Bonaire's economy grows 4.0% in 2024 while Saba's shrinks 4.4%
Statistics Netherlands (CBS) says Sint Eustatius also grew in 2024, by 1.6%, while only Bonaire's economy has expanded over ten years.
Statistics Netherlands (CBS) reports that Bonaire's economy grew 4.0% in 2024 and Sint Eustatius's grew 1.6%. Saba's economy shrank 4.4%, mainly because education and public administration contracted.
Bonaire and Sint Eustatius grew in 2024, Saba shrank
% change in GDP on a year earlier, 2024
Bonaire and Sint Eustatius grew in 2024, Saba shrank (% change in GDP on a year earlier, 2024). Highest: Bonaire, 4; lowest: Saba, -4.4; 3 items. Source: CBS.
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| Item | % change in GDP on a year earlier, 2024 |
|---|---|
| Bonaire | 4 |
| Sint Eustatius | 1.6 |
| Saba | -4.4 |
On Bonaire the growth was broadly shared across sectors. Energy, water and waste management rose 11.0% on higher electricity and water production, hospitality 8.0%, and trade and healthcare 6.0%. Farming and mining, construction and industry shrank.
CBS says Bonaire's population grew 5.0% in 2024, stay-over tourists rose 7.4% and household disposable income rose 15.0% compared with 2023.
On Sint Eustatius, business services, public administration and construction drove growth. On Saba, education fell because there were fewer students, and the number of civil service jobs dropped 1.6%.
Compared with 2014, Bonaire's GDP, corrected for price changes, was more than 40% larger in 2024. Sint Eustatius's was almost 30% smaller, which CBS attributes mainly to falling value added at a small number of large companies. Saba's economy also shrank over the decade, mainly because of education.
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CBS (Centraal Bureau voor de Statistiek)
Statistics Netherlands, the independent government body that produces the official statistics on the Dutch economy and society.