Services sector's share of GDP in Suriname

The share of value added by the services industry to gross domestic product in Suriname saw no significant changes in 2021 in comparison to the previous year 2020 and remained at around 51.74 percent. Still, 2021 marked the second consecutive decline of the share.

Value added is the net output of a sector after adding up all outputs and subtracting intermediate outputs. It refers to the contribution of a sector or industry to the overall GDP. The components of value added consist of compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.
Find more statistics on other topics about Suriname with key insights such as value added by the services industry to the gross domestic product, value added by the services industry to the gross domestic product, value added by the agriculture, and forestry and fishing sector to the gross domestic product.

Share of value added by the services industry to gross domestic product (GDP) in Suriname from 2009 to 2021

Characteristic	Share of GDP
2021	51.74%
2020	51.89%
2019	55.38%
2018	50.83%
2017	48.19%
2016	57.08%
2015	54.5%
2014	52.26%
2013	50.78%
2012	47.66%
2011	47%
2010	48.24%
2009	47.71%

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Release date

May 2023

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Region

Suriname

Survey time period

2009 to 2021

Supplementary notes

Data represents the share of value added by wholesale and retail trade (including hotels and restaurants), transportation, governmental, financial, professional and personal services such as: education, health care, and real estate. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling.
Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources.

Figures have been rounded.

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