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Suriname's economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Suriname ranked 164/197 by economy size with a GDP of $4.71B and 101/197 by GDP per capita at $7,431. Suriname has $4.11B in government debt, with a debt-to-GDP ratio of 86.6%.

In 2025, Suriname made up 0.004% of the world's economy, compared to 0.007% in 1960.

The chart below shows GDP in nominal terms, GDP adjusted for inflation (in constant dollars), and a bar chart of year-over-year inflation-adjusted growth.

GDP, current $
GDP, constant 2015 $
GDP growth
Year GDP GDP growth
Current $ Constant $
1960 $99,650,000 $1,039,858,389 -
1961 $107,700,000 $1,089,771,592 8.08%
1962 $116,150,000 $1,132,272,684 7.85%
1963 $125,950,000 $1,195,679,954 8.44%
1964 $134,400,000 $1,273,399,151 6.71%
1965 $154,150,000 $1,426,207,049 14.7%
1966 $190,350,000 $1,700,038,803 23.5%
1967 $220,700,000 $1,905,743,498 15.9%
1968 $241,350,000 $2,050,580,004 9.36%
1969 $259,650,000 $2,142,856,104 7.58%
1970 $274,900,000 $2,200,713,219 5.87%
1971 $301,000,000 $2,286,541,034 9.49%
1972 $311,950,000 $2,272,821,788 3.64%
1973 $339,450,000 $2,231,910,996 8.82%
1974 $409,850,000 $2,240,838,640 20.7%
1975 $465,500,000 $2,303,582,122 13.6%
1976 $505,500,000 $2,506,297,349 8.59%
1977 $641,500,000 $2,761,939,678 26.9%
1978 $735,500,000 $2,944,227,697 14.7%
1979 $782,500,000 $2,926,562,331 6.39%
1980 $795,000,000 $2,669,024,846 1.6%
1981 $889,000,000 $2,858,525,610 11.8%
1982 $915,000,000 $2,738,467,534 2.92%
1983 $883,500,000 $2,631,667,300 -3.44%
1984 $864,000,000 $2,581,665,621 -2.21%
1985 $873,000,000 $2,633,298,934 1.04%
1986 $891,000,000 $2,654,365,325 2.06%
1987 $980,000,000 $2,489,794,675 9.99%
1988 $1,161,000,000 $2,683,998,660 18.5%
1989 $542,600,000 $2,796,726,603 -53.3%
1990 $388,400,000 $2,670,873,906 -28.4%
1991 $448,100,000 $2,742,987,479 15.4%
1992 $404,600,000 $2,753,959,429 -9.71%
1993 $428,764,706 $2,569,444,198 5.97%
1994 $605,492,537 $2,656,805,273 41.2%
1995 $691,590,498 $2,656,805,273 14.2%
1996 $861,372,806 $2,683,373,358 24.5%
1997 $926,422,500 $2,836,325,577 7.55%
1998 $1,110,850,000 $2,901,561,112 19.9%
1999 $886,290,698 $2,860,939,243 -20.2%
2000 $947,671,970 $2,921,018,935 6.93%
2001 $834,279,358 $3,043,701,742 -12%
2002 $1,093,574,468 $3,128,925,412 31.1%
2003 $1,274,190,311 $3,326,047,695 16.5%
2004 $1,484,092,538 $3,608,761,755 16.5%
2005 $1,793,410,397 $3,771,156,042 20.8%
2006 $2,626,380,435 $3,989,639,611 46.4%
2007 $2,936,612,022 $4,193,569,552 11.8%
2008 $3,532,969,035 $4,367,326,198 20.3%
2009 $3,875,409,836 $4,498,944,264 9.69%
2010 $4,368,370,998 $4,731,486,826 12.7%
2011 $4,422,276,622 $5,008,248,887 1.23%
2012 $4,980,000,000 $5,142,988,298 12.6%
2013 $5,145,757,576 $5,293,854,859 3.33%
2014 $5,240,606,061 $5,307,380,819 1.84%
2015 $5,126,237,646 $5,126,237,646 -2.18%
2016 $3,317,421,648 $4,874,454,256 -35.3%
2017 $3,591,679,431 $4,950,790,054 8.27%
2018 $3,996,198,867 $5,195,768,566 11.3%
2019 $4,016,040,575 $5,256,433,829 0.5%
2020 $2,911,807,496 $4,416,708,447 -27.5%
2021 $3,107,923,198 $4,309,144,555 6.74%
2022 $3,791,603,200 $4,412,832,155 22%
2023 $3,455,146,281 $4,524,898,973 -8.87%
2024 $4,714,267,822 $4,653,387,372 36.4%

