Insurance and financial services in Suriname
Suriname: Insurance and financial services was 2.2% in 2025. ▲ Rising
Insurance and financial services in Suriname, 2005–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Suriname recorded 2.2% for insurance and financial services in 2025.
Compared with earlier readings it is down 51.6% on the previous year and down 58.4% over ten years.
Over the whole period, insurance and financial services in Suriname peaked at 6.6% in 2016 and was at its lowest, 1.5%, in 2005.
Suriname ranks 171st of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Insurance and financial services in Suriname, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2005 | 1.5% | — |
| 2006 | 1.8% | +17.5% |
| 2007 | 1.8% | +2.1% |
| 2008 | 2.1% | +17.7% |
| 2009 | 2.2% | +3.8% |
| 2010 | 2.7% | +23.6% |
| 2011 | 2.7% | +0.3% |
| 2012 | 3.6% | +32.8% |
| 2013 | 4.6% | +28.1% |
| 2014 | 3.2% | -31.2% |
| 2015 | 5.3% | +66.4% |
| 2016 | 6.6% | +23.9% |
| 2017 | 3.8% | -42.7% |
| 2018 | 4.7% | +25.7% |
| 2019 | 3.1% | -35.0% |
| 2020 | 4.5% | +45.7% |
| 2021 | 4.2% | -6.2% |
| 2022 | 2.5% | -40.1% |
| 2023 | 3.9% | +54.4% |
| 2024 | 4.6% | +17.2% |
| 2025 | 2.2% | -51.6% |
Suriname compared with similar countries
- Suriname's 2.2% is below the median for upper middle income countries, which is 6.3%, 35% of the median. (55 countries reporting)
- Suriname's 2.2% is below the median for Latin America & Caribbean, which is 10.1%, 22% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | 1.5% | 2.2% | 5 |
| 2010s | 4.0% | 2.7% | 6.6% | 10 |
| 2020s | 3.7% | 2.2% | 4.6% | 6 |
Countries ranked near Suriname
More private sector data for Suriname
- Merchandise trade 108.1% (2025)
- Food imports 15.5% (2024)
- Manufactures imports 70.7% (2024)
- Merchandise imports 2.20 billion current US$ (2025)
- Food exports 6.4% (2024)
- Manufactures exports 9.1% (2024)
- Merchandise exports 2.69 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,204 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5947 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 81.27 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Suriname?
- Insurance and financial services in Suriname was 2.2% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Suriname?
- The highest recorded value was 6.6% in 2016.
- What is the lowest insurance and financial services recorded in Suriname?
- The lowest recorded value was 1.5% in 2005.
- How does Suriname rank for insurance and financial services?
- Suriname ranks 171st out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Suriname?
- Over the last ten years it is down 58.4%. The long-run trend across the full record is rising.
- Where does this Suriname data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.