Curaçao

Country profiles
Country profiles

Curaçao

  • Corporate Tax Haven Index ranking: 21
  • Financial Secrecy Index ranking: 96
  • Tax loss each year to tax havens: $390,876,251
  • Tax loss inflicted on other countries: $359,700,351

Country profile

Tax abuse losses

$390,876,251

lost in tax every year to global tax abuse

$0

lost to tax avoidance committed by multinational corporations

$390,876,251

lost to tax evasion committed by private individuals

  • Equivalent to 12.51% tax revenue (GDP in 2020 : $3,125,035,089 trillion)
  • Equivalent to loss of $2,497 per member of population (Population: 156,534.50)
  • Greater than Global Average GDP Loss 0.53%
  • Greater than Regional Average GDP Loss 0.58%

Global Rankings

Corporate Tax Haven Index 2019
#21

Global Rank (First is Worst)

72.04/100

Haven Score (100 is Worst)

1.45%

Share of global tax havenry

Financial Secrecy Index 2020
#96

Global Rank (First is Worst)

74.85/100

Haven Score (100 is Worst)

0.30%

Share of global tax secrecy

Harm to other countries

$359,700,351

in tax lost by other countries

$229,841,479

by enabling corporate tax avoidance

$129,858,871

by enabling private tax evasion

Responsible for 0.08% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
28,516 nurses

Social impact of lost tax

Tax loss equivalent to N/A of health budget
Tax loss equivalent to 253.66% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
21,796 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Outward FDI
Vulnerable Score for this channel is 76.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Netherlands (89.0%)
Luxembourg (5.7%)
Spain (1.7%)