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Economy of Bahamas vs Suriname compared: GDP & Debt

Updated on by Georank team

The Bahamas has a GDP of $15.8B compared to $4.42B for Suriname, ranking 140/197 and 164/197 by economy size, respectively.

The Bahamas has $11.5B in government debt (72.5% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Bahamas vs Suriname GDP by year

Bahamas
Suriname
1x
Year GDP, current $
Bahamas Suriname
2024 $15,832,800,000 $4,416,775,112
2023 $15,271,300,000 $3,472,693,412
2022 $13,896,800,000 $3,791,603,200
2021 $12,037,000,000 $3,107,923,198
2020 $10,363,200,000 $2,911,807,496
2019 $13,277,000,000 $4,016,040,575
2018 $12,819,200,000 $3,996,198,867
2017 $12,446,900,000 $3,591,679,431
2016 $11,880,900,000 $3,317,421,648
2015 $11,837,600,000 $5,126,237,646
2014 $11,139,100,000 $5,240,606,061
2013 $10,475,300,000 $5,145,757,576
2012 $10,720,400,000 $4,980,000,000
2011 $10,070,450,000 $4,422,276,622
2010 $10,095,760,000 $4,368,370,998
2009 $9,981,960,000 $3,875,409,836
2008 $10,526,000,000 $3,532,969,035
2007 $10,618,340,000 $2,936,612,022
2006 $10,167,250,000 $2,626,380,435
2005 $9,836,200,000 $1,793,410,397
2004 $9,055,290,000 $1,484,092,538
2003 $8,870,090,000 $1,274,190,311
2002 $8,881,160,000 $1,093,574,468
2001 $8,317,830,000 $834,279,358
2000 $8,076,470,000 $947,671,970
1999 $7,683,870,000 $886,290,698
1998 $6,833,220,000 $1,110,850,000
1997 $6,332,360,000 $926,422,500
1996 $3,609,000,000 $861,372,806
1995 $3,429,000,000 $691,590,498
1994 $3,259,000,000 $605,492,537
1993 $3,092,000,000 $428,764,706
1992 $3,109,000,000 $404,600,000
1991 $3,111,160,000 $448,100,000
1990 $3,166,000,000 $388,400,000
1989 $3,062,000,000 $542,600,000
1988 $2,817,900,000 $1,161,000,000
1987 $2,713,999,900 $980,000,000
1986 $2,472,500,000 $891,000,000
1985 $2,320,699,900 $873,000,000
1984 $2,041,100,000 $864,000,000
1983 $1,732,800,000 $883,500,000
1982 $1,578,300,000 $915,000,000
1981 $1,426,500,000 $889,000,000
1980 $1,335,300,000 $795,000,000
1979 $1,139,800,100 $782,500,000
1978 $832,400,000 $735,500,000
1977 $713,000,000 $641,500,000
1976 $642,100,000 $505,500,000
1975 $596,200,000 $465,500,000
1974 $632,400,000 $409,850,000
1973 $670,900,000 $339,450,000
1972 $590,900,000 $311,950,000
1971 $573,400,000 $301,000,000
1970 $539,500,000 $274,900,000
1969 $538,700,000 $259,650,000
1968 $453,800,000 $241,350,000
1967 $398,000,000 $220,700,000
1966 $346,800,000 $190,350,000
1965 $300,272,048 $154,150,000
1964 $266,560,043 $134,400,000
1963 $237,650,038 $125,950,000
1962 $212,170,034 $116,150,000
1961 $190,022,030 $107,700,000
1960 $169,736,027 $99,650,000

