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Economy of Dominican Republic vs Suriname compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $4.42B for Suriname, ranking 63/197 and 164/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Dominican Republic vs Suriname GDP by year

Dominican Republic
Suriname
1x
Year GDP, current $
Dominican Republic Suriname
2024 $124,282,245,639 $4,416,775,112
2023 $120,456,239,154 $3,472,693,412
2022 $113,478,087,135 $3,791,603,200
2021 $94,850,719,517 $3,107,923,198
2020 $78,546,672,407 $2,911,807,496
2019 $89,146,130,745 $4,016,040,575
2018 $84,994,732,049 $3,996,198,867
2017 $79,070,274,743 $3,591,679,431
2016 $75,552,902,636 $3,317,421,648
2015 $70,966,782,572 $5,126,237,646
2014 $67,014,329,100 $5,240,606,061
2013 $62,555,417,415 $5,145,757,576
2012 $60,561,635,556 $4,980,000,000
2011 $57,948,261,616 $4,422,276,622
2010 $53,801,053,353 $4,368,370,998
2009 $48,223,781,477 $3,875,409,836
2008 $48,091,433,554 $3,532,969,035
2007 $43,965,458,509 $2,936,612,022
2006 $37,879,830,084 $2,626,380,435
2005 $35,777,560,684 $1,793,410,397
2004 $22,322,387,382 $1,484,092,538
2003 $21,403,167,848 $1,274,190,311
2002 $27,137,440,786 $1,093,574,468
2001 $25,601,823,688 $834,279,358
2000 $24,305,780,629 $947,671,970
1999 $22,136,579,397 $886,290,698
1998 $21,672,215,547 $1,110,850,000
1997 $20,017,450,041 $926,422,500
1996 $18,241,622,548 $861,372,806
1995 $16,637,370,839 $691,590,498
1994 $14,644,734,599 $605,492,537
1993 $13,081,042,400 $428,764,706
1992 $11,605,382,504 $404,600,000
1991 $9,824,483,340 $448,100,000
1990 $7,073,675,545 $388,400,000
1989 $6,686,593,060 $542,600,000
1988 $5,374,299,981 $1,161,000,000
1987 $5,827,050,753 $980,000,000
1986 $6,122,128,558 $891,000,000
1985 $5,044,579,979 $873,000,000
1984 $11,594,000,000 $864,000,000
1983 $9,220,600,000 $883,500,000
1982 $8,267,400,000 $915,000,000
1981 $7,561,300,000 $889,000,000
1980 $6,761,300,000 $795,000,000
1979 $5,498,800,000 $782,500,000
1978 $4,734,400,000 $735,500,000
1977 $4,587,100,000 $641,500,000
1976 $3,951,500,000 $505,500,000
1975 $3,599,200,000 $465,500,000
1974 $2,925,700,000 $409,850,000
1973 $2,344,800,000 $339,450,000
1972 $1,987,400,000 $311,950,000
1971 $1,666,500,000 $301,000,000
1970 $1,485,500,000 $274,900,000
1969 $1,230,500,000 $259,650,000
1968 $1,079,100,000 $241,350,000
1967 $1,034,800,000 $220,700,000
1966 $983,900,000 $190,350,000
1965 $888,100,000 $154,150,000
1964 $1,025,599,900 $134,400,000
1963 $940,799,900 $125,950,000
1962 $824,100,000 $116,150,000
1961 $654,100,200 $107,700,000
1960 $672,399,700 $99,650,000

