Suriname | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Suriname including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Suriname economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 7.48 7.56 7.64 7.86 7.79 8.99 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate -10.40 -3 -3 -3 -3.15 3 percent [+]
GDP 5.15 4.9 5.35 4.9 5.37 5.58 USD Billion [+]
GDP per capita 9114.88 9164 9128 9092 9095 9060 USD [+]
GDP per capita PPP 15687.23 15796 15706 15615 15615 15440 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 8.90 8.71 8.72 8.74 8.5 7.32 percent [+]
Population 0.54 0.54 0.54 0.54 0.54 0.55 Million [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 48.70 85 75 70 29.87 15 percent [+]
Food Inflation 129.90 133 133 133 133 134 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 12.50 15 15 15 15 8 percent [+]
Deposit Interest Rate 8.30 8.73 8.86 8.98 9.1 10.17 percent [+]
Lending Rate 13.90 14.7 14.93 15.15 15.36 17.04 percent [+]
Interbank Rate 11.50 11.53 11.53 11.53 11.53 11.53 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade 154.40 141 180 147 135 73.14 USD Million [+]
Exports 453.10 440 463 447 450 449 USD Million [+]
Imports 298.70 318 322 329 327 327 USD Million [+]
Current Account 43.70 -12.42 -33.19 -48.07 -34.26 -21.93 USD Million [+]
Current Account to GDP 3.80 2 2 2 9.01 6.3 percent [+]
Remittances 15725.73 15905 15915 15926 15969 16662 USD Million [+]
Gold Reserves 0.79 0.81 0.8 0.8 0.8 0.8 Tonnes [+]
Foreign Direct Investment 61.30 64.93 64.1 65.76 66.48 65.61 [+]
Crude Oil Production 17.00 17 17 17 17 17 BBL/D/1K [+]
Capital Flows 44.10 105 22.91 80.22 37.26 66.03 USD Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 39.61 33.79 39.47 45.14 43.52 29.72 percent [+]
Government Budget -9.80 -8.39 -9.91 -11.43 -11.15 -10.91 percent of GDP [+]
Government Budget Value -1742.70 -1443 -1554 -1665 -1694 -1336 SRD Million [+]
Government Debt 7127.00 6393 7136 7878 8054 10468 SRD Million [+]
Government Revenues 3398.70 3597 3515 3434 3424 3379 SRD Million [+]
Fiscal Expenditure 5005.70 5193 5236 5279 5306 5834 SRD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 158.00 156 156 156 156 162 [+]
Corruption Index 45.00 37 37 37 36 38 Points [+]
Corruption Rank 64.00 72 69 67 71 76 [+]
Competitiveness Index 3.71 3.7 3.7 3.7 3.7 3.69 Points [+]
Competitiveness Rank 110.00 111 111 111 111 111 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 36.00 36 36 36 36 36 percent [+]
Personal Income Tax Rate 38.00 38 38 38 38 38 percent [+]
Sales Tax Rate 10.00 10 10 10 10 10 percent [+]