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Economy of Oman vs Suriname compared: GDP & Debt

Updated on by Georank team

Oman has a GDP of $107B compared to $4.42B for Suriname, ranking 70/197 and 164/197 by economy size, respectively.

Oman has $38B in government debt (35.5% of GDP), compared to $3.86B (87.3% of GDP) in Suriname.

Oman vs Suriname GDP by year

Oman
Suriname
1x
Year GDP, current $
Oman Suriname
2024 $107,137,198,769 $4,416,775,112
2023 $106,174,708,037 $3,472,693,412
2022 $109,852,795,839 $3,791,603,200
2021 $87,323,797,139 $3,107,923,198
2020 $75,909,492,848 $2,911,807,496
2019 $88,060,858,257 $4,016,040,575
2018 $91,505,851,756 $3,996,198,867
2017 $80,856,697,009 $3,591,679,431
2016 $75,128,738,622 $3,317,421,648
2015 $78,710,793,238 $5,126,237,646
2014 $92,699,089,727 $5,240,606,061
2013 $89,936,020,806 $5,145,757,576
2012 $87,408,842,653 $4,980,000,000
2011 $77,497,529,259 $4,422,276,622
2010 $64,993,498,049 $4,368,370,998
2009 $55,454,096,229 $3,875,409,836
2008 $69,804,681,404 $3,532,969,035
2007 $48,300,390,117 $2,936,612,022
2006 $42,577,633,290 $2,626,380,435
2005 $35,506,892,068 $1,793,410,397
2004 $28,378,933,680 $1,484,092,538
2003 $24,733,680,104 $1,274,190,311
2002 $23,065,539,662 $1,093,574,468
2001 $22,205,721,717 $834,279,358
2000 $22,259,557,867 $947,671,970
1999 $17,832,769,831 $886,290,698
1998 $16,044,213,264 $1,110,850,000
1997 $18,039,791,938 $926,422,500
1996 $17,402,080,624 $861,372,806
1995 $15,722,236,671 $691,590,498
1994 $14,715,214,564 $605,492,537
1993 $14,230,429,129 $428,764,706
1992 $14,183,615,085 $404,600,000
1991 $12,918,335,501 $448,100,000
1990 $13,310,273,082 $388,400,000
1989 $9,372,171,651 $542,600,000
1988 $8,386,215,865 $1,161,000,000
1987 $7,811,183,095 $980,000,000
1986 $7,324,167,369 $891,000,000
1985 $10,005,645,420 $873,000,000
1984 $8,821,443,151 $864,000,000
1983 $7,932,541,691 $883,500,000
1982 $7,554,719,456 $915,000,000
1981 $7,259,120,151 $889,000,000
1980 $5,981,760,278 $795,000,000
1979 $3,733,352,635 $782,500,000
1978 $2,740,301,390 $735,500,000
1977 $2,741,169,948 $641,500,000
1976 $2,560,220,035 $505,500,000
1975 $2,096,699,189 $465,500,000
1974 $1,645,917,776 $409,850,000
1973 $483,066,991 $339,450,000
1972 $366,883,548 $311,950,000
1971 $301,010,587 $301,000,000
1970 $256,319,795 $274,900,000
1969 $239,999,808 $259,650,000
1968 $188,879,849 $241,350,000
1967 $107,151,832 $220,700,000
1966 $67,759,973 $190,350,000
1965 $63,279,975 $154,150,000
1964 $61,872,526 $134,400,000
1963 $59,912,763 $125,950,000
1962 $56,273,202 $116,150,000
1961 $45,634,487 $107,700,000
1960 $44,234,656 $99,650,000

