Curaçao in 2025 faces a pivotal moment, balancing economic recovery, political stability, and a transformation in its automotive market. The government celebrates a budget surplus, while the elections result in a historic parliamentary majority. Meanwhile, the island is seeing shifts toward electric vehicles and expanded dealership activity.
Economic Strength and Surplus
Curaçao’s economy is projected to grow by around 3.2% in 2025, supported by rising tourism spending and public and private investments. Inflation is expected to slow to 2.5%, and unemployment may decline to approximately 10.9%. Notably, the government anticipates a budget surplus of about 1.5% of GDP, following a trend of responsible fiscal management .
These solid fiscal figures provide space for infrastructure development—particularly in tourism, education, and sustainable energy projects—showing a commitment to efficient public spending.
Historic Election Results
On March 21, 2025, Curaçao held general elections with a 68.7% turnout, resulting in a historic victory: the Movement for the Future of Curaçao (MFK) secured 13 out of 21 seats, earning the island’s first-ever single-party majority. This shift gives Prime Minister Gilmar Pisas a strong mandate to lead on policies such as tourism, energy, and the evolving automotive market.
Automotive Market: SUVs, EVs & Dealership Innovation
Curaçao’s automotive sector, focused on import, sales, and servicing, continues to grow. SUVs and crossovers remain top sellers due to their adaptability to island terrain. Increasingly, dealerships are promoting electric vehicles (EVs) as the government encourages green mobility, supported by limited but expanding charging infrastructure.
Local dealers like Premier Automotive and HCR Motors now offer popular EVs such as the BYD Song Plus EV, alongside financing and leasing options. Rental companies also added the Letin Mengo EV to their fleets, ideal for local commutes with up to 300 km of range.
Despite land constraints for showrooms and high vehicle costs, the tourism boom supports strong demand through rentals and dealership sales. The trend toward modernization opens room for new EV brands and tech-based service innovations.
What Lies Ahead
Curaçao's future is shaped by economic prudence, electoral clarity, and a forward-thinking auto industry. A sizable budget surplus allows for strategic investment, while the MFK’s parliamentary majority could accelerate environmental and transport reforms. As EV interest grows, expect more dealership engagement, infrastructure expansion, and a shift toward cleaner transportation.
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