Macro Index Overview / Latin America & Caribbean / SUR
Suriname ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: SUR SR

Suriname

The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. In this country, multiple or dual exchange rate activity exists and must be accounted for appropriately in underlying statistics. An alternative estimate (โ€œalternative conversion factorโ€ - PA.NUS.ATLS) is thus calculated as a weighted average of the different exchange rates in use in the country. Doing so better reflects economic reality and leads to more accurate cross-country comparisons and country classifications by income level. For this country, this applies to 1989-2021. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.

Latin America & Caribbean Upper middle income Blocs: Other Paramaribo

Global Rank (2023)

#189 / 205

Top 92% of global economies

Composite Score (2023)

34.9 / 100

Living Standard (2023)

$7,186

Subscore: 55.99 / 100

CPI Inflation (2023)

51.59%

Stability Score: 0 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 55.99

Raw: $7,186 (2015 USD)

Price Stability (25%) 0

Raw: 51.59% (Anchor: 3.0%)

External Solvency (25%) 37.72

Raw: -3.69% of GDP

Economic Scale (15%) 39.23

Raw: $3.5B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Productivity & Living Standards Driven

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Suriname's global competitive ranking by accentuating its comparative strengths.

Peak Rank #98 / 205
Default Rank #189
+91 Ranks
Living Standards 100%
Baseline: 35%
Price Stability 0%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Suriname dominates on per capita productivity and high output density per citizen.

Under this bespoke weighting, Suriname's composite score climbs to 56 (compared to 34.9 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Suriname's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Suriname (SUR)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #189 / 205 โ€ข Composite Score: 34.9 / 100 โ€ข Living Standard: $7,186 โ€ข Inflation: 51.59%
#1#50#100#150#20019601970198019902000201020202025#189
Hover or click any node along the curve to inspect that historical year in real time
Primary: Suriname Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B
Suriname (SUR) Active#18934.9$7,18651.59%-3.69%$3.5B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Suriname

Metric:
Selected Era: 2023 ยท Click any node to select
100755025058.719701970s47.619801980s36.819901990s35.820002000s71.720102010s45.320202020s34.92023Recent