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

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

GDP per capita in Oman vs Suriname by year

Oman
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
1x
Year Current $
Oman Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $20,285 $41,740 $6,962 $21,801
2023 $21,028 $41,945 $5,522 $21,110
2022 $23,224 $42,616 $6,084 $20,079
2021 $19,403 $38,719 $5,030 $18,458
2020 $16,785 $35,163 $4,755 $16,947
2019 $19,180 $37,251 $6,630 $19,772
2018 $19,902 $37,780 $6,666 $17,855
2017 $17,820 $33,619 $6,050 $17,568
2016 $17,110 $33,334 $5,644 $14,475
2015 $18,808 $36,058 $8,814 $16,544
2014 $23,161 $44,236 $9,108 $16,598
2013 $23,458 $47,013 $9,043 $16,173
2012 $24,642 $49,989 $8,851 $15,185
2011 $25,188 $52,393 $7,950 $13,926
2010 $23,570 $55,667 $7,944 $13,039
2009 $20,656 $55,127 $7,130 $12,393
2008 $26,577 $52,841 $6,576 $12,097
2007 $18,793 $48,627 $5,530 $11,530
2006 $16,931 $46,091 $5,003 $10,803
2005 $14,435 $43,673 $3,453 $10,014
2004 $11,801 $42,142 $2,888 $9,389
2003 $10,464 $40,935 $2,516 $8,552
2002 $9,869 $41,511 $2,202 $8,046
2001 $9,612 $41,679 $1,715 $7,865
2000 $9,754 $39,443 $1,988 $7,535
1999 $7,915 $36,792 $1,898 $7,367
1998 $7,219 $36,666 $2,429 $7,521
1997 $8,235 $36,809 $2,068 $7,422
1996 $8,068 $34,661 $1,963 $7,048
1995 $7,414 $33,598 $1,610 $7,000
1994 $7,068 $31,925 $1,434 $6,973
1993 $7,039 $30,987 $1,022 $6,650
1992 $7,318 $29,773 $969 $6,992
1991 $6,977 $28,109 $1,080 $6,852
1990 $7,546 $26,904 $942 $6,493
1989 $5,591 - $1,329 -
1988 $5,279 - $2,886 -
1987 $5,204 - $2,469 -
1986 $5,182 - $2,271 -
1985 $7,549 - $2,256 -
1984 $7,070 - $2,261 -
1983 $6,714 - $2,333 -
1982 $6,759 - $2,430 -
1981 $6,866 - $2,368 -
1980 $5,974 - $2,118 -
1979 $3,934 - $2,072 -
1978 $3,044 - $1,928 -
1977 $3,205 - $1,666 -
1976 $3,143 - $1,302 -
1975 $2,692 - $1,190 -
1974 $2,203 - $1,041 -
1973 $670 - $858 -
1972 $524 - $785 -
1971 $442 - $768 -
1970 $387 - $724 -
1969 $372 - $708 -
1968 $300 - $681 -
1967 $174.7 - $644 -
1966 $113.2 - $575 -
1965 $108.1 - $482 -
1964 $108.1 - $435 -
1963 $106.8 - $424 -
1962 $102.3 - $409 -
1961 $84.5 - $395 -
1960 $83.4 - $378 -

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

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

Oman's GDP per capita is $20,285, ranking 57/197, compared to $6,962 in Suriname, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), Oman ranks 55th at $41,740, while Suriname ranks 89th at $21,801.

Economic indicators

Oman Suriname
Gross domestic product
$107B
2024
$4.42B
2024
GDP rank
70/197
2024
164/197
2024
GDP growth
1.63%
2023-2024
1.72%
2023-2024
GDP per capita
$20,285
2024
$6,962
2024
GDP per capita rank
57/197
2024
102/197
2024
GDP per capita, PPP
$41,740
2024
$21,801
2024
GDP per capita PPP rank
55/197
2024
89/197
2024
Government debt
$38B
2024
$3.86B
2024
Debt-to-GDP ratio
35.5%
2024
87.3%
2024
Government debt per person
$7,204
2024
$6,077
2024
Government debt per person rank
67/185
2024
74/185
2024
Average annual personal income after taxes
$20,894
2026
$3,263
2026
Market capitalization of domestic companies
$22.3B
2022
n/a
Number of billionaires
2
2025
n/a
Income share by richest 10% n/a
30.1%
2022
Income share by poorest 10% n/a
2.2%
2022
Government expenditure, % of GDP
28.7%
2024
29.2%
2024
Consumer prices inflation
0.6%
2023-2024
16.2%
2023-2024
Central bank interest rate
4.5%
2025
10%
2013
Unemployment rate
3.3%
2024
7.92%
2016
Population
5761708
646767

