based on its OCT status, products that originate in Curacao have preferential access to the EU and are exempt from import duties. Curacao is a beneficiary of the Caribbean Basin Initiative and, as a result, products originating in Curacao can be imported tax free into the US if at least 35% has been added to the value of these products in Curacao. The island has state-of-the-art information and communication technology connectivity with the rest of the world, including a Tier IV datacenter. With several direct satellite and submarine optic fiber cables, Curacao has one of the best Internet speeds and reliability in the Western Hemisphere.
Exchange rates
[time series]
Netherlands Antillean guilders (ANG) per US dollar - | 1.79 (2017 est.) | 1.79 (2016 est.) | 1.79 (2015 est.) | 1.79 (2014 est.) | 1.79 (2013 est.)
Exports
[time series]
$839.7 million (2017 est.) | $1.44 billion (2010 est.)
Exports - commodities
[time series]
petroleum products
GDP (official exchange rate)
[time series]
$5.6 billion (2012 est.)
Real GDP (purchasing power parity)
(GDP (purchasing power parity))
[time series]
$3.128 billion (2012 est.) | $3.02 billion (2011 est.) | $2.96 billion (2010 est.) | note: data are in 2012 US dollars
GDP - composition, by end use
[time series]
household consumption: 66.9% (2016 est.) | government consumption: 33.6% (2016 est.) | investment in fixed capital: 19.4% (2016 est.) | investment in inventories: 0% (2016 est.) | exports of goods and services: 17.5% (2016 est.) | imports of goods and services: -37.5% (2016 est.)
GDP - composition, by sector of origin
[time series]
agriculture: 0.7% (2012 est.) | industry: 15.5% (2012 est.) | services: 83.8% (2012 est.)
Real GDP per capita
(GDP - per capita (PPP))
[time series]
$15,000 (2004 est.)
Real GDP growth rate
(GDP - real growth rate)
[time series]
3.6% (2012 est.) | 2% (2011 est.) | 0.1% (2010 est.)
Imports
[time series]
$540.3 billion (2018 est.) | $453.8 billion (2017 est.)
Imports - commodities
[time series]
crude petroleum, food, manufactures
Industrial production growth rate
[time series]
NA
Industries
[time series]
tourism, petroleum refining, petroleum transshipment, light manufacturing, financial and business services
Inflation rate (consumer prices)
[time series]
2.6% (2013 est.) | 2.8% (2012 est.)
Labor force
[time series]
73,010 (2013)
Labor force - by occupation
[time series]
agriculture: 1.2% | industry: 16.9% | services: 81.8% (2008 est.)
Public debt
[time series]
33.2% of GDP (2012 est.) | 40.6% of GDP (2011 est.)
Reserves of foreign exchange and gold
[time series]
$0 (31 December 2017 est.)
Stock of broad money
[time series]
$4.953 billion (31 December 2011 est.) | $4.31 billion (31 December 2009 est.)
Stock of domestic credit
[time series]
$3.882 billion (31 December 2011 est.) | $3.799 billion (31 December 2010 est.)
Stock of narrow money
[time series]
$1.728 billion (31 December 2011 est.) | $1.618 billion (31 December 2010 est.)
Taxes and other revenues
[time series]
16.6% (of GDP) (2012 est.)
Unemployment rate
[time series]
13% (2013 est.) | 9.8% (2011 est.)
Energy
Crude oil - exports
[time series]
0 bbl/day (2015 est.)
Crude oil - imports
[time series]
191,300 bbl/day (2015 est.)
Crude oil - production
[time series]
0 bbl/day (2017 est.)
Crude oil - proved reserves
[time series]
0 bbl (1 January 2011 est.)
Electricity - consumption
[time series]
968 million kWh (2008 est.)
Electricity - exports
[time series]
0 kWh (2009 est.)
Electricity - imports
[time series]
0 kWh (2009 est.)
Electricity - production
[time series]
1.785 billion kWh (2012 est.)
