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Economy of Suriname vs Uruguay compared: GDP & Debt

Updated on by Georank team

Suriname has a GDP of $4.42B compared to $81B for Uruguay, ranking 164/197 and 81/197 by economy size, respectively.

Suriname has $3.86B in government debt (87.3% of GDP), compared to $55.6B (68.7% of GDP) in Uruguay.

Suriname vs Uruguay GDP by year

Suriname
Uruguay
1x
Year GDP, current $
Suriname Uruguay
2024 $4,416,775,112 $80,961,511,074
2023 $3,472,693,412 $77,991,666,838
2022 $3,791,603,200 $70,594,110,920
2021 $3,107,923,198 $60,739,084,241
2020 $2,911,807,496 $53,559,359,262
2019 $4,016,040,575 $62,222,313,619
2018 $3,996,198,867 $65,344,577,416
2017 $3,591,679,431 $65,005,997,963
2016 $3,317,421,648 $57,480,787,465
2015 $5,126,237,646 $57,680,327,999
2014 $5,240,606,061 $61,496,186,974
2013 $5,145,757,576 $61,337,621,934
2012 $4,980,000,000 $54,232,266,359
2011 $4,422,276,622 $50,342,406,067
2010 $4,368,370,998 $41,950,361,212
2009 $3,875,409,836 $32,708,319,078
2008 $3,532,969,035 $31,119,602,539
2007 $2,936,612,022 $23,797,773,024
2006 $2,626,380,435 $19,741,420,740
2005 $1,793,410,397 $17,362,857,684
2004 $1,484,092,538 $13,686,329,890
2003 $1,274,190,311 $12,045,638,352
2002 $1,093,574,468 $13,606,515,723
2001 $834,279,358 $20,898,761,742
2000 $947,671,970 $22,823,270,892
1999 $886,290,698 $23,983,945,191
1998 $1,110,850,000 $25,385,886,978
1997 $926,422,500 $23,969,739,234
1996 $861,372,806 $20,515,458,114
1995 $691,590,498 $19,297,663,097
1994 $605,492,537 $17,474,588,896
1993 $428,764,706 $15,002,136,971
1992 $404,600,000 $12,878,148,791
1991 $448,100,000 $11,206,176,651
1990 $388,400,000 $9,298,807,850
1989 $542,600,000 $8,438,951,476
1988 $1,161,000,000 $8,213,538,369
1987 $980,000,000 $7,367,494,080
1986 $891,000,000 $5,880,112,788
1985 $873,000,000 $4,732,017,873
1984 $864,000,000 $4,850,238,550
1983 $883,500,000 $5,102,276,308
1982 $915,000,000 $9,178,780,077
1981 $889,000,000 $11,048,301,421
1980 $795,000,000 $10,163,020,116
1979 $782,500,000 $7,181,182,224
1978 $735,500,000 $4,910,254,566
1977 $641,500,000 $4,114,670,014
1976 $505,500,000 $3,667,161,241
1975 $465,500,000 $3,538,278,047
1974 $409,850,000 $4,090,209,682
1973 $339,450,000 $3,964,296,443
1972 $311,950,000 $2,189,418,689
1971 $301,000,000 $2,807,258,065
1970 $274,900,000 $2,137,096,774
1969 $259,650,000 $2,004,435,484
1968 $241,350,000 $1,593,674,185
1967 $220,700,000 $1,597,713,469
1966 $190,350,000 $1,809,185,094
1965 $154,150,000 $1,890,767,156
1964 $134,400,000 $1,975,701,816
1963 $125,950,000 $1,539,681,491
1962 $116,150,000 $1,710,004,407
1961 $107,700,000 $1,547,388,781
1960 $99,650,000 $1,242,289,239

