Suriname GDP Annual Growth Rate2022 Data - 2023 Forecast - 1977-2021 Historical

Name: Suriname GDP Annual Growth Rate
Creator: TRADING ECONOMICS
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Keywords: Suriname,GDP Annual Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

GDP Annual Growth Rate in Suriname decreased to -13.40 percent in 2020 from 0.30 percent in 2019. source: Central Bank of Suriname

GDP Annual Growth Rate in Suriname averaged 1.06 percent from 1977 until 2020, reaching an all time high of 10.80 percent in 1988 and a record low of -13.40 percent in 2020. This page provides the latest reported value for - Suriname GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Suriname GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2022.

GDP Annual Growth Rate in Suriname is expected to reach 2.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Suriname GDP Annual Growth Rate is projected to trend around 2.00 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Annual Growth Rate	-13.40	0.30	percent	Dec 2020
GDP Constant Prices	8167.00	9740.00	SRD Million	Dec 2020

Suriname GDP Annual Growth Rate

Suriname is the smallest country in the South America. Suriname is a large producer of bauxite (the country has one of the world’s biggest reserves), gold and oil. As such, the economy is highly dependent on mining and drilling industry which accounts for 85 percent of total exports and 25 percent of government revenues. In recent years, the government has undertaken series of reforms aiming at increasing fiscal revenues and improving the infrastructure. As a result, the country is expected to keep the current pace of expansion.