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Economy of Belarus vs Suriname compared: GDP & Debt

Updated on by Georank team

Belarus has a GDP of $76B compared to $4.71B for Suriname, ranking 83/197 and 164/197 by economy size, respectively.

Belarus has $33.7B in government debt (42.9% of GDP), compared to $4.11B (86.6% of GDP) in Suriname.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Belarus
GDP, current $

GDP, constant 2015 $
Suriname
GDP, current $

GDP, constant 2015 $
Year GDP
Belarus Suriname
Current $ Constant $ Current $ Constant $
1960 - - $99,650,000 $1,039,858,389
1961 - - $107,700,000 $1,089,771,592
1962 - - $116,150,000 $1,132,272,684
1963 - - $125,950,000 $1,195,679,954
1964 - - $134,400,000 $1,273,399,151
1965 - - $154,150,000 $1,426,207,049
1966 - - $190,350,000 $1,700,038,803
1967 - - $220,700,000 $1,905,743,498
1968 - - $241,350,000 $2,050,580,004
1969 - - $259,650,000 $2,142,856,104
1970 - - $274,900,000 $2,200,713,219
1971 - - $301,000,000 $2,286,541,034
1972 - - $311,950,000 $2,272,821,788
1973 - - $339,450,000 $2,231,910,996
1974 - - $409,850,000 $2,240,838,640
1975 - - $465,500,000 $2,303,582,122
1976 - - $505,500,000 $2,506,297,349
1977 - - $641,500,000 $2,761,939,678
1978 - - $735,500,000 $2,944,227,697
1979 - - $782,500,000 $2,926,562,331
1980 - - $795,000,000 $2,669,024,846
1981 - - $889,000,000 $2,858,525,610
1982 - - $915,000,000 $2,738,467,534
1983 - - $883,500,000 $2,631,667,300
1984 - - $864,000,000 $2,581,665,621
1985 - - $873,000,000 $2,633,298,934
1986 - - $891,000,000 $2,654,365,325
1987 - - $980,000,000 $2,489,794,675
1988 - - $1,161,000,000 $2,683,998,660
1989 - - $542,600,000 $2,796,726,603
1990 $17,389,558,233 $29,435,120,618 $388,400,000 $2,670,873,906
1991 $18,404,907,975 $29,081,900,435 $448,100,000 $2,742,987,479
1992 $16,939,790,094 $26,290,037,656 $404,600,000 $2,753,959,429
1993 $16,275,073,527 $24,291,994,261 $428,764,706 $2,569,444,198
1994 $14,931,435,232 $21,449,829,995 $605,492,537 $2,656,805,273
1995 $13,972,683,274 $19,219,047,590 $691,590,498 $2,656,805,273
1996 $14,756,846,154 $19,757,181,802 $861,372,806 $2,683,373,358
1997 $14,130,585,516 $22,009,501,596 $926,422,500 $2,836,325,577
1998 $15,221,352,699 $23,858,297,858 $1,110,850,000 $2,901,561,112
1999 $12,138,243,081 $24,669,479,794 $886,290,698 $2,860,939,243
2000 $12,736,780,455 $26,100,310,428 $947,671,970 $2,921,018,935
2001 $12,354,820,144 $27,333,629,973 $834,279,358 $3,043,701,742
2002 $14,594,900,945 $28,712,684,737 $1,093,574,468 $3,128,925,412
2003 $17,825,444,724 $30,734,974,395 $1,274,190,311 $3,326,047,695
2004 $23,141,566,293 $34,254,050,014 $1,484,092,538 $3,608,761,755
2005 $30,210,091,837 $37,473,931,238 $1,793,410,397 $3,771,156,042
2006 $36,961,894,281 $41,221,322,382 $2,626,380,435 $3,989,639,611
2007 $45,275,711,996 $44,766,358,828 $2,936,612,022 $4,193,569,552
2008 $60,752,106,347 $49,332,527,214 $3,532,969,035 $4,367,326,198
2009 $50,873,167,326 $49,431,189,908 $3,875,409,836 $4,498,944,264
2010 $57,231,904,543 $53,262,115,562 $4,368,370,998 $4,731,486,826
2011 $61,762,382,328 $56,218,149,512 $4,422,276,622 $5,008,248,887
2012 $65,685,890,439 $57,178,272,623 $4,980,000,000 $5,142,988,298
2013 $75,527,558,966 $57,749,323,055 $5,145,757,576 $5,293,854,859
2014 $78,813,069,121 $58,702,836,384 $5,240,606,061 $5,307,380,819
2015 $56,454,769,845 $56,454,769,845 $5,126,237,646 $5,126,237,646
2016 $47,723,545,321 $55,028,470,324 $3,317,421,648 $4,874,454,256
2017 $54,725,405,751 $56,421,892,170 $3,591,679,431 $4,950,790,054
2018 $60,031,026,576 $58,198,729,041 $3,996,198,867 $5,195,768,566
2019 $64,410,170,653 $59,040,547,745 $4,016,040,575 $5,256,433,829
2020 $61,371,673,345 $58,643,356,622 $2,911,807,496 $4,416,708,447
2021 $69,673,747,132 $60,073,587,235 $3,107,923,198 $4,309,144,555
2022 $73,775,179,925 $57,275,121,700 $3,791,603,200 $4,412,832,155
2023 $72,478,760,370 $59,638,602,548 $3,455,146,281 $4,524,898,973
2024 $75,961,865,472 $62,030,020,173 $4,714,267,822 $4,653,387,372

