Photo description: Toeristen lopen door een kleurrijke straat van Kralendijk, hoofdstad van het Caribisch Nederlandse eiland Bonaire.

Bonaire

This infographic shows a contour of the island of Bonaire, showing the number of residents, percentage of renewable energy production and the labour participation rate. 21 , 745 21.0 % 69.8 % residents * renewable energy production ** labour participation rate ** * 1 January 2021 ** 2020

Population

This infographic shows the number of live born children on Bonaire, deaths, immigration and emigration figures. The population grew by 830 persons. P o p u l a t i o n d y n am i cs B o n ai r e , 2020 + 830* Li v e bi r ths 228 D e aths 111 Immig r ation 1,418 Emig r ation 699 *other c or r ections and domestic net mig r ation included

More births among young women on Bonaire

In 2020, Bonaire’s population increased by 830 to 21.7 thousand. This growth rate is similar to 2019, but high compared to the growth over the previous five years. The number of inhabitants born in the Caribbean Netherlands, almost all of them on Bonaire, has risen by almost 1.2 thousand over the past decade. On 1 January 2021, Bonaire was home to almost 3.4 thousand persons born in the European Netherlands, almost twice as many as ten years previously.

Population by region of birth, 1 January, Bonaire (x 1,000)
Country 2011 2016 2021
Caribbean
Netherlands
6.58 7.29 7.79
Aruba, Curaçao,
St Maarten
3.41 3.93 4.62
Other South and
Central America
3.00 3.87 4.49
North
America
0.34 0.62 0.47
European
Netherlands
1.71 2.66 3.37
21,745 residents on 1 January 2021 Buitenvorm Binnenvorm

In 2020, there were 228 live births on the island, against on average 192 over the years 2015–2019. Women in the age group 25 to 29 years in particular had more children. The reason for this increase has not been investigated. A possible explanation is that, due to coronavirus measures, women were more likely to give birth on Bonaire itself.

Live births and number of deaths, Bonaire
Population development 2015/2018 2019 2020
Live births 195 204 228
Deaths 89 97 111

Mortality was relatively high with 111 deaths; this is more than in the previous year and also exceeds the average over the period 2015–2019. Mortality was up, among people in their sixties and seventies in particular. In 2020, Bonaire registered 3 confirmed COVID-19 deaths. In 2021 up until end of June, 17 confirmed COVID-19 deaths were recorded.

External migration by region of origin/destination, Bonaire (migrants)
Migration Country of origin/destination 2020 2019 2015/2018
Immigration,
region of
origin
Aruba, Curaçao,
St Maarten, Immigration,
region of
origin
424 347 273
Immigration,
region of
origin
Other South and
Central America, Immigration,
region of
origin
210 359 288
Immigration,
region of
origin
North America, Immigration,
region of
origin
57 75 55
Immigration,
region of
origin
European
Netherlands, Immigration,
region of
origin
670 615 600
Emigration,
region of
destination
Aruba, Curaçao,
St Maarten, Emigration,
region of
destination
90 118 159
Emigration,
region of
destination
Other South and
Central America, Emigration,
region of
destination
9 17 21
Emigration,
region of
destination
North America, Emigration,
region of
destination
14 14 10
Emigration,
region of
destination
European
Netherlands, Emigration,
region of
destination
538 558 580

In 2020, immigration into Bonaire was higher than in previous years. There were relatively more migrants from the European Netherlands and Curaçao, but fewer from the Dominican Republic and Peru. Emigration declined, to Curaçao and Aruba in particular, and to a lesser extent to the European Netherlands.

Marrying and divorcing persons, Bonaire
Number of persons 2015/2018 2019 2020
Marrying 169 160 96
Divorcing 98 122 93

The number of marriages declined sharply in 2020. Ninety-six Bonaire inhabitants were married, down from 160 in 2019. Due to COVID-19, grand weddings were not permitted on Bonaire, which may have led to the decline in 2020.

More information about the population of Bonaire.

