Austrian Economics Wiki
Country summary


Willemstad (on Curacao)


Saint Martin 15 km

Government type



227,049 (July 2010 est.)[1]

Population growth

0.732% (2010 est.)[1]

Life expectancy

76.65 years[1]


15.5% (2002 est.)[1]

Once the center of the Caribbean slave trade, the island of Curacao was hard hit by the abolition of slavery in 1863. Its prosperity (and that of neighboring Aruba) was restored in the early 20th century with the construction of oil refineries to service newly discovered Venezuelan oil fields. The island of Saint Martin is shared with France; its southern portion is named Sint Maarten and is part of the Netherlands Antilles; its northern portion, called Saint Martin, is an overseas collectivity of France.[1]

Economical characteristics[]

  • Currency: Netherlands Antillean guilder (ISO code: ANG)
  • Central bank discount rate: NA%[1]
  • Commercial banks lending rate: 8.33% (31 December 2008)[1]
  • Stock of money (M1): $1.295 billion (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $2.586 billion (31 December 2008)[1]


Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (USD)[2]
Govt. debt (% of GDP)[3]
Govt. revenue (% of GDP)[4]
Govt. expenses (% of GDP)[5]
Debt to revenue (years)


Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Netherlands Antilles", from The World Facebook. Referenced 2010-09-30.
  2. World Bank. "Netherlands Antilles: GDP", from World Bank Data. Referenced 2010-09-30.
  3. World Bank. "Netherlands Antilles: government debt", from World Bank Data. Referenced 2010-09-30.
  4. World Bank. "Netherlands Antilles: government revenue", from World Bank Data. Referenced 2010-09-30.
  5. World Bank. "Netherlands Antilles: government expenses", from World Bank Data. Referenced 2010-09-30.

External links[]