Suriname's GDP changed from approximately $1B 276M in 1980 to $4B 337M in 2024, showing an overall 239.9% sharply increased during the period.
The lowest GDP was recorded in 1993 at $465M, and the highest in 2014 at $5B 612M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 2.8%.
For comparison, the average annual growth rate of Guyana was 7.6%, and that of Venezuela was 0.9%.
Overview of Suriname's GDP (1980–2024)
The Gross Domestic Product (GDP) of Suriname recorded a 239.9% sharply increased from 1980 to 2024.
The average GDP during this period was $2B 495M, and the median was $1B 864M.
GDP fluctuated within a range of $5B 147M, with a standard deviation of $1B 527M.
The average annual change was $89M 926K.
Suriname GDP from 1980 to 2024
The total market value of goods and services produced annually in Suriname.
Highest and Lowest GDP Records
- Lowest GDP: 1993, $465M
- Highest GDP: 2014, $5B 612M
- Most Recent GDP: 2024, $4B 337M
Notable Annual GDP Changes
- 2008: Significant increase in GDP
- 2016: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Suriname's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $4B 16M → $2B 912M
- Outcome: sharply declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $3B 144M → $4B 150M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $1B 355M → $1B 167M
- Outcome: sharply declined
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $1B 322M → $1B 588M
- Outcome: sharply increased
Key Economic Indicators of Suriname (1980–2024)
| year | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
1980 | $ 1B 276M | $ 0 | $ 0 | $ 2B 187M | -6.5 % | 1.215 % | 0 % | 0 % | 0 person |
1981 | $ 1B 427M | $ 0 | $ 0 | $ 2B 440M | 1.9 % | -1.913 % | 0 % | 0 % | 0 person |
1982 | $ 1B 469M | $ 0 | $ 0 | $ 2B 427M | -6.3 % | -3.839 % | 0 % | 0 % | 0 person |
1983 | $ 1B 419M | $ 0 | $ 0 | $ 2B 394M | -5.1 % | -12.167 % | 0 % | 0 % | 0 person |
1984 | $ 1B 387M | $ 0 | $ 0 | $ 2B 406M | -3 % | -8.484 % | 0 % | 0 % | 0 person |
1985 | $ 1B 402M | $ 0 | $ 0 | $ 2B 460M | -0.9 % | -2.29 % | 0 % | 0 % | 0 person |
1986 | $ 1B 430M | $ 0 | $ 0 | $ 2B 449M | -2.4 % | -3.446 % | 0 % | 0 % | 0 person |
1987 | $ 1B 573M | $ 0 | $ 0 | $ 2B 289M | -8.8 % | -1.933 % | 0 % | 0 % | 0 person |
1988 | $ 1B 864M | $ 0 | $ 0 | $ 2B 625M | 10.8 % | -1.98 % | 0 % | 0 % | 0 person |
1989 | $ 2B 177M | $ 0 | $ 0 | $ 2B 791M | 2.3 % | 7.679 % | 0 % | 0 % | 0 person |
1990 | $ 577M | $ 1,412.47 | $ 6,979.22 | $ 2B 852M | -1.5 % | -0.329 % | 0 % | -0.533 % | 409,000 people |
1991 | $ 637M | $ 1,537.05 | $ 6,137.24 | $ 2B 542M | -13.799 % | -15.05 % | −14.53 % | -7.111 % | 414,000 people |
1992 | $ 590M | $ 1,405.47 | $ 6,435.53 | $ 2B 701M | 3.9 % | -4.238 % | −3.05 % | -4.12 % | 420,000 people |
1993 | $ 465M | $ 1,093.84 | $ 6,357.77 | $ 2B 704M | -2.2 % | 4.535 % | 6.25 % | -2.712 % | 425,000 people |
1994 | $ 523M | $ 1,212.38 | $ 5,958.99 | $ 2B 569M | -7 % | 10.161 % | 28.74 % | -0.762 % | 431,000 people |
1995 | $ 993M | $ 2,272.33 | $ 6,681.69 | $ 2B 919M | 11.3 % | 6.317 % | 28.43 % | 1.577 % | 437,000 people |
1996 | $ 1B 234M | $ 2,787.96 | $ 7,465.84 | $ 3B 305M | 11.2 % | -5.145 % | 19.87 % | 3.908 % | 443,000 people |
1997 | $ 1B 322M | $ 2,947.26 | $ 8,018.57 | $ 3B 597M | 7 % | -6.965 % | 18.38 % | -0.297 % | 449,000 people |
1998 | $ 1B 588M | $ 3,492.77 | $ 8,177.33 | $ 3B 718M | 2.2 % | -11.543 % | 11.06 % | -6.389 % | 455,000 people |
1999 | $ 1B 308M | $ 2,839.04 | $ 8,109.53 | $ 3B 737M | -0.9 % | -6.872 % | 13.87 % | -4.917 % | 461,000 people |