Suriname: Import value index (2015 = 100)

Key figures

What the numbers say

In 2024, Suriname's import value index (2015 = 100) rose 3.4 on 2023 (from 84.3 to 87.7).

Across the 18 yearly changes before that (2006 to 2023), the average change was +2.11 and a typical year strayed about 13.18 from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 20.5 in 2022 and the biggest yearly fall was 37.5 in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 5% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Suriname had the 185th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Suriname in the 2024 ranking

• Nigeria — 182nd of 204: 91.6
• Lebanon — 183rd of 204: 91.1
• Algeria — 184th of 204: 88.2
• New Caledonia — 186th of 204: 85.6
• Palau — 187th of 204: 83.5
• Trinidad and Tobago — 188th of 204: 83.1

What this measures

Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.

All 20 values

Import value index (2015 = 100) in nearby economies

• Antigua and Barbuda — 210.2 (2024)
• Argentina — 100.9 (2024)
• Aruba — 119.7 (2024)
• Bahamas, The — 162 (2024)
• Barbados — 132.5 (2024)
• Belize — 144.3 (2024)
• Bolivia — 101.4 (2024)
• Brazil — 154 (2024)
• British Virgin Islands — 137.8 (2024)
• Cayman Islands — 228.6 (2024)
• Chile — 135.1 (2024)

More trade data for Suriname

• Import volume index (2015 = 100) — 66.2 (2024)
• Net barter terms of trade index (2015 = 100) — 137.9 (2024)
• Export volume index (2015 = 100) — 49.7 (2024)
• Export value index (2015 = 100) — 90.8 (2024)
• Binding coverage, manufactured products (%) — 18.94% (2022)
• Bound rate, simple mean, manufactured products (%) — 16.73% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 8.94% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 8.79% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 6.86% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Suriname's import value index (2015 = 100)?

87.7 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 89.42% from 46.3 in 2005 (3.42% a year on average, compounded). The highest value was 105 in 2013 and the lowest 44.5 in 2006.

How does Suriname rank?

185th highest of 204 economies with data for 2024.

Is the latest change in import value index (2015 = 100) unusual for Suriname?

In 2024, Suriname's import value index (2015 = 100) rose 3.4 on 2023 (from 84.3 to 87.7). Across the 18 yearly changes before that (2006 to 2023), the average change was +2.11 and a typical year strayed about 13.18 from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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