Spending and national debt comparison by year

Oman
Spending

Debt
Suriname
Spending

Debt
1x
Year % of GDP
Oman Suriname
Government spending Government debt Government spending Government debt
2024 28.7% 35.5% 29.2% 87.3%
2023 27.5% 37.5% 29% 98.2%
2022 30.9% 41.7% 29.5% 116.9%
2021 36.5% 61.9% 32% 115.8%
2020 44.5% 67.9% 30.2% 146.4%
2019 38.8% 52.5% 40.5% 84%
2018 38.3% 44.7% 29.5% 68.6%
2017 39.4% 40.1% 28.7% 73%
2016 44.6% 29.3% 27.9% 75.4%
2015 44.5% 13.9% 29.9% 41.2%
2014 41.4% 4.04% 25.2% 25.2%
2013 39.3% 4.66% 26.2% 27.9%
2012 38.6% 4.59% 25.1% 20.1%
2011 34.5% 4.44% 21% 18.7%
2010 30.6% 5.46% 21% 17.3%
2009 33.4% 5.8% 24% 14.6%
2008 25.6% 3.2% 20.5% 14.8%
2007 30.7% 4.44% 22.6% 16.4%
2006 30.1% 7.56% 22.2% 22.5%
2005 30.6% 8.39% 22.2% 27.1%
2004 34.1% 14.5% 20.8% 29.4%
2003 34% 13% 19.2% 31.5%
2002 34.1% 15.9% 22.2% 37.4%
2001 33.3% 22.5% 21.8% 37.2%
2000 31.2% 21.7% 24.4% 48.4%
1999 34.2% 28.9% 19.6% 32.3%
1998 36.1% 30.9% 30.3% 21.6%
1997 32.1% 20.8% 21.1% 16.8%
1996 33.5% 21.2% 21.4% 11.8%
1995 38.2% 21.9% 20.2% 16.3%
1994 39.7% 23.6% 19.8% 30.5%
1993 40.1% 22.2% 21.2% 51.1%
1992 40.1% 23.1% 24.4% 64.4%
1991 37.4% 22.6% 26.6% 75.7%
1990 36.5% 17.8% 22.7% 72.9%

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

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

In 2024, Oman's government spending was $30.7B, accounting for 28.7% of its GDP, while Suriname spent $1.29B, or 29.2% of GDP.

Debt-to-GDP ratio is 35.5% in Oman and 87.3% in Suriname, ranking 145/185 and 37/185, respectively.

Government deficit by year

Deficit/surplus
Oman

Suriname
1x
Year Deficit/surplus, % of GDP
Oman Suriname
2024 3.31% -2.42%
2023 6.87% -1.68%
2022 10.5% -2.69%
2021 -3.17% -5.66%
2020 -15.7% -12%
2019 -4.83% -20.2%
2018 -6.72% -8.56%
2017 -10.5% -8.62%
2016 -19.6% -10.2%
2015 -13.5% -8.29%
2014 -1.58% -2.65%
2013 2.78% -2.64%
2012 4.07% -0.38%
2011 8.24% 2.32%
2010 4.95% -0.15%
2009 -0.27% 2.03%
2008 14.7% 2.39%
2007 10.5% 5.01%
2006 12.2% 0.59%
2005 11.2% -3.39%
2004 5.43% -1.2%
2003 5.92% -0.11%
2002 5.31% -3.3%
2001 7.55% 3.49%
2000 12.2% -7.76%
1999 0.3% -4.92%
1998 -4.37% -6.39%
1997 4.77% -0.32%
1996 2.22% 3.42%
1995 -3.9% 1.17%
1994 -7.47% -1.89%
1993 -6.84% -4.68%
1992 -4.85% -6.45%
1991 0.12% -9.8%
1990 4.78% -3.04%

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

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

In 2024, Oman's government surplus, the difference between spending and revenue, was $3.54B, equivalent to 3.31% of GDP. This compares to Suriname's deficit of $107M, or 2.42% of GDP.

Over the past 35 years, Oman recorded a fiscal deficit in 14 of those years, while Suriname ran a deficit in 27 years. On average, Oman posted an annual surplus equal to 0.99% of GDP, compared to deficit of 3.4% of GDP for Suriname.

