Economy - overview:
The economy is dominated by the mining industry, with exports of oil, gold, and alumina accounting for about 85% of exports and 27% of government revenues, making the economy highly vulnerable to mineral price volatility. Economic growth has declined from just under 5% in 2012 and 2013 to 4% in 2014. In January 2011, the government devalued the currency by 20% and raised taxes to reduce the budget deficit. As a result of these measures, inflation receded to less than 4% in 2014. Suriname's economic prospects for the medium term will depend on continued commitment to responsible monetary and fiscal policies and to the introduction of structural reforms to liberalize markets and promote competition. The government's reliance on revenue from extractive industries will temper Suriname's economic outlook, especially if gold prices continue their downward trend.

GDP (purchasing power parity):
$9.211 billion (2015 est.) $9.075 billion (2014 est.) $8.911 billion (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 161
[see also: GDP country ranks ]

GDP (official exchange rate):
$5.05 billion (2015 est.)
[see also: GDP (official exchange rate) country ranks ]

GDP - real growth rate:
1.5% (2015 est.) 1.8% (2014 est.) 2.8% (2013 est.)
country comparison to the world: 162
[see also: GDP - real growth rate country ranks ]

GDP - per capita (PPP):
$16,700 (2015 est.) $16,400 (2014 est.) $16,100 (2013 est.)
note: data are in 2015 US dollars
country comparison to the world: 98
[see also: GDP - per capita country ranks ]

Gross national saving:
26.4% of GDP (2015 est.) 25.9% of GDP (2014 est.) 26% of GDP (2013 est.)
country comparison to the world: 42
[see also: Gross national saving country ranks ]

GDP - composition, by end use:
household consumption: 52%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption: 11.2%
[see also: GDP - composition, by end use - government consumption country ranks ]
investment in fixed capital: 11.9%
[see also: GDP - composition, by end use - investment in fixed capital country ranks ]
investment in inventories: 26.5%
[see also: GDP - composition, by end use - investment in inventories country ranks ]
exports of goods and services: 24.2%
[see also: GDP - composition, by end use - exports of goods and services country ranks ]
imports of goods and services: -25.8% (2015 est.)
[see also: GDP - composition, by end use - imports of goods and services country ranks ]

GDP - composition, by sector of origin:
agriculture: 6.2%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry: 48.7%
[see also: GDP - composition, by sector of origin - industry country ranks ]
services: 45.1% (2015 est.)
[see also: GDP - composition, by sector of origin - services country ranks ]

Agriculture - products:
rice, bananas, palm kernels, coconuts, plantains, peanuts; beef, chickens; shrimp; forest products

Industries:
bauxite and gold mining, alumina production; oil, lumbering, food processing, fishing

Industrial production growth rate:
2% (2015 est.)
country comparison to the world: 113
[see also: Industrial production growth rate country ranks ]

Labor force:
165,600 (2007 est.)
country comparison to the world: 176
[see also: Labor force country ranks ]

Labor force - by occupation:
agriculture: 11.2%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 19.5%
[see also: Labor force - by occupation - industry country ranks ]
services: 69.3% (2010)
[see also: Labor force - by occupation - services country ranks ]

Unemployment rate:
8.9% (2014 est.) 8.5% (2013 est.)
country comparison to the world: 104
[see also: Unemployment rate country ranks ]

Population below poverty line:
70% (2002 est.)
[see also: Population below poverty line country ranks ]

Household income or consumption by percentage share:
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%: NA%
[see also: Household income or consumption by percentage share - highest 10% country ranks ]

Budget:
revenues: $1.061 billion
[see also: Budget revenues country ranks ]
expenditures: $1.455 billion (2015 est.)
[see also: Budget expenditures country ranks ]

Taxes and other revenues:
21% of GDP (2015 est.)
country comparison to the world: 150
[see also: Taxes and other revenues country ranks ]

Budget surplus (+) or deficit (-):
-7.8% of GDP (2015 est.)
country comparison to the world: 196
[see also: Budget surplus (+) or deficit (-) country ranks ]

Fiscal year:
calendar year

Inflation rate (consumer prices):
3.8% (2015 est.) 3.4% (2014 est.)
country comparison to the world: 148
[see also: Inflation rate (consumer prices) country ranks ]

Central bank discount rate:
10% (2013) 9% (2012)
country comparison to the world: 20
[see also: Central bank discount rate country ranks ]

Commercial bank prime lending rate:
12.5% (31 December 2015 est.) 12.28% (31 December 2014 est.)
country comparison to the world: 62
[see also: Commercial bank prime lending rate country ranks ]

Stock of narrow money:
$1.55 billion (31 December 2015 est.) $1.409 billion (31 December 2014 est.)
country comparison to the world: 138
[see also: Stock of narrow money country ranks ]

Stock of broad money:
$3.461 billion (31 December 2015 est.) $2.885 billion (31 December 2014 est.)
country comparison to the world: 144
[see also: Stock of broad money country ranks ]

Stock of domestic credit:
$2.424 billion (31 December 2015 est.) $2.029 billion (31 December 2014 est.)
country comparison to the world: 134
[see also: Stock of domestic credit country ranks ]

Market value of publicly traded shares:
$NA
[see also: Market value of publicly traded shares country ranks ]

Current account balance:
-$476 million (2015 est.) -$386 million (2014 est.)
country comparison to the world: 93
[see also: Current account balance country ranks ]

Exports:
$1.829 billion (2015 est.) $2.149 billion (2014 est.)
country comparison to the world: 142
[see also: Exports country ranks ]

Exports - commodities:
alumina, gold, crude oil, lumber, shrimp and fish, rice, bananas

Exports - partners:
US 32.1%, UAE 16.8%, Belgium 13.4%, Canada 10%, France 6.2%, Netherlands 4.3% (2014)

Imports:
$2.06 billion (2015 est.) $1.966 billion (2014 est.)
country comparison to the world: 161
[see also: Imports country ranks ]

Imports - commodities:
capital equipment, petroleum, foodstuffs, cotton, consumer goods

Imports - partners:
US 31.3%, Netherlands 16.6%, China 10.7%, Trinidad and Tobago 6.9%, Japan 4.2% (2014)

Reserves of foreign exchange and gold:
$625.2 million (31 December 2014 est.) $778.8 million (31 December 2013 est.)
country comparison to the world: 143
[see also: Reserves of foreign exchange and gold country ranks ]

Debt - external:
$1.067 billion (31 December 2014 est.) $983 million (31 December 2013 est.)
country comparison to the world: 163
[see also: Debt - external country ranks ]

Exchange rates:
Surinamese dollars (SRD) per US dollar - 3.3 (2015 est.) 3.3 (2014 est.) 3.3 (2013 est.) 3.3 (2012 est.) 3.27 (2011 est.)