Services, value added (% of GDP) in Suriname
Suriname: Services, value added (% of GDP) was 50.8% in 2024. ▲ Rising
Services, value added in Suriname, 1960–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Suriname recorded 50.8% for services, value added in 2024.
That represents a change of up 4.1% on the previous year and down 2.7% over ten years.
Over the whole period, services, value added in Suriname peaked at 66.0% in 1987 and was at its lowest, 33.2%, in 1995.
That places Suriname 145th out of 206 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Services, value added (% of GDP) in Suriname, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 39.2% | — |
| 1961 | 40.7% | +3.8% |
| 1962 | 41.5% | +2.0% |
| 1963 | 40.8% | -1.8% |
| 1964 | 41.6% | +1.9% |
| 1965 | 40.7% | -2.1% |
| 1966 | 36.4% | -10.6% |
| 1967 | 35.8% | -1.6% |
| 1968 | 36.6% | +2.3% |
| 1969 | 36.5% | -0.5% |
| 1970 | 40.3% | +10.6% |
| 1971 | 38.7% | -3.9% |
| 1972 | 41.4% | +6.9% |
| 1973 | 39.4% | -4.8% |
| 1974 | 33.2% | -15.8% |
| 1975 | 40.5% | +22.0% |
| 1976 | 43.0% | +6.2% |
| 1977 | 42.2% | -1.8% |
| 1978 | 44.5% | +5.4% |
| 1979 | 44.4% | -0.3% |
| 1980 | 48.4% | +9.0% |
| 1981 | 49.9% | +3.1% |
| 1982 | 54.4% | +9.1% |
| 1983 | 56.9% | +4.6% |
| 1984 | 56.1% | -1.5% |
| 1985 | 59.6% | +6.2% |
| 1986 | 62.9% | +5.6% |
| 1987 | 66.0% | +4.9% |
| 1988 | 63.9% | -3.3% |
| 1989 | 65.2% | +2.2% |
| 1990 | 50.8% | -22.1% |
| 1991 | 54.2% | +6.6% |
| 1992 | 52.6% | -2.8% |
| 1993 | 49.6% | -5.8% |
| 1994 | 36.5% | -26.3% |
| 1995 | 33.2% | -9.3% |
| 1996 | 36.5% | +10.2% |
| 1997 | 42.8% | +17.0% |
| 1998 | 46.7% | +9.2% |
| 1999 | 46.6% | -0.3% |
| 2000 | 46.0% | -1.2% |
| 2001 | 42.5% | -7.7% |
| 2002 | 43.8% | +3.1% |
| 2003 | 43.0% | -1.7% |
| 2004 | 41.4% | -3.7% |
| 2005 | 41.4% | -0.2% |
| 2006 | 45.4% | +9.8% |
| 2007 | 44.7% | -1.5% |
| 2008 | 44.2% | -1.3% |
| 2009 | 47.7% | +8.0% |
| 2010 | 48.2% | +1.1% |
| 2011 | 47.0% | -2.6% |
| 2012 | 47.7% | +1.4% |
| 2013 | 50.8% | +6.6% |
| 2014 | 52.3% | +2.9% |
| 2015 | 54.5% | +4.3% |
| 2016 | 57.1% | +4.7% |
| 2017 | 48.2% | -15.6% |
| 2018 | 50.8% | +5.5% |
| 2019 | 55.4% | +8.9% |
| 2020 | 51.9% | -6.3% |
| 2021 | 50.4% | -2.9% |
| 2022 | 48.1% | -4.6% |
| 2023 | 48.8% | +1.6% |
| 2024 | 50.8% | +4.1% |
Suriname compared with similar countries
- Suriname's 50.8% is below the median for upper middle income countries, which is 58.1%, 88% of the median. (58 countries reporting)
- Suriname's 50.8% is below the median for Latin America & Caribbean, which is 59.8%, 85% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 39.0% | 35.8% | 41.6% | 10 |
| 1970s | 40.8% | 33.2% | 44.5% | 10 |
| 1980s | 58.3% | 48.4% | 66.0% | 10 |
| 1990s | 45.0% | 33.2% | 54.2% | 10 |
| 2000s | 44.0% | 41.4% | 47.7% | 10 |
| 2010s | 51.2% | 47.0% | 57.1% | 10 |
| 2020s | 50.0% | 48.1% | 51.9% | 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 services, value added in Suriname?
- Services, value added in Suriname was 50.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Suriname?
- The highest recorded value was 66.0% in 1987.
- What is the lowest services, value added recorded in Suriname?
- The lowest recorded value was 33.2% in 1995.
- How does Suriname rank for services, value added?
- Suriname ranks 145th out of 206 countries with data for 2024.
- Is services, value added rising or falling in Suriname?
- Over the last ten years it is down 2.7%. 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 Services, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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.