Insurance and financial services (% of commercial service exports) in Curacao
Curacao: Insurance and financial services (% of commercial service exports) was 1.5% in 2023. ◆ Volatile
Insurance and financial services in Curacao, 2011–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Curacao recorded 1.5% for insurance and financial services in 2023.
The figure is up 14.4% on the previous year and up 377.9% over ten years.
Over the whole period, insurance and financial services in Curacao peaked at 1.9% in 2020 and was at its lowest, 0.3%, in 2013.
Curacao ranks 127th of 190 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services (% of commercial service exports) in Curacao, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 2011 | 0.4% | — |
| 2012 | 0.4% | -13.4% |
| 2013 | 0.3% | -12.9% |
| 2014 | 0.3% | +6.1% |
| 2015 | 0.6% | +74.4% |
| 2016 | 0.7% | +23.3% |
| 2017 | 1.2% | +71.8% |
| 2018 | 1.2% | -3.0% |
| 2019 | 1.2% | +4.4% |
| 2020 | 1.9% | +52.7% |
| 2021 | 1.2% | -34.7% |
| 2022 | 1.3% | +5.6% |
| 2023 | 1.5% | +14.4% |
Curacao compared with similar countries
- Curacao's 1.5% is below the median for high income countries, which is 5.2%, 28% of the median. (69 countries reporting)
- Curacao's 1.5% is below the median for Latin America & Caribbean, which is 2.8%, 53% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7% | 0.3% | 1.2% | 9 |
| 2020s | 1.5% | 1.2% | 1.9% | 4 |
Countries ranked near Curacao
More private sector data for Curacao
- Merchandise trade 71.5% (2024)
- Merchandise imports 2.33 billion current US$ (2025)
- Commercial service imports 922.75 million current US$ (2023)
- Merchandise exports 397.00 million current US$ (2025)
- Commercial service exports 1.52 billion current US$ (2023)
- Merchandise exports (current US$), per capita 2,541 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1379 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate -19.14 % change on previous year (2025)
- Merchandise imports (current US$), per capita 14,892 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.5776 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is insurance and financial services in Curacao?
- Insurance and financial services in Curacao was 1.5% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Curacao?
- The highest recorded value was 1.9% in 2020.
- What is the lowest insurance and financial services recorded in Curacao?
- The lowest recorded value was 0.3% in 2013.
- How does Curacao rank for insurance and financial services?
- Curacao ranks 127th out of 190 countries with data for 2023.
- Is insurance and financial services rising or falling in Curacao?
- Over the last ten years it is up 377.9%. The long-run trend across the full record is volatile.
- Where does this Curacao data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.