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.
Basic Information
Government Type: Presidential republic
Capital City: Paramaribo
GDP & Economic Information
Macroeconomy & Sovereign Data
Central Bank | Central Bank of Suriname |
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Currency | Surinamese dollars (SRD) |
International Reserves |
USD 0.6 billion (2018) International Monetary Fund (IMF), data retrieved October 2019 |
Gross Domestic Product – GDP | USD 3.4 billion (2018, estimate) |
GDP (Purchasing Power Parity) | Intl$ 8.9 billion (2018, estimate) |
GDP Data
Real GDP growth |
2014 0.3% 2015 -3.4% 2016 -5.6% 2017* 1.7% 2018* 2.0% *Estimate |
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GDP per capita – current prices | USD 5,799.2 (2018, estimate) |
GDP per capita – PPP | Intl$ 15,105.3 (2018, estimate) |
GDP (PPP) – share of world total | 0.007% (2019 estimate) |
GDP – composition by sector |
agriculture: 12.6% industry: 32.3% services: 48.7% (2016 estimate) |
Gross domestic expenditure on R&D; (% of GDP) | N/A |
Inflation |
2014 6.9% 2015 55.5% 2016 22% 2017* 6.9% 2018* 5.5% *Estimate |
Suriname
Inflation & Debt
Inflation |
2014 6.9% 2015 55.5% 2016 22% 2017* 6.9% 2018* 5.5% *Estimate |
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Government Bond Ratings |
Standard & Poor’s: B Moody’s: B2 Standard & Poor’s / Moody’s (Updated January 2017) |
Unemployment rate |
2014 7.2% 2015 9.7% 2016 8.0% 2017* 7.7% 2018* 7.3% *Estimate |
Household saving rates | N/A |
Public debt (General government gross debt as a % of GDP) |
2014 43.4% 2015 75.2% 2016 78.0% 2017* 72.8% 2018* 75.6% *Estimate |
Public deficit (General government net lending/borrowing as a % of GDP) |
2014 -8.0% 2015 -9.0% 2016 -9.2% 2017* -7.2% 2018* -9.8% *Estimate |
Market value of publicly traded shares | N/A |
Largest Companies | N/A |
Import/Export
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) |
Shares in world total commercial services export | 0.002% (2018) |
Total exports | USD 2.3 billion (2018 estimate) |
Export commodities | Alumina, gold, crude oil, lumber, shrimp and fish, rice, bananas |
Total imports | USD 2.1 billion (2018 estimate) |
Import commodities | Capital equipment, petroleum, foodstuffs, cotton, consumer goods |
Exports – major partners | Switzerland 38%, Hong Kong 21.9%, Belgium 10.1%, UAE 7.2%, Guyana 6.1% (2017) |
Imports – major partners | US 30.6%, Netherlands 14.8%, Trinidad and Tobago 11.4%, China 7.6% (2017) |
Competitiveness & Trade
Current account balance | USD -0.2 billion (2018 estimate) |
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Current account balance by percentage of GDP | -5.5% (2018 estimate) |
FDI inflows |
2016 USD 309 million 2017 USD 161 million 2018 USD 190 million |
FDI Outflows | N/A |
Value of cross-border M&A, by country of purchaser |
N/A United Nations Conference on Trade and Development (UNCTAD) – World Investment Report |
Cross-border M&A deals worth over $3 billion completed in 2014 | N/A |
Cross-border M&A deals worth over $3 billion completed in 2015 | N/A |
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 |
Global competitiveness ranking | N/A |
Index of Economic Freedom |
Ranking: 165 / Score: 48.1 (Repressed) (2019) (100=totally free 0=totally repressed) |
Population & Geographic Data
Total Area |
163,820 sq km |
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Total Population |
1990 0.41 Million 2000 0.47 Million 2010 0.53 Million 2015 0.57 Million 2020 0.61 Million |
Urban population as % of total population |
1960 47% 1980 65% 2000 66% 2018 66% |
Population median age | 30.2 years (2018 estimate) |
Population growth rate | 1% (2018 estimate) |
Life expectancy | 72.8 years (2018 estimate) |
% of population living on less than $3.10 a day | N/A |
Inequality of wealth distribution (Gini index) | N/A |
Freedom House rating |
Political Rights: 2 Civil Liberties: 3 (2019) (1 represents the most free, 7 the least free rating) |
Total telephone subscribers as % of population |
Fixed 15.3% Mobile 139.5% (2018) (fixed-telephone subscribers and mobile-cellular subscribers) |
Internet users as % of total population | 48.95% (2015) |
Language & Religon
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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Literacy |
Total population: 95.6% Male: 96.1% Female: 95% (2018 est.) (age 15 and over can read and write) |
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.) |
World Rankings
Population | 0.61 million |
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Mercer Cost of living index | N/A |
C02 Emissions per capita | 3.6 metric tons (2014) |
Global Finance Rankings & Awards: Suriname
Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.
Data Sources:
IMF World Economic Outlook
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000