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Economy of Indonesia vs Suriname compared: GDP & Debt

Updated on by Georank team

Indonesia has a GDP of $1.4T compared to $4.42B for Suriname, ranking 16/197 and 164/197 by economy size, respectively.

Indonesia has $561B in government debt (40.2% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Indonesia vs Suriname GDP by year

Indonesia
Suriname
1x
Year GDP, current $
Indonesia Suriname
2024 $1,396,300,098,191 $4,416,775,112
2023 $1,371,169,301,564 $3,472,693,412
2022 $1,319,101,183,380 $3,791,603,200
2021 $1,186,509,691,087 $3,107,923,198
2020 $1,059,054,842,698 $2,911,807,496
2019 $1,119,099,871,350 $4,016,040,575
2018 $1,042,271,532,989 $3,996,198,867
2017 $1,015,618,744,160 $3,591,679,431
2016 $931,877,364,038 $3,317,421,648
2015 $860,854,232,686 $5,126,237,646
2014 $890,814,755,534 $5,240,606,061
2013 $912,524,136,718 $5,145,757,576
2012 $917,869,913,333 $4,980,000,000
2011 $892,969,104,563 $4,422,276,622
2010 $755,094,157,622 $4,368,370,998
2009 $539,580,085,612 $3,875,409,836
2008 $510,228,634,992 $3,532,969,035
2007 $432,216,737,775 $2,936,612,022
2006 $364,570,515,618 $2,626,380,435
2005 $285,868,619,196 $1,793,410,397
2004 $256,836,875,295 $1,484,092,538
2003 $234,772,463,824 $1,274,190,311
2002 $195,660,611,165 $1,093,574,468
2001 $160,446,947,785 $834,279,358
2000 $165,021,012,078 $947,671,970
1999 $140,001,351,215 $886,290,698
1998 $95,445,547,873 $1,110,850,000
1997 $215,748,998,610 $926,422,500
1996 $227,369,679,375 $861,372,806
1995 $202,132,028,723 $691,590,498
1994 $176,892,143,932 $605,492,537
1993 $158,006,700,302 $428,764,706
1992 $128,026,966,580 $404,600,000
1991 $116,621,996,217 $448,100,000
1990 $106,140,727,334 $388,400,000
1989 $94,451,427,877 $542,600,000
1988 $84,300,174,486 $1,161,000,000
1987 $75,929,617,558 $980,000,000
1986 $79,954,072,545 $891,000,000
1985 $85,289,488,375 $873,000,000
1984 $84,853,700,028 $864,000,000
1983 $81,052,283,384 $883,500,000
1982 $90,158,449,295 $915,000,000
1981 $85,518,233,419 $889,000,000
1980 $72,482,337,397 $795,000,000
1979 $51,400,186,343 $782,500,000
1978 $51,455,719,076 $735,500,000
1977 $45,808,915,663 $641,500,000
1976 $37,269,156,627 $505,500,000
1975 $30,463,855,422 $465,500,000
1974 $25,802,409,639 $409,850,000
1973 $16,273,253,012 $339,450,000
1972 $10,997,590,361 $311,950,000
1971 $9,333,536,370 $301,000,000
1970 $9,150,684,932 $274,900,000
1969 $8,337,423,313 $259,650,000
1968 $7,076,465,300 $241,350,000
1967 $5,667,756,628 $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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Indonesia vs Suriname by year

