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Economy of Romania vs Suriname compared: GDP & Debt

Updated on by Georank team

Romania has a GDP of $383B compared to $4.71B for Suriname, ranking 43/197 and 164/197 by economy size, respectively.

Romania has $219B in government debt (61.6% of GDP), compared to $4.11B (86.6% of GDP) in Suriname.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Romania
GDP, current $

GDP, constant 2015 $
Suriname
GDP, current $

GDP, constant 2015 $
Year GDP
Romania Suriname
Current $ Constant $ Current $ Constant $
1960 - - $99,650,000 $1,039,858,389
1961 - - $107,700,000 $1,089,771,592
1962 - - $116,150,000 $1,132,272,684
1963 - - $125,950,000 $1,195,679,954
1964 - - $134,400,000 $1,273,399,151
1965 - - $154,150,000 $1,426,207,049
1966 - - $190,350,000 $1,700,038,803
1967 - - $220,700,000 $1,905,743,498
1968 - - $241,350,000 $2,050,580,004
1969 - - $259,650,000 $2,142,856,104
1970 - - $274,900,000 $2,200,713,219
1971 - - $301,000,000 $2,286,541,034
1972 - - $311,950,000 $2,272,821,788
1973 - - $339,450,000 $2,231,910,996
1974 - - $409,850,000 $2,240,838,640
1975 - - $465,500,000 $2,303,582,122
1976 - - $505,500,000 $2,506,297,349
1977 - - $641,500,000 $2,761,939,678
1978 - - $735,500,000 $2,944,227,697
1979 - - $782,500,000 $2,926,562,331
1980 - - $795,000,000 $2,669,024,846
1981 - - $889,000,000 $2,858,525,610
1982 - - $915,000,000 $2,738,467,534
1983 - - $883,500,000 $2,631,667,300
1984 - - $864,000,000 $2,581,665,621
1985 - - $873,000,000 $2,633,298,934
1986 - - $891,000,000 $2,654,365,325
1987 $38,067,567,568 - $980,000,000 $2,489,794,675
1988 $40,424,528,302 - $1,161,000,000 $2,683,998,660
1989 $41,450,777,202 - $542,600,000 $2,796,726,603
1990 $38,247,882,300 $116,460,149,705 $388,400,000 $2,670,873,906
1991 $28,850,634,900 $101,415,582,149 $448,100,000 $2,742,987,479
1992 $25,121,666,667 $92,524,246,376 $404,600,000 $2,753,959,429
1993 $26,361,160,450 $93,938,788,973 $428,764,706 $2,569,444,198
1994 $30,072,805,104 $97,632,408,356 $605,492,537 $2,656,805,273
1995 $37,430,162,103 $103,718,335,743 $691,590,498 $2,656,805,273
1996 $36,937,074,278 $107,771,339,314 $861,372,806 $2,683,373,358
1997 $35,575,214,078 $102,545,439,457 $926,422,500 $2,836,325,577
1998 $41,696,091,974 $100,463,958,893 $1,110,850,000 $2,901,561,112
1999 $35,953,156,754 $100,085,550,636 $886,290,698 $2,860,939,243
2000 $37,253,739,511 $102,548,872,692 $947,671,970 $2,921,018,935
2001 $40,395,116,581 $107,900,062,083 $834,279,358 $3,043,701,742
2002 $46,065,502,703 $114,053,593,614 $1,093,574,468 $3,128,925,412
2003 $57,806,384,143 $116,723,756,275 $1,274,190,311 $3,326,047,695
2004 $74,973,656,852 $128,895,841,499 $1,484,092,538 $3,608,761,755
2005 $98,454,380,120 $134,912,890,211 $1,793,410,397 $3,771,156,042
2006 $122,023,735,993 $145,744,791,283 $2,626,380,435 $3,989,639,611
2007 $174,588,782,939 $156,287,689,281 $2,936,612,022 $4,193,569,552
2008 $214,315,932,061 $170,834,114,653 $3,532,969,035 $4,367,326,198
2009 $174,110,532,659 $161,409,698,529 $3,875,409,836 $4,498,944,264
2010 $170,064,350,672 $155,105,339,844 $4,368,370,998 $4,731,486,826
2011 $192,623,977,894 $162,078,238,595 $4,422,276,622 $5,008,248,887
2012 $179,117,323,107 $165,163,587,446 $4,980,000,000 $5,142,988,298
2013 $189,798,603,751 $165,624,017,080 $5,145,757,576 $5,293,854,859
2014 $199,722,319,676 $172,441,103,432 $5,240,606,061 $5,307,380,819
2015 $177,885,131,240 $177,885,131,240 $5,126,237,646 $5,126,237,646
2016 $185,290,759,249 $182,972,525,962 $3,317,421,648 $4,874,454,256
2017 $210,147,385,855 $197,967,999,561 $3,591,679,431 $4,950,790,054
2018 $243,468,683,030 $210,085,482,251 $3,996,198,867 $5,195,768,566
2019 $251,677,082,534 $218,327,690,029 $4,016,040,575 $5,256,433,829
2020 $252,033,792,712 $210,305,491,426 $2,911,807,496 $4,416,708,447
2021 $286,578,196,368 $221,968,423,308 $3,107,923,198 $4,309,144,555
2022 $296,354,358,293 $230,770,154,207 $3,791,603,200 $4,412,832,155
2023 $350,775,856,415 $236,318,495,899 $3,455,146,281 $4,524,898,973
2024 $382,767,571,329 $238,241,389,260 $4,714,267,822 $4,653,387,372

