Gross value added at basic prices (GVA) (constant LCU) in Suriname
Suriname: Gross value added at basic prices (GVA) (constant LCU) was 14.48 billion constant LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Suriname, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Suriname recorded 14.48 billion constant LCU for gross value added at basic prices (gva) in 2024.
Compared with earlier readings it is up 1.7% on the previous year and down 13.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Suriname peaked at 16.64 billion constant LCU in 2014 and was at its lowest, 8.17 billion constant LCU, in 1987.
That places Suriname 161st out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Gross value added at basic prices (GVA) (constant LCU) in Suriname, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | 8.36 billion constant LCU | — |
| 1976 | 8.48 billion constant LCU | +1.5% |
| 1977 | 9.55 billion constant LCU | +12.5% |
| 1978 | 10.05 billion constant LCU | +5.3% |
| 1979 | 9.64 billion constant LCU | -4.1% |
| 1980 | 8.76 billion constant LCU | -9.1% |
| 1981 | 9.38 billion constant LCU | +7.1% |
| 1982 | 8.99 billion constant LCU | -4.2% |
| 1983 | 8.64 billion constant LCU | -3.9% |
| 1984 | 8.47 billion constant LCU | -1.9% |
| 1985 | 8.64 billion constant LCU | +2.0% |
| 1986 | 8.71 billion constant LCU | +0.8% |
| 1987 | 8.17 billion constant LCU | -6.2% |
| 1988 | 8.81 billion constant LCU | +7.8% |
| 1989 | 9.18 billion constant LCU | +4.2% |
| 1990 | 8.77 billion constant LCU | -4.5% |
| 1991 | 9.01 billion constant LCU | +2.7% |
| 1992 | 9.04 billion constant LCU | +0.4% |
| 1993 | 8.43 billion constant LCU | -6.7% |
| 1994 | 8.72 billion constant LCU | +3.4% |
| 1995 | 8.72 billion constant LCU | +0.0% |
| 1996 | 8.81 billion constant LCU | +1.1% |
| 1997 | 9.32 billion constant LCU | +5.7% |
| 1998 | 9.53 billion constant LCU | +2.3% |
| 1999 | 9.40 billion constant LCU | -1.4% |
| 2000 | 9.59 billion constant LCU | +2.0% |
| 2001 | 9.98 billion constant LCU | +4.0% |
| 2002 | 10.26 billion constant LCU | +2.8% |
| 2003 | 10.90 billion constant LCU | +6.2% |
| 2004 | 11.82 billion constant LCU | +8.4% |
| 2005 | 12.34 billion constant LCU | +4.4% |
| 2006 | 12.82 billion constant LCU | +4.0% |
| 2007 | 13.47 billion constant LCU | +5.0% |
| 2008 | 14.03 billion constant LCU | +4.2% |
| 2009 | 14.45 billion constant LCU | +3.0% |
| 2010 | 15.20 billion constant LCU | +5.2% |
| 2011 | 15.92 billion constant LCU | +4.8% |
| 2012 | 16.17 billion constant LCU | +1.6% |
| 2013 | 16.63 billion constant LCU | +2.9% |
| 2014 | 16.64 billion constant LCU | +0.0% |
| 2015 | 16.14 billion constant LCU | -3.0% |
| 2016 | 15.35 billion constant LCU | -4.9% |
| 2017 | 15.59 billion constant LCU | +1.6% |
| 2018 | 16.36 billion constant LCU | +4.9% |
| 2019 | 16.55 billion constant LCU | +1.2% |
| 2020 | 13.91 billion constant LCU | -16.0% |
| 2021 | 13.57 billion constant LCU | -2.4% |
| 2022 | 13.90 billion constant LCU | +2.4% |
| 2023 | 14.23 billion constant LCU | +2.4% |
| 2024 | 14.48 billion constant LCU | +1.7% |
Suriname compared with similar countries
- Suriname's 14.48 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 3% of the median. (57 countries reporting)
- Suriname's 14.48 billion constant LCU is below the median for Latin America & Caribbean, which is 111.15 billion constant LCU, 13% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.21 billion constant LCU | 8.36 billion constant LCU | 10.05 billion constant LCU | 5 |
| 1980s | 8.77 billion constant LCU | 8.17 billion constant LCU | 9.38 billion constant LCU | 10 |
| 1990s | 8.98 billion constant LCU | 8.43 billion constant LCU | 9.53 billion constant LCU | 10 |
| 2000s | 11.97 billion constant LCU | 9.59 billion constant LCU | 14.45 billion constant LCU | 10 |
| 2010s | 16.06 billion constant LCU | 15.20 billion constant LCU | 16.64 billion constant LCU | 10 |
| 2020s | 14.02 billion constant LCU | 13.57 billion constant LCU | 14.48 billion constant LCU | 5 |
Countries ranked near Suriname
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) in Suriname?
- Gross value added at basic prices (gva) in Suriname was 14.48 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Suriname?
- The highest recorded value was 16.64 billion constant LCU in 2014.
- What is the lowest gross value added at basic prices (gva) recorded in Suriname?
- The lowest recorded value was 8.17 billion constant LCU in 1987.
- How does Suriname rank for gross value added at basic prices (gva)?
- Suriname ranks 161st out of 198 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Suriname?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is rising.
- Where does this Suriname data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.