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Economy of Suriname vs Thailand compared: GDP & Debt

Updated on by Georank team

Suriname has a GDP of $4.42B compared to $527B for Thailand, ranking 164/197 and 31/197 by economy size, respectively.

Suriname has $3.86B in government debt (87.3% of GDP), compared to $333B (63.2% of GDP) in Thailand.

Suriname vs Thailand GDP by year

Suriname
Thailand
1x
Year GDP, current $
Suriname Thailand
2024 $4,416,775,112 $526,517,658,842
2023 $3,472,693,412 $515,906,283,941
2022 $3,791,603,200 $495,644,697,588
2021 $3,107,923,198 $506,194,668,790
2020 $2,911,807,496 $500,461,898,480
2019 $4,016,040,575 $543,976,691,794
2018 $3,996,198,867 $506,754,208,404
2017 $3,591,679,431 $456,356,813,537
2016 $3,317,421,648 $413,366,349,748
2015 $5,126,237,646 $401,296,238,228
2014 $5,240,606,061 $407,339,040,198
2013 $5,145,757,576 $420,333,654,593
2012 $4,980,000,000 $397,558,325,279
2011 $4,422,276,622 $370,818,739,624
2010 $4,368,370,998 $341,104,766,329
2009 $3,875,409,836 $281,710,630,187
2008 $3,532,969,035 $291,382,982,431
2007 $2,936,612,022 $262,942,621,455
2006 $2,626,380,435 $221,758,296,022
2005 $1,793,410,397 $189,318,408,469
2004 $1,484,092,538 $172,895,685,155
2003 $1,274,190,311 $152,280,615,246
2002 $1,093,574,468 $134,300,904,400
2001 $834,279,358 $120,296,476,180
2000 $947,671,970 $126,392,224,254
1999 $886,290,698 $126,669,211,779
1998 $1,110,850,000 $113,675,596,788
1997 $926,422,500 $150,180,456,566
1996 $861,372,806 $183,035,237,429
1995 $691,590,498 $169,278,916,593
1994 $605,492,537 $146,683,778,959
1993 $428,764,706 $128,889,262,951
1992 $404,600,000 $111,452,746,518
1991 $448,100,000 $98,234,714,971
1990 $388,400,000 $85,343,190,719
1989 $542,600,000 $72,250,748,100
1988 $1,161,000,000 $61,667,253,471
1987 $980,000,000 $50,535,446,555
1986 $891,000,000 $43,096,773,981
1985 $873,000,000 $38,900,711,333
1984 $864,000,000 $41,797,647,776
1983 $883,500,000 $40,042,798,388
1982 $915,000,000 $36,589,772,404
1981 $889,000,000 $34,846,039,194
1980 $795,000,000 $32,353,514,989
1979 $782,500,000 $27,371,650,825
1978 $735,500,000 $24,006,566,637
1977 $641,500,000 $19,779,312,261
1976 $505,500,000 $16,985,208,648
1975 $465,500,000 $14,882,770,594
1974 $409,850,000 $13,702,998,512
1973 $339,450,000 $10,838,587,358
1972 $311,950,000 $8,177,873,151
1971 $301,000,000 $7,375,000,024
1970 $274,900,000 $7,086,538,438
1969 $259,650,000 $6,695,336,567
1968 $241,350,000 $6,081,009,428
1967 $220,700,000 $5,638,461,442
1966 $190,350,000 $5,279,230,817
1965 $154,150,000 $4,388,937,649
1964 $134,400,000 $3,889,129,942
1963 $125,950,000 $3,540,403,457
1962 $116,150,000 $3,308,912,797
1961 $107,700,000 $3,034,037,811
1960 $99,650,000 $2,760,750,861