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahamas/suriname | CC BY

GDP per capita in Bahamas vs Suriname by year

Bahamas
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bahamas Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $39,455 $41,198 $6,962 $21,801
2023 $38,232 $39,090 $5,522 $21,110
2022 $34,957 $36,791 $6,084 $20,079
2021 $30,368 $31,065 $5,030 $18,458
2020 $26,179 $27,205 $4,755 $16,947
2019 $33,640 $36,116 $6,630 $19,772
2018 $32,642 $35,228 $6,666 $17,855
2017 $31,875 $34,282 $6,050 $17,568
2016 $30,617 $32,285 $5,644 $14,475
2015 $30,719 $32,138 $8,814 $16,544
2014 $29,137 $31,726 $9,108 $16,598
2013 $27,643 $30,294 $9,043 $16,173
2012 $28,552 $31,036 $8,851 $15,185
2011 $27,091 $30,074 $7,950 $13,926
2010 $27,473 $29,625 $7,944 $13,039
2009 $27,513 $29,197 $7,130 $12,393
2008 $29,392 $30,679 $6,576 $12,097
2007 $30,052 $31,232 $5,530 $11,530
2006 $29,185 $30,402 $5,003 $10,803
2005 $28,602 $29,143 $3,453 $10,014
2004 $26,650 $27,660 $2,888 $9,389
2003 $26,429 $27,031 $2,516 $8,552
2002 $26,782 $27,171 $2,202 $8,046
2001 $25,372 $26,351 $1,715 $7,865
2000 $24,940 $25,422 $1,988 $7,535
1999 $24,041 $24,184 $1,898 $7,367
1998 $21,667 $22,556 $2,429 $7,521
1997 $20,368 $21,606 $2,068 $7,422
1996 $11,784 $21,287 $1,963 $7,048
1995 $11,375 $20,377 $1,610 $7,000
1994 $10,991 $19,441 $1,434 $6,973
1993 $10,613 $18,781 $1,022 $6,650
1992 $10,873 $18,636 $969 $6,992
1991 $11,082 $19,296 $1,080 $6,852
1990 $11,473 $19,817 $942 $6,493
1989 $11,291 - $1,329 -
1988 $10,576 - $2,886 -
1987 $10,361 - $2,469 -
1986 $9,601 - $2,271 -
1985 $9,167 - $2,256 -
1984 $8,202 - $2,261 -
1983 $7,081 - $2,333 -
1982 $6,559 - $2,430 -
1981 $6,029 - $2,368 -
1980 $5,743 - $2,118 -
1979 $4,994 - $2,072 -
1978 $3,720 - $1,928 -
1977 $3,253 - $1,666 -
1976 $2,993 - $1,302 -
1975 $2,841 - $1,190 -
1974 $3,080 - $1,041 -
1973 $3,341 - $858 -
1972 $3,014 - $785 -
1971 $3,004 - $768 -
1970 $2,916 - $724 -
1969 $3,027 - $708 -
1968 $2,668 - $681 -
1967 $2,453 - $644 -
1966 $2,239 - $575 -
1965 $2,030 - $482 -
1964 $1,883 - $435 -
1963 $1,759 - $424 -
1962 $1,651 - $409 -
1961 $1,555 - $395 -
1960 $1,459 - $378 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahamas/suriname | CC BY

The Bahamas' GDP per capita is $39,455, ranking 30/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), the Bahamas ranks 57th at $41,198, while Suriname ranks 89th at $21,801.

Economic indicators

Bahamas Suriname
Gross domestic product
$15.8B
2024
$4.42B
2024
GDP rank
140/197
2024
164/197
2024
GDP growth
3.38%
2023-2024
1.72%
2023-2024
GDP per capita
$39,455
2024
$6,962
2024
GDP per capita rank
30/197
2024
102/197
2024
GDP per capita, PPP
$41,198
2024
$21,801
2024
GDP per capita PPP rank
57/197
2024
89/197
2024
Government debt
$11.5B
2024
$3.86B
2024
Debt-to-GDP ratio
72.5%
2024
87.3%
2024
Government debt per person
$28,616
2024
$6,077
2024
Government debt per person rank
25/185
2024
74/185
2024
Average annual personal income after taxes
$29,535
2026
$3,263
2026
Income share by richest 10% n/a
30.1%
2022
Income share by poorest 10% n/a
2.2%
2022
Government expenditure, % of GDP
20.6%
2024
29.2%
2024
Consumer prices inflation
0.41%
2023-2024
16.2%
2023-2024
Central bank interest rate
4%
2016
10%
2013
Unemployment rate
8.65%
2023
7.92%
2016
Population
405203
646767

