Industry (including construction), value added in Suriname
Suriname: Industry (including construction), value added was 1.13 billion constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Suriname, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Suriname recorded 1.13 billion constant 2015 US$ for industry (including construction), value added in 2024.
Compared with earlier readings it is up 2.3% on the previous year and down 18.5% over ten years.
Over the whole period, industry (including construction), value added in Suriname peaked at 1.51 billion constant 2015 US$ in 2018 and was at its lowest, 660.37 million constant 2015 US$, in 1987.
That places Suriname 155th out of 196 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Industry (including construction), value added in Suriname, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 1.06 billion constant 2015 US$ | — |
| 1976 | 1.18 billion constant 2015 US$ | +11.7% |
| 1977 | 1.30 billion constant 2015 US$ | +10.3% |
| 1978 | 1.28 billion constant 2015 US$ | -1.3% |
| 1979 | 1.20 billion constant 2015 US$ | -6.5% |
| 1980 | 866.11 million constant 2015 US$ | -27.8% |
| 1981 | 900.95 million constant 2015 US$ | +4.0% |
| 1982 | 768.22 million constant 2015 US$ | -14.7% |
| 1983 | 683.60 million constant 2015 US$ | -11.0% |
| 1984 | 706.82 million constant 2015 US$ | +3.4% |
| 1985 | 741.67 million constant 2015 US$ | +4.9% |
| 1986 | 803.06 million constant 2015 US$ | +8.3% |
| 1987 | 660.37 million constant 2015 US$ | -17.8% |
| 1988 | 794.76 million constant 2015 US$ | +20.4% |
| 1989 | 814.67 million constant 2015 US$ | +2.5% |
| 1990 | 819.65 million constant 2015 US$ | +0.6% |
| 1991 | 830.92 million constant 2015 US$ | +1.4% |
| 1992 | 823.41 million constant 2015 US$ | -0.9% |
| 1993 | 733.27 million constant 2015 US$ | -10.9% |
| 1994 | 752.99 million constant 2015 US$ | +2.7% |
| 1995 | 747.36 million constant 2015 US$ | -0.7% |
| 1996 | 793.36 million constant 2015 US$ | +6.2% |
| 1997 | 775.52 million constant 2015 US$ | -2.2% |
| 1998 | 832.79 million constant 2015 US$ | +7.4% |
| 1999 | 779.28 million constant 2015 US$ | -6.4% |
| 2000 | 872.23 million constant 2015 US$ | +11.9% |
| 2001 | 978.32 million constant 2015 US$ | +12.2% |
| 2002 | 966.12 million constant 2015 US$ | -1.2% |
| 2003 | 1.01 billion constant 2015 US$ | +5.0% |
| 2004 | 1.16 billion constant 2015 US$ | +14.2% |
| 2005 | 1.28 billion constant 2015 US$ | +10.2% |
| 2006 | 1.31 billion constant 2015 US$ | +2.5% |
| 2007 | 1.36 billion constant 2015 US$ | +4.0% |
| 2008 | 1.47 billion constant 2015 US$ | +8.1% |
| 2009 | 1.34 billion constant 2015 US$ | -9.0% |
| 2010 | 1.43 billion constant 2015 US$ | +7.0% |
| 2011 | 1.51 billion constant 2015 US$ | +5.7% |
| 2012 | 1.35 billion constant 2015 US$ | -10.7% |
| 2013 | 1.43 billion constant 2015 US$ | +5.6% |
| 2014 | 1.39 billion constant 2015 US$ | -2.6% |
| 2015 | 1.40 billion constant 2015 US$ | +0.5% |
| 2016 | 1.22 billion constant 2015 US$ | -12.7% |
| 2017 | 1.46 billion constant 2015 US$ | +19.8% |
| 2018 | 1.51 billion constant 2015 US$ | +3.6% |
| 2019 | 1.44 billion constant 2015 US$ | -4.9% |
| 2020 | 1.19 billion constant 2015 US$ | -17.5% |
| 2021 | 1.06 billion constant 2015 US$ | -10.9% |
| 2022 | 1.08 billion constant 2015 US$ | +2.5% |
| 2023 | 1.11 billion constant 2015 US$ | +2.1% |
| 2024 | 1.13 billion constant 2015 US$ | +2.3% |
Suriname compared with similar countries
- Suriname's 1.13 billion constant 2015 US$ is below the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 8% of the median. (58 countries reporting)
- Suriname's 1.13 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 6.95 billion constant 2015 US$, 16% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.20 billion constant 2015 US$ | 1.06 billion constant 2015 US$ | 1.30 billion constant 2015 US$ | 5 |
| 1980s | 774.02 million constant 2015 US$ | 660.37 million constant 2015 US$ | 900.95 million constant 2015 US$ | 10 |
| 1990s | 788.85 million constant 2015 US$ | 733.27 million constant 2015 US$ | 832.79 million constant 2015 US$ | 10 |
| 2000s | 1.17 billion constant 2015 US$ | 872.23 million constant 2015 US$ | 1.47 billion constant 2015 US$ | 10 |
| 2010s | 1.41 billion constant 2015 US$ | 1.22 billion constant 2015 US$ | 1.51 billion constant 2015 US$ | 10 |
| 2020s | 1.11 billion constant 2015 US$ | 1.06 billion constant 2015 US$ | 1.19 billion constant 2015 US$ | 5 |
Countries ranked near Suriname
- 152 Moldova 1.73 billion constant 2015 US$ compare
- 153 Mauritania 1.58 billion constant 2015 US$ compare
- 154 Bahamas 1.25 billion constant 2015 US$ compare
- 156 Bhutan 977.37 million constant 2015 US$ compare
- 157 Liberia 871.67 million constant 2015 US$ compare
- 158 Barbados 766.32 million constant 2015 US$ 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -919,348 BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0002 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1.44 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 2.04 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 206.03 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.4506 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 3,186 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -1.01 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Suriname?
- Industry (including construction), value added in Suriname was 1.13 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Suriname?
- The highest recorded value was 1.51 billion constant 2015 US$ in 2018.
- What is the lowest industry (including construction), value added recorded in Suriname?
- The lowest recorded value was 660.37 million constant 2015 US$ in 1987.
- How does Suriname rank for industry (including construction), value added?
- Suriname ranks 155th out of 196 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Suriname?
- Over the last ten years it is down 18.5%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.