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Economy of Laos vs Suriname compared: GDP & Debt

Updated on by Georank team

Laos has a GDP of $16.5B compared to $4.42B for Suriname, ranking 139/197 and 164/197 by economy size, respectively.

Laos has $16.6B in government debt (100.5% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Laos vs Suriname GDP by year

Laos
Suriname
1x
Year GDP, current $
Laos Suriname
2024 $16,502,933,121 $4,416,775,112
2023 $15,843,155,731 $3,472,693,412
2022 $15,468,785,204 $3,791,603,200
2021 $18,827,148,531 $3,107,923,198
2020 $18,981,805,250 $2,911,807,496
2019 $18,740,561,513 $4,016,040,575
2018 $18,141,641,090 $3,996,198,867
2017 $17,071,155,481 $3,591,679,431
2016 $15,912,501,723 $3,317,421,648
2015 $14,426,380,126 $5,126,237,646
2014 $13,279,245,886 $5,240,606,061
2013 $11,983,252,627 $5,145,757,576
2012 $10,192,846,339 $4,980,000,000
2011 $8,750,104,617 $4,422,276,622
2010 $7,131,771,015 $4,368,370,998
2009 $5,836,137,330 $3,875,409,836
2008 $5,446,433,157 $3,532,969,035
2007 $4,223,152,739 $2,936,612,022
2006 $3,455,030,061 $2,626,380,435
2005 $2,735,558,735 $1,793,410,397
2004 $2,366,398,120 $1,484,092,538
2003 $2,023,324,407 $1,274,190,311
2002 $1,758,176,653 $1,093,574,468
2001 $1,768,619,058 $834,279,358
2000 $1,731,198,022 $947,671,970
1999 $1,454,430,642 $886,290,698
1998 $1,280,177,839 $1,110,850,000
1997 $1,747,011,857 $926,422,500
1996 $1,873,671,550 $861,372,806
1995 $1,763,536,305 $691,590,498
1994 $1,543,606,345 $605,492,537
1993 $1,327,748,690 $428,764,706
1992 $1,127,806,945 $404,600,000
1991 $1,028,087,972 $448,100,000
1990 $865,559,879 $388,400,000
1989 $714,046,821 $542,600,000
1988 $598,961,269 $1,161,000,000
1987 $1,087,273,104 $980,000,000
1986 $1,776,842,097 $891,000,000
1985 $2,366,666,616 $873,000,000
1984 $1,757,142,856 $864,000,000
1983 - $883,500,000
1982 - $915,000,000
1981 - $889,000,000
1980 - $795,000,000
1979 - $782,500,000
1978 - $735,500,000
1977 - $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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Laos vs Suriname by year

Laos
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,124 $9,776 $6,962 $21,801
2023 $2,067 $9,292 $5,522 $21,110
2022 $2,046 $8,766 $6,084 $20,079
2021 $2,526 $8,080 $5,030 $18,458
2020 $2,584 $7,913 $4,755 $16,947
2019 $2,589 $7,743 $6,630 $19,772
2018 $2,545 $7,487 $6,666 $17,855
2017 $2,432 $7,142 $6,050 $17,568
2016 $2,303 $6,743 $5,644 $14,475
2015 $2,121 $6,086 $8,814 $16,544
2014 $1,981 $5,799 $9,108 $16,598
2013 $1,813 $5,222 $9,043 $16,173
2012 $1,564 $4,781 $8,851 $15,185
2011 $1,362 $4,100 $7,950 $13,926
2010 $1,126 $3,772 $7,944 $13,039
2009 $935 $3,485 $7,130 $12,393
2008 $886 $3,271 $6,576 $12,097
2007 $697 $3,021 $5,530 $11,530
2006 $579 $2,777 $5,003 $10,803
2005 $466 $2,519 $3,453 $10,014
2004 $409 $2,315 $2,888 $9,389
2003 $355 $2,151 $2,516 $8,552
2002 $313 $2,020 $2,202 $8,046
2001 $320 $1,908 $1,715 $7,865
2000 $319 $1,794 $1,988 $7,535
1999 $272.3 $1,686 $1,898 $7,367
1998 $243.9 $1,577 $2,429 $7,521
1997 $339 $1,528 $2,068 $7,422
1996 $371 $1,435 $1,963 $7,048
1995 $358 $1,349 $1,610 $7,000
1994 $321 $1,265 $1,434 $6,973
1993 $283.4 $1,176 $1,022 $6,650
1992 $247.3 $1,114 $969 $6,992
1991 $231.8 $1,061 $1,080 $6,852
1990 $200.7 $1,012 $942 $6,493
1989 $170.4 - $1,329 -
1988 $147.1 - $2,886 -
1987 $274.7 - $2,469 -
1986 $462 - $2,271 -
1985 $633 - $2,256 -
1984 $483 - $2,261 -
1983 - - $2,333 -
1982 - - $2,430 -
1981 - - $2,368 -
1980 - - $2,118 -
1979 - - $2,072 -
1978 - - $1,928 -
1977 - - $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 (1960–2024, retrieved 2026-04-06).

