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Economy of Maldives vs Suriname compared: GDP & Debt

Updated on by Georank team

Maldives has a GDP of $7.06B compared to $4.42B for Suriname, ranking 159/197 and 164/197 by economy size, respectively.

Maldives has $9.41B in government debt (133.3% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Maldives vs Suriname GDP by year

Maldives
Suriname
1x
Year GDP, current $
Maldives Suriname
2024 $7,061,608,267 $4,416,775,112
2023 $6,621,008,704 $3,472,693,412
2022 $6,177,123,352 $3,791,603,200
2021 $5,252,457,370 $3,107,923,198
2020 $3,712,604,583 $2,911,807,496
2019 $5,726,094,799 $4,016,040,575
2018 $5,404,344,163 $3,996,198,867
2017 $4,816,426,257 $3,591,679,431
2016 $4,409,942,624 $3,317,421,648
2015 $4,129,505,319 $5,126,237,646
2014 $3,697,353,039 $5,240,606,061
2013 $3,295,009,238 $5,145,757,576
2012 $2,886,163,997 $4,980,000,000
2011 $2,774,350,240 $4,422,276,622
2010 $2,588,176,055 $4,368,370,998
2009 $2,345,294,875 $3,875,409,836
2008 $2,271,646,188 $3,532,969,035
2007 $1,868,383,461 $2,936,612,022
2006 $1,575,200,391 $2,626,380,435
2005 $1,163,362,438 $1,793,410,397
2004 $1,226,829,563 $1,484,092,538
2003 $1,052,121,055 $1,274,190,311
2002 $897,031,250 $1,093,574,468
2001 $870,031,677 $834,279,358
2000 $624,337,145 $947,671,970
1999 $589,239,754 $886,290,698
1998 $540,096,398 $1,110,850,000
1997 $508,223,602 $926,422,500
1996 $450,382,328 $861,372,806
1995 $398,988,955 $691,590,498
1994 $356,014,932 $605,492,537
1993 $322,417,837 $428,764,706
1992 $284,875,809 $404,600,000
1991 $244,396,762 $448,100,000
1990 $215,043,970 $388,400,000
1989 $189,514,434 $542,600,000
1988 $168,514,513 $1,161,000,000
1987 $141,223,029 $980,000,000
1986 $141,882,254 $891,000,000
1985 $127,190,758 $873,000,000
1984 $109,503,546 $864,000,000
1983 $57,829,787 $883,500,000
1982 $47,911,340 $915,000,000
1981 $44,781,457 $889,000,000
1980 $42,463,576 $795,000,000
1979 $38,523,364 $782,500,000
1978 $24,369,109 $735,500,000
1977 $20,853,789 $641,500,000
1976 $22,399,467 $505,500,000
1975 $24,540,878 $465,500,000
1974 $39,120,171 $409,850,000
1973 $30,862,042 $339,450,000
1972 $25,177,138 $311,950,000
1971 $21,566,404 $301,000,000
1970 $19,328,038 $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/maldives/suriname | CC BY

GDP per capita in Maldives vs Suriname by year

Maldives
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Maldives Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,379 $26,183 $6,962 $21,801
2023 $12,588 $24,786 $5,522 $21,110
2022 $11,786 $22,881 $6,084 $20,079
2021 $10,176 $19,053 $5,030 $18,458
2020 $7,394 $13,425 $4,755 $16,947
2019 $11,740 $23,077 $6,630 $19,772
2018 $11,423 $21,899 $6,666 $17,855
2017 $10,510 $19,768 $6,050 $17,568
2016 $9,948 $18,770 $5,644 $14,475
2015 $9,645 $17,875 $8,814 $16,544
2014 $8,939 $16,723 $9,108 $16,598
2013 $8,236 $15,264 $9,043 $16,173
2012 $7,461 $13,989 $8,851 $15,185
2011 $7,425 $13,726 $7,950 $13,926
2010 $7,174 $12,797 $7,944 $13,039
2009 $6,734 $12,266 $7,130 $12,393
2008 $6,757 $13,779 $6,576 $12,097
2007 $5,758 $12,852 $5,530 $11,530
2006 $5,019 $12,075 $5,003 $10,803
2005 $3,797 $9,704 $3,453 $10,014
2004 $4,070 $10,770 $2,888 $9,389
2003 $3,549 $10,065 $2,516 $8,552
2002 $3,076 $8,823 $2,202 $8,046
2001 $3,034 $8,236 $1,715 $7,865
2000 $2,214 $8,526 $1,988 $7,535
1999 $2,124 $8,162 $1,898 $7,367
1998 $1,980 $7,710 $2,429 $7,521
1997 $1,898 $7,226 $2,068 $7,422
1996 $1,717 $6,687 $1,963 $7,048
1995 $1,555 $6,223 $1,610 $7,000
1994 $1,419 $5,520 $1,434 $6,973
1993 $1,317 $5,138 $1,022 $6,650
1992 $1,194 $4,881 $969 $6,992
1991 $1,054 $4,604 $1,080 $6,852
1990 $957 $4,528 $942 $6,493
1989 $870 - $1,329 -
1988 $799 - $2,886 -
1987 $692 - $2,469 -
1986 $720 - $2,271 -
1985 $669 - $2,256 -
1984 $594 - $2,261 -
1983 $323 - $2,333 -
1982 $274.8 - $2,430 -
1981 $264.1 - $2,368 -
1980 $257.6 - $2,118 -
1979 $240.2 - $2,072 -
1978 $156.1 - $1,928 -
1977 $137.3 - $1,666 -
1976 $151.8 - $1,302 -
1975 $171.4 - $1,190 -
1974 $281.5 - $1,041 -
1973 $228.7 - $858 -
1972 $192.2 - $785 -
1971 $169.8 - $768 -
1970 $156.9 - $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/maldives/suriname | CC BY

