Industry (including construction), value added in Suriname
Suriname: Industry (including construction), value added was 35.1% in 2024. ▼ Falling
Industry (including construction), value added in Suriname, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in Suriname is 35.1%, measured in 2024.
Compared with earlier readings it is down 11.6% on the previous year and up 15.9% over ten years.
Over the whole period, industry (including construction), value added in Suriname peaked at 47.8% in 1974 and was at its lowest, 16.1%, in 1993.
Suriname ranks 32nd of 207 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 65 years of available data.
Industry (including construction), value added in Suriname, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 41.7% | — |
| 1961 | 38.3% | -8.1% |
| 1962 | 36.0% | -5.9% |
| 1963 | 35.0% | -2.9% |
| 1964 | 36.1% | +3.2% |
| 1965 | 37.1% | +2.7% |
| 1966 | 43.7% | +17.8% |
| 1967 | 45.2% | +3.6% |
| 1968 | 46.2% | +2.1% |
| 1969 | 45.4% | -1.8% |
| 1970 | 41.7% | -8.2% |
| 1971 | 43.3% | +4.0% |
| 1972 | 42.5% | -1.8% |
| 1973 | 44.2% | +3.9% |
| 1974 | 47.8% | +8.2% |
| 1975 | 32.1% | -32.9% |
| 1976 | 34.2% | +6.6% |
| 1977 | 36.4% | +6.5% |
| 1978 | 33.3% | -8.7% |
| 1979 | 33.8% | +1.6% |
| 1980 | 32.8% | -2.9% |
| 1981 | 32.3% | -1.5% |
| 1982 | 29.5% | -8.9% |
| 1983 | 27.4% | -7.0% |
| 1984 | 28.1% | +2.5% |
| 1985 | 27.0% | -3.7% |
| 1986 | 26.0% | -3.9% |
| 1987 | 23.3% | -10.3% |
| 1988 | 26.0% | +11.4% |
| 1989 | 25.2% | -3.1% |
| 1990 | 22.5% | -10.7% |
| 1991 | 18.1% | -19.6% |
| 1992 | 16.8% | -7.1% |
| 1993 | 16.1% | -3.9% |
| 1994 | 27.3% | +69.2% |
| 1995 | 29.2% | +7.0% |
| 1996 | 26.3% | -10.1% |
| 1997 | 27.2% | +3.5% |
| 1998 | 21.2% | -22.1% |
| 1999 | 21.9% | +3.4% |
| 2000 | 24.9% | +13.7% |
| 2001 | 24.8% | -0.5% |
| 2002 | 28.7% | +15.7% |
| 2003 | 26.8% | -6.5% |
| 2004 | 31.0% | +15.8% |
| 2005 | 33.8% | +9.1% |
| 2006 | 37.0% | +9.3% |
| 2007 | 37.1% | +0.2% |
| 2008 | 40.1% | +8.1% |
| 2009 | 34.3% | -14.4% |
| 2010 | 35.2% | +2.6% |
| 2011 | 35.1% | -0.2% |
| 2012 | 35.3% | +0.4% |
| 2013 | 32.3% | -8.5% |
| 2014 | 30.2% | -6.2% |
| 2015 | 27.3% | -9.9% |
| 2016 | 26.8% | -1.9% |
| 2017 | 38.3% | +43.1% |
| 2018 | 36.8% | -3.9% |
| 2019 | 33.9% | -7.8% |
| 2020 | 36.6% | +7.9% |
| 2021 | 37.7% | +3.1% |
| 2022 | 42.2% | +12.0% |
| 2023 | 39.7% | -6.1% |
| 2024 | 35.1% | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 40.5% | 35.0% | 46.2% | 10 |
| 1970s | 38.9% | 32.1% | 47.8% | 10 |
| 1980s | 27.8% | 23.3% | 32.8% | 10 |
| 1990s | 22.6% | 16.1% | 29.2% | 10 |
| 2000s | 31.8% | 24.8% | 40.1% | 10 |
| 2010s | 33.1% | 26.8% | 38.3% | 10 |
| 2020s | 38.2% | 35.1% | 42.2% | 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)
- Manufacturing, value added (constant LCU), per capita 3,275 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 12.39 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.3505 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 2,440 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 1.4 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 11.63 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 80,968 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 2.28 % change on previous year (2024)
Frequently asked questions
- What is industry (including construction), value added in Suriname?
- Industry (including construction), value added in Suriname was 35.1% 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 47.8% in 1974.
- What is the lowest industry (including construction), value added recorded in Suriname?
- The lowest recorded value was 16.1% in 1993.
- How does Suriname rank for industry (including construction), value added?
- Suriname ranks 32nd out of 207 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Suriname?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.