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

Laos' GDP per capita is $2,124, ranking 155/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Suriname ranks 89th at $21,801.

Economic indicators

Laos Suriname
Gross domestic product
$16.5B
2024
$4.42B
2024
GDP rank
139/197
2024
164/197
2024
GDP growth
4.13%
2023-2024
1.72%
2023-2024
GDP per capita
$2,124
2024
$6,962
2024
GDP per capita rank
155/197
2024
102/197
2024
GDP per capita, PPP
$9,776
2024
$21,801
2024
GDP per capita PPP rank
134/197
2024
89/197
2024
Government debt
$16.6B
2024
$3.86B
2024
Debt-to-GDP ratio
100.5%
2024
87.3%
2024
Government debt per person
$2,134
2024
$6,077
2024
Government debt per person rank
119/185
2024
74/185
2024
Average annual personal income after taxes
$2,096
2026
$3,263
2026
Income share by richest 10%
31.2%
2018
30.1%
2022
Income share by poorest 10%
3%
2018
2.2%
2022
Government expenditure, % of GDP
15.7%
2024
29.2%
2024
Consumer prices inflation
23.1%
2023-2024
16.2%
2023-2024
Central bank interest rate n/a
10%
2013
Unemployment rate
1.21%
2022
7.92%
2016
Population
8004838
646767

Spending and national debt comparison by year

Laos
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Laos Suriname
Government spending Government debt Government spending Government debt
2024 15.7% 100.5% 29.2% 87.3%
2023 16.4% 116.5% 29% 98.2%
2022 14.7% 130.7% 29.5% 116.9%
2021 15.7% 92.9% 32% 115.8%
2020 18.4% 76% 30.2% 146.4%
2019 18.6% 69.1% 40.5% 84%
2018 20.7% 60.6% 29.5% 68.6%
2017 21.8% 57.2% 28.7% 73%
2016 21.1% 54.5% 27.9% 75.4%
2015 25.8% 53.1% 29.9% 41.2%
2014 25% 53.5% 25.2% 25.2%
2013 24.2% 49.5% 26.2% 27.9%
2012 24.7% 46.1% 25.1% 20.1%
2011 20.2% 43% 21% 18.7%
2010 22.4% 49.3% 21% 17.3%
2009 20.1% 51.8% 24% 14.6%
2008 16.1% 51.7% 20.5% 14.8%
2007 15.1% 55.9% 22.6% 16.4%
2006 14.7% 60% 22.2% 22.5%
2005 15.3% 73.2% 22.2% 27.1%
2004 13.6% 80.7% 20.8% 29.4%
2003 16% 90.1% 19.2% 31.5%
2002 16.6% 95.3% 22.2% 37.4%
2001 18.8% 94.7% 21.8% 37.2%
2000 19.9% - 24.4% 48.4%
1999 - - 19.6% 32.3%
1998 - - 30.3% 21.6%
1997 - - 21.1% 16.8%
1996 - - 21.4% 11.8%
1995 - - 20.2% 16.3%
1994 - - 19.8% 30.5%
1993 - - 21.2% 51.1%
1992 - - 24.4% 64.4%
1991 - - 26.6% 75.7%
1990 - - 22.7% 72.9%

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

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

In 2024, Laos' government spending was $2.58B, accounting for 15.7% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 100.5% in Laos and 87.3% in Suriname, ranking 24/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Suriname
1x
Year Deficit/surplus, % of GDP
Laos Suriname
2024 2.34% -2.42%
2023 -0.01% -1.68%
2022 0.06% -2.69%
2021 -0.67% -5.66%
2020 -5.37% -12%
2019 -3.2% -20.2%
2018 -4.46% -8.56%
2017 -5.51% -8.62%
2016 -5.06% -10.2%
2015 -5.57% -8.29%
2014 -3.13% -2.65%
2013 -4.03% -2.64%
2012 -2.34% -0.38%
2011 -1.43% 2.32%
2010 -1.47% -0.15%
2009 -3.1% 2.03%
2008 -1.86% 2.39%
2007 -1.12% 5.01%
2006 -1.48% 0.59%
2005 -2.54% -3.39%
2004 -1.81% -1.2%
2003 -3.89% -0.11%
2002 -2.85% -3.3%
2001 -3.68% 3.49%
2000 -3.58% -7.76%
1999 - -4.92%
1998 - -6.39%
1997 - -0.32%
1996 - 3.42%
1995 - 1.17%
1994 - -1.89%
1993 - -4.68%
1992 - -6.45%
1991 - -9.8%
1990 - -3.04%

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

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

In 2024, Laos' government surplus, the difference between spending and revenue, was $386M, equivalent to 2.34% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 25 years, Laos recorded a fiscal deficit in 23 of those years, while Suriname ran a deficit in 19 years. On average, Laos posted an annual deficit equal to 2.63% of GDP, compared to deficit of 3.44% of GDP for Suriname.

