Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Curaçao

Household consumption (% of GDP) in Curaçao in 2018 — 73.2%. Ranked 39 in the world out of 179. Since 2005, the indicator has risen by 8.3 pp.

2018 73.2% −0.3 pp vs 2017
World rank 39of 179
Period maximum 80%2010
Period minimum 64.9%2005

Trend over time

2005–2018 · % of GDP

Household consumption (% of GDP) — Curaçao, 2005–2018606570758085200520072009201120132015201720182005: 64.9%2006: 67.5%2007: 72.2%2008: 72.9%2009: 70.2%2010: 80%2011: 73.4%2012: 73.4%2013: 73.2%2014: 71%2015: 69.2%2016: 68.4%2017: 73.5%2018: 73.2%
Change over the period: +8.3 pp Annual average: 0.64 pp

Comparison, 2018

How the value compares with the world and the groups this territory belongs to: Curaçao

Curaçao 73.2%
World 56.3%
High-income countries computed 58.6%
Household consumption (% of GDP) — Curaçao, by year Curaçao All countries CSV XLSX
Year % Change, pp
2018 73.2 −0.3 pp
2017 73.5 +5.2 pp
2016 68.4 −0.9 pp
2015 69.2 −1.8 pp
2014 71 −2.1 pp
2013 73.2 −0.3 pp
2012 73.4 +0.1 pp
2011 73.4 −6.7 pp
2010 80 +9.8 pp
2009 70.2 −2.6 pp
2008 72.9 +0.6 pp
2007 72.2 +4.7 pp
2006 67.5 +2.6 pp
2005 64.9

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.