Precipitation in Suriname increased to 142.17 mm in December from 55.17 mm in November of 2015. Precipitation in Suriname averaged 198.23 mm from 1901 until 2015, reaching an all time high of 669.79 mm in April of 1907 and a record low of 16.12 mm in November of 1932. This page includes a chart with historical data for Suriname Average Precipitation.

Temperature in Suriname decreased to 26.67 celsius in December from 27.53 celsius in November of 2015. Temperature in Suriname averaged 26.17 celsius from 1824 until 2015, reaching an all time high of 28.59 celsius in November of 2012 and a record low of 23.40 celsius in January of 1890. This page includes a chart with historical data for Suriname Average Temperature.

Suriname scored 3.71 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Suriname averaged 3.70 Points from 2012 until 2015, reaching an all time high of 3.75 Points in 2014 and a record low of 3.67 Points in 2013. Competitiveness Index in Suriname is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Suriname Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Suriname is the 110 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Suriname averaged 110.50 from 2012 until 2015, reaching an all time high of 114 in 2013 and a record low of 106 in 2014. Competitiveness Rank in Suriname is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Suriname Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Suriname was last recorded at 8048.60 US dollars in 2018. The GDP per Capita in Suriname is equivalent to 64 percent of the world's average. GDP per capita in Suriname averaged 6324.35 USD from 1960 until 2018, reaching an all time high of 8930.60 USD in 2013 and a record low of 3335 USD in 1960. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Suriname GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Suriname was last recorded at 13775.90 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Suriname, when adjusted by Purchasing Power Parity is equivalent to 78 percent of the world's average. GDP per capita PPP in Suriname averaged 11914.21 USD from 1990 until 2018, reaching an all time high of 15285.50 USD in 2013 and a record low of 9460.70 USD in 1996. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Suriname GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Suriname increased to 7934 SRD Million in 2018 from 7134.70 SRD Million in 2017. Fiscal Expenditure in Suriname averaged 4219.62 SRD Million from 2006 until 2018, reaching an all time high of 7934 SRD Million in 2018 and a record low of 1772.40 SRD Million in 2006. This page provides - Suriname Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Suriname increased to 5970 SRD Million in 2018 from 5114.40 SRD Million in 2017. Government Revenues in Suriname averaged 3503.05 SRD Million from 2006 until 2018, reaching an all time high of 5970 SRD Million in 2018 and a record low of 1740 SRD Million in 2006. This page provides - Suriname Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname recorded a government budget deficit of 2956.90 SRD Million in 2018. Government Budget Value in Suriname averaged -889.39 SRD Million from 2006 until 2018, reaching an all time high of 458.30 SRD Million in 2007 and a record low of -2956.90 SRD Million in 2018. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. In Suriname, statistical discrepancy is included into calculations. This page provides - Suriname Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname recorded a government debt equivalent to 81.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Suriname averaged 46.92 percent from 1990 until 2018, reaching an all time high of 114.98 percent in 1993 and a record low of 15.66 percent in 2009. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Suriname Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname is ranked 162 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Suriname improved to 162 in 2019 from 165 in 2018. Ease of Doing Business in Suriname averaged 158.25 from 2008 until 2019, reaching an all time high of 165 in 2012 and a record low of 148 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Suriname.