Inflation comparison by year

Inflation
Laos

Suriname
1x
Year Consumer prices inflation
Laos Suriname
2024 23.1% 16.2%
2023 31.2% 51.6%
2022 23% 52.4%
2021 3.8% 59.1%
2020 5.1% 34.9%
2019 3.3% -
2018 2% -
2017 0.8% 22%
2016 1.6% 55.4%
2015 1.3% 6.89%
2014 4.1% 3.38%
2013 6.4% 1.92%
2012 4.3% 5.01%
2011 7.6% 17.7%
2010 6% 6.94%
2009 0.1% -0.13%
2008 7.6% 14.7%
2007 4.7% 6.43%
2006 6.5% 11.3%
2005 7.2% 9.9%
2004 10.5% 9.99%
2003 15.5% 23%
2002 10.6% 15.5%
2001 7.8% 38.6%
2000 8.4% 59.4%
1999 128.4% 98.8%
1998 90.1% 19%
1997 19.5% 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/laos/suriname | CC BY

Over the past 28 years, Laos has recorded an average annual inflation rate of 15.7%, compared with 24.9% in Suriname. In 2024, inflation was 23.1% in Laos and 16.2% in Suriname.

Balance of trade

Laos Suriname
Current account balance
$531M
2024
$9.31M
2024
Current account balance ranking
61/190
2024
76/190
2024
Current account balance, % of GDP
+3.22%
2024
+0.21%
2024
Goods imports
$8.66B
2024
$1.65B
2024
Goods exports
$9.39B
2024
$2.58B
2024
Service imports
$1.27B
2024
$921M
2024
Service exports
$1.73B
2024
$211M
2024
Imports of goods and services, % of GDP
41.9%
2016
38.4%
2010
Exports of goods and services, % of GDP
33.2%
2016
52.5%
2010

Economic freedom indices

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

Laos Suriname
Economic freedom 50.9 53
Economic freedom ranking 157/197 143/197
Property rights 41.1 40.5
Government integrity 25.9 41
Judicial effectiveness 10.2 46.5
Tax burden 88.5 69.1
Government spending 92.7 74.3
Fiscal health 80 76.6
Business freedom 54.2 56.9
Labor freedom 40.7 69
Monetary freedom 53.3 56.4
Trade freedom 69 65.2
Investment freedom 35 20
Financial freedom 20 20

Economic freedom comparison by year

Laos
Suriname
1x
Year Economic freedom index
Laos Suriname
2026 50.9 53
2025 51.1 50.9
2024 50.6 46.7
2023 50.3 46.1
2022 49.2 48.1
2021 53.9 46.4
2020 55.5 49.5
2019 57.4 48.1
2018 53.6 48.1
2017 54 48
2016 49.8 53.8
2015 51.4 54.2
2014 51.2 54.2
2013 50.1 52
2012 50 52.6
2011 51.3 53.1
2010 51.1 52.5
2009 50.4 54.1
2008 50.3 54.3
2007 50.3 54.8
2006 47.5 55.1
2005 44.4 51.9
2004 42 47.9
2003 41 46.9
2002 36.8 48
2001 33.5 44.3
2000 36.8 45.8
1999 35.2 40.1
1998 35.2 39.9
1997 35.1 35.9
1996 38.5 36.7

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Suriname
Services, % of GDP
43.5%
2024
50.8%
2024
Industry, % of GDP
29%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
16.8%
2024
6.77%
2024
GNI, Atlas method
$15.5B
2024
$3.61B
2024
GNI per capita, PPP
$9,160
2024
$20,000
2024
Total reserves including gold
$1.77B
2023
$1.63B
2024
Total reserves ranking
129/177
2023
132/177
2024
Net foreign direct investment
-$988M
2024
$26.5M
2024
Net inflows of foreign direct investment
$988M
2024
-$37.6M
2024
Net outflows of foreign direct investment
$0
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
20.5%
2023
Poverty at national poverty lines
22%
2020
70%
2020
Gross capital formation, % of GDP
29%
2016
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/laos/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. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.