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

GeoRank.org/economy/dominican-republic/suriname | CC BY

GDP per capita in Dominican Republic vs Suriname by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 $6,962 $21,801
2023 $10,630 $25,840 $5,522 $21,110
2022 $10,104 $24,626 $6,084 $20,079
2021 $8,527 $22,053 $5,030 $18,458
2020 $7,135 $18,998 $4,755 $16,947
2019 $8,183 $19,767 $6,630 $19,772
2018 $7,883 $17,995 $6,666 $17,855
2017 $7,413 $16,846 $6,050 $17,568
2016 $7,160 $16,282 $5,644 $14,475
2015 $6,801 $14,804 $8,814 $16,544
2014 $6,496 $13,465 $9,108 $16,598
2013 $6,137 $12,414 $9,043 $16,173
2012 $6,014 $11,777 $8,851 $15,185
2011 $5,827 $11,695 $7,950 $13,926
2010 $5,479 $11,246 $7,944 $13,039
2009 $4,974 $10,382 $7,130 $12,393
2008 $5,024 $10,346 $6,576 $12,097
2007 $4,650 $9,951 $5,530 $11,530
2006 $4,055 $9,130 $5,003 $10,803
2005 $3,878 $8,215 $3,453 $10,014
2004 $2,452 $7,375 $2,888 $9,389
2003 $2,383 $7,098 $2,516 $8,552
2002 $3,066 $7,158 $2,202 $8,046
2001 $2,936 $6,848 $1,715 $7,865
2000 $2,831 $6,639 $1,988 $7,535
1999 $2,621 $6,305 $1,898 $7,367
1998 $2,608 $5,963 $2,429 $7,521
1997 $2,449 $5,618 $2,068 $7,422
1996 $2,271 $5,161 $1,963 $7,048
1995 $2,109 $4,871 $1,610 $7,000
1994 $1,892 $4,599 $1,434 $6,973
1993 $1,722 $4,474 $1,022 $6,650
1992 $1,558 $4,151 $969 $6,992
1991 $1,346 $3,722 $1,080 $6,852
1990 $989 $3,641 $942 $6,493
1989 $955 - $1,329 -
1988 $784 - $2,886 -
1987 $868 - $2,469 -
1986 $932 - $2,271 -
1985 $784 - $2,256 -
1984 $1,844 - $2,261 -
1983 $1,500 - $2,333 -
1982 $1,376 - $2,430 -
1981 $1,288 - $2,368 -
1980 $1,180 - $2,118 -
1979 $984 - $2,072 -
1978 $868 - $1,928 -
1977 $863 - $1,666 -
1976 $763 - $1,302 -
1975 $713 - $1,190 -
1974 $595 - $1,041 -
1973 $490 - $858 -
1972 $427 - $785 -
1971 $368 - $768 -
1970 $338 - $724 -
1969 $287.7 - $708 -
1968 $259.6 - $681 -
1967 $256.2 - $644 -
1966 $250.9 - $575 -
1965 $233.2 - $482 -
1964 $277.3 - $435 -
1963 $262.2 - $424 -
1962 $236.8 - $409 -
1961 $193.9 - $395 -
1960 $205.7 - $378 -

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

GeoRank.org/economy/dominican-republic/suriname | CC BY

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Suriname ranks 89th at $21,801.

Economic indicators

Dominican Republic Suriname
Gross domestic product
$124B
2024
$4.42B
2024
GDP rank
63/197
2024
164/197
2024
GDP growth
4.95%
2023-2024
1.72%
2023-2024
GDP per capita
$10,876
2024
$6,962
2024
GDP per capita rank
83/197
2024
102/197
2024
GDP per capita, PPP
$27,542
2024
$21,801
2024
GDP per capita PPP rank
76/197
2024
89/197
2024
Government debt
$73.1B
2024
$3.86B
2024
Debt-to-GDP ratio
58.8%
2024
87.3%
2024
Government debt per person
$6,394
2024
$6,077
2024
Government debt per person rank
71/185
2024
74/185
2024
Average annual personal income after taxes
$6,547
2026
$3,263
2026
Income share by richest 10%
29.5%
2024
30.1%
2022
Income share by poorest 10%
2.3%
2024
2.2%
2022
Government expenditure, % of GDP
19.5%
2024
29.2%
2024
Consumer prices inflation
3.3%
2023-2024
16.2%
2023-2024
Central bank interest rate
5.5%
2025
10%
2013
Unemployment rate
5.31%
2024
7.92%
2016
Population
11637906
646767

