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Economy of Malta vs Suriname compared: GDP & Debt

Updated on by Georank team

Malta has a GDP of $25B compared to $4.42B for Suriname, ranking 119/197 and 164/197 by economy size, respectively.

Malta has $11.5B in government debt (46.2% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Malta vs Suriname GDP by year

Malta
Suriname
1x
Year GDP, current $
Malta Suriname
2024 $24,971,574,502 $4,416,775,112
2023 $22,610,561,526 $3,472,693,412
2022 $18,928,276,162 $3,791,603,200
2021 $19,739,875,611 $3,107,923,198
2020 $16,404,663,226 $2,911,807,496
2019 $16,337,793,531 $4,016,040,575
2018 $16,153,779,511 $3,996,198,867
2017 $14,161,366,724 $3,591,679,431
2016 $12,025,782,834 $3,317,421,648
2015 $11,340,795,042 $5,126,237,646
2014 $11,888,032,874 $5,240,606,061
2013 $10,796,782,636 $5,145,757,576
2012 $9,609,532,089 $4,980,000,000
2011 $9,789,361,703 $4,422,276,622
2010 $9,097,044,159 $4,368,370,998
2009 $8,734,745,698 $3,875,409,836
2008 $9,135,419,465 $3,532,969,035
2007 $7,908,412,306 $2,936,612,022
2006 $6,749,838,806 $2,626,380,435
2005 $6,393,234,993 $1,793,410,397
2004 $6,104,141,520 $1,484,092,538
2003 $5,418,315,224 $1,274,190,311
2002 $4,455,127,414 $1,093,574,468
2001 $4,070,867,133 $834,279,358
2000 $4,036,809,815 $947,671,970
1999 $4,111,857,809 $886,290,698
1998 $4,010,111,688 $1,110,850,000
1997 $3,787,023,707 $926,422,500
1996 $3,822,547,197 $861,372,806
1995 $3,709,396,045 $691,590,498
1994 $2,998,505,428 $605,492,537
1993 $2,709,193,538 $428,764,706
1992 $3,021,942,759 $404,600,000
1991 $2,750,216,747 $448,100,000
1990 $2,547,328,748 $388,400,000
1989 $2,118,655,677 $542,600,000
1988 $2,019,503,068 $1,161,000,000
1987 $1,751,293,461 $980,000,000
1986 $1,435,038,441 $891,000,000
1985 $1,117,797,439 $873,000,000
1984 $1,101,807,023 $864,000,000
1983 $1,165,729,707 $883,500,000
1982 $1,234,474,404 $915,000,000
1981 $1,243,509,394 $889,000,000
1980 $1,250,198,601 $795,000,000
1979 $1,001,288,847 $782,500,000
1978 $793,673,402 $735,500,000
1977 $625,563,171 $641,500,000
1976 $527,936,989 $505,500,000
1975 $474,618,321 $465,500,000
1974 $376,081,124 $409,850,000
1973 $345,616,106 $339,450,000
1972 $295,106,628 $311,950,000
1971 $264,578,485 $301,000,000
1970 $250,728,796 $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/malta/suriname | CC BY

GDP per capita in Malta vs Suriname by year

Malta
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Malta Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $43,899 $69,864 $6,962 $21,801
2023 $40,906 $67,057 $5,522 $21,110
2022 $35,639 $60,589 $6,084 $20,079
2021 $38,097 $56,852 $5,030 $18,458
2020 $31,823 $49,972 $4,755 $16,947
2019 $32,422 $51,393 $6,630 $19,772
2018 $33,382 $48,178 $6,666 $17,855
2017 $30,317 $45,764 $6,050 $17,568
2016 $26,459 $41,000 $5,644 $14,475
2015 $25,530 $38,369 $8,814 $16,544
2014 $27,425 $35,206 $9,108 $16,598
2013 $25,416 $33,138 $9,043 $16,173
2012 $22,878 $30,716 $8,851 $15,185
2011 $23,517 $29,426 $7,950 $13,926
2010 $21,947 $28,909 $7,944 $13,039
2009 $21,176 $26,782 $7,130 $12,393
2008 $22,315 $26,654 $6,576 $12,097
2007 $19,444 $25,012 $5,530 $11,530
2006 $16,654 $23,219 $5,003 $10,803
2005 $15,831 $22,227 $3,453 $10,014
2004 $15,212 $21,566 $2,888 $9,389
2003 $13,594 $20,813 $2,516 $8,552
2002 $11,251 $19,532 $2,202 $8,046
2001 $10,358 $18,435 $1,715 $7,865
2000 $10,348 $18,214 $1,988 $7,535
1999 $10,609 $16,898 $1,898 $7,367
1998 $10,408 $16,219 $2,429 $7,521
1997 $9,893 $15,465 $2,068 $7,422
1996 $10,062 $14,661 $1,963 $7,048
1995 $9,828 $13,950 $1,610 $7,000
1994 $8,000 $12,938 $1,434 $6,973
1993 $7,296 $12,103 $1,022 $6,650
1992 $8,220 $11,429 $969 $6,992
1991 $7,559 $10,784 $1,080 $6,852
1990 $7,192 $10,086 $942 $6,493
1989 $6,041 - $1,329 -
1988 $5,814 - $2,886 -
1987 $5,084 - $2,469 -
1986 $4,195 - $2,271 -
1985 $3,322 - $2,256 -
1984 $3,333 - $2,261 -
1983 $3,527 - $2,333 -
1982 $3,788 - $2,430 -
1981 $3,898 - $2,368 -
1980 $3,948 - $2,118 -
1979 $3,196 - $2,072 -
1978 $2,559 - $1,928 -
1977 $2,038 - $1,666 -
1976 $1,727 - $1,302 -
1975 $1,560 - $1,190 -
1974 $1,245 - $1,041 -
1973 $1,144 - $858 -
1972 $976 - $785 -
1971 $874 - $768 -
1970 $828 - $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/malta/suriname | CC BY

