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Economy of Kiribati vs Suriname compared: GDP & Debt

Updated on by Georank team

Kiribati has a GDP of $308M compared to $4.42B for Suriname, ranking 192/197 and 164/197 by economy size, respectively.

Kiribati has $30.5M in government debt (9.92% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Kiribati vs Suriname GDP by year

Kiribati
Suriname
1x
Year GDP, current $
Kiribati Suriname
2024 $307,862,564 $4,416,775,112
2023 $288,610,748 $3,472,693,412
2022 $270,040,453 $3,791,603,200
2021 $285,259,881 $3,107,923,198
2020 $220,898,020 $2,911,807,496
2019 $216,985,388 $4,016,040,575
2018 $233,514,717 $3,996,198,867
2017 $222,875,736 $3,591,679,431
2016 $206,467,819 $3,317,421,648
2015 $191,559,399 $5,126,237,646
2014 $200,287,282 $5,240,606,061
2013 $201,730,861 $5,145,757,576
2012 $207,001,546 $4,980,000,000
2011 $195,970,140 $4,422,276,622
2010 $165,458,433 $4,368,370,998
2009 $140,177,384 $3,875,409,836
2008 $147,017,895 $3,532,969,035
2007 $138,054,946 $2,936,612,022
2006 $112,338,353 $2,626,380,435
2005 $113,895,437 $1,793,410,397
2004 $104,085,892 $1,484,092,538
2003 $96,105,619 $1,274,190,311
2002 $74,743,869 $1,093,574,468
2001 $64,935,850 $834,279,358
2000 $74,910,527 $947,671,970
1999 $77,323,978 $886,290,698
1998 $74,905,706 $1,110,850,000
1997 $80,205,807 $926,422,500
1996 $81,456,854 $861,372,806
1995 $68,596,395 $691,590,498
1994 $67,055,334 $605,492,537
1993 $58,953,596 $428,764,706
1992 $61,491,369 $404,600,000
1991 $41,247,792 $448,100,000
1990 $36,534,295 $388,400,000
1989 $37,645,319 $542,600,000
1988 $38,278,810 $1,161,000,000
1987 $29,554,413 $980,000,000
1986 $25,993,009 $891,000,000
1985 $26,126,615 $873,000,000
1984 $34,394,167 $864,000,000
1983 $31,000,546 $883,500,000
1982 $32,742,713 $915,000,000
1981 $35,267,489 $889,000,000
1980 $33,157,723 $795,000,000
1979 $34,466,197 $782,500,000
1978 $36,563,965 $735,500,000
1977 $31,335,459 $641,500,000
1976 $33,246,817 $505,500,000
1975 $44,547,454 $465,500,000
1974 $69,256,489 $409,850,000
1973 $25,645,040 $339,450,000
1972 $15,314,346 $311,950,000
1971 $12,356,134 $301,000,000
1970 $11,560,877 $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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Kiribati vs Suriname by year

Kiribati
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kiribati Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,289 $3,702 $6,962 $21,801
2023 $2,178 $3,486 $5,522 $21,110
2022 $2,070 $3,329 $6,084 $20,079
2021 $2,222 $3,020 $5,030 $18,458
2020 $1,752 $2,711 $4,755 $16,947
2019 $1,751 $2,763 $6,630 $19,772
2018 $1,913 $2,672 $6,666 $17,855
2017 $1,853 $2,562 $6,050 $17,568
2016 $1,743 $2,463 $5,644 $14,475
2015 $1,640 $2,311 $8,814 $16,544
2014 $1,737 $2,084 $9,108 $16,598
2013 $1,772 $2,049 $9,043 $16,173
2012 $1,844 $1,896 $8,851 $15,185
2011 $1,771 $1,786 $7,950 $13,926
2010 $1,522 $1,724 $7,944 $13,039
2009 $1,317 $1,718 $7,130 $12,393
2008 $1,411 $1,735 $6,576 $12,097
2007 $1,353 $1,792 $5,530 $11,530
2006 $1,123 $1,728 $5,003 $10,803
2005 $1,162 $1,617 $3,453 $10,014
2004 $1,083 $1,579 $2,888 $9,389
2003 $1,021 $1,578 $2,516 $8,552
2002 $810 $1,605 $2,202 $8,046
2001 $719 $1,591 $1,715 $7,865
2000 $845 $1,638 $1,988 $7,535
1999 $887 $1,526 $1,898 $7,367
1998 $874 $1,593 $2,429 $7,521
1997 $953 $1,535 $2,068 $7,422
1996 $986 $1,519 $1,963 $7,048
1995 $844 $1,518 $1,610 $7,000
1994 $838 $1,469 $1,434 $6,973
1993 $748 $1,431 $1,022 $6,650
1992 $792 $1,421 $969 $6,992
1991 $540 $1,139 $1,080 $6,852
1990 $488 $1,192 $942 $6,493
1989 $515 - $1,329 -
1988 $536 - $2,886 -
1987 $424 - $2,469 -
1986 $382 - $2,271 -
1985 $393 - $2,256 -
1984 $527 - $2,261 -
1983 $483 - $2,333 -
1982 $519 - $2,430 -
1981 $568 - $2,368 -
1980 $542 - $2,118 -
1979 $573 - $2,072 -
1978 $611 - $1,928 -
1977 $520 - $1,666 -
1976 $548 - $1,302 -
1975 $730 - $1,190 -
1974 $1,131 - $1,041 -
1973 $422 - $858 -
1972 $256.2 - $785 -
1971 $210.7 - $768 -
1970 $201 - $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 (1960–2024, retrieved 2026-04-06).

