Average Salary in Curaçao 2024

Discover the fascinating insights into salary dynamics in Curaçao with this comprehensive article. Delve into essential topics such as pay scales, wage gaps, yearly increments, and how salaries vary across education levels and years of experience. Gain a deeper understanding of the factors impacting salaries in Curaçao and stay informed on the latest trends in the job market.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Curaçao in 2024?

What is the average salary in Curaçao in 2024?
940USD
(USD 11,200 yearly)
Low 420 USD
Average 940 USD
High 4,200 USD
The typical earnings in Curaçao amount to around USD 940 per month. However, the salary spectrum extends from as low as USD 420 (lowest average) to as high as USD 4,200 (highest average, actual maximum salary is higher). Please note that this includes housing, transport, and other benefits. Salaries can vary greatly among different careers. If you are curious about the salary of a particular job, please see the information on specific job titles below.
In comparison with average salary in Curaçao in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. The full comparison between 2023 and 2024 will be available by the year's end.

Pay Scale and Salaries in Curaçao

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 4,200, 75% of the people earn USD 1,300 or less. 50% employees earn less USD 900 or less, 25% of the employees earn less than USD 680.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 4,200, 75% of the people earn USD 1,300 or less. 50% employees earn less USD 900 or less, 25% of the employees earn less than USD 680.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Curaçao the minimum salary is USD 420.

Median Salary

By considering the median salary in Curaçao of USD 740, one can understand the middle point of all salaries in a dataset. This measurement provides a fairer assessment of income distribution and is commonly employed to estimate average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Curaçao the salary ranges from USD 420 to USD 4,200.

Annual Salary Increments in Curaçao

What is the average annual salary increment in the Curaçao? How frequently do employees receive salary raises?

In 2024, the average salary increment for Curaçao employees was 0.8%. Please note that this is an average across all job sectors. On a global scale, the average for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Curaçao received around 0.8% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.8%.

Historical Graph of Annual Salary Increments in Curaçao

The average yearly salary increase for employees in Curaçao over the past years ranged from 0.2% to 6.3%. On average, this represents a 3.2% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees based in Curaçao have experienced a salary increase averaging 3.2% per year in recent years. This translates to a range of 0.2% to 6.3% increment per year.

Salary Forecast and Trends for the Future in Curaçao

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.5%. Estimated range is between 1.9% and 5.4%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.5%. Estimated range is between 1.9% and 5.4%.

Gender Wage Gap in Curaçao

What is the difference in pay between mens and womens? Men vs. women salary comparison.

The actual wage gap in Curaçao reaches 11.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Curaçao experiences 11.0%.
It's due to many factors, such as:
  • Gender-based prejudice.
  • On average, women take 10% more days of paid vacation than men each year.
  • Men are more inclined than women to possess a college degree.
  • Men are less inclined than women to assume caregiving responsibilities for children and elderly relatives.
  • Part-time work is more common among women, and they typically earn less than their full-time counterparts.
  • Lower-paying occupations are more common among women than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

The completion of high school and the acquisition of a bachelor's degree offer a myriad of benefits. Above all, it greatly enhances career prospects, resulting in higher earning potential and expanded job possibilities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and obtaining a bachelor's degree brings a multitude of benefits. Firstly, it significantly enhances one's career prospects, leading to higher earning potential and access to a broader range of job opportunities. Beyond financial rewards, pursuing a bachelor's degree fosters personal growth, critical thinking skills, and the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. underscores an unwavering commitment to intellectual exploration and a promising and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 14%-18% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 6%-10%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 14%-18% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of about 6%-10%. Expertise and leadership result in higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 16%-20% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Curaçao

What is the average hourly wage in the Curaçao?

Average Hourly Wage
5USD
Low 3 USD
Average 5 USD
High 24 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: The irregular or fluctuating income from hourly wages may make it challenging to budget and plan for expenses.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually connected with full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Job insecurity can be higher in hourly positions compared to salaried positions due to susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Some hourly positions within the organization may offer limited opportunities for career growth, professional development, or upward mobility.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Curaçao

What are the best paying jobs in Curaçao?

List with best paid jobs in CuraçaoDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Curaçao?

  1. Surgeon (USD 4,100)
  2. Doctor (USD 3,700)
  3. Chief Executive Officer (CEO) (USD 3,500)
  4. Registered Nurse Anesthetist (USD 3,500)
  5. Dentist (USD 3,300)
  6. Airline Pilot (USD 3,200)
  7. Intellectual Property Lawyer (USD 3,100)
  8. Marketing Manager (USD 2,700)
  9. Marketing Director (USD 2,700)
  10. Sales Director (USD 2,600)
  11. Sales Manager (USD 2,600)
  12. Petroleum Engineer (USD 2,600)
  13. Brand Manager (USD 2,500)
  14. Marketer (USD 2,500)
  15. Judge (USD 2,500)
  16. Treasurer (USD 2,400)
  17. Controller (USD 2,400)
  18. Pharmacist (USD 2,400)
  19. Tax Lawyer (USD 2,300)
  20. Lawyer (USD 2,300)
List with worst paid jobs in CuraçaoDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Curaçao?

  1. Cashier (USD 440)
  2. Childcare Worker (USD 460)
  3. Stock clerk (USD 470)
  4. Elder Care Worker (USD 470)
  5. Receptionist (USD 490)
  6. Bartender (USD 530)
  7. Food and beverage server (USD 540)
  8. Janitor (USD 540)
  9. Waiter (USD 550)
  10. Tour Guide (USD 550)
  11. Customer Service Representative (USD 660)
  12. Hotel Concierge (USD 670)
  13. Rehabilitation Counselor (USD 680)
  14. Travel Agent (USD 740)
  15. Secretary (USD 760)
  16. Painter (USD 790)
  17. Carpenter (USD 810)
  18. Bus Driver (USD 830)
  19. Artist (USD 840)
  20. Truck Driver (USD 850)
List with best paid industries in CuraçaoDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 2,600)
  2. Business and Management (USD 2,300)
  3. Marketing and Sales (USD 2,100)
  4. Engineering (USD 1,900)
  5. Law (USD 1,800)
  6. Accounting and Finance (USD 1,800)
  7. Computer and Information Technology (USD 1,800)
  8. Transportation and Logistics (USD 1,700)
  9. Science (USD 1,700)
  10. Education and Training (USD 1,400)
  11. Other (USD 1,100)
  12. Hospitality and Tourism (USD 860)
  13. Social Services (USD 710)
  14. Services (USD 650)