Services, value added in Suriname
Suriname: Services, value added 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 205 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.
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
- 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 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 205 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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CSV · JSON — 65 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 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.