Youth

Only half of young Bonaire residents are island-born

In early 2021, Bonaire had 5.7 thousand young residents (0 to 24 years). Only half – 2.9 thousand – were born on the island; almost one-fifth were born on Curaçao and 14 percent in the European Netherlands. In addition, 11 percent were born in Central or South America, mostly in the Dominican Republic, Colombia or Venezuela, and 2 percent on Aruba. Relative to early 2020, the number of young people born on Bonaire, Curaçao and in the European Netherlands was up. Relative to five years ago, the highest increase was seen in young residents born on Bonaire itself and in Central or South America, while there was a decrease in the number born on Curaçao. The declining number of people born on Curaçao was partly due to improved medical facilities on Bonaire over the five years.

Young residents by region of birth, 1 January, Bonaire (0 to 24-year-olds (x 1,000))
Country of birth 2021 2020 2016
Bonaire 2.94 2.86 2.65
Curaçao 1.07 1.02 1.19
European Netherlands 0.81 0.76 0.77
Central and South America 0.63 0.63 0.53
Aruba 0.11 0.11 0.09
Other 0.18 0.19 0.24
2.9 thousand residents under 25 on Bonaire are island-born Buitenvorm Binnenvorm

The number of Bonaire-born young people is relatively low among the higher age categories, mainly due to emigration. Of all 0‑to-4‑year-olds, 880 were born on the island, versus 311 young people aged 20 to 24. In the latter age group, a relatively high number was born on Curaçao. In addition, the young adults also include a fairly large group born in Central or South America. Although the number born in the European Netherlands is highest in the 10 to 14‑year-old age group, it is lower among the 15‑to-20 and 20‑to-24‑year-olds.

Young residents by region of birth, 1 January 2021, Bonaire (0 to 24-year-olds)
Country of birth Bonaire Curaçao European Netherlands Central and South America Aruba Other
0 to 4 yrs 880 108 58 51 26 8
5 to 9 yrs 751 118 195 116 17 30
10 to 14 yrs 606 230 225 148 32 34
15 to 19 yrs 393 291 205 145 22 41
20 to 24 yrs 311 323 123 173 12 63

More information about youth on Bonaire.

Please also visit our Youth Monitor with information on the Caribbean Netherlands

Nature

Sea Turtle nests

Turtles play a vital role in the health of the oceans, linking various ecosystems from beaches to seagrass beds and coral reefs. Bonaire is home to three of the world’s seven species of sea turtles. Green and hawksbill turtles can be seen year-round, while loggerheads generally only visit during the nesting season. Since the start of the turtle nests surveys on Bonaire, a moderate increase in turtle nests has been observed.

Turtle nests, Bonaire
Year Loggerhead (Klein Bonaire) Hawksbill (Klein Bonaire) Green Turtle (Klein Bonaire) Loggerhead (Main island) Hawksbill (Main island) Green Turtle (Main island) Hybrid (Loggerhead x Hawksbill) (Main island)
2020 14 46 0 9 13 24 4
2019 18 31 0 10 8 16 0
2018 18 32 5 21 8 21 0
2017 17 61 0 7 22 21 0
2016 12 57 1 10 10 9 0
2015 10 46 5 7 8 1 0
2014 18 45 0 5 2 13 0
2013 25 54 0 6 34 2 0
2012 19 60 3 11 7 1 0
2011 23 20 0 9 5 2 0
2010 5 34 0 3 0 8 0
2009 16 35 0 4 0 3 0
2008 16 29 0 4 18 2 0
2007 25 26 0 5 8 9 0
2006 8 42 0 6 6 10 0
2005 14 29 0 . . . 0
2004 24 50 0 . . . 0
2003 9 34 0 . . . 0
Source: Sea Turtle Conservation Bonaire and Dutch Caribbean Biodiversity Database

Litter

On Bonaire’s beaches marine litter washes up containing a wide variety of litter items, of which plastics, paper, metal, glass are the most prevalent ones. In 2020 a reduction in marine litter items occurred, but it is too early to call this a trend.

Marine litter items, Bonaire (x 1,000)
Year Plastics Paper Metal Glass Other litter
2020 15.65 4.67 1.35 1.14 0.78
2019 24.18 4.92 0.99 0.91 1.02
Source: Clean Coast Bonaire & WWF and Dutch Caribbean Biodiversity Database
24 thousand or more plastic items cleaned up on Bonaire’s shores Buitenvorm Binnenvorm

Visitors to Washington Slagbaai Park

Every year, Bonaire’s Washington Slagbaai Park welcomes visitors from all over the world. Dutch nationals make up the large majority of visitors, followed by tourists from the US and local people. Due to the COVID-19 pandemic – and shutdown of tourism in 2020 – there was a sharp decline in visitor numbers.

