Oil rents in Suriname
Suriname: Oil rents was 7.9% in 2021. ◆ Volatile
Oil rents in Suriname, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for oil rents in Suriname is 7.9%, measured in 2021.
Compared with earlier readings it is up 164.9% on the previous year and down 15.8% over ten years.
Over the whole period, oil rents in Suriname peaked at 10.4% in 2008 and was at its lowest, 0.0%, in 1980.
Suriname ranks 23rd of 201 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Oil rents in Suriname, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 0.0% | — |
| 1981 | 0.0% | — |
| 1982 | 0.3% | — |
| 1983 | 0.4% | +38.3% |
| 1984 | 0.3% | -15.0% |
| 1985 | 0.7% | +109.0% |
| 1986 | 0.5% | -21.5% |
| 1987 | 0.9% | +65.3% |
| 1988 | 0.9% | -1.9% |
| 1989 | 3.2% | +263.8% |
| 1990 | 6.5% | +103.6% |
| 1991 | 3.3% | -49.5% |
| 1992 | 4.7% | +42.6% |
| 1993 | 4.5% | -3.8% |
| 1994 | 3.6% | -18.7% |
| 1995 | 4.2% | +15.2% |
| 1996 | 4.6% | +8.8% |
| 1997 | 4.6% | -0.0% |
| 1998 | 2.2% | -51.3% |
| 1999 | 5.5% | +149.0% |
| 2000 | 9.7% | +74.1% |
| 2001 | 8.6% | -11.2% |
| 2002 | 6.7% | -22.2% |
| 2003 | 6.0% | -10.4% |
| 2004 | 6.5% | +8.0% |
| 2005 | 8.6% | +33.8% |
| 2006 | 7.8% | -9.1% |
| 2007 | 8.4% | +6.6% |
| 2008 | 10.4% | +24.9% |
| 2009 | 4.7% | -55.0% |
| 2010 | 5.8% | +24.0% |
| 2011 | 9.4% | +61.6% |
| 2012 | 8.0% | -15.1% |
| 2013 | 7.1% | -11.5% |
| 2014 | 6.5% | -8.3% |
| 2015 | 2.5% | -60.9% |
| 2016 | 2.9% | +15.8% |
| 2017 | 4.0% | +36.6% |
| 2018 | 5.8% | +44.5% |
| 2019 | 4.6% | -19.9% |
| 2020 | 3.0% | -35.5% |
| 2021 | 7.9% | +164.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7% | 0.0% | 3.2% | 10 |
| 1990s | 4.4% | 2.2% | 6.5% | 10 |
| 2000s | 7.7% | 4.7% | 10.4% | 10 |
| 2010s | 5.7% | 2.5% | 9.4% | 10 |
| 2020s | 5.5% | 3.0% | 7.9% | 2 |
Countries ranked near Suriname
- 20 South Sudan 10.4% compare
- 21 Brunei Darussalam 10.4% compare
- 22 Russian Federation 9.7% compare
- 24 Ecuador 6.4% compare
- 25 Nigeria 6.2% compare
- 26 Norway 6.1% compare
More energy & mining data for Suriname
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 0.3856 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 12.9% (2024)
Frequently asked questions
- What is oil rents in Suriname?
- Oil rents in Suriname was 7.9% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest oil rents recorded in Suriname?
- The highest recorded value was 10.4% in 2008.
- What is the lowest oil rents recorded in Suriname?
- The lowest recorded value was 0.0% in 1980.
- How does Suriname rank for oil rents?
- Suriname ranks 23rd out of 201 countries with data for 2021.
- Is oil rents rising or falling in Suriname?
- Over the last ten years it is down 15.8%. The long-run trend across the full record is volatile.
- Where does this Suriname data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Oil rents (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.