Economic Statistics of Suriname

Suriname Rank
Gross domestic product
$4.71B
2024
164/197
GDP growth
36.4%
2023-2024
2/196
GDP per capita
$7,431
2024
101/197
GDP per capita, PPP
$22,067
2024
87/197
Government debt
$4.11B
2024
149/185
Debt-to-GDP ratio
86.6%
2025
37/185
Government debt per person
$6,481
2024
71/185
Average annual personal income after taxes
$3,252
2025
138/197
Income share by richest 10%
30.1%
2022
58/169
Income share by poorest 10%
2.2%
2022
124/169
Government expenditure, % of GDP
29.2%
2025
103/195
Consumer prices inflation
16.2%
2023-2024
19/195
Central bank interest rate
10%
2013
25/105
Unemployment rate
7.92%
2016
56/196
Population
644193
165/197

Suriname's GDP per capita

Suriname has a GDP per capita of $7,431, ranking 101/197, a GDP per capita based on purchasing power parity (PPP) of $22,067, ranking 87/197, and a median annual after tax income of $3,252, ranking 138/197.

GDP per capita
GDP per capita, PPP
Year Current $
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 $2,469 -
1988 $2,886 -
1989 $1,329 -
1990 $942 $6,493
1991 $1,080 $6,852
1992 $969 $6,992
1993 $1,022 $6,650
1994 $1,434 $6,973
1995 $1,610 $7,000
1996 $1,963 $7,048
1997 $2,068 $7,422
1998 $2,429 $7,521
1999 $1,898 $7,367
2000 $1,988 $7,535
2001 $1,715 $7,865
2002 $2,202 $8,046
2003 $2,516 $8,552
2004 $2,888 $9,389
2005 $3,453 $10,014
2006 $5,003 $10,803
2007 $5,530 $11,530
2008 $6,576 $12,097
2009 $7,130 $12,393
2010 $7,944 $13,039
2011 $7,950 $13,926
2012 $8,851 $15,185
2013 $9,043 $16,173
2014 $9,108 $16,598
2015 $8,814 $16,544
2016 $5,644 $14,475
2017 $6,050 $17,568
2018 $6,666 $17,855
2019 $6,630 $19,772
2020 $4,755 $16,947
2021 $5,030 $18,458
2022 $6,084 $20,079
2023 $5,494 $21,136
2024 $7,431 $22,067

Suriname's government spending, deficit, and chart

This chart shows Suriname's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 36 years, Suriname recorded a fiscal deficit in 28 years — average annual deficit equal to -3.28% of GDP. In 2024, government spending reached $1.38B (29.2% of GDP), with a deficit of -1.18%.

The national debt reached $4.11B, ranking 149th out of 185 countries by total size, with a debt-to-GDP ratio of 86.6%, ranking 37th.

