Suriname Interest Rate

The benchmark interest rate in Suriname was last recorded at 11.74 percent. Interest Rate in Suriname is reported by the World Bank. From 1991 until 2012, Suriname Interest Rate averaged 19.6 Percent reaching an all time high of 40.2 Percent in December of 1995 and a record low of 8.9 Percent in December of 1991. Suriname’s Central Bank does not define a benchmark interest rate. The main interest rate is the average lending rate. This page provides - Suriname Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
11.74 11.76 40.18 8.90 11.75 | 2014/06 1991 - 2012 Percent Yearly

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Suriname Interest Rate
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Money Last Previous Highest Lowest Forecast Unit
Interest Rate 11.74 2012-12-31 11.76 40.18 8.90 11.75 2014-06-30 Percent [+]
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Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


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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