Visitors to Washington Slagbaai National Park, Bonaire
Year Month Local United States Netherlands Other
2019 January, 2019 687 1061 2347 2334
2019 February, 2019 599 1060 2503 2110
2019 March, 2019 895 1321 2378 2229
2019 April, 2019 827 884 1971 1594
2019 May, 2019 779 828 1865 498
2019 June, 2019 980 848 1654 1904
2019 July, 2019 1055 1042 1921 810
2019 August, 2019 965 736 2444 552
2019 September, 2019 650 341 1675 1835
2019 October, 2019 698 401 1851 735
2019 November, 2019 509 642 1751 1216
2019 December, 2019 552 842 1702 1561
2020 January, 2020 667 1389 1926 2159
2020 February, 2020 589 967 1925 2365
2020 March, 2020 337 664 1270 933
2020 April, 2020 0 0 0 0
2020 May, 2020 698 12 96 29
2020 June, 2020 602 13 76 17
2020 July, 2020 1229 12 748 91
2020 August, 2020 1183 24 1344 242
2020 September, 2020 413 32 878 152
2020 October, 2020 281 12 230 72
2020 November, 2020 102 12 162 52
2020 December, 2020 679 25 1710 203
Source: STINAPA and Dutch Caribbean Biodiversity Database

Flamingos

The annual average number of flamingos is an indicator for the health of salt lakes and wetlands. Bonaire has a relatively small, but regionally important, stable population of these migratory birds.

Flamingo abundance (yearly average)1), Bonaire
Year Total number of flamingos
2020 2855
2019 2560
2018 3381
2017 4702
2016 2646
2015 3081
2014 2429
2013 2083
2012 1946
2011 3026
2010 2520
2009 2711
2008 3085
2007 2932
2006 3342
2005 3641
2004 3170
2003 3391
2002 3347
2001 3039
2000 4547
1999 4125
1998 2731
1997 3911
1996 1822
1995 4185
1994 3026
1993 3132
1992 3147
1991 1870
1990 2381
1989 .
1988 5941
1987 3259
1986 2964
1985 2725
1984 2944
1983 1708
1982 2661
1981 4532
Source: Openbaar Lichaam Bonaire
1) No data available for 1989

More information about turtle nests, marine litter, visits to the National Park and flamingo population on Bonaire.

Energy and water

Electricity production, Bonaire (million kWh)
Year Fossil Renewable
2007 73.5 0.7
2008 70.8 1.4
2009 73.9 1.5
2010 77.3 4.9
2011 58.8 26.3
2012 58.6 32.5
2013 56.9 36.7
2014 56.1 41.2
2015 63.4 40.1
2016 73.3 35.1
2017 81.9 31.5
2018 76.0 37.1
2019* 88.1 32.5
2020* 95.7 25.4
* Provisional figures

In 2020, Bonaire produced 121.2 million kilowatt hours (kWh) of electricity. This is 0.6 million kWh more than in the previous year and 63.3 percent more than in 2007, when production still stood at 74,2 million kWh. Of the total electricity production in 2020, 25.4 million kWh (21 percent) came from renewable sources, down from just under 27 percent the previous year. Practically all of it (99 percent) was produced by wind turbines. Solar panels generated the remaining 1 percent. The fact that less renewable electricity was produced from wind energy had to do with lower average wind speeds on Bonaire in 2020.

In 2020, 0.6 million more kWh of electricity were produced compared to 2019. This increase is less significant than in previous years. The number of connections increased almost as much as in 2019, both in homes and in businesses (478 new connections in 2019 and 498 in 2020). The average consumption per connection decreased. An explanation for this could be that, due to the lockdown, no tourists were able to visit Bonaire during most of 2020.

