Suriname recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Suriname averaged -0.07 percent from 1977 until 2016, reaching an all time high of 53.23 percent in 1989 and a record low of -30.44 percent in 1991.

Current Account to GDP in Suriname is expected to be -3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Suriname Current Account to GDP is projected to trend around -2.00 percent in 2020, according to our econometric models.

Suriname Current Account to GDP
Forecast Data Chart
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Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 103.90 97.20 296.60 -129.40 USD Million [+]
Current Account -51.20 -16.50 248.30 -227.90 USD Million [+]
Current Account to GDP -4.40 -15.70 53.23 -30.44 percent [+]
Exports 505.60 509.60 738.60 264.60 USD Million [+]
Imports 401.70 412.40 594.10 220.60 USD Million [+]
Gold Reserves 1.13 1.13 8.75 0.56 Tonnes [+]
Foreign Direct Investment 5.10 36.80 129.00 -83.20 Millions USD [+]
Crude Oil Production 17.00 17.00 17.00 5.00 BBL/D/1K [+]
Capital Flows 56.00 186.50 383.80 -168.20 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Suriname Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Suriname Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Suriname Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-4.40 -15.70 53.23 -30.44 1977 - 2016 percent Yearly

Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17