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. This page provides - Suriname Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Suriname Government Budget - values, historical data and charts - was last updated on July of 2020.

Government Budget in Suriname is expected to reach -12.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Suriname Government Budget is projected to trend around -10.50 percent of GDP in 2021 and -9.50 percent of GDP in 2022, according to our econometric models.

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Suriname Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-7.90 -9.20 5.70 -10.60 2005 - 2018 percent of GDP Yearly

Suriname Government Last Previous Highest Lowest Unit
Government Debt to GDP 81.40 86.90 114.98 15.66 percent [+]
Government Budget -7.90 -9.20 5.70 -10.60 percent of GDP [+]
Credit Rating 23.00 [+]
Government Budget Value -2956.90 -2239.80 458.30 -2956.90 SRD Million [+]
Government Debt 22374.90 18732.90 22374.90 953.20 SRD Million [+]
Government Revenues 5970.00 5114.40 5970.00 1740.00 SRD Million [+]
Fiscal Expenditure 7934.00 7134.70 7934.00 1772.40 SRD Million [+]


Suriname Government Budget
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.