Skip to content

Economy of Grenada vs Suriname compared: GDP & Debt

Updated on by Georank

Grenada has a GDP of $1.42B compared to $4.52B for Suriname, ranking 184/197 and 165/197 by economy size, respectively.

Grenada has $1.02B in government debt (71.6% of GDP), compared to $4.79B (105.8% of GDP) in Suriname.

Grenada vs Suriname GDP by year

Grenada
Suriname
1x
Year GDP, current $
Grenada Suriname
2025 $1,420,173,229 $4,523,657,797
2024 $1,351,270,370 $4,416,775,113
2023 $1,336,418,519 $3,472,693,412
2022 $1,224,007,407 $3,791,603,200
2021 $1,122,222,222 $3,107,923,198
2020 $1,043,411,111 $2,911,807,496
2019 $1,213,485,185 $4,016,040,575
2018 $1,166,514,815 $3,996,198,867
2017 $1,125,685,185 $3,591,679,431
2016 $1,061,640,741 $3,317,421,648
2015 $997,007,407 $5,126,237,646
2014 $911,496,296 $5,240,606,061
2013 $842,618,519 $5,145,757,576
2012 $799,881,481 $4,980,000,000
2011 $778,655,556 $4,422,276,622
2010 $771,014,815 $4,368,370,998
2009 $771,275,556 $3,875,409,836
2008 $825,976,037 $3,532,969,035
2007 $758,683,593 $2,936,612,022
2006 $698,700,667 $2,626,380,435
2005 $695,555,556 $1,793,410,397
2004 $599,118,593 $1,484,092,538
2003 $591,018,407 $1,274,190,311
2002 $540,336,926 $1,093,574,468
2001 $520,444,185 $834,279,358
2000 $520,044,370 $947,671,970
1999 $482,009,370 $886,290,698
1998 $445,903,593 $1,110,850,000
1997 $392,190,593 $926,422,500
1996 $366,911,444 $861,372,806
1995 $342,172,519 $691,590,498
1994 $325,111,815 $605,492,537
1993 $309,812,185 $428,764,706
1992 $310,160,444 $404,600,000
1991 $300,757,889 $448,100,000
1990 $278,098,763 $388,400,000
1989 $267,327,642 $542,600,000
1988 $236,357,524 $1,161,000,000
1987 $215,009,570 $980,000,000
1986 $187,589,523 $891,000,000
1985 $167,728,455 $873,000,000
1984 $145,533,311 $864,000,000
1983 $131,803,552 $883,500,000
1982 $125,435,590 $915,000,000
1981 $115,651,919 $889,000,000
1980 $110,900,457 $795,000,000
1979 $102,244,362 $782,500,000
1978 $88,322,386 $735,500,000
1977 $71,494,495 $641,500,000
1976 - $505,500,000
1975 - $465,500,000
1974 - $409,850,000
1973 - $339,450,000
1972 - $311,950,000
1971 - $301,000,000
1970 - $274,900,000
1969 - $259,650,000
1968 - $241,350,000
1967 - $220,700,000
1966 - $190,350,000
1965 - $154,150,000
1964 - $134,400,000
1963 - $125,950,000
1962 - $116,150,000
1961 - $107,700,000
1960 - $99,650,000