21% renewable energy production in 2020 Buitenvorm Binnenvorm
Electricity connections, Bonaire
Year Households Other
2007 5725 1426
2008 6071 1493
2009 6437 1531
2010 6789 1518
2011 7053 1540
2012 7262 1565
2013 7571 1619
2014 7715 1669
2015 7918 1830
2016 8143 1907
2017 8432 1972
2018 8647 2030
2019* 9078 2077
2020* 9483 2170
* Provisional figures

In 2020 Bonaire produced 2.0 million cubic metres (m3) of water. This is 77.5 percent more than in 2007, when 1.1 million cubic metres (m3) were produced. The increase in water production is partly due to population change. In 2011 there were 15,679 residents, against 20,915 in 2020. This represents an increase of 30 percent.

Water production, Bonaire ( million m³)
Year Water production
2007 1.10
2008 1.13
2009 1.18
2010 1.21
2011 1.25
2012 1.31
2013 1.36
2014 1.51
2015 1.59
2016 1.59
2017 1.63
2018 1.75
2019* 1.94
2020* 1.95
* Provisional figures
Water connections, Bonaire
Year Households Other
2007 5890 1009
2008 6126 1073
2009 6453 1152
2010 6756 1099
2011 6953 1115
2012 7125 1156
2013 7353 1149
2014 7609 1216
2015 7693 1370
2016 7855 1506
2017 8017 1631
2018 8184 1700
2019* 8912 1770
2020* 8910 1833
* Provisional figures

More information about water and electricity production on Bonaire.

Tourism and transport

In 2020, the number of visitors (non-residents) arriving on Bonaire by air stood at 65.8 thousand. This is 58 percent down on 2019. The largest decrease occurred in April and May when, due to COVID-19 measures, the number of visitors arriving at Bonaire International Airport dropped to almost zero. As in previous years, most of the visitors in 2020 originated from the European Netherlands or the United States, at 43 and 16 percent respectively. Due to the ongoing travel restrictions, the tourism market did not recover in the first quarter of 2021. Only 11.4 thousand visitors arrived by air during this year’s first quarter as compared to 37.8 thousand in Q1 2020 and 44.5 thousand visitors in Q1 2019. Approximately 50 percent of all visitors by air in Q1 2021 were Dutch nationals residing in the European part of the Netherlands. The share of visitors by air from the United States fell to 5 percent. In addition, the cruise sector was hit hard. Since mid-March 2020, no more cruise ships have visited Bonaire.

58% decline in visitors to Bonaire arriving by air in 2020
Visitors by air, Bonaire (x 1,000)
Year Number of visitors
2014 128.9
2015 133.4
2016 135.8
2017 128.5
2018 147.8
2019 157.8
2020* 65.8
* Provisional figures
Visitors by air per month, Bonaire (x 1,000)
Year Month 2018
2018 January, 2018 13.2
2018 February, 2018 12.1
2018 March, 2018 13.8
2018 April, 2018 13.9
2018 May, 2018 11.2
2018 June, 2018 11.3
2018 July, 2018 12.1
2018 August, 2018 10.9
2018 September, 2018 10.2
2018 October, 2018 11.9
2018 November, 2018 12.1
2018 December, 2018 15.1
2019 January, 2019 14.8
2019 February, 2019 13.7
2019 March, 2019 16.0
2019 April, 2019 14.1
2019 May, 2019 12.1
2019 June, 2019 12.5
2019 July, 2019 13.1
2019 August, 2019 11.9
2019 September, 2019 10.0
2019 October, 2019 12.2
2019 November, 2019 13.4
2019 December, 2019 14.0
2020* January, 2020* 14.8
2020* February, 2020* 15.6
2020* March, 2020* 7.4
2020* April, 2020* 0.0
2020* May, 2020* 0.1
2020* June, 2020* 1.1
2020* July, 2020* 5.7
2020* August, 2020* 5.6
2020* September, 2020* 2.8
2020* October, 2020* 1.7
2020* November, 2020* 4.0
2020* December, 2020* 7.0
2021* January, 2021* 3.6
2021* February, 2021* 4.5
2021* March, 2021* 3.3
* Provisional figures
Visitors by air to Bonaire, by nationality (%)
Nationality 2021* 2020* 2019
Dutch (Europe) 53 43 35
Dutch (Aruba, Curaçao, St Maarten) 24 23 22
US 5 16 25
Other 16 18 18
* Provisional figures. The 2021 estimates are only based on data of the 1st quarter of 2021

More information about inbound tourism by air on Bonaire.