Economic indicators

Belarus Suriname
Gross domestic product
$76B
2024
$4.71B
2024
GDP rank
83/197
2024
164/197
2024
GDP growth
4.81%
2023-2024
36.4%
2023-2024
GDP per capita
$8,317
2024
$7,431
2024
GDP per capita rank
95/197
2024
101/197
2024
GDP per capita, PPP
$33,006
2024
$22,067
2024
Government debt
$33.7B
2024
$4.11B
2024
Debt-to-GDP ratio
42.9%
2025
86.6%
2025
Government debt per person
$3,691
2024
$6,481
2024
Government debt per person rank
94/185
2024
71/185
2024
Average annual personal income after taxes
$6,343
2025
$3,252
2025
Market capitalization of domestic companies
$6.01B
2024
n/a
Income share by richest 10%
20.7%
2020
30.1%
2022
Income share by poorest 10%
4.5%
2020
2.2%
2022
Government expenditure, % of GDP
41.3%
2025
29.2%
2025
Consumer prices inflation
7%
2024-2025
16.2%
2023-2024
Central bank interest rate
9.75%
2025
10%
2013
Unemployment rate
3.46%
2023
7.92%
2016
Population
9074112
644193

GDP per capita in Belarus vs Suriname

Belarus' GDP per capita is $8,317, ranking 95/197, compared to $7,431 in Suriname, ranking 101/197. Adjusted for purchasing power (GDP per capita PPP), Belarus ranks 68th at $33,006, while Suriname ranks 87th at $22,067.

Belarus
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
Year Current $
Belarus Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $378 -
1961 - - $395 -
1962 - - $409 -
1963 - - $424 -
1964 - - $435 -
1965 - - $482 -
1966 - - $575 -
1967 - - $644 -
1968 - - $681 -
1969 - - $708 -
1970 - - $724 -
1971 - - $768 -
1972 - - $785 -
1973 - - $858 -
1974 - - $1,041 -
1975 - - $1,190 -
1976 - - $1,302 -
1977 - - $1,666 -
1978 - - $1,928 -
1979 - - $2,072 -
1980 - - $2,118 -
1981 - - $2,368 -
1982 - - $2,430 -
1983 - - $2,333 -
1984 - - $2,261 -
1985 - - $2,256 -
1986 - - $2,271 -
1987 - - $2,469 -
1988 - - $2,886 -
1989 - - $1,329 -
1990 $1,707 $5,220 $942 $6,493
1991 $1,805 $5,330 $1,080 $6,852
1992 $1,658 $4,917 $969 $6,992
1993 $1,590 $4,641 $1,022 $6,650
1994 $1,460 $4,190 $1,434 $6,973
1995 $1,371 $3,846 $1,610 $7,000
1996 $1,453 $4,039 $1,963 $7,048
1997 $1,397 $4,596 $2,068 $7,422
1998 $1,511 $5,061 $2,429 $7,521
1999 $1,211 $5,331 $1,898 $7,367
2000 $1,276 $5,796 $1,988 $7,535
2001 $1,244 $6,238 $1,715 $7,865
2002 $1,479 $6,697 $2,202 $8,046
2003 $1,820 $7,362 $2,516 $8,552
2004 $2,378 $8,483 $2,888 $9,389
2005 $3,126 $9,637 $3,453 $10,014
2006 $3,848 $10,995 $5,003 $10,803
2007 $4,735 $12,320 $5,530 $11,530
2008 $6,376 $13,886 $6,576 $12,097
2009 $5,352 $14,034 $7,130 $12,393
2010 $6,035 $15,339 $7,944 $13,039
2011 $6,528 $16,563 $7,950 $13,926
2012 $6,953 $18,115 $8,851 $15,185
2013 $7,998 $19,014 $9,043 $16,173
2014 $8,341 $19,038 $9,108 $16,598
2015 $5,967 $18,134 $8,814 $16,544
2016 $5,040 $17,832 $5,644 $14,475
2017 $5,786 $18,414 $6,050 $17,568
2018 $6,360 $20,026 $6,666 $17,855
2019 $6,838 $22,302 $6,630 $19,772
2020 $6,543 $24,872 $4,755 $16,947
2021 $7,490 $27,611 $5,030 $18,458
2022 $7,995 $28,429 $6,084 $20,079
2023 $7,897 $30,834 $5,494 $21,136
2024 $8,317 $33,006 $7,431 $22,067