Indonesia
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Indonesia Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,925 $16,448 $6,962 $21,801
2023 $4,876 $15,416 $5,522 $21,110
2022 $4,731 $14,285 $6,084 $20,079
2021 $4,287 $12,757 $5,030 $18,458
2020 $3,854 $11,729 $4,755 $16,947
2019 $4,107 $11,986 $6,630 $19,772
2018 $3,861 $11,372 $6,666 $17,855
2017 $3,799 $10,688 $6,050 $17,568
2016 $3,521 $10,263 $5,644 $14,475
2015 $3,288 $10,028 $8,814 $16,544
2014 $3,441 $10,065 $9,108 $16,598
2013 $3,567 $9,866 $9,043 $16,173
2012 $3,632 $9,530 $8,851 $15,185
2011 $3,579 $8,937 $7,950 $13,926
2010 $3,066 $8,353 $7,944 $13,039
2009 $2,218 $7,868 $7,130 $12,393
2008 $2,125 $7,569 $6,576 $12,097
2007 $1,823 $7,096 $5,530 $11,530
2006 $1,558 $6,583 $5,003 $10,803
2005 $1,238 $6,134 $3,453 $10,014
2004 $1,127 $5,700 $2,888 $9,389
2003 $1,043 $5,353 $2,516 $8,552
2002 $881 $5,076 $2,202 $8,046
2001 $732 $4,849 $1,715 $7,865
2000 $764 $4,639 $1,988 $7,535
1999 $657 $4,386 $1,898 $7,367
1998 $455 $4,356 $2,429 $7,521
1997 $1,045 $5,037 $2,068 $7,422
1996 $1,119 $4,807 $1,963 $7,048
1995 $1,011 $4,451 $1,610 $7,000
1994 $900 $4,096 $1,434 $6,973
1993 $817 $3,793 $1,022 $6,650
1992 $674 $3,538 $969 $6,992
1991 $624 $3,305 $1,080 $6,852
1990 $578 $3,044 $942 $6,493
1989 $524 - $1,329 -
1988 $477 - $2,886 -
1987 $438 - $2,469 -
1986 $470 - $2,271 -
1985 $511 - $2,256 -
1984 $520 - $2,261 -
1983 $508 - $2,333 -
1982 $578 - $2,430 -
1981 $561 - $2,368 -
1980 $487 - $2,118 -
1979 $353 - $2,072 -
1978 $362 - $1,928 -
1977 $331 - $1,666 -
1976 $275.7 - $1,302 -
1975 $231.1 - $1,190 -
1974 $200.7 - $1,041 -
1973 $129.9 - $858 -
1972 $90.1 - $785 -
1971 $78.5 - $768 -
1970 $79.1 - $724 -
1969 $74.1 - $708 -
1968 $64.7 - $681 -
1967 $53.2 - $644 -
1966 - - $575 -
1965 - - $482 -
1964 - - $435 -
1963 - - $424 -
1962 - - $409 -
1961 - - $395 -
1960 - - $378 -

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

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

Indonesia's GDP per capita is $4,925, ranking 121/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Indonesia ranks 107th at $16,448, while Suriname ranks 89th at $21,801.

Economic indicators

Indonesia Suriname
Gross domestic product
$1.4T
2024
$4.42B
2024
GDP rank
16/197
2024
164/197
2024
GDP growth
5.03%
2023-2024
1.72%
2023-2024
GDP per capita
$4,925
2024
$6,962
2024
GDP per capita rank
121/197
2024
102/197
2024
GDP per capita, PPP
$16,448
2024
$21,801
2024
GDP per capita PPP rank
107/197
2024
89/197
2024
Government debt
$561B
2024
$3.86B
2024
Debt-to-GDP ratio
40.2%
2024
87.3%
2024
Government debt per person
$1,978
2024
$6,077
2024
Government debt per person rank
120/185
2024
74/185
2024
Average annual personal income after taxes
$3,371
2026
$3,263
2026
Market capitalization of domestic companies
$758B
2023
n/a
Number of millionaires
178,605
2025
n/a
Number of billionaires
33
2025
n/a
Income share by richest 10%
28.8%
2024
30.1%
2022
Income share by poorest 10%
3.5%
2024
2.2%
2022
Government expenditure, % of GDP
16.8%
2024
29.2%
2024
Consumer prices inflation
2.18%
2023-2024
16.2%
2023-2024
Central bank interest rate
4.75%
2025
10%
2013
Unemployment rate
3.31%
2023
7.92%
2016
Population
288551776
646767