Government spending
Government debt
Deficit/surplus
Year % of GDP
Government spending Government debt Government deficit/surplus
1990 22.7% 72.9% -3.04%
1991 26.6% 75.7% -9.8%
1992 24.4% 64.4% -6.45%
1993 21.2% 51.1% -4.68%
1994 19.8% 30.5% -1.89%
1995 20.2% 16.3% 1.17%
1996 21.4% 11.8% 3.42%
1997 21.1% 16.8% -0.32%
1998 30.3% 21.6% -6.39%
1999 19.6% 32.3% -4.92%
2000 24.4% 48.4% -7.76%
2001 21.8% 37.2% 3.49%
2002 22.2% 37.4% -3.3%
2003 19.2% 31.5% -0.11%
2004 20.8% 29.4% -1.2%
2005 22.2% 27.1% -3.39%
2006 22.2% 22.5% 0.59%
2007 22.6% 16.4% 5.01%
2008 20.5% 14.8% 2.39%
2009 24% 14.6% 2.03%
2010 21% 17.3% -0.15%
2011 21% 18.7% 2.32%
2012 26.7% 20.1% -1.97%
2013 26.9% 27.9% -3.33%
2014 27.2% 25.2% -4.69%
2015 29.1% 41.2% -7.55%
2016 27.1% 75.4% -9.34%
2017 27.2% 73% -7.08%
2018 26.2% 68.6% -5.25%
2019 40.5% 84% -20.2%
2020 30.2% 146.4% -12%
2021 32.1% 115.8% -5.69%
2022 29.5% 116.9% -2.69%
2023 29% 98.2% -1.68%
2024 29.2% 87.2% -2.43%
2025 29.2% 86.6% -1.18%

Inflation rate by year

Over the past 18 years, Suriname has had an average annual inflation rate of 20.9%. In 2024, inflation was 16.2%. The bar chart below shows consumer price inflation by year.

Year Inflation
1960 2.86%
1961 1.71%
1962 2.1%
1963 2.06%
1964 4.23%
1965 1.93%
1966 4.74%
1967 10.7%
1968 0.16%
1969 11.3%
1970 2.59%
1971 0.22%
1972 3.23%
1973 12.9%
1974 16.9%
1975 8.45%
1976 10.1%
1977 9.73%
1978 8.82%
1979 14.8%
1980 14.1%
1981 8.79%
1982 7.28%
1983 4.41%
1984 3.69%
1985 10.9%
1986 18.7%
1987 53.4%
1988 7.31%
1989 0.77%
1990 21.7%
1991 26%
1992 43.7%
1993 143.5%
1994 368%
1995 235.6%
1996 -0.7%
1997 7.15%
1998 19%
1999 98.8%
2000 59.4%
2001 38.6%
2002 15.5%
2003 23%
2004 9.99%
2005 9.9%
2006 11.3%
2007 6.43%
2008 14.7%
2009 -0.13%
2010 6.94%
2011 17.7%
2012 5.01%
2013 1.92%
2014 3.38%
2015 6.89%
2016 55.4%
2017 22%
2018 -
2019 -
2020 34.9%
2021 59.1%
2022 52.4%
2023 51.6%
2024 16.2%

Balance of trade

Suriname Rank
Current account balance
$9.31M
2024
72/189
Current account balance, % of GDP
+0.2%
2024
71/189
Goods imports
$1.65B
2024
156/188
Goods exports
$2.58B
2024
134/188
Service imports
$921M
2024
150/188
Service exports
$211M
2024
161/188
Imports of goods and services, % of GDP
38.4%
2010
104/180
Exports of goods and services, % of GDP
52.5%
2010
50/193

Suriname's top 10 trading partners

Suriname's biggest trading partner accounting for 24.3%% of all exports and imports is the United States, with a trade balance between the two of -$352M — Suriname exports $42.9M worth of goods and services to the United States and imports $394M.

Below is the list of the top 10 trade partners of Suriname.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 United States $437M 24.3% $42.9M $394M Machinery & equipment Machinery & equipment
2 China $245M 13.6% $5.52M $240M Processed food, beverages & tobacco Machinery & equipment
3 Netherlands $216M 12% $11.3M $205M Processed food, beverages & tobacco Machinery & equipment
4 Trinidad $93.9M 5.21% $11.1M $82.9M Raw materials & minerals Processed food, beverages & tobacco
5 Antigua $75.4M 4.18% $9.14M $66.2M Raw materials & minerals Raw materials & minerals
6 Japan $66.5M 3.69% $1.19M $65.3M Animal & marine products Machinery & equipment
7 Brazil $51.6M 2.87% $1.67M $50M Animal & marine products Processed food, beverages & tobacco
8 Saint Lucia $41.8M 2.32% $40K $41.8M Chemicals & pharma Raw materials & minerals
9 Spain $36.5M 2.03% $147K $36.4M Machinery & equipment Raw materials & minerals
10 Germany $35.5M 1.97% $388K $35.1M Raw materials & minerals Machinery & equipment