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

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

GDP per capita in Suriname vs Thailand by year

Suriname
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Suriname Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,962 $21,801 $7,347 $24,712
2023 $5,522 $21,110 $7,195 $23,519
2022 $6,084 $20,079 $6,909 $22,243
2021 $5,030 $18,458 $7,057 $20,243
2020 $4,755 $16,947 $6,986 $19,164
2019 $6,630 $19,772 $7,606 $19,963
2018 $6,666 $17,855 $7,100 $18,876
2017 $6,050 $17,568 $6,413 $17,573
2016 $5,644 $14,475 $5,834 $16,671
2015 $8,814 $16,544 $5,689 $15,791
2014 $9,108 $16,598 $5,801 $15,365
2013 $9,043 $16,173 $6,018 $15,216
2012 $8,851 $15,185 $5,726 $14,617
2011 $7,950 $13,926 $5,374 $13,227
2010 $7,944 $13,039 $4,974 $12,932
2009 $7,130 $12,393 $4,135 $11,964
2008 $6,576 $12,097 $4,309 $12,062
2007 $5,530 $11,530 $3,919 $11,723
2006 $5,003 $10,803 $3,331 $10,912
2005 $3,453 $10,014 $2,868 $10,169
2004 $2,888 $9,389 $2,642 $9,545
2003 $2,516 $8,552 $2,348 $8,824
2002 $2,202 $8,046 $2,090 $8,148
2001 $1,715 $7,865 $1,890 $7,632
2000 $1,988 $7,535 $2,006 $7,289
1999 $1,898 $7,367 $2,033 $6,901
1998 $2,429 $7,521 $1,848 $6,590
1997 $2,068 $7,422 $2,473 $7,148
1996 $1,963 $7,048 $3,055 $7,322
1995 $1,610 $7,000 $2,864 $6,901
1994 $1,434 $6,973 $2,518 $6,341
1993 $1,022 $6,650 $2,245 $5,834
1992 $969 $6,992 $1,972 $5,347
1991 $1,080 $6,852 $1,766 $4,914
1990 $942 $6,493 $1,559 $4,451
1989 $1,329 - $1,342 -
1988 $2,886 - $1,164 -
1987 $2,469 - $970 -
1986 $2,271 - $842 -
1985 $2,256 - $774 -
1984 $2,261 - $847 -
1983 $2,333 - $827 -
1982 $2,430 - $770 -
1981 $2,368 - $748 -
1980 $2,118 - $709 -
1979 $2,072 - $612 -
1978 $1,928 - $548 -
1977 $1,666 - $462 -
1976 $1,302 - $405 -
1975 $1,190 - $364 -
1974 $1,041 - $343 -
1973 $858 - $278.3 -
1972 $785 - $215.6 -
1971 $768 - $199.7 -
1970 $724 - $197.1 -
1969 $708 - $191.4 -
1968 $681 - $178.8 -
1967 $644 - $170.7 -
1966 $575 - $164.5 -
1965 $482 - $140.9 -
1964 $435 - $128.6 -
1963 $424 - $120.7 -
1962 $409 - $116.2 -
1961 $395 - $109.7 -
1960 $378 - $102.8 -

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

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

Suriname's GDP per capita is $6,962, ranking 102/197, compared to $7,347 in Thailand, ranking 100/197. Adjusted for purchasing power (GDP per capita PPP), Suriname ranks 89th at $21,801, while Thailand ranks 85th at $24,712.

Economic indicators

Suriname Thailand
Gross domestic product
$4.42B
2024
$527B
2024
GDP rank
164/197
2024
31/197
2024
GDP growth
1.72%
2023-2024
2.54%
2023-2024
GDP per capita
$6,962
2024
$7,347
2024
GDP per capita rank
102/197
2024
100/197
2024
GDP per capita, PPP
$21,801
2024
$24,712
2024
GDP per capita PPP rank
89/197
2024
85/197
2024
Government debt
$3.86B
2024
$333B
2024
Debt-to-GDP ratio
87.3%
2024
63.2%
2024
Government debt per person
$6,077
2024
$4,643
2024
Government debt per person rank
74/185
2024
84/185
2024
Average annual personal income after taxes
$3,263
2026
$6,733
2026
Market capitalization of domestic companies n/a
$520B
2024
Number of millionaires n/a
100,001
2025
Number of billionaires n/a
25
2025
Income share by richest 10%
30.1%
2022
26.1%
2023
Income share by poorest 10%
2.2%
2022
3.4%
2023
Government expenditure, % of GDP
29.2%
2024
22.7%
2024
Consumer prices inflation
16.2%
2023-2024
1.37%
2023-2024
Central bank interest rate
10%
2013
1.5%
2025
Unemployment rate
7.92%
2016
0.78%
2024
Population
646767
71571743