Malta's GDP per capita is $43,899, ranking 28/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Malta ranks 25th at $69,864, while Suriname ranks 89th at $21,801.

Economic indicators

Malta Suriname
Gross domestic product
$25B
2024
$4.42B
2024
GDP rank
119/197
2024
164/197
2024
GDP growth
6.8%
2023-2024
1.72%
2023-2024
GDP per capita
$43,899
2024
$6,962
2024
GDP per capita rank
28/197
2024
102/197
2024
GDP per capita, PPP
$69,864
2024
$21,801
2024
GDP per capita PPP rank
25/197
2024
89/197
2024
Government debt
$11.5B
2024
$3.86B
2024
Debt-to-GDP ratio
46.2%
2024
87.3%
2024
Government debt per person
$20,269
2024
$6,077
2024
Government debt per person rank
31/185
2024
74/185
2024
Average annual personal income after taxes
$23,692
2026
$3,263
2026
Market capitalization of domestic companies
$4.29B
2024
n/a
Income share by richest 10%
27.7%
2022
30.1%
2022
Income share by poorest 10%
2.7%
2022
2.2%
2022
Government expenditure, % of GDP
37.3%
2024
29.2%
2024
Consumer prices inflation
1.65%
2023-2024
16.2%
2023-2024
Central bank interest rate n/a
10%
2013
Unemployment rate
3.12%
2024
7.92%
2016
Population
581729
646767

Spending and national debt comparison by year

Malta
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Malta Suriname
Government spending Government debt Government spending Government debt
2024 37.3% 46.2% 29.2% 87.3%
2023 36.1% 46.8% 29% 98.2%
2022 38.3% 50.1% 29.5% 116.9%
2021 39.4% 49.6% 32% 115.8%
2020 42.1% 48.6% 30.2% 146.4%
2019 34.9% 39.2% 40.5% 84%
2018 34.5% 41.4% 29.5% 68.6%
2017 32.7% 45.6% 28.7% 73%
2016 35.5% 53.1% 27.9% 75.4%
2015 37.8% 55% 29.9% 41.2%
2014 39.6% 60.7% 25.2% 25.2%
2013 40.1% 64.9% 26.2% 27.9%
2012 41.7% 65.6% 25.1% 20.1%
2011 41.5% 68.9% 21% 18.7%
2010 40.1% 65% 21% 17.3%
2009 41.1% 66% 24% 14.6%
2008 42.1% 61.5% 20.5% 14.8%
2007 41.2% 62% 22.6% 16.4%
2006 42.5% 64.5% 22.2% 22.5%
2005 42.5% 70.2% 22.2% 27.1%
2004 42% 70.4% 20.8% 29.4%
2003 45.6% 68.6% 19.2% 31.5%
2002 43.6% 65.1% 22.2% 37.4%
2001 44.4% 70% 21.8% 37.2%
2000 42.9% 64.4% 24.4% 48.4%
1999 - 69.8% 19.6% 32.3%
1998 - 66.4% 30.3% 21.6%
1997 - 60.8% 21.1% 16.8%
1996 - 51.5% 21.4% 11.8%
1995 - 45.3% 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/malta/suriname | CC BY

In 2024, Malta's government spending was $9.32B, accounting for 37.3% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 46.2% in Malta and 87.3% in Suriname, ranking 118/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Malta

Suriname
1x
Year Deficit/surplus, % of GDP
Malta Suriname
2024 -3.58% -2.42%
2023 -4.65% -1.68%
2022 -5.31% -2.69%
2021 -6.95% -5.66%
2020 -8.72% -12%
2019 0.72% -20.2%
2018 1.86% -8.56%
2017 3.4% -8.62%
2016 1.1% -10.2%
2015 -0.84% -8.29%
2014 -1.49% -2.65%
2013 -2.19% -2.64%
2012 -3.31% -0.38%
2011 -2.99% 2.32%
2010 -2.22% -0.15%
2009 -3.11% 2.03%
2008 -4.06% 2.39%
2007 -2.05% 5.01%
2006 -2.46% 0.59%
2005 -2.83% -3.39%
2004 -4.28% -1.2%
2003 -9.04% -0.11%
2002 -5.62% -3.3%
2001 -6.5% 3.49%
2000 -5.83% -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/malta/suriname | CC BY

In 2024, Malta's government deficit, the difference between spending and revenue, was $893M, equivalent to 3.58% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 25 years, Malta recorded a fiscal deficit in 21 of those years, while Suriname ran a deficit in 19 years. On average, Malta posted an annual deficit equal to 3.24% of GDP, compared to deficit of 3.44% of GDP for Suriname.

