Suriname - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 7.43
7.49 7.54 7.6 7.66 7.89
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate -10.40
percent
0.5 0.5 0.5 1 0.8
GDP 3.62
USD Billion
3.55 3.07 2.6 -0.4 -0.9
GDP per capita 7661.80
USD
8092 7570 7630 7542 7516
GDP per capita PPP 13113.90
USD
13850 13455 13059 12910 12864
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 9.90
percent
9.6 9.95 10.3 10.12 8.7
Population 0.56
Million
0.55 0.55 0.55 0.55 0.58
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 8.60
percent
8.8 8.5 8 7.9 7
Inflation Rate Mom 0.10
percent
0.82 0.88 0.92 0.94 0.96
Food Inflation 13.90
percent
12 10 8.5 8 7
Consumer Price Index Cpi 132.80
Index Points
137 140 141 143 162
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 25.00
percent
25 25 25 20 8
Deposit Interest Rate 9.00
percent
9 9 9 4 -8
Lending Rate 14.50
percent
14.5 14.5 14.5 9.5 -2.5
Interbank Rate 11.50
percent
11.5 11.5 11.5 6.5 -5.5
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 182.80
USD Million
184 184 184 184 184
Exports 522.20
USD Million
506 506 506 506 506
Imports 339.40
USD Million
323 323 323 323 323
Current Account 72.20
USD Million
82.3 82.3 82.3 82.3 82.3
Current Account to GDP -4.40
percent
3 3 3 4 -6
Gold Reserves 0.81
Tonnes
0.76 0.7 0.75 0.72 0.73
Foreign Direct Investment -19.90
Millions USD
-46.25 -46.25 -46.25 -46.25 -46.25
Crude Oil Production 17.00
BBL/D/1K
17 17 17 17 17
Capital Flows -64.60
USD Million
-55.5 -55.5 -55.5 -55.5 -55.5
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 57.48
percent
41 41 41 38 35
Government Budget -5.70
percent of GDP
-7 -6.16 -5.31 -5.23 -4.35
Government Budget Value -1855.80
SRD Million
-1927 -1959 -2206 -1996 -2618
Government Debt 7145.90
SRD Million
6232 6191 6150 6713 9284
Government Revenues 3404.60
SRD Million
3392 3376 3360 3368 3307
Fiscal Expenditure 5260.40
SRD Million
5320 5335 5350 5364 5925
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 2103.19
KBps
2120 2235 2021 2027 2043
IP Addresses 49087.00
IP
49033 48967 48900 48835 48279
Ease of Doing Business 165.00
165 165 165 165 165
Corruption Index 41.00
Points
41 41 41 41 41
Corruption Rank 77.00
77 77 77 77 77
Competitiveness Index 3.71
Points
3.7 3.7 3.7 3.7 3.69
Competitiveness Rank 110.00
111 111 111 111 111
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Personal Income Tax Rate 38.00
percent
38 38 38 38 38
Corporate Tax Rate 36.00
percent
36 36 36 36 36
Sales Tax Rate 10.00
percent
10 10 10 10 10
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 142.17
mm
323 161 103 208 203
Temperature 26.67
celsius
26.01 26.65 26.68 25.62 26.81