Gross value added at basic prices (GVA) … constant annual growth rate in Suriname
Suriname: Gross value added at basic prices (GVA) … constant annual growth rate was 1.72 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Suriname, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Suriname recorded 1.72 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth in 2024.
That represents a change of down 28.8% on the previous year and up 5,104.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Suriname peaked at 12.53 % change on previous year in 1977 and was at its lowest, -15.97 % change on previous year, in 2020.
Suriname ranks 139th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … constant annual growth rate in Suriname, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | 1.48 % change on previous year | — |
| 1977 | 12.53 % change on previous year | +747.4% |
| 1978 | 5.25 % change on previous year | -58.1% |
| 1979 | -4.11 % change on previous year | -178.2% |
| 1980 | -9.09 % change on previous year | +121.3% |
| 1981 | 7.08 % change on previous year | -177.9% |
| 1982 | -4.18 % change on previous year | -159.0% |
| 1983 | -3.92 % change on previous year | -6.1% |
| 1984 | -1.89 % change on previous year | -51.8% |
| 1985 | 2 % change on previous year | -206.0% |
| 1986 | 0.7554 % change on previous year | -62.3% |
| 1987 | -6.22 % change on previous year | -923.7% |
| 1988 | 7.83 % change on previous year | -225.9% |
| 1989 | 4.23 % change on previous year | -46.1% |
| 1990 | -4.48 % change on previous year | -206.0% |
| 1991 | 2.74 % change on previous year | -161.2% |
| 1992 | 0.3777 % change on previous year | -86.2% |
| 1993 | -6.72 % change on previous year | -1878.8% |
| 1994 | 3.4 % change on previous year | -150.6% |
| 1995 | 0 % change on previous year | -100.0% |
| 1996 | 1.06 % change on previous year | — |
| 1997 | 5.73 % change on previous year | +441.6% |
| 1998 | 2.32 % change on previous year | -59.5% |
| 1999 | -1.4 % change on previous year | -160.4% |
| 2000 | 2.04 % change on previous year | -245.7% |
| 2001 | 4.03 % change on previous year | +97.2% |
| 2002 | 2.82 % change on previous year | -29.9% |
| 2003 | 6.23 % change on previous year | +120.5% |
| 2004 | 8.45 % change on previous year | +35.7% |
| 2005 | 4.36 % change on previous year | -48.4% |
| 2006 | 3.96 % change on previous year | -9.0% |
| 2007 | 5.01 % change on previous year | +26.5% |
| 2008 | 4.17 % change on previous year | -16.9% |
| 2009 | 2.99 % change on previous year | -28.2% |
| 2010 | 5.17 % change on previous year | +72.7% |
| 2011 | 4.79 % change on previous year | -7.2% |
| 2012 | 1.56 % change on previous year | -67.4% |
| 2013 | 2.85 % change on previous year | +82.5% |
| 2014 | 0.0331 % change on previous year | -98.8% |
| 2015 | -2.99 % change on previous year | -9142.5% |
| 2016 | -4.91 % change on previous year | +64.3% |
| 2017 | 1.57 % change on previous year | -131.9% |
| 2018 | 4.95 % change on previous year | +215.9% |
| 2019 | 1.17 % change on previous year | -76.4% |
| 2020 | -15.97 % change on previous year | -1468.4% |
| 2021 | -2.44 % change on previous year | -84.8% |
| 2022 | 2.41 % change on previous year | -198.8% |
| 2023 | 2.42 % change on previous year | +0.4% |
| 2024 | 1.72 % change on previous year | -28.8% |
Suriname compared with similar countries
- Suriname's 1.72 % change on previous year is below the median for upper middle income countries, which is 3.16 % change on previous year, 54% of the median. (57 countries reporting)
- Suriname's 1.72 % change on previous year is below the median for Latin America & Caribbean, which is 3.18 % change on previous year, 54% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) … constant annual growth rate in Suriname changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -9142.5% | 0.0331 % change on previous year | -2.99 % change on previous year |
| 1993 | -1878.8% | 0.3777 % change on previous year | -6.72 % change on previous year |
| 2020 | -1468.4% | 1.17 % change on previous year | -15.97 % change on previous year |
| 1987 | -923.7% | 0.7554 % change on previous year | -6.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.79 % change on previous year | -4.11 % change on previous year | 12.53 % change on previous year | 4 |
| 1980s | -0.3398 % change on previous year | -9.09 % change on previous year | 7.83 % change on previous year | 10 |
| 1990s | 0.3034 % change on previous year | -6.72 % change on previous year | 5.73 % change on previous year | 10 |
| 2000s | 4.41 % change on previous year | 2.04 % change on previous year | 8.45 % change on previous year | 10 |
| 2010s | 1.42 % change on previous year | -4.91 % change on previous year | 5.17 % change on previous year | 10 |
| 2020s | -2.37 % change on previous year | -15.97 % change on previous year | 2.42 % change on previous year | 5 |
Countries ranked near Suriname
- 136 Ukraine 1.83 % change on previous year compare
- 137 Serbia 1.77 % change on previous year compare
- 138 Portugal 1.73 % change on previous year compare
- 140 Bosnia and Herzegovina 1.61 % change on previous year compare
- 141 Namibia 1.57 % change on previous year compare
- 142 Canada 1.57 % change on previous year compare
More economy & growth data for Suriname
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.22 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -16.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0232 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 164.03 units per person (2025)
- SDRs holdings, SDR, annual growth rate -20.08 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0169 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 119.77 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 14.63 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.1688 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Suriname?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Suriname was 1.72 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Suriname?
- The highest recorded value was 12.53 % change on previous year in 1977.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Suriname?
- The lowest recorded value was -15.97 % change on previous year in 2020.
- How does Suriname rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Suriname ranks 139th out of 195 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Suriname?
- Over the last ten years it is up 5,104.4%. The long-run trend across the full record is volatile.
- Where does this Suriname data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.