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Dominican Republic Suriname
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 29.2% 87.3%
2023 19.1% 60.5% 29% 98.2%
2022 18.5% 59.6% 29.5% 116.9%
2021 18.4% 62.8% 32% 115.8%
2020 22.2% 71.8% 30.2% 146.4%
2019 17.8% 53.5% 40.5% 84%
2018 16.5% 50.8% 29.5% 68.6%
2017 17.3% 49.5% 28.7% 73%
2016 17% 46.7% 27.9% 75.4%
2015 16.7% 44.8% 29.9% 41.2%
2014 17% 45% 25.2% 25.2%
2013 18.5% 46.8% 26.2% 27.9%
2012 19.8% 42.4% 25.1% 20.1%
2011 16% 39.1% 21% 18.7%
2010 16.1% 37.4% 21% 17.3%
2009 16.2% 36.8% 24% 14.6%
2008 18.5% 33.6% 20.5% 14.8%
2007 16.3% 32.9% 22.6% 16.4%
2006 17% 36% 22.2% 22.5%
2005 15.5% 38.3% 22.2% 27.1%
2004 17.3% 34.3% 20.8% 29.4%
2003 17.2% 48.2% 19.2% 31.5%
2002 16.5% 21.5% 22.2% 37.4%
2001 14.9% 20.4% 21.8% 37.2%
2000 14.1% 16.7% 24.4% 48.4%
1999 13.4% 16% 19.6% 32.3%
1998 12.6% 13.2% 30.3% 21.6%
1997 13.2% 13.8% 21.1% 16.8%
1996 11.4% 23% 21.4% 11.8%
1995 11% 25.7% 20.2% 16.3%
1994 12.1% 28.5% 19.8% 30.5%
1993 13% 36.1% 21.2% 51.1%
1992 10.4% 38.5% 24.4% 64.4%
1991 8.65% 47.3% 26.6% 75.7%
1990 9.1% 84.7% 22.7% 72.9%
1989 11.3% 62.5% - -
1988 12.8% 77% - -
1987 11.2% 86.9% - -
1986 10.4% 63.8% - -
1985 9.8% 66.3% - -
1984 9.32% 28.9% - -
1983 10.2% 32.9% - -
1982 10.2% 33.1% - -
1981 12.1% 29.8% - -
1980 12.8% 15.2% - -
1979 13.8% 24% - -
1978 12.3% 20.9% - -
1977 11.4% 16.4% - -
1976 12.5% 15.6% - -
1975 13.7% 13.1% - -
1974 14.6% 14.6% - -
1973 13.7% 14.6% - -
1972 14.1% 16.4% - -
1971 13.8% 17.8% - -
1970 13.3% 18% - -
1969 15.5% 17.4% - -
1968 15.5% 18.1% - -
1967 15% 16.2% - -
1966 15.2% 14.5% - -
1965 12.8% - - -
1964 16.7% - - -
1963 15.1% - - -
1962 15.7% - - -
1961 20% - - -
1960 20.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/suriname | CC BY

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 87.3% in Suriname, ranking 83/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Suriname
1x
Year Deficit/surplus, % of GDP
Dominican Republic Suriname
2024 -3.09% -2.42%
2023 -3.28% -1.68%
2022 -3.25% -2.69%
2021 -2.92% -5.66%
2020 -7.94% -12%
2019 -3.46% -20.2%
2018 -2.17% -8.56%
2017 -3.12% -8.62%
2016 -3.11% -10.2%
2015 -0.03% -8.29%
2014 -2.76% -2.65%
2013 -4.41% -2.64%
2012 -6.26% -0.38%
2011 -3.07% 2.32%
2010 -2.97% -0.15%
2009 -2.9% 2.03%
2008 -3.43% 2.39%
2007 0.28% 5.01%
2006 -1.69% 0.59%
2005 -0.71% -3.39%
2004 -3.6% -1.2%
2003 -4.24% -0.11%
2002 -2.28% -3.3%
2001 -0.73% 3.49%
2000 -0.86% -7.76%
1999 -0.79% -4.92%
1998 -0.29% -6.39%
1997 -0.64% -0.32%
1996 0.14% 3.42%
1995 0.82% 1.17%
1994 -0.39% -1.89%
1993 -0.16% -4.68%
1992 2.35% -6.45%
1991 0.11% -9.8%
1990 0.39% -3.04%
1989 -0.09% -
1988 -1.68% -
1987 -0.75% -
1986 -0.57% -
1985 -1.27% -
1984 -0.95% -
1983 -1.74% -
1982 -2.4% -
1981 -1.92% -
1980 -1.82% -
1979 -3.26% -
1978 -0.82% -
1977 0.15% -
1976 -0.22% -
1975 1.37% -
1974 -0.93% -
1973 -0.53% -
1972 -1.73% -
1971 -0.85% -
1970 -0.68% -
1969 -0.99% -
1968 -0.99% -
1967 -1.68% -
1966 -2.14% -
1965 -1.84% -
1964 -1.36% -
1963 -0.39% -
1962 -1.17% -
1961 -3% -
1960 -0.61% -
1959 -0.29% -
1958 -1.29% -
1957 0.21% -
1956 -0.05% -
1955 1.47% -
1954 1.43% -
1953 2.79% -
1952 0% -
1951 -2.58% -
1950 -3.66% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/suriname | CC BY

In 2024, the Dominican Republic's government deficit, the difference between spending and revenue, was $3.84B, equivalent to 3.09% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, the Dominican Republic recorded a fiscal deficit in 29 of those years, while Suriname ran a deficit in 27 years. On average, the Dominican Republic posted an annual deficit equal to 2.01% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Dominican Republic

