THE HAGUE, WILLEMSTAD – Curaçao had approximately €1.44 billion in outstanding loans recorded by the Netherlands as of August 1, 2026, according to the Dutch government’s proposed 2027 Kingdom Relations budget.
The figure provides a detailed picture of Curaçao’s long-term financial obligations to the Netherlands and includes loans dating back to the constitutional restructuring of the Kingdom as well as more recent financing provided during and after the COVID-19 pandemic.
According to the official loan overview, the Netherlands had €1.437 billion in outstanding loans to Curaçao.
The portfolio consists of numerous loans with different interest rates and maturity dates.
Several older loans were issued under the standing subscription mechanism established through the Kingdom Act on Financial Supervision. These include loans dating from 2010 with maturities extending to 2030, 2035 and 2040.
Other loans mature considerably later. A loan originating in 2019 runs until 2049, while a XCG 115.7 million loan issued in 2025 at an interest rate of 3.6 percent runs until 2055.
By far one of the largest individual obligations is Curaçao’s COVID-era liquidity loan. The outstanding principal listed in the Dutch budget is XCG 842.2 million, equivalent in the budget to approximately €414.3 million. The loan carries an interest rate of 2.9 percent and runs until 2043.
Curaçao also has a XCG 76 million private loan issued in 2025 at 3.62 percent interest, running until 2045.
The figures show that Curaçao’s financial relationship with the Netherlands will continue for decades even after the current reform programs and Landspakketten have ended.
Some of the loans in the portfolio will not mature until the middle of the century.