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

Kiribati's GDP per capita is $2,289, ranking 152/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Kiribati ranks 169th at $3,702, while Suriname ranks 89th at $21,801.

Economic indicators

Kiribati Suriname
Gross domestic product
$308M
2024
$4.42B
2024
GDP rank
192/197
2024
164/197
2024
GDP growth
5.27%
2023-2024
1.72%
2023-2024
GDP per capita
$2,289
2024
$6,962
2024
GDP per capita rank
152/197
2024
102/197
2024
GDP per capita, PPP
$3,702
2024
$21,801
2024
GDP per capita PPP rank
169/197
2024
89/197
2024
Government debt
$30.5M
2024
$3.86B
2024
Debt-to-GDP ratio
9.92%
2024
87.3%
2024
Government debt per person
$226.9
2024
$6,077
2024
Government debt per person rank
181/185
2024
74/185
2024
Average annual personal income after taxes
$1,967
2026
$3,263
2026
Income share by richest 10%
22.8%
2019
30.1%
2022
Income share by poorest 10%
4%
2019
2.2%
2022
Government expenditure, % of GDP
98.1%
2024
29.2%
2024
Consumer prices inflation
2.5%
2023-2024
16.2%
2023-2024
Central bank interest rate n/a
10%
2013
Unemployment rate
2.79%
2023
7.92%
2016
Population
139020
646767

Spending and national debt comparison by year

Kiribati
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Kiribati Suriname
Government spending Government debt Government spending Government debt
2024 98.1% 9.92% 29.2% 87.3%
2023 95.3% 11.4% 29% 98.2%
2022 87.5% 16.3% 29.5% 116.9%
2021 84% 17.3% 32% 115.8%
2020 102.2% 21% 30.2% 146.4%
2019 108.3% 19% 40.5% 84%
2018 108.8% 19% 29.5% 68.6%
2017 92.1% 20.2% 28.7% 73%
2016 99% 21.2% 27.9% 75.4%
2015 90.9% 18.8% 29.9% 41.2%
2014 101.2% 8.97% 25.2% 25.2%
2013 78% 8.86% 26.2% 27.9%
2012 83.9% 8.13% 25.1% 20.1%
2011 80.9% 8.8% 21% 18.7%
2010 75.7% 9.43% 21% 17.3%
2009 74.7% 10.3% 24% 14.6%
2008 79.4% 13.9% 20.5% 14.8%
2007 77.3% 11.1% 22.6% 16.4%
2006 82.1% 12.9% 22.2% 22.5%
2005 95.6% 12.1% 22.2% 27.1%
2004 103.8% 13.6% 20.8% 29.4%
2003 84.4% 12.3% 19.2% 31.5%
2002 96.9% 13.3% 22.2% 37.4%
2001 101.3% 17% 21.8% 37.2%
2000 66% 12.7% 24.4% 48.4%
1999 77.6% 11.8% 19.6% 32.3%
1998 74.7% 9.81% 30.3% 21.6%
1997 70.9% 10.7% 21.1% 16.8%
1996 68.4% 11% 21.4% 11.8%
1995 69.6% 12.3% 20.2% 16.3%
1994 54.6% 12.3% 19.8% 30.5%
1993 55.3% 10.9% 21.2% 51.1%
1992 65.9% 7.31% 24.4% 64.4%
1991 82.1% 8.43% 26.6% 75.7%
1990 105.5% 7.72% 22.7% 72.9%

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

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

In 2024, Kiribati's government spending was $302M, accounting for 98.1% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 9.92% in Kiribati and 87.3% in Suriname, ranking 180/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Kiribati