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

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

GDP per capita in Suriname vs Uruguay by year

Suriname
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Suriname Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $6,962 $21,801 $23,907 $36,418
2023 $5,522 $21,110 $23,019 $34,471
2022 $6,084 $20,079 $20,819 $33,001
2021 $5,030 $18,458 $17,882 $29,432
2020 $4,755 $16,947 $15,758 $25,725
2019 $6,630 $19,772 $18,316 $25,783
2018 $6,666 $17,855 $19,250 $24,386
2017 $6,050 $17,568 $19,185 $23,607
2016 $5,644 $14,475 $17,010 $22,841
2015 $8,814 $16,544 $17,126 $22,169
2014 $9,108 $16,598 $18,322 $21,868
2013 $9,043 $16,173 $18,335 $20,661
2012 $8,851 $15,185 $16,260 $19,495
2011 $7,950 $13,926 $15,132 $19,135
2010 $7,944 $13,039 $12,641 $17,873
2009 $7,130 $12,393 $9,881 $16,422
2008 $6,576 $12,097 $9,424 $15,694
2007 $5,530 $11,530 $7,222 $14,397
2006 $5,003 $10,803 $6,001 $13,179
2005 $3,453 $10,014 $5,284 $12,296
2004 $2,888 $9,389 $4,169 $11,103
2003 $2,516 $8,552 $3,671 $10,303
2002 $2,202 $8,046 $4,150 $10,030
2001 $1,715 $7,865 $6,383 $10,719
2000 $1,988 $7,535 $6,988 $10,929
1999 $1,898 $7,367 $7,371 $10,938
1998 $2,429 $7,521 $7,837 $11,002
1997 $2,068 $7,422 $7,436 $10,461
1996 $1,963 $7,048 $6,398 $9,524
1995 $1,610 $7,000 $6,050 $8,906
1994 $1,434 $6,973 $5,508 $8,897
1993 $1,022 $6,650 $4,753 $8,162
1992 $969 $6,992 $4,102 $7,808
1991 $1,080 $6,852 $3,589 $7,112
1990 $942 $6,493 $2,995 $6,683
1989 $1,329 - $2,734 -
1988 $2,886 - $2,677 -
1987 $2,469 - $2,416 -
1986 $2,271 - $1,939 -
1985 $2,256 - $1,568 -
1984 $2,261 - $1,615 -
1983 $2,333 - $1,707 -
1982 $2,430 - $3,085 -
1981 $2,368 - $3,728 -
1980 $2,118 - $3,443 -
1979 $2,072 - $2,443 -
1978 $1,928 - $1,678 -
1977 $1,666 - $1,414 -
1976 $1,302 - $1,268 -
1975 $1,190 - $1,232 -
1974 $1,041 - $1,433 -
1973 $858 - $1,397 -
1972 $785 - $776 -
1971 $768 - $1,000 -
1970 $724 - $766 -
1969 $708 - $723 -
1968 $681 - $579 -
1967 $644 - $585 -
1966 $575 - $668 -
1965 $482 - $705 -
1964 $435 - $745 -
1963 $424 - $587 -
1962 $409 - $659 -
1961 $395 - $604 -
1960 $378 - $491 -

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

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

Suriname's GDP per capita is $6,962, ranking 102/197, compared to $23,907 in Uruguay, ranking 52/197. Adjusted for purchasing power (GDP per capita PPP), Suriname ranks 89th at $21,801, while Uruguay ranks 61st at $36,418.

Economic indicators

Suriname Uruguay
Gross domestic product
$4.42B
2024
$81B
2024
GDP rank
164/197
2024
81/197
2024
GDP growth
1.72%
2023-2024
3.11%
2023-2024
GDP per capita
$6,962
2024
$23,907
2024
GDP per capita rank
102/197
2024
52/197
2024
GDP per capita, PPP
$21,801
2024
$36,418
2024
GDP per capita PPP rank
89/197
2024
61/197
2024
Government debt
$3.86B
2024
$55.6B
2024
Debt-to-GDP ratio
87.3%
2024
68.7%
2024
Government debt per person
$6,077
2024
$16,421
2024
Government debt per person rank
74/185
2024
38/185
2024
Average annual personal income after taxes
$3,263
2026
$12,433
2026
Market capitalization of domestic companies n/a
$284M
1996
Income share by richest 10%
30.1%
2022
30%
2024
Income share by poorest 10%
2.2%
2022
2.2%
2024
Government expenditure, % of GDP
29.2%
2024
31.1%
2024
Consumer prices inflation
16.2%
2023-2024
4.85%
2023-2024
Central bank interest rate
10%
2013
8.25%
2025
Unemployment rate
7.92%
2016
8.21%
2024
Population
646767
3382789

Spending and national debt comparison by year

Suriname
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Suriname Uruguay
Government spending Government debt Government spending Government debt
2024 29.2% 87.3% 31.1% 68.7%
2023 29% 98.2% 30.5% 64%
2022 29.5% 116.9% 30% 59.9%
2021 32% 115.8% 30.2% 64.1%
2020 30.2% 146.4% 32.8% 68.2%
2019 40.5% 84% 30.6% 59.6%
2018 29.5% 68.6% 30.3% 57.9%
2017 28.7% 73% 29.7% 55.8%
2016 27.9% 75.4% 29.7% 56.4%
2015 29.9% 41.2% 28.4% 57.8%
2014 25.2% 25.2% 29.1% 51.1%
2013 26.2% 27.9% 28.8% 50%
2012 25.1% 20.1% 27.7% 49.8%
2011 21% 18.7% 26.3% 41.3%
2010 21% 17.3% 27.4% 40.9%
2009 24% 14.6% 27.2% 46.2%
2008 20.5% 14.8% 26.3% 46.2%
2007 22.6% 16.4% 26.8% 52.8%
2006 22.2% 22.5% 26.8% 61.1%
2005 22.2% 27.1% 26.3% 66.2%
2004 20.8% 29.4% 26.6% 73.7%
2003 19.2% 31.5% 27.7% 91.9%
2002 22.2% 37.4% 27.6% 90.1%
2001 21.8% 37.2% 27.8% 39.4%
2000 24.4% 48.4% 26.6% 30.5%
1999 19.6% 32.3% 27.2% 24.1%
1998 30.3% 21.6% 27.3% 19.4%
1997 21.1% 16.8% 27.6% 18.8%
1996 21.4% 11.8% 26.5% 18.3%
1995 20.2% 16.3% 26.2% 18.5%
1994 19.8% 30.5% 29.5% 19.3%
1993 21.2% 51.1% 27.7% 20%
1992 24.4% 64.4% 23.6% 22.2%
1991 26.6% 75.7% 22.2% 20.4%
1990 22.7% 72.9% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-02-20).

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

In 2024, Suriname's government spending was $1.29B, accounting for 29.2% of its GDP, while Uruguay spent $25.2B, or 31.1% of GDP.

Debt-to-GDP ratio is 87.3% in Suriname and 68.7% in Uruguay, ranking 37/185 and 59/185, respectively.

Government deficit by year

Deficit/surplus
Suriname

Uruguay
1x
Year Deficit/surplus, % of GDP
Suriname Uruguay
2024 -2.42% -3.22%
2023 -1.68% -3.13%
2022 -2.69% -2.52%
2021 -5.66% -2.61%
2020 -12% -4.64%
2019 -20.2% -2.71%
2018 -8.56% -1.89%
2017 -8.62% -2.51%
2016 -10.2% -2.68%
2015 -8.29% -1.86%
2014 -2.65% -2.6%
2013 -2.64% -1.72%
2012 -0.38% -2.17%
2011 2.32% -0.33%
2010 -0.15% -0.39%
2009 2.03% -1.39%
2008 2.39% -1.31%
2007 5.01% -0.16%
2006 0.59% -0.64%
2005 -3.39% -0.28%
2004 -1.2% -0.87%
2003 -0.11% -2.19%
2002 -3.3% -3.19%
2001 3.49% -2.85%
2000 -7.76% -2.76%
1999 -4.92% -2.76%
1998 -6.39% -0.76%
1997 -0.32% -0.97%
1996 3.42% -1.32%
1995 1.17% -1.08%
1994 -1.89% -2.37%
1993 -4.68% -0.47%
1992 -6.45% 0.6%
1991 -9.8% 0.88%
1990 -3.04% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-02-20).

GeoRank.org/economy/suriname/uruguay | 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 Uruguay's deficit of $2.6B, or 3.22% of GDP.

Over the past 35 years, Suriname recorded a fiscal deficit in 27 of those years, while Uruguay ran a deficit in 32 years. On average, Suriname posted an annual deficit equal to 3.4% of GDP, compared to deficit of 1.67% of GDP for Uruguay.

