Suriname — Sovereign Signal
BT-SFS 14.9/100 · CCC+ · 294bps over Treasuries
Score and market snapshot
Suriname trades 272bps tight of its fundamentals fit (fitted spread 566bps).
| Field | Value |
|---|---|
| BT-SFS | 14.9 / 100 |
| Rank | 49 of 51 |
| Composite rating | CCC+ |
| Agency ratings | Moody's Caa1 · S&P CCC+ |
| Benchmark USD bond | SURINM 8.5 35 |
| Spread over Treasuries | 294bps |
| Yield to worst (S.A.) | 8.13% |
| Duration | 6.1y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 23.8 |
| External | 8.9 |
| Macro | 42.8 |
| Institutions | 30.8 |
The ten metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Reserves, months of imports | External | 3.3 mo | 8.9 | World Bank | 2025 |
| General government debt / GDP | Fiscal | 87.1% | 0.0 | IMF | 2026 |
| FX public debt / GDP | Fiscal | 75.2% | 0.0 | World Bank/IMF QPSD | 2026 |
| Net interest / revenue | Fiscal | 18.3% | 46.1 | IMF | 2026 |
| Primary balance / GDP | Fiscal | -0.0% | 57.0 | IMF | 2026 |
| Governance (WGI GE + RQ) | Institutions | 47.0 | 23.8 | WGI | 2025 |
| Inflation track record | Institutions | 20.6% | 41.4 | IMF | 1997–2026 (h=10) |
| Real GDP growth, centred 3-year | Macro | 3.3% | 45.8 | IMF | 2025–2027 |
| GDP per capita, USD | Macro | $8,856 | 65.2 | IMF | 2026 |
| Growth volatility, 10-year | Macro | 5.7pp | 10.9 | IMF | 2016–2025 |
Score history
Applying the current methodology to historical sources, Suriname moves from 25.1 in 2016 to 14.9 in 2026 (-10.3 points over ten years).
Default and restructuring registry
2020: external_restructuring (high) — S&P Global Ratings rating action (11 Dec 2024).
2021: domestic_distressed_exchange (other) — S&P Global Ratings rating action (3 Jun 2021).
Frequently asked questions
What is Suriname's sovereign credit score?
Suriname scores 14.9/100 on the BT Sovereign Fundamentals Score, ranking 49 of 51 sovereigns covered. The score is built from ten public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Suriname USD bond does BondTerminal track?
SURINM 8.5 35 (ISIN USP68788AF84), the near-5-year USD benchmark, currently 294bps over Treasuries with a 8.13% yield to worst (S.A.).
Is Suriname trading wide or tight of its fundamentals?
Suriname trades 272bps tight of its fundamentals fit (fitted spread 566bps).