Electricity access
[time series]
electrification - total population: 100% (2016)
Natural gas - consumption
[time series]
0 cu m (2009 est.)
Natural gas - exports
[time series]
0 cu m (2009 est.)
Natural gas - imports
[time series]
0 cu m (2009 est.)
Natural gas - production
[time series]
0 cu m (2009 est.)
Natural gas - proved reserves
[time series]
0 cu m (1 January 2011 est.)
Refined petroleum products - consumption
[time series]
70,000 bbl/day (2016 est.)
Refined petroleum products - exports
[time series]
167,500 bbl/day (2015 est.)
Refined petroleum products - imports
[time series]
45,800 bbl/day (2015 est.)
Refined petroleum products - production
[time series]
189,800 bbl/day (2015 est.)
Geography
Area
[time series]
total: 444 sq km | land: 444 sq km | water: 0 sq km
Area - comparative
[time series]
more than twice the size of Washington, DC
Climate
[time series]
tropical marine climate, ameliorated by northeast trade winds, results in mild temperatures; semiarid with average rainfall of 60 cm/year
Coastline
[time series]
364 km
Elevation
[time series]
lowest point: Caribbean Sea 0 m | highest point: Mt. Christoffel 372 m
Environment - current issues
[time series]
problems in waste management that threaten environmental sustainability on the island include pollution of marine areas from domestic sewage, inadequate sewage treatment facilities, industrial effluents and agricultural runoff, the mismanagement of toxic substances, and ineffective regulations; the refinery in Sint Anna Bay, at the eastern edge of Willemstad’s large natural harbor, processes heavy crude oil from Venezuela; it has caused significant environmental damage to the surrounding area because of neglect and a lack of strict environmental controls; the release of noxious fumes and potentially hazardous particles causes schools downwind to regularly close
Geographic coordinates
[time series]
12 10 N, 69 00 W
Geography - note
[time series]
Curacao is a part of the Windward Islands (southern) group in the Lesser Antilles
Irrigated land
[time series]
NA
Land boundaries
[time series]
0
Land use
[time series]
agricultural land: 10% (2011 est.) | arable land: 10% / permanent crops: 0% / permanent pasture: 0% (2011 est.) | forest: 0% (2011 est.) | other: 90% (2011 est.)
Location
[time series]
Caribbean, an island in the Caribbean Sea, 55 km off the coast of Venezuela
Map references
[time series]
Central America and the Caribbean
Maritime claims
[time series]
territorial sea: 12 nm | exclusive economic zone: 200 nm
Natural hazards
[time series]
Curacao is south of the Caribbean hurricane belt and is rarely threatened
Natural resources
[time series]
calcium phosphates, aloes, sorghum, peanuts, vegetables, tropical fruit
Population distribution
[time series]
largest concentration on the island is Willemstad; smaller settlements near the coast can be found throughout the island, particularly in the northwest
Terrain
[time series]
generally low, hilly terrain
Government
Administrative divisions
[time series]
none (part of the Kingdom of the Netherlands) | note: Curacao is one of four constituent countries of the Kingdom of the Netherlands; the other three are the Netherlands, Aruba, and Sint Maarten
Capital
[time series]
name: Willemstad | geographic coordinates: 12 06 N, 68 55 W | time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time) | etymology - named after Prince William II of Orange (1626-1650), who served as stadtholder (Dutch head of state) from 1647 to 1650, shortly after the the Dutch captured Curacao from the Spanish in 1634
Citizenship
[time series]
see the Netherlands
Constitution
[time series]
history: previous 1947, 1955; latest adopted 5 September 2010, entered into force 10 October 2010 (regulates governance of Curacao but is subordinate to the Charter for the Kingdom of the Netherlands); note - in October 2010, with the dissolution of the Netherlands Antilles, Curacao became a semi-autonomous entity within the Kingdom of the Netherlands
Country name
[time series]