Economic indicators

Romania Suriname
Gross domestic product
$383B
2024
$4.71B
2024
GDP rank
43/197
2024
164/197
2024
GDP growth
9.12%
2023-2024
36.4%
2023-2024
GDP per capita
$20,072
2024
$7,431
2024
GDP per capita rank
58/197
2024
101/197
2024
GDP per capita, PPP
$48,712
2024
$22,067
2024
Government debt
$219B
2024
$4.11B
2024
Debt-to-GDP ratio
61.6%
2025
86.6%
2025
Government debt per person
$11,490
2024
$6,481
2024
Government debt per person rank
49/185
2024
71/185
2024
Average annual personal income after taxes
$13,200
2025
$3,252
2025
Market capitalization of domestic companies
$47.4B
2024
n/a
Number of billionaires
6
2025
n/a
Income share by richest 10%
21.8%
2023
30.1%
2022
Income share by poorest 10%
2.4%
2023
2.2%
2022
Government expenditure, % of GDP
39.2%
2025
29.2%
2025
Consumer prices inflation
7.3%
2024-2025
16.2%
2023-2024
Central bank interest rate
6.5%
2024
10%
2013
Unemployment rate
5.43%
2024
7.92%
2016
Population
18962595
644193

GDP per capita in Romania vs Suriname

Romania's GDP per capita is $20,072, ranking 58/197, compared to $7,431 in Suriname, ranking 101/197. Adjusted for purchasing power (GDP per capita PPP), Romania ranks 46th at $48,712, while Suriname ranks 87th at $22,067.