Suriname
1x
Year Consumer prices inflation
Dominican Republic Suriname
2024 3.3% 16.2%
2023 4.79% 51.6%
2022 8.81% 52.4%
2021 8.24% 59.1%
2020 3.78% 34.9%
2019 1.81% -
2018 3.56% -
2017 3.28% 22%
2016 1.61% 55.4%
2015 0.84% 6.89%
2014 3% 3.38%
2013 4.83% 1.92%
2012 3.69% 5.01%
2011 5.8% 17.7%
2010 6.33% 6.94%
2009 1.44% -0.13%
2008 10.6% 14.7%
2007 6.14% 6.43%
2006 7.57% 11.3%
2005 4.19% 9.9%
2004 51.5% 9.99%
2003 27.4% 23%
2002 5.22% 15.5%
2001 8.88% 38.6%
2000 7.72% 59.4%
1999 6.47% 98.8%
1998 4.83% 19%
1997 8.3% 7.15%

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

GeoRank.org/economy/dominican-republic/suriname | CC BY

Over the past 28 years, the Dominican Republic has recorded an average annual inflation rate of 7.64%, compared with 24.9% in Suriname. In 2024, inflation was 3.3% in the Dominican Republic and 16.2% in Suriname.

Top exports between countries

Dominican Republic
Export category Export value
Raw materials & minerals $5.61M
Processed food, beverages & tobacco $2.5M
Metals $1.83M
Chemicals & pharma $661K
Textiles & consumer goods $368K
Wood & paper products $361K
Weapons & explosives $200K
Machinery & equipment $35K
Raw agricultural goods $10K
Suriname
Export category Export value
Textiles & consumer goods $165K
Machinery & equipment $101K
Processed food, beverages & tobacco $50K
Animal & marine products $48K
Metals $28K
Wood & paper products $7K
Weapons & explosives $5K
Miscellaneous $3K

Balance of trade

Dominican Republic Suriname
Current account balance
-$4.17B
2024
$9.31M
2024
Current account balance ranking
163/190
2024
76/190
2024
Current account balance, % of GDP
-3.35%
2024
+0.21%
2024
Goods imports
$29.8B
2024
$1.65B
2024
Goods exports
$13.9B
2024
$2.58B
2024
Service imports
$6.34B
2024
$921M
2024
Service exports
$14.7B
2024
$211M
2024
Imports of goods and services, % of GDP
29%
2024
38.4%
2010
Exports of goods and services, % of GDP
22.8%
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.

Dominican Republic Suriname
Economic freedom 63.8 53
Economic freedom ranking 77/197 143/197
Property rights 53.9 40.5
Government integrity 39.8 41
Judicial effectiveness 58 46.5
Tax burden 84.4 69.1
Government spending 89.1 74.3
Fiscal health 76.6 76.6
Business freedom 71.4 56.9
Labor freedom 53.2 69
Monetary freedom 72.1 56.4
Trade freedom 67.4 65.2
Investment freedom 60 20
Financial freedom 40 20

Economic freedom comparison by year

Dominican Republic
Suriname
1x
Year Economic freedom index
Dominican Republic Suriname
2026 63.8 53
2025 64.3 50.9
2024 62.9 46.7
2023 62.6 46.1
2022 63 48.1
2021 62.1 46.4
2020 60.9 49.5
2019 61 48.1
2018 61.6 48.1
2017 62.9 48
2016 61 53.8
2015 61 54.2
2014 61.3 54.2
2013 59.7 52
2012 60.2 52.6
2011 60 53.1
2010 60.3 52.5
2009 59.2 54.1
2008 57.7 54.3
2007 56.8 54.8
2006 56.3 55.1
2005 55.1 51.9
2004 54.6 47.9
2003 57.8 46.9
2002 58.6 48
2001 59.1 44.3
2000 59 45.8
1999 58.1 40.1
1998 58.1 39.9
1997 53.5 35.9
1996 58.1 36.7
1995 55.8 -

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

GeoRank.org/economy/dominican-republic/suriname | CC BY

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Suriname
Services, % of GDP
59.8%
2024
50.8%
2024
Industry, % of GDP
28.7%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
6.77%
2024
GNI, Atlas method
$117B
2024
$3.61B
2024
GNI per capita, PPP
$26,050
2024
$20,000
2024
Total reserves including gold
$13.5B
2024
$1.63B
2024
Total reserves ranking
71/177
2024
132/177
2024
Net foreign direct investment
-$4.52B
2024
$26.5M
2024
Net inflows of foreign direct investment
$4.48B
2024
-$37.6M
2024
Net outflows of foreign direct investment
-$47.3M
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
20.5%
2023
Poverty at national poverty lines
19%
2024
70%
2020
Gross capital formation, % of GDP
27%
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/dominican-republic/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. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2021–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.