conventional long form: none | conventional short form: Curacao | local long form: Land Curacao (Dutch); Pais Korsou (Papiamento) | local short form: Curacao (Dutch); Korsou (Papiamento) | former: Netherlands Antilles; Curacao and Dependencies | etymology: the most plausible name derivation is that the island was designated Isla de la Curacion (Spanish meaning "Island of the Cure" or "Island of Healing") or Ilha da Curacao (Portuguese meaning the same) to reflect the locale's function as a recovery stop for sick crewmen
Dependency status
[time series]
constituent country within the Kingdom of the Netherlands; full autonomy in internal affairs granted in 2010; Dutch Government responsible for defense and foreign affairs
Diplomatic representation from the US
[time series]
chief of mission: Consul General Allen GREENBERG (since June 2019); note - also accredited to Aruba and Sint Maarten | telephone: [599] (9) 4613066 | mailing address: P. O. Box 158, J.B. Gorsiraweg #1, Willemstad, Curacao | FAX: [599] (9) 4616489
Diplomatic representation in the US
[time series]
none (represented by the Kingdom of the Netherlands)
Executive branch
[time series]
chief of state: King WILLEM-ALEXANDER of the Netherlands (since 30 April 2013); represented by Governor Lucille A. GEORGE-WOUT (since 4 November 2013) | head of government: Prime Minister Ivar ASJES (since 7 June 2013) | cabinet: Cabinet sworn-in by the governor | elections/appointments: the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party usually elected prime minister by the Parliament of Curacao; next election scheduled for 2016
Flag
(Flag description)
[time series]
on a blue field a horizontal yellow band somewhat below the center divides the flag into proportions of 5:1:2; two five-pointed white stars - the smaller above and to the left of the larger - appear in the canton; the blue of the upper and lower sections symbolizes the sky and sea respectively; yellow represents the sun; the stars symbolize Curacao and its uninhabited smaller sister island of Klein Curacao; the five star points signify the five continents from which Curacao's people derive
Government type
[time series]
parliamentary democracy
Independence
[time series]
none (part of the Kingdom of the Netherlands)
International organization participation
[time series]
Caricom (observer), FATF, ILO, ITU, UNESCO (associate), UPU
Judicial branch
[time series]
highest courts: Joint Court of Justice of Aruba, Curacao, Sint Maarten, and of Bonaire, Sint Eustatius and Saba or "Joint Court of Justice" (sits as a 3-judge panel); final appeals heard by the Supreme Court, in The Hague, Netherlands | judge selection and term of office: Joint Court judges appointed by the monarch for life | subordinate courts: first instance courts, appeals court; specialized courts
Legal system
[time series]
based on Dutch civil law
Legislative branch
[time series]
description: unicameral Parliament of Curacao (21 seats; members directly elected by proportional representation vote to serve 4-year terms) | elections: last held on 28 April 2017 (next to be held in 2021); early elections were held after Prime Minister Hensley KOEIMAN resigned on 12 February 2017, when the coalition government lost its majority | election results: percent of vote by party - PAR 23.3%, MAN 20.4%, MFK 19.9%, KdnT 9.4%, PIN 5.3%, PS 5.1%, MP 4.9%, other 11.7%; seats by party - PAR 6, MAN 5, MFK 5, KdnT 2, PIN 1, PS 1, MP 1; composition - men 15, women 6, percent of women 28.6%
National anthem(s)
(National anthem)
[time series]
name: Himmo di Korsou (Anthem of Curacao) | lyrics/music: Guillermo ROSARIO, Mae HENRIQUEZ, Enrique MULLER, Betty DORAN/Frater Candidus NOWENS, Errol "El Toro" COLINA | note: adapted 1978; the lyrics, originally written in 1899, were rewritten in 1978 to make them less colonial in nature
National holiday
[time series]
King's Day (birthday of King WILLEM-ALEXANDER), 27 April (1967); note - King's or Queen's Day are observed on the ruling monarch's birthday; celebrated on 26 April if 27 April is a Sunday