Romania
GDP per capita

GDP per capita, PPP
Suriname
GDP per capita

GDP per capita, PPP
Year Current $
Romania Suriname
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $378 -
1961 - - $395 -
1962 - - $409 -
1963 - - $424 -
1964 - - $435 -
1965 - - $482 -
1966 - - $575 -
1967 - - $644 -
1968 - - $681 -
1969 - - $708 -
1970 - - $724 -
1971 - - $768 -
1972 - - $785 -
1973 - - $858 -
1974 - - $1,041 -
1975 - - $1,190 -
1976 - - $1,302 -
1977 - - $1,666 -
1978 - - $1,928 -
1979 - - $2,072 -
1980 - - $2,118 -
1981 - - $2,368 -
1982 - - $2,430 -
1983 - - $2,333 -
1984 - - $2,261 -
1985 - - $2,256 -
1986 - - $2,271 -
1987 $1,659 - $2,469 -
1988 $1,753 - $2,886 -
1989 $1,790 - $1,329 -
1990 $1,648 $5,277 $942 $6,493
1991 $1,254 $4,792 $1,080 $6,852
1992 $1,102 $4,512 $969 $6,992
1993 $1,158 $4,696 $1,022 $6,650
1994 $1,323 $4,992 $1,434 $6,973
1995 $1,650 $5,425 $1,610 $7,000
1996 $1,633 $5,744 $1,963 $7,048
1997 $1,577 $5,563 $2,068 $7,422
1998 $1,853 $5,544 $2,429 $7,521
1999 $1,600 $5,596 $1,898 $7,367
2000 $1,660 $5,849 $1,988 $7,535
2001 $1,825 $6,521 $1,715 $7,865
2002 $2,120 $7,162 $2,202 $8,046
2003 $2,679 $7,560 $2,516 $8,552
2004 $3,495 $8,991 $2,888 $9,389
2005 $4,618 $9,602 $3,453 $10,014
2006 $5,758 $11,557 $5,003 $10,803
2007 $8,360 $13,703 $5,530 $11,530
2008 $10,435 $16,782 $6,576 $12,097
2009 $8,548 $16,632 $7,130 $12,393
2010 $8,400 $17,357 $7,944 $13,039
2011 $9,561 $18,804 $7,950 $13,926
2012 $8,930 $19,807 $8,851 $15,185
2013 $9,498 $19,678 $9,043 $16,173
2014 $10,032 $20,633 $9,108 $16,598
2015 $8,977 $21,630 $8,814 $16,544
2016 $9,405 $23,905 $5,644 $14,475
2017 $10,728 $26,943 $6,050 $17,568
2018 $12,502 $29,586 $6,666 $17,855
2019 $12,992 $33,638 $6,630 $19,772
2020 $13,082 $34,386 $4,755 $16,947
2021 $14,987 $37,733 $5,030 $18,458
2022 $15,558 $42,218 $6,084 $20,079
2023 $18,404 $45,777 $5,494 $21,136
2024 $20,072 $48,712 $7,431 $22,067

Spending and national debt comparison

In 2024, Romania's government spending was $152B, accounting for 39.2% of its GDP, while Suriname's spent $1.38B, or 29.2% of GDP.

Debt-to-GDP ratio is 61.6% in Romania and 86.6% in Suriname, ranking 74/185 and 37/185, respectively.

Romania
Government spending

Government debt
Suriname
Government spending

Government debt
Year % of GDP
Romania Suriname
Government spending Government debt Government spending Government debt
1962 43.4% - - -
1963 23.1% - - -
1964 25.1% - - -
1965 25.6% - - -
1966 27.3% - - -
1967 30.6% - - -
1968 31.8% - - -
1969 32.1% - - -
1970 28.1% - - -
1971 27.2% - - -
1972 29.9% - - -
1973 32.6% - - -
1974 37.6% - - -
1975 40.6% - - -
1976 37.5% - - -
1977 39.9% - - -
1978 42.1% - - -
1979 42% - - -
1980 33.6% - - -
1981 30.4% - - -
1982 28.5% - - -
1983 25.8% - - -
1984 28.6% - - -
1985 41.6% - - -
1986 42.5% - - -
1987 40.7% - - -
1988 36.6% - - -
1989 40.1% - - -
1990 38.4% - 22.7% 72.9%
1991 38.3% - 26.6% 75.7%
1992 41.5% - 24.4% 64.4%
1993 33.5% - 21.2% 51.1%
1994 33.1% - 19.8% 30.5%
1995 34.4% 6.91% 20.2% 16.3%
1996 33.5% 11% 21.4% 11.8%
1997 33.5% 15% 21.1% 16.8%
1998 34.7% 16.5% 30.3% 21.6%
1999 35.1% 21.7% 19.6% 32.3%
2000 35% 29.6% 24.4% 48.4%
2001 33.2% 27.4% 21.8% 37.2%
2002 32.1% 27.4% 22.2% 37.4%
2003 31.8% 24.9% 19.2% 31.5%
2004 33.7% 21.3% 20.8% 29.4%
2005 32.3% 17.8% 22.2% 27.1%
2006 33.9% 12.7% 22.2% 22.5%
2007 34.6% 12.4% 22.6% 16.4%
2008 35.3% 13% 20.5% 14.8%
2009 36.3% 22.5% 24% 14.6%
2010 37.4% 30.2% 21% 17.3%
2011 35% 32.6% 21% 18.7%
2012 33.5% 36.2% 26.7% 20.1%
2013 34.2% 39.3% 26.9% 27.9%
2014 33.8% 40.5% 27.2% 25.2%
2015 34.2% 39.4% 29.1% 41.2%
2016 31.8% 39.5% 27.1% 75.4%
2017 31% 37.1% 27.2% 73%
2018 31.7% 36.2% 26.2% 68.6%
2019 33.2% 36.5% 40.5% 84%
2020 38.1% 49.3% 30.2% 146.4%
2021 37% 51.5% 32.1% 115.8%
2022 37.4% 51.7% 29.5% 116.9%
2023 36.6% 52.1% 29% 98.2%
2024 39.8% 57.2% 29.2% 87.2%
2025 39.2% 61.6% 29.2% 86.6%