Inflation comparison by year

Inflation
Oman

Suriname
1x
Year Consumer prices inflation
Oman Suriname
2024 0.6% 16.2%
2023 1% 51.6%
2022 2.5% 52.4%
2021 1.7% 59.1%
2020 -0.4% 34.9%
2019 0.5% -
2018 0.7% -
2017 1.5% 22%
2016 0.9% 55.4%
2015 0.1% 6.89%
2014 1.2% 3.38%
2013 1.3% 1.92%
2012 2.9% 5.01%
2011 4.1% 17.7%
2010 3.3% 6.94%
2009 3.5% -0.13%
2008 12.6% 14.7%
2007 5.9% 6.43%
2006 3.2% 11.3%
2005 1.9% 9.9%
2004 0.8% 9.99%
2003 0.2% 23%
2002 -0.3% 15.5%
2001 -0.8% 38.6%
2000 -1.2% 59.4%
1999 0.5% 98.8%
1998 0.4% 19%
1997 -0.4% 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/oman/suriname | CC BY

Over the past 28 years, Oman has recorded an average annual inflation rate of 1.72%, compared with 24.9% in Suriname. In 2024, inflation was 0.6% in Oman and 16.2% in Suriname.

Top exports between countries

Oman
Export category Export value
Chemicals & pharma $659K
Animal & marine products $22K
Processed food, beverages & tobacco $19K
Miscellaneous $3K
Suriname
Export category Export value

Balance of trade

Oman Suriname
Current account balance
$3.07B
2024
$9.31M
2024
Current account balance ranking
39/190
2024
76/190
2024
Current account balance, % of GDP
+2.86%
2024
+0.21%
2024
Goods imports
$39.5B
2024
$1.65B
2024
Goods exports
$65.2B
2024
$2.58B
2024
Service imports
$12.8B
2024
$921M
2024
Service exports
$5.64B
2024
$211M
2024
Imports of goods and services, % of GDP
48.8%
2024
38.4%
2010
Exports of goods and services, % of GDP
66.1%
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.

Oman Suriname
Economic freedom 68.5 53
Economic freedom ranking 45/197 143/197
Property rights 71.8 40.5
Government integrity 49.4 41
Judicial effectiveness 28 46.5
Tax burden 97.6 69.1
Government spending 74.7 74.3
Fiscal health 97.5 76.6
Business freedom 67.8 56.9
Labor freedom 47.7 69
Monetary freedom 79.2 56.4
Trade freedom 78.4 65.2
Investment freedom 70 20
Financial freedom 60 20

Economic freedom comparison by year

Oman
Suriname
1x
Year Economic freedom index
Oman Suriname
2026 68.5 53
2025 65.4 50.9
2024 62.9 46.7
2023 58.5 46.1
2022 56.6 48.1
2021 64.6 46.4
2020 63.6 49.5
2019 61 48.1
2018 61 48.1
2017 62.1 48
2016 67.1 53.8
2015 66.7 54.2
2014 67.4 54.2
2013 68.1 52
2012 67.9 52.6
2011 69.8 53.1
2010 67.7 52.5
2009 67 54.1
2008 67.3 54.3
2007 65.8 54.8
2006 63.7 55.1
2005 66.5 51.9
2004 66.9 47.9
2003 64.6 46.9
2002 64 48
2001 67.7 44.3
2000 64.1 45.8
1999 64.9 40.1
1998 64.9 39.9
1997 64.5 35.9
1996 65.4 36.7
1995 70.2 -

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

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

The Economic Freedom Index for Oman is 68.5, ranking 45/197, compared to 53 for Suriname, ranking 143/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Oman Suriname
Services, % of GDP
46%
2024
50.8%
2024
Industry, % of GDP
54.2%
2024
35.1%
2024
Agriculture, forestry, and fishing, % of GDP
2.6%
2024
6.77%
2024
GNI, Atlas method
$103B
2024
$3.61B
2024
GNI per capita, PPP
$39,340
2024
$20,000
2024
Total reserves including gold
$18.3B
2024
$1.63B
2024
Total reserves ranking
64/177
2024
132/177
2024
Net foreign direct investment
-$12.6B
2024
$26.5M
2024
Net inflows of foreign direct investment
$12.5B
2024
-$37.6M
2024
Net outflows of foreign direct investment
-$143M
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI n/a
20.5%
2023
Poverty at national poverty lines n/a
70%
2020
Gross capital formation, % of GDP
24.8%
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/oman/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 (2022–2023, 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.