National symbol(s)
[time series]
laraha (citrus tree); national colors: blue, yellow, white
Political parties
(Political parties and leaders)
[time series]
Korsou di Nos Tur or KdnT [Amparo dos SANTOS] Mayors for Liberec Region (Starostove pro Liberecky Kraj) or SLK [Martin PUTA] Movementu Futuro Korsou or MFK [Gerrit SCHOTTE] Movementu Progresivo or MP [Marylin MOSES] Movishon Antia Nobo or MAN [Hensley KOEIMAN] Partido Antia Restruktura or PAR [Eugene RHUGGENAATH] Partido Inovashon Nashonal or PIN [Suzanne CAMELIA-ROMER] Partido pa Adelanto I Inovashon Soshal or PAIS [Alex ROSARIA] Partido Nashonal di Pueblo or PNP [Humphrey DAVELAAR] Pueblo Soberano or PS Un Korsou Hustu [Omayra LEEFLANG]
Suffrage
[time series]
18 years of age; universal
Introduction
Background
[time series]
The original Arawak Indian settlers who arrived on the island from South America in about 1000, were largely enslaved by the Spanish early in the 16th century and forcibly relocated to other colonies where labor was needed. Curacao was seized by the Dutch from the Spanish in 1634. Once the center of the Caribbean slave trade, Curacao was hard hit economically by the abolition of slavery in 1863. Its prosperity (and that of neighboring Aruba) was restored in the early 20th century with the construction of the Isla Refineria to service the newly discovered Venezuelan oil fields. In 1954, Curacao and several other Dutch Caribbean possessions were reorganized as the Netherlands Antilles, part of the Kingdom of the Netherlands. In referenda in 2005 and 2009, the citizens of Curacao voted to become a self-governing country within the Kingdom of the Netherlands. The change in status became effective in October 2010 with the dissolution of the Netherlands Antilles.
Military and Security
Military - note
[time series]
defense is the responsibility of the Kingdom of the Netherlands (2019)
Military and security forces
[time series]
no regular military forces; the Dutch Government controls foreign and defense policy. The Dutch Caribbean Coast Guard (DCCG) provides maritime security. (2019)
Military service age and obligation
[time series]
no conscription (2010)
People and Society
Age structure
[time series]
0-14 years: 19.88% (male 15,250 /female 14,613) | 15-24 years: 14.05% (male 10,957 /female 10,158) | 25-54 years: 36.66% (male 27,278 /female 27,802) | 55-64 years: 13.84% (male 9,018 /female 11,769) | 65 years and over: 15.57% (male 9,547 /female 13,849) (2018 est.) | population pyramid: The World Factbook Field Image Modal × Central America :: Curacao Print Image Description This is the population pyramid for Curacao. A population pyramid illustrates the age and sex structure of a country's population and may provide insights about political and social stability, as well as economic development. The population is distributed along the horizontal axis, with males shown on the left and females on the right. The male and female populations are broken down into 5-year age groups represented as horizontal bars along the vertical axis, with the youngest age groups at the bottom and the oldest at the top. The shape of the population pyramid gradually evolves over time based on fertility, mortality, and international migration trends. For additional information, please see the entry for Population pyramid on the Definitions and Notes page under the References tab.
Birth rate
[time series]
13.7 births/1,000 population (2018 est.)
Death rate
[time series]
8.5 deaths/1,000 population (2018 est.)
Dependency ratios
[time series]
total dependency ratio: 52.4 (2015 est.) | youth dependency ratio: 28.7 (2015 est.) | elderly dependency ratio: 23.6 (2015 est.) | potential support ratio: 4.2 (2015 est.)
Education expenditure
(Education expenditures)
[time series]
4.9% of GDP (2013)
Ethnic groups
[time series]
Curacaoan 75.4%, Dutch 6%, Dominican 3.6%, Colombian 3%, Bonairean, Sint Eustatian, Saban 1.5%, Haitian 1.2%, Surinamese 1.2%, Venezuelan 1.1%, Aruban 1.1%, other 5%, unspecified 0.9% (2011 est.)
