Services, value added in Suriname
Suriname: Services, value added was 2.6% in 2024. ◆ Volatile
Services, value added in Suriname, 1976–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Suriname recorded 2.6% for services, value added in 2024.
The figure is down 9.0% on the previous year and up 367.4% over ten years.
Over the whole period, services, value added in Suriname peaked at 19.6% in 1978 and was at its lowest, -16.0%, in 2020.
Suriname ranks 128th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.2% | -12.7% | 19.6% | 4 |
| 1980s | 2.4% | -5.7% | 10.0% | 10 |
| 1990s | -0.1% | -7.1% | 5.9% | 10 |
| 2000s | 5.2% | 0.1% | 8.2% | 10 |
| 2010s | 2.4% | -6.8% | 8.7% | 10 |
| 2020s | -1.0% | -16.0% | 3.1% | 5 |
Countries ranked near Suriname
More economy & growth data for Suriname
- Gross capital formation 4.34 billion current LCU (2010)
- GDP 168.55 billion current LCU (2025)
- Gross fixed capital formation 1.64 billion current US$ (2010)
- Gross fixed capital formation 4.50 billion current LCU (2010)
- Gross fixed capital formation 37.5% (2010)
- Changes in inventories -58.28 million current US$ (2010)
- Changes in inventories -160.00 million current LCU (2010)
- Gross capital formation 1.58 billion current US$ (2010)
- External balance on goods and services 617.39 million current US$ (2010)
- Imports of goods and services 38.4% (2010)
Frequently asked questions
- What is services, value added in Suriname?
- Services, value added in Suriname was 2.6% 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 19.6% in 1978.
- What is the lowest services, value added recorded in Suriname?
- The lowest recorded value was -16.0% in 2020.
- How does Suriname rank for services, value added?
- Suriname ranks 128th out of 197 countries with data for 2024.
- Is services, value added rising or falling in Suriname?
- Over the last ten years it is up 367.4%. The long-run trend across the full record is volatile.
- 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 (annual % growth). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.