Spending and national debt comparison by year

Bahamas
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Bahamas Suriname
Government spending Government debt Government spending Government debt
2024 20.6% 72.5% 29.2% 87.3%
2023 22.2% 74.8% 29% 98.2%
2022 23.9% 79.1% 29.5% 116.9%
2021 26.9% 84.5% 32% 115.8%
2020 28.2% 81.9% 30.2% 146.4%
2019 19.9% 59.3% 40.5% 84%
2018 19.2% 60.6% 29.5% 68.6%
2017 22.5% 53.4% 28.7% 73%
2016 19.4% 51% 27.9% 75.4%
2015 17.9% 48.5% 29.9% 41.2%
2014 17.6% 46.3% 25.2% 25.2%
2013 18.4% 44.8% 26.2% 27.9%
2012 16.5% 36.4% 25.1% 20.1%
2011 17.1% 35.3% 21% 18.7%
2010 15.3% 33.7% 21% 17.3%
2009 15.6% 30.9% 24% 14.6%
2008 14.4% 25.5% 20.5% 14.8%
2007 13.3% 23% 22.6% 16.4%
2006 13% 22.8% 22.2% 22.5%
2005 12.3% 22% 22.2% 27.1%
2004 12.4% 21.4% 20.8% 29.4%
2003 11.8% 20.9% 19.2% 31.5%
2002 11.3% 18.8% 22.2% 37.4%
2001 11.2% 18.2% 21.8% 37.2%
2000 11.3% 18.7% 24.4% 48.4%
1999 8.78% 18.7% 19.6% 32.3%
1998 11.6% 20% 30.3% 21.6%
1997 12.5% 20.8% 21.1% 16.8%
1996 11.2% 20.2% 21.4% 11.8%
1995 11.2% 20.5% 20.2% 16.3%
1994 11.4% 20.4% 19.8% 30.5%
1993 11.5% 19.8% 21.2% 51.1%
1992 11.8% 17.9% 24.4% 64.4%
1991 12% 15.4% 26.6% 75.7%
1990 11.4% 13.2% 22.7% 72.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/bahamas/suriname | CC BY

In 2024, the Bahamas' government spending was $3.26B, accounting for 20.6% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 72.5% in the Bahamas and 87.3% in Suriname, ranking 53/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Bahamas

Suriname
1x
Year Deficit/surplus, % of GDP
Bahamas Suriname
2024 -1.18% -2.42%
2023 -3.49% -1.68%
2022 -5.16% -2.69%
2021 -11.1% -5.66%
2020 -8.09% -12%
2019 -1.65% -20.2%
2018 -3.24% -8.56%
2017 -5.92% -8.62%
2016 -2.61% -10.2%
2015 -3.24% -8.29%
2014 -4.38% -2.65%
2013 -5.16% -2.64%
2012 -3.15% -0.38%
2011 -2.87% 2.32%
2010 -2.56% -0.15%
2009 -2.45% 2.03%
2008 -0.83% 2.39%
2007 -0.76% 5.01%
2006 -0.43% 0.59%
2005 -1.11% -3.39%
2004 -1.93% -1.2%
2003 -1.63% -0.11%
2002 -1.62% -3.3%
2001 0.3% 3.49%
2000 0.09% -7.76%
1999 1.68% -4.92%
1998 -0.41% -6.39%
1997 -1.56% -0.32%
1996 -0.15% 3.42%
1995 0.18% 1.17%
1994 -0.39% -1.89%
1993 -1.05% -4.68%
1992 -2.23% -6.45%
1991 -2.29% -9.8%
1990 -2.64% -3.04%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/bahamas/suriname | CC BY

In 2024, the Bahamas' government deficit, the difference between spending and revenue, was $187M, equivalent to 1.18% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, the Bahamas recorded a fiscal deficit in 31 of those years, while Suriname ran a deficit in 27 years. On average, the Bahamas posted an annual deficit equal to 2.37% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Bahamas