Government deficit by year

In 2024, Romania's government deficit, the difference between spending and revenue, was -$33.1B, equivalent to -8.65% of GDP. This compares to Suriname's deficit of -$115M, or -2.43% of GDP.

Over the past 35 years, Romania recorded a fiscal deficit in 33 of those years, while Suriname ran a deficit in 27 years. On average, Romania posted an annual deficit equal to -3.55% of GDP, compared to deficit of -3.34% of GDP for Suriname.

Deficit/surplus
Romania

Suriname
Year Deficit/surplus, % of GDP
Romania Suriname
1962 -4.86% -
1963 -1.61% -
1964 -3.11% -
1965 -1.29% -
1966 0.91% -
1967 1.23% -
1968 1.65% -
1969 0.93% -
1970 0.52% -
1971 0.89% -
1972 1.21% -
1973 1.53% -
1974 0.51% -
1975 0.41% -
1976 0.66% -
1977 0.23% -
1978 0% -
1979 0% -
1980 -1.95% -
1981 0.61% -
1982 0.36% -
1983 9.35% -
1984 15.2% -
1985 6.36% -
1986 5.72% -
1987 2.37% -
1988 8.4% -
1989 -2.87% -
1990 1.03% -3.04%
1991 3.23% -9.8%
1992 -4.55% -6.45%
1993 -0.35% -4.68%
1994 -2.2% -1.89%
1995 -3.32% 1.17%
1996 -4.74% 3.42%
1997 -5.19% -0.32%
1998 -5.33% -6.39%
1999 -3.58% -4.92%
2000 -3.99% -7.76%
2001 -3.2% 3.49%
2002 -2.59% -3.3%
2003 -2.29% -0.11%
2004 -3.39% -1.2%
2005 -0.69% -3.39%
2006 -1.36% 0.59%
2007 -3.05% 5.01%
2008 -4.6% 2.39%
2009 -6.86% 2.03%
2010 -6.22% -0.15%
2011 -4.14% 2.32%
2012 -2.39% -1.97%
2013 -2.44% -3.33%
2014 -1.76% -4.69%
2015 -1.35% -7.55%
2016 -2.5% -9.34%
2017 -2.86% -7.08%
2018 -2.74% -5.25%
2019 -4.55% -20.2%
2020 -9.54% -12%
2021 -6.7% -5.69%
2022 -5.83% -2.69%
2023 -5.61% -1.68%
2024 -8.65% -2.43%
2025 -7.83% -1.18%

Inflation comparison by year

Over the past 29 years, Romania has recorded an average annual inflation rate of 18.2%, compared with 23.9% in Suriname. In 2024, inflation was 7.3% in Romania and 16.2% in Suriname.