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Grenada vs Suriname by year

Grenada
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Grenada Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,107 - $7,070 -
2024 $11,529 $20,178 $6,962 $21,801
2023 $11,414 $18,971 $5,522 $21,110
2022 $10,469 $17,544 $6,084 $20,079
2021 $9,617 $15,290 $5,030 $18,458
2020 $8,969 $14,361 $4,755 $16,947
2019 $10,463 $16,446 $6,630 $19,772
2018 $10,083 $15,975 $6,666 $17,855
2017 $9,751 $15,041 $6,050 $17,568
2016 $9,221 $13,978 $5,644 $14,475
2015 $8,694 $13,214 $8,814 $16,544
2014 $7,986 $12,229 $9,108 $16,598
2013 $7,425 $11,199 $9,043 $16,173
2012 $7,093 $10,575 $8,851 $15,185
2011 $6,947 $10,592 $7,950 $13,926
2010 $6,910 $10,344 $7,944 $13,039
2009 $6,933 $10,303 $7,130 $12,393
2008 $7,448 $11,001 $6,576 $12,097
2007 $6,865 $10,728 $5,530 $11,530
2006 $6,344 $9,877 $5,003 $10,803
2005 $6,339 $10,016 $3,453 $10,014
2004 $5,480 $8,606 $2,888 $9,389
2003 $5,428 $8,469 $2,516 $8,552
2002 $4,984 $7,621 $2,202 $8,046
2001 $4,820 $7,283 $1,715 $7,865
2000 $4,840 $7,306 $1,988 $7,535
1999 $4,516 $6,857 $1,898 $7,367
1998 $4,206 $6,368 $2,429 $7,521
1997 $3,725 $5,673 $2,068 $7,422
1996 $3,508 $5,347 $1,963 $7,048
1995 $3,294 $5,062 $1,610 $7,000
1994 $3,152 $4,889 $1,434 $6,973
1993 $3,026 $4,742 $1,022 $6,650
1992 $3,053 $4,761 $969 $6,992
1991 $2,984 $4,733 $1,080 $6,852
1990 $2,782 $4,553 $942 $6,493
1989 $2,697 - $1,329 -
1988 $2,404 - $2,886 -
1987 $2,205 - $2,469 -
1986 $1,938 - $2,271 -
1985 $1,745 - $2,256 -
1984 $1,524 - $2,261 -
1983 $1,388 - $2,333 -
1982 $1,329 - $2,430 -
1981 $1,230 - $2,368 -
1980 $1,173 - $2,118 -
1979 $1,071 - $2,072 -
1978 $917 - $1,928 -
1977 $737 - $1,666 -
1976 - - $1,302 -
1975 - - $1,190 -
1974 - - $1,041 -
1973 - - $858 -
1972 - - $785 -
1971 - - $768 -
1970 - - $724 -
1969 - - $708 -
1968 - - $681 -
1967 - - $644 -
1966 - - $575 -
1965 - - $482 -
1964 - - $435 -
1963 - - $424 -
1962 - - $409 -
1961 - - $395 -
1960 - - $378 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Grenada's GDP per capita is $12,107, ranking 82/197, compared to $7,070 in Suriname, ranking 104/197. Adjusted for purchasing power (GDP per capita PPP), Grenada ranks 96th at $20,178, while Suriname ranks 89th at $21,801.

Economic indicators

Grenada Suriname
Gross domestic product
$1.42B
2025
$4.52B
2025
GDP rank
184/197
2025
165/197
2025
GDP growth
4.41%
2024-2025
1.79%
2024-2025
GDP per capita
$12,107
2025
$7,070
2025
GDP per capita rank
82/197
2025
104/197
2025
GDP per capita, PPP
$20,178
2024
$21,801
2024
GDP per capita PPP rank
96/197
2024
89/197
2024
Government debt
$1.02B
2025
$4.79B
2025
Debt-to-GDP ratio
71.6%
2025
105.8%
2025
Government debt per person
$8,671
2025
$7,483
2025
Government debt per person rank
65/185
2025
69/185
2025
Average annual personal income after taxes
$11,184
2026
$3,363
2026
Income share by richest 10%
33.7%
2018
30.1%
2022
Income share by poorest 10%
2.1%
2018
2.2%
2022
Government expenditure, % of GDP
39.1%
2025
37.3%
2025
Consumer prices inflation
0.61%
2024-2025
9.21%
2024-2025
Central bank interest rate n/a
10%
2013
Unemployment rate
6.34%
2023
7.92%
2016
Population
117405
648096

