Suriname Crude Oil Production - Forecast

Crude Oil Production in Suriname is expected to be 16.74 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Suriname to stand at 16.56 in 12 months time. In the long-term, the Suriname Crude Oil Production is projected to trend around 16.10 BBL/D/1K in 2020, according to our econometric models.


Suriname Crude Oil Production
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Suriname Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 183 158 137 116 107 79.67
Exports 522 521 521 511 509 471
Imports 339 346 357 358 361 368
Current Account 72.2 70.41 59.78 59.01 52.5 33.74
Current Account to GDP -4.4 3 3 -0.63 3 1.66
Remittances 15726 15761 15839 15918 15997 15434
Gold Reserves 0.81 0.93 1.06 1.18 1.29 1.93
Foreign Direct Investment -19.9 3.95 -13.44 -13.31 -5.74 -5.78
Crude Oil Production 17 16.74 16.68 16.62 16.56 16.1
Capital Flows -64.6 -34.57 -22.37 -22.14 -13.53 6.54