Spending and national debt comparison by year

Suriname
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Suriname Thailand
Government spending Government debt Government spending Government debt
2024 29.2% 87.3% 22.7% 63.2%
2023 29% 98.2% 22.8% 62.3%
2022 29.5% 116.9% 24.7% 60.5%
2021 32% 115.8% 26.8% 58.3%
2020 30.2% 146.4% 24.9% 49.4%
2019 40.5% 84% 20.6% 41.1%
2018 29.5% 68.6% 21.2% 41.9%
2017 28.7% 73% 21.5% 41.8%
2016 27.9% 75.4% 21.4% 41.7%
2015 29.9% 41.2% 22.3% 42.6%
2014 25.2% 25.2% 22.2% 43.3%
2013 26.2% 27.9% 21.6% 42.2%
2012 25.1% 20.1% 22.3% 41.9%
2011 21% 18.7% 21.1% 39.1%
2010 21% 17.3% 22% 39.8%
2009 24% 14.6% 21.7% 42.4%
2008 20.5% 14.8% 19.2% 34.9%
2007 22.6% 16.4% 20% 36%
2006 22.2% 22.5% 18.7% 39.2%
2005 22.2% 27.1% 19.6% 45.5%
2004 20.8% 29.4% 19.3% 46.3%
2003 19.2% 31.5% 18.3% 47.5%
2002 22.2% 37.4% 25.7% 54.9%
2001 21.8% 37.2% 20.8% 57.5%
2000 24.4% 48.4% 19.3% 57.8%
1999 19.6% 32.3% 26.5% 56.6%
1998 30.3% 21.6% 23.9% 49.9%
1997 21.1% 16.8% 21.6% 40.5%
1996 21.4% 11.8% 18% 15.2%
1995 20.2% 16.3% 17.2% 5.12%
1994 19.8% 30.5% 16% 6.69%
1993 21.2% 51.1% 18.8% 9.14%
1992 24.4% 64.4% 17.8% 11.4%
1991 26.6% 75.7% 17% 14.1%
1990 22.7% 72.9% 16.6% 18%
1989 - - 16.5% 23.7%
1988 - - 15.1% 30.3%
1987 - - 17.5% 38.8%
1986 - - 19.5% 40.1%
1985 - - 20.5% 36.8%
1984 - - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

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

In 2024, Suriname's government spending was $1.29B, accounting for 29.2% of its GDP, while Thailand spent $120B, or 22.7% of GDP.

Debt-to-GDP ratio is 87.3% in Suriname and 63.2% in Thailand, ranking 37/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Suriname

Thailand
1x
Year Deficit/surplus, % of GDP
Suriname Thailand
2024 -2.42% -1.29%
2023 -1.68% -1.98%
2022 -2.69% -4.61%
2021 -5.66% -6.74%
2020 -12% -4.47%
2019 -20.2% 0.43%
2018 -8.56% 0.2%
2017 -8.62% -0.42%
2016 -10.2% 0.41%
2015 -8.29% 0.19%
2014 -2.65% -0.7%
2013 -2.64% 0.6%
2012 -0.38% -0.86%
2011 2.32% 0.09%
2010 -0.15% -1.07%
2009 2.03% -2.21%
2008 2.39% 0.8%
2007 5.01% 0.22%
2006 0.59% 1.87%
2005 -3.39% 2.17%
2004 -1.2% 1.11%
2003 -0.11% 1.98%
2002 -3.3% -6.72%
2001 3.49% -1.77%
2000 -7.76% -1.79%
1999 -4.92% -9.02%
1998 -6.39% -6.29%
1997 -0.32% -1.68%
1996 3.42% 2.75%
1995 1.17% 3.05%
1994 -1.89% 2.78%
1993 -4.68% 6.67%
1992 -6.45% -0.18%
1991 -9.8% 1.6%
1990 -3.04% 1.41%
1989 - 0.16%
1988 - 0.58%
1987 - -2.38%
1986 - -4.32%
1985 - -5.11%
1984 - -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-02-20).

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

In 2024, Suriname's government deficit, the difference between spending and revenue, was $107M, equivalent to 2.42% of GDP. This compares to Thailand's deficit of $6.81B, or 1.29% of GDP.

Over the past 35 years, Suriname recorded a fiscal deficit in 27 of those years, while Thailand ran a deficit in 17 years. On average, Suriname posted an annual deficit equal to 3.4% of GDP, compared to deficit of 0.67% of GDP for Thailand.