Inflation
Romania

Suriname
Year Inflation
Romania Suriname Romania Suriname
1996 38.8% -0.7%
1997 154.8% 7.15%
1998 59.1% 19%
1999 45.8% 98.8%
2000 45.7% 59.4%
2001 34.5% 38.6%
2002 22.5% 15.5%
2003 15.4% 23%
2004 11.9% 9.99%
2005 9% 9.9%
2006 6.6% 11.3%
2007 4.8% 6.43%
2008 7.8% 14.7%
2009 5.6% -0.13%
2010 6.1% 6.94%
2011 5.8% 17.7%
2012 3.3% 5.01%
2013 4% 1.92%
2014 1.1% 3.38%
2015 -0.6% 6.89%
2016 -1.6% 55.4%
2017 1.3% 22%
2018 4.6% -
2019 3.8% -
2020 2.6% 34.9%
2021 5% 59.1%
2022 13.8% 52.4%
2023 10.4% 51.6%
2024 5.6% 16.2%
2025 7.3% -

Top exports between countries

Romania
Export category Export value
Raw materials & minerals $39K
Wood & paper products $31K
Processed food, beverages & tobacco $26K
Raw agricultural goods $25K
Machinery & equipment $23K
Textiles & consumer goods $18K
Chemicals & pharma $4K
Metals $4K
Suriname
Export category Export value
Machinery & equipment $8K
Raw agricultural goods $5K
Processed food, beverages & tobacco $2K

Balance of trade

Romania Suriname
Current account balance
-$32B
2024
$9.31M
2024
Current account balance ranking
184/189
2024
72/189
2024
Current account balance, % of GDP
-8.36%
2024
+0.2%
2024
Goods imports
$129B
2024
$1.65B
2024
Goods exports
$93.3B
2024
$2.58B
2024
Service imports
$30.6B
2024
$921M
2024
Service exports
$42.9B
2024
$211M
2024
Imports of goods and services, % of GDP
41.7%
2024
38.4%
2010
Exports of goods and services, % of GDP
35.6%
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.

Romania Suriname
Economic freedom 66.5 50.9
Economic freedom ranking 57/197 161/197
Property rights 81.7 42.1
Government integrity 49.1 39.7
Judicial effectiveness 67 43.1
Tax burden 93.7 69.1
Government spending 59.1 74
Fiscal health 36.1 66.1
Business freedom 75.1 57.6
Labor freedom 67.8 69
Monetary freedom 69.2 44.1
Trade freedom 79.6 65.4
Investment freedom 70 20
Financial freedom 50 20

Economic freedom by year comparison

The Economic Freedom Index for Romania is 66.5, ranking 57/197, compared to 50.9 for Suriname, ranking 161/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Romania
Suriname
Year Economic freedom index
Romania Suriname
1995 42.9 -
1996 46.2 36.7
1997 50.8 35.9
1998 54.4 39.9
1999 50.1 40.1
2000 52.1 45.8
2001 50 44.3
2002 48.7 48
2003 50.6 46.9
2004 50 47.9
2005 52.1 51.9
2006 58.2 55.1
2007 61.2 54.8
2008 61.7 54.3
2009 63.2 54.1
2010 64.2 52.5
2011 64.7 53.1
2012 64.4 52.6
2013 65.1 52
2014 65.5 54.2
2015 66.6 54.2
2016 65.6 53.8
2017 69.7 48
2018 69.4 48.1
2019 68.6 48.1
2020 69.7 49.5
2021 69.5 46.4
2022 67.1 48.1
2023 64.5 46.1
2024 64.4 46.7
2025 66.5 50.9

More economic indicators

Romania Suriname
Services, % of GDP
62.5%
2024
48.3%
2023
Industry, % of GDP
25%
2024
39.9%
2023
Agriculture, forestry, and fishing, % of GDP
3.28%
2024
7.47%
2023
GNI, Atlas method
$336B
2024
$3.72B
2024
GNI per capita, PPP
$47,420
2024
$20,350
2024
Total reserves including gold
$73.4B
2024
$1.63B
2024
Total reserves ranking
35/177
2024
132/177
2024
Net foreign direct investment
-$6.21B
2024
$26.5M
2024
Net inflows of foreign direct investment
$7.35B
2024
-$37.6M
2024
Net outflows of foreign direct investment
$1.15B
2024
-$11.1M
2024
Servicing debt to the IMF, % of GNI
n/a
20.6%
2023
Poverty at national poverty lines
19%
2023
70%
2020
Gross capital formation, % of GDP
24.3%
2024
36.2%
2010

GDP per capita map

GDP per capita

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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.