Inflation comparison by year

Inflation
Malta

Suriname
1x
Year Consumer prices inflation
Malta Suriname
2024 1.65% 16.2%
2023 5.09% 51.6%
2022 6.15% 52.4%
2021 1.5% 59.1%
2020 0.64% 34.9%
2019 1.64% -
2018 1.16% -
2017 1.36% 22%
2016 0.64% 55.4%
2015 1.1% 6.89%
2014 0.31% 3.38%
2013 1.18% 1.92%
2012 2.38% 5.01%
2011 2.96% 17.7%
2010 1.52% 6.94%
2009 2.08% -0.13%
2008 4.26% 14.7%
2007 1.25% 6.43%
2006 2.77% 11.3%
2005 3.01% 9.9%
2004 2.79% 9.99%
2003 1.3% 23%
2002 2.19% 15.5%
2001 2.93% 38.6%
2000 2.37% 59.4%
1999 2.13% 98.8%
1998 2.39% 19%
1997 3.11% 7.15%

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

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

Over the past 28 years, Malta has recorded an average annual inflation rate of 2.21%, compared with 24.9% in Suriname. In 2024, inflation was 1.65% in Malta and 16.2% in Suriname.

Top exports between countries

Malta
Export category Export value
Machinery & equipment $4K
Suriname
Export category Export value
Raw materials & minerals $16K
Machinery & equipment $4K

Balance of trade

Malta Suriname
Current account balance
$1.78B
2024
$9.31M
2024
Current account balance ranking
47/190
2024
76/190
2024
Current account balance, % of GDP
+7.12%
2024
+0.21%
2024
Goods imports
$7.56B
2024
$1.65B
2024
Goods exports
$4.58B
2024
$2.58B
2024
Service imports
$17.4B
2024
$921M
2024
Service exports
$25B
2024
$211M
2024
Imports of goods and services, % of GDP
99.7%
2024
38.4%
2010
Exports of goods and services, % of GDP
118.5%
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.

Malta Suriname
Economic freedom 68.2 53
Economic freedom ranking 49/197 143/197
Property rights 85.5 40.5
Government integrity 54.3 41
Judicial effectiveness 80.2 46.5
Tax burden 68.5 69.1
Government spending 58.4 74.3
Fiscal health 63.2 76.6
Business freedom 83.2 56.9
Labor freedom 62.6 69
Monetary freedom 73.1 56.4
Trade freedom 79.4 65.2
Investment freedom 60 20
Financial freedom 50 20

Economic freedom comparison by year

Malta
Suriname
1x
Year Economic freedom index
Malta Suriname
2026 68.2 53
2025 66.8 50.9
2024 64.5 46.7
2023 67.5 46.1
2022 71.5 48.1
2021 70.2 46.4
2020 69.5 49.5
2019 68.6 48.1
2018 68.5 48.1
2017 67.7 48
2016 66.7 53.8
2015 66.5 54.2
2014 66.4 54.2
2013 67.5 52
2012 67 52.6
2011 65.7 53.1
2010 67.2 52.5
2009 66.1 54.1
2008 66 54.3
2007 66.1 54.8
2006 67.3 55.1
2005 68.9 51.9
2004 63.3 47.9
2003 61.1 46.9
2002 62.2 48
2001 62.9 44.3
2000 58.3 45.8
1999 59.3 40.1
1998 61.2 39.9
1997 57.9 35.9
1996 55.8 36.7
1995 56.3 -

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

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

The Economic Freedom Index for Malta is 68.2, ranking 49/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Malta Suriname
Services, % of GDP
81.8%
2024
50.8%
2024
Industry, % of GDP
10.7%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
0.23%
2024
6.77%
2024
GNI, Atlas method
$20.9B
2024
$3.61B
2024
GNI per capita, PPP
$61,340
2024
$20,000
2024
Total reserves including gold
$1.42B
2024
$1.63B
2024
Total reserves ranking
137/177
2024
132/177
2024
Net foreign direct investment
-$6.13B
2024
$26.5M
2024
Net inflows of foreign direct investment
$42.6B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$36.5B
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI n/a
20.5%
2023
Poverty at national poverty lines
16.7%
2021
70%
2020
Gross capital formation, % of GDP
19%
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/malta/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 (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2022, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. 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.