Maldives' GDP per capita is $13,379, ranking 75/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Maldives ranks 81st at $26,183, while Suriname ranks 89th at $21,801.

Economic indicators

Maldives Suriname
Gross domestic product
$7.06B
2024
$4.42B
2024
GDP rank
159/197
2024
164/197
2024
GDP growth
3.49%
2023-2024
1.72%
2023-2024
GDP per capita
$13,379
2024
$6,962
2024
GDP per capita rank
75/197
2024
102/197
2024
GDP per capita, PPP
$26,183
2024
$21,801
2024
GDP per capita PPP rank
81/197
2024
89/197
2024
Government debt
$9.41B
2024
$3.86B
2024
Debt-to-GDP ratio
133.3%
2024
87.3%
2024
Government debt per person
$17,837
2024
$6,077
2024
Government debt per person rank
35/185
2024
74/185
2024
Average annual personal income after taxes
$9,909
2026
$3,263
2026
Income share by richest 10%
23.3%
2019
30.1%
2022
Income share by poorest 10%
3.8%
2019
2.2%
2022
Government expenditure, % of GDP
46.1%
2024
29.2%
2024
Consumer prices inflation
1.4%
2023-2024
16.2%
2023-2024
Central bank interest rate n/a
10%
2013
Unemployment rate
4.56%
2019
7.92%
2016
Population
532057
646767

Spending and national debt comparison by year

Maldives
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Maldives Suriname
Government spending Government debt Government spending Government debt
2024 46.1% 133.3% 29.2% 87.3%
2023 46.7% 122.4% 29% 98.2%
2022 42% 111.6% 29.5% 116.9%
2021 40.6% 123.4% 32% 115.8%
2020 50.4% 155.7% 30.2% 146.4%
2019 32.9% 77.2% 40.5% 84%
2018 31.9% 70.7% 29.5% 68.6%
2017 30.4% 63.8% 28.7% 73%
2016 37.3% 61.9% 27.9% 75.4%
2015 33.8% 54.8% 29.9% 41.2%
2014 29.1% 55.1% 25.2% 25.2%
2013 27% 55.9% 26.2% 27.9%
2012 29.8% 57.1% 25.1% 20.1%
2011 31.3% 51.9% 21% 18.7%
2010 33.2% 52.7% 21% 17.3%
2009 37% 48.4% 24% 14.6%
2008 35.6% 39% 20.5% 14.8%
2007 34.8% 35.8% 22.6% 16.4%
2006 35% 36.8% 22.2% 22.5%
2005 38.8% 43.2% 22.2% 27.1%
2004 24.1% 34.7% 20.8% 29.4%
2003 26.4% 37.6% 19.2% 31.5%
2002 29.6% 44.3% 22.2% 37.4%
2001 29.6% 41.8% 21.8% 37.2%
2000 29% 39% 24.4% 48.4%
1999 28% 38.9% 19.6% 32.3%
1998 25.9% 39.3% 30.3% 21.6%
1997 25.2% 38.1% 21.1% 16.8%
1996 27.3% 46.9% 21.4% 11.8%
1995 31.3% 52.2% 20.2% 16.3%
1994 30.7% 54.6% 19.8% 30.5%
1993 34.7% 55.7% 21.2% 51.1%
1992 36.1% 49% 24.4% 64.4%
1991 37.7% 46.7% 26.6% 75.7%
1990 33.3% 42.4% 22.7% 72.9%

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

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

In 2024, Maldives' government spending was $3.25B, accounting for 46.1% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 133.3% in Maldives and 87.3% in Suriname, ranking 10/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Maldives