Suriname
1x
Year Deficit/surplus, % of GDP
Kiribati Suriname
2024 -22% -2.42%
2023 0.13% -1.68%
2022 -18.3% -2.69%
2021 -10.8% -5.66%
2020 3.57% -12%
2019 10.8% -20.2%
2018 5.18% -8.56%
2017 34.1% -8.62%
2016 20.1% -10.2%
2015 42.5% -8.29%
2014 35% -2.65%
2013 11.8% -2.64%
2012 -5.43% -0.38%
2011 -17.6% 2.32%
2010 -7.8% -0.15%
2009 -8.56% 2.03%
2008 -15.8% 2.39%
2007 -12.5% 5.01%
2006 -12.3% 0.59%
2005 -9.96% -3.39%
2004 -19.2% -1.2%
2003 -8.93% -0.11%
2002 3.13% -3.3%
2001 -10.9% 3.49%
2000 -0.03% -7.76%
1999 -1.81% -4.92%
1998 14.6% -6.39%
1997 5.92% -0.32%
1996 -20.2% 3.42%
1995 -5.14% 1.17%
1994 0.74% -1.89%
1993 6.27% -4.68%
1992 0.79% -6.45%
1991 3.87% -9.8%
1990 -4.62% -3.04%

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

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

In 2024, Kiribati's government deficit, the difference between spending and revenue, was $67.7M, equivalent to 22% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Kiribati recorded a fiscal deficit in 19 of those years, while Suriname ran a deficit in 27 years. On average, Kiribati posted an annual deficit equal to 0.38% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Kiribati

Suriname
1x
Year Consumer prices inflation
Kiribati Suriname
2024 2.5% 16.2%
2023 9.3% 51.6%
2022 5.3% 52.4%
2021 2.1% 59.1%
2020 2.6% 34.9%
2019 -1.8% -
2018 0.6% -
2017 0.4% 22%
2016 1.9% 55.4%
2015 0.6% 6.89%
2014 2.1% 3.38%
2013 -1.5% 1.92%
2012 -3% 5.01%
2011 1.5% 17.7%
2010 -3.9% 6.94%
2009 9.8% -0.13%
2008 13.7% 14.7%
2007 3.6% 6.43%
2006 -1% 11.3%
2005 -0.4% 9.9%
2004 -0.7% 9.99%
2003 1.6% 23%
2002 3.2% 15.5%
2001 6% 38.6%
2000 0.4% 59.4%
1999 1.8% 98.8%
1998 3.7% 19%
1997 2.6% 7.15%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Kiribati has recorded an average annual inflation rate of 2.25%, compared with 24.9% in Suriname. In 2024, inflation was 2.5% in Kiribati and 16.2% in Suriname.

Balance of trade

Kiribati Suriname
Current account balance
-$59.5M
2024
$9.31M
2024
Current account balance ranking
85/190
2024
76/190
2024
Current account balance, % of GDP
-19.3%
2024
+0.21%
2024
Goods imports
$227M
2024
$1.65B
2024
Goods exports
$8.49M
2024
$2.58B
2024
Service imports
$108M
2024
$921M
2024
Service exports
$7M
2024
$211M
2024
Imports of goods and services, % of GDP
94.9%
2024
38.4%
2010
Exports of goods and services, % of GDP
6.27%
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.

Kiribati Suriname
Economic freedom 50.8 53
Economic freedom ranking 158/197 143/197
Property rights 69.6 40.5
Government integrity 50.5 41
Judicial effectiveness 54.6 46.5
Tax burden 72.6 69.1
Government spending 0 74.3
Fiscal health 19.8 76.6
Business freedom 60.2 56.9
Labor freedom 65.3 69
Monetary freedom 76.7 56.4
Trade freedom 80 65.2
Investment freedom 30 20
Financial freedom 30 20

Economic freedom comparison by year

Kiribati
Suriname
1x
Year Economic freedom index
Kiribati Suriname
2026 50.8 53
2025 50.9 50.9
2024 51.3 46.7
2023 58.8 46.1
2022 59.2 48.1
2021 44.4 46.4
2020 45.2 49.5
2019 47.3 48.1
2018 50.8 48.1
2017 50.9 48
2016 46.2 53.8
2015 46.4 54.2
2014 46.3 54.2
2013 45.9 52
2012 46.9 52.6
2011 44.8 53.1
2010 43.7 52.5
2009 45.7 54.1
2008 - 54.3
2007 - 54.8
2006 - 55.1
2005 - 51.9
2004 - 47.9
2003 - 46.9
2002 - 48
2001 - 44.3
2000 - 45.8
1999 - 40.1
1998 - 39.9
1997 - 35.9
1996 - 36.7

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Kiribati is 50.8, ranking 158/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Kiribati Suriname
Services, % of GDP
67.1%
2023
50.8%
2024
Industry, % of GDP
11.5%
2023
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
27.2%
2023
6.77%
2024
GNI, Atlas method
$493M
2024
$3.61B
2024
GNI per capita, PPP
$6,060
2024
$20,000
2024
Total reserves including gold n/a
$1.63B
2024
Total reserves ranking n/a
132/177
2024
Net foreign direct investment
-$8.06M
2024
$26.5M
2024
Net inflows of foreign direct investment
$8.07M
2024
-$37.6M
2024
Net outflows of foreign direct investment
$16.4K
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI n/a
20.5%
2023
Poverty at national poverty lines
5.5%
2023
70%
2020
Gross capital formation, % of GDP
25.8%
2023
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/kiribati/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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.