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, chicken, plantains, vegetables, bananas, coconuts, cassava, eggs (2022).
More about the economy of Suriname
Labor force 250,000 (2023 est.)
Industrial production growth rate 3.05% (2022 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 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.)
Exchange rates 2019 7.458 (2019 est.)
Reserves of foreign exchange and gold
Reserves of foreign exchange and gold 2023 $1.346 billion (2023 est.)
Reserves of foreign exchange and gold 2022 $1.195 billion (2022 est.)
Reserves of foreign exchange and gold 2021 $992.257 million (2021 est.)
Current account balance
Current account balance 2023 $146.749 million (2023 est.)
Current account balance 2022 $76.321 million (2022 est.)
Current account balance 2021 $176.058 million (2021 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 3.88% of GDP (2023 est.)
Remittances 2022 4.09% of GDP (2022 est.)
Remittances 2021 4.79% of GDP (2021 est.)
Household income
Lowest 10% 2.2% (2022 est.)
Highest 10% 30.1% (2022 est.)
Imports
Imports 2023 $2.218 billion (2023 est.)
Imports 2022 $2.342 billion (2022 est.)
Imports 2021 $1.876 billion (2021 est.)
Imports (partners) US 25%, China 15%, Netherlands 13%, Trinidad and Tobago 6%, Japan 3% (2022)
Comodities Imports force refined petroleum, excavation machinery, cars, plastic products, tobacco (2022)
Exports
Imports 2023 $2.218 billion (2023 est.)
Imports 2022 $2.342 billion (2022 est.)
Imports 2021 $1.876 billion (2021 est.)
Exports (partners) Switzerland 39%, UAE 21%, Belgium 10%, Guyana 5%, Trinidad and Tobago 4% (2022)
Comodities Exports force gold, refined petroleum, excavation machinery, wood, fish (2022)
Real GDP (purchasing power parity)
Real GDP (purchasing power parity) 2023 $11.824 billion (2023 est.)
Real GDP (purchasing power parity) 2022 $11.583 billion (2022 est.)
Real GDP (purchasing power parity) 2021 $11.308 billion (2021 est.)
GDP (official exchange rate) $3.782 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 $18,400 (2021 est.)
GDP - composition, by sector of origin
Agriculture 8.1% (2022 est.)
Industry 44.8% (2022 est.)
Services 44.7% (2022 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 2023 7.7% (2023 est.)
Unemployment rate 2022 8.23% (2022 est.)
Unemployment rate 2021 8.46% (2021 est.)
Youth unemployment rate (ages 15-24)
Total 25.3% (2023 est.)
Male 17.8% (2023 est.)
Female 37.8% (2023 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