Suriname
1x
Year Deficit/surplus, % of GDP
Maldives Suriname
2024 -13.9% -2.42%
2023 -13.2% -1.68%
2022 -11.2% -2.69%
2021 -14.2% -5.66%
2020 -23.7% -12%
2019 -6.54% -20.2%
2018 -5.17% -8.56%
2017 -3.02% -8.62%
2016 -9.93% -10.2%
2015 -6.52% -8.29%
2014 -2.42% -2.65%
2013 -3.49% -2.64%
2012 -6.91% -0.38%
2011 -8.13% 2.32%
2010 -13.6% -0.15%
2009 -17.9% 2.03%
2008 -9.92% 2.39%
2007 -3.16% 5.01%
2006 -4.52% 0.59%
2005 -7.81% -3.39%
2004 -2.26% -1.2%
2003 -3.45% -0.11%
2002 -3.97% -3.3%
2001 -3.97% 3.49%
2000 -3.89% -7.76%
1999 -3.03% -4.92%
1998 -2.25% -6.39%
1997 -1.46% -0.32%
1996 -2.01% 3.42%
1995 -5.66% 1.17%
1994 -4.82% -1.89%
1993 -13.9% -4.68%
1992 -12.6% -6.45%
1991 -10.2% -9.8%
1990 -12.8% -3.04%

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

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

In 2024, Maldives' government deficit, the difference between spending and revenue, was $982M, equivalent to 13.9% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Maldives recorded a fiscal deficit in 35 of those years, while Suriname ran a deficit in 27 years. On average, Maldives posted an annual deficit equal to 7.75% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Maldives

Suriname
1x
Year Consumer prices inflation
Maldives Suriname
2024 1.4% 16.2%
2023 2.6% 51.6%
2022 2.6% 52.4%
2021 0.2% 59.1%
2020 -1.6% 34.9%
2019 1.3% -
2018 1.4% -
2017 2.3% 22%
2016 0.8% 55.4%
2015 1.4% 6.89%
2014 2.4% 3.38%
2013 4% 1.92%
2012 10.9% 5.01%
2011 11.3% 17.7%
2010 6.1% 6.94%
2009 4.5% -0.13%
2008 12% 14.7%
2007 6.8% 6.43%
2006 3.5% 11.3%
2005 2.5% 9.9%
2004 6.3% 9.99%
2003 -2.8% 23%
2002 0.9% 15.5%
2001 0.7% 38.6%
2000 -1.2% 59.4%
1999 3% 98.8%
1998 -1.4% 19%
1997 7.6% 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/maldives/suriname | CC BY

Over the past 28 years, Maldives has recorded an average annual inflation rate of 3.2%, compared with 24.9% in Suriname. In 2024, inflation was 1.4% in Maldives and 16.2% in Suriname.

Top exports between countries

Maldives
Export category Export value
Suriname
Export category Export value
Animal & marine products $18K

Balance of trade

Maldives Suriname
Current account balance
-$1.32B
2024
$9.31M
2024
Current account balance ranking
130/190
2024
76/190
2024
Current account balance, % of GDP
-18.7%
2024
+0.21%
2024
Goods imports
$3.46B
2024
$1.65B
2024
Goods exports
$383M
2024
$2.58B
2024
Service imports
$1.89B
2024
$921M
2024
Service exports
$5.03B
2024
$211M
2024
Imports of goods and services, % of GDP
78.3%
2024
38.4%
2010
Exports of goods and services, % of GDP
78.2%
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.

Maldives Suriname
Economic freedom 47.6 53
Economic freedom ranking 174/197 143/197
Property rights 52.2 40.5
Government integrity 41.9 41
Judicial effectiveness 39.3 46.5
Tax burden 89.9 69.1
Government spending 39.5 74.3
Fiscal health 0 76.6
Business freedom 49.7 56.9
Labor freedom 54.1 69
Monetary freedom 76.4 56.4
Trade freedom 62.8 65.2
Investment freedom 35 20
Financial freedom 30 20

Economic freedom comparison by year

Maldives
Suriname
1x
Year Economic freedom index
Maldives Suriname
2026 47.6 53
2025 48.3 50.9
2024 47.8 46.7
2023 46.6 46.1
2022 47.3 48.1
2021 55.2 46.4
2020 56.5 49.5
2019 53.2 48.1
2018 51.1 48.1
2017 50.3 48
2016 53.9 53.8
2015 53.4 54.2
2014 51 54.2
2013 49 52
2012 49.2 52.6
2011 48.3 53.1
2010 49 52.5
2009 51.3 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/maldives/suriname | CC BY

The Economic Freedom Index for Maldives is 47.6, ranking 174/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Maldives Suriname
Services, % of GDP
72.1%
2024
50.8%
2024
Industry, % of GDP
9.2%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
3.84%
2024
6.77%
2024
GNI, Atlas method
$6.15B
2024
$3.61B
2024
GNI per capita, PPP
$23,400
2024
$20,000
2024
Total reserves including gold
$674M
2024
$1.63B
2024
Total reserves ranking
150/177
2024
132/177
2024
Net foreign direct investment
-$806M
2024
$26.5M
2024
Net inflows of foreign direct investment
$806M
2024
-$37.6M
2024
Net outflows of foreign direct investment
$0
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
7.95%
2024
20.5%
2023
Poverty at national poverty lines
15%
2020
70%
2020
Gross capital formation, % of GDP
30.8%
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/maldives/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. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1996, retrieved 2026-02-20)
  6. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. TradeMap (2021, retrieved 2026-02-08)

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.