Development of inflation rates in Curacao
The inflation rate for consumer prices in Curacao moved over the past 18 years between -0.5% and 6.9%. For 2019, an inflation rate of 2.6% was calculated.During the observation period from 2001 to 2019, the average inflation rate was 2.3% per year. Overall, the price increase was 50.35 %. An item that cost 100 Guilder in 2001 was so charged 150.35 Guilder in the beginning of 2020.
› Inflation rates in global comparison
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Performance over the last 18 years compared to the US
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the ample price increases are a bit out of the ordinary. This may be a sign for a political or economic set of problems.Performance based on 100% in 2000:
Inflation calculator for Curacao
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Guilder in 2001 corresponds to an amount of 1,503.51 Guilder at the beginning of 2020 due to inflation.Development of inflation rates for consumer goods in Curacao
Historical inflation rates in comparison
| Year | Curacao | Ø USA | Ø World |
|---|---|---|---|
| 2019 | 2.62 % | 1.81 % | 2.21 % |
| 2018 | 2.58 % | 2.44 % | 2.44 % |
| 2017 | 1.59 % | 2.13 % | 2.19 % |
| 2016 | -0.05 % | 1.26 % | 1.55 % |
| 2015 | -0.48 % | 0.12 % | 1.43 % |
| 2014 | 1.50 % | 1.62 % | 2.35 % |
| 2013 | 1.33 % | 1.46 % | 2.62 % |
| 2012 | 3.18 % | 2.07 % | 3.73 % |
| 2011 | 2.33 % | 3.16 % | 4.82 % |
| 2010 | 2.78 % | 1.64 % | 3.35 % |
| 2009 | 1.75 % | -0.36 % | 2.94 % |
| 2008 | 6.88 % | 3.84 % | 8.95 % |
| 2007 | 3.00 % | 2.85 % | 4.82 % |
| 2006 | 3.11 % | 3.23 % | 4.28 % |
| 2005 | 4.12 % | 3.39 % | 4.11 % |
| 2004 | 1.38 % | 2.68 % | 3.38 % |
| 2003 | 1.63 % | 2.27 % | 3.03 % |
| 2002 | 0.39 % | 1.59 % | 2.83 % |
| 2001 | 1.79 % | 2.83 % | 3.84 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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