Spending and national debt comparison by year

Indonesia
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Indonesia Suriname
Government spending Government debt Government spending Government debt
2024 16.8% 40.2% 29.2% 87.3%
2023 16.6% 39.6% 29% 98.2%
2022 17.3% 40.1% 29.5% 116.9%
2021 18.1% 41.1% 32% 115.8%
2020 18.4% 39.7% 30.2% 146.4%
2019 16.4% 30.6% 40.5% 84%
2018 16.6% 30.4% 29.5% 68.6%
2017 16.4% 29.4% 28.7% 73%
2016 16.9% 28% 27.9% 75.4%
2015 17.6% 27% 29.9% 41.2%
2014 18.4% 24.6% 25.2% 25.2%
2013 18.8% 24.9% 26.2% 27.9%
2012 18.8% 23% 25.1% 20.1%
2011 17.7% 23.1% 21% 18.7%
2010 16.9% 26.4% 21% 17.3%
2009 17% 26.5% 24% 14.6%
2008 19.4% 30.3% 20.5% 14.8%
2007 18.7% 38.1% 22.6% 16.4%
2006 18.4% 35.8% 22.2% 22.5%
2005 17.4% 42.6% 22.2% 27.1%
2004 17.8% 51.3% 20.8% 29.4%
2003 18.2% 55.6% 19.2% 31.5%
2002 16.9% 62.3% 22.2% 37.4%
2001 19.5% 73.7% 21.8% 37.2%
2000 15.3% 87.4% 24.4% 48.4%
1999 15.1% 95.9% 19.6% 32.3%
1998 15.1% 72.5% 30.3% 21.6%
1997 15.2% 26.4% 21.1% 16.8%
1996 11.5% 27.5% 21.4% 11.8%
1995 11.9% 32% 20.2% 16.3%
1994 13.5% 37% 19.8% 30.5%
1993 14.1% 40.4% 21.2% 51.1%
1992 16.8% 42.6% 24.4% 64.4%
1991 15% 39.2% 26.6% 75.7%
1990 15.8% 40.8% 22.7% 72.9%
1989 16.5% 42.5% - -
1988 17.3% 45.6% - -
1987 18% 49.7% - -
1986 20.9% 38.3% - -
1985 18.5% 28% - -
1984 16.1% 23.5% - -
1983 18.2% 23.1% - -
1982 18.8% 18.6% - -
1981 24.4% 16.4% - -
1980 22.1% 17.3% - -
1979 20.9% 22% - -
1978 20.1% 30.3% - -
1977 19.5% 27.7% - -
1976 21.8% 38.1% - -
1975 20.5% 36.7% - -
1974 17.3% 34.4% - -
1973 16.3% 43.1% - -
1972 15.7% 51.2% - -
1971 14.5% 50.5% - -
1970 13.8% 46.7% - -
1969 12.8% - - -
1968 8.82% - - -
1967 10.4% - - -
1966 9.18% - - -
1965 10.7% - - -
1964 9.55% - - -
1963 10.3% - - -
1962 7.89% - - -
1961 15.1% - - -
1960 14.4% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Indonesia's government spending was $235B, accounting for 16.8% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 40.2% in Indonesia and 87.3% in Suriname, ranking 132/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Indonesia

Suriname
1x
Year Deficit/surplus, % of GDP
Indonesia Suriname
2024 -2.3% -2.42%
2023 -1.64% -1.68%
2022 -2.31% -2.69%
2021 -4.4% -5.66%
2020 -6.07% -12%
2019 -2.09% -20.2%
2018 -1.69% -8.56%
2017 -2.26% -8.62%
2016 -2.56% -10.2%
2015 -2.72% -8.29%
2014 -1.8% -2.65%
2013 -1.96% -2.64%
2012 -1.59% -0.38%
2011 -0.7% 2.32%
2010 -1.24% -0.15%
2009 -1.64% 2.03%
2008 0.05% 2.39%
2007 -0.95% 5.01%
2006 0.45% 0.59%
2005 0.46% -3.39%
2004 -0.26% -1.2%
2003 -1.08% -0.11%
2002 -0.58% -3.3%
2001 -1.76% 3.49%
2000 -1.87% -7.76%
1999 -0.96% -4.92%
1998 -1.89% -6.39%
1997 -1.03% -0.32%
1996 0.96% 3.42%
1995 0.64% 1.17%
1994 0.005% -1.89%
1993 -0.59% -4.68%
1992 -2.95% -6.45%
1991 -0.87% -9.8%
1990 -0.55% -3.04%
1989 -1.72% -
1988 -2.68% -
1987 -0.9% -
1986 -2.94% -
1985 -0.45% -
1984 1.83% -
1983 -1% -
1982 -1.11% -
1981 -0.69% -
1980 -0.82% -
1979 -0.67% -
1978 -2.03% -
1977 -0.38% -
1976 -2.63% -
1975 -2.33% -
1974 -0.35% -
1973 -1.33% -
1972 -1.82% -
1971 -2.51% -
1970 -3.02% -
1969 -2.8% -
1968 0% -
1967 -0.35% -
1966 -5.06% -
1965 -6.62% -
1964 -5.58% -
1963 -5.24% -
1962 -3.1% -
1961 -4.57% -
1960 -1.65% -
1959 -4.06% -
1958 -6.67% -
1957 -2.92% -
1956 -1.38% -
1955 -1.6% -
1954 -3.16% -
1953 -2.33% -
1952 -3.66% -
1951 1.52% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1951–1992, retrieved 2026-02-20).

