Unification
In 1845 the Dutch Windward islands united with Curaçao, Bonaire, and Aruba in a political unit. The abolition of slavery hurt the islands' economy until the 20th century, when oil was discovered off the shores of Venezuela and a refinery was established on Curaçao. In addition, during the same period, an offshore financial sector was created to serve Dutch business interests. Since 1945, the federation of the Netherlands Antilles--Curacao, Bonaire, Saba, Sint Eustatius, and Sint Maarten--have been autonomous in internal affairs. Aruba was part of this federation until January 1, 1986, when it gained status apart within the Kingdom of the Netherlands.

About 85% of Curacao's population is of African derivation. The remaining 15% is made up of various races and nationalities, including Dutch, Portuguese, North Americans, natives from other Caribbean islands, Latin Americans, Sephardic Jews, Lebanese, and Asians. Roman Catholicism predominates, but several other religions are represented, which include Anglican, Jewish, Muslim, Protestant, Mormon, Baptist, Islam, and Hindu. The Jewish community is the oldest in the Western Hemisphere, dating back to 1634. While faltering economic conditions caused the Netherlands Antilles to experience high rates of migration by citizens to the Netherlands from 1998-2002, this trend has largely been reversed in recent years.