Trade openness — all countries

Trade openness — Curaçao

Trade openness in Curaçao in 2018 — 155.27%. Ranked 17 in the world out of 185. Since 2005, the indicator has risen by 20.36 pp.

2018 155.27% +15.46 pp vs 2017
World rank 17of 185
Period maximum 183.24%2012
Period minimum 134.91%2005

Trend over time

2005–2018 · % of GDP

Trade openness — Curaçao, 2005–2018120140160180200200520072009201120132015201720182005: 134.91%2006: 144.56%2007: 146.05%2008: 166.74%2009: 144.7%2010: 143.93%2011: 172.92%2012: 183.24%2013: 166.41%2014: 164.36%2015: 148.31%2016: 139.05%2017: 139.81%2018: 155.27%
Change over the period: +20.36 pp Annual average: 1.57 pp

Comparison, 2018

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

Curaçao 155.27%
World 56.99%
High-income countries computed 61.36%
Trade openness — Curaçao, by year Curaçao All countries CSV XLSX
Year % Change, pp
2018 155.27 +15.46 pp
2017 139.81 +0.76 pp
2016 139.05 −9.26 pp
2015 148.31 −16.05 pp
2014 164.36 −2.05 pp
2013 166.41 −16.83 pp
2012 183.24 +10.31 pp
2011 172.92 +28.99 pp
2010 143.93 −0.77 pp
2009 144.7 −22.04 pp
2008 166.74 +20.69 pp
2007 146.05 +1.49 pp
2006 144.56 +9.64 pp
2005 134.91

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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