Industry (including construction), value added in Suriname
Suriname: Industry (including construction), value added was 3.87 billion constant LCU in 2024. ▲ Rising
Industry (including construction), value added in Suriname, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, industry (including construction), value added in Suriname stood at 3.87 billion constant LCU.
The figure 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 5.17 billion constant LCU in 2018 and was at its lowest, 2.26 billion constant LCU, in 1987.
Suriname ranks 161st of 200 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1975 | 3.60 billion constant LCU | — |
| 1976 | 4.03 billion constant LCU | +11.7% |
| 1977 | 4.44 billion constant LCU | +10.3% |
| 1978 | 4.39 billion constant LCU | -1.3% |
| 1979 | 4.10 billion constant LCU | -6.5% |
| 1980 | 2.96 billion constant LCU | -27.8% |
| 1981 | 3.08 billion constant LCU | +4.0% |
| 1982 | 2.62 billion constant LCU | -14.7% |
| 1983 | 2.34 billion constant LCU | -11.0% |
| 1984 | 2.41 billion constant LCU | +3.4% |
| 1985 | 2.53 billion constant LCU | +4.9% |
| 1986 | 2.74 billion constant LCU | +8.3% |
| 1987 | 2.26 billion constant LCU | -17.8% |
| 1988 | 2.72 billion constant LCU | +20.4% |
| 1989 | 2.78 billion constant LCU | +2.5% |
| 1990 | 2.80 billion constant LCU | +0.6% |
| 1991 | 2.84 billion constant LCU | +1.4% |
| 1992 | 2.81 billion constant LCU | -0.9% |
| 1993 | 2.51 billion constant LCU | -10.9% |
| 1994 | 2.57 billion constant LCU | +2.7% |
| 1995 | 2.55 billion constant LCU | -0.7% |
| 1996 | 2.71 billion constant LCU | +6.2% |
| 1997 | 2.65 billion constant LCU | -2.2% |
| 1998 | 2.85 billion constant LCU | +7.4% |
| 1999 | 2.66 billion constant LCU | -6.4% |
| 2000 | 2.98 billion constant LCU | +11.9% |
| 2001 | 3.34 billion constant LCU | +12.2% |
| 2002 | 3.30 billion constant LCU | -1.2% |
| 2003 | 3.46 billion constant LCU | +5.0% |
| 2004 | 3.96 billion constant LCU | +14.2% |
| 2005 | 4.36 billion constant LCU | +10.2% |
| 2006 | 4.47 billion constant LCU | +2.5% |
| 2007 | 4.65 billion constant LCU | +4.0% |
| 2008 | 5.02 billion constant LCU | +8.1% |
| 2009 | 4.57 billion constant LCU | -9.0% |
| 2010 | 4.89 billion constant LCU | +7.0% |
| 2011 | 5.17 billion constant LCU | +5.7% |
| 2012 | 4.62 billion constant LCU | -10.7% |
| 2013 | 4.88 billion constant LCU | +5.6% |
| 2014 | 4.75 billion constant LCU | -2.6% |
| 2015 | 4.77 billion constant LCU | +0.5% |
| 2016 | 4.17 billion constant LCU | -12.7% |
| 2017 | 4.99 billion constant LCU | +19.8% |
| 2018 | 5.17 billion constant LCU | +3.6% |
| 2019 | 4.92 billion constant LCU | -4.9% |
| 2020 | 4.06 billion constant LCU | -17.5% |
| 2021 | 3.62 billion constant LCU | -10.9% |
| 2022 | 3.71 billion constant LCU | +2.5% |
| 2023 | 3.78 billion constant LCU | +2.1% |
| 2024 | 3.87 billion constant LCU | +2.3% |
Suriname compared with similar countries
- Suriname's 3.87 billion constant LCU is below the median for upper middle income countries, which is 124.14 billion constant LCU, 3% of the median. (58 countries reporting)
- Suriname's 3.87 billion constant LCU is below the median for Latin America & Caribbean, which is 29.90 billion constant LCU, 13% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.11 billion constant LCU | 3.60 billion constant LCU | 4.44 billion constant LCU | 5 |
| 1980s | 2.64 billion constant LCU | 2.26 billion constant LCU | 3.08 billion constant LCU | 10 |
| 1990s | 2.70 billion constant LCU | 2.51 billion constant LCU | 2.85 billion constant LCU | 10 |
| 2000s | 4.01 billion constant LCU | 2.98 billion constant LCU | 5.02 billion constant LCU | 10 |
| 2010s | 4.83 billion constant LCU | 4.17 billion constant LCU | 5.17 billion constant LCU | 10 |
| 2020s | 3.81 billion constant LCU | 3.62 billion constant LCU | 4.06 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)
- 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 3.87 billion constant LCU 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 5.17 billion constant LCU in 2018.
- What is the lowest industry (including construction), value added recorded in Suriname?
- The lowest recorded value was 2.26 billion constant LCU in 1987.
- How does Suriname rank for industry (including construction), value added?
- Suriname ranks 161st out of 200 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 LCU). 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 varies by country. This series is expressed in local currency units.