Suriname recorded a Government Budget deficit equal to 7.90 percent of the country's Gross Domestic Product in 2018. Government Budget in Suriname averaged -3.85 percent of GDP from 2005 until 2018, reaching an all time high of 5.70 percent of GDP in 2007 and a record low of -10.60 percent of GDP in 2016. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Suriname Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname scored 44 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Suriname averaged 37.40 Points from 2004 until 2019, reaching an all time high of 45 Points in 2016 and a record low of 30 Points in 2006. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Suriname Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Suriname is the 70 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Suriname averaged 79.33 from 2004 until 2019, reaching an all time high of 100 in 2011 and a record low of 49 in 2004. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Suriname Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Suriname stands at 10 percent. In Suriname, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Suriname. This page provides - Suriname Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Suriname stands at 36 percent. In Suriname, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Suriname. This page provides - Suriname Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Suriname stands at 38 percent. In Suriname, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Suriname. This page provides - Suriname Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Suriname decreased to 7.40 percent in 2019 from 7.60 percent in 2018. Unemployment Rate in Suriname averaged 10.02 percent from 1990 until 2019, reaching an all time high of 17 percent in 1992 and a record low of 5.50 percent in 2014. In Suriname, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force in Paramaribo and Wanica regions. This page provides - Suriname Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname recorded a trade surplus of 127.40 USD Million in the fourth quarter of 2019. Balance of Trade in Suriname averaged 91.21 USD Million from 2006 until 2019, reaching an all time high of 296.60 USD Million in the third quarter of 2011 and a record low of -129.40 USD Million in the third quarter of 2015. Suriname runs trade surpluses due to exports of bauxite. Suriname is also a net exporter of oil, gold, hardwood and bananas. The country is a net importer of fuel, food, clothing and machinery. Main trading partner is the United States (23 percent of total exports and 26 percent of imports). Others include: Netherlands, United Arab Emirates and Guyana. This page provides - Suriname Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Suriname increased to 576 USD Million in the fourth quarter of 2019 from 553.60 USD Million in the third quarter of 2019. Exports in Suriname averaged 484.57 USD Million from 2006 until 2019, reaching an all time high of 738.60 USD Million in the fourth quarter of 2012 and a record low of 264.60 USD Million in the first quarter of 2006. Suriname main exports are bauxite (70 percent of total exports). Others include: gold, oil, hardwood and bananas. Main export partners are: the United States (23 percent of total exports), Canada (20 percent), Belgium, United Arab Emirates, Norway, Guyana and Netherlands. This page provides - Suriname Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname recorded a Current Account deficit of 101.60 USD Million in the fourth quarter of 2019. Current Account in Suriname averaged 3.55 USD Million from 2006 until 2019, reaching an all time high of 248.30 USD Million in the first quarter of 2010 and a record low of -225.10 USD Million in the third quarter of 2015. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Suriname Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Suriname decreased to 448.60 USD Million in the fourth quarter of 2019 from 456.50 USD Million in the third quarter of 2019. Imports in Suriname averaged 393.37 USD Million from 2006 until 2019, reaching an all time high of 594.10 USD Million in the third quarter of 2013 and a record low of 220.60 USD Million in the first quarter of 2006. Suriname main imports are food, fuel, clothing and machinery. Main import partners are the United States (26 percent of total imports) and Netherlands (16 percent). Others include: United Arab Emirates, Netherlands and Brazil. This page provides - Suriname Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname recorded a capital and financial account surplus of 217.90 USD Million in the fourth quarter of 2019. Capital Flows in Suriname averaged 53.74 USD Million from 2006 until 2019, reaching an all time high of 383.80 USD Million in the fourth quarter of 2014 and a record low of -168.20 USD Million in the fourth quarter of 2010. This page provides - Suriname Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Suriname was worth 3.60 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Suriname represents 0 percent of the world economy. GDP in Suriname averaged 1.41 USD Billion from 1960 until 2019, reaching an all time high of 5.24 USD Billion in 2014 and a record low of 0.10 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Suriname GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Suriname was estimated at 0.6 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Suriname had a population of 0.3 million people. The population of Suriname represents 0.01 percent of the world´s total population which arguably means that one person in every 13158 people on the planet is a resident of Suriname. This page provides - Suriname Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Suriname was recorded at 4.20 percent in January of 2020. Inflation Rate in Suriname averaged 31 percent from 1969 until 2020, reaching an all time high of 586.48 percent in December of 1994 and a record low of -11.68 percent in June of 1996. In Suriname, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (40.4 percent of total weight). Housing and Utilities accounts for 14.1 percent; Transport for 11.7 percent; Miscellaneous Goods and Services for 10.7 percent; Furniture, Household Goods and Maintenance for 4.8 percent and Recreation, Culture and Education for 4.1 percent. Communication; Clothing and Footwear; Alcoholic beverages and Tobacco; Health and Restaurants account for the remaining 14.2 percent of total weight. This page provides the latest reported value for - Suriname Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Consumer Price Index in Suriname increased 0.70 percent in January of 2020 over the previous month. Inflation Rate Mom in Suriname averaged 0.88 percent from 2009 until 2020, reaching an all time high of 15.60 percent in November of 2015 and a record low of -1.70 percent in May of 2009. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Suriname Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Suriname increased to 144.30 points in January from 143.40 points in December of 2019. Consumer Price Index Cpi in Suriname averaged 129.11 points from 2016 until 2020, reaching an all time high of 144.30 points in January of 2020 and a record low of 94.30 points in April of 2016. This page provides - Suriname Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Suriname increased 5.30 percent in January of 2020 over the same month in the previous year. Food Inflation in Suriname averaged 9.58 percent from 2010 until 2020, reaching an all time high of 44.70 percent in April of 2017 and a record low of -1.14 percent in December of 2013. This page provides the latest reported value for - Suriname Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Suriname was last recorded at 25 percent. Interest Rate in Suriname averaged 7.78 percent from 1954 until 2018, reaching an all time high of 25 percent in the fourth quarter of 2016 and a record low of 4 percent in the second quarter of 1954. In Suriname, the interest rate refers to the Discount Rate, the rate which the Central Bank of Suriname extends credit to the commercial banks and the government. This page provides the latest reported value for - Suriname Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Suriname remained unchanged at 14 BBL/D/1K in December from 14 BBL/D/1K in November of 2019. Crude Oil Production in Suriname averaged 12.31 BBL/D/1K from 1994 until 2019, reaching an all time high of 17 BBL/D/1K in January of 2015 and a record low of 5 BBL/D/1K in January of 1997. This page provides - Suriname Crude Oil Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gold Reserves in Suriname increased to 1.70 Tonnes in the fourth quarter of 2019 from 1.30 Tonnes in the third quarter of 2019. Gold Reserves in Suriname averaged 2.11 Tonnes from 2000 until 2019, reaching an all time high of 8.80 Tonnes in the third quarter of 2000 and a record low of 0.60 Tonnes in the fourth quarter of 2002. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Suriname Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Suriname increased to 22374.90 SRD Million in 2019 from 18732.90 SRD Million in 2018. Government Debt in Suriname averaged 5661.56 SRD Million from 2001 until 2019, reaching an all time high of 22374.90 SRD Million in 2019 and a record low of 953.20 SRD Million in 2001. This page provides - Suriname Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Suriname expanded 2.10 percent in 2019 from the previous year. GDP Annual Growth Rate in Suriname averaged 1.44 percent from 1977 until 2019, reaching an all time high of 10.80 percent in 1988 and a record low of -8.80 percent in 1987. 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. 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.

