WILLEMSTAD – Curaçao’s economy is expected to grow by 2.3 percent in 2027, marking a further normalization of economic expansion after several years of exceptionally strong post-pandemic growth.
The projection included in the 2027 budget is based on June 2026 forecasts from the Central Bank of Curaçao and Sint Maarten (CBCS).
Economic growth is estimated at 2.7 percent for 2026 before slowing to 2.3 percent in 2027, 2.1 percent in both 2028 and 2029 and 2.0 percent in 2030.
The slowdown follows significantly stronger growth in earlier years. The budget places Curaçao's economic growth at 5.0 percent in 2024 and 5.1 percent in 2025.
Inflation is projected at 2.3 percent in 2027, while nominal economic growth is expected to reach 4.6 percent.
The government is using those growth and inflation projections as important assumptions underlying its tax revenue forecasts.
Despite slower growth, the government expects economic activity to continue supporting higher tax collections and a positive ordinary budget balance.
The 2027 economic strategy places considerable emphasis on diversification beyond Curaçao’s traditional economic sectors. The government identifies maritime activities, international financial services, the creative industry, international education, ICT, tourism, renewable energy, agriculture, food security and the blue economy as sectors with growth potential.
The government also intends to continue implementing the National Export Strategy, improve access to international markets and prepare Curaçao for accession to the World Trade Organization.
The projections nevertheless remain vulnerable to international developments, including geopolitical tensions, global trade uncertainty and energy prices, which the budget identifies as risks to economic activity.