Suriname

Country Summary

2023 population pyramid

Introduction

Background

The Spaniards first explored Suriname in the 16th century, and the English then settled it in the mid-17th century. Suriname became a Dutch colony in 1667; the Netherlands granted the colony independence in 1975.

Geography

Area

total: 163,820 sq km
land: 156,000 sq km
water: 7,820 sq km

Climate

tropical; moderated by trade winds

Natural resources

timber, hydropower, fish, kaolin, shrimp, bauxite, gold, and small amounts of nickel, copper, platinum, iron ore

People and Society

Population

total: 646,758
male: 320,352
female: 326,406 (2024 est.)

Ethnic groups

Hindustani (also known locally as "East Indians"; their ancestors emigrated from northern India in the latter part of the 19th century) 27.4%, Maroon (their African ancestors were brought to the country in the 17th and 18th centuries as slaves and escaped to the interior) 21.7%, Creole (mixed White and Black) 15.7%, Javanese 13.7%, mixed 13.4%, other 7.6%, unspecified 0.6% (2012 est.)

Languages

Dutch (official), English (widely spoken), Sranang Tongo (Surinamese, sometimes called Taki-Taki, is the native language of Creoles and much of the younger population and is lingua franca among others), Caribbean Hindustani (a dialect of Hindi), Javanese

Religions

Protestant 23.6% (includes Evangelical 11.2%, Moravian 11.2%, Reformed 0.7%, Lutheran 0.5%), Hindu 22.3%, Roman Catholic 21.6%, Muslim 13.8%, other Christian 3.2%, Winti 1.8%, Jehovah's Witness 1.2%, other 1.7%, none 7.5%, unspecified 3.2% (2012 est.)

Population growth rate

1.07% (2024 est.)

Government

Government type

presidential republic

Capital

name: Paramaribo

Executive branch

chief of state: President Chandrikapersad SANTOKHI (since 16 July 2020); Vice President Ronnie BRUNSWIJK (since 16 July 2020); note - the president is both chief of state and head of government
head of government: President Chandrikapersad SANTOKHI (since 16 July 2020); Vice President Ronnie BRUNSWIJK (since 16 July 2020)

Legislative branch

description: unicameral National Assembly or Nationale Assemblee (51 seats; members directly elected in 10 multi-seat constituencies by party-list proportional representation vote, using the D'Hondt method, to serve 5-year terms)

Economy

Economic overview

upper middle-income South American economy; new floating currency regime; key aluminum goods, gold, and hydrocarbon exporter; new IMF plan for economic recovery and fiscal sustainability; controversial hardwood industry

Real GDP (purchasing power parity)

$9.3 billion (2022 est.)
$9.079 billion (2021 est.)
$9.306 billion (2020 est.)

Real GDP per capita

$15,000 (2022 est.)
$14,800 (2021 est.)
$15,300 (2020 est.)

Agricultural products

rice, sugarcane, oranges, chicken, plantains, vegetables, bananas, coconuts, cassava, eggs (2022)

Industries

gold mining, oil, lumber, food processing, fishing

Exports

$2.6 billion (2022 est.)
$2.299 billion (2021 est.)
$2.446 billion (2020 est.)

Exports - partners

Switzerland 39%, UAE 21%, Belgium 10%, Guyana 5%, Trinidad and Tobago 4% (2022)

Exports - commodities

gold, refined petroleum, excavation machinery, wood, fish (2022)

Imports

$2.342 billion (2022 est.)
$1.876 billion (2021 est.)
$1.845 billion (2020 est.)

Imports - partners

US 25%, China 15%, Netherlands 13%, Trinidad and Tobago 6%, Japan 3% (2022)

Imports - commodities

refined petroleum, excavation machinery, cars, plastic products, tobacco (2022)

Exchange rates

Surinamese dollars (SRD) per US dollar -
Exchange rates:
24.709 (2022 est.)
18.239 (2021 est.)
9.31 (2020 est.)
7.458 (2019 est.)
7.463 (2018 est.)


Page last updated: Monday, June 17, 2024