Spending and national debt comparison

In 2024, Belarus' government spending was $31.1B, accounting for 41.3% of its GDP, while Suriname's spent $1.38B, or 29.2% of GDP.

Debt-to-GDP ratio is 42.9% in Belarus and 86.6% in Suriname, ranking 127/185 and 37/185, respectively.

Belarus
Government spending

Government debt
Suriname
Government spending

Government debt
Year % of GDP
Belarus Suriname
Government spending Government debt Government spending Government debt
1990 - - 22.7% 72.9%
1991 - - 26.6% 75.7%
1992 - - 24.4% 64.4%
1993 - - 21.2% 51.1%
1994 - - 19.8% 30.5%
1995 - - 20.2% 16.3%
1996 - - 21.4% 11.8%
1997 - - 21.1% 16.8%
1998 - - 30.3% 21.6%
1999 - - 19.6% 32.3%
2000 - - 24.4% 48.4%
2001 42.4% - 21.8% 37.2%
2002 43.8% - 22.2% 37.4%
2003 43.5% - 19.2% 31.5%
2004 44% 9.22% 20.8% 29.4%
2005 45% 8.12% 22.2% 27.1%
2006 47.2% 12.3% 22.2% 22.5%
2007 49.2% 15.8% 22.6% 16.4%
2008 60% 20.3% 20.5% 14.8%
2009 51.7% 32.5% 24% 14.6%
2010 44.3% 36.8% 21% 17.3%
2011 40.3% 58.2% 21% 18.7%
2012 38.9% 36.9% 26.7% 20.1%
2013 40.8% 36.9% 26.9% 27.9%
2014 38.8% 38.8% 27.2% 25.2%
2015 41.8% 53% 29.1% 41.2%
2016 40.7% 53.5% 27.1% 75.4%
2017 39% 53.2% 27.2% 73%
2018 37.8% 47.5% 26.2% 68.6%
2019 37.4% 41% 40.5% 84%
2020 38% 47.5% 30.2% 146.4%
2021 36.7% 41.2% 32.1% 115.8%
2022 38% 40.8% 29.5% 116.9%
2023 40.3% 40.7% 29% 98.2%
2024 41% 44.4% 29.2% 87.2%
2025 41.3% 42.9% 29.2% 86.6%

Government deficit by year

In 2024, Belarus' government surplus, the difference between spending and revenue, was $567M, equivalent to 0.75% of GDP. This compares to Suriname's deficit of -$115M, or -2.43% of GDP.

Over the past 24 years, Belarus recorded a fiscal deficit in 18 of those years, while Suriname ran a deficit in 18 years. On average, Belarus posted an annual deficit equal to -3.34% of GDP, compared to deficit of -3.18% of GDP for Suriname.

Deficit/surplus
Belarus

Suriname
Year Deficit/surplus, % of GDP
Belarus Suriname
1990 - -3.04%
1991 - -9.8%
1992 - -6.45%
1993 - -4.68%
1994 - -1.89%
1995 - 1.17%
1996 - 3.42%
1997 - -0.32%
1998 - -6.39%
1999 - -4.92%
2000 - -7.76%
2001 -4.74% 3.49%
2002 -7.81% -3.3%
2003 -6.74% -0.11%
2004 -7.06% -1.2%
2005 -6.71% -3.39%
2006 -7.71% 0.59%
2007 -7.82% 5.01%
2008 -10.9% 2.39%
2009 -7.23% 2.03%
2010 -4.19% -0.15%
2011 -2.81% 2.32%
2012 0.36% -1.97%
2013 -0.98% -3.33%
2014 0.09% -4.69%
2015 -2.96% -7.55%
2016 -1.66% -9.34%
2017 -0.34% -7.08%
2018 1.8% -5.25%
2019 0.91% -20.2%
2020 -2.87% -12%
2021 -0.22% -5.69%
2022 -2.04% -2.69%
2023 0.71% -1.68%
2024 0.75% -2.43%
2025 0.24% -1.18%

Inflation comparison by year

Over the past 29 years, Belarus has recorded an average annual inflation rate of 37.7%, compared with 23.9% in Suriname. In 2024, inflation was 7% in Belarus and 16.2% in Suriname.