Suriname
1x
Year Consumer prices inflation
Bahamas Suriname
2024 0.41% 16.2%
2023 3.05% 51.6%
2022 5.61% 52.4%
2021 2.9% 59.1%
2020 0.04% 34.9%
2019 2.49% -
2018 2.27% -
2017 1.52% 22%
2016 -0.35% 55.4%
2015 1.86% 6.89%
2014 1.51% 3.38%
2013 0.72% 1.92%
2012 1.97% 5.01%
2011 3.2% 17.7%
2010 1.34% 6.94%
2009 2.06% -0.13%
2008 4.49% 14.7%
2007 2.49% 6.43%
2006 2.39% 11.3%
2005 1.59% 9.9%
2004 0.98% 9.99%
2003 3.03% 23%
2002 2.17% 15.5%
2001 2.04% 38.6%
2000 1.61% 59.4%
1999 1.25% 98.8%
1998 1.34% 19%
1997 0.54% 7.15%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/bahamas/suriname | CC BY

Over the past 28 years, the Bahamas has recorded an average annual inflation rate of 1.95%, compared with 24.9% in Suriname. In 2024, inflation was 0.41% in the Bahamas and 16.2% in Suriname.

Top exports between countries

Bahamas
Export category Export value
Metals $47K
Suriname
Export category Export value
Machinery & equipment $28K
Raw materials & minerals $11K

Balance of trade

Bahamas Suriname
Current account balance
-$1.05B
2024
$9.31M
2024
Current account balance ranking
127/190
2024
76/190
2024
Current account balance, % of GDP
-6.65%
2024
+0.21%
2024
Goods imports
$4.6B
2024
$1.65B
2024
Goods exports
$874M
2024
$2.58B
2024
Service imports
$2.47B
2024
$921M
2024
Service exports
$5.9B
2024
$211M
2024
Imports of goods and services, % of GDP
41.5%
2024
38.4%
2010
Exports of goods and services, % of GDP
37.8%
2024
52.5%
2010

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bahamas Suriname
Economic freedom 65.1 53
Economic freedom ranking 66/197 143/197
Property rights 62.7 40.5
Government integrity 67.1 41
Judicial effectiveness 79.8 46.5
Tax burden 96.1 69.1
Government spending 83.8 74.3
Fiscal health 9.1 76.6
Business freedom 69.4 56.9
Labor freedom 66.5 69
Monetary freedom 77.2 56.4
Trade freedom 59.4 65.2
Investment freedom 50 20
Financial freedom 60 20

Economic freedom comparison by year

Bahamas
Suriname
1x
Year Economic freedom index
Bahamas Suriname
2026 65.1 53
2025 63.2 50.9
2024 62.5 46.7
2023 62.6 46.1
2022 68.7 48.1
2021 64.6 46.4
2020 64.5 49.5
2019 62.9 48.1
2018 63.3 48.1
2017 61.1 48
2016 70.9 53.8
2015 68.7 54.2
2014 69.8 54.2
2013 70.1 52
2012 68 52.6
2011 68 53.1
2010 67.3 52.5
2009 70.3 54.1
2008 71.1 54.3
2007 72 54.8
2006 72.3 55.1
2005 72.6 51.9
2004 72.1 47.9
2003 73.5 46.9
2002 74.4 48
2001 74.8 44.3
2000 73.9 45.8
1999 74.7 40.1
1998 74.5 39.9
1997 74.5 35.9
1996 74 36.7
1995 71.8 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/bahamas/suriname | CC BY

The Economic Freedom Index for the Bahamas is 65.1, ranking 66/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bahamas Suriname
Services, % of GDP
77.2%
2024
50.8%
2024
Industry, % of GDP
9.63%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
0.51%
2024
6.77%
2024
GNI, Atlas method
$14.9B
2024
$3.61B
2024
GNI per capita, PPP
$39,550
2024
$20,000
2024
Total reserves including gold
$2.51B
2023
$1.63B
2024
Total reserves ranking
122/177
2023
132/177
2024
Net foreign direct investment
-$77.6M
2024
$26.5M
2024
Net inflows of foreign direct investment
$241M
2024
-$37.6M
2024
Net outflows of foreign direct investment
$163M
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI n/a
20.5%
2023
Poverty at national poverty lines
9.3%
2020
70%
2020
Gross capital formation, % of GDP
26.8%
2024
36.2%
2010

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bahamas/suriname | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.