Suriname Current Account to GDP

Suriname recorded a Current Account surplus of 15.01 percent of the countrys Gross Domestic Product in 2010. From 1977 until 2010, Suriname Current Account to GDP averaged 0.3 Percent reaching an all time high of 53.2 Percent in December of 1989 and a record low of -30.4 Percent in December of 1991. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Suriname Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
15.01 5.38 53.23 -30.44 22.50 | 2014/06 1977 - 2010 Percent Yearly

TO

Suriname Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Remittances 113.00 2012-12-31 114.00 120.00 50.00 112.20 2014-06-30 USD Million [+]
Balance of Trade 44.30 2013-12-31 18.30 686.20 11.10 -71.43 2014-06-30 USD Million [+]
Current Account -38.60 2013-12-31 -71.10 650.80 -71.10 -92.61 2014-06-30 USD Million [+]
Current Account to GDP 15.01 2010-12-31 5.38 53.23 -30.44 22.50 2014-06-30 Percent [+]
Exports 556.70 2013-12-31 608.50 2084.10 556.70 400.87 2014-06-30 USD Million [+]
Imports 512.50 2013-12-31 594.10 1406.70 348.90 460.09 2014-06-30 USD Million [+]
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Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Suriname Personal Income Tax Rate at 38.00 percent  
The Personal Income Tax Rate in Suriname stands at 38 percent. Personal Income Tax Rate in Suriname is reported by the Ministry of Finance.
Suriname Inflation Rate at 2.90 Percent  
The inflation rate in Suriname was recorded at 2.90 percent in February of 2014. Inflation Rate in Suriname is reported by the Statistics Suriname.
Suriname Corporate Tax Rate at 36.00 percent  
The Corporate Tax Rate in Suriname stands at 36 percent. Corporate Tax Rate in Suriname is reported by the Ministry of Finance.
Suriname Sales Tax Rate at 10.00 Percent  
The Sales Tax Rate in Suriname stands at 10 percent. Sales Tax Rate in Suriname is reported by the Ministry of Finance.
Suriname Balance of Trade at 44.30 USD Million  
Suriname recorded a trade surplus of 44.30 USD Million in the fourth quarter of 2013. Balance of Trade in Suriname is reported by the Central Bank of Suriname.
Suriname Current Account at -38.60 USD Million  
Suriname recorded a Current Account deficit of 38.60 USD Million in the fourth quarter of 2013. Current Account in Suriname is reported by the Central Bank of Suriname.
Suriname Imports at 512.50 USD Million  
Imports in Suriname decreased to 512.50 USD Million in the fourth quarter of 2013 from 594.10 USD Million in the third quarter of 2013. Imports in Suriname is reported by the Central Bank of Suriname.
Suriname Exports at 556.70 USD Million  
Exports in Suriname decreased to 556.70 USD Million in the fourth quarter of 2013 from 608.50 USD Million in the third quarter of 2013. Exports in Suriname is reported by the Central Bank of Suriname.
Suriname Remittances at 113.00 USD Million  
Remittances in Suriname decreased to 113 in December of 2012 from 114 in December of 2011.
Suriname Unemployment Rate at 8.00 Percent  
Unemployment Rate in Suriname remained unchanged at 8 percent in 2011 from 8 percent in 2010. Unemployment Rate in Suriname is reported by the Statistics Suriname.
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