Suriname | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Suriname including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Suriname economy.


MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 7.38 7.3 7.22 7.15 7.08 6.26 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate -10.40 0.2 0.5 0.5 0.5 0.8 percent [+]
GDP 3.62 4.9 3.57 3.55 3.52 3.5 USD Billion [+]
GDP per capita 7661.80 7640 7635 7629 7624 7581 USD [+]
GDP per capita PPP 13113.90 13059 13046 13033 13020 12910 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 8.90 9.1 9.15 9.2 9.25 9.5 percent [+]
Population 0.54 0.54 0.54 0.54 0.54 0.55 Million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 19.70 23 20 22 26.3 15 percent [+]
Food Inflation 135.70 129 119 105 92 21 percent [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 25.00 15 15 15 38 8 percent [+]
Deposit Interest Rate 8.30 8.45 8.43 8.42 8.4 8.26 percent [+]
Lending Rate 13.90 14.25 14.25 14.25 14.25 14.26 percent [+]
Interbank Rate 11.50 8.8 8.57 8.38 8.22 7.66 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 184.40 180 174 161 129 77.15 USD Million [+]
Exports 455.60 479 481 485 478 460 USD Million [+]
Imports 299.00 309 314 320 325 352 USD Million [+]
Current Account 91.90 57.69 60.25 69.15 75.66 82.12 USD Million [+]
Current Account to GDP -4.40 2 3 3 1.05 1.66 percent [+]
Remittances 15725.73 15997 16019 16041 16063 15434 USD Million [+]
Gold Reserves 0.73 1.13 1.25 1.36 1.47 2.12 Tonnes [+]
Foreign Direct Investment 61.30 47.16 44.53 41.62 39.35 24.94 [+]
Crude Oil Production 17.00 16.8 16.74 16.68 16.62 16.1 BBL/D/1K [+]
Capital Flows 44.10 51.17 38.49 45.53 37.93 32.45 USD Million [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 42.87 45 45 41 54.92 35 percent [+]
Government Budget -9.80 -9.1 -8.63 -8.16 -7.69 -3.68 percent of GDP [+]
Government Budget Value -1742.70 -1665 -1694 -1723 -1752 -1336 SRD Million [+]
Government Debt 7127.00 6173 6723 7272 7822 8244 SRD Million [+]
Government Revenues 3398.70 3008 2924 2840 2756 2361 SRD Million [+]
Fiscal Expenditure 5005.70 4910 4793 4677 4561 3291 SRD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Ease of Doing Business 158.00 152 151 150 149 155 [+]
Corruption Index 45.00 37 36 35 33 38 Points [+]
Corruption Rank 64.00 67 71 75 79 76 [+]
Competitiveness Index 3.71 3.69 3.69 3.7 3.7 3.7 Points [+]
Competitiveness Rank 110.00 111 111 110 110 110 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Personal Income Tax Rate 38.00 38 38 38 38 38 percent [+]
Corporate Tax Rate 36.00 36 36 36 36 36 percent [+]
Sales Tax Rate 10.00 10 10 10 10 10 percent [+]