The Gross Domestic Product (GDP) in Suriname contracted 3.30 percent in 2021. source: Central Bank of Suriname

GDP Annual Growth Rate in Suriname averaged 0.99 percent from 1977 until 2021, reaching an all time high of 10.80 percent in 1988 and a record low of -15.90 percent in 2020. This page provides the latest reported value for - Suriname GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Suriname GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2022.

GDP Annual Growth Rate in Suriname is expected to reach 2.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Suriname GDP Annual Growth Rate is projected to trend around 2.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Suriname GDP Annual Growth Rate

Related Last Previous Unit Reference
GDP Annual Growth Rate -3.30 -15.90 percent Dec 2021
GDP Constant Prices 15092.00 17947.00 SRD Million Dec 2020

Suriname GDP Annual Growth Rate
Suriname is the smallest country in the South America. Suriname is a large producer of bauxite (the country has one of the world’s biggest reserves), gold and oil. As such, the economy is highly dependent on mining and drilling industry which accounts for 85 percent of total exports and 25 percent of government revenues. In recent years, the government has undertaken series of reforms aiming at increasing fiscal revenues and improving the infrastructure. As a result, the country is expected to keep the current pace of expansion.
Actual Previous Highest Lowest Dates Unit Frequency
-3.30 -15.90 10.80 -15.90 1977 - 2021 percent Yearly