HIV/AIDS - adult prevalence rate
[time series]
NA
HIV/AIDS - deaths
[time series]
NA
HIV/AIDS - people living with HIV/AIDS
[time series]
NA
Infant mortality rate
[time series]
total: 7.3 deaths/1,000 live births (2018 est.) | male: 7.9 deaths/1,000 live births | female: 6.8 deaths/1,000 live births
Languages
[time series]
Papiamento (official) (a creole language that is a mixture of Portuguese, Spanish, Dutch, English, and, to a lesser extent, French, as well as elements of African languages and the language of the Arawak) 79.9%, Dutch (official) 8.8%, Spanish 5.6%, English (official) 3.1%, other 2.9%, unspecified .3% (2001 census) | note: data represent most spoken language in household
Life expectancy at birth
[time series]
total population: 78.6 years (2018 est.) | male: 76.3 years | female: 81.1 years
Major infectious diseases
[time series]
note: active local transmission of Zika virus by Aedes species mosquitoes has been identified in this country (as of August 2016); it poses an important risk (a large number of cases possible) among US citizens if bitten by an infective mosquito; other less common ways to get Zika are through sex, via blood transfusion, or during pregnancy, in which the pregnant woman passes Zika virus to her fetus
Major urban areas - population
[time series]
144000 WILLEMSTAD (capital) (2018)
Median age
[time series]
total: 36.3 years (2018 est.) | male: 33.8 years | female: 39.6 years
Nationality
[time series]
noun: Curacaoan | adjective: Curacaoan; Dutch
Net migration rate
[time series]
-1.3 migrant(s)/1,000 population (2018 est.)
Population
[time series]
150,241 (July 2018 est.)
Population distribution
[time series]
largest concentration on the island is Willemstad; smaller settlements near the coast can be found throughout the island, particularly in the northwest
Population growth rate
[time series]
0.39% (2018 est.)
Religions
[time series]
Roman Catholic 72.8%, Pentecostal6.6%, Protestant 3.2%, Adventist 3%, Jehovah's Witness2%, Evangelical 1.9%, other 3.8%, none 6%, unspecified 0.6% (2011 est.)
School life expectancy (primary to tertiary education)
[time series]
total: 18 years | male: 18 years | female: 19 years (2013)
Sex ratio
[time series]
at birth: 1.05 male(s)/female | 0-14 years: 1.04 male(s)/female | 15-24 years: 1.08 male(s)/female | 25-54 years: 0.98 male(s)/female | 55-64 years: 0.77 male(s)/female | 65 years and over: 0.69 male(s)/female | total population: 0.92 male(s)/female (2018 est.)
Total fertility rate
[time series]
2.03 children born/woman (2018 est.)
Youth unemployment rate (ages 15-24)
(Unemployment, youth ages 15-24)
[time series]
total: 29.7% | male: NA | female: NA (2015 est.)
Urbanization
[time series]
urban population: 89.1% of total population (2018) | rate of urbanization: 0.62% annual rate of change (2015-20 est.)
Transportation
Airports
[time series]
1 (2017)
Airports - with paved runways
[time series]
total: 1 (2019) | over 3,047 m: 1
Civil aircraft registration country code prefix
[time series]
PJ (2016)
Merchant marine
[time series]
total: 82 | by type: general cargo 11, oil tanker 1, other 70 (2018)
National air transport system
[time series]
number of registered air carriers: 2 (2015) | inventory of registered aircraft operated by air carriers: 11 (2015)
Ports
(Ports and terminals)
[time series]
major seaport(s): Willemstad | oil terminal(s): Bullen Baai (Curacao Terminal) | bulk cargo port(s): Fuik Bay (phosphate rock)
Roadways
[time series]
total: 550 km