GDP Constant Prices in Suriname decreased to 9643 SRD Million in 2019 from 9718 SRD Million in 2018. GDP Constant Prices in Suriname averaged 9267.86 SRD Million from 2006 until 2019, reaching an all time high of 10202 SRD Million in 2014 and a record low of 7669 SRD Million in 2006. This page provides - Suriname Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Suriname stands at CCC+ with negative outlook. Moody's credit rating for Suriname was last set at B3 with negative outlook. Fitch's credit rating for Suriname was last reported at CCC with n/a outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Suriname thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Suriname as reported by major credit rating agencies.

Suriname recorded 10 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Suriname reported 1 Coronavirus Deaths. This page includes a chart with historical data for Suriname Coronavirus Cases.

Suriname recorded 1 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Suriname reported 10 Coronavirus Cases. This page includes a chart with historical data for Suriname Coronavirus Deaths.

Suriname recorded 9 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Suriname reported 1 Coronavirus Deaths. This page includes a chart with historical data for Suriname Coronavirus Recovered.

Deposit Interest Rate in Suriname decreased to 8.70 percent in February from 8.80 percent in January of 2020. Deposit Interest Rate in Suriname averaged 7.34 percent from 2006 until 2020, reaching an all time high of 9.40 percent in June of 2018 and a record low of 6.20 percent in November of 2009. In Suriname, the deposit rate refers to weighed average rate, based on actual volumes of all deposits extended by other depository corporations at specific rates of interest. This page includes a chart with historical data for Deposit Interest Rate in Suriname.

Lending Rate in Suriname increased to 15.20 percent in February from 15.10 percent in January of 2020. Lending Rate in Suriname averaged 13.05 percent from 2006 until 2020, reaching an all time high of 16.20 percent in January of 2006 and a record low of 11.50 percent in July of 2009. In Suriname, the lending rate refers to weighed average rate, based on actual volumes of all loans extended by other depository corporations at specific rates of interest. This page provides - Suriname Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Suriname decreased by 42.50 Millions USD in the fourth quarter of 2019. Foreign Direct Investment in Suriname averaged 7.20 Millions USD from 2006 until 2019, reaching an all time high of 129 Millions USD in the fourth quarter of 2014 and a record low of -83.20 Millions USD in the second quarter of 2007. This page provides - Suriname Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname recorded a Current Account deficit of 6.10 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Suriname averaged -0.32 percent from 1977 until 2019, reaching an all time high of 53.23 percent in 1989 and a record low of -30.44 percent in 1991. 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.

Imports from Suriname in Australia remained unchanged at 0 AUD Million in March from 0 AUD Million in February of 2020. This page includes a chart with historical data for Australia Imports from Suriname.

Remittances in Suriname increased to 15725.73 USD Million in 2013 from 15427.65 USD Million in 2012. Remittances in Suriname averaged 11650.53 USD Million from 1990 until 2013, reaching an all time high of 15725.73 USD Million in 2013 and a record low of 9541.90 USD Million in 1993. Remittances in Suriname is reported by the Inter-American Development Bank. This page provides - Suriname Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Suriname Interbank Rate increased to 12.60 percent on Monday September 30 from 9.30 percent in the previous trading day. Interbank Rate in Suriname averaged 9.29 percent from 2007 until 2019, reaching an all time high of 18.60 percent in October of 2018 and a record low of 5.40 percent in October of 2008. This page provides - Suriname Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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