Traffic and Transport

In 2020, there were nearly 7.8 thousand aircraft movements to and from Bonaire, down 51 percent on the previous year. The number of passengers visiting Bonaire in 2020 declined by 58 percent. By mid-March, air traffic to and from Bonaire was suspended due to COVID-19 restrictions. In the first quarter of 2021, the number of passengers visiting Bonaire was 13.8 thousand, a 69‑percent decrease on the first quarter of 2020. In 2020, 8 out of 10 passengers arrived from the airports of Curaçao, Amsterdam or Aruba.

Aircraft movements on Bonaire (x 1,000)
Q1 Q2 Q3 Q4
2014 2.9 2.5 2.7 3.2
2015 3.0 3.0 3.2 3.2
2016 2.9 2.8 2.8 2.7
2017 2.9 3.0 3.1 3.2
2018 3.2 3.2 3.4 3.6
2019 3.8 3.6 4.0 4.4
2020 * 3.5 0.7 2.3 1.3
2021 * 1.7 . . .
* Provisional figures

More information about monthly airport data on Bonaire.

Labour

In 2020, the size of the working age population (15 to 74 years) on Bonaire was almost 16.5 thousand, with 69.8 percent in employment. The labour force participation rate was higher among men: 73.6 percent of the men were employed, versus 65.7 percent of the women. Participation was relatively low among young people: 42.7 percent for those between 15 and 24 years old. 64.0 percent of lower educated people were in employment, versus 74.8 percent of those with an intermediate education level and 77.4 of the highly educated. Bonaire’s unemployment rate was 4.6 percent. This is equivalent to almost 550 unemployed who were looking for work and immediately available.

4.6% was Bonaire’s unemployment rate in 2020 Buitenvorm Binnenvorm

Just over 4.4 thousand Bonaire residents were not in the local labour force. They were not looking for work or not available at short notice; in most cases, a combination of both. A third (33 percent) were not prepared or unable to work due to old age or retirement. For 20 percent of those not in the labour force – young residents in particular – education was the predominant reason for not working. Other, smaller groups included people who were unable to work due to a disability or poor health (11 percent) or because they had to take care of relatives (9 percent).

Net labour participation (15 to 74 yrs), Bonaire, 2020 (%)
Net labour participation rate
Total 69.8
Male 73.6
Female 65.7
15-24 yrs 42.7
25-44 yrs 86.0
45-74 yrs 64.6
Low education level 64.0
Intermediate education level 74.8
High education level 77.4
Population not in labour force (15 to 74 yrs), Bonaire, 2020
Population not in labour force
Not available or not looking .
Available but not looking for work 510
Looking but not available for work 100
Not available and not looking .
Willing to work 250
Not willing/able to work because of .
Care 380
Education 890
Retirement or old age 1460
Illness, disability, poor health 480
Other reason 340

The average annual wage of employee jobs on Bonaire was 25.2 thousand US dollars in 2019. This is 4 percent more than in 2018. Women’s wages were 6 percent lower than men’s. Half of the jobs had earnings of less than 20 thousand US dollars.

Average annual wage of employee jobs, Bonaire (1,000 USD)
Year Male Female
2011 23.22 19.12
2012 23.91 20.73
2013 24.22 21.25
2014 25.04 22.24
2015 24.59 22.37
2016 24.49 22.33
2017 24.87 23.33
2018 25.13 23.22
2019* 26.03 24.36
* Provisional figures

More information about jobs and wages on Bonaire.

Income

In 2019, the median disposable household income on Bonaire was 24.6 thousand US dollars, equaling the level of 2013; it grew as of that year and peaked at 26.8 thousand US dollars in 2016. By 2019, the median income had dropped by more than 2 thousand US dollars relative to 2016. The same pattern was seen among households with incomes primarily from work. In 2019 they had 27.9 thousand US dollars to spend, i.e. nearly 2.5 thousand less than in 2016. For households receiving social benefits, the median income stood at 8.4 thousand US dollars in 2019, up by nearly 8 percent on 2018.

Median disposable household income, Bonaire (1,000 USD (in prices of 2019))
All households Main income from work Main income from social benefits
2011 25.0 27.6 8.4
2012 24.5 27.0 8.2
2013 24.6 27.6 8.2
2014 24.9 27.9 7.9
2015 25.7 29.0 8.1
2016 26.8 30.2 8.0
2017 26.3 29.6 8.0
2018 24.9 28.0 7.8
2019* 24.6 27.9 8.4
* Provisional figures

More information about the income of households on Bonaire.

Purchasing power development

In 2019, median purchasing power on Bonaire was up by 3.9 percent on 2018. Wages were raised that year, with a structural increase in minimum wages and social benefits adding an extra 5.0 percent to the regular indexation. The employed profited from a 3.5‑percent increase in median purchasing power. The largest increase in buying power was recorded among households with incomes primarily from social benefits, adding up to 7.2 percent. By contrast, in 2018 the median purchasing power had decreased.

3.9% growth in the purchasing power on Bonaire in 2019 Buitenvorm Binnenvorm
Median purchasing power development, Bonaire (year-on-year % change)
All households Main income from work Main income from social benefits
2012 3.2 3.6 2.9
2013 1.6 2.0 0.4
2014 2.0 2.7 0.3
2015 4.6 5.5 2.5
2016 3.0 3.4 -0.5
2017 1.0 1.6 0.1
2018 -1.8 -1.3 -2.8
2019* 3.9 3.5 7.2
* Provisional figures

In 2019, purchasing power growth applied to persons in all household types on Bonaire. Due to a higher child benefit rate, purchasing power rose particularly rapidly for households with underage children. For those in one-parent households, the buying power increase was most substantial, namely 8.2 percent. For couples with children, buying power increased by 4.7 percent. Median purchasing power still decreased in 2018 for all household types.

Median purchasing power development by household composition, Bonaire (year-on-year % change)
2019* 2018
Single person households 4.5 -2.8
One parent households 8.2 -1.0
Couples, without child(ren) 2.0 -2.7
Couples, with child(ren) 4.7 -0.6
Multiperson housholds nec 2.2 -1.8
* Provisional figures

More information about the purchasing power on Bonaire.

Income inequality

Bonaire has the most stable income inequality in the Caribbean Netherlands. The Gini coefficient was 0.39 in 2019. Disparities in standardised disposable income have remained virtually unchanged since 2011. As for the Gini coefficient, 0 means total equality: every household has the same income, and 1 means total inequality: one household has all the income, the rest has none.

Gini coefficient, Bonaire
Gini coefficient
2011 0.39
2012 0.39
2013 0.39
2014 0.40
2015 0.40
2016 0.39
2017 0.40
2018 0.40
2019* 0.39
* Provisional figures

More information about the income inequality on Bonaire.

Support for companies

As of March 2020, a package of emergency measures has been in place in the Caribbean Netherlands to tackle the economic consequences of the coronavirus crisis. On Bonaire, 45 percent of businesses availed of a financial contribution towards their wage costs and/or fixed overhead last year, with USD 28.1 million being paid out for wage costs and 13.4 million for fixed charges. Of all contributions, 36 percent were intended for the accommodation and food services sector.

Companies receiving support through the emergency package by sector, Bonaire, 2020
Categories Total companies Companies receiving support
Trade 420 230
Accommodation and food services 330 190
Construction 300 60
Rental and other business services 280 140
Specialist business services 230 70
Real estate activities 210 80
Other services 200 80
Culture, sports and recreation 120 70
Manufacturing 100 30
Health care and welfare 100 40
Transport and storage 90 60
Financial services 90 20
Information and communication 70 20
Education 70 20

Applications were made for wage and living cost allowances related to 3.5 thousand jobs of both employees and self-employed. One-third of these applications were made in the accommodation and food services sector.

More information about companies receiving support through the emergency package on Bonaire.

Consumer prices

In 2020, prices of consumer goods and services on Bonaire dropped by 2.5 percent. This is a sharp decrease after 2019, when prices rose by 1.3 percent year-on-year. In the first half of 2021, prices increased again relative to the second half of 2020.

