Curacao

Country Summary

2023 population pyramid

Introduction

Background

The original Arawak Indian settlers who arrived on the island from South America in about A.D. 1000 were largely enslaved by the Spanish early in the 16th century. The Dutch seized Curacao from the Spanish in 1634. Curacao and several other Dutch Caribbean possessions were reorganized as the Netherlands Antilles in 1954. In referenda in 2005 and 2009, the citizens of Curacao voted to become a self-governing country within the Kingdom of the Netherlands.

Geography

Area

total: 444 sq km
land: 444 sq km
water: 0 sq km

Climate

tropical marine climate, ameliorated by northeast trade winds, results in mild temperatures; semiarid with average rainfall of 60 cm/year


Natural resources

calcium phosphates, protected harbors, hot springs


People and Society

Population

total: 153,289
male: 73,755
female: 79,534 (2024 est.)

Ethnic groups

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.)

Languages

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) 80%, Dutch (official) 8.8%, Spanish 5.6%, English (official) 3.1%, other 2.3%, unspecified 0.3% (2011 est.)

Religions

Roman Catholic 72.8%, Pentecostal 6.6%, Protestant 3.2%, Adventist 3%, Jehovah's Witness 2%, Evangelical 1.9%, other 3.8%, none 6%, unspecified 0.6% (2011 est.)

Population growth rate

0.28% (2024 est.)

Government

Government type

parliamentary democracy


Capital

name: Willemstad

Executive branch

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 Gilmar PISAS (since 14 June 2021)

Legislative branch

description: unicameral Parliament of Curacao (21 seats; members directly elected by party-list proportional representation vote to serve 4-year terms)

Economy

Economic overview

high-income island economy; developed infrastructure; tourism and financial services-based economy; investing in information technology incentives; oil refineries service Venezuela and China; unique COVID-19 stimulus support applied to government debts rather than household support

Real GDP (purchasing power parity)

$3.467 billion (2022 est.)
$3.214 billion (2021 est.)
$3.085 billion (2020 est.)

Real GDP per capita

$23,100 (2022 est.)
$21,100 (2021 est.)
$19,900 (2020 est.)

Agricultural products

aloe, sorghum, peanuts, vegetables, tropical fruit

Industries

tourism, petroleum refining, petroleum transshipment, light manufacturing, financial and business services

Exports

$2.049 billion (2022 est.)
$1.373 billion (2021 est.)
$1.014 billion (2020 est.)

Exports - partners

US 17%, Costa Rica 16%, India 9%, Netherlands 7%, Guatemala 7% (2022)

Exports - commodities

refined petroleum, petroleum coke, fish, coal tar oil, scrap iron (2022)

Imports

$2.904 billion (2022 est.)
$1.919 billion (2021 est.)
$1.709 billion (2020 est.)

Imports - partners

US 35%, Netherlands 22%, China 7%, Ecuador 5%, Philippines 3% (2022)

Imports - commodities

refined petroleum, cars, garments, integrated circuits, packaged medicine (2022)

Exchange rates

Netherlands Antillean guilders (ANG) per US dollar -
Exchange rates:
1.79 (2022 est.)
1.79 (2021 est.)
1.79 (2020 est.)
1.79 (2019 est.)
1.79 (2018 est.)


Page last updated: Tuesday, May 07, 2024