RaboResearch - Economic Research

Country Report

Country Report Curaçao

Curaçao had a slightly disappointing economic performance in 2013. However, both Curaçao’s external position and public finances improved. Nevertheless, these remain important weaknesses.

Country Report

Country Report Curacao

Curacao is currently facing difficult times, both politically and economically. While economic growth was again disappointing in 2012, Curacao’s political year was characterized with four different prime-ministers and the killing of a politician.

Economic Comment

Curaçao and Sint Maarten: Frozen credit

Faced with an unsustainable current account deficit and declining international reserves, the Central Bank of Curaçao and Sint Maarten introduced a six month freeze on private credit extension, but more needs to be done.