The Gross Domestic Product (GDP) in Suriname expanded 2.50 percent in the fourth quarter of 2023 over the same quarter of the previous year. GDP Annual Growth Rate in Suriname averaged 1.07 percent from 1977 until 2023, reaching an all time high of 10.80 percent in 1988 and a record low of -16.00 percent in 2020. source: Central Bank of Suriname

GDP Annual Growth Rate in Suriname is expected to reach 2.50 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Suriname GDP Annual Growth Rate is projected to trend around 2.80 percent in 2025 and 3.00 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
GDP 3.78 3.62 USD Billion Dec 2023
GDP Annual Growth Rate 2.50 2.40 percent Dec 2023
GDP Constant Prices 15456.00 15081.00 SRD Million Dec 2023
GDP per Capita 7229.41 7141.96 USD Dec 2023
GDP per Capita PPP 18971.22 18741.74 USD Dec 2023

Suriname GDP Annual Growth Rate
Suriname is the smallest country in the South America. Suriname is a large producer of bauxite (the country has one of the world’s biggest reserves), gold and oil. As such, the economy is highly dependent on mining and drilling industry which accounts for 85 percent of total exports and 25 percent of government revenues. In recent years, the government has undertaken series of reforms aiming at increasing fiscal revenues and improving the infrastructure. As a result, the country is expected to keep the current pace of expansion.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.40 10.80 -16.00 1977 - 2023 percent Yearly