Suriname Economic Statistics and Indicators

25, Jan 2020, EST. Welcome to the Suriname economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Suriname › Change country
National or Regional Currency: Surinamese Dollar, SRD
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 573,311 (July 2014 est.)
Area: total: 163,820 sq km ; land: 156,000 sq km ; water: 7,820 sq km
Natural Resources: timber, hydropower, fish, kaolin, shrimp, bauxite, gold, and small amounts of nickel, copper, platinum, iron ore
Capital: name: Paramaribo ; geographic coordinates: 5 50 N, 55 10 W ; time difference: UTC-3 (2 hours ahead of Washington, DC, during Standard Time)

The economy is dominated by the mining industry, with exports of alumina, gold, and oil accounting for about 85% of exports and 25% of government revenues, making the economy highly vulnerable to mineral price volatility. Economic growth has remained at about 4-5% per year in 2010-13, but the government's budget was strained by high inflation in 2010. In January 2011, the government devalued the currency by 20% and raised taxes to reduce the budget deficit. As a result of these measures, inflation has receded to about 4% in 2013. Suriname's economic prospects for the medium term will depend on continued commitment to responsible monetary and fiscal policies and to the introduction of structural reforms to liberalize markets and promote competition. The government's reliance on revenue from extractive industries will temper Suriname's economic outlook, especially if gold prices continue their downward trend.

GDP (Constant Prices, National Currency) for Suriname in year 2015 is SRD 10.348 Billion.

GDP Growth (Constant Prices, National Currency) for Suriname in year 2015 is 0.14 %.

GDP (Current Prices, National Currency) for Suriname in year 2015 is SRD 17.597 Billion.

GDP (Current Prices, US Dollars) for Suriname in year 2015 is US$ 5.192 Billion.

GDP Deflator for Suriname in year 2015 is 170.046 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Suriname in year 2015 is SRD 18,546.92 .

GDP Per Capita (Current Prices, National Currency) for Suriname in year 2015 is SRD 31,538.23 .

GDP Per Capita (Current Prices, US Dollars) for Suriname in year 2015 is US$ 9,305.69 .

GDP (PPP), US Dollars for Suriname in year 2015 is US$ 9.09 Billion.

GDP Per Capita (PPP), US Dollars for Suriname in year 2015 is US$ 16,292.03 .

GDP Share of World Total (PPP) for Suriname in year 2015 is 0.008 %.

Implied PPP Conversion Rate for Suriname in year 2015 is 1.936 .

Investment (% of GDP) for Suriname in year 2015 is 78.077 %.

Gross National Savings (% of GDP) for Suriname in year 2015 is 24.24 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Suriname in year 2015 is 150.742 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Suriname in year 2015 is 6.858 %.

Inflation, End of Year (Indexed to Year 2000) for Suriname in year 2015 is 177.846 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Suriname in year 2015 is 24.994 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Suriname in year 2015 is 15.982 %.

Import Volumes of Goods Only (Percent Change) for Suriname in year 2015 is 19.947 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Suriname in year 2015 is -7.201 %.

Export Volumes of Goods Only (Percent Change) for Suriname in year 2015 is -9.297 %.

Unemployment Rate (% of Labour Force) for Suriname in year 2015 is 8.691 %.

Population for Suriname in year 2015 is 0.558 Million .

General government revenue (National Currency) for Suriname in year 2015 is SRD 3.688 Billions.

General government revenue (% of GDP) for Suriname in year 2015 is 20.957 %.

General government total expenditure (National Currency) for Suriname in year 2015 is SRD 5.231 Billions.

General government total expenditure (% of GDP) for Suriname in year 2015 is 29.729 %.

Total Government Net Lending/ Borrowing (National Currency) for Suriname in year 2015 is SRD -1.544 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Suriname in year 2015 is -8.772 %.

General Government Structural Balance (National Currency) for Suriname in year 2015 is SRD -1.43 Billion.

General Government Structural Balance (% Potential GDP) for Suriname in year 2015 is -7.602 %.

Fiscal Year Gross Domestic Product, Current Prices for Suriname in year 2015 is SRD 17.597 Billions.

Current Account Balance (US Dollars) for Suriname in year 2015 is US$ -0.808 Billion.

Current Account Balance (% GDP) for Suriname in year 2015 is -15.553 %.