Consumer Price Index (CPI), Bonaire (year-on-year % change)
Year Quarter Year-on-year change
2017 Q1, 2017 0.1
2017 Q2, 2017 0.4
2017 Q3, 2017 0.6
2017 Q4, 2017 1.2
2018 Q1, 2018 3.9
2018 Q2, 2018 3.0
2018 Q3, 2018 3.5
2018 Q4, 2018 3.4
2019 Q1, 2019 0.7
2019 Q2, 2019 1.1
2019 Q3, 2019 1.2
2019 Q4, 2019 2.2
2020 Q1, 2020 1.0
2020 Q2, 2020 -1.0
2020 Q3, 2020 -4.8
2020 Q4, 2020 -5.2
2021 Q1, 2021 -3.2
2021 Q2, 2021 0.2

The price index of housing, water and energy fell by 9.6 percent in 2020 and prices for communication by 11.4 percent. This was caused mainly by government subsidies on electricity, water and internet (relief measures in the context of the coronavirus epidemic).

Consumer Price Index (CPI), Bonaire (2017=100)
Year Quarter Food and non-alcoholic beverages Housing, water and energy
2017 Q1, 2017 99.3 99.8
2017 Q2, 2017 99.8 99.3
2017 Q3, 2017 100.6 100.4
2017 Q4, 2017 100.3 100.5
2018 Q1, 2018 102.8 107.3
2018 Q2, 2018 102.3 104.8
2018 Q3, 2018 101.3 109.3
2018 Q4, 2018 101.6 109.3
2019 Q1, 2019 102.5 109.9
2019 Q2, 2019 105.0 109.6
2019 Q3, 2019 105.5 110.5
2019 Q4, 2019 106.2 111.2
2020 Q1, 2020 106.0 105.3
2020 Q2, 2020 106.0 100.4
2020 Q3, 2020 105.7 96.4
2020 Q4, 2020 107.2 96.9
2021 Q1, 2021 107.4 99.1
2021 Q2, 2021 109.0 100.8

Prices for food and non-alcoholic beverages increased by 1.4 percent compared to 2019. Restaurants were 1.9 percent more expensive than in 2019 while transport went up by 1.4 percent. Prices of clothing and footwear, furnishing and household equipment, recreation and accommodation and food services all rose slightly.

2.5% price drop on Bonaire in 2020 Buitenvorm Binnenvorm

More information about the consumer price index (CPI) for Bonaire.

House prices

In 2020, prices of residential property on Bonaire reached the highest point since the beginning of measurement in 2011. Houses had become 48.1 percent more expensive. Relative to 2019, the price index rose by 9.3%.

Price index of dwellings, Bonaire (2011=100)
Year Price index
2011 100.0
2012 102.7
2013 102.3
2014 102.2
2015 95.2
2016 110.5
2017 109.4
2018 133.0
2019 135.5
2020 148.1
48.1% rise in house prices since 2011 Buitenvorm Binnenvorm

Unlike prices, the number of housing transactions fell on Bonaire. In 2020 the number of dwellings sold stood at 182, down 31.6 percent on the previous year. Relative to 2018, the year with the highest number of transactions to date, 44.3 percent fewer houses were sold.

In 2020, 318 house mortgages were issued, down 23.7 percent on the previous year. These also included remortgages and mortgages for building plots.

Number of sold dwellings and concluded mortgages, Bonaire
Year Number of dwellings sold Concluded mortgages
2011 155 320
2012 151 344
2013 168 277
2014 156 266
2015 150 248
2016 215 345
2017 214 323
2018 327 466
2019 266 417
2020 182 318

Looking at the total transaction value of dwellings sold on Bonaire, the pattern is quite similar to the number of dwellings in transaction: a sharp rise in 2018 followed by consecutive declines in 2019 and 2020. Calculating the average dwelling price however, i.e. dividing total transaction value by number of transactions, 2020 shows the highest average: approximately 362 thousand US dollars per dwelling sold.

Total transaction value of dwellings sold, Bonaire (million USD)
Year Transaction value
2011 37.355
2012 36.692
2013 44.283
2014 40.313
2015 40.944
2016 59.245
2017 52.150
2018 111.107
2019 80.471
2020 65.992

More information about dwellings on Bonaire.

Macroeconomics

The gross domestic product (GDP) of Bonaire increased from 480 million US dollars in 2017 to 505 million US dollars in 2018.noot1 This represents an annual growth rate of 5.0 percent.

