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Includes historical data for Suriname’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Crude Oil And Gold Exports Crucial For Economic Health

As one of Latin America’s smallest and most ethnically diverse nations, Suriname relies heavily on commodity exports like crude oil and gold, which alone contribute to about a third of government revenues, alongside agricultural goods, forestry and fisheries. Additionally, as a member of the Caribbean Community (CARICOM), and formerly known as Dutch Guiana, Suriname benefits from financial aid from the Netherlands and expatriate remittances.

However, despite enjoying a relatively high standard of living, Suriname has also faced challenges since gaining independence in 1975, including coups and civil unrest that have negatively impacted governance and the business climate. The country grapples with high public debt, corruption, outdated regulatory processes and inadequate infrastructure. The banking sector is underdeveloped, making access to credit difficult, while the formal labor market remains small, with the public sector serving as a primary source of employment.

Macroeconomy & Sovereign Data

Type of Government Presidential republic
Capital Paramaribo
Sovereign Ratings S&P: CCC+
Moody’s: Caa3
Fitch: Restricted default
Total Population 647,000
Median Age 28.4
Adult Per Capita Income (PPP) 22,442.32
Total GDP (2023) 4.3 billion

Suriname GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 1.7 billion (2023)
Leading Exports Gold
Refined Petroleum
Excavation Machinery
Total Imports USD 2.6 billion (2022)
Leading Imports Refined Petroleum
Excavation Machinery
Delivery Trucks
Source: World Integrated Trade Solution

Suriname Leading Companies

De Surinaamsche Bank (DSB) Financials
Surinaamse Postspaarbank (SPSB) Financials
Staatsolie Energy, Oil & Gas Exploration & Production
Energie Bedrijven Suriname (EBS) Utllities
Suriname Aluminum Metals & Mining
Telesur Telecommunication Services

Major Trade Partners — Import

United States 25%
Netherlands 17%
Trinidad and Tobago 14%
China 9%
Antigua and Barbuda 3%

Major Trade Partners — Export

Switzerland 49%
United Arab Emirates 26%
Belgium 4%
Trinidad and Tobago 3%
Brazil 3%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


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