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

In 2024, Indonesia's government deficit, the difference between spending and revenue, was $32.1B, equivalent to 2.3% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Indonesia recorded a fiscal deficit in 29 of those years, while Suriname ran a deficit in 27 years. On average, Indonesia posted an annual deficit equal to 1.42% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Indonesia

Suriname
1x
Year Consumer prices inflation
Indonesia Suriname
2024 2.18% 16.2%
2023 3.67% 51.6%
2022 4.21% 52.4%
2021 1.56% 59.1%
2020 1.92% 34.9%
2019 3.03% -
2018 3.2% -
2017 3.81% 22%
2016 3.53% 55.4%
2015 6.36% 6.89%
2014 6.39% 3.38%
2013 6.41% 1.92%
2012 4.28% 5.01%
2011 5.36% 17.7%
2010 5.13% 6.94%
2009 4.39% -0.13%
2008 10.2% 14.7%
2007 6.41% 6.43%
2006 13.1% 11.3%
2005 10.5% 9.9%
2004 6.06% 9.99%
2003 6.76% 23%
2002 11.9% 15.5%
2001 11.5% 38.6%
2000 3.69% 59.4%
1999 20.5% 98.8%
1998 58.5% 19%
1997 6.23% 7.15%

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

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

Over the past 28 years, Indonesia has recorded an average annual inflation rate of 8.24%, compared with 24.9% in Suriname. In 2024, inflation was 2.18% in Indonesia and 16.2% in Suriname.

Top exports between countries

Indonesia
Export category Export value
Processed food, beverages & tobacco $1.82M
Animal & marine products $910K
Chemicals & pharma $794K
Wood & paper products $764K
Machinery & equipment $643K
Textiles & consumer goods $478K
Miscellaneous $81K
Raw materials & minerals $69K
Raw agricultural goods $61K
Metals $6K
Suriname
Export category Export value
Processed food, beverages & tobacco $227K
Chemicals & pharma $90K
Animal & marine products $31K
Wood & paper products $23K
Miscellaneous $9K
Machinery & equipment $8K
Textiles & consumer goods $5K
Raw agricultural goods $4K

Balance of trade

Indonesia Suriname
Current account balance
-$8.72B
2024
$9.31M
2024
Current account balance ranking
174/190
2024
76/190
2024
Current account balance, % of GDP
-0.62%
2024
+0.21%
2024
Goods imports
$223B
2024
$1.65B
2024
Goods exports
$263B
2024
$2.58B
2024
Service imports
$57.6B
2024
$921M
2024
Service exports
$39B
2024
$211M
2024
Imports of goods and services, % of GDP
20.4%
2024
38.4%
2010
Exports of goods and services, % of GDP
22.2%
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.

Indonesia Suriname
Economic freedom 65.1 53
Economic freedom ranking 67/197 143/197
Property rights 39.7 40.5
Government integrity 42 41
Judicial effectiveness 43.1 46.5
Tax burden 81.5 69.1
Government spending 91.4 74.3
Fiscal health 89.8 76.6
Business freedom 69.2 56.9
Labor freedom 56.8 69
Monetary freedom 79.4 56.4
Trade freedom 78.6 65.2
Investment freedom 50 20
Financial freedom 60 20

Economic freedom comparison by year

Indonesia
Suriname
1x
Year Economic freedom index
Indonesia Suriname
2026 65.1 53
2025 65.2 50.9
2024 63.5 46.7
2023 63.5 46.1
2022 64.4 48.1
2021 66.9 46.4
2020 67.2 49.5
2019 65.8 48.1
2018 64.2 48.1
2017 61.9 48
2016 59.4 53.8
2015 58.1 54.2
2014 58.5 54.2
2013 56.9 52
2012 56.4 52.6
2011 56 53.1
2010 55.5 52.5
2009 53.4 54.1
2008 53.2 54.3
2007 53.2 54.8
2006 51.9 55.1
2005 52.9 51.9
2004 52.1 47.9
2003 55.8 46.9
2002 54.8 48
2001 52.5 44.3
2000 55.2 45.8
1999 61.5 40.1
1998 63.4 39.9
1997 62 35.9
1996 61 36.7
1995 54.9 -

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

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

The Economic Freedom Index for Indonesia is 65.1, ranking 67/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Indonesia Suriname
Services, % of GDP
43.8%
2024
50.8%
2024
Industry, % of GDP
39.3%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
12.6%
2024
6.77%
2024
GNI, Atlas method
$1.39T
2024
$3.61B
2024
GNI per capita, PPP
$16,010
2024
$20,000
2024
Total reserves including gold
$156B
2024
$1.63B
2024
Total reserves ranking
20/177
2024
132/177
2024
Net foreign direct investment
-$15.9B
2024
$26.5M
2024
Net inflows of foreign direct investment
$24.2B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$8.39B
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
5.65%
2024
20.5%
2023
Poverty at national poverty lines
9%
2024
70%
2020
Gross capital formation, % of GDP
31.4%
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/indonesia/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 (1951–1999, 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 (2020–2024, 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.