Inflation comparison by year

Inflation
Suriname

Thailand
1x
Year Consumer prices inflation
Suriname Thailand
2024 16.2% 1.37%
2023 51.6% 8.48%
2022 52.4% -1.61%
2021 59.1% 1.23%
2020 34.9% -0.85%
2019 - 0.71%
2018 - 1.06%
2017 22% 0.67%
2016 55.4% 0.19%
2015 6.89% -0.9%
2014 3.38% 1.9%
2013 1.92% 2.18%
2012 5.01% 3.01%
2011 17.7% 3.81%
2010 6.94% 3.25%
2009 -0.13% -0.85%
2008 14.7% 5.47%
2007 6.43% 2.24%
2006 11.3% 4.64%
2005 9.9% 4.54%
2004 9.99% 2.76%
2003 23% 1.8%
2002 15.5% 0.7%
2001 38.6% 1.63%
2000 59.4% 1.59%
1999 98.8% 0.28%
1998 19% 7.99%
1997 7.15% 5.63%

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

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

Over the past 28 years, Suriname has recorded an average annual inflation rate of 24.9%, compared with 2.25% in Thailand. In 2024, inflation was 16.2% in Suriname and 1.37% in Thailand.

Top exports between countries

Suriname
Export category Export value
Machinery & equipment $911K
Animal & marine products $499K
Processed food, beverages & tobacco $132K
Wood & paper products $58K
Miscellaneous $38K
Metals $2K
Thailand
Export category Export value
Machinery & equipment $26.3M
Processed food, beverages & tobacco $4.03M
Raw materials & minerals $690K
Chemicals & pharma $599K
Metals $530K
Textiles & consumer goods $441K
Raw agricultural goods $429K
Wood & paper products $49K
Animal & marine products $1K
Precious metals & jewellery $1K

Balance of trade

Suriname Thailand
Current account balance
$9.31M
2024
$11.6B
2024
Current account balance ranking
76/190
2024
23/190
2024
Current account balance, % of GDP
+0.21%
2024
+2.21%
2024
Goods imports
$1.65B
2024
$276B
2024
Goods exports
$2.58B
2024
$297B
2024
Service imports
$921M
2024
$74B
2024
Service exports
$211M
2024
$71.9B
2024
Imports of goods and services, % of GDP
38.4%
2010
66.7%
2024
Exports of goods and services, % of GDP
52.5%
2010
70%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Suriname Thailand
Economic freedom 53 62.2
Economic freedom ranking 143/197 88/197
Property rights 40.5 41.8
Government integrity 41 38.9
Judicial effectiveness 46.5 35
Tax burden 69.1 80.8
Government spending 74.3 83.6
Fiscal health 76.6 81
Business freedom 56.9 69.9
Labor freedom 69 56.4
Monetary freedom 56.4 73.3
Trade freedom 65.2 70.2
Investment freedom 20 55
Financial freedom 20 60

Economic freedom comparison by year

Suriname
Thailand
1x
Year Economic freedom index
Suriname Thailand
2026 53 62.2
2025 50.9 60.6
2024 46.7 59
2023 46.1 60.6
2022 48.1 63.2
2021 46.4 69.7
2020 49.5 69.4
2019 48.1 68.3
2018 48.1 67.1
2017 48 66.2
2016 53.8 63.9
2015 54.2 62.4
2014 54.2 63.3
2013 52 64.1
2012 52.6 64.9
2011 53.1 64.7
2010 52.5 64.1
2009 54.1 63
2008 54.3 62.3
2007 54.8 63.5
2006 55.1 63.3
2005 51.9 62.5
2004 47.9 63.7
2003 46.9 65.8
2002 48 69.1
2001 44.3 68.9
2000 45.8 66.6
1999 40.1 66.9
1998 39.9 67.3
1997 35.9 66.1
1996 36.7 71
1995 - 71.3

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

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

The Economic Freedom Index for Suriname is 53, ranking 143/197, compared to 62.2 for Thailand, ranking 88/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Suriname Thailand
Services, % of GDP
50.8%
2024
59.2%
2024
Industry, % of GDP
35.1%
2024
32.1%
2024
Agriculture, forestry, and fishing, % of GDP
6.77%
2024
8.71%
2024
GNI, Atlas method
$3.61B
2024
$509B
2024
GNI per capita, PPP
$20,000
2024
$23,960
2024
Total reserves including gold
$1.63B
2024
$237B
2024
Total reserves ranking
132/177
2024
15/177
2024
Net foreign direct investment
$26.5M
2024
-$6.95B
2024
Net inflows of foreign direct investment
-$37.6M
2024
$14.3B
2024
Net outflows of foreign direct investment
-$11.1M
2024
$7.36B
2024
Servicing debt to the IMF, % of GNI
20.5%
2023
3.52%
2024
Poverty at national poverty lines
70%
2020
5.4%
2022
Gross capital formation, % of GDP
36.2%
2010
21.6%
2024

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/suriname/thailand | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.