Suriname: Exports, percent of GDP

* indicates monthly or quarterly data series
 Suriname

Exports of goods and services as percent of GDP

 Latest value 52.55
 Year 2010
 Measure percent
 Data availability 2006 - 2010
 Average 52.09
 Min - Max 44.12 - 56.91
 Source The World Bank
For that indicator, we provide data for Suriname from 2006 to 2010. The average value for Suriname during that period was 52.09 percent with a minimum of 44.12 percent in 2009 and a maximum of 56.91 percent in 2008. The latest value from 2010 is 52.55 percent. For comparison, the world average in 2010 based on 169 countries is 41.85 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Suriname - Exports, percent of GDP - Recent values chart




The exports of Suriname and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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 Related indicators Latest value Reference Measure
 Terms of trade 133.36 2021 percent
 Trade openness 90.96 2010 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 52.55 2010 percent
 Exports, billion dollars 2.30 2010 billion U.S. dollars
 Imports, percent of GDP 38.41 2010 percent
 Imports, billion dollars 1.68 2010 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.26 2022 percent
 Foreign Direct Investment, billion dollars -0.01 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP 5.91 2021 percent
 Current account, in dollars 0.15 2023 billion U.S. dollars
 Trade balance, percent of GDP 14.13 2010 percent
 Trade balance, in dollars 0.33 2023 billion U.S. dollars
 Reserves 1.19 2022 billion U.S. dollars
 Remittances, percent of GDP 4.09 2022 percent
 Remittances 148.17 2022 million U.S. dollars
 Net errors and omissions -77.60 2023 million USD
 External debt 125.57 2022 percent
 Short-term external debt 9.20 2022 percent
 Short-term debt to reserves 32.03 2022 percent
 Foreign exchange reserves 1.11 9/2023 billion
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