Suriname recorded a Current Account deficit of 2.90 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Suriname averaged -0.18 percent from 1977 until 2018, reaching an all time high of 53.23 percent in 1989 and a record low of -30.44 percent in 1991. This page provides - Suriname Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current Account to GDP in Suriname is expected to be -3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Suriname Current Account to GDP is projected to trend around -2.00 percent in 2020, according to our econometric models.

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Suriname Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-2.90 -0.10 53.23 -30.44 1977 - 2018 percent Yearly

Suriname Current Account to GDP
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.

Suriname Trade Last Previous Highest Lowest Unit
Balance of Trade 97.40 34.40 296.60 -129.40 USD Million [+]
Current Account -101.60 -195.90 248.30 -225.10 USD Million [+]
Current Account to GDP -2.90 -0.10 53.23 -30.44 percent [+]
Exports 553.60 518.00 738.60 264.60 USD Million [+]
Imports 456.20 483.60 594.10 220.60 USD Million [+]
Gold Reserves 1.30 1.30 8.80 0.60 Tonnes [+]
Crude Oil Production 14.00 14.00 17.00 5.00 BBL/D/1K [+]
Foreign Direct Investment 13.40 -23.30 129.00 -83.20 Millions USD [+]
Capital Flows 208.20 167.60 383.80 -168.20 USD Million [+]