Inflation Curaçao 2003

Average inflation: 1.6%

Inflation in 2003

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 3.4%. The lowest inflation was in December at 0.2%.

Highest month
February: 3.4%
Lowest month
December: 0.2%
Difference
3.2 percentage points
Months with data
12 of 12

Historical Context

Inflation is around the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.3%
All-time high (2001)
1.8%
All-time low (2002)
0.4%

Trend

Over the period 2001-2003, inflation has remained relatively stable. Compared to 2002, inflation has risen by 1.2 percentage points.

Change vs. previous year
+1.2 percentage points
Largest monthly swing
March: +4.5 percentage points

ECB Target

Inflation is 0.4 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for ANG 100 this year will cost approximately ANG 101.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2003

Month overview

Month Inflation Difference vs. 2002
January 2.9% +3.6
February 3.4% +4.4
March 3.3% +4.5
April 1.7% +1.5
May 1.9% +2.0
June 1.9% +2.0
July 0.9% 0.0
August 1.1% +0.2
September 1.2% +0.5
October 0.9% -0.1
November 0.3% -1.7
December 0.2% -1.9
Average 1.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also