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Suriname GDP and Economic Data

Browse economic indicators and data sets, selected by Global Finance editors, to learn more about Suriname economic outlook, debt to GDP ratio, international trade performance and population trends.

 
 
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Central bank

Central Bank of Suriname

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International Reserves

USD 0.6 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

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Gross Domestic Product - GDP

USD 3.4 billion (2018, estimate)

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GDP (Purchasing Power Parity)

Intl$ 8.9 billion (2018, estimate)

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Real GDP growth
2014 2015 2016 2017* 2018*
0.3% -3.4% -5.6% 1.7% 2.0%

*Estimate

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GDP per capita - current prices

USD 5,799.2 (2018, estimate)

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GDP per capita - PPP

Intl$ 15,105.3 (2018, estimate)

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GDP (PPP) - share of world total

0.007% (2019 estimate)

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GDP - composition by sector
  • agriculture: 12.6% 
  • industry: 32.3% 
  • services: 48.7%

(2016 estimate)

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Gross domestic expenditure on R&D; (% of GDP)

N/A

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Inflation
2014 2015 2016 2017* 2018*
6.9% 55.5% 22% 6.9% 5.5%

*Estimate

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Unemployment rate
2014 2015* 2016* 2017* 2018*
7.2% 9.7% 8.0% 7.7% 7.3%

*Estimate

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2014 2015 2016 2017* 2018*
43.4% 75.2% 78.0% 72.8% 75.6%

*Estimate

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Public deficit (General government net lending/borrowing as a % of GDP)
2014 2015 2016 2017* 2018*
-8.0% -9.0% -9.2% -7.2% -9.8%

*Estimate

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Government bond ratings

Standard & Poor's: B

Moody's: B2

Standard & Poor's / Moody's (Updated January 2017)

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Market value of publicly traded shares

N/A

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Largest companies

N/A

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Current account balance

USD -0.2 billion (2018 estimate)

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Current account balance by percentage of GDP

-5.5% (2018 estimate)

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Exports as percent of GDP (Exports of goods and services)

52.5% (2018)

 

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Shares in world total merchandising export

0.01% (2018)

 

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Shares in world total commercial services export

0.002% (2018)

 

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Total exports

USD 2.3 billion (2018 estimate)

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Export commodities

Alumina, gold, crude oil, lumber, shrimp and fish, rice, bananas

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Total imports

USD 2.1 billion (2018 estimate)

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Import commodities

Capital equipment, petroleum, foodstuffs, cotton, consumer goods

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Exports - major partners

Switzerland 38%, Hong Kong 21.9%, Belgium 10.1%, UAE 7.2%, Guyana 6.1% (2017)

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Imports - major partners

US 30.6%, Netherlands 14.8%, Trinidad and Tobago 11.4%, China 7.6% (2017)

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FDI inflows
2016 2017 2018
USD 309 million USD 161 million USD 190 million
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FDI outflows

N/A

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Value of cross-border M&A, by country of purchaser

N/A

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Cross-border M&A deals worth over $3 billion completed in 2014

N/A

(for a monthly update on M&A; click here )

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Cross-border M&A deals worth over $3 billion completed in 2015

N/A

(for a monthly update on M&A; click here )

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Best countries for doing business

Overall ranking: 162 out of 190 countries (2018)

Subcategories:

Starting a business: 182 out of 190 countries

Dealing with Construction Permits: 115 out of 190 countries

Getting Electricity: 145 out of 190 countries

Registering Property: 157 out of 190 countries

Getting Credit: 181 out of 190 countries

Protecting Minority Investors: 157 out of 190 countries

Paying Taxes: 107 out of 190 countries

Trading Across Borders: 87 out of 190 countries

Enforcing Contracts: 188 out of 190

Resolving Insolvency: 139 out of 190 countries

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Global competitiveness ranking

N/A

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Index of Economic Freedom

Ranking: 165 / Score: 48.1 (Repressed) (2019)

(100=totally free 0=totally repressed)

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Time zone

UTC-3

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Total area

163,820 sq km

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Capital

Paramaribo

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Currency

Surinamese dollars (SRD)

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Government type

Presidential republic

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Languages

Dutch (official), English (widely spoken), Sranang Tongo (Surinamese, sometimes called Taki-Taki, is the native language of Creoles and much of the younger population and is lingua franca among others), Caribbean Hindustani (a dialect of Hindi), Javanese

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Religions

Protestant 23.6% (includes Evangelical 11.2%, Moravian 11.2%, Reformed .7%, Lutheran .5%), Hindu 22.3%, Roman Catholic 21.6%, Muslim 13.8%, other Christian 3.2%, Winti 1.8%, Jehovah's Witness 1.2%, other 1.7%, none 7.5%, unspecified 3.2% (2012 est.)

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Total population
1990 2000 2010 2015 2020*
0.41 million 0.47 million 0.53 million 0.57 million 0.61 million

*Estimate

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Urban population as % of total population
1960 1980 2000 2018
47% 65% 66% 66%
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Population median age

30.2 years (2018 estimate)

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Population growth rate

1% (2018 estimate)

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Life expectancy

72.8 years (2018 estimate)

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Literacy

Total population: 95.6%
Male: 96.1%
Female: 95% (2018 est.)

(age 15 and over can read and write)

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% of population living on less than $3.10 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

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Freedom House rating

Political Rights: 2
Civil Liberties: 3 (2019)                         

(1 represents the most free, 7 the least free rating)

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Total telephone subscribers as % of population

Fixed 15.3%   Mobile 139.5% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

48.95% (2015)

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Mercer Cost of living index

N/A

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CO2 emissions

3.6 metric tons (2014)

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World’s Best Treasury & Cash Management Providers

2017
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