Inflation
Belarus

Suriname
Year Inflation
Belarus Suriname Belarus Suriname
1996 52.7% -0.7%
1997 63.8% 7.15%
1998 73% 19%
1999 293.7% 98.8%
2000 168.6% 59.4%
2001 61.1% 38.6%
2002 42.6% 15.5%
2003 28.4% 23%
2004 18.1% 9.99%
2005 10.3% 9.9%
2006 7% 11.3%
2007 8.4% 6.43%
2008 14.8% 14.7%
2009 13% -0.13%
2010 7.7% 6.94%
2011 53.2% 17.7%
2012 59.2% 5.01%
2013 18.3% 1.92%
2014 18.1% 3.38%
2015 13.5% 6.89%
2016 11.8% 55.4%
2017 6% 22%
2018 4.9% -
2019 5.6% -
2020 5.5% 34.9%
2021 9.5% 59.1%
2022 15.2% 52.4%
2023 5% 51.6%
2024 5.7% 16.2%
2025 7% -

Top exports between countries

Belarus
Export category Export value
Transport & tourism services $53K
Raw materials & minerals $35K
Suriname
Export category Export value

Balance of trade

Belarus Suriname
Current account balance
-$1.94B
2024
$9.31M
2024
Current account balance ranking
141/189
2024
72/189
2024
Current account balance, % of GDP
-2.56%
2024
+0.2%
2024
Goods imports
$44.2B
2024
$1.65B
2024
Goods exports
$39.5B
2024
$2.58B
2024
Service imports
$6.82B
2024
$921M
2024
Service exports
$10.1B
2024
$211M
2024
Imports of goods and services, % of GDP
66.9%
2024
38.4%
2010
Exports of goods and services, % of GDP
65.1%
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.

Belarus Suriname
Economic freedom 48.9 50.9
Economic freedom ranking 168/197 161/197
Property rights 20.9 42.1
Government integrity 28.8 39.7
Judicial effectiveness 10.5 43.1
Tax burden 89.3 69.1
Government spending 55.6 74
Fiscal health 96.2 66.1
Business freedom 50.9 57.6
Labor freedom 48 69
Monetary freedom 67.2 44.1
Trade freedom 69.2 65.4
Investment freedom 30 20
Financial freedom 20 20

Economic freedom by year comparison

The Economic Freedom Index for Belarus is 48.9, ranking 168/197, compared to 50.9 for Suriname, ranking 161/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Belarus
Suriname
Year Economic freedom index
Belarus Suriname
1995 40.4 -
1996 38.7 36.7
1997 39.8 35.9
1998 38 39.9
1999 35.4 40.1
2000 41.3 45.8
2001 38 44.3
2002 39 48
2003 39.7 46.9
2004 43.1 47.9
2005 46.7 51.9
2006 47.5 55.1
2007 47 54.8
2008 45.3 54.3
2009 45 54.1
2010 48.7 52.5
2011 47.9 53.1
2012 49 52.6
2013 48 52
2014 50.1 54.2
2015 49.8 54.2
2016 48.8 53.8
2017 58.6 48
2018 58.1 48.1
2019 57.9 48.1
2020 61.7 49.5
2021 61 46.4
2022 53 48.1
2023 51 46.1
2024 48.4 46.7
2025 48.9 50.9

More economic indicators

Belarus Suriname
Services, % of GDP
49.7%
2024
48.3%
2023
Industry, % of GDP
30.7%
2024
39.9%
2023
Agriculture, forestry, and fishing, % of GDP
6.87%
2024
7.47%
2023
GNI, Atlas method
$75.2B
2024
$3.72B
2024
GNI per capita, PPP
$32,220
2024
$20,350
2024
Total reserves including gold
$8.91B
2024
$1.63B
2024
Total reserves ranking
82/177
2024
132/177
2024
Net foreign direct investment
-$1.57B
2024
$26.5M
2024
Net inflows of foreign direct investment
$1.74B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$170M
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
11.3%
2023
20.6%
2023
Poverty at national poverty lines
3.9%
2022
70%
2020
Gross capital formation, % of GDP
25.8%
2024
36.2%
2010

GDP per capita map

GDP per capita

Compare countries by 7 more topics

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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.