Suriname Government Debt To GDP

Suriname recorded a Government Debt to GDP of 19.70 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Suriname is reported by the Central Bank of Suriname. From 1990 until 2012, Suriname Government Debt To GDP averaged 47.7 Percent of GDP reaching an all time high of 115.0 Percent of GDP in December of 1993 and a record low of 16.9 Percent of GDP in December of 1996. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Suriname Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
19.70 20.57 114.98 16.86 18.30 | 2014/06 1990 - 2012 Percent Yearly

TO

Suriname Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Credit Rating 40.00 [+]
Government Debt To GDP 19.70 2012-12-31 20.57 114.98 16.86 18.30 2014-06-30 Percent [+]
Government Budget -2.80 2012-12-31 -1.90 2.60 -2.80 -4.11 2014-06-30 Percent of GDP [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Suriname Government Debt To GDP at 19.70 Percent  
Suriname recorded a Government Debt to GDP of 19.70 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Suriname is reported by the Central Bank of Suriname.
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.
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