Services sector's share of GDP in Curaçao

In 2017, the services industry in Curaçao contributed with almost 72 percent of the value added to the country's gross domestic product (GDP). This share has been slowly decreasing since 2012, when it amounted to roughly 77 percent.

The services industry comprises wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. The added value is calculated by subtracting the cost of intermediate goods and services from the sector's total GDP.

Share of value added by the services industry to gross domestic product (GDP) in Curaçao from 2005 to 2017

Characteristic	Share of GDP
2017	71.7%
2016	72%
2015	72.4%
2014	74.5%
2013	74.9%
2012	76.7%
2011	76.5%
2010	77%
2009	74.5%
2008	76.1%
2007	75%
2006	76.1%
2005	78%

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Release date

October 2019

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Region

Curaçao

Survey time period

2005 to 2017

Supplementary notes

Data represents the share of value added by wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.

Figures have been rounded.

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