Suriname's top 10 exports

Suriname Rank
Precious metals & jewellery $1.01B 64/190
Raw materials & minerals $118M 148/193
Business & finance services $86M 128/188
Wood & paper products $81.7M 101/192
Machinery & equipment $80.7M 134/193
Processed food, beverages & tobacco $73.8M 135/192
Transport & tourism services $59.1M 167/188
Animal & marine products $49.6M 120/192
Raw agricultural goods $33.5M 134/193
Metals $19.8M 146/192

Suriname's top 10 imports

Suriname Rank
Machinery & equipment $692M 150/193
Raw materials & minerals $351M 157/193
Business & finance services $328M 126/188
Transport & tourism services $208M 163/188
Processed food, beverages & tobacco $182M 157/193
Chemicals & pharma $153M 161/193
Metals $137M 153/193
Textiles & consumer goods $95M 164/193
Manufacturing & construction services $54.3M 96/163
Animal & marine products $46.3M 158/193

Economic freedom indices

Suriname Rank
Economic freedom 50.9 161/197
Property rights 42.1 116/182
Government integrity 39.7 116/182
Judicial effectiveness 43.1 116/182
Tax burden 69.1 153/181
Government spending 74 87/180
Fiscal health 66.1 101/181
Business freedom 57.6 114/182
Labor freedom 69 17/182
Monetary freedom 44.1 170/180
Trade freedom 65.4 127/181
Investment freedom 20 167/181
Financial freedom 20 171/181

Suriname's economic freedom by year

Suriname is ranked 147/180 for economic freedom with a score of 50.9, compared to 128/163 and a score of 51.9 in 2005.

Economic freedom
Judicial effectiveness
Tax burden
Government spending
Fiscal health
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
1996 36.7 - 49.5 45.8 -
1997 35.9 - 41.7 61.1 -
1998 39.9 - 60.6 48.6 -
1999 40.1 - 69.6 13.8 -
2000 45.8 - 69.6 56.7 -
2001 44.3 - 63.8 78.1 -
2002 48 - 65.7 65.3 -
2003 46.9 - 67.3 48.1 -
2004 47.9 - 61.4 62.2 -
2005 51.9 - 66.6 70 -
2006 55.1 - 64.5 76.6 -
2007 54.8 - 67.8 75.6 -
2008 54.3 - 68 72.8 -
2009 54.1 - 67.7 75.5 -
2010 52.5 - 66.9 77.8 -
2011 53.1 - 68.1 80.3 -
2012 52.6 - 63.2 67.5 -
2013 52 - 71.6 72.5 -
2014 54.2 - 69 78.3 -
2015 54.2 - 69.3 73.8 -
2016 53.8 - 69.4 70.3 -
2017 48 15.4 70.1 69.6 16.2
2018 48.1 21.4 71.4 76.4 11.7
2019 48.1 22.2 70.9 77.2 9.6
2020 49.5 19.5 70.5 74.8 10.3
2021 46.4 15.4 70 68.2 7.8
2022 48.1 45.8 70.2 66.6 0
2023 46.1 38.6 70.8 61.4 0
2024 46.7 45.4 70.8 69.8 0
2025 50.9 43.1 69.1 74 66.1

More economic indicators

Suriname Rank
Services, % of GDP
48.3%
2023
142/191
Industry, % of GDP
39.9%
2023
19/194
Agriculture, forestry, and fishing, % of GDP
7.47%
2023
87/193
GNI, Atlas method
$3.72B
2024
164/194
GNI per capita, PPP
$20,350
2024
89/191
Total reserves including gold
$1.63B
2024
132/177
Net foreign direct investment
$26.5M
2024
33/188
Net inflows of foreign direct investment
-$37.6M
2024
177/193
Net outflows of foreign direct investment
-$11.1M
2024
170/187
Servicing debt to the IMF, % of GNI
20.6%
2023
5/119
Poverty at national poverty lines
70%
2020
2/176
Gross capital formation, % of GDP
36.2%
2010
13/176

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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.