Labor share of gdp in Suriname
Suriname: Labor share of gdp was 50.4 in 2020. ▲ Rising
Latest (2020)
50.4
Change on year
up 0.2%
World rank
69th
of 187 countries
All-time high
60
in 2015
All-time low
35.1
in 2008
Years of data
17
2004–2020
Labor share of gdp in Suriname, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in Suriname stood at 50.4.
Compared with earlier readings it is up 0.2% on the previous year and up 33.0% over ten years.
Over the whole period, labor share of gdp in Suriname peaked at 60 in 2015 and was at its lowest, 35.1, in 2008.
Suriname ranks 69th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Labor share of gdp in Suriname, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 37.3 | — |
| 2005 | 38 | +1.9% |
| 2006 | 37.8 | -0.5% |
| 2007 | 37.9 | +0.3% |
| 2008 | 35.1 | -7.4% |
| 2009 | 37.2 | +6.0% |
| 2010 | 37.9 | +1.9% |
| 2011 | 41.8 | +10.3% |
| 2012 | 46.4 | +11.0% |
| 2013 | 50.4 | +8.6% |
| 2014 | 55 | +9.1% |
| 2015 | 60 | +9.1% |
| 2016 | 55 | -8.3% |
| 2017 | 48.1 | -12.5% |
| 2018 | 49 | +1.9% |
| 2019 | 50.3 | +2.7% |
| 2020 | 50.4 | +0.2% |
Suriname compared with similar countries
- Suriname's 50.4 is above the median for upper middle income countries, which is 45.7, 1.1× the median. (53 countries reporting)
- Suriname's 50.4 is above the median for Latin America & Caribbean, which is 50.4, 1.0× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.22 | 35.1 | 38 | 6 |
| 2010s | 49.39 | 37.9 | 60 | 10 |
| 2020s | 50.4 | 50.4 | 50.4 | 1 |
Countries ranked near Suriname
More work & labour data for Suriname
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3451 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3213 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.368 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.2 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.4854 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 480.04 1000 No (2050)
- Population - Est. & Proj. — Rural population 168.36 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 358.14 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 350.87 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 709 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Suriname?
- Labor share of gdp in Suriname was 50.4 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Suriname?
- The highest recorded value was 60 in 2015.
- What is the lowest labor share of gdp recorded in Suriname?
- The lowest recorded value was 35.1 in 2008.
- How does Suriname rank for labor share of gdp?
- Suriname ranks 69th out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Suriname?
- Over the last ten years it is up 33.0%. The long-run trend across the full record is rising.
- Where does this Suriname data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).