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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 7.41
7.48 7.53 7.59 7.64 7.88
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate -10.40
percent
0.5 0.5 0.5 0.5 0.8
GDP 3.62
USD Billion
4.5 4.2 3.9 3.6 3.5
GDP per capita 7661.80
USD
8322 8095 7867 7640 7581
GDP per capita PPP 13113.90
USD
14245 13850 13455 13059 12910
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 9.90
percent
9.35 9.5 9.65 9.8 9.7
Population 0.56
Million
0.54 0.55 0.55 0.56 0.58
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 9.20
percent
9 8.8 8.5 8 7
Food Inflation 145.40
percent
119 105 92 45 21
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 25.00
percent
10 10 10 10 8
Deposit Interest Rate 9.00
percent
8.9 8.88 8.86 8.83 8.68
Lending Rate 14.50
percent
14.55 14.55 14.55 14.54 14.53
Interbank Rate 11.50
percent
8.57 8.38 8.22 8.1 7.66
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 182.80
USD Million
158 137 116 107 79.67
Exports 522.20
USD Million
521 521 511 509 471
Imports 339.40
USD Million
346 357 358 361 368
Current Account 72.20
USD Million
70.41 59.78 59.01 52.5 33.74
Current Account to GDP -4.40
percent
3 3 -0.63 3 1.66
Remittances 15725.73
USD Million
15761 15839 15918 15997 15434
Gold Reserves 0.81
Tonnes
0.93 1.06 1.18 1.29 1.93
Foreign Direct Investment -19.90
Millions USD
3.95 -13.44 -13.31 -5.74 -5.78
Crude Oil Production 17.00
BBL/D/1K
16.74 16.68 16.62 16.56 16.1
Capital Flows -64.60
USD Million
-34.57 -22.37 -22.14 -13.53 6.54
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 42.87
percent
45 41 47.85 41 35
Government Budget -5.70
percent of GDP
-6.53 -5.86 -5.19 -4.52 -2.01
Government Budget Value -1855.80
SRD Million
-1784 -1800 -1817 -1833 -1660
Government Debt 7145.90
SRD Million
6273 6232 6191 6150 8185
Government Revenues 3404.60
SRD Million
3119 3111 3103 3095 2778
Fiscal Expenditure 5260.40
SRD Million
5068 5021 4974 4927 4247
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 2103.19
KBps
1857 2216 2125 1870 1928
IP Addresses 49087.00
IP
45418 44363 43273 42207 34121
Ease of Doing Business 165.00
159 160 160 161 154
Corruption Index 45.00
Points
36 37 37 37 38
Corruption Rank 64.00
74 72 69 67 76
Competitiveness Index 3.71
Points
3.69 3.69 3.69 3.69 3.7
Competitiveness Rank 110.00
111 111 111 111 110
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 142.17
mm
207 323 161 103 203
Temperature 26.67
celsius
25.57 26.01 26.65 26.68 26.81