Gross domestic product, Bonaire (million USD)
Year GDP
2012 417
2013 434
2014 452
2015 466
2016 487
2017 480
2018 505

In volume terms, GDP increased by 3.9 percent year-on-year. The volume growth of GDP is calculated by adjusting value growth for inflation on the basis of the consumer price index.

GDP volume growth, Bonaire (year-on-year % change)
Year Year-on-year change
2013 2.4
2014 1.6
2015 3.4
2016 2.2
2017 -1.3
2018 3.9
3.9% real economic growth in 2018 year-on-year Buitenvorm Binnenvorm

The increase in GDP on Bonaire was mainly driven by the accommodation and food services sector. This sector grew by 19.3 percent, making it the fastest-growing sector in 2018 together with financial institutions (18.8 percent). The growth in accommodation and food services is associated with the opening of new hotel and catering establishments in that year.

Gross value added (volume) on Bonaire, 2018 (year-on-year % change)
2018
Accommodation and food services 19.3
Financial institutions 18.8
Construction 13.0
Business services 12.8
Real estate activities 9.5
Manufacturing 7.0
Wholesale and retail trade 3.7
Culture, recreation, other services 3.6
Education 1.1
Public administration and services 0.3
Health and social work activities -4.4
Energy, water, waste treatment -4.9
Agriculture and mining and quarrying -7.4
Transport, ICT -15.5

GDP per capita increased slightly from 24.8 thousand US dollars in 2017 to 25.4 thousand US dollars in 2018.

GDP per capita, Bonaire (1,000 USD)
Year GDP per capita
2012 24.6
2013 24.3
2014 24.2
2015 24.3
2016 25.3
2017 24.8
2018 25.4

More information on the Gross Domestic Product of Bonaire.

Definitions

Gross domestic product (market prices) (GDP):

The final result of productive activities of production units in the Netherlands. It equals the sum of value added in all sectors of industry, and includes some transactions that are not classified by sector of industry.

Volume change:

The weighted average of the changes in the volume and quality of the parts of particular goods or service transactions or the value added.

GDP per capita (as defined by Eurostat):

The indicator is calculated as the ratio of real GDP to the average population of a specific year.

International trade

Since little manufacturing or production takes place on Bonaire, most goods need to be imported. The island has a structural trade deficit. In 2020, Bonaire’s trade deficit was 236 million US dollars. This is 2 percent lower compared to 2019, representing the first trade deficit decrease in six years’ time.

236 million USD was the trade deficit on Bonaire in 2020

In 2020, goods imports and exports on Bonaire amounted to 244 million and 8 million US dollars, respectively. Both imports (–3 percent) and exports (–33 percent) declined on the previous year.

Imports and exports of goods, Bonaire (million USD)
Year Import value Export value Trade balance
2016 200.6 8.7 -191.9
2017 212.8 10.9 -201.9
2018 223.2 9.3 -213.9
2019 252.6 12.0 -240.6
2020 243.8 8.0 -235.8

There is no indication that Bonaire’s smaller trade deficit in 2020 was a direct result of the coronavirus crisis. Compared to 2019, Bonaire had larger deficits for most categories of goods – including goods for dealing with the crisis, such as face masks, disinfectants, medical goods and instruments. The smaller deficit is entirely attributable to a lower import value of machinery and transport equipment.

Composition of trade deficit, Bonaire (million USD)
Machinery and transport equipment Food and live animals Manufactured goods Chemicals and related products Beverages and tobacco Crude materials Mineral fuels Other goods
2019 75.8 44.0 37.9 22.5 19.6 4.0 2.3 34.6
2020 58.2 45.2 41.7 25.2 19.8 8.2 1.8 35.8

However, in the second quarter of 2020, the import of goods showed the sharpest quarterly decrease (–13 percent) in seven years’ time. Due to the coronavirus crisis, Bonaire had almost one-fifth fewer customs declarations of imported goods than in the same quarter of 2019.

Imports of goods, Bonaire, 2020 (million USD)
Import value
Q1 62.1
Q2 52.9
Q3 62.4
Q4 66.3

More information about international trade on Bonaire.

Noten

Statistics Netherlands publishes GDP figures for the Caribbean Netherlands two years following the reporting period. Earlier publication has not been feasible due to data availability.

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