• Search

Economic Developments in 2020 and Outlook for 2021

View the Publication in:  (English) (Dutch) (Papiamento)


The COVID-19 pandemic and related containment measures have taken a heavy economic toll on the monetary union of Curaçao and Sint Maarten in 2020. According to the latest estimates of the CBCS, real GDP contracted by an unprecedented 20.2% in Curaçao and 26.8% in Sint Maarten. Furthermore, inflation rose across the monetary union thereby eroding purchasing power. Average consumer prices increased by an estimated 2.7% in Curaçao and 1.2% in Sint Maarten.

Last updated: 19.06.2024 11:06