The economic architecture of Suriname is substantial, anchored by a Gross Domestic Product (GDP) of approximately $3.46B
2023
. This places it as the 162nd largest economy out of 192 countries measured, underscoring its significance on the world stage. On a per capita basis, GDP stands at $5.49K
2023
, while its GDP adjusted for Purchasing Power Parity (PPP) is estimated at $13.29B, offering a clearer picture of the population's domestic purchasing power. The economy demonstrates solid, consistent growth, expanding at a healthy rate of 2.5%
2023
, though this rapid growth is shadowed by high inflation, with the Consumer Price Index (CPI) reaching 16.2%, suggesting the economy may be overheating.
2024
On the global stage, Suriname's trade and financial dynamics reveal a complex interplay of international and domestic factors. The country maintains a strong export-oriented economy, reflected in a significant trade surplus, with exports representing 52.5% of GDP compared to imports at 38.4%
2010
. The investment climate attracts significant Foreign Direct Investment (FDI), with inflows constituting -1.54% of the economy
2023
. This performance positions the country 172nd globally out of 187 nations, confirming its status as a competitive destination for foreign capital. Furthermore, personal remittances from its diaspora are a vital component of the economy, amounting to a substantial $146.89M annually
2023
.
The socio-economic landscape is characterized by a Gross National Income (GNI) per capita of $5,200
2023
, ranking the nation 108th out of 191. This figure provides a comprehensive measure of the average income per person, reflecting the nation's overall economic well-being. The labor market remains stable, with an unemployment rate of 7.3%.
2024
A key feature of the workforce is its concentration in the services sector, which accounts for 66.3% of total employment
2023
. The nation exhibits a moderate degree of income inequality, with a Gini index of 39.2.
2022
In the environmental and energy sectors, the nation's policies and outcomes reflect its developmental priorities. Energy consumption per capita stands at 1,739.168 kg of oil equivalent
2022
, a metric that often correlates with industrial activity and living standards. The energy portfolio remains heavily dependent on conventional sources, with renewables contributing a modest 14.5%
2021
. This commitment places it 67th among 191 countries, highlighting its relative progress in decarbonization. Total greenhouse gas emissions were last recorded at 3.74K tonnes of CO2 equivalent
2023
, a key factor in its national climate strategy and international obligations.

Key Economic Insights

Macroeconomic Health

Rampant inflation is the most urgent economic threat, eroding purchasing power, destabilizing markets, and complicating policy choices.

Trade & Investment Profile

The orientation towards global trade and foreign investment is a defining feature of the economic landscape.

Social Equity & Distribution

Ensuring equitable distribution of economic gains is fundamental for long-term social and political stability.

Energy & Sustainability

The transition to a sustainable energy framework is paramount for mitigating climate risk and securing future energy needs.

More About This Country

Neighbors & Regional Peers

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.