Suriname - Economy
How is the economy of Suriname? Based on the information we have, Suriname has a 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. Key agricultural products in this country include: rice, sugarcane, oranges, vegetables, chicken, cassava, plantains, pineapples, eggs, citrus fruits (2023).
More about the economy of Suriname
Labor force 255,500 (2024 est.)
Industrial production growth rate 2.07% (2023 est.)
Industries gold mining, oil, lumber, food processing, fishing
Population below poverty line
Taxes and other revenues 16.4% (of GDP) (2017 est.)
Fiscal year
Exchange rates
Currency Surinamese dollars (SRD) per US dollar -
Exchange rates 2024 33.181 (2024 est.)
Exchange rates 2023 36.776 (2023 est.)
Exchange rates 2022 24.709 (2022 est.)
Exchange rates 2021 18.239 (2021 est.)
Exchange rates 2020 9.31 (2020 est.)
Debt - external
Debt - external 2023 $2.645 billion (2023 est.)
Reserves of foreign exchange and gold
Reserves of foreign exchange and gold 2024 $1.53 billion (2024 est.)
Reserves of foreign exchange and gold 2023 $1.346 billion (2023 est.)
Reserves of foreign exchange and gold 2022 $1.195 billion (2022 est.)
Current account balance
Current account balance 2024 $9.166 million (2024 est.)
Current account balance 2023 $147.978 million (2023 est.)
Current account balance 2022 $76.321 million (2022 est.)
Public debt
Public debt 2017 69.3% of GDP (2017 est.)
Budget
Revenues $863 million (2019 est.)
Expenditures $1.648 billion (2019 est.)
Budget surplus (+) or deficit (-)
Remittances
Remittances 2023 4.25% of GDP (2023 est.)
Remittances 2022 3.91% of GDP (2022 est.)
Remittances 2021 4.75% of GDP (2021 est.)
Household income
Lowest 10% 2.2% (2022 est.)
Highest 10% 30.1% (2022 est.)
Imports
Imports 2024 $2.571 billion (2024 est.)
Imports 2023 $2.203 billion (2023 est.)
Imports 2022 $2.342 billion (2022 est.)
Imports (partners) USA 22%, China 12%, Netherlands 11%, Trinidad & Tobago 9%, Guyana 8% (2023)
Comodities Imports force refined petroleum, ships, excavation machinery, trucks, tobacco (2023)
Exports
Imports 2024 $2.571 billion (2024 est.)
Imports 2023 $2.203 billion (2023 est.)
Imports 2022 $2.342 billion (2022 est.)
Exports (partners) Switzerland 49%, UAE 28%, Guyana 5%, USA 4%, France 3% (2023)
Comodities Exports force gold, fish, refined petroleum, wood, tobacco (2023)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2023 $11.976 billion (2023 est.)
Real GDP (purchasing power parity) 2022 $11.68 billion (2022 est.)
Real GDP (purchasing power parity) 2021 $11.405 billion (2021 est.)
GDP (official exchange rate) $3.455 billion (2023 est.)
Real GDP Per capita
Real GDP per capita 2023 $19,000 (2023 est.)
Real GDP per capita 2022 $18,700 (2022 est.)
Real GDP per capita 2021 $18,500 (2021 est.)
GDP - composition, by sector of origin
Agriculture 7.5% (2023 est.)
Industry 39.9% (2023 est.)
Services 48.3% (2023 est.)
GDP - composition, by end use
Household consumption 27.6% (2017 est.)
Government consumption 11.7% (2017 est.)
Investment in fixed capital 52.5% (2017 est.)
Investment in inventories 26.5% (2017 est.)
Exports of goods and services 68.9% (2017 est.)
Imports of goods and services -60.6% (2017 est.)
Unemployment rate
Unemployment rate 2024 7.3% (2024 est.)
Unemployment rate 2023 7.6% (2023 est.)
Unemployment rate 2022 8.2% (2022 est.)
Youth unemployment rate (ages 15-24)
Total 24.2% (2024 est.)
Male 16.9% (2024 est.)
Female 35.9% (2024 est.)
All Important Facts about Suriname

Want to know more about Suriname? Check all different factbooks for Suriname below.

Suriname is found in South America