Inflation comparison by year

Inflation
Suriname

Uruguay
1x
Year Consumer prices inflation
Suriname Uruguay
2024 16.2% 4.85%
2023 51.6% 5.87%
2022 52.4% 9.1%
2021 59.1% 7.75%
2020 34.9% 9.76%
2019 - 7.88%
2018 - 7.61%
2017 22% 6.22%
2016 55.4% 9.64%
2015 6.89% 8.67%
2014 3.38% 8.88%
2013 1.92% 8.58%
2012 5.01% 8.1%
2011 17.7% 8.09%
2010 6.94% 6.7%
2009 -0.13% 7.06%
2008 14.7% 7.88%
2007 6.43% 8.11%
2006 11.3% 6.4%
2005 9.9% 4.7%
2004 9.99% 9.16%
2003 23% 19.4%
2002 15.5% 14%
2001 38.6% 4.36%
2000 59.4% 4.76%
1999 98.8% 5.66%
1998 19% 10.8%
1997 7.15% 19.8%

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

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

Over the past 28 years, Suriname has recorded an average annual inflation rate of 24.9%, compared with 8.56% in Uruguay. In 2024, inflation was 16.2% in Suriname and 4.85% in Uruguay.

Top exports between countries

Suriname
Export category Export value
Processed food, beverages & tobacco $437K
Miscellaneous $20K
Uruguay
Export category Export value
Animal & marine products $578K
Processed food, beverages & tobacco $170K

Balance of trade

Suriname Uruguay
Current account balance
$9.31M
2024
-$633M
2024
Current account balance ranking
76/190
2024
111/190
2024
Current account balance, % of GDP
+0.21%
2024
-0.78%
2024
Goods imports
$1.65B
2024
$13B
2024
Goods exports
$2.58B
2024
$16.3B
2024
Service imports
$921M
2024
$6.22B
2024
Service exports
$211M
2024
$7.1B
2024
Imports of goods and services, % of GDP
38.4%
2010
23.7%
2024
Exports of goods and services, % of GDP
52.5%
2010
28.8%
2024

Economic freedom indices

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

Suriname Uruguay
Economic freedom 53 69.8
Economic freedom ranking 143/197 39/197
Property rights 40.5 87.4
Government integrity 41 79
Judicial effectiveness 46.5 80.9
Tax burden 69.1 73.3
Government spending 74.3 72
Fiscal health 76.6 76.6
Business freedom 56.9 83.8
Labor freedom 69 61.7
Monetary freedom 56.4 70.2
Trade freedom 65.2 73.2
Investment freedom 20 50
Financial freedom 20 30

Economic freedom comparison by year

Suriname
Uruguay
1x
Year Economic freedom index
Suriname Uruguay
2026 53 69.8
2025 50.9 70.2
2024 46.7 69.8
2023 46.1 70.2
2022 48.1 70
2021 46.4 69.3
2020 49.5 69.1
2019 48.1 68.6
2018 48.1 69.2
2017 48 69.7
2016 53.8 68.8
2015 54.2 68.6
2014 54.2 69.3
2013 52 69.7
2012 52.6 69.9
2011 53.1 70
2010 52.5 69.8
2009 54.1 69.1
2008 54.3 67.9
2007 54.8 68.4
2006 55.1 65.3
2005 51.9 66.9
2004 47.9 66.7
2003 46.9 69.8
2002 48 68.7
2001 44.3 70.7
2000 45.8 69.3
1999 40.1 68.5
1998 39.9 68.6
1997 35.9 67.5
1996 36.7 63.7
1995 - 62.5

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

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

The Economic Freedom Index for Suriname is 53, ranking 143/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Suriname Uruguay
Services, % of GDP
50.8%
2024
65.3%
2024
Industry, % of GDP
35.1%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
6.77%
2024
6.42%
2024
GNI, Atlas method
$3.61B
2024
$73.3B
2024
GNI per capita, PPP
$20,000
2024
$34,170
2024
Total reserves including gold
$1.63B
2024
$17.4B
2024
Total reserves ranking
132/177
2024
66/177
2024
Net foreign direct investment
$26.5M
2024
$2.58B
2024
Net inflows of foreign direct investment
-$37.6M
2024
-$3.94B
2024
Net outflows of foreign direct investment
-$11.1M
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
20.5%
2023
n/a
Poverty at national poverty lines
70%
2020
17.3%
2024
Gross capital formation, % of GDP
36.2%
2010
15.6%
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/uruguay | CC BY

Compare countries by 7 more topics

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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 (1955–1998, 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 (2021–2024, 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.