Spending and national debt comparison by year

Grenada
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Grenada Suriname
Government spending Government debt Government spending Government debt
2025 39.1% 71.6% 37.3% 105.8%
2024 38.3% 75.1% 29.3% 88%
2023 28.7% 74.5% 28.9% 97.7%
2022 32% 79.3% 28.2% 111.7%
2021 31.3% 86.6% 32% 115.8%
2020 32.7% 89.5% 30.2% 146.4%
2019 21.6% 62.7% 40.5% 84%
2018 22.1% 68.5% 29.5% 68.6%
2017 22.6% 70.3% 28.7% 73%
2016 23.5% 81.6% 27.9% 75.4%
2015 25.3% 90.1% 29.9% 41.2%
2014 28.7% 99.3% 25.2% 25.2%
2013 28.1% 105.4% 26.2% 27.9%
2012 26.2% 101.5% 25.1% 20.1%
2011 28.3% 102.8% 21% 18.7%
2010 28% 96.2% 21% 17.3%
2009 27.2% 91.1% 24% 14.6%
2008 27.9% 83.9% 20.5% 14.8%
2007 27.7% 89.1% 22.6% 16.4%
2006 32.4% 92.9% 22.2% 22.5%
2005 26.6% 87.3% 22.2% 27.1%
2004 24.7% 94.7% 20.8% 29.4%
2003 28.7% 79.6% 19.2% 31.5%
2002 35.7% 79.1% 22.2% 37.4%
2001 29.6% 44.6% 21.8% 37.2%
2000 25.6% 41.6% 24.4% 48.4%
1999 23.7% 34.5% 19.6% 32.3%
1998 25.3% 40.3% 30.3% 21.6%
1997 26.6% 41.4% 21.1% 16.8%
1996 26.3% 43.9% 21.4% 11.8%
1995 23.2% 43.1% 20.2% 16.3%
1994 24.7% 45.7% 19.8% 30.5%
1993 23.1% 45.3% 21.2% 51.1%
1992 21.8% 40.1% 24.4% 64.4%
1991 26.8% 42% 26.6% 75.7%
1990 29% 46.2% 22.7% 72.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-07-08).

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

In 2025, Grenada's government spending was $556M, accounting for 39.1% of its GDP, while Suriname spent $1.69B, or 37.3% of GDP.

Debt-to-GDP ratio is 71.6% in Grenada and 105.8% in Suriname, ranking 54/185 and 18/185, respectively.

Government deficit by year

Deficit/surplus
Grenada

Suriname
1x
Year Deficit/surplus, % of GDP
Grenada Suriname
2025 -5.01% -9.61%
2024 6.88% -3.36%
2023 7.94% -1.67%
2022 0.93% -2.57%
2021 0.33% -5.66%
2020 -4.55% -12%
2019 4.96% -20.2%
2018 4.92% -8.56%
2017 3.02% -8.62%
2016 2.69% -10.2%
2015 -0.8% -8.29%
2014 -4.2% -2.65%
2013 -7.25% -2.64%
2012 -5.44% -0.38%
2011 -4.86% 2.32%
2010 -4.07% -0.15%
2009 -4.4% 2.03%
2008 -3.72% 2.39%
2007 -5.91% 5.01%
2006 -5.23% 0.59%
2005 0.9% -3.39%
2004 -0.57% -1.2%
2003 -2.81% -0.11%
2002 -13.9% -3.3%
2001 -6.05% 3.49%
2000 -2.07% -7.76%
1999 -1.7% -4.92%
1998 -2.39% -6.39%
1997 -4.94% -0.32%
1996 -3.02% 3.42%
1995 -0.46% 1.17%
1994 -2.85% -1.89%
1993 -0.16% -4.68%
1992 -1.46% -6.45%
1991 -4.34% -9.8%
1990 -7.78% -3.04%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Grenada's government deficit, the difference between spending and revenue, was $71.1M, equivalent to 5.01% of GDP. This compares to Suriname's deficit of $435M, or 9.61% of GDP.

