Countries
Suriname
Key Economic Indicators
$13.83 billion
$21,801
1.72%
16.23%
7.83%
$4.714 billion (2024 est.)
75.8% of GDP (2016 est.)
$9.31 million
Economic Overview
upper middle-income South American economy; new floating currency regime; key aluminum goods, gold, and hydrocarbon exporter; new IMF plan for economic recovery and fiscal sustainability; controversial hardwood industry
All Economic Data
Agricultural products
rice, sugarcane, oranges, vegetables, chicken, cassava, plantains, pineapples, eggs, citrus fruits (2023)
note:
<b>note:</b> top ten agricultural products based on tonnage
Budget
Expenditures:
$1.648 billion (2019 est.)
Revenues:
$863 million (2019 est.)
Currency
code:
SRD
name:
Surinamese dollar (SRD) [$]
Current account balance
$9.31 million
Current account balance 2022:
$76.321 million (2022 est.)
Current account balance 2023:
$148.118 million (2023 est.)
Current account balance 2024:
$9.306 million (2024 est.)
Note:
<b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
Debt - external
$4.05 billion
Debt - external 2023:
$2.645 billion (2023 est.)
Note:
<strong>note:</strong> present value of external debt in current US dollars
Exchange rates
Currency:
Surinamese dollars (SRD) per US dollar -
Exchange rates 2020:
9.31 (2020 est.)
Exchange rates 2021:
18.239 (2021 est.)
Exchange rates 2022:
24.709 (2022 est.)
Exchange rates 2023:
36.776 (2023 est.)
Exchange rates 2024:
33.181 (2024 est.)
Exports
Exports 2022:
$2.6 billion (2022 est.)
Exports 2023:
$2.533 billion (2023 est.)
Exports 2024:
$2.793 billion (2024 est.)
Note:
<b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
gold, fish, refined petroleum, wood, tobacco (2023)
note:
<b>note:</b> top five export commodities based on value in dollars
Exports - partners
Switzerland 49%, UAE 28%, Guyana 5%, USA 4%, France 3% (2023)
note:
<b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
net inflows:
$-37,555,190
GDP - composition, by sector of origin
Agriculture:
7.5% (2023 est.)
Industry:
39.9% (2023 est.)
Note:
<b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Services:
48.3% (2023 est.)
GDP (official exchange rate)
$4.714 billion (2024 est.)
note:
<b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$6,962
Gini Index coefficient - distribution of family income
57.9 (1999)
Gini Index coefficient - distribution of family income 2022:
39.2 (2022 est.)
Note:
<strong>note:</strong> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$4.05 billion
GNI per capita
$5,690
Household income or consumption by percentage share
Highest 10%:
30.1% (2022 est.)
Lowest 10%:
2.2% (2022 est.)
Note:
<strong>note:</strong> % share of income accruing to lowest and highest 10% of population
Imports
Imports 2022:
$2.342 billion (2022 est.)
Imports 2023:
$2.203 billion (2023 est.)
Imports 2024:
$2.571 billion (2024 est.)
Note:
<b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
refined petroleum, ships, excavation machinery, trucks, tobacco (2023)
note:
<b>note:</b> top five import commodities based on value in dollars
Imports - partners
USA 22%, China 12%, Netherlands 11%, Trinidad & Tobago 9%, Guyana 8% (2023)
note:
<b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
2.1% (2023 est.)
note:
<b>note:</b> annual % change in industrial value added based on constant local currency
Industries
gold mining, oil, lumber, food processing, fishing
Inflation rate (consumer prices)
16.23%
Inflation rate (consumer prices) 2022:
52.4% (2022 est.)
Inflation rate (consumer prices) 2023:
51.6% (2023 est.)
Inflation rate (consumer prices) 2024:
16.2% (2024 est.)
Note:
<b>note:</b> annual % change based on consumer prices
Labor force
255,500 (2024 est.)
note:
<b>note:</b> number of people ages 15 or older who are employed or seeking work
total:
257,128 persons
Labor force - by occupation
agriculture:
6.98%
industry:
26.1%
services:
66.92%
Population below poverty line
17.6%
Public debt
Public debt 2016:
75.8% of GDP (2016 est.)
Real GDP (purchasing power parity)
$13.83 billion
Note:
<b>note:</b> data in 2021 dollars
Real GDP (purchasing power parity) 2022:
$11.68 billion (2022 est.)
Real GDP (purchasing power parity) 2023:
$11.976 billion (2023 est.)
Real GDP (purchasing power parity) 2024:
$12.316 billion (2024 est.)
Real GDP growth rate
1.72%
Note:
<b>note:</b> annual GDP % growth based on constant local currency
Real GDP growth rate 2022:
2.4% (2022 est.)
Real GDP growth rate 2023:
2.5% (2023 est.)
Real GDP growth rate 2024:
2.8% (2024 est.)
Real GDP per capita
$21,801
Note:
<b>note:</b> data in 2021 dollars
Real GDP per capita 2022:
$18,700 (2022 est.)
Real GDP per capita 2023:
$19,000 (2023 est.)
Real GDP per capita 2024:
$19,400 (2024 est.)
Remittances
$160.31 million
Note:
<b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
Remittances 2022:
3.9% of GDP (2022 est.)
Remittances 2023:
4.3% of GDP (2023 est.)
Remittances 2024:
3.4% of GDP (2024 est.)
Reserves of foreign exchange and gold
$1.63 billion
Note:
<b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reserves of foreign exchange and gold 2022:
$1.195 billion (2022 est.)
Reserves of foreign exchange and gold 2023:
$1.346 billion (2023 est.)
Reserves of foreign exchange and gold 2024:
$1.632 billion (2024 est.)
Unemployment rate
7.83%
Note:
<b>note:</b> % of labor force seeking employment
Unemployment rate 2022:
8.2% (2022 est.)
Unemployment rate 2023:
7.7% (2023 est.)
Unemployment rate 2024:
7.4% (2024 est.)
Youth unemployment rate (ages 15-24)
Female:
35.9% (2024 est.)
Male:
16.9% (2024 est.)
Note:
<b>note:</b> % of labor force ages 15-24 seeking employment
Total:
24.2% (2024 est.)
Economic Rankings
Gini Index
#3
Inflation Rate
#11
Unemployment Rate
#61
GDP per Capita
#86
External Debt
#89
Reserves
#131
Exports
#153
GDP (PPP)
#158
Imports
#160
GDP Growth Rate
#161
GDP (Nominal)
#161
Quick Facts
Industries
gold mining, oil, lumber, food processing, fishing
Agricultural products
rice, sugarcane, oranges, vegetables, chicken, cassava, plantains, pineapples, eggs, citrus fruits (2023)
Labor force
255,500 (2024 est.)
Exports - partners
Switzerland 49%, UAE 28%, Guyana 5%, USA 4%, France 3% (2023)
Imports - partners
USA 22%, China 12%, Netherlands 11%, Trinidad & Tobago 9%, Guyana 8% (2023)
Exchange rates
Surinamese dollars (SRD) per US dollar -
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