WILLEMSTAD - Curaçao’s investment climate has shown significant improvement, climbing from seventh to fifth place in the 2024 Caribbean Investment Climate Index, published by the Economic Bureau Amsterdam. The index evaluates the attractiveness of 17 Caribbean countries for investors, based on institutional, economic, and financial factors.
Aruba retains the top spot for the fourth consecutive year, followed by Sint Maarten. Aruba excels in institutional indicators, while Sint Maarten benefits from strong population growth driving labor market dynamics.
Curaçao’s rise to fifth place is attributed to recent positive economic developments. However, long-term challenges remain, including a high public debt, low labor participation, and population decline. This improvement marks a rebound for Curaçao after dropping to seventh place in 2023.
The Caribbean Investment Climate Index uses 18 indicators to assess investment climates across the region. For many Caribbean nations, attracting foreign investors is critical due to their small-scale economies and limited access to international capital.