Over the past 36 years, Grenada recorded a fiscal deficit in 27 of those years, while Suriname ran a deficit in 28 years. On average, Grenada posted an annual deficit equal to 2.15% of GDP, compared to deficit of 3.59% of GDP for Suriname.

Inflation comparison by year

Inflation
Grenada

Suriname
1x
Year Consumer prices inflation
Grenada Suriname
2025 0.61% 9.21%
2024 1.09% 16.2%
2023 2.7% 51.6%
2022 2.58% 52.4%
2021 1.22% 59.1%
2020 -0.74% 34.9%
2019 0.6% -
2018 0.8% -
2017 0.91% 22%
2016 1.65% 55.4%
2015 -0.52% 6.89%
2014 -0.98% 3.38%
2013 -0.04% 1.92%
2012 2.41% 5.01%
2011 3.03% 17.7%
2010 3.44% 6.94%
2009 -0.31% -0.13%
2008 8.03% 14.7%
2007 3.86% 6.43%
2006 4.25% 11.3%
2005 3.48% 9.9%
2004 2.31% 9.99%
2003 2.15% 23%
2002 1.07% 15.5%
2001 3.14% 38.6%
2000 2.18% 59.4%
1999 0.58% 98.8%
1998 1.38% 19%
1997 1.24% 7.15%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Grenada has recorded an average annual inflation rate of 1.8%, compared with 24.3% in Suriname. In 2025, inflation was 0.61% in Grenada and 9.21% in Suriname.

Top exports between countries

Grenada
Export category Export value
Chemicals & pharma $44K
Wood & paper products $26K
Suriname
Export category Export value
Processed food, beverages & tobacco $256K
Raw materials & minerals $135K
Chemicals & pharma $75K
Textiles & consumer goods $57K
Machinery & equipment $22K

Balance of trade

Grenada Suriname
Current account balance
-$328M
2025
-$2.48B
2025
Current account balance ranking
97/190
2025
146/190
2025
Current account balance, % of GDP
-23.1%
2025
-54.9%
2025
Goods imports
$612M
2025
$1.91B
2025
Goods exports
$67.4M
2025
$2.97B
2025
Service imports
$397M
2025
$3.59B
2025
Service exports
$756M
2025
$218M
2025
Imports of goods and services, % of GDP n/a
38.4%
2010
Exports of goods and services, % of GDP
16%
2026
52.5%
2010

Economic freedom indices

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

Grenada Suriname
Economic freedom 63 53
Economic freedom ranking 84/197 143/197
Property rights n/a 40.5
Government integrity n/a 41
Judicial effectiveness n/a 46.5
Tax burden n/a 69.1
Government spending n/a 74.3
Fiscal health n/a 76.6
Business freedom n/a 56.9
Labor freedom n/a 69
Monetary freedom n/a 56.4
Trade freedom n/a 65.2
Investment freedom n/a 20
Financial freedom n/a 20

Other economic metrics

Grenada Suriname
Services, % of GDP
64.9%
2025
50.8%
2024
Industry, % of GDP
15.5%
2025
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.54%
2025
6.77%
2024
GNI, Atlas method
$1.37B
2025
$3.93B
2025
GNI per capita, PPP
$20,170
2025
$21,000
2025
Total reserves including gold
$408M
2025
$1.62B
2025
Total reserves ranking
164/177
2025
132/177
2025
Net foreign direct investment
-$174M
2025
-$2.04B
2025
Net inflows of foreign direct investment
$164M
2024
$666M
2024
Net outflows of foreign direct investment
-$4.02M
2024
-$9.05M
2024
Servicing debt to the IMF, % of GNI
3.4%
2024
20.5%
2023
Poverty at national poverty lines
38%
2020
70%
2020
Gross capital formation, % of GDP n/a
36.2%
2010

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. TradeMap (2021–2024, retrieved 2026-07-08)
  6. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. International Monetary Fund (IMF) | Public Finances in Modern History (1990, retrieved 2026-07-08)

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.