Home → Suriname → Trade → Trade Balance

Suriname Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Suriname's trade balance was $617.4M in 2010, ranked 120th globally. This represents a 4,742.1% increase from 2009. Data from World Bank, covering 2006–2010.

$617.4M +$604.6M (+4,742.1%)
Year 2010 Rank #120 Global Peak $617.4M (2010) Source World Bank

Suriname Trade Balance (2006–2010)

Overview

Suriname's trade balance stood at $617.4M in 2010, a rise of +$604.6M from 2009. Suriname ranked 120th globally.

Suriname recorded a trade surplus of 617,392,549.11 in 2010, the highest value within its five-year coverage period from 2006 to 2010 and a significant increase from the earliest recorded figure of 192,440,864.53 in 2006. This peak followed a sharp decline in 2009, when the surplus reached a trough of 12,750,455.37, reflecting volatility tied to global commodity markets and domestic export dynamics. The 2010 surplus placed Suriname ahead of peer economies such as Slovenia, which reported 513,814,637.08, though below Paraguay’s 823,867,570.93. Over the period, Suriname’s trade balance demonstrated sensitivity to external demand for its primary goods, particularly minerals and agricultural products. The trajectory from 2009 to 2010 suggests a rapid rebound in export revenues or import contraction, possibly influenced by recovering prices for bauxite and gold. Future trends in Suriname’s trade balance will likely depend on diversification efforts, stability in commodity prices, and regional trade integration, particularly within CARICOM and South American markets.

Data & projection

Year Trade Balance YoY change Rank
2010 $617.4M +$604.6M #120
2009 $12.8M −$151.5M #114
2008 $164.3M −$37.5M #124
2007 $201.8M +$9.4M #119
2006 $192.4M – #113

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 51.6% Real rate -14.2%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Suriname matched the Fiscal Dominance Trap pattern in 2023. Historically, 72% of countries showing this pattern (278 out of 386) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Suriname's trade balance?▾

Suriname's trade balance was $617.4M in 2010. Ranked 120th globally. This represents a 4,742.1% increase from the previous year.

What was the highest trade balance in Suriname?▾

Suriname's trade balance peaked at $617.4M in 2010.

What was the lowest trade balance in Suriname?▾

The lowest trade balance in Suriname was $12.8M in 2009.

How does Suriname rank in trade balance?▾

Suriname ranks 120th globally in trade balance as of 2010.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is Suriname's trade balance in million?▾

Suriname's trade balance was approximately 617.39 million ($617.4M) in 2010.

What is the trade balance of Suriname in 2010?▾

The trade balance of Suriname in 2010 was $617.4M. This ranks 120th in the world.

Cite this page

APA
Suriname Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/suriname/trade-balance/
BibTeX
@misc{historysaid_suriname_trade-balance, title = {Suriname Trade Balance}, url = {https://historysaid.com/suriname/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub