Services, value added in Suriname
Suriname: Services, value added was 9.69 billion constant LCU in 2024. ▲ Rising
Services, value added in Suriname, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in Suriname is 9.69 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 2.6% on the previous year and down 5.3% over ten years.
Over the whole period, services, value added in Suriname peaked at 10.36 billion constant LCU in 2019 and was at its lowest, 3.12 billion constant LCU, in 1976.
Suriname ranks 162nd of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.73 billion constant LCU | 3.12 billion constant LCU | 4.29 billion constant LCU | 5 |
| 1980s | 4.71 billion constant LCU | 4.37 billion constant LCU | 5.12 billion constant LCU | 10 |
| 1990s | 4.85 billion constant LCU | 4.55 billion constant LCU | 5.11 billion constant LCU | 10 |
| 2000s | 6.45 billion constant LCU | 5.02 billion constant LCU | 8.27 billion constant LCU | 10 |
| 2010s | 9.56 billion constant LCU | 8.64 billion constant LCU | 10.36 billion constant LCU | 10 |
| 2020s | 9.19 billion constant LCU | 8.71 billion constant LCU | 9.69 billion constant LCU | 5 |
Countries ranked near Suriname
- 159 Azerbaijan 11.12 billion constant LCU compare
- 160 Bahamas 10.63 billion constant LCU compare
- 161 Greenland 10.29 billion constant LCU compare
- 164 Bahrain 9.05 billion constant LCU compare
- 165 South Sudan 9.04 billion constant LCU compare
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 9.69 billion constant LCU 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 10.36 billion constant LCU in 2019.
- What is the lowest services, value added recorded in Suriname?
- The lowest recorded value was 3.12 billion constant LCU in 1976.
- How does Suriname rank for services, value added?
- Suriname ranks 162nd out of 198 countries with data for 2024.
- Is services, value added rising or falling in Suriname?
- Over the last ten years it is down 5.3%. 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 (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.