Indicators of economy in Suriname
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.912 US Dollar per capita. In contrast, the GDP in Suriname reached 4.917 US dollars per inhabitant, or 2.88 bn US Dollar in the whole country. Suriname is currently at number 175 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Suriname is in the list of the world's richest countries in place 79.Inflation in Suriname was in 2021 at around 59.11%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 65.0% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
Back to overview: Suriname
Impact of the Covid-19 pandemic in 2020
The consequences of the Covid pandemic in 2020 were considerable in Suriname. Overall, gross domestic product in 2020 fell from 3.98 billion US Dollar auf 2.88 billion US Dollar. With a large drop of 27.61 percent, the economy in Suriname has struggled significantly more than other countries. The tourism sector alone slumped by around 70 percent. The unemployment rate rose from 8.0 to 9.8 percent.Unemployment rates in percent 1991 - 2021
Economic performance 2020
Suriname Total | Suriname per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 2.88 bn USD | 4,916.61 USD | 15,291.93 tn USD | 29,710.69 USD |
Gross national product | 2.71 bn USD | 4,619.03 USD | 15,330.84 tn USD | 29,786.28 USD |
Development of gross domestic product in million US Dollar 1960 - 2020
› Debt budget development
› Development of inflation
› Corruption in Suriname
› Cost of living in a global comparison
› Development of inflation
› Corruption in Suriname
› Cost of living in a global comparison
Im- and Exports 2020
Suriname Total | Suriname per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 1.85 bn USD | 3,146.07 USD | 7,340.01 bn USD | 14,260.90 USD |
Exports | 2.45 bn USD | 4,170.22 USD | 7,939.04 bn USD | 15,424.75 USD |
Development of imports and exports in million US dollars 2005 - 2020
Exports
Imports