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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Currency 7.40
7.45 7.47 7.49 7.5 7.58
GDP Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate -2.10
percent
0.5 0.5 1 -1.45 0.8
GDP 3.32
USD Billion
3.6 3.6 4 4 4.5
GDP per capita 8043.46
USD
8000 8000 8100 8100 8200
GDP per capita PPP 13767.12
USD
13400 13400 13600 13600 13800
Gdp Constant Prices 9224.00
SRD Million
9112 9154 9141 9129 9045
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 9.70
percent
8.5 8.5 8 8 7.5
Population 0.56
Million
0.56 0.56 0.56 0.56 0.56
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 6.00
percent
8.5 8 7.9 7.8 7
Inflation Rate Mom 1.30
percent
0.59 0.85 0.73 0.77 0.76
Food Inflation 6.95
percent
10 8.5 8 8 7
Consumer Price Index Cpi 134.80
Index Points
140 141 143 143 162
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 25.00
percent
25 25 20 20 8
Deposit Interest Rate 9.30
percent
9.3 9.3 4.3 4.3 -7.7
Lending Rate 14.20
percent
14.2 14.2 9.2 9.2 -2.8
Interbank Rate 18.00
percent
18 18 13 13 1
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 12.70
USD Million
18.34 -14.17 -39.93 -23.66 1.12
Exports 537.20
USD Million
536 517 520 513 474
Imports 524.50
USD Million
518 513 560 536 473
Current Account -103.00
USD Million
-94.48 -75.54 -86.23 -101 -91.04
Current Account to GDP -4.40
percent
3 3 4 4 -6
Gold Reserves 0.81
Tonnes
0.8 0.8 0.8 0.8 0.8
Foreign Direct Investment 79.80
Millions USD
50.7 53.08 63.46 51.54 53.87
Crude Oil Production 17.00
BBL/D/1K
17 17 17 17 17
Capital Flows 28.40
USD Million
32.23 37.79 31.96 37.46 35.66
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 57.48
percent
41 41 38 38 35
Government Budget -5.70
percent of GDP
-6.16 -5.31 -5.23 -5.16 -4.35
Government Budget Value -1855.80
SRD Million
-1959 -2206 -1996 -2001 -2618
Government Debt 7145.90
SRD Million
6191 6150 6713 7276 9284
Government Revenues 3404.60
SRD Million
3376 3360 3368 3377 3307
Fiscal Expenditure 5260.40
SRD Million
5335 5350 5364 5378 5925
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Internet Speed 2103.19
KBps
2235 2021 2027 2152 2043
IP Addresses 49087.00
IP
48967 48900 48835 48772 48279
Ease of Doing Business 165.00
166 168 168 168 168
Corruption Index 41.00
Points
39 39 38 38 37
Corruption Rank 77.00
75 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 Q3/18 Q4/18 Q1/19 Q2/19 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Precipitation 142.17
mm
161 103 208 196 203
Temperature 26.67
celsius
26.65 26.68 25.62 26.72 26.81