Insurance and financial services in Suriname
Suriname: Insurance and financial services was 2.2% in 2025. ▲ Rising
Insurance and financial services in Suriname, 2005–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for insurance and financial services in Suriname is 2.2%, measured in 2025.
The figure is down 51.7% on the previous year and down 58.3% over ten years.
Over the whole period, insurance and financial services in Suriname peaked at 6.5% in 2016 and was at its lowest, 1.4%, in 2005.
That places Suriname 170th out of 197 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Insurance and financial services in Suriname, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 2005 | 1.4% | — |
| 2006 | 1.6% | +13.5% |
| 2007 | 1.7% | +1.0% |
| 2008 | 1.9% | +15.1% |
| 2009 | 1.9% | -0.8% |
| 2010 | 2.5% | +31.6% |
| 2011 | 2.7% | +7.6% |
| 2012 | 3.6% | +33.5% |
| 2013 | 4.6% | +28.4% |
| 2014 | 3.2% | -30.8% |
| 2015 | 5.3% | +66.3% |
| 2016 | 6.5% | +22.9% |
| 2017 | 3.7% | -42.5% |
| 2018 | 4.7% | +26.3% |
| 2019 | 3.1% | -35.4% |
| 2020 | 4.5% | +46.3% |
| 2021 | 4.2% | -5.9% |
| 2022 | 2.5% | -40.1% |
| 2023 | 3.9% | +54.6% |
| 2024 | 4.6% | +17.2% |
| 2025 | 2.2% | -51.7% |
Suriname compared with similar countries
- Suriname's 2.2% is below the median for upper middle income countries, which is 6.2%, 36% of the median. (55 countries reporting)
- Suriname's 2.2% is below the median for Latin America & Caribbean, which is 10.1%, 22% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.7% | 1.4% | 1.9% | 5 |
| 2010s | 4.0% | 2.5% | 6.5% | 10 |
| 2020s | 3.6% | 2.2% | 4.6% | 6 |
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 insurance and financial services in Suriname?
- Insurance and financial services in Suriname was 2.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Suriname?
- The highest recorded value was 6.5% in 2016.
- What is the lowest insurance and financial services recorded in Suriname?
- The lowest recorded value was 1.4% in 2005.
- How does Suriname rank for insurance and financial services?
- Suriname ranks 170th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Suriname?
- Over the last ten years it is down 58.3%. The long-run trend across the full record is rising.
- Where does this Suriname data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.