Dealing with construction: Liability and insurance in Suriname
Suriname: Dealing with construction: Liability and insurance was 1.5 DB16-20 methodology in 2019. ▬ Flat
Dealing with construction permits: Liability and insurance regimes in Suriname, 2014–2019
Source: World Bank. Measured in DB16-20 methodology.
Analysis
Suriname recorded 1.5 DB16-20 methodology for dealing with construction permits: liability and insurance regimes in 2019. That is the highest value across all 6 years on record.
The figure is unchanged over ten years.
Suriname ranks 38th of 186 countries on this measure, in the top quarter.
Dealing with construction: Liability and insurance in Suriname, year by year
| Year | DB16-20 methodology | Change |
|---|---|---|
| 2014 | 1.5 DB16-20 methodology | — |
| 2015 | 1.5 DB16-20 methodology | +0.0% |
| 2016 | 1.5 DB16-20 methodology | +0.0% |
| 2017 | 1.5 DB16-20 methodology | +0.0% |
| 2018 | 1.5 DB16-20 methodology | +0.0% |
| 2019 | 1.5 DB16-20 methodology | +0.0% |
Suriname compared with similar countries
- Suriname's 1.5 DB16-20 methodology is above the median for upper middle income countries, which is 1 DB16-20 methodology, 1.5× the median. (55 countries reporting)
- Suriname's 1.5 DB16-20 methodology is above the median for Latin America & Caribbean, which is 1 DB16-20 methodology, 1.5× the median. (33 countries reporting)
Countries ranked near Suriname
More private sector data for Suriname
- Merchandise trade 108.1% (2025)
- Food imports 15.1% (2025)
- Manufactures imports 71.6% (2025)
- Merchandise imports 2.20 billion current US$ (2025)
- Commercial service imports 3.59 billion current US$ (2025)
- Food exports 2.4% (2025)
- Manufactures exports 2.2% (2025)
- Merchandise exports 2.69 billion current US$ (2025)
- Commercial service exports 207.79 million current US$ (2025)
- Merchandise exports (current US$), per capita 4,204 current US$ per person (2025)
Frequently asked questions
- What is dealing with construction permits: liability and insurance regimes in Suriname?
- Dealing with construction permits: liability and insurance regimes in Suriname was 1.5 DB16-20 methodology in 2019, according to the World Bank.
- What is the highest dealing with construction permits: liability and insurance regimes recorded in Suriname?
- The highest recorded value was 1.5 DB16-20 methodology in 2014.
- What is the lowest dealing with construction permits: liability and insurance regimes recorded in Suriname?
- The lowest recorded value was 1.5 DB16-20 methodology in 2014.
- How does Suriname rank for dealing with construction permits: liability and insurance regimes?
- Suriname ranks 38th out of 186 countries with data for 2019.
- Is dealing with construction permits: liability and insurance regimes rising or falling in Suriname?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Suriname data come from?
- The figures come from the World Bank, published as part of Dealing with construction permits: Liability and insurance regimes index (0-2) (DB16-20 methodology). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The liability and insurance regimes index evaluates the stringency of latent defect liability and insurance regimes. It has two components: (i) whether any parties involved in the construction process are held legally liable for latent defects such as structural flaws or problems in the building once it is in use; (ii) whether any party involved in the construction process is legally required to obtain a latent defect liability or decennial (10 years) liability insurance policy to cover possible structural flaws or problems in the building once it is in use. The index is computed based on the methodology in the DB16-20 studies.