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South Korea vs Suriname: Economic Indicators Comparison

South Korea with a GDP of $1.6T ranked the 12th largest economy in the world, while Suriname ranked 163rd with $3.6B. By GDP 5-years average growth and GDP per capita, South Korea and Suriname ranked 93rd vs 174th and 33rd vs 99th, respectively.

Gross Domestic Product & Income

StatSouth KoreaSuriname
GDP$1.6T$3.6B
GDP growth, 1 year2.7%2%
GDP growth, 5-years average3%-1%
Population51.1M539k
GDP per capita$31k$6.2k
GDP per capita growth2.33%0.93%
Purchasing Power Parity conversion factor860.513
Price level ratio of PPP conversion factor GDP to market exchange rate0.780.4
GDP per capita, PPP adjusted$41k$15k
GNI, Atlas method$1.6T$3B
GNI per capita$31k$5.2k
GNI, PPP adjusted$2.1T$8B
GNI per capita, PPP adjusted$40k$14k

Financial system and Human development

StatSouth KoreaSuriname
Income Tax Rate42%38%
Corporate Tax Rate25%36%
Inflation, consumer prices1.5%6.9%
Inflation, GDP deflator0.3%14.4%
Unemployment3.8%7.6%
Economic Freedom Index7449.5
Personal Freedom Index8.847.79
Human Freedom Index8.157.19
Property Rights Index82.545.6
Judical Effectiveness Index6119.5
Business Freedom Index90.548.2
Fiscal Health Index96.710.3
Labor Freedom Index56.271.9
Investment Freedom Index7040
Financial Freedom Index7030
Trade Freedom Index8069.8
Monetary Freedom Index82.176.1
Government Spending Index67.774.8
Tax Burden Index63.970.5
Government Integrity Index67.536.9
Corruption Perceptions Index5743
Life expectancy at birth, years82.671.5
Suicide mortality rate, per 100,000 people26.922.8
Mortality caused by road traffic injury, per 100,000 people9.814.5
Intentional homicides, per 100,000 people0.65.5
International tourism, number of arrivals15.3M278k

Government debt & reserves

StatSouth KoreaSuriname
Central government debt, % of GDP40.7%69.6%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI20.1%22.9%
Gross savings, % of GDP34.7%50.3%
Gross capital formation, % of GDP30.2%36.2%
Total reserves including gold$403.1B$580.8M
Foreign direct investment net inflows$14.5B$131M

Exports, imports and economic structure

StatSouth KoreaSuriname
Exports of goods and services, % of GDP44%52.5%
Imports of goods and services, % of GDP39%38.4%
Current account balance (balance of payments)$76.4B-$118M
Revenue excluding grants, % of GDP27.8%N/A
Grants excluding technical cooperation, BoP$6.7M$16.4M
Personal remittances received$7.1B$519k
Industry including construction value added, % of GDP35.1%36.2%
Agriculture, forestry and fishing value added, % of GDP2%9%
Charges for the use of intellectual property, payments BoP$9.9B$8.6M
Charges for the use of intellectual property, receipts BoP$7.8B$75k
Expense, % of GDP25.4%N/A
Government Expenditure, % of GDP32.8%29%

Compare with countries close by GDP per capita

South Korea vs

CountryGDP
per capita
Population
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.6M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.44M
Saint Kitts and Nevis
$19k
54.2k

Suriname vs

CountryGDP
per capita
Population
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M